Crypto

The Reserve Bank of Zimbabwe’s first gold-backed cryptocurrency sale has been a success.

The seller even got help from Bitcoin founder Satoshi Nakamoto, though it’s still up in the air whether the artist actually made the “sale.”

The SEC originally wanted LBRY to pay millions of dollars in penalties, but now concedes the defunct firm can’t pay up that amount.

Convicted buyers have bought up cheap Bitcoin as prices fell over the course of last year.

While most coins are reeling under pressure, Bitcoin and select altcoins such as ADA, ATOM, LDO, and ARB are showing promise.

Bitcoin may be up 7.5% since Friday, but BTC price action is not giving everyone cause for positivity.

The price of Bitcoin can fall to $15,000 in 2023 if its strengthening correlation with certain macro charts is any indication.

The United States Congressional Budget Office (CBO) has predicted that the U.S government’s annual deficits will “nearly double over the next decade.”

Memecoins can be used as a form of currency, although their acceptance and stability may vary.

Crypto mining firm Riot Platforms is seeking to terminate “certain hosting agreements” with Rhodium Enterprises and be relieved of refunding any outstanding power credits.