Bitcoin holds $95K support despite heavy selling pressure

Galaxy Digital Holdings CEO Mike Novogratz has hosed down fears over the crisis facing Digital Currency Group (DCG) and Genesis, saying while it’s “not good news,” it won’t “include a lot of selling.”In a Jan. 10 interview on CNBC’s Squawk Box, Novogratz said he expects the current debacle facing DCG and its related companies to…

The United States Internal Revenue Service (IRS) has added a question on crypto ownership to the standard 1040 income tax form for the coming tax season.IRS wants to know about your crypto in 2019On Oct. 11, a draft of the “Additional Income and Adjustments to Income” section of the new 1040 form surfaced that included…

The State Senate of South Carolina has passed a resolution recognizing the potential of blockchain technology.A new push for emerging technology in the stateThe bill is dubbed “A Senate Resolution To Acknowledge The Importance Of Emerging Blockchain Technology And To Call Upon The Residents Of South Carolina To Join In Encouraging The Promotion Of Blockchain…

A Chinese commercial bank issued China’s first asset-backed commercial paper worth $16.93 billion on a blockchain. 2373 Total views 42 Total shares China Zhe­shang Bank, a national commercial bank, used blockchain technology to issue an asset-backed commercial paper, or ABCP. It was issued as a part of the Na­tional As­so­ci­a­tion of Fi­nan­cial Mar­ket In­sti­tu­tional In­vestors’s…

A mix of on-chain, fundamental, and technical indicators hint at a continuing Pepe price decline ahead. 51 Total views 2 Total shares Pepecoin (PEPE) price has crashed nearly 85% from its record high of $0.00000448 in May 2023. What's more, its bearish momentum is likely to continue in September. Back-to-back Pepecoin security breachesPepecoin has suffered two

Another day, another BSC DeFi protocol gets hacked. 753 Total views 3 Total shares Belt Finance has become the latest Binance Smart Chain-based decentralized finance, or DeFi, protocol to lose millions to an opportunistic hacker.The Rekt Blog, which post mortems DeFi exploits, stated that an attacker exploited a flaw in the way the protocol’s vaults…

Although Bitcoin has rallied about 33% year-to-date, its dominance has dipped to 64.40%,  its lowest level since July 2019. This shows that altcoins have continued to outperform Bitcoin. However, with the Bitcoin halving fast approaching, the digital asset’s volatility is likely to pick up.Tom Lee, co-founder at Fundstrat Global Advisors, has again turned ultra bullish…

On the final day of his testimony, FTX co-founder Wang discussed talking to the feds and his interpretation of the “FTX is fine” tweet. 76 Total views 1 Total shares Day six of the trial of Sam Bankman-Fried saw the conclusion of former FTX chief technology officer Gary Wang’s testimony and the beginning of former

According to VanEck’s head of digital assets research, VanEck is the first company in the United States to file for a Solana ETF.