US 'the only country' crypto startups should avoid, says Ripple CEO
Brad Garlinghouse said Singapore, the U.K., the UAE and Switzerland are jurisdictions with “smart” crypto policies he thinks the U.S. should adopt.
Posts published on September 12, 2023 go to media archive 1/4
BitMEX's Prediction Market Is Now Live
Current prediction market contracts revolve around FTX bankruptcy claim recoveries, the future of bitcoin ETFs, and Sam Bankman-Fried’s jail sentence.
Former Celsius Boss Alex Mashinsky Seeks Dismissal of FTC Lawsuit
Alex Mashinsky, the former CEO of Celsius Network, has filed a motion to dismiss the Federal Trade Commission (FTC) lawsuit against him. In the motion, Mashinsky argues the FTC has failed to allege he violated any laws or rules. His lawyers say the…
Craig Wright's Financial Disclosure Form in $143M Court Case Was Incomplete
A recent court order grants W&K Info Defense civil sanctions against Wright for incomplete financial disclosures, yet stops short of bringing criminal charges against the so-called inventor of Bitcoin.
Tron Price Prediction: TRX Again Outperforms Bitcoin and ETH, $0.10 Possible?
Tron price is showing positive signs above $0.080 against the US Dollar. TRX is outperforming Bitcoin and could start another increase toward $0.10. Tron is moving higher above the $0.0800 pivot level against the US dollar. The price is trading…
Ethereum Price Faces Uphill Task and Could Restart Decline To $1,500
Ethereum price is attempting a recovery wave above $1,580 against the US Dollar. ETH is struggling to clear $1,620 and might start another decline. Ethereum is struggling to gain pace for a move above $1,600 and $1,620. The price is trading below…
Rep. Tom Emmer reintroduces anti-CBDC bill to Congress
The bill would limit the Fed from issuing a CBDC which Tom Emmer called a surveillance tool that would "undermine the American way of life."
Bitcoin’s Path to Money: Menger’s Theory and the Debate on Medium of Exchange vs. Store of Value
Over the past ten years, fervent supporters of digital currency have engaged in intense debates: Is bitcoin (BTC) designed as peer-to-peer electronic cash as illustrated in Satoshi’s groundbreaking white paper, or does it serve as a digital…
Bitcoin Price Signals Another Bearish Formation and Could Revisit $25K
Bitcoin price struggled again near the $26,500 resistance. BTC is forming a double-top pattern and could revisit the $25,000 support zone. Bitcoin recovered above $26,000 but struggled to clear $26,500. The price is trading above $25,800 and the…
XRP Could Gain By 2500% In 2024, Crypto Analyst Says
Prominent cryptocurrency XRP remains among the major talking points in crypto over the last few months. Following Ripple’s partial victory over the US Securities and Exchange Commission (SEC) in July, analysts have continued to weigh in on XRP’s…
50 US Lawmakers Reintroduce ‘CBDC Anti-Surveillance State Act’ to Protect ‘the American Way of Life’
Fifty U.S. lawmakers have reintroduced the CBDC Anti-Surveillance State Act to prohibit the Federal Reserve from issuing a retail central bank digital currency “while protecting innovation and any future development of true digital cash.”…
SBF’s lawyers want to quiz jurors on crypto, altruism and ADHD
U.S. prosecutors, meanwhile, want to ask prospective jurors their beliefs on how cryptocurrency should be regulated.
Decentralized exchanges a magnet for crypto wash traders: Solidus Labs
Token deployers and liquidity providers wash-traded over $2 billion worth of crypto on Ethereum-based DEXs since 2020, a Solidus Labs report claims.
Bitcoin Begins Rally As Franklin Templeton Joins Race For BTC Spot ETF
Bitcoin (BTC) has welcomed another noteworthy decision from the global investment firm Franklin Templeton. With a portfolio spanning various financial instruments, the company is now setting its sights on one of the most sought-after financial…
CoinDesk Indices Expands Into Asia-Pacific Through Deal With Major Exchange Operator ICE
ICE Futures Singapore's bitcoin futures contracts will now be known as CoinDesk Bitcoin Futures contracts.
Binance.US cuts third of staff as CEO Brian Shroder leaves
The staff cut and departure comes amid legal action from United States regulators.
JPMorgan CEO Jamie Dimon Warns of Recession — Says ‘Huge Mistake’ to Think US Economy Will Boom for Years
Bitcoin Sentiment Now Close To Extreme Fear: Why This Matters
Zodia Custody Looks to Drive Institutional Access to Polkadot Ecosystem
The company plans to provide custody for the Polkadot ecosystem, offering digital asset storage services for financial institutions
Institutional Investors Flee Ethereum Amid Plunge Toward $1,500
Institution crypto investors have been pulling out of the market for the better part of this year, especially as the bear market has taken hold. However, Ethereum has suffered way more than other assets in this regard with outflows dragging total…
Sam Bankman-Fried Remains Stuck in Jail
Sam Bankman-Fried lost a bid to be released from jail ahead of his trial next month. All hope isn’t lost for him, but time is running out for the FTX founder.
Bitcoin: $22,600 Or $31,200? Odds Split For Next 90 Days
Bitcoin (BTC), the leading cryptocurrency, has defied expectations of a steep decline to sub-$20,000 levels and has rebounded to the $26,000 mark, registering a 3.5% gain over the past 24 hours. This resurgence in Bitcoin’s price coincides…
Lightspark CEO David Marcus Profiles Bitcoin as Global Payment Network
David Marcus, CEO of Lightspark and co-creator of Diem, Meta’s failed cryptocurrency project, explained his intentions of turning Bitcoin into a global payments network. Marcus explained that there was no universal protocol for sending value…
Can El Salvador Duplicate Singapore's Road To Success?
Few stories in global development are as compelling as that of Singapore, a small city-state that moved "From Third World to First" within just a few decades. The strategic vision of its founding father, Lee Kuan Yew, combined with the country's…
Israel, Hong Kong complete retail CBDC test emphasizing privacy, inclusivity
The Hong Kong Monetary Authority, Bank of Israel and Bank for International Settlements teamed up to address the complex issues of rCBDCs.
Bankman-Fried's request for temporary release denied amid upcoming trial
Lack of internet access and time pressures were insufficient grounds to grant Bankman-Fried's temporary release, according to Judge Kaplan.
Fear of FTX-Spurred Crypto Crash Is Overblown, Analysts Say
Crypto markets slumped Monday, possibly in part due to fears of FTX unloading its $3.4 billion crypto assets.
Tron’s Justin Sun Mulls Over Making A Move On FTX’s Crypto Stash, Here’s Why
In a completely unexpected move, Justin Sun, Founder of Tron and Advisor to Huobi Global has expressed his interest in acquiring FTX’s considerable crypto assets worth billions of dollars. Justin Sun Considers Making A Bid For FTX Crypto Assets…