Despite President Vladimir Putin asking his government and the central bank to hammer out a common regulatory regime for crypto assets instead of a complete ban, no consensus has been reached so far. And now the Bank of Russia has gone ahead to roll out digital ruble trials. The launch is in line with the central bank’s intentions of diving […]

Bitcoin’s hash rate reached a new all-time high despite price corrections. The growth translates to an increase in the security of the network. Bitcoin is up 2.37% in the day and trading above $44k. At the close of the week, Bitcoin’s hashrate reached a new peak. This new metric might be a jaw-dropper considering the lackluster price movements of the […]

Crypto markets have regained vigor with market capitalization reaching a tad below the $2 trillion mark. The global positive sentiment triggered by easing tensions in eastern Europe too helped the digital currencies trod deep into green territory. While Asian equity markets closed mixed, European equity indices are in firm positive territory. American futures too point to positive opening. Bond prices […]

Highly respected equity research analyst and investment strategist Lyn Alden criticized Proof-of-Stake (PoS), and said earlier today that Ethereum’s transition to PoS (which is expected this year) would change it from a commodity to an equity. In a Twitter thread, Alden talked about both Bitcoin, which uses Proof-of-Work (PoW), and Ethereum, which is currently using PoW on the main chain but plans […]

Cryptocurrency prices continued to decline as the tensions surrounding the imminent transition to a tight monetary policy regime was exacerbated with the rising geo-political tensions in Eastern Europe. Equity markets in Europe are in deep negative territory. Negative sentiment drove equity prices in Asia as well. Safe-haven gold has risen around 0.9 percent. Aggregate crypto market capitalization is at $1.87 […]

Highly respected equity research analyst and investment strategist Lyn Alden said in a recent interview that she expects a bumpy year ahead for Bitcoin, with the possibility of a capitulation event.  In a recent interview with Stansberry Research, Alden said that she is “not particularly bullish” on Bitcoin in 2022. Alden is using the Purchasing Managers’ Index (PMI) — “an index of […]

Uber, the largest ride-hailing company globally has confirmed that the firm is open to accepting Bitcoin payments in the future. In a Friday interview on Bloomberg, the company’s C.E.O Dara Khosrowshahi stated that they were actively engaging in discussions around crypto and when time is ripe for them, they would “absolutely” start accepting payments in Bitcoin. “We are having conversations […]

A Maryland resident drugged his own father in order to gain access to his crypto account containing $400,000 in Bitcoin.  According to a report by The Washington Post, Liam Ghershony of Bethesda, Maryland, spiked his father’s tea with a benzodiazepine — a class of depressant often “prescribed to treat conditions such as anxiety, insomnia, and seizures — in order to […]

Uber, the largest ride-hailing company globally has confirmed that the firm is open to accepting Bitcoin payments in the future. In a Friday interview on Bloomberg, the company’s C.E.O Dara Khosrowshahi stated that they were actively engaging in discussions around crypto and when time is ripe for them, they would “absolutely” start accepting payments in Bitcoin. “We are having conversations […]