Bitcoin News

Bitcoin-Friendly Mayors View Blockchain as a Way to Boost Equality, Diversity
New York City’s Eric Adams and Miami’s Francis Suarez also discussed how the U.S. can embrace blockchain technology to defy authoritarian regimes.

First Mover Asia: China Equities Woes, Tensions With US Have Barely Touched Bitcoin; Cryptos Climb
Hong Kong's Hang Seng market has suffered through some of its worst days in more than a decade but that has not seemed to affect bitcoin's price much; cryptos rose slightly amid wait for Fed interest rate decision.

EU Parliament Rejects Proposal Limiting Proof-of-Work Mining
The European Parliament has voted against a proposed rule that would have banned proof-of-work mining of cryptocurrencies like bitcoin across the European Union (EU). Patrick Hansen, head of Strategy and Business Development at Unstoppable Finance, discusses what this means for the state of crypto affairs in Europe and the world.

BTC Implied Volatility Ticks Higher Ahead of Fed Meeting
Investors’ expectations for BTC price turbulence over the next four weeks, known as implied volatility, is creeping higher ahead of the Federal Reserve’s interest rate decision tomorrow. This is a sign that traders could be setting up options positions that would benefit from BTC price swings.

Bitcoin's Next Move Ahead of Tomorrow's Fed Interest Rate Decision
Prime Trust Chief Product Officer Sara Xi discusses her outlook for bitcoin as investors await the interest rate decision from the Federal Reserve's two-day meeting. Plus, why China's latest COVID outbreak could cause inflationary pressure, and what Saudi Arabia's potential oil sale to China in Chinese yuan could mean for bitcoin.

Market Wrap: Bitcoin and Stocks Stabilize Ahead of Fed Announcement
BTC was up 2% over the past 24 hours, compared with a 5% gain in ETH and a 20% rally in GRT.

Singapore Imposes Sanctions; Bitcoin Bucks Market Trend
Binance wins license in Bahrain. Singapore targets designated Russian banks amid sanctions. Bitcoin holds ground despite wider market falls over Ukraine and China concerns. Altcoins to keep a watch on. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

EU’s ‘Bitcoin Ban’ Fell Short but Experts Still Have Ideas for Fixing Crypto’s Carbon Costs
Projects like Filecoin Green and Zero Labs see crypto’s opportunity to drive major demand for renewable energy, while using blockchain tech to measure greener grids. But will big miners bite?

Kazakhstan Crackdown Forces 106 More Illegal Crypto Mines to Close
Kazakhstan’s crackdown on illegal crypto mines has forced another 106 miners to stop operations, following investigations by the country’s financial monitoring agency. The country represents 20% of the total bitcoin mining capacity, according to CoinDesk’s Research Analyst George Kaloudis.

A Post-Dollar World? Saudi Arabia Reportedly Considers Accepting Yuan Instead of Dollar for Chinese Oil Sales
Saudi Arabia is reportedly in talks with Beijing to price some of its oil sales to China in Chinese currency yuan instead of the U.S. dollar. This could dent dollar’s dominance in the global market.
