VanEck eyes $350 Solana price, Tornado Cash dev to face criminal trial: Finance Redefined
Solana’s market cap could reach 50% of Ether’s due to its superior transaction throughput, according to asset management giant VanEck.
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Swiss Sygnum Bank to offer custody for Internet Computer token
Major Swiss crypto bank Sygnum is planning to launch options trading for the ICP token at a later date. 6013 Total views 23 Total shares Switzerland-based cryptocurrency bank Sygnum is launching custody and banking services for Internet Computer (ICP) utility tokens.Sygnum announced on Tuesday that ICP holders will be able to deposit their tokens with the…
Crypto Wallet Secures $50 Million Insurance for Customer Crypto Assets
Crypto securities company Curv has partnered with insurance company Munich Re to obtain $50 million in coverage, according to a Curv press release on May 10.This new insurance is designed to cover any cases in which a bad actor was able to gain access to either Curv or the customer’s shares, both of which would…
Gaming Is Key to the Mass Adoption of Crypto
A whole new exciting world of value is being coded into life right now by gamers. While it may be a far cry from the lofty ideals of banking the unbanked and taking down the global banking system, gaming is gearing up to be a massive force in the crypto space.Addictively fun games will draw…
Bitcoin’s $20K support looks weak, but pro traders are neutrally positioned
Bitcoin (BTC) has been lingering above $20,000 for the past nine days, but worsening conditions from traditional markets are causing traders to doubt if the support will hold.On Nov. 3, the Bank of England raised interest rates by 75 basis points to 3%, its largest single hike since 1989. The risks of a prolonged recession…
SBF’s neurodivergence saw him ‘misinterpreted’ at trial, doctors argue
The court and jury could have misunderstood Sam Bankman-Fried’s behavior during his criminal trial due to his autism and attention deficit disorders, doctors wrote in a recent amicus brief.
Bitcoin can see $55K breakout if last major BTC price resistance is broken — Analyst
A short squeeze could send BTC/USD far beyond $50,000 if the $48,000 sell wall crumbles. 2272 Total views 84 Total shares Bitcoin (BTC) touched $47,000 on Tuesday as ranging behavior continued to hint at an attack on major resistance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewVolatility narrows for BitcoinData from Cointelegraph Markets Pro and TradingView showed BTC/USD…
Bitcoin 200-week moving average hints price will never go below $6.7K
Bitcoin (BTC) speculators waiting for a BTC price drop of even 35% will probably be waiting forever, new data shows.In a tweet on Sep. 22, quant analyst PlanB noted that Bitcoin will break the habit of a lifetime if it goes lower than $6,700.PlanB tracks historical BTC price floorPlanB was referencing the 200-week moving average…
IRS releases draft of proposed reporting rules for digital asset brokers
The United States Internal Revenue Service (IRS), the agency responsible for tax collection, released proposed regulations on the sale and exchange of digital assets by brokers. Under the rules, brokers would be required to use a new form to report to simplify tax filing and cut down on tax cheating.The proposed Form 1099-DA would “help…