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FTX seeks to claw back $4B from Genesis in a battle of the bankrupt
4.5.2023
The bankrupt crypto exchange wants to recoup billions from the bankrupt crypto lender claiming it was “instrumental” to FTX’s “fraudulent” business model
Bitcoin Back Above $29,000 Post-Fed as Markets Bet on Rate Cuts – Where Next for the BTC Price?
4.5.2023
Bitcoin has recovered back above the $29,000 level, rising above its 21 and 50-Day Moving Averages in doing so, in wake of another rate hike from the US Federal Reserve.
The US central bank lifted the federal funds target range by 25 bps on Wednesday to 5.0-5.25%, marking 500 bps worth of rate...
FTX Seeks to Claw Back Nearly $4B in Ongoing Bankruptcy Case
3.5.2023
Bankrupt crypto exchange FTX wants to claw back nearly $4 billion in funds from similarly bankrupt Genesis Global Capital, the company said in a court filing Wednesday
Cathie Wood's Ark Invest Increases Coinbase Position with Back-to-Back Stock Purchases – What Does She Know?
3.5.2023
ARK Invest, Cathie Wood's investment management firm, has remained bullish about Coinbase shares despite its tanking price amid a lawsuit brouhaha.
The investment firm added more shares to its portfolio on May 1 and now holds nearly 50% more COIN shares than last month.
The source of Cathie...
Biggest Movers: MATIC Rebounds, as SOL Falls Back Towards Support
3.5.2023
Polygon climbed higher in today’s session, as cryptocurrency markets marginally rebounded on Wednesday. The global crypto market cap was up by nearly 1% earlier in the day, as Tuesday’s losses eased. Solana, on the other hand, remained lower, as it fell towards a key price floor. Polygon (MATIC)...
Mad Lads working to bring Solana back on track
2.5.2023
It has been a while now since the Solana NFT ecosystem was up against certain obstacles. This compelled the deGods, as well as y00ts collections, to shift away from the blockchain. So was the case with the prime Solana marketplace, Magic Eden, which was having difficulty in satisfying both...
Maybe We Shouldn't Go Back To The Moon After All
2.5.2023
Humans are going back to the Moon! NASA’s Artemis program is going to send a bunch of astronauts to the Lunar surface in the coming years, initially for Moon business, but later to start work on the eventual journey to Mars. It’s exciting stuff, but as this art series shows, it can’t hurt to pack...
Biggest Movers: LTC Back Under $90.00, as SOL Extends Declines
1.5.2023
Litecoin fell below the $90.00 level on Monday, as sentiment in cryptocurrency markets remained mostly bearish. The global market cap is down 1.87% at the time of writing, which seems to be a result of the upcoming Federal Reserve interest rate decision. Solana was also in the red today. Litecoin...
Terra Classic Advocates Propose Plan to Re-Establish USTC’s Peg With US Dollar, Token’s Value Surges by Over 9%
28.4.2023
Almost 12 months back, terrausd (UST), an algorithmic stablecoin, suffered a detachment from the U.S. dollar, causing the Terra ecosystem to crumble shortly thereafter. At present, supporters of the Terra Classic blockchain community are deliberating on a plan to revive the ecosystem...
Coinbase Issues Warning to SEC: Prepared to Fight Back If Sued
28.4.2023
Major crypto exchange Coinbase continues its pushback against the US securities regulator, telling the agency that it would be a "well-resourced adversary" if sued.
Coinbase responded to a notice sent last month by the US Securities and Exchange Commission (SEC), which suggested that the agency...
Coinbase Shares Wells Response, Challenges SEC’s Change in Attitude Towards Its Core Businesses
28.4.2023
On April 27, Coinbase, the crypto exchange based in San Francisco, made public the disclosure of its response to the Wells notice it had received from the U.S. Securities and Exchange Commission (SEC) back in March. The company maintained that the regulatory body’s enforcement actions were...
Chelsea Manning: 'I'm Trying to Put the Cryptography Back in Crypto'
27.4.2023
The whistleblower turned security consultant also says the internet's basic infrastructure is not suited to privacy
‘Not the Right Time to Stop’ Rate Hikes, ECB Chief Economist Says
27.4.2023
Current indicators suggest the European Central Bank (ECB) should raise the interest rate in May, the monetary authority’s chief economist said. Future increases will depend on the economic data but this is still not the right time to stop, according to Philip Lane who believes the bank has...
Bitcoin Difficulty Estimated to Drop After 5 Back-to-Back Increases
26.4.2023
Bitcoin’s imminent difficulty change appears to be heading towards a possible decrease, marking the first time in over 73 days, ever since February 12, 2023. The network has witnessed a notable difficulty upswing of approximately 22.62% since block height 778,176. Consequently, with...
Bitcoin, Ethereum Technical Analysis: BTC Moves Back Above $29,000, After Customers Withdraw $100 Billion From First Republic Bank
26.4.2023
Bitcoin was back above $29,000 on Wednesday, as markets continued to react to concerns over First Republic Bank. It was reported that customers withdrew around $100 billion in deposits from First Republic in March. Ethereum was also higher on the news, climbing back above $1,900. Bitcoin Bitcoin...
S&P Global, Coinbase Back $6M Fundraise for Crypto Firm Credora
25.4.2023
The startup provides technological infrastructure for institutional credit across centralized and decentralized finance
Crypto Exchange Binance Is Back in Russia, Lifts Restrictions on Russian Users: Report
24.4.2023
Users in Russia report they once again can use locally issued Mastercard and Visa cards to deposit money on the crypto exchange more than a year following a wartime prohibition on such transactions
Wizards Of The Coast Raids YouTuber’s House To Take Back Magic: The Gathering Cards
24.4.2023
Sometimes, you accidentally buy something before it hits the street date, and you get bragging rights with all of your friends. In the case of one Magic: The Gathering streamer, obtaining a box of cards early landed him in hot water with one of the most infamous private security companies in...
Bitcoin Whale Transfers $13 Million Worth of Dormant Coins Dating Back to 2012 and 2013
21.4.2023
Following the transfer of $60 million worth of bitcoins on April 19, after more than nine years of dormancy, another whale has made its move. The whale, who acquired 1,129 bitcoins in 2012 and 2013, has transferred 464 bitcoins worth $13 million for the first time in nine years. 464 Bitcoin Move...
Bitcoin Could Quickly Rebound Back Above $30K as BTC Price Follows This Historic Trading Pattern
20.4.2023
Bitcoin could be in for a quick rebound back above the $30,000 level in the coming days if it follows in the footsteps of a historic trading pattern that looks to be unfolding.
According to an article released by Bloomberg, after Bitcoin has jumped by at least 3% one day only to then give back...