Nvidia crypto sales case could see flood of ‘frivolous’ lawsuits — Advocate body
Crypto advocates The Digital Chamber has backed Nvidia in a Supreme Court fight with investors, saying the court’s decision could affect the entire crypto industry.
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Bitcoin short-term setup is challenging, JPMorgan strategists warn
Bitcoin and the crypto market are at the beginning of a healing process, JPMorgan analysts say in a note. 1282 Total views 2 Total shares Bitcoin’s (BTC) weekend dance between $30,000 and $34,000 seems to strengthen the short-term uncertainty narrative, as JPMorgan strategists believe the cryptocurrency market is not yet healthy.A Friday note from the…
Tether is ‘best friend’ of US, says CEO Paolo Ardoino
While focusing on developing countries, Tether is doing its best to maintain a good relationship with the United States, Paolo Ardoino told Cointelegraph.
Bitcoin options volume crosses $1B for the first time ever
Open interest for Bitcoin options almost touched $6 billion. 1246 Total views 13 Total shares Amid an ongoing bull run of Bitcoin (BTC), Bitcoin options are hitting a new historical milestone. Bitcoin options are derivative contracts that grant the holder the right, but not the obligation, to buy or sell BTC at a predetermined price.According…
French Financial Regulator Responds to EU’s Crypto Consultation
As the European Commission finished its public consultation on cryptocurrency assets in March, France’s major financial regulator stepped in to express its stance on the matter.The Autorité des Marchés Financiers (AMF), the stock market regulator in France, has published an official response to the EC consultation, outlining some basic proposals regarding their own vision for…
Kraken users have already staked half a million ETH
Interest in Ethereum staking continues to grow, as evidenced by recent numbers from Kraken. Ethereum’s transition to Ethereum 2.0 officially began in December 2020 with the launch of its beacon chain. The long-awaited scaling solution takes the blockchain from a proof-of-work to a proof-of-stake consensus algorithm. In the months since the transition began, users of…
MicroStrategy CEO says ‘Bitcoin scales just fine as store of value’
Arguably the biggest Bitcoin adoption move of 2020 turned 78,338 off-chain transactions into just 18 on-chain ones, with MicroStrategy praising scalability. Bitcoin (BTC) as a store of value “scales just fine,” the CEO of the company that just purchased 38,250 BTC has said.In a tweet on Sep. 17, Michael Saylor revealed more information about MicroStrategy’s…
Price analysis 1/4: BTC, ETH, XRP, LTC, DOT, BCH, ADA, BNB, LINK, BSV
Bitcoin (BTC) price plunged by about $3,400 in an hour, warning traders that corrections during a parabolic move are likely to be sharp. Data from Glassnode shows that the fall resulted in the liquidation of Bitcoin futures long positions worth about $190 million on Binance within an hour, the largest to date.In a strong uptrend,…
Crypto Founder Sentenced to Seven Years in Prison for $25 Million Scam
A federal court in Manhattan sentenced the founder of a $25 million ICO scam to 87 months and a fine of up to $250,000. 1484 Total views 46 Total shares Robert Farkas, the founder of cryptocurrency firm Centra Tech, which raised more than $25 million from its initial coin offering scam, pled guilty in a federal…