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Crypto Markets Today: Bitcoin Falls Below $21K; Genesis Nears Bankruptcy Filing; Bitzlato Founder Arrested
18.1.2023
Bitcoin fell 2% to trade at the $20,700 level, while ether was trading down 3% to the $1,530 level. Equities closed down
Crypto Technology’s Impact Goes Beyond Crypto Technology
18.1.2023
Token-based fundraising can help more than underserved markets, projects and entrepreneurs, says CoinDesk columnist Noelle Acheson. It can also help other new technologies evolve
Crypto Lawyers Share Blame for FTX, Other Disasters, CFTC Commissioner Says
18.1.2023
Lawyers, accountants and other financial professionals should have stepped in to halt the fatal mistakes going on inside crypto firms such as FTX long before they imploded, said Christy Goldsmith Romero, a commissioner with the U.S. Commodity Futures Trading Commission (CFTC)
Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis
18.1.2023
According to a shareholders’ letter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has suspended dividends until further notice. This news follows the U.S. Securities and Exchange Commission (SEC) charging a subsidiary firm of DCG, Genesis...
Skybridge Capital Founder: The Time to Invest in Crypto Is Now
18.1.2023
Anthony Scaramucci says crypto is closer to a bottom and long term investors should be looking at the markets with a three to five year perspective in mind
Genesis to Declare Bankruptcy Soon While DoJ to Announce Major International Crypto Enforcement Action - Bitcoin Drops
18.1.2023
Bloomberg reports that Genesis may be getting ready to declare bankruptcy. The troubled crypto lender has been under the shadow of insolvency for weeks, following the credit crisis that has hit the crypto industry.
Genesis was one of the largest lenders in the space, often acting as a third-party...
Crypto Brokerage Genesis Global Capital May Be Nearing Bankruptcy Filing: Reports
18.1.2023
Genesis had previously halted customer withdrawals following FTX's epic collapse
Binance CEO Changpeng Zhao Says Many Crypto Players ‘Get Distracted’ By Money
18.1.2023
The founder of the world’s largest crypto exchange said it’s important to focus on the product and users
Bitcoin and Ethereum correct as Bitzlato take down, tech layoffs and economic worries dominate headlines
18.1.2023
U.S. regulators’ announcement of enforcement action against Bitzlato, a softening stock market and a fresh wave of layoffs in big tech companies resulted in an abrupt correction in the crypto market
CoinEx 2022 Year in Review: New Slogan, Better Product, and More User-Friendly Services
18.1.2023
PRESS RELEASE. 2022 is an extraordinary year for the crypto industry, and it is also a year of struggle for both institutions and users. For CoinEx, 2022 was also a special year – quite a few crypto platforms collapsed overnight, and the panic continued as the market went through disruptive...
US Disrupts Bitzlato Crypto Exchange, Arrests Founder
18.1.2023
Justice Department ////TK///, calling it a “major” international action
FTX fallout: SBF trial could set precedent for the crypto industry
18.1.2023
The FTX saga is set to enter its next phase in October with the start of SBF’s trial. However, industry experts are concerned that prosecutors could use him to set an example
US authorities seize crypto website Bitzlato as part of international enforcement action
18.1.2023
U.S. Department of Justice to announce enforcement action against Bitzlato exchange
Would a US Debt Default Derail Crypto Price Rally or Embolden It?
18.1.2023
The rising interest rates in the US mean that the US government is now paying more in interest repayments on their debt than the entirety of their spending on their armed forces.
The current debt repayments are going to be a difficult burden for the US taxpayer to bear, particularly when...
Coinbase Exits Japan Citing "Market Conditions"
18.1.2023
Cryptocurrency exchange Coinbase is exiting Japan due to market conditions. The move comes days after the company announced its third round of layoffs in less than a year amid the ongoing bear market.
In a Wednesday blog post, the exchange said it has made the "difficult decision" to halt...
Today in Crypto: Coinbase Halts Japan Operations, Digital Currency Group is Suspending Quarterly Dividends, Amber Group is Slashing Costs and Jobs
18.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Coinbase Halts Japan Operations, Digital Currency Group is Suspending Quarterly Dividends, Amber Group...
Justice Department to Announce Major International Crypto Enforcement Action
18.1.2023
The department will hold a press conference at noon Eastern Time
Why are Ethereum (ETH) whales so excited about the crypto project BudBlockz (BLUNT)?
18.1.2023
If you are like most cryptocurrency investors, you need help deciding which coins you should invest in. There are hundreds of options to choose from, and although some coins stand out from the rest, choosing where to put your money can still be a hectic task. Ethereum whales, however, have already...
Crypto Mason’s death threats from maxis: Hall of Flame
18.1.2023
Bitcoin and Other Crypto Prices Pump After US Retail Sales and PPI Inflation Falls More Than Expected
18.1.2023
Bitcoin and wider crypto prices are getting a strong tailwind today after the release of the latest US economic data shows softening inflation and slowing retail sales.
Bitcoin at the time of writing is priced at $21,565, up 0.9% and Ethereum is currently 0.85% higher at $1,602.
The closely...