(Copyright 2022 The Associated Press. All Rights Reserved.) Sign up to our Evening Headlines email for your daily guide to the latest news Sign up to our free US Evening Headlines email The US Justice Department issued a vague statement on Wednesday that it would “announce a major, international cryptocurrency enforcement action,” and noting that the US Treasury Department would also be making its own statement. “The U.S. Department of the Treasury will also announce an action in this… Source link
Read More »Monthly Archives: January 2023
Bitcoin Tumbles From Multi-Month High on DOJ Worry, Hawkish Fed – CoinDesk
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link
Read More »Bitcoin sees new 4-month high as US PPI, retail data posts ‘big misses’
Bitcoin (BTC) set yet another multi-month high before the Jan. 18 Wall Street open as United States macroeconomic data fell far wide of expectations. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView U.S. PPI numbers fall wide of the mark Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking to $21,646 on Bitstamp. A subsequent correction saw the pair moving around $21,400 at the time of writing, with U.S. stocks reacting to surprise data surrounding economic… Source link
Read More »Monero: With a wobbling hashrate, what does the future hold for XMR
Monero’s hashrate faltered drastically in a matter of hours until press time. XMR was overbought, but the ADX trend could keep it in the green direction. Information from 2Miners.com revealed that the hashrate of Monero [XMR] had faltered at the time of writing. The hashrate measures the security and health of a blockchain network. So, Monero’s floundering hashrate signaled a threat to the security of the private blockchain. Source: 2Miners How many are 1,10,100 XMRs… Source link
Read More »Monero: With a wobbling hashrate, what does the future hold for XMR
Monero’s hashrate faltered drastically in a matter of hours until press time. XMR was overbought, but the ADX trend could keep it in the green direction. Information from 2Miners.com revealed that the hashrate of Monero [XMR] had faltered at the time of writing. The hashrate measures the security and health of a blockchain network. So, Monero’s floundering hashrate signaled a threat to the security of the private blockchain. Source: 2Miners How many are 1,10,100 XMRs… Source link
Read More »Vortex Brands to Expand Bitcoin Mining Operation
DENVER, Jan. 18, 2023 /PRNewswire/ — Vortex Brands Co. (OTC: VTXB) announces that the company is currently is currently working with its hosting partners about availability and start dates for additional bitcoin mining equipment to expand its current bitcoin mining operation. The price of mining equipment has dropped in recent months as a result of the drop in the price of bitcoin. When Bitcoin first was launched, mining was a race to constantly upgrade to the newest hardware. However, the… Source link
Read More »Bitcoin's Rally Just Keeps Going. Pay Attention to This Number. – Barron's
Bitcoin and other cryptocurrencies were holding on to big gains on Wednesday amid the best winning streak for digital assets in years. But there remains a big hurdle for prices if crypto is to really crawl out of this ferocious bear market. The price of Bitcoin rose less than 1% over the past 24 hours to $21,200. The largest digital asset has soared over the past week, marching out of its previous range of $16,500 to $17,000 to… Source link
Read More »DCG Suspends Dividends Until Further Notice; Anthony Scaramucci on FTX Fallout, Bitcoin Outlook | First Mover Video
Emily Parker is CoinDesk’s executive director of global content. Previously, Emily was a member of the Policy Planning staff at the U.S. State Department, where she advised on Internet freedom and digital diplomacy. Emily was a writer/editor at The Wall Street Journal and an editor at The New York Times. She is the co-founder of LongHash, a blockchain startup that focuses on Asian markets. She is the author of “Now I Know Who My Comrades Are: Voices From the Internet Underground” (Farrar,… Source link
Read More »Crypto miner explains how Bitcoin mining stabilizes grids
2022 was “the perfect storm” for Bitcoin (BTC) miners, according to Jaime Leverton, CEO of Hut8 mining, one of the largest crypto miners and digital asset experts in the space. Leverton sat down with Gareth Jenkinson, senior reporter at Cointelegraph, in an interview at the World Economic Forum in Davos, Switzerland. Topics included were the 2022 bear market, Web3 diversification and, crucially, Bitcoin’s growing positive impact on the environment and broader economy. Leverton shared… Source link
Read More »Heather Morgan, crypto rapper ‘Razzlekhan,’ lands NYC tech job
The accused crypto burglar and rapper who dubs herself “The Crocodile of Wall Street” and “Razzlekhan” has landed a job with a tech company — even though she’s under house arrest for allegedly orchestrating a scheme to launder $4.5 billion of stolen bitcoin. Heather Morgan, 31, is now employed by an unknown tech firm despite the legal peril she and her husband, Ilya Lichtenstein, face over accusations they attempted to launder 119,754 bitcoin that they… Source link
Read More »