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Israel-Hamas Conflict Shakes Global Markets: Emerging Stocks and Crypto Slide, Oil and Metals Surge
9.10.2023
Global markets took a hit today as tensions between Israel and Hamas escalated into full-blown warfare over the weekend. The conflict has caused ripples across asset classes, sending emerging stocks and cryptocurrencies on a downward trend while boosting the value of oil and precious metals....
Ripple's chief financial officer steps down amid SEC lawsuit
9.10.2023
The SEC filed a lawsuit against Ripple in December 2020 for using XRP to raise funds, which the commission claimed was a violation of securities laws
Ian Freeman Sentenced for Selling Bitcoin Without License, Judge Swats Down SEC Appeal in Ripple Case, and More — Week in Review
8.10.2023
Free Talk Live co-host Ian Freeman has been sentenced to eight years in prison for selling bitcoin without a license, the SEC has taken in a loss in its push for interlocutory appeal against Ripple, and a verified “Satoshi” handled has stirred up controversy and debate on social media...
JPMorgan CEO Warns of 2 ‘Extraordinary’ Storm Clouds Hitting US Economy With Potential ‘Bad Outcomes’
6.10.2023
JPMorgan Chase CEO Jamie Dimon has warned of two “extraordinary” things happening today that may have “bad outcomes” for the U.S. economy. Moreover, the executive has urged investors and businesses to be prepared for higher interest rates. “I don’t think inflation will keep...
Binance CEO CZ Turned Down $40 Million Deal with SBF for Futures Exchange
5.10.2023
Binance CEO Changpeng "CZ" Zhao turned down a $40 million offer from former FTX CEO Sam Bankman-Fried in March 2019 to create a cryptocurrency futures exchange.
At the time, Binance was primarily a spot crypto exchange, and the idea of a futures-only platform was a deviation from its existing...
Bitcoin, Ethereum Technical Analysis: BTC Approaches Key Price Ceiling Ahead of Friday’s US Payrolls Report
5.10.2023
Bitcoin continued to consolidate on Thursday, ahead of the upcoming U.S. nonfarm payrolls (NFP) report in the United States. Payrolls are expected to come in at 170,000 for September, down from 187,000 the month prior. Ethereum fell for a fourth straight day. Bitcoin Bitcoin (BTC) continued...
Polygon Co-Founder Jaynti Kanani Steps Down After Six Years
5.10.2023
Jaynti Kanani, the co-founder of Ethereum layer 2 solution Polygon, has revealed that he is taking a step back "from the day-to-day grind" in the project after dedicating six years to its development and growth.
In an Oct. 4 X post, Kanani said he "decided to step back" about six months ago...
DOJ Clamps Down on SBF’s Regulatory Loophole Defense Amid Ongoing Fraud Trial
4.10.2023
The Department of Justice (DOJ) has asked the judge in Sam Bankman-Fried’s (SBF) criminal case to restrict several planned defense arguments about financial regulations. Prosecutors said in a new court filing that SBF should not be allowed to claim he’s innocent because cryptocurrency...
Polygon co-founder steps down, will contribute 'from the sidelines'
4.10.2023
Jaynti Kanani said he had stepped back “from the day-to-day grind” at Polygon roughly six months ago
Polygon Co-Founder Jaynti Kanani Steps Down
4.10.2023
Kanani, who founded Polygon in 2017 alongside Sandeep Nailwal and Anurag Arjun, announced his plans in a post on X (formerly Twitter) on Wednesday
Today in Crypto: Yield Protocol Shutting Down, Wirex Reveals App Chain Connecting DeFi & TradFi, Montréal Exchange Announces BTC Futures Contracts
4.10.2023
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: Yield Protocol Shutting Down, Wirex Reveals App Chain Connecting DeFi & TradFi, Montréal Exchange...
Yield Protocol to permanently 'wind down' operations by December 2023
4.10.2023
Unfavorable crypto regulations in the United States, Europe and the United Kingdom was one of the factors for Yield Protocol's untimely shut down
Is Bitcoin Cash Going to Zero? $300 Million Trading Volume Sends BCH Price Down 7% as New Bitcoin Project Secures $400,000
4.10.2023
Bitcoin Cash (BCH) has undertaken a -7.71% retracement move to test accumulatory support at the 20DMA, but with price action tumbling - is Bitcoin Cash going to zero?
The downside shift comes amid declining trading volume for BCH, which has dropped -48.19% overnight, to a lowly $246k....
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DeFi Project Yield Protocol to Wind Down by Year's End
4.10.2023
At its peak in April 2022, Yield Protocol had over $22 million in total value locked, but this figure has since dwindled to around $2 million
US Treasury sanctions crypto wallets as authorities crack down on fentanyl
3.10.2023
According to Deputy Treasury Secretary Wally Adeyemo, the sanctioned wallets "received millions of USD funds over hundreds of deposits" used for illicit drugs
Binance to shut down BUSD lending by October 25
3.10.2023
The move is part of a phased termination of BUSD support by February 2024
Biggest Movers: DOGE, SHIB Down 3%, Falling for Second Straight Session
3.10.2023
Dogecoin was a notable mover on Tuesday, as the meme coin extended recent declines after a failed move beyond a key resistance level. The drops came as the wider crypto market cap also slipped. It is trading 2.87% lower as of writing. Shiba inu also edged lower in today’s session. Dogecoin (DOGE)...
Congress Passes Funding Bill to Avoid US Government Shutdown
1.10.2023
The United States Senate passed a bipartisan bill on Saturday evening, just three hours before the midnight deadline, to prevent a government shutdown.
The bill, which received overwhelming support with a vote of 88 to 9, funds the government for the next 45 days, until November 17.
In a late...
Bitcoin Ordinal Inscriptions Cool Down After Historic Peak
1.10.2023
Bitcoin Ordinal inscriptions have tapered off markedly since September 24, 2023, following a historic peak on September 15. This deceleration emerges as inscriptions nestled within the Bitcoin blockchain verge on the notable 35 million milestone. A Look at Bitcoin’s Recent Inscription Decline...
Lambo Livestream Goes Wrong for Bitboy, Kiyosaki Says Buy BTC, Lawmakers Push ETF Approval — Week in Review
1.10.2023
A livestream in which Ben “Bitboy” Armstrong is hunting down his allegedly stolen Lamborghini ends up with the crypto influencer arrested. In other news this week, Rich Dad Poor Dad author Robert Kiyosaki says to purchase bitcoin before markets crash, and U.S. lawmakers push SEC Chair...