Tag: news.bitcoin
Blockchain
Federal Reserve’s Neel Kashkari on Bitcoin: Still No Legitimate Use Case in an Advanced Democracy
The president and CEO of the Federal Reserve Bank of Minneapolis, Neel Kashkari, has expressed concern about consumer risk due to “fraud, hype, and confusion” surrounding bitcoin
Blockchain
Genesis Sells Grayscale Shares, Buys $2.17 Billion in Bitcoin for Customer Reimbursement
Following Genesis Global Capital’s receipt of authorization to divest its Grayscale fund holdings, reports disclose that Genesis executed the sale last week The proceeds were then used to
Blockchain
Miners Offload Bitcoin in Anticipation of Reward Halving, Says Cryptoquant
Data from Cryptoquant indicates that bitcoin miners have been offloading their assets in anticipation of the upcoming Bitcoin network halving, slated to take place in two weeks Cryptoquant
Blockchain
US Bitcoin ETFs Bounce Back With $569.4M in Net Inflows After Initial Dip
Spot bitcoin exchange-traded funds (ETFs) concluded the week on an upbeat note, securing $203 million in positive inflows on Friday, as per the latest data Despite an initial setback of $847 million
Blockchain
NFT Sales Slide Continues Amid Record Crypto Volumes, Marking Fourth Week of Decline
Over the past week, sales volume for non-fungible tokens (NFTs) experienced another week-on-week decrease, marking a 1372% reduction This downturn marks the fourth consecutive week of declining NFT
Blockchain
Bitcoin’s Path to Halving — Anticipated Increase in Difficulty Sets Stage
Based on current metrics, the Bitcoin blockchain is set to undergo another difficulty adjustment before the halving, with an anticipated increase of 12% to 216% around April 11, 2024 Following this
Blockchain
Blockchain Space Continues to Evolve Even During Lean Periods, Says Michael Amar
The blockchain and crypto industry has never stood still including during the prolonged lean period known as the crypto winter, asserted Michael Amar, co-founder of the Paris Blockchain Week Summit
Blockchain
Uncomfortable Conversations About Privacy and Security Take the Stage in Amsterdam
PRESS RELEASE Privacy is dead in crypto, people that know, know People who don’t know, should know That’s why CryptoCanal’s ETHDam Conference will gather people from all sides of the blockchain
Blockchain
Zimbabwe’s Central Bank Launches Gold-and Forex-Backed ‘Structured Currency’
The Reserve Bank of Zimbabwe has introduced a foreign exchange and gold-backed “structured currency” to replace the struggling local currency The structured currency banknotes will be
Blockchain
Bitcoin.org Owner Cobra Predicts Next Bitcoin ‘Great Divide’
Cobra, the pseudonymous owner and operator of Bitcoinorg, has predicted the next divide that will plague the Bitcoin ecosystem in the coming times Cobra explained in social media that this conflict
Blockchain
Makerdao Co-Founder Rune Christensen: Defi Frontends Might Need Licenses to Operate in Europe
Rune Christensen, a co-founder of the Makerdao project, has warned about the possible disruptions linked to hypothetical EU-wide requirements for defi fronteds to receive a license for operating
Blockchain
India’s Digital Rupee Expands: Non-Banks to Offer Central Bank Digital Currency Wallets
India’s central bank has announced that it will enable non-bank payment system operators to offer central bank digital currency (CBDC) wallets Noting that “necessary changes will be made