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Bitcoin Technical Analysis: BTC Holds Steady After Binance Settlement and Fed Minutes
22.11.2023
The price of bitcoin is coasting along under the $37K range following the recent settlement between the U.S. Department of Justice (DOJ) and Binance. At the same time, the U.S. Federal Reserve’s minutes were released on Tuesday showing no signs of any possible rate cuts or monetary easing....
Kraken Exchange CEO Jesse Powell Slams SEC for ‘Assault on America’
22.11.2023
Jesse Powell. Source: a video screenshot, Bloomberg Technology / YouTube Jesse Powell, co-founder of crypto exchange Kraken, has called the US regulators masochists attacking America and extortionists chasing crypto companies out of the country. Powell came after the country’s regulators...
Genesis Files Lawsuit Against Former Business Partner Gemini Trust, Seeking to Recover $689 Million
22.11.2023
Source: AdobeStock / Timon Crypto lender Genesis Global Capital has taken legal action against cryptocurrency exchange Gemini Trust in an attempt to reclaim over $689 million. The lawsuit was filed in the US Bankruptcy Court for the Southern District of New York on Tuesday, alleging that Gemini...
New Binance CEO Says Exchange Has “Robust Revenues and Profits,” Hinting at Ability to Pay $4.3B Fines
22.11.2023
Image Source: Bloomberg New Binance CEO Richard Teng has hinted at the exchange’s ability to pay the $4.3 billion it has been fined by the US Justice Department. Teng, who was named CEO of Binance on Tuesday after Changpeng Zhao stepped down, said in a recent post on X (formerly Twitter)...
Uranium-backed Token Uranium3o8 Goes Live on Uniswap
21.11.2023
Source: Pixabay Uranium3o8, an asset-backed token backed by uranium, has gone live on Uniswap. In a press release published on Tuesday, Bahamian financial advisory firm Sanmiguel Capital Investment Ltd announced that its uranium-backed token had opened for trading on Uniswap, with the goal...
DOJ Announces Aeizure of $9 Million of Tether Tied to ‘Pig Butchering’ Scams
21.11.2023
On Tuesday morning, the U.S. Department of Justice announced the seizure of nearly $9 million worth of Tether linked to “pig butchering” scams that exploited over 70 victims. How the fraudsters did it Originating in Southeast Asia, “pig butchering” is a practice conducted by perpetrators who prey...
Security Firm dWallet Labs Uncovers Vulnerability with $1 Billion of Crypto At Risk
21.11.2023
Source: Pixabay Blockchain security firm dWallet Labs recently unveiled a vulnerability that it asserts has the potential to impact approximately $1 billion worth of crypto. The security firm published a Medium blog post on Tuesday saying that it had discovered a potential vulnerability...
Binance CEO Changpeng “CZ” Zhao Resigns and Pleads Guilty – What’s Going On?
21.11.2023
Changpeng Zhao, the co-founder and CEO of Binance, has pled guilty to violating criminal U.S. anti-money laundering requirements and will forfeit his executive position at the crypto exchange. Expected to appear in Seattle federal court on Tuesday afternoon, Zhao (commonly known as CZ) will...
Bitcoin Minetrix Presale Enters Stage 9: Last Chance to Buy Before Price Hike
21.11.2023
Tuesday, November 21, 2023 – The highly anticipated Bitcoin Minetrix presale is set to enter its ninth stage tomorrow morning, marking a significant price increase in one of the most talked-about Bitcoin derivative projects of the year. This pivotal move comes as the Bitcoin Minetrix presale...
Tether’s $1 Billion Deposit With Britannia Financial Subsidary At Center of Legal Battle in London’s High Court
21.11.2023
Source: Adobe/Jim Tether’s deposit of over $1 billion with a financial services firm has come under scrutiny in London’s High Court. According to a Tuesday report from The Financial Times, Tether’s funds were deposited with a subsidiary of investment bank Britannia Financial...
Bitcoin Price Prediction: BTC Surge Over $37,000 Amid Record Transactions
21.11.2023
In a remarkable turn of events, Bitcoin’s price surged to $37,444, marking nearly 1% increase on Tuesday, signaling robust investor confidence and market dynamics. This notable ascent coincides with significant developments in the cryptocurrency sphere, including Tether’s unprecedented...
Play the BlackRock Ethereum ETF Price Pump with ETHETF Token – Already 400% Gains at Launch
15.11.2023
Wednesday, November 15, 2023 – A 400% gain for early DEX hunters from ETHETF Token is fuelling a robust Ethereum ETF narrative in the crypto market after the new token launched on Uniswap yesterday. $ETHETF launched at 1pm GMT on Tuesday and secured quick 4x gains for the earliest buyers amidst...
Bitcoin Prediction as Bulls Push Price Towards New Yearly Highs – Can BTC Hit $40,000 Soon?
15.11.2023
Bitcoin (BTC) Chart / Source: TradingView Bitcoin (BTC) is pumping on Wednesday, as mass liquidations of leveraged traders’ positions continue to drive large swings in the market. The BTC price was last trading around $37,700, up more than 6% on the day and around 7% versus Tuesday’s lows just...
Biggest Crypto Gainers Today on Uniswap – DOJO, KEKEC, FANZ
15.11.2023
Source: Uniswap After profit-taking liquidations of overly aggressive/greedy leveraged long positions saw major cryptocurrencies pull back aggressively from highs on Tuesday, the market is enjoying a strong recovery on Wednesday amid renewed dip buying. Bitcoin (BTC) dipped as low as $35,000...
SEC’s FY 2023 Enforcement Actions Yield $5 Billion in Fines from Wall Street and Crypto Giants
15.11.2023
Source: Adobe/Kristina Blokhin The US Securities and Exchange Commission (SEC) has announced that its enforcement actions in fiscal year 2023 resulted in nearly $5 billion in fines and reimbursements to investors. In a Tuesday press release, the agency said it has targeted Wall Street brokerages...
“Mutant Ape Planet” NFT Designer Pleads Guilty to Fraud, Faces 5 Years in Prison
14.11.2023
Aurelien Michel, the 25-year-old designer of “Mutant Ape Planet” NFTs, pled guilty to conspiring to commit wire fraud at the federal courthouse in Brooklyn, New York, on Tuesday. A $3 million fraud scheme Michel admitted to luring in NFT investors with promises of giveaways, tokens, merchandise...
OKX Collaborates with Polygon Labs to Launch Testnet of X1, A High-Performance zkEVM Layer-2 Network
14.11.2023
OKX partners with Polygon Labs to test new layer-2 network X1. Image by AndriiKoval, Adobe Stock. On Tuesday, the sixth largest cryptocurrency exchange OKX announced a partnership with blockchain platform Polygon Labs to launch a test network for X1, a new zkEVM layer-2 solution designed to improve...
Top Crypto Gainers Today on DEXTools – GROK2.0, MUBI, WEB
14.11.2023
DEXTools Logo / Source: DEXTools X Account Crypto markets are succumbing to sell pressure on Tuesday as traders take profit in wake of strong gains nearly across the board in recent weeks. Bitcoin (BTC) was last down over 3% on the day in the low $35,000s and probing its 21DMA, whilst Ether (ETH)...
Senate Banking Committee Discusses Accountability, Oversight of Financial Regulators in Tuesday Hearing
14.11.2023
The Senate Committee on Banking, Houses, and Urban Affairs met on November 14th to conduct a hearing regarding oversight of financial regulators. Holding executives accountable “We must turn the lessons of this year into action,” said Senator Sherrod Brown (D – OH), Chairman of the U.S....
Hive Bolsters Mining Power With Purchase of 4,800 Bitmain S19k Bitcoin Miners Ahead of 2024 Halving
14.11.2023
On Tuesday, Hive Digital, a bitcoin mining company based in Vancouver, revealed its acquisition of 4,800 Bitmain S19k Antminer mining rigs. Hive stated that this purchase is intended to strengthen the firm and strategically position it for the anticipated reward halving. Vancouver’s Hive...