Bitcoin traders ‘under pressure’ after deepest correction since 2022 erases profits
83% of short-term Bitcoin traders saw losses after BTC price recorded its deepest drawdown since 2022.
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BitMEX pleads guilty to Bank Secrecy Act violation
BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed pleaded guilty to similar criminal charges in 2022 and received probation.
Federal Reserve Fines Citigroup $60.6 Million for Ongoing Risk Management Deficiencies
The U.S. Federal Reserve has imposed a $60.6 million fine on Citigroup for continued failures in its risk management and data quality practices. The enforcement action follows Citigroup’s insufficient progress in addressing deficiencies…
Chainlink Traders Capitulate After 10% Plunge: Bottom Here?
On-chain data shows that Chainlink investors have been realizing significant losses recently, a sign that the price plunge has put fear into their minds. Chainlink FUD Could Lead Towards Bottom Formation According to data from the on-chain…
Bitwise CIO Predicts Bitcoin Surge to $100,000 Despite Current Price Dip
Bitcoin could reach $100,000 by the end of the year, according to Bitwise’s Chief Investment Officer Matt Hougan. Despite bitcoin currently trading under $60,000 at $57,800, Hougan sees significant potential for long-term investors. Market…
More Samourai Devices Seized: Bitcoin Privacy Activist Appears In Court Ahead of Bail Release
Today marked the first public court hearing in the US Department of Justice’s (DoJ) case against Samourai Wallet developers William Lonergan Hill and Keonne Rodriguez since May 28, 2024, when Rodriguez appeared in court for the first hearing on the…
As DOE Preps for Take Two of Controversial Crypto Mining Survey, Industry Weighs in
After the U.S. Department of Energy’s (DOE) first attempt to survey crypto mining companies about their energy usage was kneecapped by a lawsuit, the department is getting ready to try again – but this time, it’s seeking input from crypto industry
Intuit lays off 10% of staff to focus on AI
About 1,800 people were laid off, but the company plans on hiring about the same number of replacements.
Ethereum price data points to impending rally above $3.4K
Three key Ethereum price metrics suggest ETH is primed for a rally above $3,400.
Crypto payment service Payeer hit with record $10M fine in Lithuania
Payeer was fined approximately $10 million after it allegedly allowed transfers to sanctioned banks.
Bitcoin Price Decline on Germany, Mt. Gox and Miner Sell Pressure May Be Overblown: NYDIG
Recent blockchain movements sparked "irrational" fears, offering a buying opportunity for investors, NYDIG's Greg Cipolaro said.
Satoshi Protocol Secures $2 Million Seed Funding to Build Universal Stablecoin for Bitcoin
Ethereum Whale Sparks Sell-Off Rumors With 11,215 ETH Coinbase Deposit
An Ethereum whale has caused panic among community members following a recent transaction suggesting they might be looking to offload their holdings. This comes amid a recent prediction by research firm Matrixport that Ethereum’s price could…
US lawmakers meet with crypto advocates in DC roundtable
Anita Dunn, a senior adviser to Joe Biden, attended the roundtable in her personal capacity amid reports the US president was considering changing his position on crypto.
Cryptoquant Report: Bitcoin Whales Buy Aggressively as Price Hits 4-Month Low
Bitcoin’s recent price dip to a four-month low has triggered significant losses for new and large investors. This development, combined with mixed market signals, suggests the leading crypto asset is at a critical juncture, according to the…
Bragging Rights Are Key to Retaining Web3 Gamers
Gaming is a social endeavor, so winning means cooperating with your friends in quests or beating the player on the other screen, and telling the world about your achievements, says Allen Ng, Co-Founder of OpenSocial Protocol.
Fed Chair Powell Reveals No Contact With Biden in 2 Years Amid Economic Challenges
Amid swirling speculation in Washington D.C. about whether President Joe Biden will seek reelection in 2024 and questions about who really governs the nation, Fed Chair Jerome Powell disclosed that he hasn’t spoken with the U.S. President for…
EIA Bitcoin Mining Data Collection Webinar: A Summary of the Discussions
Today’s webinar hosted by the Energy Information Administration laid out their plans for future efforts on data collection surveys targeted at Bitcoin mining operations based in the United States after an agreement was reached the 1st of March this…
3AC wallet buys NFT with 3-year-old offer, zkSync denies insider minting claims: Nifty Newsletter
A wallet owned by the bankrupt hedge fund Three Arrows Capital purchased an NFT via a three-year-old offer.
Ethereum Rising, 2 Million Addresses Will Be In Money If $3,200 Is Broken
Ethereum, mirroring the performance of Bitcoin and other top altcoins, is back above $3,000, days after the fall below $2,800. As the second most valuable coin recovers, injecting optimism among crashed token holders and traders, a close above…
Tech Coalition Urges Biden to Lead on Cryptocurrency Regulation
In a recent letter to U.S. President Joe Biden, the Chamber of Progress, a tech industry coalition, called for comprehensive cryptocurrency regulation. The group emphasized the importance of a clear regulatory framework for digital assets…
Bitcoin price faces major ‘summer of 2021’ style correction despite BTC whale buying
Bitcoin whales have become accumulators again, but analysts say BTC is still at risk of another sharp correction.
Block and Core Scientific Partner to Help Decentralize Bitcoin Mining with New ASIC Chips
Today, Block, Inc. (NYSE: SQ) and Core Scientific (Nasdaq: CORZ) have announced a new partnership focused on further decentralizing mining hardware. This collaboration introduces Block's advanced 3 nanometer (3nm) mining ASICs, created by their…
Goldman Sachs to launch 3 new tokenization products this year – report
The products could include an RWA marketplace and will focus on the United States and Europe.
The Protocol: Side-Dealing Accusations Put Crypto VC Funding in Spotlight
In this week's blockchain tech newsletter, we're highlighting the firm Polychain's accusation against a former general partner over an alleged ethics breach, along with Ethereum co-founder Vitalik Buterin's speech in Brussels and Bitcoin's Saxony…
Polymarket Odds of Biden Dropping Out Spike to 61% After Pelosi Urges 2024 Decision
Price analysis 7/10: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin’s recovery faces selling near $60,000, indicating that bears remain active at higher price levels.
Floki Inu To Build Schools In India, FLOKI Price Seen Hitting $17
Shiba Inu-inspired meme currency Floki Inu (FLOKI) is tailing back into crypto prominence. Rising price, creative ideas, and a charitable inclination are driving FLOKI’s comeback in popularity following a fairly quiet time. But you should be…
Inside Lugano’s crypto revolution — A documentary
Bitcoin journalist Joe Hall tests Lugano, Switzerland, to see if it truly merits the title of the world’s most crypto-friendly town.
Animoca Brands reports 72% increase in bookings for Q1 2024 over Q1 2023
The bulk of the $90 million reported came from “digital asset advisory.”