Since Dec. 31, 2022, ethereum’s market dominance has increased by more than 3% among the thousands of crypto assets worldwide, valued at roughly $856 billion on Jan. 11, 2023. According to coinmarketc...
Tag: news
Taunt Battleworld Announces Launch of Black Magic NFT Collection – Press release Bitcoin News
press release PRESS RELEASE. Taunt Battleworld, a digital collectible competitive fighting game for the metaverse, will launch its next NFT collection, the Black Magic Collection, on January 14, 2023,...
FTX’s Exchange Token FTT Sees Mysterious Pump Amid Bankruptcy Case, SBF Fraud Charges – Market Updates Bitcoin News
As the FTX bankruptcy case and fraud charges against co-founder Sam Bankman-Fried continue to unfold, the value of the exchange’s token, FTX Token (FTT), has seen significant growth. Since Jan. 9, 202...
BTC Hits Fresh 3-Week High, Ahead of Thursday’s US Inflation Report – Market Updates Bitcoin News
Bitcoin raced to a fresh multi-week high on Wednesday, as markets turned their attention to tomorrow’s U.S. inflation rate report. Thursday’s report is expected to show that consumer prices have falle...
Brazilians Turn to Stablecoins as Alternative to US Dollar for Hedge Against Volatility – News Bitcoin News
Brazilians are turning to stablecoins as a way of shielding themselves from the volatility of economic circumstances. This is happening now in the wake of the inauguration of the new government of Lui...
Following OSC Prohibition, Crypto.com Delists USDT For Canadians
As of the 10th of January, user reports that were circulating on social media suggested that the cryptocurrency exchange Crypto.com had intentions to delist Tether (USDT) for customers in Canada begin...
Bank of Russia Outlines Payment Models With Digital Ruble, Other CBDCs – Finance Bitcoin News
The Central Bank of Russia has detailed two methods for implementing the digital ruble and other state-backed coins in international settlements. The monetary authority also plans to start testing con...
NY Business Examines Core Scientific Securities Fraud
A legal company located in New York has said that it has initiated an inquiry into whether or not Bitcoin miner Core Scientific and its leadership may have possibly participated in securities fraud an...
ISPs Must Ban Crypto Websites Or Risk Legal Action In Nepal
The government agency in Nepal that is in charge of regulating telecommunications has issued a directive to the country’s internet service providers (ISPs), demanding that they ban any websites ...
Bitget Launches Fund Custody Service With Dedicated Wallet to Elevate Safety – Press release Bitcoin News
press release PRESS RELEASE. Victoria, Seychelles 11 Jan 2023 – Leading crypto exchange Bitget launches the Fund Custody service for professional investors and institutions. The service will provide d...
World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’ – Economics Bitcoin News
On Jan. 10, 2023, the World Bank published its Global Economic Prospects report, stating that the outlook for the global economy and future economic conditions is bleak. According to the report, 2023 ...
US Arrests ‘Mutant Ape Planet’ NFT Creator in $3M ‘Rug Pull’ Scheme to Defraud Crypto Investors – Regulation Bitcoin News
The U.S. government has arrested and charged the creator of “Mutant Ape Planet” non-fungible tokens (NFTs) for allegedly defrauding crypto investors. “The purchasers were ‘rug pulled,’” the Depa...
News about Grayscale Bitcoin Trust- The Cryptonomist
Crypto news: large hedge fund company Grayscale’s leading indirect investment in BTC flies on the stock market but this reduces the discount on Grayscale Bitcoin Trust. Grayscale is grappling with so...
Tron’s USDD Stablecoin Experiences Fluctuations Again, Drops Below $1 Parity in Early 2023 – Bitcoin News
The Tron-based stablecoin USDD fell below $1 parity again during the first week of 2023 and on Jan. 10. Four days ago, the stablecoin dropped to $0.972 per unit and on Tuesday, Jan. 10, 2023, USDD sli...
Study Reveals South Korea’s ‘Kimchi Premium’ Strongly Linked to International Remittances to China – Bitcoin News
A newly-released study published in December 2022 reveals that South Korea’s “kimchi premium,” the divergence in cryptocurrency valuations on Korean exchanges compared to Western trading platforms, is...
Will LINK sustain its price pump amid news of Chainlink’s latest integration
Polarys announced its integration with Chainlink LINK managed to garner whale interest, but active addresses and network growth declined Chainlink [LINK] has taken another step forward in increasing ...
Former FTX Director of Engineering Under Scrutiny by US Law Enforcement, Alleged Proffer Sessions Held With Prosecutors in New York – Bitcoin News
U.S. law enforcement officials are reportedly scrutinizing Nishad Singh, the former director of engineering at FTX, according to a report citing people familiar with the matter. Another report, publis...
Gemini Co-Founder Accuses Digital Currency Group of Misrepresentation, Demands CEO Resignation – Bitcoin News
Gemini CEO Cameron Winklevoss has published another open letter on Twitter, addressed to the board members of Digital Currency Group (DCG). In the letter, Winklevoss accuses DCG and CEO Barry Silbert ...
Russia Begins CBDC Settlement Mechanism While Sanctions Continue
There are continuous sanctions against Russia as a result of its invasion of Ukraine; yet, reports indicate that Russia’s central bank is about to begin building a cross-border settlement system...
SHIB Surges to 5-Week High, APE up for Fifth Straight Day – Market Updates Bitcoin News
Shiba inu moved to a five-week high during Tuesday’s session, despite cryptocurrency markets mostly consolidating. As of writing, the global crypto market cap is trading 0.20% lower, however the meme ...
CFTC sues Avraham Eisenberg for Mango market manipulation
A self-described digital artist by the name of Avraham Eisenberg was charged with two counts of market manipulation in connection with an exploit of a decentralized finance platform known as Mango Mar...
Ethereum Developers Prepare to Deploy Shanghai Public Testnet, Focus on Staked Ether Withdrawals – Technology Bitcoin News
According to the Jan. 5, 2023 All Core Devs (ACD) meeting, Ethereum developers are preparing to deploy a public testnet for the highly anticipated Shanghai hard fork in February 2023, with the mainnet...
BlockFi Will Submit Assets And Liabilities For Bankruptcy On January 11
In a recent announcement, the cryptocurrency lending company BlockFi stated that it will provide information regarding its assets and liabilities, in addition to the payments that it received prior to...
The Block: Bithumb probed by South Korean tax officials: Yonhap News Agency
The National Tax Service (NTS) of South Korea has reportedly launched a “special tax investigation” into Bithumb Korea and Bithumb Holdings. On Jan. 10, tax agents raided BithumbR...
Huobi Korea Wants To Separate And Change Name
On the 9th of January, it was reported by the media site New1 in South Korea that the cryptocurrency exchange Huobi Korea is making plans to buy its shares from Huobi Global and change its name. Huobi...
ETH Above $1,330, Consolidating Recent Gains – Market Updates Bitcoin News
Ethereum mostly consolidated during Tuesday’s session, as prices continued to trade close to recent highs. Following a move to a three-week peak to start the week, markets maintained bullish sentiment...
Cryptocurrency Rose Ranks in Popularity as Investment Option in Chile in 2022 – Finance Bitcoin News
Cryptocurrencies rose in popularity in Chile, according to a survey from global consulting firm Bain & Company. The survey found that crypto is ranked as the third most popular investment asset am...