Bitcoin bull flag joins MACD to tease new BTC price all-time high next
Bitcoin traders remain bullish over a BTC price breakout despite months of consolidation — and on-chain data supports them.
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Philippine SEC warns against unlicensed crypto exchanges amid FTX collapse
The Philippine Securities and Exchanges Commission highlighted that it’s illegal to offer Filipinos access to unregistered exchanges. 78 Total views 2 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTAfter the height of the FTX collapse, the Philippine government warned investors within the country about using unlicensed crypto exchanges. The Securities and Exchanges Commission…
US gov’t transfers $1.9B BTC seized from Silk Road to Coinbase Prime
A wallet that contained Bitcoin associated with the 2021 seizure from an individual who stole crypto from the Silk Road marketplace has moved.
Bitmain-linked firm Sophgo denies supplying AI chips to Huawei
Chinese chip manufacturer Xiamen Sophgo has denied having any business relationship with Huawei after being cut off by Taiwan Semiconductor Manufacturing Company.
US Homeland Security returns $314K from 2016 Bitfinex hack
The funds were seized by U.S. Customs and Border Protection. Recovery efforts for the remaining funds are ongoing. Via a July 6 announcement, cryptocurrency exchange Bitfinex says it has received $312,219.71 in cash and 6.917 in Bitcoin Cash (BCH) from the United States Department of Homeland Security. The seizure was conducted in cooperation with U.S.…
How the IRS seized $10B worth of crypto using blockchain analytics
Blockchain analysis has been key in helping the United States Internal Revenue Service (IRS) seize an estimated $10 billion worth of cryptocurrency since it began investigating a broad body of crimes involving digital assets. This was a key point raised by IRS Criminal Investigations (IRS-CI) Chief Jim Lee in a wide-ranging, exclusive interview with Cointelegraph…
Why does Ethereum have an intrinsic value?
Ethereum is a decentralized, open-source blockchain and the first network to launch smart contract functionality. Ethereum was launched in July 2015, and in the span of a few years, it increased considerably in value due to its wide range of decentralized application (DApp) offerings. The explosive rise of decentralized finance (DeFi) and nonfungible tokens (NFTs)…
Instant Crypto Exchanges, Explained
Even for crypto industry veterans, the role and functionality of instant crypto exchanges may be unfamiliar. You won’t see the likes of Changelly, Shapeshift and ChangeNOW on CoinMarketCap’s top exchanges list, and the name itself isn’t terribly descriptive. So what is an instant crypto exchange? An instant crypto exchange is an exchange solution, which typically…
Here’s why Ethereum traders could care less about ETH’s current weakness
Since hitting an all-time high at $4,870 on Nov. 10, Ether (ETH) price has been posting lower lows over the past 50 days. If this downtrend continues, the lower trendline support suggests that the altcoin will bottom at $3,600. Still, derivatives data is signaling that pro traders are not concerned about the seemingly bearish market…