Silvergate Capital files for Chapter 11 bankruptcy in Delaware

Morgan Creek Digital co-founder and partner, Anthony Pompliano, expressed his view that the U.S. Federal Reserve may not quite be what it seems. His statement came in response to Robert Kiyosaki’s own claims about the Federal Reserve. “Robert's belief that the Federal Reserve is not a bank, not federal, and has no reserve is directionally correct,”…

Twitter CEO Jack Dorsey testified before a Congressional committee Wednesday, September 5 that the company is exploring blockchain technology for potential application.Dorsey answered questions during a hearing on Twitter transparency and accountability held in the U.S. House Committee on Energy and Commerce.Doris Matsui, a representative from California, asked Twitter’s CEO about what potential applications blockchain…

The price of Bitcoin (BTC) has declined by more than 6% in the last three days and with the $276 million CME Bitcoin futures expiry approaching on Aug. 28, traders are nervous that additional downside could be in store.Following Bitcoin’s rejection at $12,500, traders foresee two key scenarios playing out over the short term.Some technical…

Some crypto community members argued against the petition, while others supported ENS’ move against Unstoppable Domains.

European Union doubles down on commitment to investing in blockchain technology. 1615 Total views 12 Total shares The European Commission is inviting tenders for the European Union blockchain pre-commercial procurement, or PCP.In general, a PCP is a public sector purchase of research and development services to adapt new or emerging technology to its needs.This PCP…

Volatility coupled with one of the longest bear markets ever experienced by the cryptocurrency industry have compelled many investors to consider staking as a method of “playing it safe,” according to a Bloomberg article.Staking, which is similar to earning dividends or interest on your investment, is not a new concept. However, in a long bear…

Philip Swift, a Bitcoin (BTC) analyst and the creator of Lookintobitcoin.com, laid out four reasons why BTC is headed to $22,000. Both fundamental and technical factors indicate the top cryptocurrency’s momentum is strengthening.The one-year HODL percentage, the decline of Bitcoin exchange reserves, neutral funding rates, and institutional accumulation point toward a prolonged BTC rally. Swift…

The decentralized finance or DeFi market saw a steep correction over the last 12 hours as Bitcoin (BTC) was unable to break the $41,000 level.Meanwhile, analysts say that the profits from major DeFi tokens are flowing back into Bitcoin, even though the DeFi market is still lagging behind despite BTC’s recovery over the past week.1-hour…

Cryptocurrency exchange Bittrex announced that it will block its United States-based users from trading in 32 cryptocurrencies. The exchange revealed the news in a post on its blog on June 7.Per the announcement, after June 21, U.S. traders won’t be able to access a slew of coins listed on the exchange, including QTUM and STORJ.The…