Cryptos

Rust: Big tokens, especially bitcoin, and any ether are going to do well. We're going to see a faster recovery in the crypto markets than we will see in the traditional finance market. ETH is now deflationary while the chain is seeing hugely increased activity on top of Ethereum developer engagement, faster improvements to the Ethereum network…

Bitcoin investors' sentiment improved after signals pointing to lower inflationary pressure suggested that the U.S. Federal Reserve could soon move away from its interest rate increase and quantitative tightening. Commonly known as a pivot, the trend change would benefit risk assets such as cryptocurrencies.On Jan. 22, the China-based…

Bitcoin (BTC) still risks “considerable danger” in 2023 as macroeconomic conditions dictate price action.That is according to economist Lyn Alden, who in private comments to Cointelegraph cautioned on Bitcoin staying bullish after its January gains.Alden: BTC price bottom is a "process"Optimism is increasing throughout crypto as BTC/USD broadly…

Economist and gold bug Peter Schiff has explained why bitcoin and gold are going up this year. “They’re rising for opposite reasons,” he said, claiming that the price of gold is climbing as investors view the metal as a hedge against inflation and a weaker dollar. Peter Schiff Explains Why Bitcoin and Gold Are Rising Gold bug and…

Bitcoin has rallied more than 37% since the beginning of 2023 and is on pace for its best monthly return since October 2021.Analysts have pointed to the weakening dollar, inflation expectations, and institutional buying support catalyzing this rally.The fading impact from squeezed short positions, as well as troubled firms needing to cash in…

LONDON, Jan 24 (Reuters) - Crypto giant Binance processed almost $346 million in bitcoin for the Bitzlato digital currency exchange, whose founder was arrested by U.S. authorities last week for allegedly running a "money laundering engine," blockchain data seen by Reuters show.The Justice Department on Jan. 18 said it charged Bitzlato’s…

California-based Harmony said in June it had been the target of a cyberattack that stole $100m worth of digital assets.North Korean hackers were behind the theft of $100m worth of digital assets from a US crypto firm last year, according to United States law enforcement. The North Korean hacking groups Lazarus Group and APT38 carried out the…

Bitcoin’s mining industry has been relatively stable compared to the bearish price action and the tumultuous fallout of exchanges and lending companies. The network’s hashrate dipped slightly toward the end of 2022, primarily due to an unprecedented blizzard in the U.S., and has since recovered strongly to surpass its previous peak above 270…

As Brazil and Argentina started preparatory work for a potential common currency, Coinbase CEO Brian Armstrong floated the idea of the two countries moving to Bitcoin (BTC). This sparked various discussions over the viability of BTC as a national currency. On Jan. 22, the two South American countries announced their preparations to discuss a…

Ethereum co-founder Vitalik Buterin has shared a possible solution to what he describes as the “largest remaining challenge” on Ethereum — privacy.In a blog post on Jan. 20, Buterin acknowledged the need to come up with a privacy solution because by default, all information that goes onto a “public blockchain” is public too.He then arrived at…