Im französischen Parlament wird die Aufhebung einer Lockerung verhandelt, die Krypto-Unternehmen schon bald zur Einholung von Lizenzen verpflichten würde.
Bitcoin whales gorge on another $726 million worth of BTC
- Bitcoin wallet addresses with 100 to 10,000 BTC bought another $726 million worth of coins in 9 days.
- The sharks and whales activity highlight the continued accumulation of BTC as market navigates the recent FTX- fueled crash.
- Bitcoin price rose to highs of $18,385 on Tuesday, before retreating late Wednesday following US central bank interest rate hike.
Bitcoin rallied well above $18,000 this week as the crypto market moved higher amid exuberance in the risk asset market over cooling inflation in the US.
The flagship cryptocurrency hit highs of $18,385 ahead of Wednesday’s 50% rate hike from the US Federal Reserve.
While the Fed Chair Jerome Powell’s hawkish remarks helped dampen sentiment to push BTC below $18k again, the crypto remains poised for a fresh upside given bulls’ holding of prices above the key support base established in the aftermath of the FTX implosion.
Whales continue to buy the dip
Bitcoin’s retreat from $18,385 suggests bulls might have to rely on the buffer at $17,200 – the immediate resistance level that’s likely to act as a key support base. Below that, bears could target $15,700.
Despite the rejection at intraday highs above $18,300 seen this week, its likely bitcoin will look to retest the price level given its strong fundamental outlook.
According to o-chain data shared by market platform Santiment, more bitcoin sharks and whales have scooped coins this past week. This happened amid the FTX fallout and as the firm’s data shows, addresses holding 100 to 10,000 BTC have added over $726 million BTC in just nine days.
🤯 Breaking: #Bitcoin’s addresses holding between 100 to 10,000 $BTC have bought $726m in $BTC the past 9 days. Meanwhile, #stablecoin assets like $USDT, $BUSD, & $DAI are also being bought quickly. This is a recipe for good things. Read all about it. 👉 https://t.co/H0G6oJhWFp pic.twitter.com/lOKPAfzZNO
— Santiment (@santimentfeed) December 15, 2022
About 15,900 wallet addresses in this category hold 8.5 million bitcoins worth over $149 billion (at current prices).
Notably, it adds to the accumulation seen since Bitcoin price registered a sharp decline on news of FTX’s implosion in early November.
As well as whales and sharks, shrimps and crabs have also been grabbing some alpha. The two wallet cohorts have aggressively been buying BTC. As we highlighted here, the group has added more than 96,000 BTC worth over $1.6 billion in 30 days.
The post Bitcoin whales gorge on another $726 million worth of BTC appeared first on CoinJournal.
Gläubiger bietet insolventer Mining-Firma Core Scientific weiteren großen Kredit
B. Riley mahnt, dass das Mining-Unternehmen seine Misere selbst verschuldet hat, aber will trotzdem beim Kampf gegen die Insolvenz helfen.
Microsoft bans cryptocurrency mining on its online services
- Microsoft users will require pre-approval from the firm to mine crypto using Microsoft Azure.
- Microsoft is taking measures to increase the stability of its cloud services.
- Microsoft introduced the new restrictions as part of its universal license terms of Microsoft Online Services.
Cloud computing giant Microsoft has introduced new restrictions on activities like cryptocurrency mining and users will now require a written pre-approval from the company to be allowed to use Microsoft Azure for mining cryptocurrencies. The new restrictions are aimed at increasing the stability of its cloud services.
Microsoft updated its ‘Acceptable Use Policy’ on December 1 noting that “mining cryptocurrency is prohibited without prior Microsoft approval.” Users will therefore be required to get pre-approval from Microsoft to be allowed to use any Microsoft Online Services for cryptocurrency mining.
According to a report by British technology news agency The Register, Microsoft quietly banned crypto mining from its online services to protect its clouds and customers. The move comes amid a declining crypto market after the FTX debacle.
Microsoft stated:
“We made this change to further protect our customers and mitigate the risk of disrupting or impairing services in the Microsoft Cloud.”
Permission to mine crypto for research and testing
While the company introduced restrictions on crypto miming Microsoft Online Services, it also noted that it may consider permission for mining cryptocurrencies for research and testing purposes.
Microsoft Online Services is a key component of the firm’s software-as-a-service strategy. The online services include the Microsoft Azure cloud computing network, which users use for cryptocurrency mining. Microsoft had previously experimented with launching Ethereum Blockchain as a Service on Azure sometime in 2015 before quietly terminating the Azure Blockchain service in September last year.
Cloud computing providers increasingly banning crypto mining
By adopting the new cryptocurrency mining restrictions, Microsoft joins other major cloud computing providers in banning crypto mining activities. Google prohibits engaging in crypto mining without prior written approval from Google. Digital Ocean also requires customers to get written permission for mining.
Other providers like Oracle have completely banned crypto mining on their cloud.
The post Microsoft bans cryptocurrency mining on its online services appeared first on CoinJournal.
FTX-Anhörung im US-Senat: Viele Forderungen nach Regulierung und Krypto-Kritik
„Kryptowährungen kann man nicht stoppen, es sei denn man setzt drakonische, autoritäre Maßnahmen durch“, so Senator Pat Toomey.