Finland has sold 1,889 bitcoins seized in narcotic cases for 46.5 million euros ($47.4 million). The country’s finance minister previously said that the bitcoin sale proceeds will go to Ukraine for hu...
Tag: news
The Market Is Severely Overbought on Several Metrics
Another strong finish yesterday put the indexes near some very strong resistance. The SPX 500 closed just a touch under 4000, there is a gap to fill at 4017, and that could be filled in days. However,...
Tesla’s Textbook Breakout Is a Sign of Things to Come
Tesla Inc. (TSLA) ripped higher on Thursday, gaining 9% after posting strong second-quarter results. What’s next for shares of the largest U.S.-based electric vehicle manufacturer? Tesla beat an...
Robert Kiyosaki Warns of ‘Biggest Bond Crash Since 1788’ — Waiting to Buy Bitcoin at Lower Price – Markets and Prices Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned of the “biggest bond crash since 1788.” He stressed that the “real problem” is in the bond market, which is “4...
US Court Convicts ‘My Big Coin’ Founder in $6 Million Fraudulent Cryptocurrency Scheme – Regulation Bitcoin News
A federal jury has convicted the founder of “My Big Coin” in a fraudulent scheme that swindled $6 million from cryptocurrency investors. The defendant made several false claims, including that the coi...
FTX Proposes Joint Proposal to Bailout Bankrupt Voyager’s Customers
FTX crypto exchange announced on Friday that its plans to give Voyager Digital’s customers access to some of their funds. According to a joint proposal between FTX and Alameda Ventures, a trading firm...
Campaigners In California Can Now Receive Donations in Cryptocurrency
California campaigners may now receive donations through Bitcoin (BTC) and other cryptocurrencies. The candidates for both local and state offices in the state can now breathe a sigh of relief as the ...
FED Decks Up For FOMC Meeting, Analysts Predict The Bitcoin Price To Hit $28k – Coinpedia – Fintech & Cryptocurreny News Media
As per reports, the Federal Reserve is expected to raise the interest rates in its upcoming meeting scheduled on July 26-27. If it raises the rates by 0.75%, it will be the third rate hike this year a...
Su Zhu and Kyle Davies Finally Speaks About the Collapse of 3AC
During an interview with Bloomberg, Su Zhu, and Kyle Davies, the co-founders of Three Arrows Capital (3AC), the troubled hedge fund broke silence on the happenings that they have experienced in the pa...
Traders Withdraw $3.6 Billion in Ethereum From Crypto Exchanges in 17 Days – Bitcoin News
The pencilled-in preliminary date for The Merge, revealed by the Ethereum developer Superphiz, is less than two months away and the announcement seemingly caused a number of developments to happen. Fi...
Crypto.com Gets the Greenlight to Operate in Cyprus Through CySEC
Crypto.com, a fast-rising exchange platform has secured regulatory approval to operate in the Cyprus crypto market, thereby expanding its European presence. The exchange on July 22 says the Cyprus Se...
Taiwan Moves to Ban the use of Credit Cards to Acquire Cryptocurrency
Taiwan through its Financial Supervisory Commission (FSC) has moved to ban the use of credit cards in purchasing cryptocurrencies. As per reports from local media, the FSC in a letter to the local ban...
Coinbase Vs.SEC: Commission Asked For Rule Clarification On Digital Assets – Coinpedia – Fintech & Cryptocurreny News Media
Coinbase has asked the Securities and Exchange Commission to clarify which digital assets are to be treated as securities in response to the litigations filed by SEC against it a few days back. Along ...
BlockFi Total Loan Tops $1.8B With a $600M Net Risk Exposure in Q2
BlockFi, a major crypto lending firm based in New Jersey, officially disclosed a total loan of $1.8 billion and a net unsecured exposure of $600 million by the end of the second quarter of 2022. The b...
Q2 2022 Cryptocurrency Report Highlights Terra’s Collapse and Capital Exiting the Crypto Ecosystem – Bitcoin News
On July 13, the dedicated crypto price tracking, volume, and market capitalization web portal Coingecko published the company’s “Q2 2022 Cryptocurrency Report” which discusses the last quarter’s crypt...
Zero-gas DeFi Ecosystem XODEX Launches its Testnet
The zero-fee DeFi Ecosystem XODEX has announced the launch of its XODEX testnet, which will allow developers to integrate and transition their code deployed on the XODEX mainnet to the final implement...
Samuel Bankman-Fried Seeks To Acquire Bithumb, S.Korea’s Second Largest Crypto Exchange – Coinpedia – Fintech & Cryptocurreny News Media
Samuel Bankman-Fried, the founder and CEO of FTX, is hunting for acquisition targets as the market crashes. SBF acquired various crypto firms last month, including voyager digital voyager digital Lend...
Crypto Exchange ZipmexX Resumes Withdrawals for Trade Wallet
Zipmex, Asia’s leading digital asset exchange, said in an announcement on Friday that it has resumed withdrawals on Trade Wallet in Thailand, and said it will resume withdrawals in other countri...
Russia’s Media Censor Roskomnadzor Unblocks Tor Project’s Website – Bitcoin News
Russian telecom and mass media watchdog Roskomnadzor has restored access to the website of the Tor Project, implementing a court ruling with delay. The site was blacklisted last year but the measure w...
Bitcoin Miner Compass Mining Establishes 75 MW Hosting Partnership with Compute North
Compass Mining, a Bitcoin mining hosting and brokerage services firm based in Delaware, US, announced the completion of a partnership with colocation provider Compute North to secure at least 75 megaw...
Bankman-Fried’s FTX In Advanced Talks to Acquire South Korea’s Bithumb
FTX, a global cryptocurrency exchange headquartered in the Bahamas, is in talks to acquire its rival Bithumb, South Korea’s leading cryptocurrency exchange, according to people familiar with the matte...
Central African Regional Bank Seeks to Introduce Common Digital Currency
The board of the Bank of Central African States (BEAC) has urged the central bank (serving six central African countries) to introduce a common digital currency that can be used across its six member ...
It’s Raining Dividends in the Oil Patch
It’s raining oil! According to our permanently-confused commander-in-chief, that is a common condition in the winter in Delaware. And it apparently caused his “damn cancer”…whi...
BNB Was the Top Ten’s Best Market Performer in Q2, Bitcoin Takes Second Place — Solana Performed the Worst – Market Updates Bitcoin News
With the first half of the year gone, statistics from the second quarter of 2022 indicate that the crypto economy has tumbled significantly in value, and crypto tokens in the top ten market positions ...
BTC Moves Towards $22,000 to Start the Weekend – Market Updates Bitcoin News
Bitcoin moved towards $22,000 to start the weekend, as prices consolidated following Friday’s gains. Price uncertainty has heightened in crypto in the aftermath of recent rallies, which has pushed sev...
US Withdraws Request to Extradite BTC-e’s Vinnik From France, Lawyer Sees ‘Deceitful Maneuver’ – Bitcoin News
U.S. authorities have withdrawn their request to extradite the alleged operator of crypto exchange BTC-e Alexander Vinnik from France, his French lawyer informed Russian media. Vinnik’s defense suspec...
Twitter Suffers $270 Million Loss, Is It Because of Elon Musk? – Coinpedia – Fintech & Cryptocurreny News Media
Twitter revealed on Friday that it suffered a $270 million net loss in the second quarter (Q2), partly as a result of uncertainties around Elon Musk’s potential takeover of Twitter, which had a negati...
DOGE Drops Towards $0.05900 Support Level Despite Elon Musk Comments – Market Updates Bitcoin News
Dogecoin was down for a third straight session, despite Elon Musk stating earlier this week that Tesla was still holding the token. Polygon was also down, falling by almost 10% to start the weekend, a...