Headquartered in Dubai, crypto exchange Bybit said it will suspend services to residents of the United Kingdom starting in October due to “regulatory changes.”
The cryptocurrency exchange FTX, which has declared bankruptcy, has filed a lawsuit against former employees of its Hong Kong affiliate, Salameda. The lawsuit seeks to recover $157.3 million that FTX alleges was fraudulently withdrawn in the lead-up to the exchange filing for bankruptcy. The defendants in the case include Michael Burgess, Matthew Burgess, and Lesley […]
US District Judge Lewis Kaplan has made a ruling that shakes the upcoming trial of former CEO, Sam Bankman-Fried (SBF). This ruling bars all seven expert witnesses proposed by SBF from testifying in his trial, scheduled to commence on October 3, 2023. As earlier reported, the US Department of Justice (DOJ) raised objections to the […]
This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin. Ethereum (ETH) Since June, Ethereum has formed a large ascending triangle. However, yesterday, the price fell under this formation and closed the week with a 2% loss. This puts ETH in a difficult position as it signals this correction may […]
Cardano (ADA) price potential in Bitcoin context evaluated by Benjamin Cowen
The bankrupt crypto exchange FTX has sued the former employees of Salameda, a Hong Kong-incorporated entity affiliated with FTX, for the recovery of about $157.3 million, according to a Coindesk report. The Hong Kong firm was controlled by the FTX Founder and former CEO, Sam Bankman-Fried, who is now behind bars awaiting trial. FTX Sues […]
Ten years ago this week, Joe Rogan, the world’s most popular podcaster, mentioned Bitcoin, a first in what has been an off-and-on theme of his programming ever since. As noted by Bitcoin Historian Pete Rizzo today, September 24 marks the anniversary of Joe Rogan’s interview with libertarian philosopher Stefan Molyneux, aired in 2013. In a […]
US legislators in the House Financial Services Committee have voted in favor of a proposed law that aims to stop the Federal Reserve from issuing a central bank digital currency (CBDC). According to the office of Congressman Tom Emmer (R-MN), the committee passed the CBDC Anti-Surveillance State Act during a markup session on Wednesday. Emmer, […]
A widely followed crypto analyst is sharing his latest plan on Bitcoin (BTC) while charting out what’s next for Dogecoin (DOGE). Pseudonymous crypt trader Rekt Capital tells his 353,200 followers on the social media platform X that he plans to dollar cost average into BTC in preparation for the Bitcoin halving. “BTC My plan is to […]
SkyBridge Capital founder Anthony Scaramucci recently shared positive views on the flagship cryptocurrency, Bitcoin, which could provide some comfort to BTC holders as the bear market lingers. Scaramucci Says HODL Bitcoin According to a report by Business Insider, the investment firm founder advised Bitcoin holders not to sell their BTC as they already made it […]
Google Cloud is making significant strides in the cryptocurrency and blockchain space by expanding support for various blockchains within its BigQuery data analytics service. This move underscores Google’s recognition of the growing importance of blockchain technology and the data it generates. Google Cloud Supports 11 Additional Blockchains The addition of support for 11 additional blockchains, […]
So, here are three AI stocks with more potential than any cryptocurrency. 1. Amazon. Amazon's (AMZN -4.41%) stock has soared 66% year to date and has …
Bitcoin and the major altcoins are down from their weekly highs, but the bulls are trying to form a higher bottom, indicating buying on dips.
An under-the-radar Web3 gaming ecosystem altcoin has surged by more than 51% this week amid a new token migration proposal. The native token of the Merit Circle (MC) Decentralized Autonomous Organization (DAO) is trading around $0.405 at time of writing, up from $0.267 one week ago. The price surge materialized amid a discussion period on […]
Several members of the economic alliance known as BRICS are discarding billions of dollars worth of assets backed by the US government. New numbers from the Treasury Department show China is leading the charge, reducing its holdings of US treasuries from $835.4 billion in June to $821.8 billion in July – a decrease of $13.6 […]
The US featured prominently in crypto this week as the US Federal Reserve (Fed) said it would keep rates fixed amid soaring national debt levels. On Monday, a New York Post writer accused the chair of the Securities and Exchange Commission (SEC) of focusing on crypto enforcement at the expense of other crimes. The Fed’s […]
A United States judge has approved the Justice Department’s (DOJ) motion to bar all witnesses proposed by Sam Bankman-Fried (SBF), the founder and former CEO of bankrupt cryptocurrency exchange FTX, from testifying at his upcoming trial. According to an order filed with the U.S. District Court for the Southern District of New York, Judge Lewis […]
Attorney Bill Morgan and SEC specialist Marc Fagel unveil hidden drive behind XRP case appeal, changing game for crypto regulation
Core Scientific, a bankrupt cryptocurrency miner, is set to purchase 27,000 Bitcoin mining servers from Bitmain in a substantial transaction valued at $77 million, as disclosed in a recent press release. The acquisition comprises $23.1 million in cash and $53.9 million in common stock. Core Scientific’s Path to Recovery: Strategic Acquisition This deal, which was […]
The Bitcoin Policy Institute, in collaboration with the Cornell Brooks Tech Policy Institute, is set to host a high-profile panel discussion on the theme of “Digital Currencies & Strategic Competition.” The event, which promises to be a pivotal moment in the ongoing conversation about the role of digital currencies in global affairs, will be held […]
Binance, Binance US, and founder Changpeng Zhao (CZ) have filed a joint motion to dismiss the lawsuit filed against them by the US Securities and Exchange Commission (SEC). In a joint motion filed in the US District Court for the District of Columbia on Thursday, September 21, Binance-related entities and CZ claim that the SEC […]
XRP, a cryptocurrency Ripple Labs uses to facilitate transactions on its network, has been making headlines recently for all the right reasons. The digital asset has emerged as one of the top performers in the crypto market in recent months, largely owing to Ripple’s significant legal victory against the US Securities and Exchange Commission in […]
Cryptocurrency price on September 22 quick take: The global market cap dipped to $1.06 trillion.
Marcel Pechman explains whether real estate or Bitcoin is a better store of value and breaks down Instacart’s current valuation and why investors may want an alternate investment.
The launch of a spot Bitcoin ETF would be a watershed moment for the Bitcoin ecosystem. It would make it easier for investors to gain exposure to Bitcoin, and it could lead to increased adoption of Bitcoin by mainstream investors. Institutional Investors Are Interested In Investing In Bitcoin It is difficult to predict exactly how […]
Two major Shibarium tokens can now be used on LaborX platform as payment options
The cryptocurrency exchange CoinEx is making a comeback after a devastating $70 million hack. The exchange announced today (Friday) that it had taken measures to rebuild its wallet system and ensure the safety and security of its users’ assets. As a result, CoinEx is now gradually resuming deposit and withdrawal services for a substantial number […]
This article is featured in Bitcoin Magazine’s “The Withdrawal Issue”. Click here to subscribe now. A PDF pamphlet of this article is available for download. “The special commodity or medium that we call money has a long and interesting history. And since we are so dependent on our use of it and so much controlled […]
The Shiba Inu (SHIB) price broke down from the $0.0000080 horizontal support area, a sign of a bearish trend. While the weekly timeframe readings are decisively bearish, the daily timeframe offers a more neutral outlook. Shiba Inu Price Continues Falling Towards Support The technical analysis in the weekly timeframe provides a bearish SHIB price outlook. […]
In addition to the decentralization of finance, cryptocurrency exchanges can and should play an active role in the democratization of finance, fostering cheap and instantaneous transactions for people everywhere. That’s according to Ethereum founder Vitalik Buterin, who shared his vision of wider use of crypto in a wide-ranging CNBC interview. Buterin Criticizes Dominant Crypto Exchanges […]
Bitcoin’s price increased by a little less than 1% in the past seven days. The week was, overall, positive for the industry as the total market capitalization approaches the $1.1 trillion cap. The biggest news of the week is undoubtedly the US FOMC meeting that happened on Wednesday. According to the official announcement, the central […]