Month: December 2022

Robert Kiyosaki Buying More Bitcoin — Warns SEC Regulations Will Crush Most Cryptocurrencies – Regulation Bitcoin News

Bitcoin.com

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has revealed why he is buying more bitcoin. He warned that the Securities and Exchange Commission (SEC) regulations will “crush” most other cryptocurrencies. Robert Kiyosaki Buys More Read More

Bankrupt Crypto Exchange FTX to Start Letting Customers in Japan Withdraw Funds – Exchanges Bitcoin News

Bitcoin.com

FTX customers in Japan will soon be able to withdraw their funds that are currently frozen due to the bankruptcy process. Two FTX-owned crypto exchanges, FTX Japan and Liquid, are developing a system to allow withdrawals by mid-February. FTX’s Japanese Read More

Challenging Year for Bitcoin Miners as Fewer BTC Mining Rigs Are Profitable at Current Prices – Bitcoin News

Bitcoin.com

Bitcoin miners have had a challenging year as the network’s mining difficulty reached an all-time high and the spot market price of bitcoin dropped below the cost of production. Currently, with electricity costs at $0.07 per kilowatt-hour (kWh), only 18 Read More

China’s Digital Yuan Little Used, Former Central Bank Official Says – Finance Bitcoin News

Bitcoin.com

Trials of the digital yuan have produced disappointing results, according to a report quoting the former head of research at the Chinese central bank. The new form of national fiat has brought no benefits to the banks and should expand Read More

Winners and losers of 2022: A disastrous year that saw few winners among a sea of losers

CoinTelegraph

2022 was supposed to be the year crypto went mainstream, with a significant chunk of traditional venture capital firms betting heavily on the ecosystem in 2021. However, with one disaster after another, 2022 turned out to be a catastrophic year Read More