The post Is The Cryptocurrency Industry Experiencing Its First Real Recession? appeared first on Coinpedia Fintech News Bitcoin had its best January since 2013, thanks to bets that monetary tightening and the crypto-sector crisis are both subsidings. It has increased 39% since the beginning of the year, a first-month gain that has only twice been […]
Craig Wright : Tulip Trading Case Outcome Will End Ripple And XRP
The post Craig Wright : Tulip Trading Case Outcome Will End Ripple And XRP appeared first on Coinpedia Fintech News On Feb 3, 2023, popular American businessman Craig Wright filed a lawsuit against 16 Bitcoin developers who are set to go under trial in London. If Craig Wright wins, Bitcoin developers will be forced to […]
BIS Report: CBDCs and Crypto Assets Could Emerge from Turmoil
Coinspeaker BIS Report: CBDCs and Crypto Assets Could Emerge from Turmoil The last year of 2022 witnessed one of the most brutal bear markets in the history of crypto. Nearly a trillion dollars worth of investors’ wealth was wiped out in a year’s time with Bitcoin and several other altcoins correcting to the tune of […]
FCA Warns of 2 Years Imprisonment for Unauthorized Crypto Asset Financial Promotions
Coinspeaker FCA Warns of 2 Years Imprisonment for Unauthorized Crypto Asset Financial Promotions The UK Financial Conduct Authority (FCA) has warned crypto companies within the nation to get ready for new rules on crypto asset promotions. The financial watchdog released a statement on the 6th of February, stating that crypto asset firms must comply with […]
Elon Musk Says His Twitter Acquisition Saved Company from Bankruptcy
Coinspeaker Elon Musk Says His Twitter Acquisition Saved Company from Bankruptcy Elon Musk claims that his $44 billion acquisition of Twitter last October saved the social media giant from bankruptcy. According to the brash Tesla CEO, his purchase of the popular microblogging platform proved timely and prevented Twitter from slipping into insolvency. Musk replied to a tweet from The Wall Street Journal, […]
Lightning Network Surges to All-time High as Bitcoin Short-term Rally Continues
Coinspeaker Lightning Network Surges to All-time High as Bitcoin Short-term Rally Continues According to reports, the Lightning Network recently attained an all-time high as Bitcoin continues to rally. According to The Block, the amount of BTC locked in the Bitcoin (BTC) payments network reached a record high, with the Layer 2 network’s capacity growing by […]
It’s time to own your digital identity
As we emerge into the world of Web3 and the metaverse, we are starting to see methods of data retention where the web user has full visibility and control of this — specifically through digital identities. Usernames and passwords are a staple of the modern internet, and almost every service out there uses this method […]
Chainlink oracle, data feeds coming to StarkNet ecosystem
StarkWare is set to partner with Chainlink Labs to integrate oracle services and data feeds to the StarkNet testnet. Blockchain scaling technology firm StarkWare is set to partner with Chainlink Labs to bring oracle services, data and price feeds to the StarkNet ecosystem. The coalition will see StarkWare join Chainlink’s Scale program and brings Chainlink […]
Hong Kong securities regulator adds crypto personnel for industry supervision
Regulators in Hong Kong plan for the addition of personnel in order to “better supervise” activities of local virtual asset providers. Regulators in Hong Kong are stepping up their game when it comes to monitoring the activities of the crypto industry. According to a Securities and Futures Commission (SFC) report filed on Feb. 6, it plans […]
Bitcoin, Ethereum Technical Analysis: BTC Hits 1-Week Low, Bullish Sentiment Fades on Monday
Bitcoin fell to a seven-day low to start the week, as recent bullish momentum began to wear off in cryptocurrency markets. Friday’s stronger than expected U.S. non-farm payrolls report has made some question the Federal Reserve’s view that inflation has peaked. Ethereum also declined on Monday, however, it remained above $1,600. Bitcoin Bitcoin (BTC) started […]