Canary Capital applies to launch spot HBAR exchange-traded product
The asset manager has filed with the SEC to list and trade shares of spot Hedera, Solana, and XRP exchange-traded products.
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Texas Securities Commissioner Issues Cease and Desist Order to Crypto Investment Firm
The Securities Commissioner of the U.S. State of Texas has issued an Emergency Cease & Desist Order (C&D) against crypto investment firm My Crypto Mine and its principal Mark Steven Royer, published to the regulator’s website Nov. 27.The C&D claims that “sufficient evidence has been found” to substantiate that Royer, “acting on behalf of a…

Here’s how traders got alerted to some of the biggest rallies of this week’s resurging market
This crypto winter wasn’t a very long one. Having briefly touched $34,000 in the second half of January, Bitcoin (BTC) is on its way up again, touching the $45,000 mark on Feb. 10. Many altcoins have been catching up as well and posting double-digit weekly returns. However, not all relief rallies were equally impressive. Is…

Gaming crypto GALA rallies nearly 350% in November — Correction ahead?
Gala Games' in-house currency GALA rallied by nearly 350% in November, ignoring corrections across the top cryptocurrencies, including Bitcoin (BTC). Notably, GALA price surged from $0.088 to $0.42 between Nov. 1 and Nov. 22.GALA/USD four-hour price chart. Source: TradingViewGALA's gains primarily came in the wake of a price rally across a majority of gaming and metaverse…

Former Alameda CEO confirms firm borrowed billions from FTX customer deposits as part of plea deal
According to court documents, Caroline Ellison said she and SBF signed off on “materially misleading financial statements” for Alameda lenders — knowing it was illegal. 856 Total views 23 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTCaroline Ellison, the former chief executive officer of Alameda Research, said as part of her plea…

Global search volume for Bitcoin appears higher than in 2017
Monthly global searches for Bitcoin are reportedly 350% higher than in late 2017. According to data collected by Brad Michelson, a senior marketing manager at major trading and investment platform eToro, monthly global volume for Bitcoin searches in December 2017 bull run was lower than in November 2020.Citing data from SEO data provider SEMrush, Michelson…

Binance’s victory over FTX means more users moving away from central exchanges
Based on the joint statements on Twitter this week from Binance CEO Changpeng “CZ” Zhao and FTX CEO Sam “SBF” Bankman-Fried, it seems clear that FTX has serious solvency problems — so dire that few in the market are willing to save it. As a result, FTX is turning to CZ as a prospective buyer.After…

IBMR to Provide $3.48 Million in Funding for ARCC Currency Reserve
The International Blockchain Monetary Reserve (IBMR) announced it has raised $3.48 million as an investment seed into ARCC Currency Reserve. The reserve is a basket of cryptocurrencies that includes Algorand (ALGO), Bitcoin (BTC), and Binance Coin (BNB) as well as 700,000 U.S. dollars in seed investments for United States-based tech startup companies. These assets back the…

Estonian IT company inks $26M crypto mining deal with Bitmain
Burfa intends to purchase new cryptocurrency mining equipment from Bitmain to boost its data-center capacity. 2999 Total views 8 Total shares Estonian technology conglomerate Burfa is turning to Bitmain to supply key cryptocurrency mining infrastructure to its Narva-based data center, offering a glimpse into the arms race underway for high-performance computing resources. The $26-million agreement will…