Adrienne Harris, superintendent of the New York Department of Financial Services, or NYDFS, has reportedly said the closure of the crypto-friendly Signature Bank in March had nothing to do with exposure to digital assets. According to an April 5 report from The Wall Street Journal, Harris made the remarks at the Chainalysis Links conference in…
Read more
The legendary creator of Bitcoin, Satoshi Nakamoto, turned 48 years old today, at least according to information provided to the global network P2P Foundation when they registered. Though the identity of the Bitcoin (BTC) creator and thus their birthday remains unknown to the public, crypto enthusiasts took note of when Satoshi’s age increased by one…
Read more
Crypto miner US Bitcoin Corp has come to a tentative agreement with the City of Niagara Falls that will allow it to reopen its mining operation in that city, according to a local news report. A state supreme court judge ordered its plant closed in early March. The settlement still requires the approval of the…
Read more
Bitcoin continues to face resistance near $29,000 and Ether has decided to take charge of the wider crypto markets’ bullish momentum. Source link
Elizabeth McCaul, a supervisory board member of the European Central Bank (ECB), has called for additional oversight of crypto firms operating in a borderless state outside typical attempts at supervision. In an April 5 blog post, McCaul said there was currently no adequate regulatory or supervisory framework for crypto firms, but the collapse of the…
Read more
The Virtual Assets Regulatory Authority (VARA), the entity that oversees crypto activities in Dubai, has asked Binance to provide more information about its business requirements in its efforts to tighten regulatory guardrails in the emirate, Bloomberg reported. Citing three anonymous sources, Bloomberg reported on April 5 that the regulator had asked Binance to submit more information…
Read more
Bitcoin (BTC) is still on track to hit $180,000 in its next halving cycle, a longtime market participant says. In new analysis published March 3, Filbfilb, co-founder of trading suite Decentrader, doubled down on his bullish BTC price outlook for the years ahead. Filbfilb keeps faith in Bitcoin halving cycles With BTC/USD approaching $30,000, but…
Read more
As a Millennial who remembers the world before digital devices and the internet were everywhere, Sarah Zucker — aka The Sarah Show — is fascinated by the accelerated transition society at large is going through. “I feel as a Millennial that I’m part of this generational cohort that’s in this very unusual experience of having…
Read more
MicroStrategy, the American business intelligence firm, has just announced its latest acquisition of an additional 1,045 Bitcoin (BTC) for approximately $29.3 million at an average price of $28,016 per BTC. This news was announced in a tweet by Microstrategy’s executive chairman, Michael Saylor, on April 5. MicroStrategy has acquired an additional 1,045 #bitcoin for ~…
Read more
On April 4, the U.S. dollar index (DXY), which measures the greenback’s performance versus the basket of six leading foreign currencies, dropped by 0.5% after demand for workers in the world’s largest economy declined. BTC price eye breakout with dollar at 2-month lows Bitcoin (BTC) has grown 3.5% since to around $28,800, continuing its extremely…
Read more