An Indian district, Firozabad, about 40 km from Agra of Taj Mahal’s fame in the Indian province of Uttar Pradesh, would start the registration of complaints police complaints on the blockchain network. The district, with 2.4 million people and 21 police stations, aims to achieve immutability and transparency of complaints lodged by victims of crime by leveraging this emerging technology. Blockchain-Based Complaint Portal “Using emerging technologies like Blockchain, a...
Read More »Bitcoin’s Next Bull Run Will Start in 2023 According to Bitwise CEO
Hunter Horsley – CEO of the technology solutions provider Bitwise – believes bear markets are a great period when investors could increase their exposure to bitcoin. He estimated that the next bull run will begin next year, outlining that his firm’s clients have already increased their interest in the asset. Fortunes Are Made in the Bear Market In an interview for Bloomberg, Horsley outlined the historical pattern of bitcoin’s price movement. During its existence, the primary...
Read More »Nasdaq Is Seeking to Expand Its Crypto Presence
Nasdaq Inc. has a growing interest in cryptocurrency. So much so that it’s looking to expand itself in the crypto space by establishing a group that’s dedicated to digital currency research and custodial offerings, meaning it could soon be able to hold crypto assets for its many clients. Nasdaq Wants to Offer Crypto Custody Services The company’s plans were recently confirmed by its executive vice president Tai Cohen. The new group will be headed by a man named Ira Auerbach, who recently had...
Read More »ETH Dips Below $1,200 and Recovers Amid Massive Recent Volatility, What’s Next? (ETH Price Analysis)
After a lengthy period of defending the $1200, Ethereum momentarily fell below this level, followed by a quick recovery to $1,343. This price action highlights the significance of demand below the $1200 support level. Technical Analysis By Grizzly The Daily Chart: At the time of writing, the market has recovered from the volatility caused by the recently announced CPI numbers for September. Ethereum has returned to the 200-week moving average (in white). Considering the 61.8%...
Read More »Crypto Litigator Kyle Roche Removed from His Firm’s Class-Action Dept.
Anonymous website Crypto Leaks recently published video footage of Kyle Roche – a known crypto litigator – talking about what a huge stake he has in a company known as Ava Labs, which dabbles in blockchain and distributed ledger technology. Kyle Roche Is Feeling the Heat In the video, he also appears to talk about filing suit against competitors of the company. He also refers to class-action plaintiffs and jurors as “idiots.” This has set up an improper conduct...
Read More »Only the Smartest (and Most Foolish) Investors Own Bitcoin: Bank of Canada
A new report from the Bank of Canada has unearthed some intriguing facts about the state of Bitcoin ownership across the country. The report found that about 13% of Canadians owned Bitcoin in 2021 – but that investors of average financial literacy are the least likely of all to buy in. When and Why Do Canadians Buy BTC? As the central bank’s survey showed, Bitcoin ownership figures in 2021 were more than double the 5% ownership present from 2018 to 2020. The increase was...
Read More »Crypto Is Bombing, and It’s Likely the Fed’s Fault
We are in a recession. The United States has experienced two consecutive quarters where the GDP is exceedingly low, and by all definitions, this is exactly what a recession is. There are many people out there that continue to talk about how it’s something that could happen, but nobody is really talking about the fact that it’s already here in many ways, and it’s never been more evident than through the tanking crypto prices that 2022 has witnessed. Crypto Continues to...
Read More »Breaking Records: Anthony Hopkins NFT Collection Sellout Defies Bear Market
Defying a trend of decreasing NFT sales, award-winning actor Sir Anthony Hopkins has sold out his debut collection, “The Eternal Collection,” in just seven minutes. The record sale was announced by NFT design agency Orange Comet Inc. on Oct. 14. The firm, which worked with the octogenarian actor on the digital artwork, claimed that it was the fastest sellout in OpenSea history. The collection was originally announced in mid-August to celebrate the actor’s long and diverse...
Read More »Revolut senkt Krypto-Handelsgebühren ab Oktober 2022 um 20%
Die europäische Digitalbank Revolut, die auf 33 Milliarden US-Dollar bewertet wurde, ist im Krypto-Bereich sehr aktiv. Ihr wurde von der Börsenaufsichtsbehörde von Zypern (CYSEC) die Genehmigung erteilt, Kryptowährungsbezogene Dienste im gesamten Europäischen Wirtschaftsraum (EWR) anzubieten. Damit wurde es das erste Unternehmen, das von der zyprischen Regulierungsbehörde die Zulassung als Krypto-Asset-Dienstleister erhielt. Das Unternehmen hat weltweit rund 20 Millionen Kunden und...
Read More »Bitcoin Sharply Rejected at $20K Following Friday’s Wall Street Collapse (Weekend Watch)
Bitcoin tried its hand at taking down $20,000 but was stopped in its tracks once more and has retraced by almost a grand. The altcoins are back in red after yesterday’s massive gains. This all came following the bloody Friday on Wall Street. Bitcoin Stopped at $20K The primary cryptocurrency was quite calm lately, but that all changed when the US announced the latest CPI numbers. BTC stood at $19,000 before it violently dropped to a multi-week low of $18,200. However, that...
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