Ethereum is outperforming Bitcoin ahead of The Merge in September, with the second largest cryptocurrency by market cap rising 61% against Bitcoin since June. The below chart shows the price of Ethere...
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Crypto Miner Core Scientific Downsizing After $840M Impairment Charge
Produced 3,365 bitcoin in the quarter, a 4% drop from the prior quarter Shares of CORZ have clawed back some of the year’s losses over the past month Core Scientific (CORZ) reduced its headcount by 10...
Crypto Exchange Operator Alex Vinnik Extradited to U.S., Faces Money-Laundering Charge
The operator of a Bulgarian cryptocurrency exchange BTC-e has been extradited from Greece to the United States, where he faces charges of operating an unlicensed money service business and money laund...
Block reports 34% drop in Cash App bitcoin revenue, takes $36 million charge in Q2
Payments company Block (SQ) announced second quarter results Thursday that showed bitcoin revenue from its Cash App product fell 34% to $1.79 billion, with the company taking a $36 million charge on i...
MicroStrategy Reports $917M Bitcoin Impairment Charge as Saylor Steps Aside
MicroStrategy took a non-cash digital impairment charge of $917.8 million in the second quarter of 2022, according to its Q2 2022 earnings call on Tuesday. An impairment charge describes a drastic red...
U.S. Senators Seek to Put CFTC in Charge of C…
On August 3, four Senators from the Agriculture Committee introduced legislation to establish a regulatory regime for cryptocurrencies. The Digital Commodities Consumer Protection Act of 2022 would es...
US Senate introduces bill to put CFTC in charge of regulating Bitcoin, Ethereum
Leaders of the Senate Agriculture Committee introduced a bill on Aug. 3 to make the Commodity Futures Trading Commission (CFTC) the chief regulator of digital assets that are commodities. The CFTC cur...
New Bipartisan US Bill Puts CFTC In Charge Of Regulating Bitcoin And Ethereum
– Advertisement – Bitcoin and Ethereum are classified as commodities in the latest US crypto bill. BREAKING: A new bill puts the CFTC in charge of regulating #Bitcoin and #Etherium. @yla...
MicroStrategy Reports $918M Impairment Charge on Bitcoin Holdings in Q2
The company’s 129,699 bitcoins held at the end of June 30, 2022, were acquired for approximately $4 billion, reflecting an average cost per bitcoin of approximately $30,664, the company reported...
Michael Saylor steps down as MicroStrategy CEO, company takes $917 million charge on bitcoin
MicroStrategy (MSTR) announced on Tuesday its founder and CEO Michael Saylor will step down from the top job and take a new post as executive chairman, focused on the company’s bitcoin strategy....
Australian Central Bank Governor Wants Private Sectors In Charge Of Crypto Assets Issuance ⋆ ZyCrypto
Advertisement     Recent times have seen a wave of calls for regulating the growing sector of cryptocurrencies due mainly to the astronomically increasing adoption rat...
AbbVie Stock Slips After Earnings, Charge for Potential Opioid Deal
Text size AbbVie said it continues to expect adjusted diluted earnings of between $13.78 and $13.98 per share for the full fiscal year. Dreamstime The drugmaker AbbVie turned in quarterly earnings tha...
Tilray swings to loss on impairment charge but revenue beats analyst target
Tilray Brands Inc. TLRY, +6.44% shares fell 1.5% in premarket trades Thursday after the cannabis company said it swung to a fourth-quarter loss of $457.8 million, or 90 cents a share, from net income ...
Winners, News And Notes With Triple H In Charge At MSG
Triple H was named WWE’s new Head of Creative. Credit: WWE Raw WWE Raw from Madison Square Garden showcased the first WWE Raw in a new era with Triple H as the head of creative. Bruce Prichard w...
Tesla Hit With $170 Million Impairment Charge on Bitcoin Holdings
Elon Musk’s car manufacturer Tesla recorded a $170 million impairment charge for Bitcoin on its balance sheet during the first half of 2022. It also netted $64 million in gains from certain sales of t...
Former DOJ Lawyer Jeffrey Clark Faces Ethics Violations Charge
Topline Jeffrey Clark, the former Justice Department lawyer whom Donald Trump sought to appoint as attorney general, faces accusations by the Washington D.C. bar that he violated rules of professional...
Why Hidden Bitcoin Bulls Could Be Ready To Charge
Bitcoin price is attempting its first major recovery since plunging below $20,000 per BTC during the recent crypto market contagion. A hidden bullish divergence could indicate that although the sellof...
DOJ, SEC Charge Former Coinbase Product Manager With Insider Trading
A former Coinbase product manager and two others together ran a year-long, insider-trading scheme that generated more than $1.1 million in profits, U.S. federal authorities today alleged. Ishan Wahi, ...
The Crypto Market is Slowly Recovering, Bitcoin Leads the Charge – crypto.news
On Monday, the key term ‘short’ on social platforms spiked to its highest level in nearly four months. Notably, BTC has surged 15.3% since. When the crowd overwhelmingly thinks there is a likely cause...
Judge In Charge Of SEC VS. Ripple Case Points Out Hypocrisy In SEC Arguments
– Advertisement – The judge in charge of the Ripple case points out inconsistencies in SEC arguments. Judge Sarah Netburn, Magistrate in the Southern District of New York, has called o...
BTC/USD Bears in Charge Below 20000: Sally Ho’s Technical Analysis 14 July 2022 BTC
Bitcoin (BTC/USD) lengthened its ongoing depreciation early in the Asian session as the pair remained weak below the psychologically-important 20000 figure after trading as low as the 19226.47 area. ...
Web3 Payments Company Fuse Launched the Payment API Platform Fuse Charge
Web3 payments revolution startup Fuse has officially launched the blockchain payment API platform Fuse Charge. On May 10, Fuse Labs announced a $5 million investment from Israeli-listed digital asset ...
Bitstamp Cancels Plans to Charge An Inactivity Fee
According to reports, the popular crypto exchange Bitstamp, which initially planned to charge an inactivity fee, has now later decided against it after user uproar. Visit Bitstamp Now Your capital is ...
Binance Coin price analysis: BNB breaks past $230 as bulls charge towards $250
TL;DR Breakdown Binance Coin price analysis suggests upwards movement to $250 The closest support level lies at $220 BNB faces resistance at the $233.9 mark The Binance Coin price analysis shows that ...
US CFTC unveils the largest ever charge involving Bitcoin
The trade goods Futures commerce Commission (CTFC) is charging a South African trading company victimization Bitcoin (BTC) as its base currency for allegedly running the largest-ever BTC trading schem...
CFTC Slaps Company CEO With Record $1.7 Billion Bitcoin Fraud Charge
The CFTC might have caught the “biggest fish” in the ocean. And there could be more out there. The U.S. commodities watchdog announced Friday that it had lodged a civil suit against a South African CE...
CFTC Unveils $1,700,000,000 Bitcoin Trading Scheme Allegations in Largest-Ever Charge Involving BTC
The Commodity Futures Trading Commission (CTFC) is charging a South African trading company using Bitcoin (BTC) as its base currency for allegedly running the largest-ever BTC trading scheme. Accordin...
What Range Anxiety? Mercedes’ Vision EQXX EV Goes 747 Miles On A Single Charge
The sleek body of the Vision EQXX has a .17 drag coefficient – better than a Tesla and most anything … [+] else on the road. But it still look “normal” and we love that trick t...
Albania will charge tax rates for crypto transactions and technology-based mining
Albania Regulators recently spoke about the crypto future, where everything points to new laws being imposed. According to reports, the government administration wants to charge taxes on cryptos start...
Alibaba Leads Hong Kong Internet Charge, Week In Review
China Last Night KraneShares Week in Review Asian equities were mixed this week as South Korea faltered and China markets gained, especially the internet sector, which saw a major improvement in senti...
Binance US will not charge fees on Bitcoin trading
The Binance exchange is putting up a fierce competition amid the ongoing bear market. The CEO of Binance US, Brian Shroder, has said that the platform will start offering zero trading fees for Bitcoin...
All GM EVs Add Plug And Charge Capability
Chevrolet Bolts charging at EVGo charging station. All GM EVs will now have Plug and Charge … [+] capability for seamless connections to start charging sessions General Motors No matter what you...