A handful of improving metrics show profit margins slowly improving for Bitcoin miners, but key areas of the sector remain under pressure. Bitcoin’s mining industry has been relatively stable compared to the bearish price action and the tumultuous fallout of exchanges and lending companies.  The network’s hashrate dipped slightly toward the end of 2022, primarily...Continue Reading

Berliners could see the Bitcoin B projected onto the Berliner Fernsehturm tower on January 21. The Bitcoin (BTC) logo lit up the night sky in Berlin this weekend, adorning Germany’s tallest building with a giant orange B. Source: Twitter On January 21, the Bitcoin logo illuminated the Berliner Fernsehturm tower–known as the TV Tower. German...Continue Reading

The rally in stocks could be giving Bitcoin price a boost, and the crypto market could see more fireworks if the Fed confirms investors’ expectation that rate hikes will slow down. Bitcoin’s (BTC) price has risen about 37% year-to-date and is not showing any signs of slowing down. The S&P 500 index (SPX) has also...Continue Reading

Seasoned Bitcoin market participants are anything but willing to take profit, even with the BTC price up 40% in January. Bitcoin (BTC) refused to surrender gains at the Jan. 23 Wall Street open as United States equities opened higher. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Dollar sags as risk assets reject retracement Data from...Continue Reading

ECB board member Fabio Panetta affirms the ECB’s digital euro privacy policy and says the digital currency will never be programmable, but it may have an app. The digital euro, should it come into existence, will preserve the role of the central bank by extending payment options beyond those offered by cash, European Central Bank...Continue Reading

“A VCE’s customer agreement should make clear the parties’ intentions to enter into a custodial relationship, rather than a debtor-creditor relationship,” said the NYDFS. The New York Department of Financial Services, or NYDFS, has released guidelines on how licensed crypto firms should handle customer assets should they face “insolvency or similar proceeding”. In a Jan....Continue Reading

AXS price has formed a “gravestone” doji on its daily chart that coupled with its recent token unlock event hint at a potential bearish reversal ahead. Axie Infinity (AXS) has rallied 135% month-to-date to reach approximately $14 on Jan. 23, its highest level in two months. Nonetheless, the AXS/USD pair could suffer major losses in...Continue Reading

The operation conducted by authorities across Europe and the U.S. resulted in the arrest of 5 individuals linked to the exchange, including Bitzlato founder Anatoly Legkodymov. The European Union Agency for Law Enforcement Cooperation, or Europol, has reported authorities took control of crypto wallets containing more than $19 million in cryptocurrency as part of enforcement...Continue Reading

Bitcoin mining firm Argo regained compliance with Nasdaq’s listing rule, which requires a company to maintain its common stock’s minimum bid price of $1 for 30 consecutive trading days. Amid bullish action on cryptocurrency markets, Bitcoin (BTC) mining firm Argo Blockchain has regained stock listing compliance with Nasdaq. Argo officially announced on Jan. 23 that...Continue Reading

There is yet no opportunity to know whether US dollar-backed stablecoins like USDT or USDC will be allowed in Japan by June 2023, the FSA said. Japan’s new regulations allowing investors to trade using stablecoins like Tether (USDT) are expected to be adopted no later than in June 2023, according to a local financial authority....Continue Reading