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bitcoin, ethereum, btc

Bitcoin and Ethereum are recouping their losses, but the upsides are limited

Bitcoin’s price failed to break into the positive territory, and it continued to fall below USD 35,000. BTC made a low near USD 31,150 after testing the USD 31,000 zone. It is currently correcting higher (04:40 UTC), but bears may remain active near USD 38,000. Similarly, the majority of major altcoins continued to fall. ETH […]

Argentina's Central Bank issued a directive to banks: Give us data on crypto transactions

Argentina’s Central Bank issued a directive to banks: Give us data on crypto transactions

The Argentinian central bank has requested data on transactions conducted by customers it believes are trading in cryptocurrency, with yet another global government reportedly preparing to regulate its crypto users. According to Infobae, Argentina’s central bank, the Banco Central de la Repblica Argentina (BCRA), has also requested data from fintech companies, a move that “many […]

fraudsters

In China, crypto and digital yuan fraudsters are causing havoc

As bitcoin (BTC) prices rise and the rollout of the Chinese central bank digital currency (CBDC) approaches, Chinese media outlets are reporting a sharp increase in bogus crypto, blockchain, and digital yuan-related schemes in the country. According to reports from JRJ and the National Business Daily, unsuspecting investors are putting up as much as USD […]

digital yuan vs usd

China’s Digital Yuan to Target the US Dollar Dominance 

The Central People’s Bank of China (PBoC) has confirmed that it is prepared to take center stage in a “new battlefield” of digital fiat-based competition. Between sovereign countries and claims that its own new token could help break “dollar dominance.” In its digital yuan project, which is already in advanced testing phases. The PBoC has […]

Bitcoin

Bitcoin Mining Difficulty Is Zooming All-Time High, but the Price of BTC Is Moving Faster

After the mining difficulty of the Bitcoin (BTC) has sprung sharply today, mining has become 20 percent more difficult than just before the third BTC halved in May. In the same period of time, however, the price of the most popular cryptocurrency rallied by 27 percent, saving the profit margins of miners. Mining difficulty, or […]

The crypto market sent the price of ethereum classic (ETC) higher in the early hours of Monday (UTC time), despite the news that one of the top 35 crypto networks by market capitalization suffered its third 51% attack in a month.

Ethereum Classic Up by 3% Today After Third 51% Attack In a Month

The crypto market sent ethereum classic (ETC) prices higher in Monday’s early hours (UTC time), amid reports that one of the top 35 market capitalization crypto networks experienced its third 51% attack in a month. ETC trades at USD 6.68 at pixel time (04:46 UTC) and rises by 3% per day, decreasing its weekly losses […]

Here’s How the US-China Tension Could Benefit Bitcoin

Tensions between the US and China have risen in recent weeks. The US economy has declined in response, although some observers say it has also helped drive the bitcoin (BTC) cost lower to just under USD 12,000. While the further deterioration of US-China relations could benefit Bitcoin, figures from the crypto-industry told Cryptonews.com that sanctions […]