Altcoin seasons ‘will be weaker’ moving forward, says analyst
Popular crypto analyst Willy Woo says that the altcoin market cap “is like the cricket bat that has had 10 new handles and 10 new blades.”
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Largest Japanese Consulting Firm to Launch New Cryptocurrency Index
Leading Japanese consulting firm Nomura Research Institute (NRI) partnered with cryptocurrency investment solution provider Intelligence Unit (IU) to launch a tradable cryptocurrency index.According to a press release published on Jan. 29, the new index’s name is NRI/IO Crypto-Asset Index and it is meant for use by financial institutions. The index also draws data from crypto…

Breaking: FTX founder Sam Bankman-Fried arrested, set to be extradited to US
Royal Bahamas police have arrested SBF at the request of the U.S. government, based on a sealed indictment. 3948 Total views 45 Total shares Own this piece of crypto history Collect this article as NFTSam Bankman-Fried, the former CEO of the FTX cryptocurrency exchange and founder of Alameda Research, has been arrested and taken into…

Millennium Management discloses $2B in Bitcoin ETF holdings
International hedge fund Millennium Management has reported it holds $1.94 billion across five different spot Bitcoin ETF products.

IRS Expands Penalties: Which Tax Mistakes Are Better Not to Commit
Willful and non-willful tax flubs are different. Taxes are complex, and innocent tax mistakes can often be forgiven — maybe with no penalty. Even if there is a penalty, non-willful is vastly lower than willful. In a criminal tax case, this fundamental dichotomy can mean the difference between innocence or guilt, freedom or incarceration. But…

Ex-NATO Secretary General Bullish on Blockchain as He Partners With Swiss Startup
Swiss blockchain identity network Concordium has hired former Danish prime minister and NATO secretary general Anders Fogh Rasmussen as a strategic advisor, the company confirmed in a press release on March 20.The Concordium Foundation, the controlling entity behind the Concordium Network that launched a proof of concept in January, aims to tackle blockchain deployment in…

Bitcoin traders eye bear trap as BTC price hits 10-day high of $60.4K
Bitcoin bulls may be able to trap late sellers below key bull market trendlines as BTC price weekend gains pass 5%.

Ripple Hires Ex-HSBC, CIT Exec as General Counsel After Five-Month Hiatus
Blockchain payments network Ripple announced it had hired a former HSBC general counsel to oversee its legal services and compliance, in a press release Jan. 30.Ripple, which has not had a general counsel of its own since September last year, will draw on Stuart Alderoty’s expertise as it navigates the legal territory associated with its…

Grayscale Bitcoin Trust terminates material agreements with Genesis
Genesis will no longer be involved in GBTC's main operations, but will still act as a liquidity provider. 123 Total views 8 Total shares According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Grayscale Bitcoin Trust has terminated two agreements with cryptocurrency broker Genesis. First, Genesis will no longer assist Grayscale…