Ex-FTX exec scheduled to report to prison after judge denies request

The mining firm's expansion into Kazakhstan follows plans to introduce new energy fees for crypto miners starting in 2022. 232 Total views 3 Total shares Crypto mining firm BIT Mining, which recently announced it would be expanding out of the Chinese market, plans to purchase 2,500 Bitcoin miners for deployment in Kazakhstan.In a Wednesday announcement,…

Bitcoin's (BTC) last daily close above $45,000 was 66 days ago, but more importantly, the current $39,300 level was first seen on Jan. 7, 2021. The 13 months of boom and bust cycles culminated with BTC price hitting $69,000 on Nov. 10, 2021.It all started with the VanEck spot Bitcoin exchange-traded fund being rejected by…

Bitcoin price is increasingly low versus its 200-day moving average — a key "buy the dip" signal, per the classic BTC price indicator.

The price of Bitcoin (BTC) has declined by more than 6% in the last three days and with the $276 million CME Bitcoin futures expiry approaching on Aug. 28, traders are nervous that additional downside could be in store.Following Bitcoin’s rejection at $12,500, traders foresee two key scenarios playing out over the short term.Some technical…

Swiss-based cybersecurity firm WISeKey and a subsidiary of Malaysian tech investment holding Censof announced a partnership to expand blockchain activities, according to a press release Jan. 25.WISeKey, which focuses on secure authentication and identification using a cryptographic tool called Root of Trust, has increasingly incorporated Internet of Things (IoT) and blockchain technology into its portfolio.The…

Axie Infinity (AXS) has had a rough week: On July 1, it was trading at just above $5. One week later and following two consecutive two-day rallies, the price was charging past $19. AXS price has since dropped between $18 and $19, yet the coin’s weekly stats are still outstanding: 118% against United States dollar and…

Despite plenty of regulatory action in the United States and an ongoing crypto winter, former TradFi executives, now in crypto, said there’s no desire to return to their old banking livesInstead, former traditional bankers who’ve pivoted to crypto remain bullish about the industry's future and love the fact they can actualize real innovation.Lisa Wade, CEO…

Decentralized exchange Curve has attracted record volumes after revealing plans for the retroactive distribution of its forthcoming governance token. 1013 Total views 9 Total shares Decentralized finance (DeFi) liquidity pools continue to surge in popularity, with the Curve Finance decentralized exchange (DEX) consistently hosting more than $60 million in daily volume for the first time…

Bitcoin acts as a gateway to altcoins, with only 24% of investors keeping the faith, according to research from Coinbase. 1461 Total views 31 Total shares Bitcoin (BTC) acts like a gateway down the altcoin rabbit hole, according to new research from Coinbase. The research found that while 60% of users buy Bitcoin as their…