Tornado Cash developer Alexey Pertsev denied bail while preparing appeal
Pertsev will now spend the next year in prison while his lawyers prepare an appeal for money laundering charges.
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Bitcoin price continues to fall, but derivatives data hints at a short-term rally to $25K
It’s possible that many people have already forgotten that Bitcoin’s (BTC) price closed 2022 at $16,529 and the recent rebound and rejection at the $25,000 level could raise concern among certain investors. Bears are pushing back at the $25,000 level and there has been multiple failed attempts at the level between Feb. 16 and Feb.…

Bitcoin Halving History: Harsh Rate As a Clue to What Will Happen
With Bitcoin off on an upward rally, many are pointing to the upcoming halving, due on May 12, as the underlying reason. Not unfairly, either. Precedent demonstrates that Bitcoin’s (BTC) price usually ends up higher after a halving, even if it takes several months. The halving was programmed into Bitcoin’s source code from the very beginning…

ConsenSys Is Shutting Down Offices in India and the Philippines
Consensys founder Joseph Lubin has informed teams in India and the Philippines that their offices will be closing down.Consensys confirmed to Cointelegraph that local offices in India and the Philippines would indeed be shut down and that 11 employees are being laid off. A spokesperson for ConsenSys said:"A total of 11 roles were eliminated in…

Crypto Exchange Bitfinex Denies Allegedly ‘Fake’ Tether Volumes Listed on CoinMarketCap
Major crypto exchange Bitfinex has responded to a recent media report that accused the exchange of publishing trading volume data from “a market that doesn’t exist,” in a tweet posted Oct. 23.The controversy centers on an article from crypto media outlet CoinDesk, which had alleged that Bitfinex’s data on popular crypto statistics aggregator CoinMarketCap (CMC)…

Bitcoin miners languish amid crypto market rout — JPMorgan
Even miners selling high-performance computing to AI models are under strain, according to JPMorgan analysts. 481 Total views 1 Total shares Bitcoin (BTC) mining stocks are struggling as declining cryptocurrency prices add further pressure to business models strained by the Bitcoin network’s April halving, according to a JPMorgan research note shared with Cointelegraph. Mining stocks

Bitcoin Falls Under $10,400 as Major Altcoins See Double-Digit Losses
Sunday, July 14 — Most of the top 20 cryptocurrencies are reporting losses on the day by press time, as Bitcoin (BTC) fell below the $10,400 mark.Market visualization courtesy of Coin360Bitcoin is currently down by over 9% on the day, trading at around $10,392 at press time, according to Coin360. Looking at its weekly chart,…

Tether CTO to Tell the Story of USDT Stablecoin At Upcoming Conference
Amid ongoing lawsuits surrounding controversial stablecoin Tether (USDT), the company’s CTO plans to detail the asset’s background at an upcoming conference. Bitfinex and Tether CTO Paolo Ardoino is slated to recount “the story of Tether’s inception and success” in a keynote speech at the CryptoCompare Digital Asset Summit in London on March 10, a statement from…

Solana’s token minting frenzy loses steam as memecoins get torched
Solana’s top memecoin launchpad, Pump.fun, is experiencing a decline in activity, with daily launches and revenue falling below its usual benchmarks.