Bitcoin falls under $60K as BTC‘s futures premium drops to a 5-month low

County authorities captured the cryptocurrency during a 2018 drug bust in Long Branch. 745 Total views 8 Total shares A county in the state of New Jersey has announced the liquidation of cryptocurrency assets seized in 2018.On Monday, the prosecutor’s office in Monmouth County announced that the confiscated crypto —initially valued at $57,000 at the time…

Chainalysis has secured hundreds of millions of dollars in the second quarter as venture firms allocate more resources to the emerging blockchain sector. 422 Total views 4 Total shares Blockchain analytics company Chainalysis has secured $100 million in Series E financing, bringing its total valuation to a staggering $4.2 billion and highlighting once again the…

Blockchain security firm and crypto wallet service BitGo has revealed plans to offer crypto insurance through Lloyd's of London, according to a press release on Feb. 19.BitGo Business Wallet clients will be able to acquire insurance for their digital assets held on BitGo’s Business Wallet service and Custodial offeringAssets held by either BitGo or BitGo…

Director of the Financial Crimes Enforcement Network (FinCEN) Kenneth Blanco briefed several members of the United States House on the potential for Libra’s use in money laundering, illicit financing, and other illegal activities, according to a press release from Representative Emanuel Cleaver II.Leading the meeting were Reps. Cleaver, Trey Hollingsworth, Bill Foster, and French Hill,…

Polkadot (DOT) has been raising eyebrows for the past couple of months as the interoperability-focused altcoins has gained 625% in the past three months. The promise that interoperability between blockchains will be a viable solution to the high Ethereum gas fees plaguing the crypto market has made Polkadot’s development of parachains attractive and the number of…

A physical bitcoin (BTC) is selling on eBay for $99,000, a listing on July 1 shows.The seller claims the “collector’s must have” is a Casascius brass token that was created in 2011.According to the listing, the physical coin is loaded with one BTC that has not been redeemed, and all of the seals remain intact.Payment can be made…

According to the crypto brokerage firm, the 18% ratio fell well within its “counterparty exposure limits.” 591 Total views 6 Total shares Own this piece of crypto history Collect this article as NFTCryptocurrency trading company FalconX has disclosed that it suffered losses in the collapse of FTX. According to the company, its assets locked on FTX…

As Bitcoin price rises to new heights, top traders say the monthly and logarithmic chart signal that BTC is entering a new bull trend. 575 Total views 2 Total shares Peter Brandt, a well-regarded veteran trader, recently emphasized the high demand from institutions as a key catalyst for Bitcoin's strong performance. BTC/USD 1-month chart. Source:…

Traditional funding in the crypto space was once considered useless. After all, the industry itself offers different, controversial, but nonetheless, ways to fund a project – initial coin offering (ICO), initial exchange offering (IEO) and the current darlings of offerings – launchpads and initial decentralized exchange (DEX) offerings. But with the industry maturing and more startups…