Gary Gensler finds new audience for his crypto skepticism: The US Army
The U.S. Securities and Exchange Commission chair called crypto "the Wild West" and urged troops not to “get caught up in the FOMO.”
Posts published on January 11, 2023 go to media archive 1/3
Judge slams senators' letter against FTX lawyers as 'inappropriate'
Bankruptcy judge John Dorsey called the bipartisan letter “inappropriate," and that he won't take it into account in his decision for an independent examiner.
Uphold exchange denies owing millions to failed crypto lender Cred
Cred sued Uphold in June 2022 over a jointly promoted crypto yield product called CredEarn.
Dogecoin Price Prints Bullish Pattern, Why Close Above $0.08 Is Critical
Dogecoin formed a base near $0.066 and started a fresh increase against the US Dollar. DOGE could rise further if there is a close above the $0.080 resistance. DOGE gained pace and traded above the $0.075 resistance against the US dollar. The price…
Despite SEC Objection, Court Greenlights Billion-Dollar Asset Purchase Deal Between Binance US and Voyager
The asset purchase agreement between Binance US and bankrupt crypto lender Voyager Digital has reportedly received initial court approval despite objections from various regulators, including the U.S. Securities and Exchange Commission (SEC). Court…
Ethereum Price Climbs 5% To Take Out Hurdles, Is Bottom Really In?
Ethereum climbed higher above the $1,350 resistance zone against the US Dollar. ETH tested the $1,420 zone and is currently consolidating gains. Ethereum started a steady increase above the $1,320 and $1,350 resistance levels. The price is now…
Avalanche Impresses With 32% Rally – Will AVAX Sustain This Ascent?
The crypto rally that greeted the new year has definitely brought gains to the world of altcoins. According to CoinMarketCap data, most huge gains were made by altcoins in the past 30 days. AVAX, native token of the Avalanche blockchain, is one of…
Bitcoin Price Surges Past $18K and Now The Bulls Could Aim $19K
Bitcoin price extended its increase and surged above $18,000. BTC is gaining pace and might rise towards the $19,000 resistance zone. Bitcoin extended its rise above the $17,500 and $18,000 resistance levels. The price is trading above $18,000 and…
The Fed Will Keep Focusing on Crypto — Fed Governor Says ‘We Do Not Want to Hinder Innovation’
FTX customers are safe from being doxxed, for now
The decision comes after a Jan. 8 filing by FTX’s lawyers, who argued that public disclosure could create an undue risk of identity theft or unlawful injury to FTX creditors.
El Salvador passes landmark crypto bill, paving way for Bitcoin-backed bonds
The “Digital Asset Issuance” legislation will also create a regulatory body, and establish a legal framework for all digital assets.
Bitcoin surges above $18K to cap 8-day winning streak
The last time Bitcoin saw such a long streak of green candles was July 2021, during the height of the pandemic.
JPMorgan CEO Jamie Dimon on US Economy: ‘I Shouldn’t Ever Use the Word Hurricane’
From Bernie Madoff to Bankman-Fried: Bitcoin maximalists have been validated
The parallels between Sam Bankman-Fried and Bernie Madoff are ample. On the bright side, both men highlighted the fact that Bitcoin maximalists are immune to Ponzi schemes.
Ooki DAO misses lawsuit response deadline, default judgment on the cards
The commodities regulator has begun the process of getting a court ruling on the Ooki DAO case after the latter failed to respond to the lawsuit by the deadline.
XRP Tops List Of Gainers As Whale Interest Spikes
XRP has been on the front lines of crypto news for the past couple of weeks as Ripple’s lawsuit with the Securities and Exchange Commission (SEC) heats up. The increased attention has translated to more market movement, and whales are looking to…
Brazilian Cryptocurrency Law Likely to Be Reviewed by Lula’s Government
Miami-Dade gains right to remove FTX name from Heat arena
County officials negotiated with the crypto exchange in 2021 to name Miami Heat's arena FTX Arena until 2040, for $135 million.
Ava Labs Partners With Amazon Web Services to Accelerate Blockchain Adoption, AVAX Jumps 16%
Ava Labs, the team behind the layer one (L1) smart contract platform network Avalanche, has partnered with Amazon Web Services (AWS), according to an announcement made on Jan. 11, 2023. Founder and CEO of Ava Labs, Emin Gün Sirer, said the…
Ava Labs partners with AWS to offer one-click node deployment
Other new features include a subnet deployment service and GovCloud integration for compliance-friendly Dapps
Silvergate hit with another class-action suit, this time for securities law violations
According to allegations, the company and its executives knowingly misled investors with positive statements despite accusations involving money laundering and tanking share prices.
Price analysis 1/11: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI
Bitcoin and altcoins are extending their rally and traders are hopeful that the gains will push higher after this week’s consumer price index data is released.
Bitcoin miner Northern Data says production increased by 315% Y/Y in 2022
According to Northern Data AG, it generated a total of 2,798 BTC in the fiscal year 2022.
Game of Thrones NFTs Sell Out Quickly, But Draw Criticism for ‘Poorly Drawn’ Characters
El Salvador’s Legislature Approves Landmark Digital Securities Bill Paving Way For Bitcoin Bonds
The country’s legislative body has completed the next step towards the issuance of El Salvador’s bitcoin bonds.El Salvador has voted to pass a bill which paves the way for the issuing of President Nayib Bukele’s bitcoin bonds. The plan, which was…
China's central bank includes digital yuan in report on currency circulation
The 13.61 billion e-CNY represented roughly 0.13% of the 10.47 trillion yuan in circulation at the end of 2022.
Avalanche Partners With Amazon, What’s Next For The Price?
Avalanche and its dApp ecosystem shall now be supported by Amazon Web Services (AWS), which also comprises one-click node deployment through the AWS marketplace. With this partnership with AWS, Ava Labs can help customers deploy custom offerings…
Touch and smell comes to the metaverse, Nifty Newsletter, Jan 4–10
A cybersecurity firm warned users of a fake Pokemon NFT game that spreads malware and targets gamers.
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Vital Levels To Keep Eye On As Cardano Price Begins To Retreat
The Cardano price has rallied significantly over the past week and secured more than a 24% gain. Over the last 24 hours, the coin slipped 2%, indicating that it could not sustain its weekly gains. Following a significant price increase, the…