Sweden Needs Power for More Useful Things Than Bitcoin Mining, Energy Minister Says

Concerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, the country’s energy minister has indicated. Swedish bitcoin minting industry, a leader in Europe,... Read more »

Bitcoin hodling activity resembles previous market bottoms: Glassnode

The majority of Bitcoin has been “hodled” for at least three months in behavior bearing a striking resemblance to previous Bitcoin market bottoms, says blockchain analytics firm Glassnode. In a July 16... Read more »

US and UK to Deepen Ties on Crypto Regulation, Says British Regulator

Britain’s top financial regulator, the Financial Conduct Authority (FCA), says the U.S. and U.K. will deepen ties on crypto regulation. “In the past, innovative firms would have been pleading for less regulation.... Read more »

Mixer usage sees all-time high thanks to nation-affiliated cybercriminals

Crypto mixer usage reached an all-time high in 2022 with a significant contribution from sanctioned entities and cybercriminals with known state affiliations, according to Chainalysis‘ recent report. The numbers show that the... Read more »

Cat spoils Bitcoin node during price crash with ‘dirty protest’

A Bitcoin node is a pivotal piece of the Bitcoin (BTC) protocol. For bad actors, attacking nodes and bringing them offline is a sound strategy to undermine the network’s resilience. For one... Read more »

South African Crypto Investors and Service Providers Told of Legal and Tax Implications of Central Bank’s Plan

South African tax consultancy firm Tax Consulting SA, has said the recent announcement by the central bank — that will start to regulate cryptocurrency in 12 to 18 months — has legal... Read more »

GameFi sector down, but not out

While the Web3 GameFi sector continued to bleed users in June and see funding rounds slashed, several popular games have kept their token prices and user numbers relatively stable. Additionally, game platform... Read more »

Bitcoin hodlers will ‘soon see why’ $21.6K BTC price pump is fake — trader

Bitcoin (BTC) spiked to one-week highs on July 17 amid warnings that traders should not trust current BTC price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Binance inflows see multi-week high... Read more »

Sri Lanka’s Central Bank Warns About Crypto Amid Severe Economic, Political Crisis

Sri Lanka’s central bank issued a warning regarding the use of cryptocurrencies amid a devastating economic and political crisis. The central bank stressed that it “has not given any license or authorization... Read more »

Celsius is bankrupt with $1.2B balance sheet hole, Su Zhu returns to Twitter and OpenSea purges 20% of employees: Hodler’s Digest, July 10-16

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much... Read more »