Bitcoin price could hit $63K amid $3.9B futures expiry

The government says that mining “presents challenges to the infrastructure of the concession area to which they are connected.” 127 Total views 3 Total shares China’s crackdown on mining has led miners to search for other countries to continue their operations. Promises of reduced costs led some to Argentina. However, the country’s government has now applied…

In trading, a bull trap is a situation where a trader buys an asset believing its price will continue to rise, only to see it fall sharply after reaching a new high. Bull traps occur during periods of market uncertainty or when false information is circulating about a particular asset. It's called a bull "trap"…

While the Senator did not expand on other details of the upcoming bill, she suggested that DeFi should not be exempt from AML laws. Own this piece of history Collect this article as an NFTA bi-partisan anti-money laundering (AML) bill that covers “decentralized entities” such as decentralized finance (DeFi) protocols and DAOs will soon be…

Top Stories This Week Paxos ‘categorically disagrees’ with the SEC that BUSD is a security The United States Securities and Exchange Commission (SEC) has defined the stablecoin Binance USD (BUSD) as a security in a Wells Notice sent to its issuer, Paxos Trust Company. The SEC alleges the organization failed to register BUSD under federal…

In a revised Chapter 11 plan of reorganization, FTX debtors state that crypto claims by customers will be assessed using a conversion table, with valuation based on the petition date. The debtors of the now-defunct cryptocurrency exchange FTX have filed the amended Chapter 11 plan of reorganization which indicates the value of customer asset claims

The Curve Finance exploit has created a liquidity crisis in the DeFi ecosystem, with several lending protocols rushing to minimize their exposure. 270 Total views 6 Total shares Abracadabra Money, a cross-chain lending platform, has proposed increasing the interest rate on its outstanding loans to manage risks associated with its exposure to Curve DAO (CRV). The proposal…

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by HitBTC.The sentiment in cryptocurrencies turned sour following opposition to Facebook’s Libra project. However,…