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First Mover Asia: Bitcoin Ticks Up as Congestion Wanes and Investors Ponder the Next Price Spur
10.5.2023
ALSO: SAM Bankman-Fried's motion to dismiss most charges against him raises questions about the reach of the Commodities Exchange Act
US Authorities Extradite UK Citizen Behind 2020 Twitter Hack, SIM Swap Crypto Theft
10.5.2023
Twenty-three-year-old Joseph O’Connor, known by his handle PlugWalkJoe, was arrested in Spain in 2021
Dave Ramsey Dismisses De-Dollarization Concerns — Says BRICS Currency, Chinese Yuan Can’t Take Down US Dollar
10.5.2023
Personal finance expert and best-selling author Dave Ramsey has dismissed de-dollarization concerns and the prospects of a BRICS currency, the Chinese yuan, or the Russian ruble displacing the U.S. dollar in international trade. “They don’t have the muscle to take down the dollar,”...
Bitcoin Moves Sideways at $27.5K as Investors Await CPI Inflation Reading
10.5.2023
Equities slid. Investors will be watching Wednesday's release of the April Consumer Price Index for clues about the Federal Reserve's next monetary policy decision
Previewing Congress's Joint Crypto Regulation Hearing
10.5.2023
Over the past several weeks, Congress – particularly the House Financial Services Committee – has held a number of hearings on crypto and its role in the world. Even a hearing supposedly focused on overseeing the U.S. Securities and Exchange Commission instead mostly saw questions on crypto...
SEC Blasted on Custody Proposal by JPMorgan, Crypto Firms and a Fellow Agency
9.5.2023
The U.S. Securities and Exchange Commission (SEC) went too far when it proposed a new rule demanding investment firms safeguard all of their clients’ assets – including crypto – with approved custodians, according to an array of critics not often in alignment. The proposal drew loud objections from...
President Raisi Calls on Central Bank of Iran to Ditch US Dollar in Trade, Shift to National Currencies
9.5.2023
Iranian president Ebrahim Raisi has called on the Central Bank of Iran to lay the groundwork necessary to ditch the U.S. dollar for bilateral trade settlements and to make the switch to use the Iranian real whenever possible. The Central Bank of Iran has already started implementing this policy...
Market Makers Jane Street, Jump Retreating From U.S. Crypto Trading: Bloomberg
9.5.2023
The move comes as U.S. regulatory scrutiny of the crypto industry has intensified, Bloomberg reported
Aragon Cancels Planned Community Control of $200M Treasury Amid Battle With Activist Investors
9.5.2023
The Swiss organization alleged investors including Arca were mounting a 51% attack
The Top Ten Most Played Games On Steam Deck: April 2023 Edition
9.5.2023
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Marathon Teams Up With Abu Dhabi's Zero Two for Middle East's First Large-Scale Liquid Cooled Bitcoin Mining
9.5.2023
The U.S.-based miner is teaming with Zero Two, a digital assets infrastructure development company focused on supporting the power grid of Abu Dhabi
Litecoin Transactions Hit Record High as Bitcoin Fees Surge Amid BRC-20 Frenzy
9.5.2023
Transaction fees on the Bitcoin blockchain have hit a two-year high due to the growing popularity of so-called BRC-20 tokens
Coinbase Works to Fix Wallet Support for Ethereum Staking Withdrawals Stuck in Limbo
9.5.2023
According to Coinbase’s customer support, “Our systems currently do not support deposits to Coinbase ETH addresses from external validators… Funds may be stuck until we are able to support these transactions.”
A Eulogy for a Day Trader's Exchange
9.5.2023
Bittrex, a popular exchange during the initial coin offering (ICO) boom, offered users and the crypto industry invaluable lessons in economics and regulatory affairs
Worldcoin Launches World App to Bolster Decentralized Identity and Finance for Mass Adoption
9.5.2023
Worldcoin, the project supported by Openai CEO Sam Altman, has launched the World App to complement the release of World ID. The application aims to democratize decentralized identities and finance by utilizing World ID to enable users to sign into different websites, crypto applications, and share...
Bitcoin Cash Rises 11% but Gains Could Be Short-Lived
9.5.2023
The token was up 11% on the day, but analysts think the cryptocurrency will not be able to sustain its gains
Cardano Price Forecast as Total Value Locked on Blockchain Rises by 300% in 2023 – Can ADA Reach $10?
9.5.2023
Cardano (ADA), the cryptocurrency that powers the smart-contract-enabled Cardano blockchain, continues to suffer amid elevated crypto market selling pressure on Tuesday.
Price forecasts thus remain downbeat.
ADA/USD was last changing hands around 0.5% lower on the day in the $0.36s, with losses...
Meme Token PEPE Plunges Below $1 Billion Mark Amidst Market Decline
9.5.2023
The recently launched meme token, inspired by Pepe the Frog and dubbed PEPE, experienced a 12% decline against the U.S. dollar on Tuesday, plummeting its market valuation beneath the $1 billion threshold to a present $790 million. Concurrently, the total meme coin sector faced a 7% loss against...
Heavyweight Hedge Fund Arca Joins Activist Fight Against DAO Builder Aragon
9.5.2023
The crypto investment fund sent a letter demanding Aragon conduct buybacks of its ANT token
There's No Such Thing as High Fees on Bitcoin
9.5.2023
Bitcoin’s BRC-20 debate is a re-run of the 2015-17 blocksize wars, except this time some of the combatants have changed sides, says Nic Carter