FTX class action lawyers move to block Sullivan & Cromwell’s dismissal motion
Lawyers for FTX class action are challenging Sullivan & Cromwell’s dismissal request, claiming the law firm facilitated FTX’s fraudulent activities.
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Bitcoin ‘on brink of strong breakout’ says analyst ahead of Coinbase IPO
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Bitcoin monthly RSI lowest since September 2020 in fresh ‘oversold’ signal
A key Bitcoin (BTC) metric has just reached its lowest levels since the months after the March 2020 market crash.As noted by popular analysts on Jan. 5, Bitcoin's relative strength index (RSI) is printing a "hidden bullish divergence" on monthly timeframes — and if it plays out, they say, the result will be very pleasing…
Huobi Global to Freeze US Customer Accounts by Mid-November
Cryptocurrency exchange Huobi Global has announced that it will freeze all United States customers’ accounts on Nov. 13.In a blog post on Nov. 3, Huobi stated that its user agreement expressly prohibits customers in the U.S. from using its trading platform. For this reason, Huobi has been gradually disabling U.S customers’ accounts to “prevent any…
Bitcoin Users Stock Up as Data Shows Average Price Never Went Bearish
Bitcoin (BTC) never saw a bear market in 2019 — and the evidence is easy to find on the blockchain, according to some prominent figures.Data covering various metrics shows that despite recent price volatility, Bitcoin has held strong throughout its eleventh anniversary year.Investors echo that resolve — as the numbers confirm, so-called “hodlers” are more…
BitMEX Briefly Goes Offline Amid Legal Problems
Trading giant BitMEX briefly went offline just three days after being hit with a massive lawsuit, citing a trading engine error. 1848 Total views 49 Total shares Major Bitcoin (BTC) derivatives exchange BitMEX went offline earlier on May 19, citing trading engine failure. The platform was inaccessible for a brief time, and is currently back…
Maple Finance launches pool for US Treasury yields
The so-called on-chain management protocol gives non-U.S. accredited investors access to one-month U.S. Treasury yields. 279 Total views 1 Total shares Own this piece of history Collect this article as an NFTCrypto lender Maple Finance has rolled out a United States Treasury pool for non-U.S. accredited investors and entities.According to an Apr. 19 post, Maple…
Operator of Newly Launched Binance US Appoints Former Ripple Exec as New CEO
The operator of United States-based division of Binance crypto exchange has appointed former Ripple exec as its new CEO, the company officially announced on July 2.BAM Trading Services (BAM), the operator of recently launched Binance US, has hired Catherine Coley, former liquidity management expert at Ripple, to oversee the launch of Binance US and bring…
Brazilian toddler makes over 6,500% profit on her first Bitcoin holding
A father's gift of 1 BTC (roughly $915.80) to his newborn daughter back in 2017 is now worth more than $60,000. 307 Total views 3 Total shares A 4-year-old girl has reportedly earned over 6,500% profit on a one Bitcoin (BTC) gift she received on the day of her birth. João Canhada, the founder of a…