CPI Report Tuesday Could Provide Next Bitcoin Catalyst
The U.S. government tomorrow will report on October inflation data.
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Mt. Gox Moves $700M in Bitcoin, BTC Unmoved at $59K
Defunct exchange Mt. Gox moved 13,265 BTC on-chain, according to Arkham Intelligence. According to Galaxy's Alex Thorn expects only 1,265 BTC may be offloaded in the market. Mt. Gox-related selling pressure might raise its head again in the bitcoin (BTC) market. Early Wednesday, an address associated with the defunct exchange moved 13,265 BTC, worth $784
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21Shares Introduces Exchange-Traded Product for Liquid Staking Platform Lido DAO
21Shares, a provider of crypto exchange-traded products (ETP), introduced a way of gaining exposure to Lido DAO, offering traditional investors single asset exposure to the largest participant in the liquid-staking ecosystem.According to the Switzerland-based company’s issue-specific summary, “21Shares Lido DAO ETP (LIDO) is a non-interest bearing, open-ended security. Each series of the product is linked…
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Gemini Exchange Is Using ClearBank for UK Banking Services
Nov 19, 2020 at 2:52 p.m. UTCUpdated Nov 19, 2020 at 3:23 p.m. UTCGemini Exchange Is Using ClearBank for UK Banking ServicesClearBank says it has been chosen by the Gemini cryptocurrency exchange to provide its U.K. banking services.U.S.-based Gemini had announced in late September that it was expanding “fully” into the United Kingdom, offering trading…
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BitClout Founder Charged With Wire Fraud, Civil Securities Charge
The U.S. Securities and Exchange Commission (SEC) and Department of Justice charged the founder of crypto social media platform BitClout with wire fraud and the sale of unregistered securities. According to court documents, Nader Al-Naji – known pseudonymously as “Diamondhands” – raised approximately $257 million from the sale of BitClout’s native token, BTCLT. Al-Naji led investors to
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US Lawmakers Tell Mnuchin to Back Off From Potential Crypto Wallet Regs
Dec 10, 2020 at 12:20 a.m. UTCUpdated Dec 10, 2020 at 12:29 a.m. UTCU.S. Rep. Warren Davidson(Office of Warren Davidson)US Lawmakers Tell Mnuchin to Back Off From Potential Crypto Wallet RegsFour U.S. lawmakers want Treasury Secretary Steven Mnuchin to rethink his rumored crypto wallet regulations.Reps. Warren Davidson (R-Ohio), Tom Emmer (R-Minn.), Ted Budd (R-N.C.) and…
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Chinese Police Freezing OTC Traders’ Bank Accounts Over ‘Tainted’ Crypto Transactions
Jun 8, 2020 at 08:34 UTCUpdated Jun 8, 2020 at 08:37 UTCChinese yuan image via ShutterstockChinese Police Freezing OTC Traders’ Bank Accounts Over ‘Tainted’ Crypto TransactionsThousands of cryptocurrency over-the-counter merchants and their clients may have been affected as police in China freeze bank accounts over crypto and fiat assets tainted by illicit activity. Caught up…
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Bitcoin Eyes $67K After Halving as Altcoins Primed for Short Squeeze, Hedge Fund Says
The bounce was broad-based, with nearly all cryptocurrencies of the Coindesk Market Index up in the past 24 hours.Funding rates for some altcoins and memecoins turned deeply negative, potentially leading to a swift move higher in a short squeeze, QCP Capital noted.Crypto markets climbed higher Monday with bitcoin (BTC) nearing $67,000 as fears about a
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Crypto Gamers Are Showing Little Interest in Decentralized NFTs
news A new report on the nascent ecosystem of blockchain-based games indicates that one of the model’s most-trumpeted characteristics — the ability to mix and swap data between games – isn’t panning out. The idea of cross-overs between games isn’t exactly new. Series like Nintendo’s Super Smash Brothers perhaps best exemplify this approach, with familiar…