Australian regulator claims win over Kraken’s Bit Trade in federal court
A court has found Bit Trade offered a product without following design and distribution obligations and acted as a credit facility, in violation of Australian laws.
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Reports: Bitmain Allegedly Fires All BCH Developers in Wave of Redundancies
Cryptocurrency mining giant Bitmain has reportedly fired its entire staff of Bitcoin Cash (BCH) developers, Blockstream CSO Samson Mow reported, citing Chinese social media sources on Dec. 23.The second in what appears to be a phase of staff losses for Bitmain, around 50 workers are reportedly set to go this week.The messages follow reports on…

Key Bitcoin price metrics say BTC bottomed, but traders still fear a drop to $10K
The crypto market is currently going through a period of heightened volatility as global economic conditions continue to worsen amid a backdrop of rising inflation and interest rates. As the headwinds impacting global financial markets beat down all traces of bullish sentiment, many crypto investors are predicting that Bitcoin (BTC) price could drop to as low…

Cardano (ADA), Solana (SOL) and Polkadot (DOT) soar — Is it altseason?
Bitcoin (BTC) faced a sharp correction on Dec. 11 plummeting as much as 8% to a four-month low at $40,150, wiping out the gains of the past seven days. This drop in BTC’s price has triggered a market-wide re-evaluation, prompting a debate on the potential for altcoins to spearhead the next significant rally in the cryptocurrency

Gov’t can realize gains on gold certificates to buy Bitcoin: Bo Hines
The Trump administration appears poised to grow its Strategic Bitcoin Reserve after the White House’s crypto council head suggested budget-neutral ways for acquiring the digital asset. “There’s been countless ideas” about how the government can acquire more Bitcoin (BTC), Bo Hines, executive director of the President’s Council of Advisers on Digital Assets, said in an

The Platform Is Set for Virtual Conferences: Will It Live Up to Its Promises?
As the global economy struggles to adapt to the rapid changes the coronavirus pandemic has forced upon the world, the virtual conference space is booming. The need to engage, communicate and expand our network has perhaps never been so necessary as businesses struggle to survive what may be the next great economic depression. Blockchain and cryptocurrency…

Averted a year ago, controversial transaction monitoring rule is back on Treasury’s radar
The Treasury will consider imposing KYC regulations on transactions involving self-custodied wallets. 107 Total views 2 Total shares As the Department of the Treasury has announced its regulatory agenda for the fiscal year earlier today, many in the web3 space have likely experienced flashbacks to December 2020, when the agency had first proposed to impose…

Bitcoin Price Rejects $7K but Tone Vays Says 75% Chance BTC Bottomed
Bitcoin (BTC) has a maximum 15% chance of falling below $3,800 if current price levels continue, says trader Tone Vays as BTC nears $7,000.In a YouTube update on March 24, an increasingly bullish Vays updated his outlook for BTC/USD. He argued that at around $6,750, the pair was sitting at resistance.Cryptocurrency market daily overview. Source:…

Staking may come soon for US Ether ETFs: Bernstein
The research firm considers ETH an attractive investment opportunity, citing rising investor interest relative to Bitcoin.