Bill limiting incentives for crypto miners passes Texas Senate, moves to House

Texas lawmakers in the state’s Senate have approved a bill aimed at largely removing incentives for crypto miners operating under the seemingly friendly regulatory environment. In a 30-1 vote on the floor of the Texas State Senate on April 12, lawmakers in the 88th legislative session passed Senate Bill 1751, legislation that would amend sections […]

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Price analysis 4/12: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

The March consumer price index climbed marginally by 0.1%, below economists’ expectation of a 0.2% increase and February’s advance of 0.4%. Although inflation is showing signs of slowing, the year-on-year CPI increased by 5%, well above the Federal Reserve’s 2% target.  The FedWatch Tool shows a 67% probability of a 25 basis point rate hike […]

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‘Bitcoin is a gambling token, and it doesn’t have any intrinsic value’ — Warren Buffett

Warren Buffett once again took up his familiar role as conductor of the FUD train in yet another anti-cryptocurrency interview with CNBC’s Squawk Box on April 12.  “We’ve had an explosion of gambling,” the magnate told CNBC by way of describing the cryptocurrency market. He then added, “I like to bet on a football game […]

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Bitcoin price rivals 10-month high as CPI data beats expectations

Bitcoin (BTC) spiked higher prior to the April 12 Wall Street open as United States inflation data outperformed market forecasts. BTC/USD 1-minute candle chart (Bitstamp). Source: TradingView CPI offers “great inflation print” for risk-on bulls Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it neared new ten-month highs on Bitstamp. Widely-predicted volatility entered […]

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Bitcoin gaming enters Africa with local crypto exchange partnership

Gamers in Africa can now send and receive small amounts of Bitcoin (BTC) while playing classic titles like Counter Strike.  Zebedee, a fintech and payments processor targeting the gaming space, has partnered with crypto exchange platform Bitnob to offer payments and gaming reward options in Africa using the Bitcoin Lightning Network (LN). Within the partnership, […]

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Argentina securities regulator approves Bitcoin futures index

The securities regulator of Argentina has approved a Bitcoin-based futures index set to debut on the Matba Rofex exchange. The Bitcoin futures contract will start trading in May and the exchange claimed it will be the first regulated Bitcoin futures in Latin America. The National Commission Of Value (CNV), the country’s securities regulator, approved the […]

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Metalpha raising $100M to offer Grayscale Bitcoin products in Hong Kong

Hong Kong-based cryptocurrency wealth manager Metalpha Technology is working to offer new entry points into Bitcoin (BTC) and Web3 to investors in Asia. Metalpha is raising a $100 million fund to invest in Bitcoin and other crypto products from the major United States-based crypto asset manager, Grayscale Investments. The new fund aims to help Chinese […]

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Brooklyn court charges former banker for allegedly defrauding crypto investors

The federal court in Brooklyn, New York, charged a former investment banker and registered broker for allegedly defrauding numerous investors by promising profits on fake cryptocurrency investments and misappropriating the funds received to finance his lifestyle.  Documents with the court claim the defendant, Rashawn Russell, misused the growing interest in crypto investments to mislead investors. […]

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Former investment banker charged for allegedly defrauding crypto investors

The federal court in Brooklyn, New York, charged a former investment banker and registered broker for allegedly defrauding numerous investors by promising profits on fake cryptocurrency investments and misappropriating the funds received to finance his lifestyle.  Documents with the court claim the defendant, Rashawn Russell, misused the growing interest in crypto investments to mislead investors. […]

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How to buy or sell Bitcoin without using a centralized crypto exchange?

The failure of FTX triggered a notable growth of self-custody in 2022, with numerous cryptocurrency investors transitioning from centralized exchanges (CEX) to hardware or software wallets. The rising popularity of self-custody could even potentially erase the need for centralized exchanges one day, according to Binance CEO Changpeng Zhao. But how would people buy or sell […]

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