Crypto news

François Villeroy de Galhau – the head of the French central bank – sounded a note of caution that Europe’s monetary sovereignty faces tough times if the EU does not regulate cryptocurrencies. Without hasty action, the international role of the euro would be endangered. ‘Europe Must Be Ready’ At the annual financial conference in Paris, the governor of Banque de France – François Villeroy de Galhau – claimed that the European Union needs to build a regulatory framework around...

Bitcoin price is up a robust 8.5% from the July low of $32,700, recorded both on Thursday and Friday. The coin surged over $3K over the past two days, breaking above the 20-day moving average line at $34.9K, and is now facing a combination of significant resistance on the daily timeframe. The major resistance is provided by a falling trend-line that dates back to mid-May when Bitcoin was trading above $50K. This line forms the upper angle of a potential descending triangle...

[PRESS RELEASE – Please Read Disclaimer] AXIA Coin (AXC) will be listed on BitMart Shooting Star at 10:00 PM on July 6, 2021 (EDT). Eligible BitMart users can purchase AXC with 20% off in a 24-hour flash sale. For all BitMart users, the AXC/USDT will be officially available for trading at 10:00 PM (EDT) on July 7, 2021. AXIA Coin is a global currency that aims to introduce a more equitable economic model, utilizing blockchain and smart contract technology. As a network, AXIA...

Bitcoin’s weekend struggles seem to be nowhere near as the cryptocurrency initiated another leg up and reclaimed $35,000. Most of the altcoins have charted gains as well, with Ethereum jumping above $2,300 for the first time since mid-June. Bitcoin Reconquers $35K After the volatile week in which BTC reached a multi-day high of $36,600 and then retraced to below $33,000, all eyes were on the weekend as recent history showed that the asset tends to head south when the workweek...

Robert Kiyosaki – the famed author of the bestselling book “Rich Dad, Poor Dad” – says that a major market overhaul is coming, and that those who do not own bitcoin will likely experience harsher economic circumstances than those who do not. Robert Kiyosaki on the State of the Economy In a recent interview, Kiyosaki – known for his prowess as a financial guru over the past 20 years – stated that the Federal Reserve is ruining the American economy by overprinting the U.S....

Fresh data from Glassnode revealed today that Bitcoin’s mining difficulty dropped by 28%, making it the largest negative adjustment in the history of the cryptocurrency.  Source: GlassnodeWhat is Bitcoin Mining Difficulty Adjustment? For clarity, Bitcoin mining difficulty is a metric that describes how hard it is for miners to mine a new block on the network. When the difficulty increases, it becomes harder and miners will need to dedicate more computational power to find the...

A man named Mark Alexander Hopkins has pleaded guilty to federal charges of running a bitcoin money transmitting business without a license. Hopkins May Have Misused His Bitcoin Knowledge Hopkins is described as one of the largest crypto marketers in North Texas and is often referred to as “Dr. Bitcoin” due to his alleged knowledge of the asset and its respective space. As was revealed in court, Hopkins reportedly used his knowledge of bitcoin to work with a Nigerian...

Iranian lawmakers recently drafted a bill to “support cryptocurrency mining and organizing the domestic market for exchanges.” Inside the Bill The plan involves making the Central Bank of Iran the primary regulatory body regarding the domestic exchange of cryptocurrencies within three months. This includes plans to prohibit the exchange of any cryptocurrency within the country, aside from a national one, as means of payment. A particularly interesting section of the bill...

Not long ago, the largest crypto heist in history was recorded. Africrypt, an exchange stationed on the continent of Africa, saw as much as $3.6 billion in crypto funds vanish without a trace. Africrypt Owners End Their Lawyers’ Services While at first the platform appeared to be the victim of a hack, things took a unique and ugly turn when the brothers that ran the exchange – Ameer and Raees Cajee – told their customers not to report the incident to law enforcement, as...

Mark Alexander Hopkins, also known as “Doctor Bitcoin,” pleaded guilty on charges against him of running an illegal cash-to-crypto scheme. After allowing criminals to exchange fiat currencies for bitcoin, he faces imprisonment of up to five years. Texas vs. ‘Doctor Bitcoin’ The Acting U.S. Attorney for the Northern District of Texas – Prerak Shah – announced that Mark Hopkins admitted that he ran unlicensed money transmitting business. The prosecution reminded that the...