Bitcoin News

Bitcoin Unaffected by Hong Kong’s Hang Seng Meltdown
Analysts says the market crash in Hong Kong is being driven by regulatory not monetary policies, which is why the contagion has not spread to crypto.

First Mover Asia: A Taipei Executive Believes GameFi Can Fix Gaming’s Creative Drought; Bitcoin, Ether Are Flat in Light Trading
See Wan Toong, the CTO of Red Door Digital, a Taipei-based studio building out Web 3 games, believes games can be creative and lucrative; major cryptos were mixed with prices of some rising slightly and others falling.

Market Wrap: Cryptos Decline After Rejection of EU Bitcoin Proposal
BTC trading volume is low as investors position themselves for a busy week.

How Much Electricity Does Bitcoin Mining Actually Use?
Christine Lee presents data illustrating the environmental impact of the Bitcoin network, looking specifically at global energy consumption and regional carbon emissions. As regulators often target cryptocurrency ESG concerns, Lee highlights areas of the world where bitcoin mining uses emission-free electricity.

EU's Sweeping Crypto Regulations Package One Step Closer to Ratification
The proposed MiCA framework was voted through without a contentious provision seeking to limit the use of proof-of-work crypto.

How the Russia-Ukraine War Could Lead to a New Monetary System
With most of the world imposing economic and trade sanctions against Russia for their actions in Ukraine, Credit Suisse strategist Zoltan Pozsar believes that this could be the catalyst for an “outside money” financial system. “The Hash” crew discusses bitcoin as a competitive currency to the dollar and the potential for a new monetary system.

Crypto Funds See Their First Outflows in 7 Weeks: CoinShares
Both bitcoin and ether vehicles saw a sizable exit of money, according to the report.

Bitcoin Below $39K After EU Vote on Crypto Regulation
The cryptocurrency was little changed Monday and is up 2% over the past week.

Bitcoin Range-Bound Above $35K-$37K Support; Resistance at $40K
The sideways price range could result in higher volatility over the next two weeks.


