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“# Immersive cooling tech could help Bitcoin mining go green by 2030 ” Immersive cooling technology may help with the transition to zero-emission Bitcoin mining Bitcoin Mining Council (BMC) member Hass McCook told Cointelegraph. McCook, known online as Friar Hass, believes the industry is on track to hit the goal by 2030. Immersive cooling involves…
“# More than 40 digital currency ETFs await US regulatory approval ” Fund managers appear to be scrambling to match demand from investors as major cryptocurrencies such as Bitcoin (BTC), and Ethereum (ETH) teeter around record price levels. According to a Bloomberg Terminal screenshot taken by Bloomberg Intelligence analyst James Seyffart, over 40 cryptocurrency exchange-traded…
“# Bitcoin hodling rate reaches 9-month high, boosting hopes of ‘bull flag’ rally to $70K ” A yearlong price rally in the Bitcoin (BTC) market and hopes for more upside moves in the future has prompted traders to hold the token instead of trading it for other assets, Glassnode data shows. The blockchain data analytics…
“# Indian government is reportedly considering regulating crypto as a commodity ” The Indian government may be looking into establishing a legal framework for crypto as early as February based on digital currencies as an “asset.” According to an Oct. 26 report from Indian news outlet Business Today, officials with the country’s Finance Ministry said…
“# Is Bitcoin price mimicking the 2017 bull run? Find out on The Market Report with ETF expert Eric Balchunas ” 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…
“# FATF includes DeFi in guidance for crypto service providers ” Decentralized finance, or DeFi, continues driving more interest from regulators and is becoming a part of the major international rules designed for virtual asset service providers, or VASPs. On Thursday, the Financial Action Task Force, or FATF, issued a new update to its 2019 guidance…
“# Bitcoin hodlers ‘only halfway’ to selling BTC after new $500K price prediction ” Bitcoin (BTC) investors will resist selling their coins a lot longer and the bull run will continue, new analysis believes. In a Twitter debate on Oct. 28, data analyst Mitch Klee delivered fresh evidence that the current bull run is only…
“# Crypto exchange Bitfinex testing new AML compliance tool ” Cryptocurrency exchanges Bitfinex is preparing to test out a new Anti-Money Laundering (AML) tool on its platform. The firm announced Wednesday that it will be testing a new solution designed for complying with the “Travel Rule,” an AML/Counter Financing of Terrorism regulation for financial institutions introduced…
“# Wharton accepts crypto payments for blockchain program tuition fees ” Crypto adoption scores another win with the Ivy League University of Pennsylvania, but there’s a catch. The Wharton School, one of the premier business schools in the United States, will accept Bitcoin (BTC) and other forms of cryptocurrencies for tuition fees, Bloomberg reports. However, the adoption…
“# Bitcoin suddenly passes $61K as a $1.7K hourly candle fuels BTC bulls ” Bitcoin (BTC) delivered another classic surge during Oct. 28 as bulls enjoyed a $1,700 hourly candle. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin suddenly abandons the bears Data from Cointelegraph Markets Pro and TradingView showed BTC/USD breaking back above $60,000 after…