Bitcoin traders eye bear trap as BTC price hits 10-day high of $60.4K

A bipartisan majority in the US House of Representatives voted to repeal the so-called IRS DeFi broker rule. The US House of Representatives has voted in favor of nullifying a rule that would have required decentralized finance (DeFi) protocols to report to the Internal Revenue Service. On March 11, the House of Representatives voted 292

The lawsuit claimed FTX Digital Markets was an "economic nullity" within the FTX Group "created as a front to facilitate a conspiracy to defraud the Debtors’ customers". 157 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe legal teams representing Alameda Research, FTX US, and FTX Trading have…

In a letter to investors, Telegram encouraged investors to view the United States Securities and Exchange Commission (SEC) hearing recently rescheduled for February as “a positive step.”Cause for optimismThe letter, sent on Oct. 19, briefly reassures investors that the recent rescheduling of hearings until Feb. 18-19 is good news while maintaining that the company will…

Tron becomes the fourth blockchain project to be assigned branded hashtags, outspending competition with five hashtags at once. 1309 Total views 44 Total shares Tron (TRX) becomes the fourth blockchain project to receive a custom Twitter emoji hashtag. Justin Sun, Tron’s founder, unveiled the new emoji in a tweet on Friday. As customary in Tron’s marketing…

U.S.-based cryptocurrency exchange Gemini, owned by the Winklevoss twins, has sealed regulatory approval to add Litecoin (LTC) custody and trading. The news comes from an official Medium blog post published Friday, Oct. 12.Gemini’s vice president of engineering, Eric Winer, informs Gemini traders that they can begin depositing Litecoin into their exchange accounts as of 9:30…

Bitfinex hack victim from 2016 received iFinex shares as a form of compensation as the crypto exchange didn’t have enough cash at hand to make users whole. 117 Total views 1 Total shares Bitfinex's parent company iFinex has proposed to buy back $150 million worth of the company’s shares from users who were offered these

Nonfungible tokens (NFTs) are compatible with any Ethereum-based project. You could, for example, trade a piece of a portrait for a ticket! Most NFTs are part of the Ethereum blockchain at a high level. Ether (ETH), like Dogecoin (DOGE), is a cryptocurrency, but the Ethereum blockchain also enables these NFTs, which store additional information that…

American digital asset management fund Grayscale has continued to grow, with the total assets under management hitting $3.8 billion. 907 Total views 39 Total shares Grayscale, a major digital asset management fund, has continued to grow this year, with the total assets under management (AUM) hitting new highs.According to a May 19 tweet, Grayscale’s total…

As oil overtakes Bitcoin for price volatility, FTX has launched oil future contracts pegged to the West Texas Intermediate, plus $100. The Binance-owned crypto derivatives exchange, FTX, has introduced oil futures following the recent record crash in U.S. oil prices — which fell as low as minus-$40 on April 20.FTX’s contracts will expire at the…