Stablecoins not the target in BUSD crackdown: Matrixport head of research
Crypto financial service Matrixport’s head of research believes regulators are not targeting all stablecoins with the regulatory crackdown on BUSD issuer Paxos.
Meta Reportedly Preparing for a New Round of Layoffs
Meta, the company that owns Whatsapp, Instagram, and Facebook, is reportedly preparing to announce a new round of layoffs in the coming days. According to reports, the company is delaying the finalization of the budget for each one of its teams…
Crypto Investors Brace For CPI Report On Valentine’s Day – Will The Figures Be In Their Favor?
Last month’s crypto market rally was caused in part by optimistic investors with positive sentiment in the broader financial market. Crypto isn’t the only market that rallied, stocks experienced a surge as well with major indices showing gains…
Ethereum Price is Dropping, But It’s Too Early to Say Bulls Have Given Up
Ethereum price extended its decline below the $1,520 level against the US Dollar. ETH must clear the $1,540 resistance zone to start a decent increase. Ethereum remained in a bearish zone below $1,550 and $1,540. The price is now trading below…
India Having ‘Detailed Discussions’ With G20 Members on Crypto Regulation
India is having “detailed discussions” with other G20 members about forming a collective standard operating procedure (SOP) to regulate crypto assets, Indian Finance Minister Nirmala Sitharaman has revealed. She also called for “a…
Bitcoin Price Consolidates Below $22K and At Risk of Sharp Decline
Bitcoin price is consolidating below the $22,000 resistance. BTC could decline heavily if there is a daily close below the $21,500 support. Bitcoin is showing a few negative signs below the $22,000 resistance. The price is trading below $22,000 and…
CFTC and SEC cases against SBF deferred until after criminal trial
Damian Williams, the U.S. Attorney for the Southern District of New York, had pushed to defer the civil cases due to a major overlap between the CFTC, SEC and DOJ’s cases.
At Least 1,000 Lawsuits Filed Against Crypto Miners in Russia’s Irkutsk Region
Authorities in the Russian region of Irkutsk have so far filed 1,000 lawsuits against what they call “gray” miners, or people minting coins in their homes. In over half of these cases, courts have ordered the defendants to compensate the operators…
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Hey, #opensource#devs!! Familiar with BIP85 as a #blockchain#identity developer? bip85.com We're looking to do something very cool here at #ReddCoin ($RDD), but need some more expertise. #Volunteers extremely welcome!! Email info@reddcoin.com or…
Iris Energy Boosts Self-Mining Capacity With 4.4 EH/s of New Bitmain Bitcoin Mining Rigs
Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, from 2 exahash per second (EH/s) to approximately 5.5 EH/s, after it receives 4.4 EH/s of new Antminer S19j Pro miners from Bitmain. Iris Energy…
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Digitalnote has so many new features, we can't list them all. #XDN staked directly in the mobile wallet App. Read up on the future of finance. Digitalnote.org $XDN #BTC#ETH#PassiveIncome @rocketbotpro pic.twitter.com/4X5RNNZAbb
Liquity (LQTY) Price Rises Up To 41.9%, What Is Next After This Bullish Move?
According to Coinmarketcap, Liquity (LQTY) has increased its price by 41.91% in the last 24 hours, an exciting incident worth looking at. LQTY is currently trading its price at $0.98 per coin and ranked #269 in the entire crypto ecosystem, with a…
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Heartbreak Or Romance: What’s In Store For Bitcoin On Valentine’s Day?
Bitcoin is trending in the red in synchrony with a calendar date celebrated by millions, San Valentin; the cryptocurrency is showing anything but love to short-term investors. Following an important rally from a low of $16,500, the cryptocurrency…
Circle blew the whistle on Binance reserves to NYDFS: Report
The company's complaint to the New York regulator reportedly came before the SEC's lawsuit against Paxos over BUSD and NYDFS ordering the firm to "cease minting" the stablecoin.
BUSD Redemptions Soar Near $290 Million in 8 Hours After NYDFS Consumer Alert
Before Paxos published a press release at 6 a.m. Eastern time Monday, the stablecoin BUSD had approximately 16.16 billion tokens in circulation. In the past eight hours, nearly $290 million has been redeemed, bringing the number of BUSD in…
Total Crypto Market Triggers Golden Cross, Despite “Deadly” Bitcoin Counterpart
The chart representing the total crypto market cap in aggregate has triggered a golden cross on daily timeframes. While the crossover of two important moving averages is typically a buy signal, Bitcoin, is close to confirming the opposite signal —…
Cardano Price Might Reclaim Bullish Momentum At This Level
The Cardano price has been in a downtrend for the last two weeks. In the previous 24 hours, ADA has lost close to 5% of its market value. The ADA price has dropped by 10% in the last week. With Bitcoin losing its price momentum and falling into the…
Crypto mixer Blender has been rebranded to Sinbad, says Elliptic
Elliptic's analysis of wallets tied to a suspected Blender operator showed $22 million going to Sinbad as well as similar "characteristics of transactions" between the mixers.
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