Fri, January 31

Ark Invest Offloads 500,000 Grayscale Bitcoin Trust (GBTC) Shares

Cathie Wood’s Ark Invest offloaded a piece of its Grayscale Bitcoin Trust (GBTC) shares since November’s Bitcoin price lows, the latest data indicates. During the month of November 2022, Ark Invest increased the value of the ARK Next Generation Internet ETF (ARKW) by $4.5 million by purchasing 450,272 GBTC shares.

January 23, 2023 1 min read

Cumulus Data to Launch Nuclear-Powered Bitcoin Mining Center

Bitcoin’s popularity has skyrocketed, and it shows no signs of slowing down. Bitcoin mining activities will soon be started in the United States’ first data center fueled entirely by nuclear energy. A report claims that Cumulus Data, a subsidiary of independent power producer Talen Energy and a developer of zero-carbon

January 23, 2023 1 min read

BI Rescues Suspected Victims of Cryptocurrency Trafficking Ring

According to reports, the Travel Control and Enforcement Unit (TCEU) of the Philippine Bureau of Immigration (BI) reported on Friday that it has rescued six suspected victims of a cryptocurrency trafficking ring. The passengers were about to board a Jetstar flight to Phnom Penh on January 15 when they approached

January 23, 2023 1 min read

Central African Republic Working on Legal Framework For Cryptocurrencies

A 15-person committee was established in the Central African Republic (CAR). A developing nation in Central Africa, to create legislation regulating the usage of cryptocurrencies. And tokenization in the country and the region. The president of the Central African Republic, Faustin-Archange Touadéra, has said that he believes cryptocurrency will play

January 23, 2023 1 min read

Bitcoin (BTC) Surges by 10% to Attain 23K Price Level

The world’s most prominent cryptocurrency Bitcoin (BTC) kicks off the new year by retaining its bullish momentum. BTC peaking at over $23,000 price range, the first milestone since early August. Last weekend, Bitcoin began to show a positive trend, reaching a high of $19,942 before resting in the $18,000–$17,000 region. 

January 23, 2023 2 mins read

Russia-linked Darknet Market Solaris Hacked as per Elliptic

An organization called Kraken, not to be confused with the well-known cryptocurrency exchange of the same name, has hacked into Solaris, a major marketplace for narcotics and other illegal items. Solaris reportedly gained between 20% and 25% market share after authorities shut down Hydra, the prior leader in this sector,

January 22, 2023 1 min read

Ransomware Payments Down by 40% in 2022 as per Chainalysis Report

As reported by blockchain forensics company Chainalysis, ransomware payments have decreased by 40.58 percent. Chainalysis claims in a research published on Thursday that ransomware attackers stole at least $456.8 million in 2022, down from the $765.6 million they stole in 2021. Criminals that deploy ransomware demanding Bitcoin or other cryptocurrencies

January 22, 2023 1 min read

Elon Musk Announces New Blue Subscription With Zero Ads

Elon Musk, who purchased Twitter last year, said on Saturday that the microblogging service will soon begin offering a new, higher-cost, Blue membership that would do away with adverts. Though this feature has not yet been released. Verified users get 50% less ads than non-verified individuals on Twitter Blue, which

January 22, 2023 1 min read

Bitcoin Price Upsurge as RSI Matches 2018 Market Trend

Bitcoin is poised for significant growth in the market as conditions replicate those seen after the hard-hitting bear market of 2018. Drawing from the newest study, BTC/USD looks set to advance with its Relative Strength Index suggesting a bullish outlook following a brief amount of adjustment. According to crypto dealer

January 22, 2023 2 mins read

JPMorgan CEO Criticizes Bitcoin and Casts Doubts on Its 21M Cap

JPMorgan Chase CEO Jamie Dimon expressed his doubts about bitcoin once again in an interview with CNBC on Thursday. The JPMorgan executive said, “Bitcoin itself is a hyped-up fraud. It’s a pet rock.” Dimon on the recent FTX fall stated: “I’m not surprised at all. I call them a decentralized

January 21, 2023 1 min read
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