Crypto news

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Die Kryptoindustrie hatte 2022 mit großen Herausforderungen zu kämpfen: stark gefallene Kurse von Kryptowährungen wie Bitcoin und Ether, das Kollabieren des Stablecoins UST mit der dahinter liegenden Währung Terra sowie die FTX-Implosion. In der Folge hat die Diskussion um eine stärkere Regulierung Fahrt aufgenommen. Mit Blick auf 2023 und darüber hinaus kann niemand sagen, wie die Entwicklung der Kryptoindustrie weitergehen wird. Was man aus Sicht von Hartmut Giesen, Kryptoexperte bei der...

Bitcoin cash price started a fresh decline from the $105 zone against the US Dollar. The price is now trading below the $102 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $100 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it breaks the $95 and $92 support levels. Bitcoin cash price is declining from the $105 zone against the US Dollar, similar...

Coinweb, a layer-2 cross-chain computation platform, announced on December 29 that it has entered into a partnership with BMW to integrate blockchain technology into the automaker’s infrastructure in order to improve the efficiency of financial transactions. Coinweb stated that the primary goal of this partnership is to provide a completely new experience for BMW’s customers in Thailand. To achieve this, the two companies plan to implement two different roadmaps in 2023. The...

Sitiveni Rabuka became Fiji’s 12th Prime Minister after winning the country’s elections earlier this month. The 74-year-old, commonly known by his nickname “Rambo,” is a proponent of bitcoin. Former member of Parliament of Tonga Lord Fusitu’a applauded the Rabuka for his success, supporting the idea of Fiji and Tonga embracing the primary cryptocurrency as legal tender in 2023. ‘Let’s Go 2 for 2’ The People’s Alliance Party (PAP) became the new ruling political group in the...

A group of investors has filed a class-action complaint against Gemini Trust Co. and its founders, Tyler and Cameron Winklevoss, alleging that the U.S. cryptocurrency exchange sold unregistered securities in the form of interest-bearing accounts. The lawsuit comes about a month after Gemini halted withdrawals due to liquidity issues facing one of its business partners. Gemini Faces Class Action for Fraud The plaintiffs, Brendan Picha and Max J. Hastings, filed the action in a...

The Solana ecosystem that was once heavily tied to Sam Bankman-Fried’s FTX has been badly wounded after the collapse. As debates accelerated over the prospects of Solana, its native token – SOL – has plummeted 96% from its all-time high of $260 in November last year. Adding to its woes, crypto asset management company Matrixport is reportedly gearing up to delist Solana and Solana-U dual currency investment products on December 30th. Interestingly, Matrixport is founded by...

Mike Novogratz – the CEO of Galaxy Digital – praised his company’s decision to purchase the bitcoin mining facility – Helios. The firm recently won the auction to acquire another cryptocurrency entity – the blockchain cybersecurity platform GK8.  ‘Long-Term Believers in BTC’ In a recent tweet, Novogratz justified the Helios’ acquisition with the fact that Galaxy Digital is a “long-term” believer in bitcoin. He also thinks lowest-cost BTC miners will prevail in the future,...

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December 28, 2022, Tallinn, Estonia: Vulcan Blockchain has just announced that its’ novel auto-rebasing Layer 1 protocol will launch in Q1 of 2023. The protocol, which has been under development for some time aims to balance supply side issues affecting market stability. In this vein, the primary key feature of the Vulcan Blockchain is its Auto-Rebasing mechanism, which adjusts the circulating supply of $VUL (the native coin) every 15 minutes. Vulcan, named after the god...