News Mexico’s apex bank counters billionaire banker’s attempt to start accepting Bitcoin Mexico’s central bank popularly called Banxico has issued a statement that appears to be a counter to billionaire Ricardo Salinas Pliego recent comment that he is making plans for
News Cryptocurrency markets shake off a UK Binance ban, rebounding from lows as yet another Bitcoin ETF enters the fray in the US Hello and welcome to the latest issue of Overbit News. Our first big headline is that Binance, a cryptocurrency exchange, has been barred from functioning in the United Kingdom by
News Iran issues 30 new licenses for crypto mining firms The Islamic Republic of Iran has doled out new permits to mining firms to regulate the mining sector while still maintaining an industry-wide cryptocurrency mining ban. According to a publication
News Largest crypto exchange by trade volume, Binance banned in the UK by the FCA UK’s financial watchdog, the FCA has issued a warning on its official website barring Binance from operating and serving the UK customers. Per the statement, “Binance Markets Limited is
News Bitcoin could be heading for another ‘Crypto Winter,' while A16Z is doubling down on crypto with a $2.2 billion fund. Hello, and welcome to the latest episode of Overbit Insights. Our first story is about Bitcoin's recent slump. New Bitcoin investors were swept up in the excitement of the digital
News After Bitcoin fell below $30k, the market looks to bloom; Chinese payment giant AliPay has launched in-app NFT sales. Hello and welcome to this week's edition of Overbit Round-Up. Our first story is related to Bitcoin continuing to rebound from its lows for the year on Wednesday. The cryptocurrency
News Coinbase unveils Solidify for faster Ethereum smart contract audit American-based global cryptocurrency exchange giant Coinbase has revealed a newer approach to auditing Ethereum smart contracts which it dubs ‘Solidify’. Peter Kacherginsky, who acts in the capacity of principal blockchain
News US Treasury Department nominees pledge to step up new crypto regulations The duo of Brian Nelson and Elizabeth Rosenberg, both nominated for the US Treasury Department positions, have pledged to enforce new anti-money laundering laws focused on cryptocurrencies enacted by Congress
News Host of Mad Money show Jim Cramer says he’s sold all his bitcoins Jim Cramer, popular host of CNBC’s Mad Money show brags that he has sold off all his bitcoins amid the sharp plunge in bitcoin and other cryptocurrency prices that
News Bitcoin Hits 2 Week Low as Mining Ban Continues to Ripple Across Industry Hello and welcome to the latest issue of Overbit News. Adding on top of the mining crackdown fears spreading across China and internationally, the People's Bank of China said on
News Microstrategy’s BTC “fast and furious” race not stopping as it purchases an additional $489 million bitcoins Microstrategy, a business intelligence firm based in the United States led by Bitcoin Bull Michael Saylor has announced it has purchased an additional $489 million worth of bitcoins. Per an
News Charles Hoskinson: Nine times out of ten Ethereum is going to win the fight against Bitcoin IOHK CEO and former Ethereum co-founder, Charles Hosksinson recently pitched Ethereum against Bitcoin where it criticised the latter saying he would choose Ethereum over Bitcoin nine out of ten times.
News Bitcoin Hashrate Plummets to 6 Month Low as China Cracks Down Yet Again Hello and welcome to this week's edition of Overbit Round-Up. The focal point of today's Overbit Roundup will be the ongoing crackdowns in China regarding cryptocurrency mining. These crackdowns have
News ETH 2.0 deposit contract crosses 5.6 million ETH valued at $13.77 billion Eth 2.0, the next phase of the second largest cryptocurrency project has now received up to 5.6 million ETH in its deposit contract, currently valued at over $13.
News Former US presidential advisor Steve Hanke predicts gloom for El Salvador’s adoption of BTC as legal tender The septuagenarian professor of Economics at Johns Hopkins University is the latest academic to wade into El Salvador’ recent BTC adoption as legal tender. In his characteristically fiery takes, Steve
News Paul Tudor Jones: BTC has appealed to me because it is a way to invest in certainty American billionaire hedge fund manager Tudor Jones expresses his delight at diversifying his portfolio by investing in bitcoin. As a result, he became one of the latest prominent portfolio managers
News Bitcoin climbs past $40,000 following Tudor Jones' endorsement; Musk reverses on accepting cryptocurrency Hello and welcome to the latest issue of Overbit News. In this issue, we will cover Bitcoin market sentiment on a macro level. This week, Bitcoin's price jumped over $40,
News EOSIO promoter, Block.one opts for a $27.5 million class-action settlement from COAP Block.one which raised $4.1 billion back in 2018 for issuing more than a year-long EOS ICO has opted to settle for $27.5 million from the class-action lawsuit
News Elon Musk speaks of Tesla reversing its Bitcoin as a payment option in the future Tesla CEO and cryptocurrency proponent, Elon Musk has once again spoken about Bitcoin and the possibility of his automaker company reversing its earlier ban on accepting bitcoin as a payment
News Taproot, the Long-Awaited Bitcoin Upgrade Goes Live; Quantum Computers and Cryptocurrency Hello as always and welcome to today’s edition of Overbit Insights. Though a lot of these stories are dedicated to news around markets, today’s edition kicks off with
News Summer Markets Turns Bullish this Week as Regulators Eye DeFi Derivatives Hello and welcome to this week's edition of Overbit Round Up. Bitcoin, the world's largest cryptocurrency by market value, was up 10.2 per cent as of press time Wednesday.
News About 70,000 crypto trading positions liquidated as bitcoin price momentarily jumps above $37,500 Close to 70,000 crypto trading positions were liquidated within the last 24 hours as bitcoin price shot above $37,500, a rise representing at least 12 per cent appreciation
News El Salvador’s Congress passes bill effectively making Bitcoin a legal tender President Nayib Bukele of El Salvador’s bill proposing to make Bitcoin a legal tender within its territory was successfully passed by a supermajority of the nation’s Congress members
News Bitcoin Price Plummets As The Cryptocurrency Market Gets Wind Of Biden’s Plans To Discuss Crypto At G7 Summit President Joe Biden is making plans to discuss cryptocurrencies at the upcoming G7 Summit. Jake Sullivan, Biden’s National Security Adviser, hinted this in a recent press briefing at the
News US Seizes Funds From Colonial Pipeline Ransomware; Michael Saylor looks to double down on Bitcoin with $400m investment Hello as always, and welcome to today's edition of Overbit News. In a strange turn of events, the United States Justice Department reported Monday that US investigators had recovered millions