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RCMP asks crypto exchanges to halt trading for wallets connected to truck convoy protests

As reported by Canadian news outlet The Globe and Mail, the Royal Canadian Mounted Police (Canada’s federal police force) sent letters to several cryptocurrency exchanges demanding that they “cease facilitating any transactions” with more than 30 specific cryptocurrency wallet addresses linked to the ongoing truck protests in the country. The letter writes: “Any information about…
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Price analysis 2/16: BTC, ETH, BNB, XRP, ADA, SOL, AVAX, LUNA, DOGE, DOT

BTC price is faltering right at the 61.8% Fibonacci Retracement level, triggering a slight pullback in altcoins and sapping the momentum out of this week’s initial breakout to $45,000. Source link

Here’s how two 2012 memos can turn the tide in the milestone crypto case

Ripple’s court battle with the United States Securities and Exchange Commission has recently seen new developments that, according to some observers, could foreshadow an impending resolution of this massively consequential case. Feb. 17 marks the deadline for Ripple to unseal a series of 2012 documents whose contents will likely sway the opinions of both the…
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Not taking the time to learn about BTC is ‘Europe’s biggest risk,’ says Belgian MP

Christophe De Beukelaer is the first European politician to convert his entire salary to Bitcoin. He kicked off 2022 with the bold move, hoping to raise awareness about Bitcoin and alternative monetary models, financial education and to get people talking. De Beukelaer first got into Bitcoin and blockchain in 2017, and foresees a future in…
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Fidelity International launches Bitcoin ETP on Deutsche Boerse

Major financial services firm Fidelity International will be listing a Bitcoin exchange-traded product on the SIX Swiss Exchange and Germany’s Xetra digital stock exchange. According to a Tuesday announcement from Deutsche Boerse, a physical Bitcoin exchange-traded product, or ETP, from Fidelity International is now available for trading on the Deutsche Boerse Xetra and Frankfurt Stock…
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Colorado governor says he expects state to accept tax payments in crypto by summer

Jared Polis, the governor of Colorado, has announced that the state government plans to allow residents to pay taxes in cryptocurrencies as early as summer 2022. In a Tuesday CNBC interview, Polis said crypto holders in Colorado could have the option of sending tax payments in digital currency, which the state would then convert back…
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Bitcoin dips before Fed rate hike cues amid warning over $9T balance sheet

Bitcoin (BTC) fell into the Wall Street open on Feb. 16 as markets held their breath over upcoming comments from the United States Federal Reserve.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: Chop then breakout “makes sense” for Bitcoin Data from Cointelegraph Markets Pro and TradingView tracked a swift decline for BTC/USD around the start…
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Making sense of the Bitfinex Bitcoin billions

It’s the Netflix script that wrote itself. A story so outlandish, it’s stunned the crypto community; an industry accustomed to apparent suicides in Spanish jail cells and nonfungible token auctions for dead rappers. The plot involves the United States Department of Justice (DoJ), a crypto exchange with a checkered history, a rapper-cum-Forbes magazine writer, a…
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Banning Bitcoin in Russia is ‘same as banning the internet,’ minister says

Banning cryptocurrencies like Bitcoin (BTC) is impossible, Russia’s finance minister Anton Siluanov declared as the Bank of Russia keeps calling on the state to ban crypto in the country. Placing a ban on crypto in Russia is the “same as banning the internet, which is impossible,” Siluanov declared at the ministry’s briefing with the central…
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This Bitcoin price fractal from 2018 could trap bulls, sink BTC price to $25K — analyst

A recent price recovery in the Bitcoin (BTC) market risks getting erased due to an eerie fractal from 2018. Bitcoin price cycle similarities First spotted by CryptoBullet, an independent market analyst, the fractal shows Bitcoin recreating an inverse head-and-shoulders (IH&S) pattern that preceded its price decline toward $3,100 later in December 2018. As a result,…
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