Pro-crypto Republicans win House seats as majority control still TBD
Jeff Hurd and Scott Perry, both in favor of FIT21, won close elections against their Democratic rivals for House seats in Colorado and Pennsylvania.
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‘There will be many more zeros’ — Kevin O’Leary on FTX-like collapses to come
The Shark Tank star said all unregulated exchanges are seeing “massive outflows” right now, and rightly so. 376 Total views 4 Total shares Own this piece of history Collect this article as an NFTUnregulated crypto exchanges will continue to fall like dominoes post-FTX, with plenty more “meltdowns” to come, warns Shark Tank star and investor…

Trader turns $2K into $3.2M in 10 hours on metaverse token
The savvy trader made an over 1,500-fold return on investment despite the broader crypto market slump.

Ethereum has less than 10% chance of tapping $5K by year-end, says Derive
Derive suggests data shows the chances of Ether reaching $5,000 by the end of the year are low, but traders seem more bullish than ever amid significant ETF inflows.

ConsenSys Partnering with Hitachi for PegaSys Plus Sales in Japan
Hitachi Solutions will be the first company in Japan permitted to conduct sales of blockchain software technology company ConsenSys’ product PegaSys Plus starting on April 1.According to a March 30 press release, Tokyo-based Hitachi announced it would work in collaboration with U.S.-based ConsenSys to provide PegaSys Plus to the Japanese market. An Ethereum (ETH)-based blockchain…

‘Get Ready for Bitcoin $20K,’ Says BitMEX CEO as Fed Panic-Prints $53B
Bitcoin (BTC) could soon shoot to $20,000 as a result of emergency measures from the United States Federal Reserve, also known as The Fed, one of the industry’s biggest firms has said.Fed echoes 2008 crisis movesIn a tweet on Sept. 18, Arthur Hayes, CEO of derivatives giant BitMEX, forecast that fresh quantitative easing (QE) would…

FTX seeks to claw back $460M from Bankman-Fried-backed VC firm
While the funds represent a small portion of FTX’s overall asset shortfall, the settlement means the firms can avoid a costly legal battle. 148 Total views 9 Total shares Own this piece of history Collect this article as an NFTBankrupt crypto exchange FTX is seeking to recover $460 million of allegedly misappropriated customer funds from…

Indian Supreme Court raps Union government on crypto rules delay: Report
The Supreme Court bench asked the union government to file a report on whether the latter is capable of setting up a federal agency to investigate crypto-related crimes. 459 Total views 17 Total shares The Indian Supreme Court on July 27 reprimanded the Union government for the lack of crypto regulations in the country, according…

Bitcoin Volume and Returns Remain Stable Amid Global Economic Uncertainty
Recent reporting by Cointelegraph shows that Bitcoin (BTC) spending has retraced since March 9 amid the worsening coronavirus pandemic. Data from blockchain analytics firm Chainalysis also shows that even the amount of Bitcoin spent on illicit activities through darknet marketplaces is down from pre-coronavirus levels.Despite the reduction in transactions, traders still view the current prices…