Russia to seize retail deposits if sanctions go too far, official warns
Russia’s largest bank, Sberbank, has denied its own supposedly false statement on being included in the U.S. sanctions list on Thursday.
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FTX CEO weighs in on Bitcoin market outlook amid Ukraine crisis
Bitcoin’s correlation with the U.S. equity market could be one reason for its current decline, but Eastern European money destabilization could push BTC as “crisis” hedge.
Miners Have Moved 30% of Their Equipment Out of Kazakhstan, Industry Organization Claims
Authorized crypto mining businesses have already taken a third of their coin minting hardware out of Kazakhstan, according to the country’s mining association. The news comes amid electricity shortages and…
Hedge fund report says Bitcoin price is ‘at a relatively inexpensive place’
A recent report from Pantera Capital said moves in the debt market and the Fed’s shifting monetary policy could be the fodder that fuels Bitcoin’s next monster rally.
Crypto community welcomes Ethereum zkSync testnet
The platform plans to scale up with a framework that allows for rapid growth without sacrificing the security and decentralization of Ethereum.
Bank of Spain Governor Warns About Traditional Banking’s Exposure to Crypto Assets
The Governor of the Bank of Spain has alerted the public about the risks mixing traditional banks with crypto assets might bring to the economic system. Pablo Hernández de Cos…
Mexican senator to propose crypto law: ‘We need Bitcoin as legal tender’
Indira Kempis, a senator representing the Nuevo León state in Mexico, is working on a crypto bill based on El Salvador’s Bitcoin Law.
Canada to host Bitfury’s new 28MW crypto mining facility
The new crypto mining facility in Sarnia, Ontario is expected to operate at 16 megawatts by the end of this month and will be scaled to operate at 28 MW…
Kazakhstan Cracks Down on Illegal Mining, Busts 13 Crypto Farms
Authorities in Kazakhstan have gone after illegal crypto mining operations amid ongoing issues with electricity supply. Working together with law enforcement, the country’s energy ministry announced the closure of over…
Bitcoin price could ‘probe lower’ as volumes dip and macroeconomic issues loom overhead
BTC price is holding slightly below $38,000, but analysts warn that mounting macroeconomic issues and a lack of buyers could lead the price to “probe lower.”
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