Regulation
Bitcoin Retakes $17K as Interest Rates Plunge Following Economic Reports
Friday morning’s reports on job and wage growth and the service industry gave hope that the Fed may further slow the pace of monetary tightening. Source link
Year: 2023
Ethereum
FTX’s US Leadership, Bahamas Liquidators Say They’ve ‘Resolved’ Most of Their Issues
FTX Trading, which is the entity behind the FTX.com exchange, filed for bankruptcy in the U.S. last November, while FTX Digital Markets, a Bahamas-based entity, entered liquidation proceedings the same month. The joint provisional liquidators […]
Bitcoin
FTX’s US Leadership, Bahamas Liquidators Say They’ve ‘Resolved’ Most of Their Issues
FTX Trading, which is the entity behind the FTX.com exchange, filed for bankruptcy in the U.S. last November, while FTX Digital Markets, a Bahamas-based entity, entered liquidation proceedings the same month. The joint provisional liquidators […]
Market Analysis
Digital Currency Group Closes its Wealth Management Business
The parent of Grayscale and Genesis – Digital Currency Group to shut down its wealth management division by Jan. 31. The crypto winter swallowed yet another business as the holiday season ended and 2023 started. […]
Regulation
The Niche Application of Stablecoins Is Not a Bad Thing
By definition, stablecoins are tethered to the real economy. But whatever links they have should be minimized, until their applications are fully proven, says Dan Kuhn. Source link
Ethereum
Brother of Criminal Bitcoin Mixing CEO Pleads Guilty to Stealing 712 Bitcoins From IRS
He also “spent bitcoin extravagantly” at strip clubs and on private jet flights. Photos recovered from his cell phone show a lavish evening out at a club: Gary bathing in a tub full of cash, […]
Bitcoin
Bitcoin Exchange Deposit Transfers At 4-Year Low, Bottom?
On-chain data shows the Bitcoin exchange depositing transactions are now at a 4-year low, indicating that the bottom may be here. Bitcoin 30-Day MA Exchange Depositing Transactions Have Declined As pointed out by an analyst […]
Market Analysis
Can DCG, Genesis, and Grayscale Survive the FTX Fallout?
After the FTX collapse, concerns around the Digital Currency Group (DCG) and its subsidiaries (Genesis, Grayscale) began spreading across the industry. Can the crypto market witness yet more contagion? Most recently, fears have centered around one […]
Altcoin
BONK Meme Coin Sees Wild Price Fluctuations and Massive Holder Concentration – Altcoins Bitcoin News
After the all-time cryptocurrency price highs in 2021, suffering through the Luna implosion of 2022 and watching countless crypto businesses go belly up, we’ve got a new entrant to the meme coin scene that launched […]
Ethereum
How Smart TVs Could Help the Metaverse Crack the Mass Market
Web3 features are just beginning to appear on smart TVs, but they could become an on-ramp for general consumers. Source link