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“# VORTECS™ Spotlight: Fantom’s 500%+ rally was signalled by this key trading metric ” Fantom’s FTM asset has been one of the top trending tokens of the week, and it barely noticed Bitcoin’s (BTC) midweek swoon that halted many altcoin rallies. Despite Bitcoin’s price dropping below $43,000, FTM has added 114% in U.S. dollar terms…
“# Government employee accused of mining crypto at public’s expense ” An information technology operations supervisor at the Suffolk County clerk’s office in New York, Christopher Naples allegedly harnessed his position to place crypto mining equipment in various spots at the Riverhead Center in the New York county in which he worked. Naples allegedly set…
“# NFT sales and floor prices plummet as demand wanes and gas prices soar ” The nonfungible token (NFT) sector has seen an explosion of interest all throughout 2021 and the month of August witnessed record-breaking trading volumes as one-of-a-kind digital collectibles sold for prices in excess of $1 million dollars on a regular basis. As…
“# BTC price crash: Why did it happen? Join Sam Bankman-Fried live on ‘The Market Report’ ” “The Market Report” with Cointelegraph is live right now! Tune in to watch Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Yashu Gola. Today’s menu: the dramatic Bitcoin (BTC) price flash crash to…
“# Mastercard acquires major crypto forensics outfit CipherTrace ” Mastercard’s focus on crypto and digital currencies appears to have taken a greater dimension given the company’s recent move. According to a release on Thursday, the global payments giant has reached an agreement to acquire CipherTrace, a blockchain intelligence firm with crypto forensics capabilities for over…
“# US crypto exchange CrossTower expands to India ” United States-based cryptocurrency exchange CrossTower is expanding operations to India despite the ongoing legal uncertainty over local crypto regulation. CrossTower has set up a local division in India and launched a cryptocurrency trading platform to capture the growing multi-billion dollar market, Reuters reported Sept. 6. CrossTower…
“# As Bitcoin debuts in El Salvador, Honduras and Guatemala study CBDCs ” Two Central American countries, Honduras and Guatemala, are taking a cue from their common neighbor’s adoption of Bitcoin (BTC), but they are taking a very different road. Instead of embracing an existing cryptocurrency as a legal tender, like what El Salvador did,…
“# Insiders sold Microstrategy stock after Bitcoin’s bull run ” Virginia-based enterprise software company Microstrategy has captured the attention of crypto and financial news outlets alike with its CEO’s atypical strategy of going all-in on Bitcoin, beginning in 2020, with some reporters quipping that the company has since morphed into something closer to a Bitcoin…
“# El Salvador adoption a ‘coming of age’ for Bitcoin, says Fidelity exec ” El Salvador’s adoption of Bitcoin (BTC) as legal tender is widely celebrated across the crypto ecosystem, but one expert believes the importance of the rollout was a little bit exaggerated. Speaking to CNBC, Fidelity Investments director Jurrien Timmer said that the significance…
“# Russian Duma wants to regulate crypto mining as business ” As Russian cryptocurrency advocates are working to attract global crypto mining operators, local lawmakers have gotten more serious about regulating the industry. Anatoly Aksakov, chairman of the Russian State Duma Committee on Financial Markets, claimed that Russian lawmakers are now considering recognizing the crypto…