Bitcoin traders eye 'huge' US jobs data as BTC price risks $95K dip

Japanese internet conglomerate GMO Internet Co. Ltd confirmed plans to release a cryptographic stablecoin Tuesday, Oct. 9, pegged to the Japanese yen.GMO, which entered the Japanese cryptocurrency exchange market in May last year, intends to begin issuing tokens at the start of the 2019 financial year.The news marks a further potential player in the yen-pegged…

Just two months after the collapse of FTX, Genesis is following suit.Against an increasingly disheartening backdrop of “Big Cryptos” going bust, Barry Silbert’s cryptocurrency lender, Genesis Global Holdco, is the latest firm to file for bankruptcy, and if things always come in three, it might not be the last. Genesis Capital’s parent company, Digital Currency…

Blockchain analytics investigators have uncovered an individual linked to a cryptocurrency laundering operation offering stolen tokens at discounted prices from recent high-profile exchange hacks.Speaking exclusively to Cointelegraph, a representative from blockchain security firm Match Systems outlined how investigations into several major breaches featuring similar methods through the summer months of 2023 have pointed to an

The proposal would have allowed Uniswap’s governing body to receive a percentage of the fees that currently go to liquidity providers. 80 Total views 1 Total shares A proposal to enable protocol fees for the Uniswap (UNI) decentralized exchange failed on June 1, potentially allowing liquidity providers to continue to earn all revenue from swaps,…

The U.S. SEC was at the top of BlockFi creditor's list with a $30 million settlement balance from February 2022. The United States Securities and Exchange Commission (SEC) has agreed to postpone the payment of a $30 million fine from bankrupt crypto lender BlockFi until creditors are paid back. The amount represents the balance of…

Graphics processing unit (GPU) producer Nvidia is facing a class action lawsuit over the losses reported by the company when lower crypto prices diminished demand for GPUs by miners. Schall law firm announced the lawsuit on Dec. 24.The complaint states that “the Company made false and misleading statements to the market.” Namely, according to the…

Bitfinex specifically lost 2/3 of its balances within the same timeframe. According to data from Glassnode, the exchanges it tracks currently hold 2.6 million Bitcoin. That is the lowest this amount has been since November 2018. Bitcoin balances on exchanges. Source: Glassnode.The trend toward users withdrawing their funds from the custodial exchanges first manifested itself…

Based on Wednesday’s upcoming CPI reading, Bitcoin lost a key trend line when it fell under $63,000, but it could still be on track to recover.