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“# Indian INX exchange reportedly plans to list Bitcoin futures ETF ” Despite the ongoing uncertainty about cryptocurrency regulation in India, local financial firms are backing new ventures aiming to launch Bitcoin (BTC) exchange-traded funds (ETF). Torus Kling Blockchain, a joint venture between Cosmea Financial Holding, a financial firm backed by former Reliance Capital CEO…
“# Bitcoin dips below $42K as new forecast says breakout ‘most probable outcome’ for BTC price ” Bitcoin (BTC) returned closer to $40,000 on Thursday as $44,000 resistance proved too much for bulls to overcome. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Buying another dip Data from Cointelegraph Markets Pro and TradingView showed BTC/USD shedding around…
“# Brazilian mayor to reportedly invest 1% of city reserves in Bitcoin ” Eduardo Paes, mayor of Brazilian city Rio de Janeiro, wants to allocate 1% of the city’s treasury into Bitcoin (BTC), Cointelegraph Brazil reported. Paes reportedly announced plans for “Crypto Rio,” or turning the city into a cryptocurrency hub during Rio Innovation Week…
“# University accepts Bitcoin donations to fund crypto-related activities ” Back in October 2021, The Campanile Foundation (TCF), an auxiliary of the San Diego State University (SDSU), accepted its first crypto donation. Now, the university announced that it is welcoming digital currency donations in Bitcoin (BTC) and Ether (ETH). TCF chief financial officer David Fuhriman…
“# 70% of US crypto holders started investing in 2021: Report ” The vast majority of cryptocurrency owners in the United States made its first-ever crypto investments just within last year, according to a new survey. About 70% of crypto hodlers in the U.S. started investing in cryptocurrencies like Bitcoin (BTC) in 2021, according to…
“# Bitcoin hash rate jumps to ATH as Jack Dorsey confirms Block’s mining system ” Bitcoin (BTC) hash rate has returned to all-time highs despite losing a key hash rate contributor. Meanwhile, amid lackluster price action, Block CEO Jack Dorsey confirmed the creation of an open Bitcoin mining system. The BTC space continues to surprise and…
“# North Korean hackers stole $400M in 2021, mostly ETH: Chainalysis ” North Korean crypto hackers siphoned off nearly $400 million in crypto through cyber attacks in 2021 according to new data from Chainalysis. The type of crypto stolen has also seen a sea change according to the Jan. 13 report from the blockchain analytics…
“# Analysts expect turbulent Bitcoin price until $46,500 flips to support ” Market volatility reared its ugly head once again for crypto traders on Jan. 13 as the excitement of Bitcoin (BTC) hitting its highest level in a week was quickly thwarted by a correction that thrust the cryptocurrency back into the mid-$45,000 range. Data…
“#Jack Dorsey looks to give Bitcoin developers a boost with nonprofit” Jack Dorsey says he is planning a nonprofit aimed at paying the legal bills of Bitcoin developers who were sued by an Australian computer scientist who claims to be the founder of the popular cryptocurrency. The former Twitter CEO sent an email on Wednesday…
“# Bitcoin cycle is far from over and miners are in it for the long haul: Fidelity report ” Fidelity Digital Assets — the crypto wing of Fidelity Investments which has $4.2 trillion assets under management–shared their “two sats” on the future of the digital assets space. The key takeaways touched upon miners’ behavior and…