Bitcoin miner sell pressure 'weakening' as BTC withdrawals drop 85%

The official committee of Celsius creditors is proposing to sue Celsius co-founder Alex Mashinsky and other executives for "fraud, recklessness, gross mismanagement and self-interested conduct" that eventually led to the collapse of the crypto lender.In a proposed complaint filed in a New York Bankruptcy Court on Feb. 14, attorneys representing the Official Committee of Unsecured…

Bitcoin (BTC) hitting $6,000 again is not only unlikely but would be “concerning,” a well-known commentator has told Cointelegraph. Speaking in a market discussion with Cointelegraph, EzeeTrader partner Charlie Burton said that should current market behavior continue, those waiting to buy in closer to $6,000 will face disappointment.Burton: A fast move will come for BTC“...I think…

ORA plans to use the funds to expand its ecosystem, focusing on research and development of oracles and blockchain infrastructure.

Alongside G42, Cerebras aims to expand the supercomputer, with plans to establish 36 exaflops of AI computing in the coming year. 133 Total views 33 Total shares Cerebras Systems has announced a deal worth around $100 million with G42, a technology group based in the United Arab Emirates (UAE). The agreement entails providing the initial…

Swiss mortgage bank Hypothekarbank (“Hypi”) Lenzburg has partnered with Swiss crypto asset manager TokenSuisse to expand the bank’s service offerings for crypto and blockchain firms. The development was announced on the bank’s official Twitter on March 25.Hypi Lenzburg is headed by CEO Marianne Wildi, reportedly a former programmer, who first launched the bank’s lending services…

The United States’ Senate Banking Committee raised a wave skepticism over Facebook’s crypto project Libra during the first day of testimony on July 16.The new hearing, called “Examining Facebook's Proposed Cryptocurrency and Its Impact on Consumers, Investors, and the American Financial System” is scheduled for 10:00 AM ET, July 17.As day two is coming in…

Michigan, Missouri and New Hampshire have granted money transmitter licenses to Twitter Payments LLC, leaving 47 U.S. states yet to weigh in. Twitter Payments LLC, a subsidiary of Elon Musk’s Twitter social network, appears to have received its first money transmitter licenses after Michigan, New Hampshire and Missouri approved the company’s applications. NEWS: Twitter has finally…

In November 2021, MoonPay announced a $555 million Series A financing round that brought the crypto payment platform's valuation to $3.4 billion. On Wednesday, the fintech company revealed that $87 million of the total $555 million came collectively from more than 60 public figures and celebrities in the music, sports, media and entertainment industries. While the…

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…