Ethereum ETF sell-off signals more trouble — 10x Research
According to insights from 10x Research, the recent launch of Ethereum ETFs triggered a sell-off and revealed shifting market dynamics.
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Greek Supreme Court Rules to Extradite Alleged BTC-e Owner Alexander Vinnik to Russia
The Supreme Civil and Criminal Court of Greece has ruled to extradite alleged BTC-e owner Alexander Vinnik to Russia to face several cyber fraud charges, Russian state news agency RIA Novosti reports Tuesday, September 4.The formal decision on extradition to Russia will be issued September 14, coming into force the same day.During the actual hearing,…
Can a rising CPI boost Bitcoin? 3 reasons BTC price is rebounding above $36K
Bitcoin (BTC) price reclaimed $36,000 heading into the New York session Wednesday as investors awaited fresh data on inflation in May and El Salvador approved a bill that made cryptocurrencies a legal tender in the country.Bull-market bottom?The benchmark cryptocurrency surged 9.86% to an intraday high of $36,696, wiping off a portion of the losses it…
Tether announces wallet-freezing policy for OFAC-sanctioned persons
Tether is expanding control sanctions to the secondary market in an effort to cooperate with regulators in the United States. 224 Total views 2 Total shares Stablecoin issuer Tether has announced another step toward cooperation with law enforcement and regulatory agencies by initiating a voluntary wallet-freezing policy, according to a blog post on Dec. 9. Since
JP Morgan: Digital Money Foundation Laid, Blockchain In Banking Years Away
A recent report by a Major United States bank JP Morgan Chase suggested that current blockchain developments are lying down the foundation for digital money, but adoption is still years away.A report published by JP Morgan on Feb. 21 suggests that the finance industry is moving beyond blockchain technology.Blockchain in banking still years awayPer the…
Indian prime minister Modi’s hacked Twitter account attempts BTC scam
Soon after Modi's Twitter account with over 73.4 million followers got hacked, attackers shared misleading information about the mainstream adoption of Bitcoin and a 500 BTC giveaway. 850 Total views 16 Total shares The official Twitter account of Indian Prime Minister Narendra Modi got compromised earlier today, which was then used to share misleading information…
US court dismisses BitGo’s claims in $100M lawsuit against Galaxy Digital
Vice Chancellor J. Travis Laster of the Delaware Court of Chancery said Galaxy had a “clean termination right” to the acquisition of BitGo, which it announced in 2022. 208 Total views 4 Total shares The Delaware Court of Chancery in the United States has granted a motion from crypto investment firm Galaxy Digital largely dismissing…
Australian senator drafts bill aimed at stablecoin, digital yuan regulation
Australian Liberal Senator Andrew Bragg has released a new draft bill aimed at clamping down on digital asset exchanges, stablecoins, and China’s central bank digital currency, the e-Yuan.In a statement on Sept. 18, Senator Bragg stated that “Australia must keep pace with the global race for regulation on digital assets” as “it is essential that the…
GameStop tops Bitcoin's yearly gains in one day — Will GME spark an altcoin rally?
Mirroring the 2021 cycle, the profits from GameStop could spill into altcoins, catalyzing the start of the 2024 altcoin season. Could history repeat itself?