First Mover Asia: Bitcoin Holds Steady Near $27K as Investors Weigh Debt Ceiling Developments
23.5.2023
ALSO: Former CoinDesk head of research writes that despite government efforts in such large, emerging countries as Pakistan and Nigeria to curb crypto activity, citizens there seem to be turning to digital assets as a hedge
Treasury Secretary Yellen Insists US Could Default on June 1 — Goldman Sachs Estimates ‘Real Deadline’ Is a Week Later
23.5.2023
U.S. Treasury Secretary Janet Yellen has insisted that the U.S. could default on its debt obligations on June 1. “I think that’s a hard deadline,” she stressed. Meanwhile, global investment bank Goldman Sachs has estimated that the “real deadline” for a possible U.S. default is “more like”...
BlockFi Sent Out Reorganization Plan ‘Prematurely,’ Court Orders Them Withdrawn
23.5.2023
Bankruptcy cryptocurrency lender BlockFi took back statements it made earlier this month about a plan to reorganize which it said was done “prematurely.”
BlockFi released a “corrective letter to creditors” on Friday, directed by the court, asking them to disregard certain statements posted to...
Best Crypto to Buy Now 22 May – Render, Copium, Tron, AiDoge.com, Apecoin, Sponge, Ecoterra
23.5.2023
With the crypto markets seeing less trading volume, Bitcoin's price fluctuations have mellowed lately.
However, on-chain data shows that long-term Bitcoin holders are continuing to hold on to their positions.
As a result, Bitcoin is presently trading within a tight price range. Given this, what...
LUNC Burn Can't Help Terra Luna Classic Price, New Crypto Coin Burns 30% of Token Supply
23.5.2023
The Terra Classic (LUNC) price has been in a downtrend throughout 2023 despite the LUNC coin burn, its total supply still 5.87 trillion tokens.
New cryptocurrency Copium is burning 30% of its supply, aiming to achieve what the former Terra LUNA hasn't. Since the announcement of its token burn...
Core Scientific Hopes to Emerge from Bankruptcy by September, Lawyers Say
23.5.2023
Core Scientific should “trim” its restructuring timeline by “at least [one] month,” the federal judge overseeing the crypto miner's bankruptcy said during a Monday hearing as creditors called for the insolvent crypto miner to fast-track its plans to emerge from Chapter 11 bankruptcy
Dash Blockchain Halts After Upgrade Attempt, Possible Fork Detected
23.5.2023
Multiple sources have reported that the Dash blockchain came to a standstill at block height 1,874,879 following an attempted upgrade to version 19 by the developers. As of now, data indicates that the most recent block verified on the network was over 16 hours ago. Dash Network Upgrade Fails...
In NFT Sales, Bitcoin Jumps to No. 2 Spot in a Matter of Months
23.5.2023
According to data platform CryptoSlam, NFTs on Bitcoin have grossed about $167 million in the past thirty days, creeping up on Ethereum’s number one position, which was roughly $397 million over the same period
Should Bored Apes or other NFTs be regulated as securities?
22.5.2023
Bored Apes look a lot like baseball cards. But regulators — particularly at the Securities and Exchange Commission — are making a strained case to the contrary
Crypto Hacks Are Down and Hackers Tend to Return Stolen Money: TRM Labs Report
22.5.2023
The sanctions against Tornado Cash, as well as last year's arrest of the Mango Markets infiltrator, motivate hackers to return their loot, researchers believe
New Book Reveals Central Banks’ Role in Libor and Euribor Rate-Rigging Scandals
22.5.2023
According to an extract from a book called “Rigged,” central banks and global policymakers helped coordinate the rate-rigging scandals Libor and Euribor on a large scale. Written by Andy Verity, the book exposes how various central banks and politicians exerted pressure on banks during the Great...
Bitcoin volatility drops amid decline in liquidity, but a possible catalyst is approaching
22.5.2023
Bitcoin volatility has dropped as new liquidity is not flowing into the market, but on-chain data presents multiple reasons why BTC investors continue to hold