Grayscale CEO Warns: Using Courts for Crypto Issuance Will Squash Innovation
Cryptocurrency Regulations Could Impact Innovation Michael Sonnenshein, CEO of Grayscale Investments, warned of a potential negative consequence for the U.S. economy should the Securities and Exchange Commission (SEC) continue to…
Exploring the Challenges of Bitcoin Lightning Network Growth
The Lightning Network is a layer-2 solution developed to tackle Bitcoin’s scalability issues and to enable faster and more affordable transactions through a network of payment channels. Since its launch…
Bitcoin Miner Riot Platforms Reduces Q2 Loss with Crypto Currencies
Riot Platforms Reports Q2 Results Colorado-based Bitcoin mining firm Riot Platforms reported a second quarter net loss of $27.7 million, as it ramped up its Bitcoin production and reached record…
Brazil’s Congress to Raise Taxes on Cryptocurrencies
Taxes on Cryptocurrency Investments Abroad Brazilian legislators are making progress with legislation that plans to increase taxes on overseas cryptocurrencies. According to reports, a congressional committee has approved amendments to…
Astonishing BTC Price Action: Analysts Weigh In On Web 3.0 Status
The web 3.0 status of Bitcoin (BTC) remained astonishingly stable on Aug. 12, as volatility decreased further. Bitcoin: “Classic weekend chop” expected Data from Cointelegraph Markets Pro and TradingView revealed…
Crypto Rally Continues as Bitcoin Hugs $29.5K Amid Inflation Spike
On Aug. 10, Bitcoin (BTC) was hovering near $29,500 as traders were anticipating the new United States Consumer Price Index (CPI) print. Cryptocurrency enthusiasts were rallying around Propy (PRO) and…
US Bank Reveals $166M in Crypto Holdings – Q2 Earnings Report
SoFi Crypto Services SoFi, the United States bank serving over six million customers, holds almost $170 million worth of cryptocurrencies on its balance sheet, according to its second quarter (Q2)…
Bitcoin Futures Open Interest Hits All-Time High Despite Low BTC Trading Volume
Investors are having a hard time pushing Bitcoin (BTC) beyond the $30,000 mark, due to the recent price trends and the delays and reviews of several requests for spot Bitcoin…
Paypal Crypto Soars 44% as Bitdeer Records Wider Losses in Q2
Bitdeer Technologies Q2 2023 Earnings Bitdeer Technologies, a Bitcoin mining firm spun off from the prominent Bitcoin ASIC manufacturer Bitmain, reported a net loss of $40.4 million in the second…
China AI Anchor: US Gov’t Debt Downgrade and Its Impact on Crypto
Stocks and Crypto Under Pressure After US Debt Downgrade On this week’s episode of Macro Markets, Cointelegraph analyst and writer Marcel Pechman explored the implications of the United States debt…