Bitcoin price consolidation at $27,000 sparks speculation of imminent BTC breakout
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Bitcoin Depot says SPAC merger will continue as planned after solid revenue growth
The firm's revenue increased by 25.25% to $497.2 million in the first nine months of 2022. Own this piece of crypto history Collect this article as NFTAccording to a new filing with the U.S. Securities and Exchange Commission on Dec. 1, crypto ATM operator Bitcoin Depot said it "remains on track to complete its previously…

Top 5 cryptocurrencies to watch this week: BTC, XRP, ADA, XMR, ATOM
In the past three years the U.S. Securities and Exchange Commission has shot down several applications for a Bitcoin (BTC) exchange-traded fund. This dashed hopes of many investors who believed Bitcoin price would rally higher if an EFT was approved. Although investors no longer pin BTC’s future on the existence of an ETF, regulators could eventually…

Axie Infinity’s play-to-earn ‘scheme’ alarms Phillippine National Police
Playing crypto games can be riskier than investing in cryptocurrencies, according to the Filipino ACG, considering the ease with which gamers can lose their digital tokens and NFTs. 82 Total views 2 Total shares The Philippine National Police Anti-Cybercrime Group (PNP ACG) scrutinized some of the models used by cryptocurrency games, warning Filipino citizens against…

UK Law Commission recommends ‘distinct’ legal category for crypto
The U.K.’s Law Commission highlights four major recommendations to reform laws relating to cryptocurrency use and ownership. The United Kingdom’s Law Commission is pushing for the creation of a ‘distinct’ category of personal property to accommodate and protect unique features of cryptocurrencies and digital assets.The body made the recommendation alongside three other key points following…

Alleged crypto-Ponzi operator arrested after failed sea-scooter escape
The alleged ringleader of a Ponzi scheme that solicited $35 million for crypto mining and other investments has been arrested after attempting to flee FBI agents using a “sea scooter.” Matthew Piercey, the accused operator of two fraudulent firms that solicited tens of million to ostensibly invest in cryptocurrency mining, life insurance, and other assets,…

Crypto adoption in Ireland down over 16% in the last year
Adults in Ireland have become slightly less interested in crypto with a drop in ownership from 12% to 10% in the last year. 307 Total views 15 Total shares The number of crypto investors in Ireland has decreased slightly in the past year, or so it appears according to recent data from Finder.com. The report revealed…

Swedish Riksbank report looks at collaboration with potential e-krona in retail payments
The Swedish central bank’s third report on a potential CBDC raised several issues while focusing on a rather narrow question. 132 Total views 27 Total shares Own this piece of history Collect this article as an NFTSweden's central bank Riksbank has released a report detailing the third phase of its central bank digital currency (CBDC)…

Bitcoin Price Rallies 5.5% to $8K – Is $8.2K the Next Stop?
On Monday during the U.S. evening trading session, Bitcoin (BTC) price continued its rally from $7,358 and at the time of writing the price pushed as high as $8,000. For the past week, traders have been closely watching to see if Bitcoin could flip $7,450 from a resistance to support and many suggested that sustained…