Cryptocurrency News

14,000 BTC Transferred as Record High since 2021 due to ‘Miner Capitulation’

14,000 BTC Transferred as Record High since 2021 due to ‘Miner Capitulation’

[ad_1] According to data from blockchain analytics firm CryptoQuant, bitcoin miners have transferred 14,000 bitcoins over the past few weeks. Bitcoin was trading around $23,448.55, up about 7.5% over the past 24 hours as for time writing. At the current price, a total of $328,839,700 has been transferred from the miners’ wallets. This was the

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SkyBridge Capital suspends funds withdrawal

SkyBridge Capital suspends funds withdrawal

[ad_1] The cryptocurrency and stock market had had a meltdown as the Federal Reserve raises interest rates to combat the rising inflation. As a result, several companies/firms have experienced financial instability with SkyBridge Capital being the most recent victim; something that has forced it to suspend the withdrawals. The current situation within the financial market

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US senator blasts SEC for non-judicial actions against crypto companies

US senator blasts SEC for non-judicial actions against crypto companies

[ad_1] Tom Emmer, the Republican Senator from Minnesota, has become the latest politician to blast the United States Securities and Exchange Commission (SEC) for its unethical actions against crypto companies. Emmer posted a video on Tuesday showing his conversation at the House Committee on Financial Services, where he accused the SEC of politicizing regulations. He

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Security Service of Ukraine Shuts Down Crypto Mining Farm Near Front Line in Kharkiv – Mining Bitcoin News

Security Service of Ukraine Shuts Down Crypto Mining Farm Near Front Line in Kharkiv – Mining Bitcoin News

[ad_1] Ukraine’s main law enforcement agency has busted an illegal facility mining cryptocurrencies in the Kharkiv region. The operators of the crypto farm have been minting coins using large amounts of stolen electricity, threatening energy supply to critical infrastructure, the agency said. Illegal Mining Farm Discovered in War-Torn Kharkiv Region Officers from the Security Service

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Cardano Broke Past This Important Level, Is The Coin Anticipating A Correction?

Cardano Broke Past This Important Level, Is The Coin Anticipating A Correction?

[ad_1] Cardano has been on a bullish run and it managed to cruise past the crucial resistance mark. Over the last week, ADA surged by almost 20%. The altcoin has been moving up in an ascending trendline over the last 24 hours. Currently, the altcoin has steadied on the $0.47 support line. Now Cardano has

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Firms Allowed to Regroup under Chap.11 of US Bankruptcy Code, Says Ex-CFTC Chair

Firms Allowed to Regroup under Chap.11 of US Bankruptcy Code, Says Ex-CFTC Chair

[ad_1] Celsius Network’s repayment options to creditors suggest either accept “cash at a discount” or remain long-term crypto holders, but this is yet to be decided as the crypto lender’s bankruptcy case carries on. Celsius filed for court protection against bankruptcy last week. The crypto lender’s case involves billions of dollars of customers’ assets tied

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What are crypto faucets and how do they work?

What are crypto faucets and how do they work?

[ad_1] On blockchains like the Ethereum Mainnet, fees represented in the blockchain’s cryptocurrency units must be paid for transactions to be performed and recorded. From exchanges, one can purchase Ether (ETH), the native cryptocurrency of the Ethereum blockchain, and pay the transaction costs. However, alternative Ether distribution mechanisms are utilized on test networks like Rinkeby

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Gemini Approved as a Virtual Asset Service Provider in Ireland

Gemini Approved as a Virtual Asset Service Provider in Ireland

[ad_1] Gemini cryptocurrency exchange has been registered as a Virtual Asset Service Provider (VASP) in Ireland. The approval was provided by the central bank of Ireland. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments. Gemini is the

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Digital Token Issued In Russia to Facilitate Investments in Palladium – Bitcoin News

Digital Token Issued In Russia to Facilitate Investments in Palladium – Bitcoin News

[ad_1] Transactions with digital assets backed by precious metals are beginning in Russia with the launch of a token for palladium. The rare metal, which is used in jewelry and has some high-tech applications, is not a publicly available asset in the Russian Federation. Atomyze and Rosbank Issue Digital Token for Palladium The Russian unit

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