Bitcoin clings to $67K but analysis warns of 10% BTC price drop next
Bitcoin bulls are enjoying 10% month-to-date gains currently, but one trader warns that the picture should soon look very different for BTC price action.
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Hundreds of surveyed women ranked their attraction to male hobbies, and crypto polled laughably low on the “attractive” meter.
Wells Fargo Joins Elliptic’s Series B Investment Round
Wells Fargo Strategic Capital, the venture arm of the fourth-largest bank in the U.S., is contributing $5 million to Elliptic’s Series B funding round. According to a Feb. 13 press release, the investment will help the company build products for large financial institutions.The latest investment brings Elliptic’s Series B raise to more than $28 million.…
ProShares will launch ETF aimed at shorting Bitcoin following dip under $20K
The ETF will allow U.S. investors to bet against BTC using futures contracts given the cryptocurrency’s performance in a single day, as measured by the CME Bitcoin Futures Index. 687 Total views 9 Total shares The firm behind one of the first Bitcoin futures-linked exchange-traded funds in the United States will give investors a new…
Ripple invokes SEC v. Terraform case, argues for smaller civil penalty
The blockchain firm’s case with the SEC has been ongoing since December 2020, when the regulator alleged Ripple used XRP as an unregistered security to raise funds.
Analysts expect turbulent Bitcoin price until $46,500 flips to support
Traders say “stay calm” but also expect further whipsaws in BTC price until $46,500 flips to support and marks a higher time frame trend reversal. 204 Total views 5 Total shares Market volatility reared its ugly head once again for crypto traders on Jan. 13 as the excitement of Bitcoin (BTC) hitting its highest level…
Crypto experts see Bitcoin replacing fiat money in 20 years
In a new survey, a number of cryptocurrency and fintech professionals expected a "hyperbitcoinization" to take place by 2040. 771 Total views 7 Total shares Bitcoin's (BTC) current price slump has failed to dampen some experts' optimism regarding the world’s biggest cryptocurrency. In a new survey by personal finance comparison platform Finder.com, half of the respondents believe…
SEC seeks judgement after ‘no show’ in $9M Meta 1 Coin fraud case
The SEC is seeking a default judgment against three companies and four individuals for their roles in an allegedly fraudulent ICO that duped $9 million from 500 investors. 1890 Total views 4 Total shares The U.S. Securities and Exchange Commission has requested a default judgment against three companies and four individuals associated with the allegedly…
Nvidia supply shortage won’t stop $50M Q1 crypto miner sales, says CFO
A perfect storm consisting of COVID-19, supply shortages and surging crypto prices has resulted in the best financial quarter in Nvidia's history, as the stock hits all-time highs. 3855 Total views 13 Total shares Nvidia’s ongoing supply problems won’t stop the company from selling $50 million worth of its new CMP chip range in the…