Day: June 5, 2022

Uganda Central Bank Says It Is Open to Crypto Firms Participating in Regulatory Sandbox – Regulation Bitcoin News

The Bank of Uganda (BOU) has hinted that it is open to the idea of crypto firms participating in the regulatory sandbox. The central bank’s position follows its deliberations with a team from the Blockchain Association of Uganda (BAU). BAU Members Asked to Acquaint Themselves Sandbox Regulations The Ugandan central bank has said following talks …

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A life after crime: What happens to crypto seized in criminal investigations?

Earlier this year, during during the annual Queen’s Speech in the United Kingdom, Prince Charles informed the Parliament about two bills. One of them — the Economic Crime and Corporate Transparency Bill — would expand the government’s powers to seize and recover crypto assets. Meanwhile, the United States Internal Revenue Service (IRS) seized more than …

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Avalanche Co-Founder Emin Gün Sirer Discusses Macro Conditions and AVAX Sliding in Value – Bitcoin News

The price of Avalanche has slid significantly since the crypto asset’s all-time high as the token has dropped 83% in value since then. In a recent interview published on May 31, Avalanche co-founder, Emin Gün Sirer, discussed how bear market conditions have impacted cryptocurrencies like avalanche (AVAX). The Avalanche co-founder mentioned “macro conditions” and that …

Avalanche Co-Founder Emin Gün Sirer Discusses Macro Conditions and AVAX Sliding in Value – Bitcoin News Read More »

Ethereum Loses $1800 Handle – Will Bear Market Pull ETH Down Deeper?

During the previous week, the price of Ethereum has stabilized between $2,000 and $1,700. Because of this, the ETH price remained largely unchanged compared to the last seven days and lost 2.5% of its value. While Bitcoin has fallen below the $29K range, Ether has lost its hold on the $1800 handle and is approaching …

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Report: Ripple CEO Brad Garlinghouse Hints at Future Mergers and Acquisitions – Bitcoin News

While visiting the World Economic Forum (WEF) event in Davos, Ripple Labs CEO, Brad Garlinghouse discussed the firm’s growth opportunities and despite the crypto economy’s downturn, Garlinghouse spoke about future mergers and acquisitions. ‘I Think We’re More Likely to Be the Buyer,’ Ripple Labs CEO Brad Garlinghouse Said During an Interview in Davos Just recently, …

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A Newly Published Book Claims to Tell the ‘Real Story Behind Mysterious Bitcoin Creator’ – Bitcoin News

During the last 13 years, a great number of individuals have claimed to be the inventor of Bitcoin, but no single person has been able to prove this to the greater crypto community. At the end of August 2019, a marketing and public relations (PR) agency published a press release that featured a man from …

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Never again will there be coal shortage in the country: Pralhad Joshi

Twice in the recent past, the country has faced coal shortage – in October 2021 and last month. Critics blame poor planning; the government says it was an “extraordinary situation” and action has been taken to ensure that a shortage never occurs again. To discuss this, BusinessLine caught up with the Union Coal Minister, Pralhad Joshi, …

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Bitcoin price needs to close above $29,450 for its first green weekly candle since March

Bitcoin (BTC) kept traders guessing into the June 5 weekly close as BTC price action closely mimicked last weekend. BTC/USD 1-week candle chart (Bitstamp). Source: TradingView BTC price traders $300 in the gree Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling its May 30 opening level at the time of writing, just $300 higher …

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2TM Group, Parent Company of Mercado Bitcoin, Lays off 90 Workers Amid Market Cool Down – Bitcoin News

2TM Group, a Latam unicorn and parent company of Mercado Bitcoin, a Latam-based cryptocurrency exchange, has announced it will execute a series of layoffs due to the current market cooldown. The company declared that this action was motivated by the recent global financial scenario changes, making it reconsider its position, and reducing its operative expenses. …

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