BTC price dips 4.5% as US gov't Bitcoin move raises new sell-off fears

On Nov. 7, Ashley Alder, the CEO of the Securities and Futures Commission of Hong Kong, said at a conference that a new framework for crypto exchanges will be implemented. Almost immediately after the announcement, Reuters reported that a crypto exchange based in Hong Kong called OSL became the first to apply for a license…

Binance hopes to enable smooth BTC deposits and withdrawals while tackling network congestion issues. 413 Total views 1 Total shares On June 20, cryptocurrency exchange Binance announced that it had commenced operating nodes on the Bitcoin Lightning Network as a crucial step toward integrating it for deposits and withdrawals.In a tweet, Binance acknowledged users who…

Brad Garlinghouse, CEO of Ripple, said the company would be interested in companies owned by FTX that serve business customers. 571 Total views 6 Total shares Ripple CEO Brad Garlinghouse is reportedly interested in buying certain parts of collapsed crypto exchange FTX.On the sidelines of Ripple’s Swell conference in London — was held on Nov.…

Justin Sun has teased an upcoming announcement that involves Tron (TRX) partnering with an unnamed “mega corporation.”“Make a guess?”Sun, the master of hype and CEO of Tron, took to Twitter on Oct. 25 where he made one of his infamous announcements in order to excite his followers with a message that barely contains enough details…

French fintech companies Ingenico and Worldline are set to merge, according to a Feb. 3 press release. The €7.8 billion ($8.6 billion) buyout deal was accepted by shareholders of the companies, both of which had previous exposure to crypto.The merger and significance for shareholdersAs part of the agreement, Worldline will offer Ingenico shareholders a mixed…

Liberstad — a private, anarcho-capitalist city in Norway — has adopted a cryptocurrency native to its blockchain-powered smart city platform as its official medium of exchange, according to a press release published on Feb. 12.Founded in 2015, Liberstad is the outcome of the Libertania project, run by the nonprofit Liberstad Drift Association, which aims to…

Silvergate is not a systematic risk for the United States banking system, but it could have a significant impact on the crypto markets, multiple sources told Cointelegraph. These may include increasing banking concentration in a few partners and challenges for venture capital firms seeking to establish banking relationships in the country.The bank was a crypto-fiat…

Cryptocurrency mining giant Bitmain Technologies has opted to reduce its operations in the Netherlands, the company said in a statement on Jan. 14.Bitmain, which in November announced the first in what has become a series of cost-saving measures by shutting down a blockchain development center in Israel, said the move was part of its longer-term…

The study found abnormal levels of return in a sample of tokens just before their listing announcement on Coinbase. 171 Total views 5 Total shares According to a recent study conducted by the University of Technology Sydney, researchers estimated that insider trading occurs in 10% to 25% of cryptocurrency listings.In deriving the conclusion, researchers first…