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Bitcoin (BTC) price and the wider crypto market corrected as news of coordinated “international cryptocurrency enforcement action” stirred up uncertainty among traders.  Given the number of black swan events and the proliferation of crypto-oriented scams in 2022, most investors expect United States and global regulators to eventually lay down a strong hammer on centalized exchanges and other businesses connected with the crypto sector. Crypto market daily price action. Source: Coin360 At… Source link

Monero Classic (XMC) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the crypto has lost 3.82% to $0.3909767464. InvestorsObserver is giving Monero Classic a 96 Volatility Rank. Find out what this means to you and get the rest of the rankings on Monero Classic! Highly Volatile InvestorsObserver gives Monero Classic a high volatility rank of 96, placing it in… Source link

Associated Press Justice Dept. charges Russian founder of cryptocurrency firm A Russian national who founded a cryptocurrency exchange that evaded U.S. regulations and became a haven for proceeds of criminal activity has been arrested, federal officials said Wednesday. Anatoly Legkodymov, who lives in China, was arrested Tuesday night in Miami and was due in court on a charge of conducting an unlicensed money transmitting business. Prosecutors allege that Legkodymov’s China-based… Source link

(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

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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

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

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

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

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