Crypto Biz: SBF has his day in court; Barry Silbert accused of ‘stalling’ over frozen funds
The founder of FTX pleaded not guilty to all criminal charges related to the collapse of crypto exchange FTX.
Posts published on January 6, 2023 go to media archive 2/3
MEXC 2022 Recap: Futures Business Grows by 1200% and Exceeds 10 Million Users
Recently, the cryptocurrency trading platform MEXC released two retrospective articles: Major Events in Cryptocurrency Market 2022，Which Affected You the Most? Blog-Top 10 Highlights of MEXC 2022, which respectively reviewed the…
Bitcoin Price Bearish Below $16,900 But Indicators Point Otherwise
The Bitcoin price has struggled below $17,000 for multiple weeks now, and it recently dipped below the $16,900 mark. This downward move on the Bitcoin chart could be attributed to the recent Federal Open Market Committee (FOMC) minutes. The minutes…
Sam Bankman-Fried’s lawyers claim he needs Robinhood shares ‘to pay for his criminal defense’
The legal team confirmed the U.S. Departure of Justice was in the process of seizing the Robinhood shares but said SBF was “compelled to reply” given other claims.
BONK Meme Coin Sees Wild Price Fluctuations and Massive Holder Concentration
After the all-time cryptocurrency price highs in 2021, suffering through the Luna implosion of 2022 and watching countless crypto businesses go belly up, we’ve got a new entrant to the meme coin scene that launched on the Solana network. The…
XRP Spikes 2% In Past 24 Hours Despite Recent Bearish Developments
Ripple has been locked in a bitter court battle with the U.S. Securities and Exchange Commission regarding whether XRP should be classified as a security or not. Ripple’s CEO, Brad Garlinghouse, recently tweeted about him being optimistic but…
Ethereum’s Shanghai upgrade could supercharge liquid staking derivatives — Here’s how
Traders are contemplating what will happen to ETH price and staked Ether derivatives after the next network upgrade opens withdrawals for stakers.
Biggest Movers: XMR Hits 2-Month High, ADA Extends Recent Gains
Monero slipped from an earlier two-month high, as December U.S. nonfarm payrolls (NFP) showed signs of a slowing labor market. Figures released today showed that the NFP fell to 223,000, down from a reading of 263,000 the month prior. Cardano was…
Solana’s BONK Crashes 50% In 24 Hours, Is It Time To Get Out?
Solana-based BONK has been all the craze since the start of the new year. The meme coin had risen from obscurity to the largest meme coin on the Solana ecosystem in less than two weeks, recording massive gains for investors during this time…
Marathon Digital experiments with overclocking to increase competitive advantage
According to the company, it produced 475 BTC in December 2022, bringing its total mined Bitcoins in the fiscal year of 2022 to 4,144 BTC.
Binance joins association to address compliance with global sanctions
The crypto exchange has come under scrutiny from policymakers amid multilateral sanctions on Russia and U.S. sanctions on Iran.
Crypto companies aim to build trust within future products and services
Companies are taking new approaches to building trust within Web3 and crypto products.
Bitcoin yo-yos on US macro data amid call for BTC price to retest $17K
A hint of BTC price volatility accompanies non-farm payrolls and unemployment figures, with the U.S. dollar dropping to favor Bitcoin bulls.
The Good, The Bad And The Ugly From 2022, Bitcoin’s Year Of The Bear
For Bitcoin, 2022 was a year of lessons, frustrations, vindications, progress and, in some cases, regress. What should we take with us for 2023?This is an opinion editorial by Aleks Svetski, author of “The UnCommunist Manifesto,” founder of The…
Why Bitcoin Will Come Out Ahead In A Recession, Top Analyst Claims
Bitcoin keeps moving with no clear direction in the first week of 2023. Following a rejection from a critical resistance zone, the cryptocurrency returned to its range and could be gearing up for a re-test of support. In the meantime, altcoins are…
Balancer warns some LPs to remove liquidity ASAP because of a 'related issue'
The team did not disclose what the issue is, but stated that it "cannot be mitigated by the emergency DAO."
What To Expect As Bitcoin Pictures Bullish Divergence On Chart?
The Bitcoin price has been making a slight recovery on its chart. Although the coin has been consolidating over the past few weeks, BTC has been attempting to make an upward movement. Over the last 24 hours, the coin has registered a 0.6%…
Dogecoin Price Falls, Is It A Wise Idea To Short?
The Dogecoin price has remained motionless over the past several weeks. In recent times, due to constant lateral trading, DOGE lost the $0.072 support line. Over the past 24 hours, the coin has dipped nearly 3% on its chart. The meme coin has only…
Bitcoin Bearish Signal: Large Dormant Supply On The Move
On-chain data shows a large amount of old Bitcoin supply has moved in the last few days, something that could be bearish for the crypto’s price. Bitcoin Supply Older Than 2 Years Showed Movement In The Past Week As pointed out by an analyst…
BUSD Sees $5 Billion Reduction in Supply in 24 Days, Relationship With Turkish Lira Continues
According to statistics, the stablecoin BUSD saw a significant drop in its supply over the past 30 days, shedding roughly 23.8% from Dec. 5, 2022, to Jan. 6, 2023. Since Dec. 13, 2022, BUSD’s supply has been reduced by more than $5 billion…
Fidelity downsizes value of its Twitter holdings
Fidelity has downsized the value of its investment in Twitter by more than half its initial stake in Elon Musk’s takeover of the social media platform.
XRP Price Primed For Future Rally Following Ripple’s MENA Expansion
The XRP price has rather underperformed within the last two years. While XRP has fallen 90.04% from the all-time high of $3.40 on January 6, 2018, Bitcoin (-75.76%) and Ethereum (-74.52%) show considerably smaller losses. One of the main reasons…
Singapore’s lobbyists oppose proposed blanket ban on lending crypto tokens
The feedback was given in response to a proposed ban by the Monetary Authority of Singapore published back in October.
Cathie Wood’s ARK enters 2023 with $5.7M Coinbase stock purchase
Cathie Wood’s ARK Invest doesn’t give up on its buy-the-dip purchases, purchasing another $5.7 million worth of Coinbase shares.
Bitcoin, Ethereum Technical Analysis: ETH Lower, as Markets Await Nonfarm Payrolls Report
Mt. Gox Payout Deadline Postponed Again, Next Bitcoin Price Dump In 2023?
One concern for Bitcoin investors has taken a back seat in recent weeks and months amid macroeconomic headwinds and crypto-intrinsic contagion effects: the release of recovered BTC from Mt Gox. Originally, users of what was once the largest Bitcoin…
NFT Steez and Lukso co-founder examine the implications of digital self-sovereignty in Web3
NFT Steez chats with Lukso co-founder Marjorie Hernandez about how Universal Profiles onboards and empowers users with digital self-sovereignty
Hard Lessons In Bitcoin Case Law Show We Must Remain Vigilant
Two similar legal disputes around alleged bitcoin scams show that, while Bitcoin may be incorruptible, human beings are not.This is an opinion editorial by Phil Snyder, an educator teaching blockchain, Bitcoin and all things media at the University…
Industry seeks solutions for NFT image-hosting disasters
NFT project executive Alex Altgausen said that if NFT projects are trying to disrupt traditional industries, they should explore storage technologies available in Web3.
US With Highest Number of Closed Bitcoin ATMs in Negative Growth Year
The number of ATMs supporting digital currencies has fallen around the world over the course of a turbulent year for the whole industry. According to a new report, the United States has lost more machines offering crypto teller services than any…