Arbitrum and Optimism raked millions in profit despite the extended bear market that hammered decentralized finance (DeFi) activities and Ethereum (ETH) valuation in 2022. Arbitrum And Optimism Win Big Per on-chain data shared on Twitter, Arbitrum…
Digital Dollar Project urges US to take action on CBDC development
The foundation set up by “Crypto Dad” Christopher Giancarlo released a new version of its CBDC white paper with new warnings about maintaining U.S. leadership.
Bitcoin Price And Risk Assets Jump In Correlated Move
Bitcoin price correlates with high-beta stocks in the recent move upward. Global liquidity is increasing as financial conditions loosen.The below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine's premium markets…
Bitzlato kept a low profile, but did not go entirely unnoticed before DOJ action
The Hong Kong crypto exchange with strong ties to Russia was a blip on Chainalysis’ radar last year; its takedown was seen as anticlimactic by many in the crypto community.
Asian Traders Behind Most Of Bitcoin’s Recent Gains, Report Reveals
Data shows most of Bitcoin’s recent gains since November 27 have been observed during Asian trading hours, according to a report. Bitcoin Saw The Most Returns During Asian Trading Hours As per the latest weekly report from Arcane Research…
Okcoin And Paradigm Announce New Grant Awarded To Bitcoin Core Maintainer Marco Falke
The new grant, in partnership with Paradigm, will bring Okcoin’s support of Bitcoin Core development to $1.5 million.Cryptocurrency exchange Okcoin, alongside partner investment firm Paradigm, has announced a new set of funding for Bitcoin Core…
Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis
According to a shareholders’ letter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has suspended dividends until further notice. This news follows the U.S. Securities and Exchange Commission…
Chainlink (LINK) Records 7% Gains In Last Week, Will It Cross $7?
The global cryptocurrency market cap is currently down by 1.61%, but LINK holds its gains on the weekly chart. With institutional investors and whales engaged in trading activities, the crypto market is experiencing a revival. Chainlink has…
Solana Jumps By 23%: Will A Correction Impact The Recent Rise?
Solana has been one of the top performers in the cryptocurrency market, with gains of over 89% in 30 days, 131% in 14 days, and 63% in 7 days. In the face of claims that the SOL network is failing, the token’s price needs a slight upward…
U.S. Department Of Justice Shuts Down Crypto Exchange Bitzlato, CEO Arrested
The DOJ has charged the exchange with facilitating more than $700 million in illicit transactions tied to Russia, money laundering and criminal activity.The U.S. Department of Justice (DOJ) has announced the closure of the Bitzlato cryptocurrency…
Binance registers as virtual asset service provider in Poland
In compliance with new regulatory requirements, Polish users will have to sign new terms and conditions with Binance Poland in order to continue using the company’s services.
Sam Bankman-Fried Disputes FTX US ‘Shortfall’ Claims, Critics Skeptical of Excel Spreadsheet Defense
Following an update from FTX debtors about the $5.5 billion discovered by administrators during an investigation, former FTX CEO Sam Bankman-Fried (SBF) took to Twitter to share a blog post from his Substack newsletter. SBF stated that the…
Bitcoin and Ethereum correct amid Bitzlato takedown, tech layoffs and economic worries
U.S. regulators’ announcement of action against Bitzlato, a softening stock market and a new wave of tech layoffs resulted in an abrupt correction in the crypto market.
CoinEx 2022 Year in Review: New Slogan, Better Product, and More User-Friendly Services
PRESS RELEASE. 2022 is an extraordinary year for the crypto industry, and it is also a year of struggle for both institutions and users. For CoinEx, 2022 was also a special year – quite a few crypto platforms collapsed overnight, and the…
Rick McCracken Predicts Mainnet Launch For Djed, A Cardano Stablecoin
Based on a discovery from a new stablecoin test of Cardano, Rick McCracken has predicted a close launch date for Djed mainnet. Rick McCracken, the owner of the ADA staking pool, DIGI, and also a Cardano supporter, did not hesitate to make his…
FTX fallout: SBF trial could set precedent for the crypto industry
The FTX saga is set to enter its next phase in October with the start of SBF’s trial. However, industry experts are concerned that prosecutors could use him to set an example.
Biggest Movers: SHIB Surges to Fresh 2-Month High on Wednesday
Shiba inu surged to a multi-month high on Wednesday, as the meme coin collided with a key price ceiling. Prices rose by as much as 17% in today’s session, as the global cryptocurrency market cap also trended higher. Polkadot was once again in the…
Bitcoin On Exchanges Drop By 44%, Could This Fuel More BTC Rally?
The amount of bitcoin (BTC) being held on exchanges has been on a steady decline since the bear market began in 2022, but the rate at which investors were pulling their cryptocurrencies off exchanges has accelerated in the last couple of months…
Bitcoin Soars to $21,500 On “Hated Rally,” Is There Fuel To Keep Rising?
The Bitcoin rally continues as the cryptocurrency smashes all resistance levels and seems ready to reclaim more ground. The number one crypto by market capitalization has seen a double-digit gain over the previous week leading the top performers in…
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