Author name: Peter

Five Factors Making Bitcoin Miners Unique Energy Consumers

Bitcoin miners can be used as energy tools to solve many energy problems. This opinion editorial is by Jaran McLean, an analyst at Arcane Research, focusing on Bitcoin mining. Many people view bitcoin miners simply as another energy-intensive business. But there's one major difference. Bitcoin miners have unique flexibility regarding where and when they consume […]

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US Treasury Clarifies How to Comply With Regulations on Sanctioned Crypto Mixing Service Tornado Cash

The U.S. Department of the Treasury answered questions about regulatory compliance in relation to Tornado Cash, which is a recently sanctioned cryptocurrency mixer. These answers cover how to withdraw crypto, complete transactions using Tornado Cash before its sanction, and how to deal "dusting" transactions. Treasury Department Publishes Tornado Cash FAQs Tuesday's frequently asked questions were

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US Senator Wants Congress to Step in With Crypto Guidance — Urges SEC to Provide Much More Clarity on Regulations

U.S. U.S. Senator Pat Toomey believes Congress should provide a regulatory framework to cryptocurrency. He stated that the U.S. Securities and Exchange Commission is not sharing its regulatory framework for crypto with lawmakers and that Chairman Gary Gensler "owes them much more clarity about how and why he intends" to apply SEC regulations. US Senator

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Thai SEC Proposes Banning Crypto Businesses From Staking and Lending Activities

The Thai Securities and Exchange Commission has proposed that businesses be prohibited from participating in crypto staking and lending activities. The regulator seeks public comments about the proposal. It notes that this prohibition is intended to provide greater protection for investors and lower associated risks strong> Thailand Calls for Public Comments on 2 Crypto Regulatory

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White House Releases ‘First-Ever’ Framework for Digital Asset Development — Crypto Industry Leader Says Recommendations Are Unclear

Just six months after U.S. president Joe Biden issued an executive order regarding the same issue, the White House now has its "first-ever comprehensive framework" for responsible development of digital assets. One leader in crypto has expressed concern at the White House's lack of clarity and understanding about the technology. Reaffirming the United States' Leadership

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Examiner Appointed to Celsius Bankruptcy Case, Crypto Lender Files for Access to $23M in Stablecoins

A recently leaked recording reveals that the company is trying to save the company from financial ruin. A Southern District of New York bankruptcy judge appointed an independent examiner to look into the company's finances following the leak. According to court filings submitted Thursday, Celsius also wants to sell stablecoins worth $23,000,000 Celsius Revival Plan:

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Bitcoin, Ethereum Technical Analysis: ETH Nears 2-Month Low, as Post-Merge Sell-Off Continues

On Saturday, Ethereum fell further as the post-Merge selloff intensified to begin the weekend. The prices of the second-largest cryptocurrency in the world fell to their lowest level since July. However, bearish sentiment remained high. Bitcoin traded below $20,000. Bitcoin Bitcoin (BTC), which was trading at $20,000, had a bearish sentiment to begin the weekend.

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