Bitcoin Historical Patterns Could Confirm New Bull Market In A Week
"Next Saturday, the BTC Monthly Candle will have closed above the Macro Downtrend to confirm a new Bull Market," a crypto analyst said.
Major CEX Wants An Inflation-Tracking Stablecoin On New Layer-2 Platform
Last week, Brian Armstrong assured Coinbase's customers and clients that while the platform is under scrutiny by the financial regulator, it will keep on building the "most trusted products and services" to "update the financial system."
Amazon Seemingly Confirms Rumors Of Web3 Incursion, Email Teases E-Commerce Giant's NFT Plans
Over the past months, reports about Amazon exploring the world of NFT and supposedly launching an NFT marketplace have been making rounds online.
Do Kwon Suggests Authorities Lying About Passport Forgery, To Appeal 30-Day Extended Detention
Kwon and Chang-joon denied allegations that they attempted to leave Montenegro using fake passports, according to a report.
Venezuela Nabs 21 Officials, Businessmen Linked To Crypto-Related Oil Scheme, 11 More On Wanted List
The government released arrest warrants for 11 other individuals supposedly involved in the said oil scheme.
FTX Hits Pay Dirt After Gaining Access To Millions; Investors Expect To Get Money Back Soon
"The Debtors carefully considered and analyzed the offer as set forth in the Agreement in comparison to its other options and concluded that a sale of the Interests will result in obtaining maximum value for the Interests, and is in the best interests of the Debtors' estates and creditors," a Wednesday court filing read.
Crypto Law Founder Debuts 'Connect To Congress' Campaign Over SEC's 'Overreach' In Crypto Industry
The Connect to Congress campaign aims to assist crypto investors and enthusiasts to share their perspectives on cryptocurrency regulations and air their concerns with lawmakers.
Prosecutors In New York Charge Do Kwon With Fraud Just Hours After His Arrest In Montenegro
If Kwon is extradited to New York, he will be facing prosecution by the same office handling a criminal case against Sam Bankman-Fried, the co-founder and former CEO of FTX.
Bitcoin Surges As Investors Shrug Off Interest Rate Spike And Banking Concerns
A crypto analyst mentioned altcoins and noted that the tokens' rally could happen when Bitcoin dominance retraces on its way to soaring over 52%.
Terra Tokens Sink Following News Of Do Kwon's Arrest In Montenegro
The crypto mogul's identity was confirmed through a fingerprint match, Interpol's national central bureau in Seoul said.
Lindsay Lohan And Jake Paul Among Celebrities SEC Charged For Promoting Crypto
For the SEC director, the alleged behavior of the TRON founder and that of his backer was part of an "age-old playbook to mislead and harm investors."
Bitcoin Slumps As Federal Reserve Stays Focused On Inflation Hiking Interest Rate By 25 Bps
The Federal Reserve once again raised interest rates by 25 bps during its meeting on Wednesday with FOMC chair Jerome Powell noting that "we no longer expect that ongoing rate increases will be appropriate."
Coinbase CEO Reacts To SEC's Warning Over Potential Securities Law Violations
Although many criticized the SEC for its most recent move against a crypto company, others took the chance to gloat and hit Coinbase back.
FTX Bankruptcy Estate Recovers Over $400M From The Hedge Fund Run By SBF's Alleged Former Lover
A filing in the U.S. bankruptcy court in Delaware detailed that Modulo Capital agreed to relinquish any claims to the $56 million in assets held in FTX and FTX US accounts with the remaining $404 million in assets converted into cash at J.P. Morgan.
Telegram Beats Twitter, Microsoft As It Debuts Feature That Allows Users To Send Crypto Via Chat
Edge's beta build uncovered this month revealed that Microsoft is exploring integrating a crypto wallet into its browser.
Crypto Firms Turn To Swiss Banks After Silvergate Capital, Signature Bank Collapse
Industry watchers believe that one of the main reasons behind crypto firms' sudden interest in Swiss banks is because of their clear regulations, something which financial regulators in the U.S. are still arguing about.
IRS Releases Guidance, Considers Taxing NFTs Like Other Collectibles
The Treasury Department and the IRS announced that "they are soliciting feedback for upcoming guidance regarding the tax treatment of a nonfungible token (NFT) as a collectible under the tax law," the announcement read.
Hackers War: Ronin Bridge Exploiter Tries To Swindle Euler Finance's Attacker
According to a former Ethereum Foundation developer, while the motive behind the message is unclear, it could be an attempt to see if Euler Finance's exploiter would fall for the ploy.
Sony's NFT Patent Highlights Major Step To Bring PlayStation To Web3
Sony's latest patent filing underlines its push to revolutionize the gaming experience as the world embraces emerging technology.
Coinbase Offers Multi-Billion Dollar Credit Facility To Circle Following SVB Collapse
Coinbase offered Circle a lifeline, an interesting act considering that the CEX was once Circle's rival, although both now share management and profits of the stablecoin USDC.
Musk's US Presidential Bet Urges CBDC Ban, Suggests Its Government's Way To Surveil, Control Citizens
"Today's announcement will protect Florida consumers and businesses from the reckless adoption of a 'centralized digital dollar' which will stifle innovation and promote government-sanctioned surveillance," DeSantis said.
MicroStrategy Now Almost Even On Bitcoin Investment As Crypto Asset Rallies Amid US Banking Crisis
"MicroStrategy has survived a crypto ice age and now has an opportunity to take advantage of growing interest in DeFi and all the other crypto protocols with better growth potential," a senior market analyst said.
Signature Bank Fiasco Forces Major Crypto Trading Platform to Look For New Payment Network Provider
Last week, the NYDFS said that it intervened in the business of Signature bank because regulators lost faith in its management.
Did Microsoft Beat Twitter To A Pulp? Leaked Beta Build Reveals Plan For Edge Crypto Wallet Integration
Software giant Microsoft could be testing an Ethereum-based cryptocurrency wallet in its Edge browser, according to a software sleuth who goes by the Twitter handle @thebookisclosed.
Bitcoin Hits New High, Records Double-Digit Surge As Fears Of Banking Crisis Spread
Bitcoin investors are now bullish, especially as former Coinbase Chief Technology Officer Balaji Srinivasan predicted that the impending global banking crisis could take the world's largest crypto asset to $1 million in less than 90 days.
Euler Finance Hackers Use Flagged Address Linked To North Korean-Based Cybercriminals
"Euler has always been a security-minded project. The Euler smart contracts, including the vulnerable lines of code, were audited," Eluer Finance CEO said in a tweet following the $197 million hack.
Leaked Emails Reveal Shocking Connection Between SBF, CFTC Commissioner Wetjen And FDIC Chairman Gruenberg
In one of the leaked emails, Wetjen informed the FDIC chair about FTX's risk model, which was about its pending application at the CFTC, seeking to amend regulations that would foster more federally authorized crypto products.
South Korea Pulls All Wires To Arrest And Extradite Do Kwon, 5 Other TFL-Connected Personalities
Financial regulators and law enforcement agencies in the United States have also started investigating the collapse of Terra's so-called algorithm stablecoin.
YouTubers Face $1B Class-Action Lawsuit Over Alleged FTX Crypto Fraud Promotion
"I'm going to roast these Low IQ plebs and their lawyers," tweeted BitBoy Crypto, one of the named "defendants" in the lawsuit.
Bankrupt Crypto Lender Moves 270 Billion SHIB To Coinbase
The crypto lender has already secured court approval to sell its assets to Binance US, which, over the past weeks, has been objected to by financial regulators like the U.S. SEC and the FTC.
