SEC sues Elon Musk claiming disclosure failures with Twitter stock
The SEC sued Elon Musk alleging he violated US securities laws by failing to timely disclose that he owned over 5% of Twitter’s stock in early 2022.
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PayPal’s crypto holdings increased by 56% in Q1 2023 to nearly $1B
The lion’s share of the fintech’s held cryptocurrency assets lies in BTC and ETH with $499 million and $362 million, respectively — up more than 56% since Q4 2022. 518 Total views 11 Total shares Financial technology company PayPal recently disclosed its cryptocurrency holdings in a quarterly report filed to the United States Securities and Exchange…

Core Scientific shuts down 37K mining rigs it was hosting for Celsius
Core Scientific estimated that canceling the agreement with Celsius will provide $2 million in revenue per month as long as Bitcoin stays around $16,700. 75 Total views 2 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTBankrupt cryptocurrency lender Celsius Network agreed to let Bitcoin (BTC) miner Core Scientific shut off more…

Price Analysis Dec 18: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XTZ, XLM
The crypto markets are currently held tight in the grasp of the bears. At the moment, there does not seem to be any specific news or event that has triggered the strong decline but one possibility is that some short-term investors who had been holding on to their positions in hopes of a rally are…

Meta announces Facebook and Instagram users can post NFTs from digital wallets
“This will enable people to connect their digital wallets once to either app in order to share their digital collectibles across both,” said Meta. 379 Total views 16 Total shares Facebook and Instagram users can both post nonfungible tokens, or NFTs, and digital collectibles to their accounts by linking their wallets.In a Monday update to…

Bitcoin Price ‘Not at the Top’ of New Bull Cycle Yet, Data Shows
Bitcoin (BTC) prices have far higher to go during their current market cycle if crowd sentiment takes charge, according to analysis of the Bitcoin Days Destroyed (BDD) technical metric.In social media posts on Aug. 22, Hans Hauge, senior qualitative researcher at crypto investment fund Ikigai, identified Bitcoin sentiment as being similar to early 2017. That…

Crypto trading volume slumps, signaling market exhaustion: Analysis
Crypto market trading volume has declined by more than 50% since February, when it was at its highest levels this year. Crypto trading volumes and dwindling digital asset prices are flashing signs of trader exhaustion and potentially weaker market momentum, according to analysts. Crypto-wide trading volume has been dropping since it peaked in February amid

Claims and rumors fuel crypto market turmoil amid FTX collapse
A report from Reuters claimed that FTX used some of its customer deposits to support Alameda Research. 498 Total views 2 Total shares While information leaks and unconfirmed reports can be a way for the truth to reach the public, they can also be a tool that fans the flames to grow even further in…

MicroStrategy raises $1.01B for Bitcoin acquisitions
MicroStrategy completes a $1.01 billion convertible note offering, allocating proceeds for Bitcoin purchases and debt repayment.