Bitcoin whale games get traders nervous as 12K BTC appears for sale

United States Securities and Exchange Commission (SEC) Chairman Jay Clayton recently spoke with CNBC's Bob Pisani regarding the regulator’s latest take on Bitcoin (BTC) exchange-traded funds (ETFs).‘Progress is being made’Speaking with Pisani on Sept. 9, the SEC chairman stated that, although significant steps have been taken to address regulatory concerns vis-a-vis a Bitcoin ETF, there…

Credit Agricole-backed blockchain-based settlement startup Setl has emerged from administration, financial news outlet Finextra reports on May 3.Per the report, the United Kingdom-based startup has returned following its insolvency filing after its management bought the operating assets, the staff and the intellectual property rights of the company. As Cointelegraph previously reported, Setl filed for insolvency…

They intend to discuss the regulation of stablecoins, as well as the technology's potential benefits and risks. 343 Total views 6 Total shares U.S. Secretary of the Treasury Janet L. Yellen announced plans to convene the President's Working Group on Financial Markets, or PWG, as well as the Office of the Comptroller of the Currency…

Unlike traditional financial markets, crypto exchanges are largely unregulated, and virtually every Bitcoin (BTC) and crypto trader is familiar with various stories detailing the degree to which certain aspects of crypto market price action is manipulated. Despite this, many traders feel like there is little they can do to avoid the whims of whales and unethical…

Garnering interest from one of Silicon Valley's top VC’s, Bored Ape Yacht Club creator Yuga Labs, may be eyeing a $5 billion valuation. 36 Total views 2 Total shares Silicon Valley tech VC Andreessen Horowitz (A16z) is reportedly eying an investment in Bored Ape Yacht Club creator Yuga Labs, with a reported valuation as high…

Several users have aired complaints about the new version, especially its higher gas fees. 2836 Total views 15 Total shares The founder of Uniswap, Hayden Adams, has reported that the launch day of Uniswap’s v3 iteration was more successful than its predecessor in terms of volume.In a tweet on May 6th, Adams declared the launch…

Estimates of staffers facing the axe range from 45% (20 people) to 16%. A companywide meeting is reportedly scheduled for Aug. 14. 318 Total views 11 Total shares CoinDesk is reportedly planning layoffs in its editorial department ahead of the sale of a stake in the publication to investors, according to media reports. TechCrunch wrote that…

Twitter lawyer Alex Spiro sent a letter to Meta CEO Mark Zuckerberg threatening legal action against the company’s “copycat” application called Threads. Twitter executive chairman Elon Musk alleged in a social media post that Meta is “cheating” over the release of Threads, a text-based social network resembling Twitter.While Musk wrote that he is fine with…

The classic bottom zone reappears on the back of serious sell pressure stoked by mayhem on stablecoin markets. 988 Total views 12 Total shares Bitcoin (BTC) bounced past $28,000 during May 12 after repeating a chart structure not seen since March 2020.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC seller losses spiralData from Cointelegraph Markets Pro…