Coinbase Sought to Buy FTX Europe for Its Derivatives Business, Report
Leading U.S. crypto exchange Coinbase pursued the acquisition of failed coin trading competitor FTX’s European subsidiary, a media report revealed. The move has been seen as proof of the growing importance of derivatives for the American…
FTX's former external legal team disputes involvement in fraud allegations
In a recent court filing, a United States law firm that had previously offered services to FTX challenged allegations of assisting Sam Bankman-Fried in his alleged unlawful activities.
Robert Kiyosaki Advises Buying Bitcoin Today — Foresees a Rush to Buy BTC as Stocks, Bonds, and Real Estate Crash
Rich Dad Poor Dad author Robert Kiyosaki has advised investors to buy bitcoin today before stock, bond, and real estate markets crash and people rush to buy BTC alongside gold and silver. The famous author has predicted that bitcoin’s price…
Coinbase secures AML registration from the Bank of Spain
The Anti-Money Laundering (AML) registration will allow cryptocurrency exchange Coinbase to offer its services to both retail and institutional investors within Spain.
Skybridge Founder: Every Wall Street Firm Will Sell Bitcoin ETF to Clients — ‘Next 10 to 20 Years Are Remarkably Bullish’
Skybridge Capital founder Anthony Scaramucci has explained why he is still bullish on bitcoin. Emphasizing that every Wall Street firm is going to have a bitcoin exchange-traded fund (ETF) in their arsenal that they will sell to their clients, he…
Clock Ticks Slower for Justin Sun and Rainberry: Court Grants Extension Amid SEC Allegations
In the lawsuit pitched by the U.S. Securities and Exchange Commission (SEC) against Tron’s brainchild, Justin Sun, and his enterprise Rainberry, a judicial nod has been granted for an extended timeline for the defense. Sun now has until…
Bitwise Withdraws Application, A Big Blow To Ethereum ETFs?
In a recent development, asset manager Bitwise has withdrawn its application to transform its existing Bitcoin futures ETF (Bitwise Bitcoin Strategy Optimum Roll ETF) to one that invests in both Bitcoin and Ethereum futures contracts. This has…
A Lehman Opportunity — Distressed-Debt Titans Eye Huge Returns in FTX Claims Market
Prominent distressed-debt moguls are diving into the FTX bankruptcy claims arena, seizing debts at bargain prices with aspirations of lofty profits. This year, Silver Point Capital, Diameter Capital Partners, and Attestor Capital have acquired over…
Arkham Identifies Coinbase’s $25B in BTC; Rivals Nakamoto’s Legacy Coins
On September 22, 2023, Arkham Intelligence unveiled that it has identified addresses tied to a staggering $25 billion from Coinbase’s bitcoin (BTC) holdings. This cache represents the most substantial BTC reserve on Arkham. The firm points…
XRP Forecast: Is A Retreat Below $0.5 Likely Before October?
XRP has maintained its position within the confines of a symmetrical triangle pattern, with today’s modest surge doing little to alter its trajectory. This symmetrical triangle pattern has exerted significant influence over XRP’s price…
Bitcoin Blockchain Is Fighting Fraud In Guatemala’s Presidential Elections
Bitcoin is helping secure the truthfulness of Guatemala’s election results.Thanks to OpenTimestamps, a tool created by bitcoin developer Peter Todd a few years ago, Guatemalan tech startup Simple Proof is able to safeguard key documents about the…
Why This Bank CEO Wants 99% Of The Crypto Industry Gone
In a bold and contentious statement, Caitlin Long has asserted that 99% of the crypto industry should be eliminated to decrease leverage buildup and improve the industry’s future advancement. Industry Overhaul Demanded For Sustainability Caitlin…
Liquid-Staking Token-Backed Stablecoin MKUSD Surges 27,000% in Under a Month
Since the start of 2023, the size of the stablecoin economy has decreased amid numerous redemptions. However, new stablecoin asset projects, such as Aave’s GHO, First Digital’s FDUSD, and Paypal’s PYUSD, have emerged. On…
New Bitcoin Prediction: Analyst Backs BTC To Reach $34,500 In 2024
Bitcoin (BTC) has experienced little price movement this week and is up by only 0.25% in seven days, according to data from CoinMarketCap. Following the announcement on Wednesday that federal interest rates will remain at their current level, the…
Biggest Movers: SHIB Extends Gains, LINK Hits 5-Week High on Saturday
Shiba inu was a notable mover to start the weekend, as the meme coin rose for a second consecutive session. The surge comes despite the global crypto market cap mostly consolidating today. Chainlink also raced higher, hitting a five-week high…
Why October Is An Important Month For The Crypto Industry As Key SEC Decisions Loom
As October approaches, the crypto community will have their eyes set on the US Securities and Exchange Commission (SEC), as it has some key decisions to make that could invariably affect the crypto industry and everyone in it. SEC Appeal Incoming?…
Ethereum Network Fees Hit 2023 Low: What It Could Mean For ETH Price
In recent weeks, Ethereum (ETH), one of the most valuable assets in the cryptocurrency market, has not enjoyed favorable sentiment due to its struggling price and unstable on-chain performance. The general market condition has not offered much…
Bitcoin, Ethereum Technical Analysis: BTC Establishes a New Support Point on Saturday
Bitcoin started the weekend in consolidation, as traders seemingly found a new price floor at $26,500. The price uncertainty comes as markets settled following a volatile week, which was headlined by the Federal Reserve rate decision. Ethereum…
Block.one’s Settlement Offered a ‘Tiny Fraction’ of the $4.1 Billion Raised — EOS Network Foundation CEO
According to Yves La Rose, the founder and CEO of the EOS Network Foundation (ENF), the blockchain software company Block.one’s failure to financially back the EOS ecosystem after the 2018 initial coin offering (ICO) is one of the many…
Client Demand and ‘Negative Events’ Pushing Tradfi Institutions Towards Crypto — Bitrue Chief Strategy Officer
Growing client demand for cryptocurrencies and the belief that they represent a new asset class help to explain traditional financial institutions’ newfound interest in digital assets, the chief strategy officer at Bitrue has said. The…
Polkadot Cross-Chain Bid Takes Flight As DOT Battles Uncertainty
Polkadot (DOT) is making strategic moves to propel its development forward as bearish market conditions continue to cast a shadow over the crypto landscape. In recent weeks, the network has shifted its focus away from speculation, opting instead to…
Study: Sub-Saharan Africa’s Bitcoin Transaction Volume Number One Globally, Data Indicates Shift Towards Stablecoins
Despite accounting for just 2.3% of global transaction volume, the latest data shows that crypto has penetrated key markets in Sub-Saharan Africa and “become an important part of many residents’ day-to-day lives.” With a…
Nifty News: Murakami to step back from NFTs, Dan Harmon's NFT Show debut and more...
Takashi Murakami said he might step back from NFTs but stay involved in different ways, Krapoplis is set to debut on FOX this month and an NFT artist won a multi-million dollar contract dispute.
Hungarian Authorities Seize Crypto Worth $1M in Tax Fraud Case
Hungarian authorities have seized cryptocurrency worth over $1 million from a criminal organization in a value-added tax (VAT) fraud case. The authorities raided 28 locations, arrested three suspects, and seized various assets tied to the group…
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