Bitcoin Financial News
09.12 / 22:45
BTC
AXY
Infinity
Bitcoin
Will Axie Infinity’s fundamental demand aid its stride to the top on its price chart
The year 2021 has been quite phenomenal for Axie Infinity. On 1 January, this gaming token was merely valued at half a dollar. Fast forward to December, AXS has appreciated by more than 250 times.
09.12 / 21:54
Blockchain
Provident
Bitcoin
Why the Advent of EURST Stablecoin Matters for the Crypto Market
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
09.12 / 21:37
business
Investments
Bitcoin
MicroStrategy purchases $82M in Bitcoin, now holds 122,478 coins
Business intelligence firm MicroStrategy has added 1,434 Bitcoin to its coffers after purchasing the crypto asset at an average price of $57,477.
09.12 / 21:25
UPS
BLOCK
Tesla
Bitcoin
The Crypto Green Revolution with EnergyFi
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
09.12 / 21:05
Mining
Ban
Bitcoin
Hashrate
recovery
Bitcoin Hashrate Close to Full Recovery After China’s Mining Ban
The hashrate, or the computational power of the Bitcoin (BTC) network is close to a full recovery after a massive migration of miners out of China following a ban on mining and other crypto-related activities there in May this year.
09.12 / 20:17
Ethereum
defi
Metaverse
Bitcoin
consolidation
Bitcoin continues consolidation: Are we still in a bull market? | Tune in now to The Market Report w/ Ran Neuner
Join Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman as they break down the latest news in the markets this week. Here’s what to expect in this week’s markets news breakdown:
09.12 / 19:22
Government
Congress
Bitcoin
lawmaker
US lawmaker purchases exposure to Bitcoin through Grayscale shares
Illinois Representative Marie Newman has disclosed she purchased up to $50,000 in exposure to crypto through shares of Grayscale Bitcoin Trust.
09.12 / 19:14
Blockchain
cryptocurrency
Money
Bitcoin
Computer scientist claiming to be Bitcoin creator Satoshi Nakamoto wins $50bn crypto dispute
Craig Wright, a computer scientist who claims to be the inventor of Bitcoin, prevailed in a civil trial verdict on Monday against the family of a deceased business partner that claimed it was owed half of a cryptocurrency fortune worth tens of billions.
09.12 / 18:29
Provident
Citizens
Bitcoin
Report reveals India may restrict exchange-to-exchange transfers, introduce crypto wallet
India is set to soon introduce its revised crypto bill in the ongoing Winter Session of the Parliament. Meanwhile, there is a lot of chatter as to what that bill will incorporate. As per a local source-based report, the bill might restrict crypto exchange-to-exchange transfers.
09.12 / 16:35
Investing
MicroStrategy
Bitcoin
MicroStrategy Spends Another USD 82m on Bitcoin
The US-based business software firm MicroStrategy has bought an additional 1,434 bitcoin (BTC), bringing its total stash to BTC 122,478 (USD 6bn), the company’s CEO, Michael Saylor said.
09.12 / 16:21
markets
Gold
Bitcoin
Bitcoin Price
analyst
Bitcoin could hit $100K, gold $2K in 2022 thanks to 'deflationary forces' — Bloomberg analyst
$100,000 Bitcoin (BTC) and $2,000 gold could greet 2022 as global markets face “deflationary forces,” says Bloomberg Intelligence.
09.12 / 16:19
stocks
Real Estate
Bitcoin
Bitcoin, Stocks Largely Unmoved as China Evergrande is Declared in Default
The price of bitcoin (BTC) and US stock futures are largely unmoved today after the expected news broke that Chinese property development giant Evergrande for the first time has failed to pay off a US dollar-denominated debt obligation.
09.12 / 15:29
Government
Adoption
Bitcoin
Kazakhstan to decide whether to launch CBDC by late 2022
Kazakhstan, one of the world’s largest countries in terms of Bitcoin (BTC) mining hash power, is continuing to explore a potential central bank digital currency (CBDC).
09.12 / 13:53
markets
Ethereum
Bitcoin
Bitcoin Price
Bitcoin dips below $50K as Evergrande defaults on US dollar debt
Bitcoin (BTC) kept $50,000 as a focus on Dec. 9 as consolidation on BTC/USD continued to avoid last week’s lows.
09.12 / 13:23
Digital
VISA
Bitcoin
Financial
Visa Launches Crypto Advisory Service For Financial Institutions, Merchants
Visa Inc, the world's largest payment processor, on Wednesday launched a global crypto advisory service for clients such as banks and also merchants, as the adoption of digital currencies gains steam.
09.12 / 13:01
business
regulation
Bitcoin
Indian
Indian CoinDCX crypto exchange to go global in 2022, says exec
Ongoing uncertainty around cryptocurrency regulation in India isn't stopping domestic crypto companies from launching global offerings.
09.12 / 13:01
Blockchain
data
Bitcoin
Time
Returns
Bitcoin hash rate returns to all-time high levels
The global hash rate of the Bitcoin network tanked to as low as 84 exahashes per second (EH/s) at the start of June following the Chinese government’s crackdown on the crypto mining sector.
09.12 / 12:23
cryptocurrency
coinbase
Legal
Bitcoin
US court
rights
audit
US Court Hints IRS May Have Violated Coinbase User’s Privacy Rights in Tax Audit
An American bitcoin (BTC) owner attempting to fight the Internal Revenue Service over the seizure of his data from the Coinbase trading platform could be given the chance to challenge the tax body over the controversial move.
09.12 / 12:09
Government
Blockchain
Law
Bitcoin
Puerto Rico wants to combat corruption with blockchain technology
Following another corruption scandal, the government of Puerto Rico is reportedly seeking to improve its anti-corruption efforts by adopting blockchain technology.
09.12 / 11:21
cryptocurrency
Money
Bitcoin
Allowing cryptocurrency may erode central bank's control over money supply: Former RBI Guv Duvvuri Subbarao
Former Reserve Bank of India Governor Duvvuri Subbarao has said the central bank could lose control over money supply and inflation management if cryptocurrency is allowed in the country.
09.12 / 10:21
Provident
Digital
LSE
London Stock Exchange
Bitcoin
Former LSE boss Xavier Rolet calls for global digital currency
Global exchanges should be working to provide a safe and regulated alternative to private cryptocurrencies, the former boss of the London Stock Exchange said, as demand for bitcoin and other digital assets continues to grow.
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