(ETHE), (GBTC) – Why Ethereum Is Soaring To New Highs As Bitcoin Rally Cools Off

A halt in Bitcoin’s (BTC) upward march has shifted the focus to Ethereum (ETH) which surged past the $1,400 levels in the past 24-hours, briefly hitting a new all-time high. What Happened: The second-largest cryptocurrency by market cap has been buoyed by an ecosystem of decentralized finance (DeFi). General…

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European Parliament Petitioned to Create Crypto Crime Compensation Fund – Regulation Bitcoin News

A petition has been submitted to the European Parliament, asking to implement a scheme to compensate crypto-related victims. The crimes mentioned in the petition 0421/2020 include fraud, piracy, and extortion. Petition’s Author Represents Victims in the Bitsane Alleged Scam Case According to the author, lawyer Jonathan Levy, the…

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Dubai financial regulator working on regulations for cryptocurrencies

The Dubai Financial Services Authority, the financial regulatory agency for the special economic zone, the Dubai International Financial Centre, is looking to enhance local cryptocurrency-related regulations.The DFSA is planning to introduce a regulatory framework for diverse digital assets as part of its 2021–2022 business plan released on Jan.…

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(GBTC) – JPMorgan Sees Bitcoin Crossing $40K Again In Coming Weeks, If This Key Condition Is Met

JPMorgan analysts see Bitcoin (BTC) continuing on its rally above the $40,000 mark, if the Grayscale Bitcoin Trust (OTC: GBTC) continues to sustain inflow above the $100 million mark every day in the coming weeks. What Happened: If the institutional investors fail to take Bitcoin past the breakout…

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(GBTC), (ETHE) – Cryptocurrency Chainlink Has Soared 50% In A Week, Yet Whales Keep Piling On: What You Should Know

Chainlink (LINK), the ninth-largest cryptocurrency by market capitalization, is mostly concentrated in the hands of the top 1% of investors, according to Glassnode Insights, a market data aggregator. What Happened: Glassnode data indicates that 81% of LINK, not with cryptocurrency exchanges or locked away in smart contracts, is…

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Report – Mining Bitcoin News

Police in Iran have reportedly seized 45,000 bitcoin mining rigs for illegally using subsidized electricity from the state-owned power utility Tavanir, the local Tasmin News Agency reported this week. According to Mohammad Hassan Motavalizadeh, head of Tavanir, the efficient application-specific integrated circuit (ASIC) bitcoin miners had been consuming…

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Cybersecurity firm uses encrypted hard drive with Bitcoin to test applicants

Researchers wishing to apply to New York-based Red Balloon Security have to complete an unusual technical interview as part of their application process: unlocking a hard drive containing crypto.According to a report from Business Insider, Red Balloon sends the hard drives to certain candidates for cybersecurity research positions…

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Facebook, Inc. (NASDAQ:FB), PayPal Holdings (NASDAQ:PYPL) – What’s In Store For DeFi In 2021? – The Analysis And Predictions

What a year 2020 has been for the crypto world. Most of the major cryptocurrencies, barring a few, achieved all-time-high prices. It includes the likes of Bitcoin and Ethereum. But there's one segment of the crypto world that made the most out of 2020. Yes, we are talking…

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Crypto Prices Consolidate, Handful of Altcoin Markets Pop, Bitcoin Accumulation Addresses Rise – Market Updates Bitcoin News

The price of bitcoin and a number of digital assets have been consolidating this week, after a number of crypto markets dropped over 25% the week prior. The entire crypto-economy is hovering just below the $1 trillion mark at $987 billion, gaining 1.3% during the last 24 hours.…

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