Bitcoin, gold and silver are in a strong bull market: Veteran trader explains why
1971 Capital chief investment officer Brian Russ says Ethereum is undervalued and that Bitcoin, gold and silver are in a long bull market.
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Bitcoin Community Celebrates as Twitter CEO Joins Lightning Network Relay
Twitter co-founder and CEO Jack Dorsey has joined a community project demonstrating the functionality of Bitcoin’s (BTC) second-layer scaling protocol, the Lightning Network (LN), on Feb. 5.Dorsey, who has repeatedly pledged his faith in Bitcoin becoming the de facto currency of the internet, is now participating in an experiment dubbed LN Trust Chain, a chain…

Bitcoin Price Will ‘Explode’ Says Trader if BTC Breaches $13,000
The changing distribution of open interest is “wildly bullish,” one crypto fund manager says as John Bollinger says the price rally is “picture perfect.” Bitcoin (BTC) will “explode” in price once it hits $13,000, one trader believes as Bitcoin futures trade at 6% above spot price.In a tweet on Aug. 18, the derivatives trader JSterz…

The Company Behind Zcash Announces Proposed Solution to Trusted Setup
Electric Coin Company (ECC), which launched and supports the development of privacy-coin Zcash recently published a paper called: Halo: Recursive Proof Composition without a Trusted Setup.On Sept. 10, ECC announced in a blog post that engineer and cryptographer Sean Bowe had discovered a way of “creating practical, scalable and trustless cryptographic proving” techniques, which claims…

Apple, Nvidia among prospective investors in OpenAI’s multibillion-dollar fundraising
Tech giants such as Apple, Nvidia and Microsoft are investing in OpenAI’s upcoming funding round, which could raise its valuation to over $100 billion.

BIS Innovation Hub partners with Fed to support analysis of digital assets
Jerome Powell cited CBDCs and digital assets in his speech to open the New York Innovation Center at the Federal Reserve’s local offices. 462 Total views 8 Total shares The Federal Reserve Bank of New York has announced it will be partnering with the Bank for International Settlements Innovation Hub as part of the launch…

Japan’s Metaplanet plans 1B yen bond sale to buy more Bitcoin
If it could buy the Bitcoin today, Metaplanet’s total Bitcoin holdings would be 241 Bitcoin, worth around $15 million.

Iranian government to cut power supply for the country’s legal crypto mining rigs
For years, the country has heavily subsidized its electricity production leading to extremely low prices. It claims that this has now become unsustainable. 173 Total views 3 Total shares According to local news outlet Arz Digital, the day prior, Rajabi Mashhadi, a spokesperson for Iran's Ministry of Energy, said that the entity would be cutting…

Dubai crypto regulator suspends BitOasis crypto exchange license
BitOasis was the first crypto exchange to get an operational license in Dubai, which has now been suspended by the local regulator for not meeting key conditions in time. Dubai’s cryptocurrency regulator has suspended the license of crypto exchange BitOasis for not meeting mandated conditions within the timeframes set out by the authority.On July 10,…