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Bitzlato halts Bitcoin withdrawals amid co-founder’s guilty plea & legal turmoil. Bitzlato has experienced seizures to partial restoration amid DOJ allegations. Memeinator’s MMTR Presale has raised over $2.57 million as stage 10 nears its end. In a surprising turn of events, cryptocurrency exchange Bitzlato has temporarily suspended all Bitcoin withdraw als following its co-founder’s guilty plea and the subsequent decision to dissolve the platform. As legal battles unfold, users find themselves in uncertainty over the fate of their assets. Meanwhile, in the crypto space, Memeinator is offering a potential alternative investment opportunity with its ongoing MMTR presale , aiming to redefine the meme coin market. Bitzlato’s turmoil: co-founder’s guilty plea and asset seizures Bitzlato’s co-founder, Anatoly Legkodymov, recently pled guilty to operating an unlicensed money services business, leading to the dissolution of ...

A 30-day Exponential Moving Average of the number of Bitcoins that are “in profit” – i.e. were acquired at a time when the BTC price was lower – hit a 2- month high on the 19 th of January, according to crypto data and on-chain analytics firm Glassnode. In wake of the latest Bitcoin rally that has seen the world’s largest cryptocurrency by market capitalization regain the $21,000 following a near 30% rally since the start of the month , Glassnode’s 30-day EMA of Bitcoin Supply in Profit rose to over 10.5 million coins. That’s its highest since last September. At present, there are 19.27 million Bitcoins in circulation of a total 21 million that can ever be mined. As a result, the Supply in Profit Trend is now positive, says Glassnode. “During positive market trends, the volume of BTC supply that was acquired at lower prices tends to increase, putting more supply into an unrealized profit,” the crypto analytics f...

Source: AdobeStock / Photocreo Bednarek The shares of Bitcoin (BTC) mining firm Hive Blockchain (HIVE) are up more than 100% since the year began, while it just recently deployed its first machines based on Intel 's (INTC) Blockscale chips. Between Tuesday, January 3 and Friday, January 13, 2023, HIVE shares jumped 104.6%.  On January 3, a share stood at $1.53, while just 10 days later, it went up to $3.13. The highest point reached since the year began was $3.18 seen on January 12.  Hive Blockchain Technologies Ltd. Common Shares (HIVE), year-to-date: Source: nasdaq.com Meanwhile, on Friday, the miner announced its commercial deployment of the HIVE BuzzMiner powered by the Intel Blockscale ASIC, "after months of planning, engineering development, implementing factory QA processes, field testing and global collaboration." Per Executive Chairman Frank Holmes, HIVE is the first public crypto miner to deploy its own ASIC mining rig. He added that, "...