Worldcoin ordered to stop operations in Hong Kong

Bear markets are for building out capacity on the layer-2 Lightning Network. Despite macroeconomic headwinds and sluggish price action, the Lightning Network, the layer-2 payments solution fo Bitcoin (BTC), continues to flourish.The Bitcoin Lightning Network reached a milestone capacity of 5,000 BTC ($96 million). In effect, more and more Bitcoin is being introduced to Lightning…

According to reports, FTX CEO Sam Bankman-Fried asked investors for emergency funding to cover an $8 billion shortfall during a Nov. 9 investors call. 1649 Total views 29 Total shares Sam Bankman-Fried has reportedly asked investors for $8 billion in emergency funding to cover a shortfall caused by the flood of withdrawal requests to his…

Buyers will need to keep Bitcoin above $53,500 to start a recovery in SOL, DOT, NEAR and KAS.

BTC price action may be flagging, but large-volume Bitcoin investors are buying, not capitulating, data shows.

Institutions on the fence about crypto involvement may no longer fear legal uncertainty, given recent crypto custody regulatory clarity. 1583 Total views 24 Total shares Recent regulatory transparency provided by U.S. banking regulator, the Office of the Comptroller of the Currency, or OCC, may give interested institutions the confidence to enter the crypto industry.“For those…

News headlines have recently covered how China's struggling economy poses significant risk to global growth. Economic activity and the flow of credit in the region are weakening and analysts are not convinced that the Chinese government’s interventions are a sufficient fix for what appear to be structural problems. For instance, industrial output in July increased by…

Teen crypto star Erik Finman has said Bitcoin (BTC) “may have a bull market or two left in it,” but that “long-term, it’s dead,” in an interview with financial news site MarketWatch on Dec. 17.Finman is famous for his precocious investment in Bitcoin back in 2011, when he reportedly bought in — at the age…

José Manuel Campa reportedly suggested the European Banking Authority may be unprepared for regulating the changes that come with a “very dynamic” crypto space. 168 Total views 14 Total shares The chair of the European Banking Authority, or EBA, a European Union agency that regulates banking activities, has reportedly expressed concern that a dearth of…

Russia is allegedly preparing a ban on the use of cryptocurrencies to pay for goods and services.A report from Izvestia on Nov. 29 cites several sources allegedly familiar with ongoing discussions at the country’s central bank, financial regulator and Ministry of Finance in support of a ban.Legal measures not yet officially confirmedAt present, cryptocurrencies can…