Crypto market enters 'extreme fear' as analysts warn of Bitcoin below $50K
Market analyst concerns over a correction below $50,000 are mounting, as crypto market sentiment returns to early August lows.
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Bitcoin price rally to $15.3K obliterates bears $180M BTC options bet
This Friday’s unusual weekly $470 million Bitcoin options expiry seems bearish at first glance, but those bets have gone terribly wrong. 2675 Total views 23 Total shares On Nov. 4, the open interest on Bitcoin options reached a new all-time high. As this occurred, an even more curious case emerged. On Nov. 6, a total…
Mt. Gox repayment shakes crypto market, causing volatility
Bitcoin faces immense volatility as Mt. Gox repayments flood the market.
Circle Announces Support for USDC Stablecoin on Algorand Blockchain
USD Coin, which is a joint venture of Circle and Coinbase, will soon launch on the Algorand blockchain. 1523 Total views 26 Total shares The Algorand Foundation has announced that the USD Coin (USDC) stablecoin will be launched on the Algorand (ALGO) blockchain.The integration will allow customers using Circle APIs or Circle Business Accounts to…
SEC lawsuit against Ripple set for virtual pretrial conference in February
The SEC’s case against Ripple for selling XRP as an unlicensed security will begin with a pretrial in February 2021. 2604 Total views 11 Total shares The United States District Court of the Southern District of New York has fixed Feb. 22, 2021 as the date for the pretrial of the lawsuit filed by the…
RFK Jr says he is suspending, not terminating, presidential campaign
The US Independent presidential candidate said he would remove himself from the ballot in 10 battleground states where he might be a “spoiler” for Harris or Trump.
Florida man escapes paying a $4.5M SEC penalty over a crypto Ponzi scheme
The founder of the Argyle Coin Ponzi scheme has escaped paying a $4.5 million penalty to the SEC for operating a “web of fraudulent companies.” 4388 Total views 19 Total shares The founder of a multi-million crypto Ponzi scheme has escaped paying a $4.5 million penalty to the U.S. Securities and Exchange Commission. On March…
Ethereum ETFs — 3 pitches that could hook Wall Street
Ethereum is already home to the world’s largest DeFi protocols, tokenized RWAs, and stablecoins, but its technical roadmap could be hard for TradFi to understand.
Crypto Firm Accused of Fraud, Duping Investor Into Buying $2 Million in Tokens
A lawsuit recently filed in a United States district court in New York claims that an investor was misled into investing $2 million dollars in the cryptocurrency MCash, a Feb. 1 court filing states.The filing alleges that the plaintiff Lijun Sun transferred $2 million to New-York based investment group Blue Ocean Capital Group, Inc. to…