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Bitcoin faces Mt. Gox ‘black swan’ as trustee prepares to unlock 150K BTC

Bitcoin (BTC) faces a new selling threat in the near future as users of defunct exchange Mt. Gox prepare to get their BTC back.In fresh correspondence dated July 6, attorney Nobuaki Kobayashi, appointed trustee in Mt. Gox rehabilitation process, confirmed that he was "preparing to make repayments" to account holders.Cash,

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Colombian Financial Superintendence Prepares Norms for Crypto Transactions – Regulation Bitcoin News

The Colombian Financial Superintendence, the securities and financial watchdog of the country, is working on a document to regulate the transactions and operations made using cryptocurrency assets in the country. The organization announced that it will present the document in the coming weeks, which will issue norms for the treatment

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Ethereum Prepares For Ropsten Testnet Merge As Token Struggles To Hold $2k Support

The Ethereum 2.0 update is generating a lot of buzz and interest, and we’re getting closer to its launch than ever before. Ethereum 2.0 Goes To Testnet Testing for Ethereum’s long-awaited Merge is progressing, though not at the rate that many had hoped. Testing on Ropsten, Ethereum’s largest and primary testnet, which

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Cardano Prepares For Update, Will It Be Enough To Push Bears Back?

The Cardano network is preparing for its upcoming Hard Fork Combinator (HFC) event “Vasil”. The cryptocurrency has been undergoing several updates and optimizations but continues to follow the general market sentiment. Related Reading | ADA On Discount? Cardano Whales Go On $200M Shopping Spree In fact, Cardano (ADA) price has been trending downside

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Iran Will Not Allow Crypto Payments, Prepares to Pilot Digital Rial – Finance Bitcoin News

Iran will not recognize cryptocurrencies as a means of payment, a high-ranking government official has indicated. His statement came as the Central Bank of Iran announced rules for the issuance of digital coins in the country. These are meant, however, for its own “crypto rial,” the pilot phase of which

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Georgian central bank prepares legislation to regulate the crypto market

Georgia, the country on the Black Sea, is preparing to regulate its cryptocurrency market. National Bank of Georgia Governor Koba Gvenetadze told The Financial on Monday that the central bank has already developed draft regulatory legislation in accordance with the requirements of international agencies.Gvenetadze said the size of the Georgian

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Astar (ASTR) price doubles as the network prepares to add 15 new projects in April

Following the successful completion of its initial parachain auctions, the Polkadot (DOT) ecosystem has begun to gain traction with the cryptocurrency community as the first chains begin to come online and integrate with Ethereum (ETH). Astar (ASTR) is one such Polkadot-based project that finished off the month of March on a

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Limiting Proof-of-Work Crypto Back on the Table as EU Parliament Prepares Virtual Currencies Vote

The new draft, reviewed by CoinDesk, has a similar provision though significantly toned down from the original. It says that crypto assets "shall be subject to minimum environmental sustainability standards with respect to their consensus mechanism used for validating transactions, before being issued, offered or admitted to trading in the

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ETH Prepares for Rally, While BTC Seeks Support – Market Updates Bitcoin News

Bitcoin remained under the $40,000 level on Sunday, as bears continued to pressure cryptocurrency markets. This pressure also kept ethereum lower, with the world’s second-largest crypto hovering around its long-term support level. Bitcoin Sunday saw the price of bitcoin (BTC) trade lower for a fifth consecutive session, as it was unable to

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