In a legal battle that has been simmering since last year, the cryptocurrency exchange Gemini has taken its dispute with digital asset lender Genesis to court over the rightful ownership of $1.6 billion in Grayscale Bitcoin Trust (GBTC) shares. Gemini’s lawsuit, filed in the US Bankruptcy Court Southern District of New York, seeks to regain […]
Nadex Self-Certifies SHIB Cryptocurrency Touch Bracket Contracts. Date 31/10/2023. Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as …
The Solana (SOL) price enjoyed a positive October and reached a new yearly high of $39.36 today. During the increase, SOL broke out from the crucial long-term horizontal resistance area at $28. Solana Moves Above $30 Resistance Area The SOL price broke out from a long-term descending resistance trendline in July. After validating it as […]
The US Government Accountability Office (GAO) said the US Securities and Exchange Commission (SEC) illegally directed banks to include customers’ crypto holdings on their balance sheets. The GAO ruled that the Staff Accounting Bulletin 121 (bulletin) should have followed due process for new rules as outlined in the Congressional Review Act (CRA). The GAO overruled […]
TL;DR PlanB highlights November as a key accumulation period for Bitcoin before the April 2024 halving, emphasizing that the six months leading up to and 18 months post-halving are significant for market dynamics. He believes that the scarcity resulting from each halving drives Bitcoin’s price. Past Bitcoin halvings have typically been followed by price surges, […]
Prominent crypto analyst has addressed crypto community with important message
Two of the CFTC’s crypto tipsters scored $15 million alone which brought successful enforcement cases for the regulator.
October 31, 2023 – Victoria, Seychelles Bitget, top crypto derivatives and copy trading platform, has announced the start of a series of events and videos at the end of October to celebrate the 15th birthday of the Bitcoin Whitepaper’s release. The event will be hosted on both online and offline venues, including street performances of […]
Today is fifteen years from the date of the publication of the Bitcoin whitepaper. A lot has happened in that fifteen years. Bitcoin went through the blocksize war. A nation state has adopted Bitcoin. We are possibly on the verge of a Bitcoin ETF approval. Bitcoin in almost every way is nothing like it was […]
The price of Bitcoin might be losing bullish momentum in the short term, but on higher timeframes, the cryptocurrency is likely to extend its current rally. At least, this is part of what we spoke with Dave Weisberger, co-founder and co-CEO at CoinRoutes, a liquidity and algorithmic trading tool provider for the crypto market. As […]
Crypto exchange Bittrex received the green light from the US bankruptcy court yesterday (Monday) to shutter its US operations. The Judge also approved the exchange’s liquidation plan to repay its remaining creditors. Bittrex Shuts in the US Bittrex filed for bankruptcy protection in May after the US Securities and Exchange Commission brought charges against the […]
Memeinator is a groundbreaking project in meme coins and cryptocurrency investments. Inspired by the Terminator movies, Memeinator arrives back here …
Ripple, the company behind the XRP cryptocurrency, is set to unlock 1 billion XRP tokens from its escrow system on November 1. This is part of a monthly routine that will last until April 2027, when all 55 billion XRP tokens held by Ripple will be released. The 1 billion XRP tokens, worth about $550 […]
TL;DR XRP’s Performance: Ripple’s XRP recently surpassed the $0.60 mark, the highest level in 11 weeks. This surge is attributed mainly to the favorable progress in the Ripple-US SEC lawsuit and the rediscovery of advice from legal scholar Joseph Grundfest cautioning the SEC against suing Ripple. Market Context: XRP’s rise stands out as most major […]
The CEO of asset management giant VanEck says that conditions are becoming ultra favorable for crypto as 2024 comes into view. In a new interview on the Empire podcast, Jan van Eck says that Bitcoin has most likely established itself as the main alternative to gold, and is giving bulls the opportunity for a “close […]
U.S. Securities and Exchange Commission Chair Gary Gensler today wished Bitcoin a happy birthday by using Halloween to poke fun at the cryptocurrency’s creator. In a Tuesday Twitter post, the top regulator also told crypto companies to comply with securities laws. Fifteen years ago, the pseudonymous Satoshi Nakamoto published the Bitcoin white paper, Bitcoin: A […]
USDC stablecoin issuer Circle will discontinue support for legacy consumer accounts, the company said on Tuesday. The USD Coin token is a U.S. dollar-pegged stablecoin, meaning that Circle maintains $1 in reserves—in cash or cash equivalents—to back each of the $25 billion worth of tokens in circulation. USDC is the second-most popular dollar-backed stablecoin behind […]
Stanley Druckenmiller originally disclosed his Bitcoin buy back in 2020
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The Invesco Galaxy Bitcoin ETF (BTCO) now appears on the clearing house’s site but doesn’t indicate an impending approval.