Bitcoin traders risk-off as BTC price falls to $62K — Is a generational bottom approaching?

The Bank of Jamaica initially partnered with the Irish cryptography firm eCurrency Mint for its CBDC project in March 2021. 99 Total views 8 Total shares The Bank of Jamaica (BoJ) has successfully completed its first central bank digital currency (CBDC), targeting a national rollout in the first quarter of 2022.After proceeding with initial CBDC…

Decentralized exchange dYdX's native token DYDX surged by nearly 80% this week as traders assessed its potential against China's recent ban on crypto transactions.The DYDX price hit a new high of $26.50 on the FTX exchange after trading at around $13 a week ago. The China ban was an apparent boost for the dYdX decentralized…

Bitcoin (BTC) may not crash below $30,000 and instead jump to $100,000 before sweeping its lows.That was the opinion of popular trader Credible Crypto, who on May 2 shared an updated view of how BTC price action might unfold.Trader prepares for lows to be "left untapped"As more and more voices call for a fresh major…

Major Japanese crypto exchange Coincheck is considering launching an initial exchange offering (IEO) platform for raising funds through utility tokens.The platformAcquired by Japanese financial services firm Monex Group in April 2018, Coincheck hinted at its plans to establish an IEO business in a recent public announcement, Cointelegraph Japan reported on Aug. 22. According to the report,…

SEC commissioner Hester Peirce discussed a possible U.S. crypto legal framework, giving a reminder that not all uses are financial. 276 Total views 1 Total shares Cryptocurrency laws in the United States should be “reserved” and not regulate the technology as though every use is financial, argues a commissioner at the U.S. Securities and Exchange…

Goldman Sachs CEO David Solomon has categorically refuted that the bank ever had any plans to open a crypto trading desk and stated that earlier media reports suggesting otherwise were incorrect.  Solomon made his remarks before the United States House of Representatives Financial Services Committee on April 10, during a hearing entitled “Holding Megabanks Accountable:…

An American musical preludeBitconnect, the now-defunct crypto lending and exchange platform that has been ousted as a ruinous Ponzi scheme, has memorably been compared by the Silver Miller law firm to the fleeting 2011 Broadway musical “Wonderland,” based on the dizzying impossibilities of Alice’s adventures in Lewis Carroll’s celebrated novel.Silver Miller’s first class action complaint…

But to be fair, they're a long way behind remote-controlled junk cages. 3817 Total views 10 Total shares Stephen Colbert, the charismatic host of CBS’ The Late Show, isn’t holding back his punches or his jokes when it comes to Bitcoin.In a segment dubbed “Quarantinewhile,” which features a roundup of amusing news stories for viewers…

Eminem and Snoop Dogg bear an uncanny resemblance to Bored Apes in the new semi-animated music video titled From The D 2 The LBC. 705 Total views 8 Total shares It was only a year and a half ago that there appeared to be bad feelings between Snoop Dogg and Eminem, both of whom are…