What is an ascending triangle pattern and how to trade it?
Ascending triangle patterns are one of the most popular chart indicators traders use, but it does not always mean the price will rally.
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US institutions account for 85% of Bitcoin buying in 'very positive sign' — Matrixport
Matrixport’s head of research and strategy suggests the industry will soon see layer 1 and other altcoins outperforming relative to Bitcoin.
US securities regulator probes Wall Street over crypto custody: Report
The regulator has been probing registered investment advisors over how they've been offering crypto custody to their clients, according to sources.
Argo Blockchain accused of misleading investors in class action lawsuit
After a torrid 2022 that saw it sell off its flagship mining facility, Argo Blockchain's woes are worsening after a recent class action suit.
Bitcoin miner Hut 8 takes stoush with Ontario power supplier to court
The lawsuit escalates a months-long dispute between the crypto miner and one of its energy suppliers in Canada.
Congressman Hill to 'make sure' US is the place for blockchain innovation
The chair of the Financial Services Subcommittee on Digital Assets wants to make America the place for fintech and blockchain innovation.
Leaked bids: Binance, Galaxy Digital among secret bidders for Celsius assets
Crypto blogger Tiffany Fong has shared documents she claims to have obtained in late December detailing several bids for Celsius' crypto assets.
UK's FCA hints at why its given only 15% of crypto firms the regulatory nod
The UK financial watchdog has received 300 crypto firm registration applications but has approved only 41 applicants.
CFTC's Johnson urges Congress for expanded powers in crypto oversight
Johnson wants to protect customers in a way that reduces the risk of crises, and proposes a number of amendments to existing crypto regulation.
US Senator Ted Cruz pushes for crypto in Congress ... using snacks
A newly introduced resolution could potentially see lawmakers buying sodas and chips using crypto-supporting vending machines.
Keep an eye out for major company NFT trademark filings this year
NFT trademark filings by companies aren’t just a marketing stunt. According to a trademark lawyer, they have to use what’s in the application.
Bithumb in turmoil, Binance’s 47K law requests, Axie players down 85%: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. Bithumb in turmoil On Jan. 25, Yonhap Infomax reported that South Korean authorities had requested an arrest warrant for Kang Jong-Hyun, chairman and…
Data shows pro Bitcoin traders want to feel bullish, but the rally to $23K wasn’t enough
Bitcoin price has flashed a few bullish signals, but traders are not too keen on adding leverage longs until after the Federal Reserve shows its cards on Feb. 1.
SEC once again rejects ARK 21Shares Bitcoin ETF listing
Proponents of the fund had argued that a current surveillance sharing agreement with CME would be adequate to protect investors.
Moody’s to build scoring system for stablecoins: Report
Moody's is allegedly developing a scoring system for stablecoins, with analysis of up to 20 digital assets.
ISDA releases standard definitions for digital asset derivatives
The International Swaps and Derivatives Association is working on two papers to address fundamental legal risks in the crypto markets.
Here’s why Bitcoin price could correct after the US government resolves the debt limit impasse
Bitcoin price has been on a tear, but analysts warn that resolving the U.S debt limit issue could trigger sharp downside for risk assets like BTC.
Sens. Warren, Wyden question quality of auditors’ oversight in light of FTX debacle
The senators co-authored a letter to the Public Company Accounting Oversight Board chair asking how FTX and other crypto firms were audited and why the audits failed so badly.
Polkadot restates its case that DOT has ‘morphed’ away from security status
The Web3 Foundation has reminded the world that, in its eyes, it has conformed to SEC requirements and DOT should no longer be considered a security.
88x Finance partners with Axelar Network for cross-chain yield aggregator
The startup is one of the projects participating in the Axelar Ecosystem Startup Funding Program.
Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries
Persistent worries about Binance’s solvency, increased regulation of the crypto sector and questionable use cases are chipping away at BUSD’s market capitalization.
Porsche NFT trading volume nears $5M despite launch woes, minting halt
Developers of the nonfungible tokens had halted minting on Jan. 25 in response to user complaints.
Opinion: Barry Silbert keeps quiet as Genesis goes down in flames
Genesis CEO Barry Silbert should have come clean after FTX imploded. Instead, he’s still deflecting responsibility for his company’s bankruptcy.
Crypto-friendly Stripe weighs public offering: Report
In 2021, Stripe raised $600 million from a group of investors at a valuation of $95 billion, making it one of Silicon Valley's most valuable startups.
FTX legal team calls for Sam Bankman-Fried’s family to answer questions under oath: Report
Joseph Bankman, Barbara Fried and Gabriel Bankman-Fried could reportedly face questions in bankruptcy court about any financial benefits they may have received from FTX.
Aave purchases 2.7M CRV to clear bad debt following failed Eisenberg attack
Following a failed short attack, DeFi exploiter Avraham Eisenberg was liquidated from Aave at a loss of $10 million.
US Justice Department seizes website of prolific ransomware gang Hive
The group is known to have targeted critical infrastructure and healthcare providers, extorting $100 million from victims worldwide.
Bitcoin can still crack $50K if gold correlation continues — Chart
BTC price performance may encounter a new magnet above the $50,000 mark if gold continues to be a trendsetter.
Bitcoin dialogue at WEF requires ‘open-mind’ — Davos 2023
“It’s about taking inspiration from what we’ve done.” Lugano’s Plan B hopes to drive Bitcoin adoption dialogue at future World Economic Forum conferences.
The legal dangers of getting involved with DAOs
Buying DAO tokens? That’s no longer risk-free: Courts might consider you a partner in the business and judge you liable for millions in hacked funds. Another legal trap may be found simply working for a DAO — and implementing community decisions…