What volatility? Bitcoin price dismisses FOMC, Mt. Gox with $26.7K dip
Bitcoin traders get none of the volatility they hoped for, and BTC price slowly drifts back to intraday lows.
Posts published on September 21, 2023 go to media archive 4/4
Report: Bhutan Commences Plan to Develop 600-Megawatt Bitcoin Mining Farm
The Himalayan Kingdom of Bhutan along with its partner Bitdeer Technologies Group has reportedly kickstarted plans to develop a 600-megawatt crypto mining farm. Bitcoin mining in the kingdom is expected to “equip citizens to participate in…
Here’s How FTX Founder Sam Bankman-Fried’s Trial May Play Out
FTX founder and onetime CEO Sam Bankman-Fried will stand trial in just under two weeks to defend himself against allegations he deliberately committed fraud and conspired to defraud crypto investors and customers in FTX and Alameda Research…
Mt. Gox Bitcoin repayment: The day that never comes
Over the last decade, Mt. Gox has repeatedly postponed plans to reimburse the funds that the crypto exchange had barred its users from withdrawing since Feb. 25, 2014.
Tether 2023 stablecoin loans rise despite size-down announcement in 2022
Tether said the new loans were made on request of some of their long-standing partners and they plan to cut it down to zero by 2024.
Terra Classic Forecast: Anticipating A 25% Price Surge With Bullish Patterns
Terra Luna Classic (LUNC) has been on the radar of crypto enthusiasts and investors, but its recent price performance has left many scratching their heads. Since mid-August, the altcoin has been caught in a pronounced downtrend, drawing the…
Bitcoin Bulls Missing in Action After Mt. Gox Delays BTC Repayments
Rumors of Mt. Gox mulling a delay have been doing the rounds and likely catalyzed the recent bitcoin price bounce.
NFTs are ‘totally worthless’ says mainstream media, community responds
A community member highlighted the drastic shift in mainstream media narrative, sharing a previous article promoting the BAYC NFT collection.
Crypto payment firm Alchemy Pay wins money transmitter license in US
Alchemy Pay has joined the ranks of crypto firms like Coinbase and Jack Dorsey’s Block in securing a Money Transmitter License in Arkansas.
Crypto Analyst Predicts More Trouble Ahead For Bitcoin Price, Here’s Why
Crypto analyst Nicholas Merten has given an insight into the future trajectory of the Bitcoin price, suggesting that the flagship cryptocurrency may experience turbulent times ahead. The Calm Before The Storm For Bitcoin In a recent episode of his…
South Koreans Report Over $98 Billion in Overseas Crypto Assets
South Korean tax payers have declared some 131 trillion won (more than $98 billion) of crypto holdings in overseas accounts this year. The amount was announced by the country’s tax agency and it comes after the authorities in Seoul imposed a…
Busan is developing an Ethereum-compatible mainnet to become a ‘blockchain city’
The city administration behind the project aims to make Busan a blockchain city and has launched a $75-million development plan to realize the goal.
US Anti-CBDC bill moves a step closer to passing
The “CBDC Anti-Surveillance State Act,” aimed at preventing the Federal Reserve from issuing a central bank digital currency, has passed the House Financial Services Committee.
X Announces Upcoming Payment Integration: Dogecoin On The List?
Bitcoin’s 87% Drop in 2021 Was Caused by Sam Bankman-Fried's Alameda, Ex-Employee Claims
An ex-Alameda employee claims a trader at the firm punched in a wrong decimal which led to bitcoin's 87% drop on Binance.US in 2021.
Polygon (MATIC) Comeback Challenges – What’s Holding It Back?
Polygon (MATIC) enthusiasts remain undeterred as they continue to push the price of the digital asset higher despite a prevailing bearish market structure, While the higher timeframe structure paints a bearish picture, buyers have been steadily…
DraftKings' Billionaire-Backed Crypto Analytics Firm CoinScan Raises $6.3M
The company is backed by Shalom Meckenzie, the largest individual shareholder in sports betting company DraftKings.
Optimism Foundation Sells $157M OP Tokens, Citing 'Treasury Management'
The foundation behind layer 2 blockchain Optimism has sold 116 million OP tokens ($157 million) to seven separate purchasers, according to an announcement on the Optimism governance website.
Hong Kong Regulator Says Crypto Firms Claiming to Be Banks Are in Contravention of Banking Ordinance
Phishing victim sends eye-watering $4.5M in USDT to scammer
On-chain data shows the $4.5 million was first transferred from the Kraken crypto exchange before eventually arriving at an address purportedly owned by a scammer.
Optimism to sell $160M in OP tokens to 7 purchasers via private sale
The Optimism network has revealed that it will sell 116 million OP tokens in a series of planned sales.