Crypto news

The U.K. Supreme Court has rejected Craig Wright’s request to appeal a decision in his legal dispute with popular Bitcoin podcaster Peter McCormack, as reported by a lawyer on Thursday. The recent development seems to be another setback for the Australian computer scientist. Despite his persistent claims of being Satoshi Nakamoto, he has been unable to provide convincing evidence and has initiated legal actions against those who doubted his assertion. Peter McCormack Wins...

[unable to retrieve full-text content]CoinspeakerOKX Axing Its Mining and Related Services OKX did not elaborate on the reason for this decision but simply said that it was due to business adjustments. OKX Axing Its Mining and Related Services

[unable to retrieve full-text content]CoinspeakerJPMorgan: GBTC Profit-Taking Is Likely Over as Bitcoin Recovers Slightly The JPMorgan analysts highlighted BlackRock and Fidelity Investment’s spot Bitcoin ETFs as emerging competitors to GBTC. JPMorgan: GBTC Profit-Taking Is Likely Over as Bitcoin Recovers Slightly

[unable to retrieve full-text content]CoinspeakerCantor Fitzgerald: Bitcoin Miners to Struggle to Turn Profits Post-Halving The analysts at Cantor Fitzgerald expect two firms – Singapore-based Bitdeer and US-based CleanSpark – to remain profitable post-halving. Cantor Fitzgerald: Bitcoin Miners to Struggle to Turn Profits Post-Halving

[unable to retrieve full-text content]CoinspeakerBitcoin Critic Peter Schiff Predicts $10 Million BTC Price If This Happens Schiff also criticized mainstream media coverage of Bitcoin ETFs, noting that many analysts expressing caution now did not offer such warnings before their launch. Bitcoin Critic Peter Schiff Predicts $10 Million BTC Price If This Happens

[unable to retrieve full-text content]CoinspeakerCanaan Secures $50M in Preferred Shares Sale to Bolster Expansion Efforts Canaan disclosed in the SEC's Form 6-K filing that the new funding round would enhance its research and development capabilities, support innovation in its crypto mining rigs, and expand its production scale. Canaan Secures $50M in Preferred Shares Sale to Bolster Expansion Efforts

[unable to retrieve full-text content]CoinspeakerMatrixport Predicts Bitcoin to Fall to $36,739 amidst ETF Profit-Taking Q1 has been predicted to be challenging for Bitcoin according to Matrixport, with the price expected to dip to around $36,000 and then recover. Matrixport Predicts Bitcoin to Fall to $36,739 amidst ETF Profit-Taking

[unable to retrieve full-text content]CoinspeakerUS Government Plans to Sell $130M Worth of Bitcoins Seized from Silk Road The US government confiscated Bitcoin holdings associated with the Silk Road marketplace in two instances, first in Memphis, Tennessee, on February 10, 2021, and then in Arlington, Virginia, on May 11, 2021. US Government Plans to Sell $130M Worth of Bitcoins Seized from Silk Road

Bitcoin cash price started a fresh decline from the $260 zone against the US Dollar. The price is now trading below the $250 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $238 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $240 resistance zone. Bitcoin cash price is struggling below the $250 zone against the US Dollar,...

Changpeng Zhao, the founder of the crypto exchange Binance, encountered a setback last month when a federal judge denied his request to travel to the United Arab Emirates. CZ proposed using his substantial $4.5 billion stake in Binance as collateral, based on the company’s valuation from its last fundraising round two years ago. However, the Judge still rejected the request. Zhao Requests Travel Permission In November, Zhao pleaded guilty in a Seattle federal court for...