Crypto News: In a significant move to address the regulatory challenges surrounding digital assets, senior House Republicans in the U.S. Congress have introduced a new draft bill that aims to reclassify digital tokens from securities to commodities. The proposal, released by the leaders of the House Financial Services Commission and Agriculture Committee, aims to establish a clearer framew...
Crypto Market News: One of the most popular demands in the crypto community is to relist XRP in US based crypto exchanges like Coinbase and Kraken. The exchanges had in the first place delisted the token from their platforms in response to the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Ripple over the unregistered sale of XRP. However, it is not proven yet t...
Bitcoin “consolidation” could end by July, new research predicts as optimism over a BTC price breakout returns.In its latest market update on June 2, trading firm QCP Capital revealed a bullish bias on both Bitcoin (BTC) and the largest altcoin, Ether (ETH).QCP Capital: Bitcoin consolidation “played out perfectly”Bitcoin price has been ranging between $26,000 and $31,000 since mid-March, but analysts are increasingly calling time on the si...
YouTube channel Simply Bitcoin highlights the Government’s strategy to “Stop Bitcoin Adoption” in a recent video.
The Bitcoin Total Hash Rate continues to reach all-time highs, reflecting strong computational power by miners.
Dr. Albert Ngi accepts crypto payments to remove the stigma surrounding Bitcoin.
YouTube channel Simply Bitcoin recently posted a YouTube video with guest Dr. Albert Ngi, who is the Optemerist to accept c...
Crypto Market News: The Bitcoin price took a slump and major US stock indices rose on Friday in the initial response to a strong jobs report for the month of May 2023. The U.S. Bureau of Labor Statistics reported that total nonfarm payroll employment increased by 339,000 in May, and the unemployment rate rose by 0.3 percentage point to 3.7 percent. The rise in jobs for May is in equilibriu...
Hong Kong is set to receive its first spot Bitcoin ETF, while the US Securities and Exchange Commission remains reluctant to approve one.
Hong Kong SFC-approved virtual asset manager VSFG (Yibo Finance), which already has approved crypto ETF, prepares to apply for a virtual asset service provider (VASP) and category No. 7 licenses. The company also plans to list a spot Bitcoin fund as an E...
Bitcoin BTC $27,086 bounced near multiple support trend lines into June 2 as market indecision remained in force.Traders bet on $27,500 BTC price ceilingData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $26,519 on Bitstamp after the daily close.The pair showed little signs of trend change as a stalemate between bulls and bears continued to produce little volatility.The collection of moving averages (MAs),...
Crypto and stock markets recover as the U.S. Senate passes the Biden-McCarthy debt ceiling deal, with President Joe Biden to sign the deal and address averting debt default and the bipartisanship budget agreement tomorrow. The global crypto market cap increased 1.31% to 1.14 trillion on Friday. Bitcoin price rallied over 2% to hit a 24-hour high of $27,203, while Ethereum price also jumped...
Crypto News: Coinbase, the U.S. biggest crypto exchange on Thursday announced that its derivatives exchange, which is a CFTC regulated futures exchange, will launch Bitcoin (BTC) and Ethereum (ETH) futures contracts on June 5. It added that these products will be available for the institutional investors.
Also Read: Ripple Exec Marks This Crypto Hearing “Crucial” Ahead Of Hinman Doc Releas...
A team of researchers from universities in Australia and the United States, working in collaboration with quantum technology company BTQ, recently published research proposing a novel proof-of-work (PoW) scheme for blockchain consensus that relies on quantum computing techniques to validate consensus.Our new paper on using NISQ-era quantum sampling problems in proof-of-work blockchain consensus algorithms. In collaboration with @BTQ_Tech.ht...
