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Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,400 Support, BTC Hits $21,000 Prior to Federal Reserve Meeting
26.7.2022
Ethereum fell below its recent floor of $1,500 earlier in today’s session, as bearish pressure intensified in crypto markets. Uncertainty in the market has heightened today, as traders prepare for yet another rate hike from the Fed. Bitcoin was also lower for a second consecutive day,...
FBI Warns Crypto Owners Not to Fall for ‘Liquidity Mining Scam’
26.7.2022
The Federal Bureau of Investigation (FBI) has warned crypto investors about a scam using an investment strategy called liquidity mining. “This scam has been responsible for over $70 million in combined victim losses,” said the law enforcement agency. FBI Warns of Crypto Liquidity...
US Fed Set for New Rate Hike This Week, But How Aggressive Will It Be?
25.7.2022
The US Federal Reserve (Fed) is set to announce another significant interest rate hike on Wednesday this week, and crypto market participants are watching closely for any clues about how aggressively the Fed will move....
Read More: US Fed Set for New Rate Hike This Week, But How Aggressive Will...
Ethereum's bearish U-turn? ETH price momentum fades after $1.6K rejection
25.7.2022
Ether risks falling further below $1,350 in August as the ETH price rally is losing steam
Will the Fed prevent BTC price from reaching $28K? — 5 things to know in Bitcoin this week
25.7.2022
Bitcoin prepares for what promises to be a tense week of rate hikes, earnings and more as BTC fails to reclaim crucial trendline
FTX to Help Voyager Customers, CEO Says Firm Willing to Deploy ‘Hundreds of Millions’ to Help Crypto Industry
24.7.2022
The founder and CEO of the leading exchange FTX, Sam Bankman-Fried has offered to give early liquidity to Voyager Digital’s customers, according to an announcement FTX published on July 22. Furthermore, Bankman-Fried discussed the crypto industry with CNBC in an exclusive interview,...
US Court Convicts ‘My Big Coin’ Founder in $6 Million Fraudulent Cryptocurrency Scheme
23.7.2022
A federal jury has convicted the founder of “My Big Coin” in a fraudulent scheme that swindled $6 million from cryptocurrency investors. The defendant made several false claims, including that the coins were backed by gold and that the company had a partnership with Mastercard. My...
Russia’s Media Censor Roskomnadzor Unblocks Tor Project’s Website
23.7.2022
Russian telecom and mass media watchdog Roskomnadzor has restored access to the website of the Tor Project, implementing a court ruling with delay. The site was blacklisted last year but the measure was successfully challenged by lawyers. Roskomnadzor Removes Tor Project’s Site From...
FBI Warns of Fake Crypto Apps — 244 Investors Defrauded, $42.7 Million Lost
20.7.2022
The Federal Bureau of Investigation (FBI) has issued a warning about fake cryptocurrency apps defrauding investors. “The FBI has identified 244 victims and estimates the approximate loss associated with this activity to be $42.7 million,” said the U.S. law enforcement agency....
Analysts Suspect the Fed Will Bump Federal Funds Rate by 75 bps Next Week, Others Predict the ‘Biggest Hike in Decades’
20.7.2022
Following the recent U.S. consumer price index report that indicated inflation in America has reached a 40-year high, many expect the Federal Reserve to hike the benchmark interest rate by 75 to 100 basis points (bps) on July 26. Blackstone’s Private Wealth Solutions expects the Fed to raise...
US federal agency issues legal advisory on NFT investments
20.7.2022
The advisory primarily targets reporting of NFTs investments that represent “property,” such as real estate
FBI issues public warning over fake crypto apps
19.7.2022
Fake crypto apps appear to be part of an ongoing game of whack-a-mole with app store operators
White House Reporter Says Inflation Has Become ‘Biden’s Political Nightmare’ as Critics Slam Government Spending
17.7.2022
While the latest Bureau of Labor Statistics Consumer Price Index (CPI) report indicates U.S. inflation has continued to print perpetual new highs, U.S. president Joe Biden is losing ground on his climate bill. The Biden administration’s recent budget negotiations and tactics toward dealing...
56% of banks say DLT and crypto are 'not a priority' in near future — Fed survey
15.7.2022
Many respondents from major banks said the technology would likely be unimportant for liquidity management practices until 2027
Two Bitcoin price prediction polls, same outcome: $10K BTC is coming
15.7.2022
While a classic technical indicator could be hinting at BTC price falling below $13,000 as well
Polygon rallies 22% on Disney invitation euphoria — will MATIC price gains swell in July?
14.7.2022
MATIC still awaits a decisive breakout after the Disney-led intraday rally, with the profit target sitting about 80% higher than current prices
US Senate confirms Michael Barr as Fed vice chair for supervision
13.7.2022
Michael Barr was on the advisory board of Ripple Labs from 2015 to 2017 and has called on lawmakers to create a regulatory framework on stablecoins to prevent the risk of runs
US Inflation Remains Scorching Hot, Jumping to 9.1% in June — White House Says CPI Data Is Already ‘Out-of-Date’
13.7.2022
According to the latest Bureau of Labor Statistics Consumer Price Index (CPI) report, U.S. inflation remains scorching hot as it has risen at the fastest yearly rate since 1981. June’s CPI data reflected a 9.1% year-over-year increase, even though a number of bureaucrats and economists...
US Bankruptcy Judge Freezes Crypto Hedge Fund Three Arrows Capital’s Assets
13.7.2022
A federal judge in a New York bankruptcy court has frozen the assets of crypto hedge fund Three Arrows Capital (3AC). “A key part of this motion is to put the world on notice that it is the liquidators that are controlling the debtor’s assets at this stage.” Bankruptcy Judge...
US Federal Researchers Say Digital Dollar Could Be Good for Financial Stability
12.7.2022
Though critics of a central bank digital currency have said it could amplify bank runs, the Office of Financial Research says it may actually help