FTX 2.0 to launch soon? Court filing shows a reboot plan in the works
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After Overnight Flash Crash, Here Are 5 Reasons Why Bitcoin Will Rally Again
Bitcoin’s (BTC) price hit $9,260 on Feb. 20 and dropped to $9,350 on BitMEX the very next day. Analysts say these two pullbacks were liquidity fills and that the dominant cryptocurrency is likely to sustain its bullish market structure.Technical analysts and industry executives have laid out the exponential moving average golden cross, strong weekly support…
Institutional tax-loss harvesting weighs on the Bitcoin price as 2021 comes to a close
2021 has been a breakout year for the cryptocurrency market as a whole despite the year-end struggles that have kept the price of Bitcoin (BTC) pinned below $48,000, much to the chagrin of the cadre of folks who had been calling for a $100,000 BTC moonshot. Data from Cointelegraph Markets Pro and TradingView shows that the…
Mexican Crypto Exchange Bitso Seals DLT License from Gibraltar Regulator
Mexican cryptocurrency exchange Bitso will from now on be regulated by the Gibraltar Financial Services Commission (GFSC), a July 19 announcement revealed.An apparent first in Latin AmericaIn what Bitso claims is an apparent first in Latin America, as of August 1, the custody, withdrawals, deposits and trading of cryptocurrencies on its platform will be overseen…
26% of crypto investors in Japan tried out NFTs: Survey
Major Japanese cryptocurrency exchange Coincheck launched its own NFT marketplace back in March 2021. 13 Total views 2 Total shares At least one out of four cryptocurrency investors in Japan had an experience of holding nonfungible tokens (NFTs), according to a new survey.Major Japanese crypto exchange BitBank conducted an online survey diving into the NFT…
Facebook Libra Regulatory Overview: Major Countries’ Stances on Crypto
This week is crucial for the future of Libra: Facebook's cryptocurrency project will be subject to two back-to-back hearings in the United States Congress. First, the Senate Banking Committee will discuss the token on July 16. Then, on the following day, Libra will be reviewed by the House Financial Services Committee. The cryptocurrency’s co-creator, David…
Blockchain is the only viable path to privacy and censorship resistance in the 21st century
While censorship resistance and privacy are not the same thing, they are closely intertwined. When the government or another entity, such as an advertiser, can track everything you do, they can also sanction you for bad behavior. Instead of working backward to try and cover up seismic cracks in Web2 with duct tape, it may…
Optimism-based projects spike on rumors of token airdrop
“We’re nearing the end of a chapter and the beginning of the next — one driven by community ownership and governance,” noted Optimism. 572 Total views 34 Total shares The native token prices from multiple projects that employ Ethereum Layer 2 scaling solution Optimism have spiked around 20% amid rumors that the network will soon…
Trader turns $1K into $750K trading Tron memecoin SunWukong
The anonymous trader’s Sun Wukong holdings surged to $750,000 at its peak, but he hasn’t sold a single token yet.