Bitcoin markets have been in retreat since mid-February and recent psychological price rejections. However, they remain in a transitional phase according to on-chain analysis. In its “Week On-chain” report on March 6, blockchain analytics provider […]
Bankrupt proprietary trading firm Alameda Research has sued Grayscale for reducing the value of FTX Debtors’ shares in its Bitcoin and Ethereum Trusts. Alameda alleges that the firm reduced the value of the shares of […]
Kraken, one of the most popular crypto exchanges in the U.S., reportedly has plans to launch its own bank. The news comes amid a challenging regulatory environment. Kraken’s Chief Legal Officer, Marco Santori, said, “Kraken Bank is on track […]
Based on Treasury documents cited by media reports, a rounded crypto regulatory framework will not be implemented in Australia until after this year. The Australian Financial Review revealed Treasury discussions with Treasurer Jim Chalmers on […]
Bitcoin (BTC)has been gaining acceptance as a method of payment for businesses worldwide. Yet, the problem of volatility remains a sticking point for those accepting BTC payments. Businesses must face the consequences of a sudden […]
Voyager bankruptcy Judge Michael Wiles has blocked the U.S. Securities and Exchange Commission from punishing Voyager executives and bankruptcy advisers concerning a new crypto asset included in the firm’s restructuring plan. Judge Wiles said that […]
The Bitcoin (BTC) price broke down from an ascending support line that had been in place since the beginning of the year. This bearish development could be the beginning of a significant decrease for Bitcoin. […]
Dubai-based crypto exchange Bybit plans to launch a new debit card on the Mastercard network to allow crypto payments in the U.S. and certain European states. Bybit will convert customers’ balances of Bitcoin, Ether, USDC, […]
Lately, Ethereum (ETH) has been under scrutiny with some arguing that it should be classified as a security. Ruling Ethereum as an unregistered security could subject it to the same regulations as traditional securities, leading […]
PancakeSwap has burned 7,153,999 CAKE tokens as the decentralized exchange (DEX) prepares for the V3 launch scheduled in April. The DEX tweeted on Monday that it burned a total of $27 million worth of CAKE […]
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