US trustee challenges FTX reorganization plan, citing legal concerns
The objections raised by the US trustee and the creditor group are likely to play a significant role in the court’s deliberations.
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Elon Musk streams, Amazon partners with Immutable, MetalCore preview: Web3 Gamer
Elon Musk is a streamer? The social media website X, formerly known as Twitter, hosted its first gaming stream — a 50-minute-long Diablo 4 gameplay — on October 6. The stream, which has over 42 million views at the time of writing, involved X owner Elon Musk playing Blizzard Entertainment’s latest title and answering questions
Blockchain Heroes Refuse to Accept ‘Old World’ Fiat Payments
In advance of its August 8 release, Blockchain Heroes has airdropped fans an NFT trading card featuring a crossover character from Topps. Digital collectibles trading card series Blockchain Heroes launches this week, but won’t be purchasable with old school fiat or credit card payments. Instead trading card fans will only be able to buy packs…
Chamber of Digital Commerce launches Digital Power Network miners’ coalition
The new advocacy group already represents over half the country’s Bitcoin hash rate and will seek to shape energy policy and champion Bitcoin and blockchain. 122 Total views 1 Total shares Cryptocurrency miners have a new voice in Washington with the launch of the Digital Power Network (DPN), a new coalition affiliated with the Chamber
Bitcoin miner OTC balances reach 2-year high — Why it’s a bearish signal
The rising amount of Bitcoin OTC desk balances for miners indicates “significant selling activity” among miners.
Japanese Financial Regulator Receives 190 Cryptocurrency Exchange License Applications
The Japanese Financial Services Agency (FSA) received 190 cryptocurrency exchange license applications, an unnamed FSA staff member told Cointelegraph Japan on Dec. 28.The FSA has given the local crypto industry self-regulatory status, certifying the Japanese Virtual Currency Exchange Association (JVCEA) to oversee the space. The JVCEA is now expected to develop anti-money-laundering (AML) policy and…
Bitcoin, stocks drop as markets uncertain about US election result
The price of Bitcoin (BTC) suddenly fell by 3% within hours on Nov. 4 to $13,566 after briefly rising above $14,000. Coincidentally, the U.S. dollar, gold and stocks all fell together in tandem.Analysts are pointing to uncertainty surrounding the election as the catalyst for the sharp correction. Bitcoin 1-hour chart. Source: TradingView.comWhy markets fell after surging…
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.…
Dollars on the Lightning Network: A boon for emerging markets?
An innovation on the Bitcoin Lightning Network (LN) could shelter users from the price volatility of BTC by providing access to dollars. 813 Total views 14 Total shares Dollars at the click of a button on the Lightning Network could soon become a reality. An innovation from Galoy, the provider of open source core banking…