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Bitcoin, Ethereum Technical Analysis: BTC Prices Shaken as Fed Keeps Rates Unchanged

Bitcoin, Ethereum Technical Analysis: BTC Prices Shaken as Fed Keeps Rates UnchangedCryptocurrency markets were volatile on Thursday as traders appeared to react to the Federal Reserve’s decision to keep interest rates unchanged. Bitcoin and ethereum both saw price uncertainty, as markets now expect a March hike. Bitcoin After making a run towards the $40,000 resistance on Wednesday, trading above $38,000 in the process, BTC/USD fell to […]

Rebase Market Carnage: TIME Slips 61%, Wonderland Admin Allegedly Co-Founded Quadrigacx

Rebase Market Carnage: TIME Slips 61%, Wonderland Admin Allegedly Co-Founded QuadrigacxWhile reserve-based crypto assets like gold tokens and stablecoins have been able to weather the crypto market carnage over the last two weeks, rebase tokens like wonderland (TIME), and Olympus (OHM) have seen massive losses. Wonderland is down more than 96% since the crypto asset’s all-time high (ATH), and OHM is down over 95% since […]

Chrono․Tech Attracts $30 million Investment

Chrono․Tech Attracts  million InvestmentPRESS RELEASE. Australian asset manager Mark Carnegie and a European Family Office have recently taken stakes in the company, totalling around $30 million, as Chrono’s ecosystem soared in activity and value over the course of 2021. The growth of the crypto market and blockchain sector has been nothing short of sensational over the course of […]

US Unveils Bill Giving Treasury Secretary ‘Unchecked and Unilateral Power’ to Ban Crypto Transactions, Advocate Warns

US Unveils Bill Giving Treasury Secretary ‘Unchecked and Unilateral Power’ to Ban Crypto Transactions, Advocate WarnsA new bill introduced in the U.S. has a provision that “would essentially give the Treasury Secretary unchecked and unilateral power” to ban cryptocurrency transactions, warned crypto advocacy organization Coin Center. Treasury Secretary Janet Yellen will be able to prohibit any crypto transactions “without any process, rulemaking, or limitation on the duration of the prohibition.” […]

Sunacrip Revokes Licenses Of Two Cryptocurrency Exchanges In Venezuela

Sunacrip Revokes Licenses Of Two Cryptocurrency Exchanges In VenezuelaSunacrip, the Venezuelan cryptocurrency watchdog, has suspended the operating licenses of two exchanges for lack of compliance with current regulations. The announcement was made by Joselit Ramirez, superintendent of Sunacrip, who also mentioned the exchanges that are approved by the institution, leaving some big names like Binance off of the list. Sunacrip Tightens Compliance Requirements […]

US Sentences Bitcoin Seller to 1 Year in Jail for Defrauding Investors

US Sentences Bitcoin Seller to 1 Year in Jail for Defrauding InvestorsA bitcoin seller has been sentenced to one year and one day in jail for defrauding customers, according to a notice by the U.S. Department of Justice (DOJ). The man took money from customers but did not provide them with the agreed-upon bitcoin. Fraudulent Bitcoin Seller Going to Jail The U.S. Department of Justice (DOJ) […]

Precious Metals, Cryptocurrencies, Stock Markets Falter Following Powell’s Rate Hike Statements

Precious Metals, Cryptocurrencies, Stock Markets Falter Following Powell’s Rate Hike StatementsEquities, crypto markets, and precious metals did well during the early morning trading sessions on Wednesday, just before the U.S. central bank wrapped up its Federal Open Market Committee (FOMC) meeting. While the Fed said in a statement that the benchmark interest rate would rise soon, the central bank’s lead Jerome Powell said the committee […]

Utility Seeks $800,000 From Russians Mining Crypto With Cheap Power

Utility Seeks 0,000 From Russians Mining Crypto With Cheap PowerThe main utility company in Irkutsk is looking to collect almost $800,000 from owners of crypto farms that have allegedly caused a spike in electricity consumption in the Russian region. The supplier accuses the miners of burning cheap household electricity in what is, in fact, a business activity. Power Utility Takes Crypto Miners to Court […]

Nigerian Lawmakers Urged to Consider Regulating Crypto Industry After Proposal to Jail Ponzi Operators

Nigerian Lawmakers Urged to Consider Regulating Crypto Industry After Proposal to Jail Ponzi OperatorsThe leader of the Nigerian blockchain association, Senator Ihenyen, has implored the country’s lawmakers — currently pushing for the securities law to be revamped — to consider crafting laws that regulate the crypto industry. Proposed Law Does Not Expressly Mention Cryptocurrencies As Nigerian lawmakers debate a bill that proposes a ten-year jail term for operators […]

Dvision Network 2nd LAND Sale to Be Held on OpenSea and Their Native Marketplace

Dvision Network 2nd LAND Sale to Be Held on OpenSea and Their Native MarketplacePRESS RELEASE. Not too long ago, Dvision Network had successfully initiated their LAND sale, and now it is time for the second sale to commence as the first month of 2022 nears its end. On January 27th, 11:00 AM UTC, the Polygon Ecosystem will witness the Dvision’s second LAND Sale via Dvision Marketplace and the […]