CoinEx, a cryptocurrency exchange, has been served with a lawsuit by New York’s Attorney General Letitia James, who contends that the company falsely represented itself as an exchange by failing...
Tag: Bitcoin
Over 200 Jurisdictions Agree on Timely Implementation of FATF Crypto Standards – Regulation Bitcoin News
The Financial Action Task Force (FATF) says delegates from over 200 jurisdictions have agreed on “an action plan to drive timely global implementation of FATF standards” on crypto assets. The standard...
Frax Finance has voted to fully collateralizing
The community behind the decentralized financial stablecoin protocol Frax Finance has agreed to completely collateralize its native stablecoin Frax (FRAX), putting an end to the network’s previo...
Bitcoin (BTC) Drops Below $24,000, Here’s What Might Be Needed to Push It Higher
Bitcoin oscillated near $24K mark before settling below this key level at press time. As investors continued to assess the U.S. central bank’s ongoing discussion on monetary policy and jobs data...
Bitcoin: Assessing whether or not a local bottom has been reached
CryptoQuant analyst Wedson has opined that a local top has been reached. On-chain metrics, however, paint a different picture. CryptoQuant analyst Joao Wedson has suggested that Bitcoin’s [BTC] price...
Blockchain Association Rejects Court’s Securities Ruling on Private Blockchains
Following the decision of a federal judge to allow a lawsuit against Dapper Labs’ NBA Top Shot nonfungible tokens (NFTs) to go forward, the chief legal officer of the Blockchain Association stat...
IMF Calls for ‘More’ Crypto Regulation — Says Banning Should Be an Option – Regulation Bitcoin News
International Monetary Fund (IMF) Managing Director Kristalina Georgieva says crypto needs “more regulation.” She added, “We should not take off the table banning those assets,” if regulation fails or...
Whales Abruptly Send $215,700,000 in Ethereum to Coinbase and Binance As $219,500,000 Bitcoin Transfer Turns Heads
Ethereum and Bitcoin whales are making their presence known as BTC clings to a crucial level of support at $23,000. In the last 24 hours, three Ethereum whales initiated massive transfers to crypto ex...
This Week in Coins: Bitcoin, Ethereum Dip as Crypto Market Sheds $58B
This week in coins. Illustration by Mitchell Preffer for Decrypt. It was a week of all-around losses, with holders of the two biggest cryptocurrencies by market capitalization also hit by the bearish ...
Celebrities asked to dismiss second amended complaint in class-action lawsuit
Kim Kardashian, Floyd Mayweather, and a number of other celebrities are attempting to persuade a court to reject an additional effort to hold them accountable for allegedly promoting EthereumMax (EMAX...
Simon Dixon Loses $8.8 Million Worth Bitcoin on Celsius Network
Simon Dixon tweeted that Celsius Network has stolen $8.8 million worth of bitcoin from him. He also mentioned the involvement of Alex Mashinsky in the theft. Many investors came forward with their exp...
DZ Bank to Integrate Digital Currencies Into Asset Management Services in collaborated with Turkish technology company
Together with the digital asset company Metaco, Germany’s second-largest bank by asset size, DZ Bank, will completely incorporate digital currencies into its asset management services. This ende...
Circle Plans to Increase Workforce by 15-25%
According to a report from The Wall Street Journal, the issuer of USD Coin (USDC), Circle, intends to boost its employment by 15–25% in 2023 despite the widespread trend of layoffs throughout the sect...
Another Bitcoin Core Maintainer Steps Down After 7 Years
Bitcoin developer Marco Falke announced that he has stepped down as a maintainer for Bitcoin Core on Tuesday. There now remain just four maintainers of the protocol: Michael Ford, Hennadii Stepanov, A...
Solana Blockchain Experiences Technical Glitch Causing Transaction Slowdowns – Altcoins Bitcoin News
The Solana smart contract token network experienced a technical glitch on Saturday, February 25, 2023, known as a “large forking event,” causing transaction failures for some users. Solana’s incident ...
Bitcoin Price Analysis Along with The Inflation Hike Odds
Inflation can be easily understood as a rise in prices that simply affect the purchasing power of buyers. In the crypto industry, inflation relates to new coins being introduced to circulating supply ...
Block’s Q4 Bitcoin Revenue Fell 7% Year Over Year to $1.83B
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STX is bright spot while bitcoin, ether stagnate with market
Both bitcoin and ether declined on Saturday, continuing downward momentum after another week of macroeconomic uncertainty and ongoing jitters on the regulatory front. Both cryptocurrencies fell 6.4% o...
Bitcoin Dips After Key Inflation Indicator Rattles Market
Bitcoin dropped sharply on Friday—dragging the rest of the digital asset market with it—after key inflation data came in and seemingly rattled investors. The biggest cryptocurrency is currently down ...
Binance.US Could Be in Violation of Securities Law
Binance.plan US’s to buy over one billion dollars’ worth of assets that had belonged to the bankrupt cryptocurrency lending company Voyager Digital has been met with opposition from the Un...
Bitcoin Price Analysis: Stops Below 22587
BTC/USD Stops Elected Below 22587: Sally Ho’s Technical Analysis – 26 February 2023 Bitcoin (BTC/USD) remained on the defensive early in the Asian session as the pair traded around its weakest levels...
Missouri Citizen Sentenced to 5 Years of Probation After Shooting a Bitcoin ATM: Report
Matthew Klinger – a 51-year-old Jefferson City, Missouri resident – received five years of supervised probation after admitting to shooting a bitcoin ATM with a handgun. It remains unclear whether the...
New Research Shows Bitcoin Must Tap Into $1 Trillion Central Bank Liquidity To Overcome Bears ⋆ ZyCrypto
Advertisement     A new report from QCP Capital says central banks in Asia could hold the key for Bitcoin’s price action. All eyes are on the U.S. Federal Reserve, giv...
BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance – Altcoins Bitcoin News
After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out of th...
The Development of Blockchain Chips
The use of blockchain technology is on the increase, and the majority of businesses are investigating the technology in some form. As blockchain technology grows more widespread, users of all stripes ...
Bitcoin (BTC) and Other Crypto Assets Suffer Price Dip After New Report Shows Inflation Metric Rose in January
Crypto assets across the board suffered price dips on Friday after a new U.S. Department of Commerce report indicated a critical inflation metric rose in January. The Department of Commerce’s Bureau o...
Bitcoin price stays under $24K as PCE data helps US dollar to near 7-week highs
Bitcoin (BTC) stayed lower at the Feb. 24 Wall Street open as United States macroeconomic data showed inflation biting back. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView PCE sparks fres...
Block’s Cash App Bitcoin Revenue Drops 25% Year-Over-Year
Jack Dorsey’s payments company Block beat Wall Street expectations on the top line but missed on earnings. In its latest earnings report for last quarter, Block reported $1.83 billion in Bitcoin reven...
Bitcoin Mining Difficulty Reaches New ATH, Maintains $23k
Bitcoin mining difficulty increased by 9.9% to a new all-time high over the last two weeks, suggesting that more miners are coming online to take advantage of the increase in BTC price. According to d...