Pro-crypto lawyer John Deaton offers to probe Operation Chokepoint 2.0
Not investigating Operation Chokepoint 2.0 would create a dangerous precedent where regulatory bodies can suppress whoever they disfavor, Deaton stressed.
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European regulator publishes second consultation on MiCA
The regulator will publish a final report based on feedback received and submit the draft technical standards to the European Commission by June 2024. 259 Total views 1 Total shares The European Securities and Markets Authority (ESMA), the European Union’s markets regulator, released a second consultative paper on Markets in Crypto-Assets (MiCA) mandates on Oct.

How massive liquidations caused Bitcoin to plummet 16% in 24 hours
Bitcoin (BTC) price fell by a whopping 16% to $16,334 on Nov. 26 since achieving its peak at $19,484 the previous day. Data suggests that cascading liquidations were the driving force of the massive correction.Prior to the pullback, the open interest of the Bitcoin futures market hit a new record high. The derivatives market was…

Binance kicks off transition to new platform in Japan
The move follows the acquisition of the regulated crypto exchange Sakura Exchange Bitcoin (SEBC) in November 2022. 187 Total views 1 Total shares After five years out of the Japanese market, crypto exchange Binance has begun the process of establishing a new and fully regulated subsidiary in the country. The move follows the acquisition of…

Bitcoin Lightning Network is growing, but 3 major challenges remain
The Lightning Network is a layer-2 solution built on top of the Bitcoin blockchain, and its primary objective is to address the Bitcoin network’s scalability issues. It also allows for faster and cheaper transactions by facilitating off-chain payments through a network of payment channels. The Lightning Network has gained traction since its launch in 2018, hitting a…

‘Unusually’ large Bitcoin ETF inflows spark concerns of BTC price decline
Large surges in spot Bitcoin ETF inflows have historically been “followed by bearish price movements,” leading one analyst to warn that a price decline could follow.

Top 5 Cryptocurrencies to Watch This Week: BTC, XTZ, ADA, LINK, ETC
The institutional interest in Bitcoin (BTC) has increased in the past few months, according to data from Grayscale Bitcoin Trust. If the trend continues at the same pace, by March 2021, GBTC would have purchased 75% of the newly mined Bitcoin during the period. By that time, its total holding of the top-ranked cryptocurrency on…

Bitcoin bulls eye $50K as data show BTC’s liquid supply in steady decline
On Feb. 12 Bitcoin (BTC) price hit a new all-time high at $48,985 before pulling back to the $46,000 level. A quick glance at the 4-hour chart shows the top-ranked cryptocurrency trading in what appears to be a brief phase of consolidation but BTC is still maintaining its bullish momentum through a pattern of higher highs…

CBS doco on Silk Road throws spotlight on Ross Ulbricht
The Silk Road saga gets more airtime on the latest CBS News documentary 1059 Total views 18 Total shares Mainstream U.S. media outlet CBS is airing a documentary tonight on the takedown of the Silk Road dark web marketplace.It features an interview with Julia Vie, former girlfriend of Silk Road founder Ross Ulbricht who claims…