"Evolving intelligence" shows Russia amping up for cyber-war in response to Ukraine-related sanctions, the White House said -- but researchers warn that many orgs are not prepared.

Despite the four-month bearish price action, institutions continue to pile drive bitcoin, which might have scared away retail leverage traders. This is because institutions are focusing on longer-term horizons and see the potential for big profits in BTC’s growth over time. The recent large outflow of coins from the U.S.-based crypto exchange Coinbase is evident, according to blockchain analytics firm Glassnode. Related Reading | 82% Of Bitcoin Short-Term Holder Supply Now In Loss, Capitulation Ahead? The recent highly volatile markets have sent bitcoin prices tumbling, with a total of 31,130 bitcoin leaving Coinbase last week. This is the highest single-week outflow since 2017, data tracked by Glassnode. In a weekly newsletter published Monday, Glassnode said;  Large outflows like this one are actually part of a consistent trend in the Coinbase balance, which has been stair-stepping downwards over the last two years. As the largest exchange by BTC balance, and a preferred venue for U.S.-based institutions, this further supports the adoption of bitcoin as a macro asset by larger institutions. The crypto markets have experienced drought over the past week. The Nasdaq-listed exchange’s holding in bitcoin has dropped a four-year low of 649,500 BTC for just the second time since 2018. In addition, the amount of bitcoins held by all centralized exchanges has decreased to 2,519,403 BTC, the lowest number since November 2018. Withdrawal Bitcoins Moved To Inactive Wallets The Coinbase withdrawal may be driving up the price of Bitcoin. The declining exchange balance means fewer coins are available for liquidations on exchanges, which could lead to an increase in demand and push prices higher still – especially since those withdrawals have moved into largely inactive wallets. Additionally, Glassnode said; If we look at the Illiquid Supply Shock Ratio (ISSR), we can see a significant uptick this week. Suggesting that these withdrawn coins have been moved into a wallet with little-to-no history of spending. The ISSR is on an upwards trend, suggesting that these withdrawn coins transferred into a wallet with little-to-no history of spending. Related Reading | Bitcoin Detractor Peter Schiff Lays On What Will Trigger Bitcoin Recovery The current amount of supply held in Illiquid wallets is 3.2x larger than Liquid and Highly-Liquid combined. Meaning that many coins are still trapped there despite the recent bear market conditions. A similar metric to what we saw during the 2018 – 2020’s bear market. Major cryptocurrencies registered mostly small losses on Monday. As the European Parliament’s Committee on Economic and Monetary Affairs voted down a bill. That bill could have outlawed proof-of-work in EU territory. The markets were volatile yesterday as investors waited to hear what the Federal Reserve would do with today’s policy meeting. The NASDAQ100 fell 2%, while SPX500 Index dropped 0.75%. DJ30 closed flat following these declines in stock prices.  The crypto market experienced a mild correction, with Ethereum, BNB, Solana, and XRP losing 2%. Bitcoin also fell slightly 1.6% in value and trading under $40,000 at the time of writing. Featured image from Flickr, chart from Tradingview.com  

Peter Schiff is one of the most vocal bitcoin detractors known to investors. The economist has never been one to hide his disdain for the digital asset and continues to bash it at every chance he gets. This time around, Schiff who has always touted the superiority of other investment forms such as stocks above bitcoin has revealed what he thinks will cause the digital asset to rally upwards again. Bitcoin Needs The Nasdaq As always, Peter Schiff continues to push the usefulness of other assets like stocks over that of bitcoin. In his latest tweet on Twitter, the preferred platform for the economist to share general comments about the financial platform and bitcoin, he has explained a scenario where the price of bitcoin would begin to go up. Related Reading | Bitcoin Shorts Decline On Bitfinex, Players Brace For Upward Trend? Schiff explained that for BTC to once again begin another uptrend, it depends largely on the movements of gold and the NASDAQ. The economists put forward that an increase in the NASDAQ would inadvertently lead to an increase in the price of bitcoin. On the flip side, gold, which is currently one of the digital asset’s fiercest competitors, would need to go down, said Schiff. BTC settles above $39k | Source: BTCUSD on TradingView.com Explaining further, he laid out that the Fed’s success in bringing down the growing inflation rate was pertinent to this. As long as the Fed is able to safely bring the inflation rate back down to 2% and not harm the economy in the process, then the scenario explained above was likely. For this to happen, there needs to be “minimal rate hikes and big cuts to government spending,” the tweet read. But Why Buy BTC? In normal Schiff fashion, the economist did not show any type of support for BTC despite believing that the price would go up along with the NASDAQ. For Schiff, in a scenario like this, there would simply be no need to buy bitcoin, stating “in that scenario why own Bitcoin?” Related Reading | Ethereum Gas Fees Hit 8-Month Lows As Price Continues To Struggle For #Bitcoin to go up the NASDAQ must go up and #gold must go down. For that to happen the #Fed must succeed in bringing #inflation down to 2% without harming the economy, which requires minimal rate hikes and big cuts to government spending. But in that scenario why own Bitcoin? — Peter Schiff (@PeterSchiff) March 14, 2022 Schiff has never been a fan of bitcoin and despite the digital asset’s outperformance over the years, continues to diss it at every turn. In 2020, the economist is noted referring to the cryptocurrency as the “biggest” bubble he’s ever seen. In the same year also making comments that BTC was a “fad” and was on its way down to zero. However, since both of these comments were made, bitcoin has more than doubled in value. Featured image from Decrypt, chart from TradingView.com

The power buyer, which will also step away from plans for an initial public offering, said funding from private investors will allow it to continue expansion into 90 markets by end of the year.

Quest's v38 update is rolling out now, and lays the groundwork for Horizon Home. More details here!

Will U.S. President Joe Biden’s executive order calling for regulatory guidelines around Bitcoin help or hurt the technology?

The announcement was made by the company’s interim president Kevin Ryan via an e-mail to affected staff.

Collaboration between these data security experts lays the groundwork for privacy innovations on a global scale.

(PRWeb March 10, 2022)

Read the full story at https://www.prweb.com/releases/iniciativa_innovacion_mexico_and_implementation_partner_seguridata_sign_a_partnership_agreement_with_sertainty_for_central_american_markets_and_mexico/prweb18539910.htm

The Executive Order on Ensuring Responsible Development of Digital Assets lays the groundwork for clearer U.S. crypto regulations. Here's what people inside the industry are saying about it.

U.S. President Joe Biden has signed a “historic” executive order on crypto assets, establishing “a national policy for digital assets across six key priorities,” the White House stated. The executive order outlines “the first-ever, whole-of-government approach to addressing the risks and harnessing the potential benefits of digital assets and their underlying technology.” President Joe Biden’s […]

Cathie Wood’s funding administration agency ARK Invest has laid daring predictions for Bitcoin and Ethereum in a just lately revealed outlook report Disruptive innovation-oriented funding agency ARK Invest has predicted that Bitcoin’s market capital will attain $28.5 trillion by 2030. The agency’s analyst Yassine Elmandjra famous in its annual analysis report that the worth of […]

The post ARK Invest lays out worth projections for Bitcoin and Ethereum appeared first on Bitcoin Upload.

The post Top 6 Profitable Proof-of-Stake Altcoins For High Returns! Here’s The Watch-List appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Coin Bureau’s host lays out his top selections for proof-of-stake (POS) crypto assets where individuals can earn rewards and passive revenue. Guy, a pseudonymous analyst, says in a new video that he has weighed each of the six coins on his list against five key criteria. The lowest amount to stake, the lockup/unlock period, reducing …