Bitcoin ASIC manufacturer Bitmain has temporarily halted the payment of salaries to its employees, according to recent reports. The company has also eliminated bonuses and incentives for its staff, and it has not paid the salaries owed from the previous month. Furthermore, employees are facing a 50% reduction in their base salaries. Bitmain, founded in […]
The former boss of crypto company Terra Labs, Do Kwon, admitted to falsifying trading volumes, according to court documents from the US Securities and Exchange Commission (SEC). An SEC filing on Sept. 22 shows a text message exchange between Do Kwon and Daniel Chin, the founder of payment app Chai, in which Do Kwon told […]
Former Facebook executive and co-creator of Diem, David Marcus, is exploring exciting opportunities within the Bitcoin ecosystem. Marcus, now the CEO of Lightspark, a startup focused on developing enterprise payment solutions using Bitcoin’s Lightning Network, believes that real-time payments have vast potential across various industries worldwide. In a recent interview with Anthony Pompliano, Marcus discussed […]
The crypto and Bitcoin markets continue to decline after the decision of the Federal Reserve (the Fed) or the United States central bank to hold the rate of increase in interest rates in the range of 5.25 to 5.5 percent. However, not only that, there are several other factors that keep Bitcoin prices under pressure. […]
The Futures and Commodity Trading Regulatory Agency (Bappebti) will inaugurate the Indonesian crypto exchange which is scheduled for July 2023. Bappebti head Didid Noordiatmoko said that once the exchange is launched, all crypto transactions can only be done through the exchange. “Yesterday we agreed on the stock exchange rules. So the know your customer (KYC) process and […]
Bitcoin is currently being traded at a price of $30,400 over a 4-hour period. The Relative Strength Index (RSI) is at 50.95, indicating that the market sentiment is neutral. The Exponential Moving Average (EMA) 50 is at $30,373, while the EMA 100 is at $30,088. The Moving Average Convergence Divergence (MACD) value is 25. If […]
Bitcoin (BTC) halving, the most anticipated quadrennial event in the cryptocurrency space with potential to drive the maiden digital currency price to new heights. However, it could pose more troubles to Bitcoin miners than the previous ones. As per experts, Bitcoin miners would face more challenges in the upcoming halving, given the high electricity costs and debt […]
the prices of bitcoin and other top cryptos were observed to experience mixed movements in Wednesday’s trade, (21/6/2023). The majority of today’s top crypto prices are observed to be back in the green zone. Based on data from Coinmarketcap, Wednesday, June 21, 2023 morning, the crypto with the largest market capitalization, Bitcoin (BTC) still strengthened […]
Binance crypto exchange is working to enable the Bitcoin Lightning Network, designed to make Bitcoin (BTC) transactions faster and cheaper. “Binance is working to integrate the Bitcoin Lightning Network for deposits and withdrawals,” the world’s largest cryptocurrency exchange said in a Tuesday tweet. The move comes as the exchange had pledged to add support for […]
In the span of one week, both Bitcoin and Ethereum experienced a significant outflow of IDR 14.8 trillion from centralized exchanges. This occurrence indicates a noteworthy movement of these two prominent cryptocurrencies away from exchanges and into other storage options or decentralized platforms. Let’s delve into this topic further in eight paragraphs. cryptoiz forum : […]