The post ETH Price Is Rising, May Hit $1800 in February: Is Now the Time to Sell Bitcoin for Ethereum? appeared first on Coinpedia Fintech News Ethereum price has been maintaining a significant strength and consolidating heavily along the interim resistance. The trend currently appears to remain capped below $1650 but also flashes bullish signals […]
Ethereum supply decrease results in net deflationary value of $16m
The supply of ethereum (ETH) fell in January, resulting in a net deflationary value of $16 million. ETH net deflationary value falls to $16m According to the Ultrasound Money report, the total supply of ETH is 120,515,722, with an annual…
Bearish Sign for Bitcoin? CNBC’s Jim Cramer Now Says ‘Buy The Dip’
Jim Cramer – the host of the financial TV program “Mad Money” – opined the market has shifted into a bull mode and offers buying opportunities for investors. His comments, though, have often been quite inaccurate and inconsistent. The American advised crypto investors to sell their “awful” positions in December last year and thus limit […]
Sui ($SUI) token airdrop guide: How to get free tokens
Sui is the world’s first permissionless Layer 1 blockchain completely designed from the ground up. Sui is well-known as they are created by former Meta developers. In this article, we provide a guide on how you can be eligible for a potential SUI token airdrop. What is SUI? Sui is a decentralized, proof-of-stake blockchain with horizontally scaleable […]
Hong Kong Stablecoin Licensing Coming in 2023
Reading Time: 2 minutesHong Kong will issue stablecoin regulations in 2023 following consultation All stablecoin issuers will have to register with the Hong Kong Monetary Authority and algorithmic stablecoins will be banned The move was prompted by the collapse of Terra USD last year Hong Kong’s top financial regulator announced on Tuesday that mandatory licensing […]
Tether CTO denies borrowing from bankrupt lender Celsius
Celsius bankruptcy report by court-appointed examiner Shoba Pillay either has a typo or a “mis-characterization,” Tether CTO stated.
Electricity Crisis Takes A Toll On Bitcoin Mining Industry: A State-by-State Analysis
A new report from the Hashrate Index provides insight into how the global energy crisis impacted the Bitcoin mining industry in 2022. With rising electricity prices and declining Bitcoin prices, some of the largest companies in the industry, such as Core Scientific, faced bankruptcy. According to the report, a severe imbalance in the supply and […]
‘$7.5M Brazen Fraud Scheme’ Founder Sentenced to 8 Years In Jail
Randall Crater, the creator of “My Big Coin,” was given a 100-month prison term and forced to reimburse his victims for more than $7.6 million. On January 31, the United States Department of Justice said that Massachusetts-based United States District Court Judge Denise Casper had sentenced Crater. The punishment was given after a federal jury […]
UK Treasury publishes crypto framework paper: Here’s what’s inside
His Majesty’s Treasury published a long-anticipated consultation paper for the upcoming crypto regulation.
UK corporate law is too weak for crypto scammers, report shows
A recently released investigative report compiled by the Bureau and the Observer reveals that organized criminal groups use the United Kingdom as a virtual base for their scamming activities due to the country’s lenient company laws. ‘Lax’ UK regulations Under…