Bitcoin mining firm Core Scientific filed a disclosure statement for its third-amended bankruptcy recovery plan on Monday, which incorporates key terms from its Restructuring Term Sheet filed in late October. The new filing features a concrete timeline for how the firm will gain support for the plan from key stakeholders and emerge from bankruptcy before […]
A Bitcoin whale has embarked on a massive selling spree, offloading 411 WBTC worth $15.2 million
Bitget has abandoned its pursuit of a Virtual Asset Trading Platform license in Hong Kong. This decision is attributed to factors related to the crypto exchange’s business and the digital asset landscape, the company said in its official statement today (Monday). Bitget’s Hong Kong division, BitgetX, will cease operations by December 13, 2023. After this […]
Crypto exchange Bitget has abandoned plans for a crypto license in Hong Kong, asking users to withdraw their assets by Dec. 13.
The cross-border nature of typical cryptocurrency transactions makes transfer pricing analyses critical to ensuring compliance with local …
A crypto expert has disclosed a bullish outlook for the XRP price during the upcoming bull run, highlighting XRP’s advantage over other altcoins due to its lack of ties with China’s CCP. Crypto Influencer Predict XRP Bull Success A crypto influencer on X (formerly Twitter) called BoringSleuth has expressed his sentiment about XRP’s potential success […]
A trader who nailed the top of the 2021 Bitcoin (BTC) bull market believes rallies are in sight for Ethereum (ETH) and one additional altcoin. Pseudonymous analyst Pentoshi tells his 711,700 followers on the social media platform X that Ethereum looks poised to take out a resistance level that has held for over a year. […]
In a noteworthy shift from their historical stance against regulation, the non-government organization “Bitcoin Argentina” has presented a draft bill proposing a novel strategy to regulate the cryptocurrency market. The proposal stands out for its emphasis on maintaining the core principles of blockchain while addressing concerns related to malicious actors in the industry. Key Features […]
The 118-day Hollywood actors’ union strike ended with an agreement on AI usage, though not everyone in the industry sees it as the right move.
Top Stories This Week CME overtakes Binance to grab largest share of Bitcoin futures open interest Bitcoin’s futures market is showing an interesting shift as global derivatives marketplace the Chicago Mercantile Exchange (CME) has surpassed Binance in terms of Bitcoin futures open interest. This change occurred after Bitcoin exceeded the $37,000 mark for the first […]
Binance’s dominance over the centralized crypto exchange market has weakened over the past year, according to a new report from 0xScope. Estimates from the blockchain analytics firm suggest that Binance’s trading volume and other indicators are “around 10% lower overall,” while competition from OKX and other “second-tier exchanges” grows stiffer. Binance’s Second Tier Competitors Per […]
… cryptocurrency's substantial role in the region. However, it's vital … cryptocurrency. The coexistence of a booming fintech sector and the …
Bitcoin price is correcting gains from the $38,000 zone. BTC is now consolidating and might aim for more upsides above the $37,250 resistance zone. Bitcoin started a downside correction from the $38,000 resistance zone. The price is trading near $37,000 and the 100 hourly Simple moving average. There is a short-term declining channel forming with […]
A trader who continues to build a following with timely Bitcoin (BTC) calls thinks the crypto king may rally to $60,000 quite soon. Pseudonymous analyst DonAlt tells his 507,100 followers on the social media platform X that BTC could see furious rallies in the coming weeks. The analyst says BTC’s chart looks primed to go […]
The CNMV’s head reiterated that networks are responsible for taking measures against investment promotions by unlicensed entities.
Best-selling finance author Robert Kiyosaki is doubling down on Bitcoin (BTC) and gold, and says governments no longer care about their people. In a new thread, Kiyosaki tells his 2.4 million followers on the social media platform X that investors should be stockpiling hard assets like BTC to defend themselves. “I keep buying more gold, […]
Celestia’s TIA token has surged 122% since launch. It’s crucial for blockspace payment, governance, proof-of-stake, and bootstrapping new rollups on the Celestia Network. THORChain’s RUNE token rose 588% from its June low, with the introduction of some much anticipated developments. Polygon’s MATIC has surged 78% in a month, on the back of the introduction of […]
OneCoin’s head of legal and compliance Irina Dilkinska has pleaded guilty this week to wire fraud and money laundering charges in connection to the crypto scam that deceived and resulted in a $4 billion fraud. The DOJ said that the US District Judge Edgardo Ramos accepted Dilkinska’s guilty plea. According to the official press release, […]
Finder's panel of 31 cryptocurrency and fintech specialists predict ETH on average will be worth US$1.8k at the end of the year, on par with its …
Ethereum price rallied steadily and surpassed the $2,000 resistance. ETH is consolidating above $2,000 and might start a fresh increase toward $2,120. Ethereum rallied above the $2,000 and $2,050 levels before it corrected lower. The price is trading above $2,020 and the 100-hourly Simple Moving Average. There is a key declining channel forming with support […]
BlackRock questioned the SEC’s preference for the 1940 Act that oversees futures ETFs, and argued that it lacks relevancy to both crypto-spot and crypto-futures ETFs.
Top trader Jacob Canfield indicated next crucial resistance levels for second cryptocurrency
The suit, filed Friday (Nov. 10) in U.S. bankruptcy court, seeks to recoup around $953 million from Bybit — another cryptocurrency exchange — that …
Solana rallied above the $50 resistance against the US Dollar. SOL price is consolidating gains above $55 and might extend its rally above $65. SOL price started a major rally above the $50 resistance against the US Dollar. The price is now trading above $55 and the 100 simple moving average (4 hours). There is […]
Cardano founder posts on X saying he’s ‘game’ to build Kraken’s layer 2 network. Kraken layer 2 widely believed to be in the works, though yet to be confirmed. Coinbase launched its layer 2 ‘Base’ in August; exchange-owned layer 2’s seemingly becoming a crypto trend. Outspoken founder of the Cardano blockchain, Charles Hoskinson, has made […]
TL;DR MicroStrategy, led by Michael Saylor, has seen over $1 billion in unrealized Bitcoin profits, recovering from a $1 billion loss in 2022 due to Bitcoin’s price rally. The company made large-scale Bitcoin purchases, even after facing significant unrealized losses in the crypto downturn of June 2022. Saylor predicts a substantial rise in Bitcoin value […]
FixReducedOffersV1 aims to minimize the prevalence of order books obscured by reduced offers, enhancing the overall functionality of the XRPL.
Macro guru Raoul Pal says that the top smart contract platform Ethereum (ETH) is set to outperform Bitcoin (BTC) as the crypto markets enter into a new “spring” phase. The former Goldman Sachs executive tells his one million followers on the social media platform X that based on the Tom Demark Sequential indicator, ETH is […]
XRP losing massively to its competitors as it shows negative performance during bull run
The current cryptocurrency market is witnessing a substantial surge, capturing the attention of investors. While cryptocurrencies like Bitcoin and …