Articles for category: Bitcoin, Trending

Indian Securities Regulator Proposes Multi-Agency Approach to Regulate Cryptocurrency

India’s Securities and Exchange Board of India (SEBI) has proposed a multi-agency approach for the regulation of the cryptocurrency sector, suggesting that oversight should be distributed among various regulators. This proposal, disclosed by Reuters, was presented to an advisory panel for India’s finance ministry. According to the proposal, SEBI would oversee cryptocurrencies classified as securities, ...

Bitcoin’s Path to $150,000: Assessing the Likelihood

Bitcoin (BTC) has recently experienced a significant surge, reaching a peak of $66,700 on May 16 and currently trading around $65,800. This rise follows the release of U.S. economic data indicating a slight easing of inflation, with the consumer price index (CPI) rising at an annual rate of 3.4% in April, down from 3.5% the ...

Paul O’Leary Explains How Polygon’s zkEVM Enhances Ethereum Scalability

In an interview with crypto.news, Paul O’Leary, CTO of Polygon Labs, detailed how Polygon’s zkEVM technology is set to revolutionize Ethereum’s scalability by reducing transaction costs and increasing throughput. Launched as an open-source mainnet beta in March 2023, Polygon’s zkEVM technology aims to significantly alleviate network congestion on Ethereum by batching transactions off-chain and posting ...

How Inflation, Interest Rates, and the Stock Market Influence Bitcoin’s Price

While Bitcoin’s value can be driven by cryptocurrency-specific factors, it is also significantly affected by macroeconomic and global events. These events often cause sudden and unexpected price fluctuations, underscoring Bitcoin’s sensitivity to the broader economic landscape. Inflation Recent years have seen a surge in inflation across major economies such as the U.S. and U.K., reaching ...

CME Reportedly Considering Launch of Bitcoin Trading Amid Growing Demand

The Chicago Mercantile Exchange (CME) is reportedly exploring the launch of Bitcoin trading on its platform to leverage the increasing demand for digital assets on Wall Street. According to sources familiar with the matter, CME Group, the world’s largest futures exchange, is in discussions with traders about introducing Bitcoin trading services. This move reflects the ...

Bitcoin Rebounds to $66k as Short-Term Holders Sell at Minimal Profit

Bitcoin’s price has rebounded to $66,000, but short-term holders are selling at near-zero profit levels, according to analysts at CryptoQuant. This price recovery follows lower-than-expected U.S. inflation data, which contributed to the cryptocurrency’s uptick. Despite this rebound, CryptoQuant’s latest research indicates that the growth necessary to sustain a rally has not yet accelerated. The report ...

Eclipse Sees Leadership Change Amid CEO Sexual Misconduct Allegations

Ethereum layer-2 project Eclipse is undergoing a leadership transition following sexual misconduct allegations against its former CEO, Neel Somani. Somani, the founder and now ex-CEO of Eclipse, has stepped down from his position. According to a May 16 announcement from Eclipse Labs, Vijay Chetty will take over as the new CEO “effective immediately.” Eclipse’s announcement ...

Top Platforms for Selling Items and Earning Bitcoin: A Comprehensive Guide

In the rapidly evolving digital marketplace, earning cryptocurrency by selling physical or digital products online has become increasingly accessible. This article delves into the practical aspects of selling goods for Bitcoin and highlights the top platforms that facilitate such transactions. How and Where to Sell Items for Bitcoin As e-commerce continues to thrive, more individuals ...