Former CFTC Chair Chris Giancarlo joins Paxos board
Former CFTC Chair J. Christopher Giancarlo founded the Digital Dollar Project and currently works as an advisory board member for the Chamber of Digital Commerce.
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The price of Bitcoin (BTC) declined by 2% in under an hour in a sharp correction on Nov. 2, catching traders off guard. Coincidentally, the CME Bitcoin futures market opened with a new gap, making $13,100 an area of interest for sellers.Three technicals reasons likely fueled the abrupt decline in the price of Bitcoin: CME…
Cloudflare goes down; crypto websites hit
This time it’s not your Wifi that’s the issue. 1946 Total views 18 Total shares Cloudlfare, an internet service provider responsible for various functions, went down Sunday morning, taking down many websites, including some crypto sites.The company confirmed in a tweet it experienced issues around 9:24 am Eastern time caused by a third-party transit provider.…
Colorado accepts tax payments in crypto: Was it just a matter of time?
The governor of Colorado, Jared Polis, announced in February that the state government plans to allow residents to pay taxes in cryptocurrencies as early as the summer of 2022. To some experts, the move is both legitimizing for the crypto asset class and was expected to come in due time. In an interview, Polis said crypto…
Fan tokens: Day trading your favorite sports team
With the pandemic separating fans from their stadiums and sports clubs from their revenues, fan tokens are now big players in the game, helping teams generate revenue and bringing fans together again.Though stadium seats in some countries have been filled with paper cut-outs of fans to present a well-intentioned yet creepy facade of normality during…
UK considers blanket ban on crypto investment cold calls
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Price analysis 3/31: BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK
Following in the footsteps of Morgan Stanley, Goldman Sachs has announced plans to allow its wealth management clients to trade in cryptocurrencies and other digital assets. In an interview with CNBC, Mary Rich, the global head of digital assets for Goldman Sachs private wealth management division, said that the rollout may happen sometime in the…
CleanSpark scoops up 1K+ mining rigs at ‘substantially discounted price’
“We are seeing unprecedented opportunities in this market,” said CleanSpark president and CEO Zach Bradford. 169 Total views 3 Total shares Crypto mining firm CleanSpark announced the purchase of more than 1,000 Bitcoin miners amid the market downturn, reporting a “substantially discounted price” compared to that earlier in 2022.In a Thursday blog spot, CleanSpark said…
Analyst says $42K must hold to keep Bitcoin price from sweeping its swing low
Bitcoin needs to hold $42,000 or it risks sliding as low as $32,000, according to crypto trader Eric Krown. 887 Total views 23 Total shares Bitcoin bulls continued to battle with bears near the $43,000 support level on Sept. 27 as China’s crackdown on all things cryptocurrency put a halt to last week’s positive price…