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Elon Musk’s X Secures 12 Money Transmitter Licenses — X.AI to Raise $1 Billion in Equity Offering
6.12.2023
Elon Musk’s social media company, X, has obtained 12 money transmitter licenses across the United States. Furthermore, his artificial intelligence (AI) company, X.AI, stated in a filing with the U.S. Securities and Exchange Commission (SEC) its intention to raise $1 billion in an equity...
BitMEX Announces Strategic Partnership with PowerTrade, a Crypto Options Platform
6.12.2023
Source: Adobe / Dennizn BitMEX, a prominent crypto derivatives exchange, has unveiled a strategic partnership with PowerTrade, a crypto options platform. On November 6, BitMEX announced that it will partner with PowerTrade, which is supported by industry heavyweights such as Ascend Ventures...
Crypto Exchange Bitzlato Co-Founder Pleads Guilty to U.S. Money Transmitter Charge
6.12.2023
Anatoly Legkodymov, a co-founder of Hong Kong-based crypto exchange Bitzlato, pleaded guilty to operating an unlicensed money transmitter. Bitzlato was sanctioned by the U.S government in January
JPMorgan Chase CEO Jamie Dimon on Crypto: “If I was the government, I’d close it down”
6.12.2023
  JPMorgan Chase CEO Jamie Dimon delivered scathing remarks about the crypto industry during testimony at a Senate Banking Hearing Wednesday. Dimon “deeply opposed” to crypto “I’ve always been deeply opposed to crypto, Bitcoin, etc.,” Dimon said while fielding questions from Senator Elizabeth...
Crypto Experts are Quitely Stacking This Launchpad Token Before it Lists on Exchanges – What Do They Know?
6.12.2023
Crypto enthusiasts are quietly stocking up on a new launchpad token ahead of planned exchange listings. Image by Pol Solé, Adobe Stock. The cryptocurrency market has seen its fair share of hype cycles and ‘next big things’. Seasoned crypto traders know how to spot truly promising...
Ethereum’s Decentralization Questioned as Block Builders Censor Transactions Tied to US Sanctions
6.12.2023
Censorship is on the rise in Ethereum as key players block transactions tied to US sanctions, undermining its decentralized ethos. Image by Kerem Goktug Kaya, DALL-E 3. A pillar of Ethereum’s original vision was decentralization—the idea that its blockchain would operate outside constraints...
Best Crypto to Buy Now December 6 – Helium, Celestia, Avalanche
6.12.2023
HNT, TIA, and AVAX outperform the broader cryptocurrency market as investors hunt for the best crypto to buy now. Image by cryptonews.com. The HNT price is surging over 42% so far today, positioning Helium’s native token as one of the best crypto to buy now amid the network’s launch...
Coinbase Wallet Launches Global Money Transfers With Link-Based Payments
6.12.2023
Coinbase has unveiled a new feature to its wallet service, streamlining international fund transfers. This new update aims to make the transfer of funds as effortless as sending a text. Coinbase Unveils Link-Based Money Transfer Service Coinbase (Nasdaq: COIN) has launched its latest wallet feature...
JPMorgan's Jamie Dimon and Sen. Elizabeth Warren Team Up to Bash Crypto
6.12.2023
JPMorgan Chase CEO Jamie Dimon has never been shy about trashing crypto, even while his giant Wall Street bank became a leader in using blockchain technology to move billions. At a U.S. Senate hearing Wednesday, he slammed the industry again, to the delight of Sen. Elizabeth Warren (D-Mass.),...
Bitcoin Miner DMG Acquires 4,550 T21 Antminers for $12.1 Million
6.12.2023
DMG Blockchain Solutions, a bitcoin miner and cryptocurrency technology company, announced that the firm has purchased 4,550 T21 Antminer bitcoin miners from Bitmain Technologies. DMG detailed that it paid $12.1 million for the next-generation application-specific integrated circuit (ASIC) miners...
Bitcoin and the Predictability of Crypto Market Cycles
6.12.2023
History shows there's likely a bright year ahead for BTC's price
Why Are Pros Craving a Spot Bitcoin ETF?
6.12.2023
The fundamentals of investing give an answer, and the impact from BTC ETFs from the likes of BlackRock and Fidelity could be huge
Green Bitcoin (GBTC) Brings Gamified Green Staking To Crypto Market – Along with Exponential Rewards
6.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Everyone’s on the lookout for the next big token, but these can be hard to find, given how many crypto assets are in the market. Of course, you’ve got to still sift through all the info and analyze...
Coinbase Adds Message-Based Crypto Payments to Its Decentralized Wallet
6.12.2023
Crypto exchange Coinbase (COIN) has updated its decentralized wallet, adding a low-cost way for users to instantly send money to each other through messaging apps by adding features that seem to emulate payments giant Paypal
Comparing Peaks: Bitcoin Hits 20-Month High, Other Cryptos Still Strive for Past Glories
6.12.2023
As bitcoin’s value soared to heights last witnessed on April 6, 2022, a multitude of crypto assets have also reaped benefits from the surge of the premier cryptocurrency. Yet, despite a significant number of these digital currencies experiencing substantial increases, surpassing even bitcoin...
Trading Volumes of Crypto Assets Under Management Averaged $481 Million Daily in November: Report
6.12.2023
Source: Pixabay / Michael Wuensch The digital asset market has recorded massive bullish activity in recent weeks with the prices of most cryptocurrencies soaring to positions not seen in over 18 months. Aside from asset prices, decentralized finance (DeFi) activities are also high in terms...
Crypto Lending Firm Ledn Offers Low-Risk Custodied Loans
6.12.2023
Cryptocurrency lending company Ledn is offering customers crypto-backed loans where all the assets remain locked up with a qualified custodian, as the company adapts its centralized finance approach to a post-FTX world
Crypto ETP Provider 21Shares Loses COO
6.12.2023
Lucy Reynolds had been with the company since September 2020
Former NYSE Pres May Takeover FTX; Massive Liquidity for Alts Like $GFOX?
6.12.2023
All investors remember the collapse of FTX – one of the largest financial frauds perpetrated in history. It killed the bull market. But how did FTX grow so large in the first place? The trading experience was excellent and it provided a superb on-ramp for liquidity into crypto- especially altcoins....
Bitcoin Technical Analysis: BTC Retraces at Formidable $44,500 Resistance Barrier
6.12.2023
As bitcoin’s price hovers between $43,950 and $44,150, a nuanced examination of its oscillators and moving averages reveals a complex picture of its market movements. Despite a bullish run in its 24-hour trading range, oscillators signal caution. Bitcoin Bitcoin’s (BTC) market...