Bitcoin technical indicators 'improving' at $59K may trigger short squeeze

The bipartisan pair sent a letter to the securities regulator demanding spot ETF approval. 506 Total views 22 Total shares Congressmen Todd Emmer and Darren Soto sent a bipartisan letter to Securities & Exchange Commission Chair Gary Gensler on Wednesday, strongly questioning why the agency has denied approval for the creation of a Bitcoin spot…

Members of the Zcash (ZEC) community have discovered a suspicious and potentially malicious counterfeit version of Zcash Foundation’s native ZecWallet.According to a Twitter post published on Oct. 20 and retweeted by Zcash developer Electric Coin Company, the fake ZecWallet likely contains malware. The tweet reads:“PSA to all Zcash users! There is a fake version of…

Bitcoin OG and educator Dan Held points out which crypto assets are most likely to avoid the ongoing SEC crackdown. 1099 Total views 1 Total shares Proof-of-work coins that had a fair distribution at their launch are the most likely to avoid being labeled as securities by the U.S. SEC, according to Bitcoin OG and…

The Graph launched its mainnet in December 2020 and is already being used by leading DeFi protocols and EVM-centric chains. 843 Total views 10 Total shares Blockchain data indexing protocol The Graph has launched a $205 million ecosystem fund to lure new developers to its platform, offering further evidence that venture capital firms were still…

With finance ministers and central bank governors having recently discussed cryptocurrency regulations at the G-20 summit, Japan is taking notice at home. Leaders at the Bank of Japan (BOJ), Ministry of Finance (MOF), and Financial Services Agency (FSA) have held a number of meetings to determine whether the country should become next in line to…

Investing in Bitcoin and other cryptocurrencies could become more restrictive for residents of Hong Kong as local regulators look to clamp down on the asset class for various reasons. 249 Total views 14 Total shares A senior executive for Hong Kong’s Securities and Futures Commission, or SFC, believes more needs to be done to tackle…

Federal judge Victor Marreo reviewed the Howey Test, which determines whether the NFTs qualified as an investment contract subject to U.S. securities laws. Upon denying the motion, the court authorized the case to proceed. Own this piece of history Collect this article as an NFTNBA Top Shot Moments nonfungible tokens (NFTs) may be considered a…

Just under 100 BlockFi users are reported to be affected, with some allegedly receiving as many as 700 Bitcoin due to a mishandled promotional offer. 5685 Total views 24 Total shares Crypto promotional schemes are old hat in the industry, with many businesses trying to secure customer loyalty through a range of perks and mini…

Bitcoin price action receives a welcome boost to $49,000 shortly after the Fed confirms rate hikes and a reduction of its bond purchasing policy in 2022. 1577 Total views 10 Total shares Bitcoin (BTC) climbed by over $2,000 on Dec. 15 as markets quickly reacted to news that the United States Federal Reserve would raise…