Kraken Shutting Down Crypto Exchange in Japan Citing Weak Global Crypto Market
Cryptocurrency exchange Kraken is shutting down services in Japan. The company explained that the current Japanese market conditions and a weak global crypto market do not justify the resources needed to further grow its business in Japan at this…
Bitcoin Price Grinds Lower, More Losses Seem Imminent
Bitcoin price is slowly moving lower from the $17,000 resistance. BTC could continue to move down towards the $16,000 support zone. Bitcoin started a fresh decline after it failed to clear the $17,000 and $17,200 resistance levels. The price is…
Microstrategy Buys More Bitcoin — Company’s Crypto Holdings Grow to 132,500 BTC
Microstrategy is now holding approximately 132,500 bitcoin following its most recent purchases. This year, the world’s largest cryptocurrency has emerged as “the institutional-grade digital asset,” said Microstrategy founder…
Why The Bitcoin Price Could Kick Off 2023 On The Wrong Foot
The Bitcoin price has finally shown signs of life, albeit to the downside, a direction that might dominate the charts in 2023. During the holidays, the cryptocurrency was stuck on a single level, but the end of 2022 might see As of this writing…
Bitcoin Miner Argo Blockchain Sells Helios Facility to Galaxy Digital for $65 Million, Galaxy to Host Argo’s ASIC Fleet in Texas
After the publicly-listed bitcoin mining firm Argo Blockchain suspended trading on Nasdaq and the London Stock Exchange, the company said it would follow up the next day with an announcement. The following day, on Dec. 28, 2022, Argo detailed it is…
Bitcoin Could See Another Bull Rally If This Happens
Bitcoin is still strangling at the $16,000 price level with no significant movement up or down. This is normal given the historically low rates of volatility that are being recorded in the market. However, there may be some good rallies in the near…
FTX Co-Founder Faces ‘No-Nonsense’ Judge Next Week, Report Says SBF ‘Expected to Enter a Plea’ in Fraud Case
According to court documents, Sam Bankman-Fried (SBF) is set to be arraigned by the federal court in the Southern District of New York (SDNY) on Jan. 3, 2023. The disgraced FTX co-founder plans to enter a plea in his fraud case in front of U.S…
3Commas CEO confirms API key leak following warning from CZ
The Binance CEO was less than receptive to claims of losses due to a 3Comma API key leak earlier this month; now he recommends disabling 3Comma API keys.
Sports players, movie stars, models, musicians; the gang's all here, with more celebrities entering the blockchain space with each passing month. Will that trend continue in 2023?
The Shiba Inu price has moved south on its chart over the last 24 hours. In the same time frame, SHIB depreciated by 3%. In the past week, the meme coin also did not register gains, losing a few support lines after losing close to 6% of its market…
Debunking Bitcoin Misconceptions: It’s Not Stored Time, Energy Or Violence
Metaphors and analogies are critical for helping newbies understand Bitcoin, but they are dangerous when taken too far.This is an opinion editorial by Stephan Livera, host of the “Stephan Livera Podcast” and managing director of Swan Bitcoin…
Bankman-Fried may enter plea in NY federal court next week before Judge Lewis Kaplan
Bankman-Fried has claimed repeatedly that he does not consider himself to have criminal liability in the collapse of FTX, but his colleagues have already pleaded guilty.
Onchain Sleuths Discover Funds Linked to Alameda Swapped for ETH, USDT, BTC by a Mysterious Entity
On Dec. 27, 2022, a number of onchain researchers noticed that funds connected to Alameda Research and FTX have moved and have been swapped for other tokens. Reports show the hacker known as the ‘FTX Accounts Drainer,’ traded large…
MicroStrategy To Launch Bitcoin Lightning Solutions In 2023: Saylor
Bitcoin Lightning applications that MicroStrategy plans to release include enterprise infrastructure services and content monetization solutions, Saylor said.MicroStrategy will release software applications and solutions powered by the Bitcoin…
Bitcoin Might Be Going Through Its “Most Challenging” Cycle Based On This Metric
The current Bitcoin cycle might be its “most challenging” one yet if the drawdown in this on-chain metric is anything to go by. Total Amount Held By 1k-10k BTC Value Band Has Sharply Gone Down Recently As pointed out by an analyst in a…
FTX Customers File Class Action to Claim Assets Within Bankruptcy Case
A group of customers are now suing FTX in an attempt to become the first to recover funds from the insolvent cryptocurrency exchange. The lawsuit, filed as part of the bankruptcy case in Delaware, seeks a court ruling recognizing that their…
Prolonged Crypto Winter Pushes Kraken Exchange Out Of Japan
The crypto winter is a drawn-out one exacerbated by the collapse of large players such as Terra and the FTX crypto exchange. As crypto businesses continue to feel the effects of the current bear market, another major player, Kraken, has been…
The Stablecoin Economy Shed $28 Billion in 2022 After a Handful of Tokens Lost Their $1 Peg
2022 has been an interesting year for stablecoin assets as the market capitalization of the entire stablecoin economy lost just over $28 billion in value. Moreover, more than $3 billion has been erased from the stablecoin economy during the last 23…
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