Grayscale Investments has filed a lawsuit against the U.S. Securities and Exchange Commission following the agency’s rejection of its application to convert its Bitcoin Trust into an exchange-traded f...
Category: Crypto
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Central African Republic Reveals Launch Date Of Crypto Initiative
Advertisement     Central African Republic’s president Faustin-Archange Touadéra has disclosed the launch date for the country’s upcoming crypto initiative dubbed The ...
EU agrees on MiCA regulation to crack down on crypto and stablecoins
Officials from the European Union have agreed on a landmark law that will make life tougher for crypto issuers and service providers under a new single regulatory framework. Stefan Berger, European P...
Bitcoin experiences worst month in history as over $400B is wiped off crypto market in June
The crypto industry has experienced its worst month ever as over $400 billion was wiped off the market by the capitulation of digital assets in June. #Bitcoin is about to close -40% in June – the wors...
Understanding What Caused the Recent Crypto Crash, And How Crypto Exchanges Can Protect Users
Nearly two months have passed since the Terra-Luna crash on May 7. Be it stopping time or going back to the past, it is futile and next to impossible for investors to recover their losses. However, th...
FTX US Closing In on $240,000,000 Deal To Buy Crypto Lending Platform BlockFi
FTX US is close to acquiring US-based lending platform BlockFi in a deal worth hundreds of millions of dollars. According to BlockFi CEO Zac Prince, pending shareholder approval, the lending platform ...
Nvidia Game Card Prices Fall Along With Crypto Mining Demand
(Bloomberg) — The turmoil in the cryptocurrency industry has ravaged portfolios and left large and small investors struggling to adapt. It’s also taken a toll on a corner of the tech world that ...
Binance’s CZ Believes The Value Of Crypto Is Increasing, Despite Bear Market ⋆ ZyCrypto
Advertisement     Changpeng “CZ” Zhao, Chinese-Canadian business executive and CEO of the world’s largest cryptocurrency exchange, Binance, has stated that he believes...
Here’s When the Bear Market Bottom Will Fully Form, According to Top Crypto Analyst
A widely followed crypto analyst says he’s identified when the Bitcoin (BTC) bear market bottom will fully form. In a new interview with Real Vision, pseudonymous trader Rekt Capital says we need to s...
FTX signs a deal giving it the option to buy crypto lender BlockFi
Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, at the Bitcoin 2021 conference in Miami, Florida, on June 5, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images FTX has signed a deal giving it...
Stocks and crypto haven’t come close to hitting the bottom yet, hedge funder famous from ‘The Big Short’ says
Michael Burry is best known for predicting the 2008 housing market collapse, and making a killing in the process, but in recent years he’s taken to Twitter to criticize stock valuations, crypto bulls,...
BabyDoge Coin (BABYDOGE) Price Prediction 2022 – Will BABYDOGE Hit $0.00000002 Soon?
Bullish BABYDOGE price prediction for 2022 is $0.000000001885 to $0.000000003798. The BABYDOGE price will also reach $0.00000002 soon. Bearish BABYDOGE price prediction for 2022 is $0.000000000792. In...
Coinbase Crypto Exchange Selling Transaction Tracing Data to U.S. Immigration and Customs Enforcement: Report
Top US crypto exchange Coinbase is licensing software that aggregates information about blockchain transactions to a federal law enforcement agency. According to a new report by The Intercept, the Hom...
Crypto World Is Cautious of Finer Details In EU’s MiCA Law
“If a non-fungible token becomes fungible, then it will fall into” either MiCA, or other EU laws governing conventional financial instruments, said the source, who asked not to be named. In reality, a...
Pantera Capital Says It Is Long-Term Bullish on Crypto, But More “Meltdowns” Might Come in Months
Dan Morehead of Pantera Capital claims that the Federal Reserve has been making serious mistakes for far too long and that these errors are now having an impact on the cryptocurrency market, where fur...
Many Crypto Traders Are About To Get ‘Torched’ and Completely Misjudge the Market, Warns Top Analyst
A top crypto analyst warns that many traders are about to pay heavily for misreading the current market meltdown. Pseudonymous trader Altcoin Psycho tells his 457,000 followers that trying to use 2018...
Crypto Market Liquidations Surges Past $250 Million As Bitcoin Declines Below $20,000
With bitcoin’s decline below $20,000, the crypto market liquidations have ramped up once more. The market which had been regaining some semblance of normality has now lost its hold. As bears continue ...
Deutsche Bank Strategists Reveal The Real Reason Crypto Free Fall Is Likely To Continue ⋆ ZyCrypto
Advertisement     It’s been a brutal couple of months for crypto investors as recession fears heighten. Bitcoin nosedived from above $45,000 at the beginning of April ...
Footballer Michael Owen Takes Flak for Online Crypto Promotion
Professional footballer Michael Owen is deemed to have used his Twitter account to promote an unlicensed crypto casino, thus breaching laws set forth by the United Kingdom. Michael Owen Faces Scrutiny...
Crypto Market Loses $60 Billion As Bitcoin Dips Below $20,000
As of June 28, the bitcoin price fluctuated slightly above the $20K mark. However, toward the end of the day, it eventually dropped to $20K. The market watch also noted the bearish state in the price ...
LTCM and Other History Lessons for Crypto
Here’s just one famous LTCM strategy: The algorithm identified situations where the spread had widened between the yield on the most recently issued 30-year U.S. Treasury bond and that of an “off-the-...
Bitcoin Tumbles Towards Washout as Crypto Enters ‘Get Me Out’ Phase
In our June 13 review of bitcoin futures we gave a sober outlook for prices including a price target: “In this daily Point and Figure chart of bitcoin, below, we can see the breakdown and a pric...
Why did France include ‘Crypto Dad’ Chris Giancarlo in French Knighthood?
French Government Knighted Former CFTC Chair and known as ‘Crypto Dad’ for his keen support for crypto, Chris Giancarlo Chris Giancarlo, who was known for his contribution during his tenure at the Uni...
US DOJ indicts 6 individuals over crypto fraud schemes that generated over $135 million
The U.S. Department of Justice (DoJ) has indicted six people allegedly involved in different crypto crimes, including NFTs, that siphoned $135 million from unsuspecting investors. Baller Ape NFT promo...
It’s Ugly in Crypto With $200M of Margin Calls, Founders Selling Homes and Comparisons to 2008
Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Good morning, and welcome to First Mover. I’m Ly...
Crypto Lender Ledn Joins the Acquisition Battle for BlockFi (Report)
The cryptocurrency platform Ledn reportedly displayed intentions to acquire a stake in BlockFi (a digital asset firm that provides crypto-backed loans). Previously, FTX also announced plans to buy the...
Selloff In Crypto Soon? JP Morgan Hints At Market Turnaround
Following repeated setbacks to the crypto community, the market sentiment appears to be probably at its weakest this year so far. The meltdown of Terra network in May dealt a massive blow to investor ...
Reserve Bank of India ranks crypto near the bottom of systemic risks despite harsh criticism
In its latest financial stability report published on Thursday, the Reserve Bank of India, or RBI, reiterated its skepticism of digital assets, writing: “We must be mindful of the emerging risk...
Bank of America Customers’ Crypto Activity Slowed as Market Slid
For the one-third of customers who were conducting crypto transactions, the data shows they had only a single transaction, generally for a smaller amount. They account for only 5% of the dollar value ...
U.S. governor signs crypto-friendly bill into law to ‘take advantage of booming tech’
As the cryptocurrency industry advances and expands, authorities in some jurisdictions are willing to give the new asset class a chance, including in the form of adopting crypto-friendly laws, such as...