Bitcoin trades under $57K, but data suggests pro traders are not bearish
Bitcoin price fell closer to $56,000, leading traders to question whether the bull market is coming to an end. US job market data could hold the answer.
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Indian government is reportedly considering regulating crypto as a commodity
Officials from India's Finance Ministry said any potential law on cryptocurrencies would likely come around the time the government submits the Union Budget of India in February. 1161 Total views 5 Total shares The Indian government may be looking into establishing a legal framework for crypto-based digital currencies as "assets" as early as February. According to…
Fan token firm Chiliz grows staff by 70% despite crypto winter
Fan token company Chiliz has continued to expand its workforce despite the ongoing bear market, reflecting a growing trend in the fan token sector.The overall cryptocurrency market has seen a massive selloff in 2022, with the total market capitalization plummeting 60% since the beginning of the year. Some major crypto companies, including Coinbase and Gemini,…
UK’s FCA bans retail crypto derivatives after year-long consideration
CoinShares' pleas last year went unheard as crypto futures and ETNs will be soon banned. In a landmark decision issued on Tuesday by the U.K.’s Financial Conduct Authority, companies in the country will no longer be able to offer cryptocurrency derivatives products such as futures, options and exchange-traded notes (ETNs) to retail customers.The decision comes…
Ethereum FUD returns as ICO whale offloads another $47M
An early Ethereum investor has continued a two-week Ether selling spree as Ether’s price has slumped 10% since the start of October.
Edward Snowden reveals he was one of six who helped launch Zcash
It turns out the pseudonymous John Dobbertin, who was one of the six participants in the Zcash Ceremony, was Edward Snowden all along. 548 Total views 3 Total shares Cybersecurity poster boy and government surveillance whistleblower Edward Snowden has revealed he played a pivotal role in the creation of privacy token Zcash (ZEC).A video from…
XRP price rallies 91% in a month due to 3 fundamental factors
In the past month, the price of XRP rallied 91% as the digital asset at last found some spark and is now playing catch up with Bitcoin (BTC) and Ether (ETH). The likely catalysts for the XRP rally are the rise in unique addresses, buybacks from Ripple, and the possibility of a new product realease.XRP/USD weekly…
SEC still looking for potential FTX-style fraud at Binance.US: Report
Binance.US attorney Matthew Laroche has asked a federal judge to consider putting an end to the SEC's investigation for potential fraud. 75 Total views 1 Total shares The United States Securities and Exchange Commission is still looking for evidence that Binance.US had a backdoor to potentially control customer assets in a similar style to FTX
Grayscale ETH ETF stems bleeding as activity spikes on Ethereum
The Grayscale Ethereum Trust has posted its first day of zero outflows since its conversion to a spot ETF amid a surge of network activity on Ethereum and its layer-2 networks.