Valkyrie Funds has unveiled a revised launch date for its leveraged Bitcoin ETF

Central banks around the world are considering the formation of their own digital currencies amid the ever-changing cryptocurrency ecosystem. Among these, the Reserve Bank of India (RBI) has made substantial progress toward the implementation of its own digital currency, the Digital Rupee. This move is intended to provide a safe and government-backed alternative to the […]

Can Bitcoin possibly rhyme with tradition? This new currency is so young and so different from the usual dollars and euros, that for most people it seems disconnected from the economic reality and even further – from their lives. Despite the fact that paying with Bitcoin is not much more complicated than paying with a […]

In a battle to recover billions of dollars following the collapse of FTX, Chief Executive and Restructuring Officer John J. Ray III, is intensifying efforts just weeks before FTX founder Sam Bankman-Fried faces trial in what has been labeled one of the largest financial frauds in American history. Bankruptcy court proceedings kicked off the week […]

The U.S. Department of Justice (DOJ) has successfully won a motion to prevent Sam Bankman-Fried’s proposed expert witnesses from testifying in the upcoming FTX trial. A new court filing reveals that Bankman-Fried’s proposed witnesses either failed to meet the standards of being able to testify or were excluded due to the government’s request. In the […]

The trustee responsible for handling the bankruptcy of Mt. Gox, Nobuaki Kobayashi, has recently announced a significant extension of the repayment deadline for creditors of the now-defunct cryptocurrency exchange. This move, approved by the Tokyo District Court, pushes the deadline from October 31, 2023, to October 31, 2024. Twofold Rationale Behind The Extension This extension […]

Crypto asset manager CoinShares has launched a new hedge fund division to court American investors. The business will cater to accredited investors and complement the company’s portfolio of exchange-traded products (ETPs). According to CoinShares’ Chief Executive Officer, Jean-Marie Mognetti said that high interest rates provide interesting opportunities to outperform markets. “The market, the macro environment […]

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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.