Bitcoin price rally to $65K fueled by ‘complete exhaustion’ from sellers — Glassnode

Cryptocurrency exchange Coinbase did not act fraudulently during its botched launch of Bitcoin Cash (BCH), a United States judge has ruled.Coinbase accused of insider trading BCH listingIn a court order issued on Aug. 6, U.S. District Judge Vince Chhabria of the Northern District of California (San Francisco) threw out claims by traders that Coinbase committed…

Bitcoin (BTC) rose above $23,000 into the Jan. 31 Wall Street open as markets braced for a fresh macroeconomic reckoning.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: $25,000 “best case” for BTC/USDData from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining around 1% in a single hourly candle before the start of trading, overcoming resistance in…

The cryptocurrency industry has just experienced the most anticipated event, Bitcoin’s (BTC) third halving. The last 12.5 Bitcoin block was mined by F2Pool and encoded the message: “NYTimes 09/Apr/2020 With $2.3T Injection, Fed’s Plan Far Exceeds 2008 Rescue,” paying tribute to Satoshi Nakamoto, the token’s creator. Antpool was in luck, mining the first 6.25 Bitcoin…

The wait for a Bitcoin (BTC) exchange-traded fund got a bit longer as the United States Securities and Exchange Commission (SEC) shot down the proposal by Bitwise Asset Management and NYSE Arca. The regulators felt that the application did not satisfy the requirement that it will “prevent fraudulent and manipulative acts and practices.” However, there was…

The Omega Advisors chairman and CEO said people should be careful about Bitcoin, and suggested gold as a better store of value. 627 Total views 9 Total shares By his own admission, Lee Cooperman still does not understand Bitcoin, despite BTC being up more than 300% since early December 2017.Speaking to CNBC on Thursday, the…

Billionaire Stanley Druckenmiller thinks some kind of crypto-derived ledger system may replace the U.S. dollar as the world’s reserve currency in the future. 1752 Total views 13 Total shares Billionaire hedge fund manager Stanley Druckenmiller has forecast the possibility of a crypto-derived ledger system overtaking the U.S. dollar as a global reserve currency. The hedge…

Former Alameda Research engineer Aditya Baradwaj says one trader lost more than $100 million after clicking on a fake link. 66 Total views 1 Total shares FTX’s sister hedge fund Alameda Research lost at least $190 million of its trading funds due to arguably avoidable scams, according to a former engineer at the firm. In an

The operator of a Bulgarian crypto exchange has received a 10-year prison sentence for money laundering in connection with an Eastern European cybercrime syndicate. 2539 Total views 16 Total shares Rossen Iossifov, the convicted owner of the RG Coins crypto exchange platform has been sentenced to 10 years imprisonment for money laundering.As previously reported by…

Many outlets have reported Rishi Sunak could be one of the possible replacements for Boris Johnson, suggesting that crypto regulations could be central to the government’s agenda. 343 Total views 5 Total shares Boris Johnson, who has been the prime minister of the United Kingdom since 2019, said he will step down as leader of…