Crypto.com launches US institutional custody service

Bloomberg Intelligence senior commodity strategist Mike McGlone believes that Bitcoin (BTC) is more likely to rally to $40,000 than slump to $20,000. This bullish outlook seems to be shared by traders as Bitcoin initiated a sharp recovery today.On-chain data also suggests that long-term holders (LTH) have again started accumulating Bitcoin after booking profits during the…

XRP is currently mirroring a trend from the April-June 2021 that preceded the price falling by 65% in the following months. 1628 Total views 6 Total shares The double-digit percentage gains for XRP (XRP) this month may have reached the exhaustion point, reflecting the trends elsewhere in the cryptocurrency market. This follows the euphoria surrounding…

With the addition of the 100 coins today, El Salvador holds 1,220 BTC, worth roughly $66.3 million following the crypto asset's drop to the $54,000s. 1167 Total views 25 Total shares Salvadoran President Nayib Bukele bought the dip again, investing more than $5 million into Bitcoin as the price dropped under $54,000 Friday.In a Friday…

A new report from Big Four audit firm Ernst & Young (EY) outlines the assets and debts of  major Canadian crypto exchange QuadrigaCX and its subsidiaries. The report was released on EY site on May 9.EY — a monitor to the creditor proceedings of now-defunct QuadrigaCX — has published a trustee’s preliminary report revealing that…

The penalty comes after months of heightened regulatory attention to crypto lending platforms. 635 Total views 9 Total shares On Feb. 14, the Securities and Exchange Commission, or SEC, announced actions against crypto lending company BlockFi over its failure to register high-yield interest accounts that the agency deems to be securities.New Jersey-based BlockFi will pay…

With no leadership elected to the House of Representatives, efforts to address fraud allegations at FTX or legislate crypto may be delayed indefinitely. 401 Total views 3 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTAt the time of publication, the United States House of Representatives was at a historic standstill in…

Bitcoin price (BTC) hovered near widely-predicted support levels on Oct. 24 after a day of carnage sent markets tumbling to five-month lows.Cryptocurrency market daily overview. Source: Coin360Bitcoin battles fresh Congressional criticismData from Coin360 showed Bitcoin stabilizing on Thursday following its sudden downturn a day previously, during which BTC/USD lost $500 in just five minutes.Bitcoin seven-day…

The hackers continue to spread out the stolen funds using Bitcoin privacy tools as a means to remain anonymous, despite the identity of the hackers believed to be a North Korean cybercrime group. The hackers behind the $625 million Ronin bridge attack in March have since transferred most of their funds from ETH into BTC…