CoinTelegraph

Efforts to keep Bitcoin mining operations afloat may end up pushing the spot BTC price even lower.

On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss why Bitcoin whales are accumulating right now and why this could be significant.

Dollar weakness shows instant results for BTC price strength, with local highs coming back in for a test.

The transaction included 56 machines from Tao Bitcoin, a regional operator in the south of the United States.

While miners stand to be significantly affected by the current power crisis, there is still some hope that the prevailing macro conditions could work in favor of the crypto industry.

Industry insiders believe South Africa’s move to classify cryptocurrencies as financial products could drive the adoption and legitimacy of the sector.

As WhatsApp goes down once again, there are a number of alternative platforms that are popular alternatives in the cryptocurrency space.

In an exclusive interview with Cointelegraph, U.K. Member of Parliament Dr. Lisa Cameron said there is a “vision” that the U.K. will become an international hub of crypto and digital assets.

Bitcoin’s growing correlations with gold, S&P 500 and Nasdaq 100 indicate that investors see BTC as a “relative safe haven,” BofA strategists wrote.

Despite the reports surfacing of low numbers of unique active wallets on Decentraland, the metaverse hype, investment and development go on.

The program was launched after Decentral Bank, the issuer of NEAR-native stablecoin USN, raised concerns about the stablecoin depegging due to algorithmic failure.

There’s every reason to be bullish on BTC on shorter timeframes as months of volatility compression look set to stop.

Project Genesis 2.0 continued the joint effort of exploring blockchain opportunities for green investments.

IRS broadens the classification of crypto, Ripple gets another point in a case against SEC, and Hong Kong considers its own regulatory framework in opposition to China.

The concept of an inflation-linked “stablecoin” has been trialed before, but time is yet to prove whether it is working as intended.

Kim Seo-joon’s company Hashed had $3.6 billion wiped since Luna Classic’s April high — with the mental effects of the Terra collapse hospitalizing Seo-joon since July.

The Australian securities regulator is pursuing BPS Financial Pty Ltd for allegedly making false and misleading representations, and engaging in unlicensed conduct.

Critics have called out the SEC’s “regulation by enforcement” tactics, but to some investors, it’s a positive sign they’re seeing to invest in digital assets.

Despite the ongoing bear market, family offices and high-net-worth individuals in Hong Kong and Singapore are keen to invest in crypto or already have holdings.

In an open letter, Altimeter Capital’s CEO and founder recommended the tech giant cut its Metaverse investments from $10-15 billion a year to $5 billion.

Apple has published rules for NFTs for the first time while clarifying rules around cryptocurrency payments and crypto exchanges.

Ethereum became deflationary after its September Merge. But for now, it’s not going to make much of a difference.

Law enforcement will need to “continually evolve” in order to keep pace with criminals, Australia’s federal police said.

Private keys and hardware sub-sectors will drive the BTC payment expansion as demand from banks and emerging economies continue to grow.

Digital asset investment products recorded $5 million worth of cumulative weekly outflows in what CoinShares describes as an “apathetic period.”

Meanwhile, the minting volume of nonfungible tokens have been declining steadily.

The new leader of the world’s sixth-largest economy is the former chancellor of the exchequer and is said to be richer than King Charles; he is also a firm crypto supporter.

The five-year plan includes tokenizing various classes of digital assets and smart contracts.

The electric vehicle maker’s actual BTC losses are far lower, with $64 million worth of previously realized profits to offset the decline.

Volatility is closing in, but traders may have to wait until the end of the year if history repeats itself, one analyst warns.