Illiquid supply ‘going up relentlessly’ — 5 things to watch in Bitcoin this week
It may have dropped to six-month lows, but Bitcoin is still the subject of an increasing supply squeeze. Bitcoin (BTC) is starting the final week of January in a place…
Russian tech and political executives denounce crypto ban proposal
Telegram CEO Pavel Durov wrote that the proposed ban on crypto would “destroy a number of sectors of the high-tech economy” in a recent post on his massaging platform. Russia’s…
Crypto YouTubers fall victim to hacking and scamming attempt
Many of the affected accounts noticed the fraudulent videos and removed them from their channels within minutes of them being posted. Hackers attacked a number of popular crypto YouTuber accounts…
UBS Warns of Crypto Winter Amid Expectation of Fed Rate Hikes and Regulation
UBS, Switzerland’s largest bank, has warned about a crypto winter where prices crash and may not recover for years. The bank’s analysts explained several major reasons affecting the prices of…
Biden Administration Preparing to Release Government-Wide Crypto Strategy: Report
The Biden administration is reportedly drafting a government-wide cryptocurrency strategy as an executive order. The directive is expected to be presented to President Joe Biden in the coming weeks. The…