Bitcoin price correction was overdue — Analysts outline why the end of 2023 will be bullish
11 Feb 2023
335 Views

BTC and the crypto market will continue to battle with strong headwinds, but analysts explain why Q3 and Q4 of 2023 could turn out well for Bitcoin. Bitcoin price and the wider crypto market corrected at the start of this week, giving back a small portion of the gains accrued in January, but it’s safe to…

Ethereum co-founder Joe Lubin says no chance ETH is classed as security
10 Feb 2023
310 Views

The ConsenSys founder and Ethereum co-founder said it’s as unlikely as ride-sharing service Uber becoming illegal. Ethereum co-founder and crypto entrepreneur Joseph Lubin is confident that Ether won’t be classified as a security in the United States. Cointelegraph spoke with Lubin, Ethereum co-founder and founder of blockchain tech firm ConsenSys, in Tel Aviv at the Web3…

Banks under pressure from U.S. authorities to cut ties with crypto firms
10 Feb 2023
347 Views

United States authorities are allegedly discouraging banks from offering services to the crypto industry. United States authorities appear to be resurrecting past techniques to crack down on crypto firms and banks offering services to the industry, several sources told Cointelegraph. The alleged strategy consists of isolating the traditional financial system from the crypto market by…

Crypto and securities: New interpretation of US Howey test gaining ground
10 Feb 2023
312 Views

Lewis Cohen headed a team researching Howey-related case law to propose an application that differentiates between primary and secondary transactions. The crypto community celebrated a victory in court on Jan. 30 when the United States Securities and Exchange Commission (SEC) admitted in the remedies hearing of the LBRY case that secondary sales of its LBC…

Bitcoin price more correlated to FTX developments than macro events: Research
10 Feb 2023
375 Views

While inflation has an effect on the price of Bitcoin, researchers were bewildered by bitcoins resilience to other macroeconomic factors. The collapse of FTX and related developments did more to pull up or push down the price of Bitcoin throughout Q4, compared to macroeconomic events such as rate hikes, according to research. In a “State of…

What is decentralized storage, and how does it work?
09 Feb 2023
431 Views

Explore the concept of decentralized storage in this informative guide. Learn about the functioning and advantages of a decentralized storage network. Businesses face several problems when storing data on-premises. There are steep technical and cost issues in scaling infrastructure up and down, and maintaining storage area networks is a challenge. One also has to deal…