Search
Michael Howell Predicts Continued Surge in Global Liquidity Benefiting Stocks, Gold, and Crypto
23.1.2024
Crossborder Capital’s Michael Howell, a veteran in global finance, offered a liquidity-based view on the current state of the economy. He challenged the prevailing narrative of monetary tightening with evidence of a rise in liquidity, which in turn should uplift stocks, gold, and cryptocurrencies....
Coinbase Slams US Treasury’s Proposed Requirement for Crypto Platforms to Report All Mixing Activities
23.1.2024
Coinbase has criticized the US Treasury’s proposed rulemaking on cryptocurrency mixing, stating that it fails to effectively address regulatory gaps while placing unnecessary burdens on crypto platforms. In a comment submitted to the Treasury Department’s Financial Crimes Enforcement...
Solve the Riddle: Gemini’s Series of Posts on XRP Signals Possible Relisting
23.1.2024
Source: Pixabay Crypto exchange Gemini, founded by the Winklevoss twins, is possibly trying to relist Ripple (XRP) token, crypto community speculates. In a series of posts on X (formerly Twitter), Gemini expressed its interest in the token, hinting a possible expansion of XRP trading options....
Bitcoin and Ethereum Price Prediction as BTC Drops Lower and ETH Takes a Hit – Time to Buy the Dip
23.1.2024
In the dynamic world of cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH) are facing pivotal moments. Bitcoin, the most prominent cryptocurrency, has witnessed a continual downward trajectory, plunging to the $41,000 threshold on Monday. The entire global crypto market cap reflects this downturn...
BitRiver – Bitcoin Mining More Profitable in Russia Than US
23.1.2024
The head of Russia’s biggest crypto mining firm says that Bitcoin (BTC) mining is more profitable in his country than in the United States – and that halving will only heighten the discrepancy. Per RBC, Igor Runets, the Founder and CEO of BitRiver, said the difference would likely become more...
Crypto Prices Stabilize as SEC Approval of ETFs Ends Speculation and Reduces Volatility: Fineqia
23.1.2024
Bitcoin’s price has stabilized, closing the week at around $41,600, experiencing a marginal 0.4% decline compared to the previous week’s closing value of approximately $41,750. The reduced volatility can be attributed to the recent approval of ETFs by the SEC, putting an end...
Ripple Asks Judge to Deny SEC’s New Discovery Requests Concerning XRP
23.1.2024
Ripple Labs has opposed the requests by the U.S. Securities and Exchange Commission (SEC) for post-compliant discovery concerning XRP. Ripple argued that the regulator’s requests are “untimely” and “the SEC has failed to justify each of its requests on...
Japanese Crypto Advocate Wins Parliament Seat
23.1.2024
A leading Japanese crypto advocate has won a seat in the House of Councilors, the nation’s lower parliamentary house. Per CoinPost, Takeshi Fujimaki, a former lawmaker who lost his seat in the 2019 election, has been restored to the house under proportional representation rules. Fujimaki,...
Congresswoman Maxine Waters Questions Meta’s Ongoing Crypto Efforts
22.1.2024
A letter sent to the tech giant said it still has five active patents related to cryptocurrencies, despite the firm saying that it has no digital assets-related works ongoing
Dogecoin Holders are Fleeing to This New Crypto ICO Platform to Hunt the Next 1000x Token
22.1.2024
Crypto ICO Launchpad XYZ’s new token $LPX is seeing heightened interest as investors diversify from struggling Dogecoin. Image by Lemonsoup14, Adobe Stock. Dogecoin—once the hottest meme coin in the market—has struggled over the past year with a 6.2% decline in price. As crypto investors...
Trezor Issues Security Alert Following Phishing Attack and Data Breach
22.1.2024
In a recent security alert, Trezor announced a breach in its support ticketing system, potentially exposing the personal contact information of over 66,000 customers and raising the alarm for possible phishing attacks. Trezor Alerts Users to Phishing Risk After Security Breach Satoshilabs,...
Spot Bitcoin ETFs Record $4B in Inflows as Incumbent Crypto Fund Issuers Lose $2.9B
22.1.2024
Source: AdobeStock Spot Bitcoin exchange-traded fund (ETF) is garnering rising interest, but crypto fund incumbents are on the losing side of the equation. CoinShares’ Digital Asset Fund Flows Weekly Report on Jan 22 disclosed a substantial $4.13 billion in inflows since the launch of the first...
Coinbase CLO Warns Pokémon Might Be Key in Rejecting SEC’s Expanded Security Definition
22.1.2024
Paul Grewal, CLO of Coinbase, believes collectibles, like Pokémon cards, might be essential in rejecting the expanded definition of what the U.S. Securities and Exchange Commission (SEC) claims to be a security. To Grewal, these cards are also part of an ecosystem fueling their value,...
Bitcoin Plummets Below $40K for First Time in 48 Days, Triggering Market-Wide Crypto Slide
22.1.2024
On Monday, Jan. 22, 2024, the value of bitcoin fell below the $40K mark for the first time in 48 days, as per market analysis. In the last 24 hours, bitcoin witnessed a 4% decline, with a 14.2% decrease observed over the preceding two weeks. Bears Take the Reigns—Bitcoin Falls Under $40K...
Best Crypto to Buy Now January 22 – Frax Share, Litecoin, Siacoin
22.1.2024
For investors seeking the best crypto to buy now, Siacoin (SC) makes a compelling case with its price increasing 33.42% over the past week, despite broader cryptocurrency market declines. Frax Share and Litecoin are also top options, while new presales of Bitcoin Minetrix and Launchpad XYZ also...
FTX Payment Plan Faces Backlash, Clients Slam 2022 Asset Valuation as ‘Theft,’ Urge Court for Fair Redress
22.1.2024
Following the submission of a proposal by FTX estate debtors to reimburse customer assets based on their value as of Nov. 11, 2022, numerous objections have been raised by customers. A notable objection comes from an FTX client in France, who criticizes the estate for “depleting creditor...
Bailing DeSantis May Leave Deafening Crypto Silence in 2024 Presidential Race
22.1.2024
Florida Governor Ron DeSantis may not have been a crypto authority, but he embraced digital assets as a political tool and ensured his influential state made moves to support the industry while he still had his eyes on the White House. His absence – and that of fellow candidate Vivek Ramaswamy...
Global Crypto User Base Hits 580M, Following 34% Increase in 2023 – Crypto.com Report
22.1.2024
Source: Pexels Crypto asset adoption is accelerating, with over half a billion people becoming users or owners in 2023, according to a Crypto.com report. Making its disclosure in an 18-page report from its Research and Insights Team, the centralized Bitcoin exchange pointed out that 580 million...
Just In: FTX’s Bankruptcy Estate Sold 22 Million GBTC Shares, Leading to $1 Billion GBTC Outflow
22.1.2024
FTX’s $1 billion sell-off of its GBTC shares was a major catalyst of the trust’s outflows after becoming a spot Bitcoin ETF. Image by Formatoriginal, Adobe Stock. The ongoing bankruptcy proceedings for crypto exchange FTX have led to major sell-offs from one of the largest bitcoin...
US Treasury Announces New Sanctions Against Hamas-linked Crypto Companies
22.1.2024
The United States Department of the Treasury’s Office of Foreign Assets Control has imposed new sanctions on facilitators and networks involved in crypto transactions linked to the Palestinian militant group Hamas. In an announcement posted on January 22, the Office of Foreign Assets Control...