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Crypto
Bitcoin $70K Sell-off Will Recharge Bull Market
Bitcoin’s (BTC) recent price weakness has revived investors’ concerns of a deeper downturn, but several market analysts argue that an extended correction may be more constructive…
Jito Foundation Returns to US After Regultory Sea Change
The Jito Foundation, the nonprofit organization facilitating the development of the Jito platform, said it will return to the United States, citing “clearer rules” for digital…
Coinbase To Launch Stock Trading, Prediction Markets
Coinbase is launching stock trading and prediction markets as the crypto exchange looks beyond digital assets to chase its ambition of creating an “everything app.”Coinbase head of…
Coinbase Gets Nod from Indian Regulators to Acquire CoinDCX Stake
The Competition Commission of India, the regulatory body responsible for promoting fair competition in the country, has approved Coinbase acquiring a minority stake in…
Ex-Alameda CEO Won’t be Spending the Holidays in Federal Prison
Caroline Ellison, the former CEO of Alameda Research who pleaded guilty to charges related to her role in the collapse of cryptocurrency exchange FTX, has been transferred out of…
Is BTC’s Bull Market Finished?
Key takeaways:ETFs, treasuries, and macro tailwinds may snap Bitcoin’s four-year boom-and-bust pattern.A bearish phase should not be ruled out before new all-time highs. Bitcoin…
Binance Considers Multiple Avenues Back to the United States
Binance, the world’s largest cryptocurrency exchange by trading volume, is considering a strategic reshuffling to strengthen its presence in the US market, a move that could see…
FTX-Tied Lawsuit Asks Clients to Weigh in on Potential $10M Settlement
One of the class-action lawsuits filed against the cryptocurrency-friendly Silvergate Bank in California is calling for claimants with ties to FTX or Alameda Research accounts.A…
Kyrgyzstan’s USDKG Shows How Gold-Backed Stablecoins Are Evolving
Key takeawaysKyrgyzstan has launched USDKG, a USD-pegged stablecoin that the project says is backed by physical gold rather than cash and short-term US Treasurys.The token was…
Whipsaw BTC Price Action Puts Shorts on the Chopping Block at $90,000
Bitcoin (BTC) returned to $90,000 after Wednesday’s Wall Street open as traders eyed vulnerable short positions.Key points:Bitcoin erases recent losses with a fresh trip to the…