Ex-fintech CEO sentenced to 3.75 years over price manipulation scheme
A federal judge in Florida recognized the HYDRO token as an investment contract qualifying as a security under SEC guidelines.
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Research: Bitcoin Futures Settlement Date Suggests 4% Gains Likely
Bitcoin (BTC) is statistically likely to gain in the coming week as a new futures expiration event comes and goes, according to new data. Compiled by trader an analyst Luke Martin on Nov. 25, figures charting Bitcoin price performance before and after each expiration show that overall, higher levels appear afterward.Data: BTC stands to gain next…
Inside Chilean Power Battle: Crypto Exchanges vs. State Banks
On Monday, Dec. 4, the Chilean Supreme Court welcomed the decision of state-owned Banco del Estado to close the accounts of local cryptocurrency exchange Orionx. The new phase in the legal battle between the banks and several crypto exchanges — including Buda.com and CryptoMarket (CryptoMKT), which had appealed against the denial of services — may…
Ethereum gains 5% in 24 hours: Start of post-ETF approval pump?
ETH has come within $70 of the psychological $4,000 price level during early trading on May 27.
NEM Partners with Israeli-Lithuanian Telecom Startup on Cell Phone Security
NEM, one of the oldest peer-to-peer blockchain networks, has partnered with Israeli-Lithuanian telecom startup FIX Network to increase security and data protection for cell phone users and to solve the issue of SIM swapping. FIX Network will implement SYMBOL from NEM’s enterprise-grade blockchain into its existing cellular infrastructure. The goal is to secure the world's eight…
Elon Musk slams ‘heavy-handed’ Fed as ex-BitMEX CEO sees $1M BTC price
The United States Federal Reserve has been “too heavy-handed” in taming inflation, said pro-Bitcoin (BTC) Tesla and Twitter CEO Elon Musk.In a Twitter debate on March 29, Musk directly criticized U.S. macroeconomic policy, including “excess government spending.”Musk: Fed policy is a “serious issue”Bitcoin and crypto markets remain extremely sensitive to Fed cues on interest rate…
Bitwise assets under management hit $1B, fueled by professional investors
Assets under management have doubled since the fourth quarter, highlighting growing mainstream adoption of Bitcoin and other cryptocurrencies. 2422 Total views 7 Total shares Bitwise, a leading cryptocurrency fund manager, reported another major milestone on Tuesday as the assets under management for its digital asset funds crossed $1 billion for the first time. The Bitwise 10…
BlockFi execs, Gemini named in proposed lawsuit by a disgruntled investor
Gemini is accused of providing BlockFi with custodial services and misleading information to help BlockFi market its alleged unregistered securities. 414 Total views 11 Total shares Own this piece of history Collect this article as an NFTAn investor with nearly $2 million worth of funds frozen in bankrupt cryptocurrency lender BlockFi has filed a class…
Indiana vows outage-free energy for crypto miners, data centers
Indiana plans to become a hub for the data center and crypto mining industries by promising uninterrupted, low-cost energy.