Fed’s ‘sugar high’ may propel Bitcoin surge: Arthur Hayes
Arthur Hayes connects Federal Reserve actions to a short-lived economic boost with ripple effects on Bitcoin and broader crypto markets, underscoring risks from yen carry trade unwinds.
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US Kraken exchange targets European license in 2021, says CEO
Kraken’s potential European regulatory jurisdictions reportedly include countries like Malta, Luxembourg, and Ireland. 688 Total views 86 Total shares Major United States-based cryptocurrency exchange Kraken is planning to officially expand into the European market, following in the footsteps of rival exchange Coinbase.Kraken co-founder and CEO Jesse Powell said that his firm is actively working on receiving…

NBA, football, NASCAR stars cough up $2.4M in Voyager promo suit
Rob Gronkowski, Victor Oladipo, and Landon Cassill have agreed to settle with plaintiffs in their ongoing case against Voyager Digital.

Russian State-Owned Holding Giant Proposes to Apply DLT in All Gov’t Data Systems
Russian state-owned holding conglomerate Rostec proposed a roadmap on applying blockchain in all the governmental data systems, local financial newspaper Kommersant reports on May 24.An institution under Rostec has reportedly developed a blockchain roadmap worth up to 85 billion rubles ($1.3 billion) that claims to provide an economic impact of up to 1.6 trillion rubles…

Montana becomes 4th US state to advance Bitcoin reserve bill to House
Montana has passed a Bitcoin reserve bill at the subcommittee level, making it the fourth US state to advance a related bill to the House.

Bitcoin surges above $18K to cap 8-day winning streak
The last time Bitcoin saw such a long streak of green candles was July 2021, during the height of the pandemic. 1705 Total views 7 Total shares Own this piece of history Collect this article as an NFTBitcoin (BTC) has clocked eight straight days of increasing prices and has surged back above $18,000 for the…

Coinbase execs hit with stockholder suit claiming they downplayed bankruptcy risks
Coinbase shareholder Wenduo Guo has sued the crypto exchange and its top executives for allegedly violating securities laws.

BlockFi announces deal with FTX US, including ‘option to acquire’ for $240M
According to CEO Zac Prince, BlockFi signed agreements with FTX US totaling $680 million — for a company that had a $5 billion valuation in June 2021. 308 Total views 10 Total shares FTX US has inked a deal with BlockFi that will give the crypto derivatives exchange the option to purchase the lending firm.In…

Bitcoin miners selling stock and BTC as returns halve since November
Miners are starting to get strapped for cash and need a boost since BTC has dropped in price since November and revenue has fallen even further due to increased competition. 249 Total views 3 Total shares Bitcoin miners are selling off coins from their stockpiles and shares in their companies after the profitability of mining…