Republic First Bank closed by US regulators — crypto community reacts

Bloomberg ETF analysts raised their odds for a spot Bitcoin ETF approval after the recent Grayscale victory against the SEC. 283 Total views 1 Total shares Bloomberg analysts have raised the probability for an approved spot Bitcoin exchange-traded fund (ETF) by the end of 2023, following a recent Grayscale victory against the federal securities regulator.

FTX's collapse is one of the reasons why countries in the region should adopt regulation, noted the monetary fund. 856 Total views 22 Total shares The International Monetary Fund (IMF) is calling for increased regulation of Africa's crypto markets, one of the fastest-growing markets in the world, the global institution blog reported on Nov. 22. Among…

JPMorgan Chase, the United States’ largest bank, has reportedly taken on U.S. cryptocurrency exchanges Coinbase and Gemini as customers.A report from the Wall Street Journal on May 12 cited unnamed sources apparently familiar with the matter, who highlighted that the move is the first time the banking giant has served clients from the crypto industry.Both…

Undoubtedly, 2022 was one of the worst years for Bitcoin (BTC) buyers, primarily because the asset’s price dropped by 65%. While there were some explicit reasons for the drop, such as the LUNA-UST crash in May and the FTX implosion in November, the most important reason was the U.S. Federal Reserve policy of tapering and…

The co-founder of cryptocurrency-inspired Ponzi scheme OneCoin faces charges of fraud and money laundering in her absence — but will now become a movie star.As Hollywood news outlet Deadline reported on Feb. 4, a United States production company has won the rights to a podcast about Ruja Ignatova originally aired by the British Broadcasting Corporation…

Hackers from North Korea were behind a phishing scam targeting users of South Korean cryptocurrency exchange UpBit, Korean-language cryptocurrency news outlet CoinDesk Korea reported on May 29.According to findings by local cybersecurity firm East Security, the scam came in the form of an email sent to UpBit users requesting account information.The pretence was a fake…

Bitcoin (BTC) bounced at $46,000 support on Aug. 14 after an attempt to crack major resistance ended in rejection.BTC/USD 1-hour price chart (Bitstamp). Source: TradingViewBitcoin rejects at $48,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rising to tackle a giant sell wall during Saturday, only to reverse downwards to Friday's levels.As Cointelegraph reported, the…

County officials negotiated with the crypto exchange in 2021 to name Miami Heat's arena FTX Arena until 2040, for $135 million. 146 Total views 2 Total shares Own this piece of history Collect this article as an NFTMiami-Dade County will soon start to remove FTX's advertising brand from the NBA’s Miami Heat arena, after granting…

Bitcoin (BTC) price traded back below $10,000 on Sept. 11 as five-figure support for the largest cryptocurrency finally crumbled. Market visualization. Source: Coin360Bitcoin pre-halving “shakeout” theory emergesData from Coin360 showed BTC/USD suddenly drop from $10,200 late on Tuesday, subsequently putting in a local low of $9,900 before a slight rebound. At press time on Wednesday, $10,000 was…