Bitcoin poised to dip further as inflation looms: Steno Research

A bankruptcy judge denied a motion for an independent examiner in February, leading to an appeal that may now go to the U.S. Court of Appeals for the Third Circuit. A United State district judge has referred a motion requesting the appointment of an independent examiner for bankrupt crypto exchange FTX to appellate court.In documents…

Bitcoin (BTC) rose to its highest level in ten months on April 10 as traders await this week's April 12 consumer price index report to gain deeper insight into the Federal Reserve's fight against sticky inflation. If the report shows inflation dropping, it could be the next possible catalyst that further's BTC's upward move. On April…

Longfin, a blockchain-related firm that conducted a $27 million IPO in 2017, has been ordered to repay $223 million to investors. 1079 Total views 9 Total shares A Manhattan federal judge has ruled that Longfin — a now defunct firm whose shares surged 1000% in 2017 after it bought an undervalued crypto company  —  must…

With Dogecoin's price falling, OKCoin's CMO says the Tik Tok-fueled asset pump appears over. 1331 Total views 22 Total shares Dogecoin's (DOGE) price has fallen notably after social media enthusiasts promoted the asset for days on Tik Tok in an effort to send the asset to $1. The escapade shows signs of conclusion according to…

Top Stories This Week SBF’s $250M bail guarantors should be made public, rules judge The identities of two individuals who helped former FTX CEO Sam Bankman-Fried with his $250 million bail bond could be revealed next month following a recent ruling by United States District Judge Lewis Kaplan. Bankman-Fried’s legal counsel has until Feb. 7…

June was a tough month for Binance, as it faced stress tests worldwide after the United States Securities and Exchange Commission (SEC) filed a lawsuit against the crypto exchange and its leadership.In a nutshell, over the past 30 days, the Belgian financial regulator ordered Binance to cease all crypto services, the exchange failed to obtain…

China’s first government-backed blockchain initiative has just launched an official international website. 1077 Total views 16 Total shares China’s blockchain-based Service Network (BSN), the country’s nationwide blockchain project, has just launched an official international website.Appearing on Aug. 10, the new english-language BSN website aims to help bring global developers to the project.Integration with six permissionless…

Securing a close above $40,000 will give bullish pro traders a sizeable advantage in Friday's $625 million BTC options expiry. 917 Total views 10 Total shares Despite the recent breakouts to the $40,000 level, Bitcoin (BTC) price could still face downward pressure in August. The 42% rally in late July effectively inspired some optimistic short-term…