The digital currency and stablecoin issuer Paxos has been granted conditional approval for a bank charter under the Paxos National Trust in New York. The U.S. Office of the Comptroller of the Currency issued a preliminary conditional approval which means the regulating entity still has to authorize the firm’s future banking plans. Paxos Granted Preliminary […]

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link. Top Stories This Week Bitcoin tumbles 10% in 12 hours and falls below $50,000 for […]

Decentralized exchange volumes are on the rise as the pullback in the price of Bitcoin motivates some traders to book profits and rotate into altcoins. Decentralized finance (DeFi) started 2021 by taking the cryptocurrency sector by storm and helping to kick the bull market cycle into high gear as traders capitalized on ways to easily […]

Bitcoin’s global hashrate dropped ten days ago following a coal mine accident that caused significant grid blackouts in Xinjiang, China. While initial estimates had shown more than 40% of the hashrate dropped, statistics from a five-day average show the hashpower only lost around 25%. Meanwhile, Chinese miners located in Sichuan may put more pressure on […]

Well-known risk analyst and “Black Swan” author Nassim Nicholas Taleb seemingly changed his previously positive attitude toward Bitcoin, calling it a “gimmick” and an “open Ponzi scheme” during an interview with CNBC’s Squawk Box yesterday. “[Bitcoin] has characteristics of an open Ponzi, everybody knows it’s a Ponzi,” Taleb said. “Basically, there’s no connection between inflation […]

The proposed authoritarian evolution of centrally issued digital currencies takes the world closer to dystopia. Central Bank Digital Currencies (CBDCs) have received increasing interest since Facebook’s failed launch of Libra and China’s recent announcement that they are moving forward with the digital yuan after an early trial period. This is “why we Bitcoin”: because the […]

Bitcoin (BTC/USD) added some gains early in today’s Asian session as the pair appreciated to the 50389.91 level after trading as low as the 48726.87 level during the North American session, with the interday low representing a test of the 61.8% retracement of the appreciating range from 47464.65 to 51500.  Traders tested the 50-hour simple […]

Bitcoin (BTC/USD) added some gains early in today’s Asian session as the pair appreciated to the 50389.91 level after trading as low as the 48726.87 level during the North American session, with the interday low representing a test of the 61.8% retracement of the appreciating range from 47464.65 to 51500.  Traders tested the 50-hour simple […]

Ethereum (ETH/USD) moved higher in the Asian session as the pair appreciated to the 2766.04 level after trading as low as the 2158.36 area during the North American session, with the interday low representing a test of the 61.8% retracement of the depreciating range from 2195 to 2081.01.  Traders lifted the pair as high as […]

Ethereum (ETH/USD) moved higher in the Asian session as the pair appreciated to the 2766.04 level after trading as low as the 2158.36 area during the North American session, with the interday low representing a test of the 61.8% retracement of the depreciating range from 2195 to 2081.01.  Traders lifted the pair as high as […]