Fri, January 31

US House of Representatives to Strengthen Their Oversight in Crypto Sector

According to reports, Republicans in the US House of Representatives propose to form a new subcommittee. This is to strengthen their control of the cryptocurrency sector. In an interview on Thursday, incoming Financial Services Chair Patrick McHenry, who has long focused on financial technology issues, asserted that he intends to

January 13, 2023 1 min read

Crypto Market Rallies as U.S CPI For December Falls to 6.5%

The Consumer Price Index for December showed a gain that was in line with expectations, at 6.5%. The December CPI numbers were recently issued by the US Bureau of Labor Statistics. Minutes before the report was released, the cryptocurrency market was modestly positive, with most assets trading in the green.

January 12, 2023 1 min read

El Salvador’s Delegate Represented Bitcoin at Miss Universe

El Salvador’s Miss Universe delegate walks the ramp dressed up as Bitcoin (BTC). The 71st Miss Universe preliminary rounds started on Jan 11th, 2023 in New Orleans. The competition features almost 90 beautiful women from every part of the world. Following the opening night ceremony, the next round of competition

January 12, 2023 2 mins read

El Salvador Passes Legislation Creating Legal Framework For All Crypto

Although substantial use of digital assets already existed in El Salvador. The country’s formal acceptance of a regulatory framework for all cryptocurrencies marks a significant step forward. The legislation was officially enacted today, according to the National Bitcoin Office of El Salvador (ONBTC). In light of its “first-mover advantage.” The

January 12, 2023 1 min read

Investment Management Firm BlackRock Announces Mass Layoff

BlackRock, which manages $10 trillion in assets, is dismissing up to 500 people in a first wave of layoffs since 2019. Even with the layoffs, the company’s worldwide staff of around 18,000 individuals is still very modest. CEO of BlackRock, Larry Fink, wrote a note to workers today announcing the

January 12, 2023 1 min read

Bitcoin (BTC) Trades Above $18K as the Market Turns Green

The crypto market is witnessing bullish trend alarms. And the cryptos are illuminating with green signs everywhere, and the global market value has climbed to 3.87%. Bitcoin, the world’s largest and first cryptocurrency, has broken through numerous critical resistance levels, reaching its highest point since December. And since the beginning

January 12, 2023 2 mins read

‘Running Bitcoin’ Tweet by Developer Hal Finney Completes 14 Years

On January 11, 2009, one of the Bitcoin ecosystem’s early pioneers, Hal Finney, activated a node on his own computer. This day marks the beginning of the Bitcoin era. He made the announcement on Twitter, and the term “Running bitcoin” has subsequently entered popular culture. The genesis block was created

January 11, 2023 1 min read

Grayscale Bitcoin Trust (GBTC) Jumps 12% Despite Ongoing Struggles

On Monday, shares of the struggling Grayscale Bitcoin Trust (GBTC) jumped, bringing the trust’s discount to Bitcoin closer to BTC’s original price. The over-the-counter security saw a price increase of 11.56%, to $9.65, yesterday. As a result, the trust’s discount relative to the NAV of its Bitcoin assets shrank to

January 10, 2023 1 min read

Nepal Issues Notice to ISP’s Towards Ban on Online Crypto Access

There has been a directive from Nepal’s telecoms authority for all ISPs in the nation. To ban access to any and all cryptocurrency trading websites, with legal repercussions for those who don’t comply. The Nepal Telecommunication Authority (NTA) issued a notification on January 8. Instructing Internet service providers (ISPs) and

January 10, 2023 1 min read

Elon Musk Unveils Upcoming UI Modifications of Twitter

Twitter CEO Elon Musk has announced significant upcoming modifications to the service’s user interface (UI). New Twitter capabilities, many of which he revealed, will go out starting next week. Long-form tweets, a bookmark button, and fast swipe navigation between suggested and following content are just some of the new features.

January 9, 2023 1 min read
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