Despite the threat of Bitcoin hitting $18,000 for the first time since mid-December, Coinshares analysis says that there is only “minor negative sentiment” in the crypto markets. Bitcoin Price Chart (Source: CoinMarketCap) Notably, Bitcoin outflows were just $6.5 million, which indicates that sentiment is “remaining negative.”. According to Coinshares’ recent
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
On Wednesday, the U.S. Securities and Exchange Commission (SEC) said that it has filed charges against the eight people involved in the $45 million cryptocurrency Ponzi scam Coindeal. The securities commission described Coindeal as a blatant and far-reaching unregistered offering scam undertaken between at least 2018 and 2022. It was
From December forward, hackers blocked access to the digital medical records of the Saint Gheorghe Recovery Hospital in Botoşani, Northeastern Romania. And demanded payment in crypto for unlocking them. Local news source Monitorul de Botoşani claimed on Tuesday, citing the English-language website Romania Insider, that hackers had compromised the servers,
Cryptocurrency miners in Kazakhstan have been subject to a progressive scale. For the calculation of their monthly power fees as of January 1. The first universal fee, implemented in the summer of 2021, was 1 Kazakhstani tenge ($0.002) per kilowatt-hour (kWh). But it may currently exceed 25 tenge (above $0.05).
This first week of 2023 has been particularly intense for Bitcoin’s computing power, as it set a new milestone and ushered in the year by shattering its previous high point. On 7 January, Bitcoin’s hashrate was reported to be 290 EH/s, having already reached an ATH the day before. ATH
The U.S. jobless rate reportedly hit a 50-year low of 3.5% in December. Predictions anticipated it maintaining its pre-recession high of 3.7%, so this is a decrease from that. But, hiring slowed quite a little as the year came to a close. Even if the job outlook is bright according
The Iranian government’s OCSSOP is giving back some of the mining hardware it confiscated during raids on underground cryptocurrency operations. According to the Financial Tribune, the Iranian courts issued the ruling. The country’s Ministry of Economic Affairs and Finance cited the organization’s chairman, Abdolmajid Eshtehadi as saying: “Currently, some 150,000
The governor of Morocco’s central bank, also known as Bank Al-Maghrib (BAM), Abdellatif Jouahiri, has said that the country’s proposed bill on cryptocurrency is complete and would soon be given to interested parties. Jouahiri, purportedly speaking at a news conference. Stressed that the proposed law’s goal is to safeguard investors
The global cryptocurrency market currently signals a bullish outlook. Due to the markets’ sudden “green turn,” the leading cryptocurrencies are witnessing a positive price momentum, with their values increasing during the last 24 hours. According to CoinMarketCap (CMC), the market’s dominant cryptocurrency, Bitcoin (BTC), is currently trading at around $16,733.30
