Bitcoin trader eyes yearly close 'games' as Q4 BTC price gains top 50%
Q4 BTC price returns rival 2023 despite the potential for snap volatility as Bitcoin closes its yearly candle.
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Crypto Fund Manager Sued Over Alleged Fraud and Deception
A cryptocurrency investment management company allegedly lured investors into a fraudulent fund, using the capital for personal gain, according to new complaint. 646 Total views 29 Total shares Internet tech support and consulting player KDH Consulting Group recently filed an official complaint against crypto investment management firm Iterative Capital Management for alleged fraud and misdirection. Accusations include…
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Bitcoin bears attempt to pin BTC price under $23K ahead of this month’s options expiry
Bitcoin's (BTC) 16% price gain between Feb. 13 and Feb. 16 practically extinguished the bears' expectation for a monthly options expiry below $21,500. As a result of the abrupt rally, these bearish bets are unlikely to pay off, especially since the expiry occurs on Feb. 24. However, bulls were not counting on the strong price…
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Crypto retail trading should be regulated as gambling: UK lawmakers
The trading of so-called “unbacked cryptoassets” such as Bitcoin (BTC) and Ether (ETH) should be regulated as gambling rather than a financial service, a panel of British lawmakers said in a new report. The United Kingdom is currently working on a crypto regulatory framework that would mix existing financial asset laws with new crypto-specific rules. However,…
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Blockchain Game Economy ‘Will Be Bigger Than Japan’s’
Hironao Kunimitsu, the founder of Tokyo social gaming firm Gumi, spoke about the future of gaming and NFTs at Cointelegraph Japan’s Traders Live last week. 1151 Total views 56 Total shares Hironao Kunimitsu, the founder of Tokyo social gaming firm Gumi, believes that blockchain-based trading of non-fungible tokens (NFTs) in video games will grow to…
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TON Devs Worldwide Join Forces to Intervene in SEC Case Against Telegram
A group of international Telegram Open Network (TON) contributors have submitted a court document criticizing United States regulators’ line of attack against the project. The group has formed a non-profit association, “The TON Community Foundation,” and collectively submitted the brief on Feb. 14 in the form of an amicus curiae.An amicus curiae is a brief that…
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NFT sales down 44%, Logan Paul sues Coffeezilla: Nifty Newsletter
Logan Paul claims YouTuber Stephen Findeisen, also known as Coffeezilla, “maliciously and repeatedly” made false statements about his NFT project CryptoZoo.
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Judge questions if ex-FTX exec perjured himself in guilty plea
At a Sept. 12 hearing, Judge Lewis Kaplan moved up Ryan Salame’s reporting date by two days and considered vacating his guilty plea.
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Coincheck Owner Monex Group Announces Major Management Changes
The Japanese broker that acquired the hacked cryptocurrency exchange Coincheck in April 2018 has announced major changes in its management structure. The news was revealed in a press release published on March 27.The current representative executive officer and president of Monex group, Oki Matsumoto, will now also be the representative director and chairman of Monex,…