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Read More »DA Alvin Bragg Targets Crypto Firm Coin Dispute Network
Coin Dispute Network – a company that claims to help customers retrieve their lost or stolen crypto – is currently under investigation by the Manhattan District Attorney’s office run by the allegedly corrupt Alvin Bragg. Bragg and Coin Dispute Network Are in a War Bragg has said the company is “fraudulent,” and he’s attempting to seize the domain name. The gist of Coin Dispute Network is that customers must pay a fee to get the company involved, which then begins...
Read More »$150 Million in Liquidations as BTC Dumps to Monthly Lows
With bitcoin sliding further below the $30,000 line, the value of liquidated positions has increased to almost $150 million on a daily scale. As expected, most were from long positions, with the largest one taking place on OKX. It was less than two weeks ago when the primary cryptocurrency was riding high following Ripple’s partial court victory against the SEC. BTC, along with the rest of the market, soared to new multi-year peaks. However, the market failed to maintain its...
Read More »Bank of America Highlights Uncertainty in Ripple vs SEC Ruling
CoinspeakerBank of America Highlights Uncertainty in Ripple vs SEC Ruling The recent court ruling in the Ripple Labs and SEC case has prompted Bank of America to reiterate its differentiation between the trading of blockchain-native crypto tokens and tokenized traditional assets. Bank of America Highlights Uncertainty in Ripple vs SEC Ruling
Read More »Stellar Lumen (XLM) Price Remains Supported For Fresh Rally Above $0.18
Stellar lumen price started a downside correction from the $0.180 zone against the US Dollar. XLM price is now trading above $0.1450 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.160 on the 4-hour chart (data feed via Kraken). The pair could start another increase if it clears the $0.160 and $0.1675 resistance levels. Stellar lumen price is trading above $0.150 against the US Dollar, similar to...
Read More »Ripple Price Analysis: Bulls Protect Uptrend Support, Aims Fresh Rally
Ripple price started a downside correction below the $0.820 zone against the US dollar. The price is now trading below $0.80 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.738 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.750 resistance. Ripple price is consolidating near $0.720 against the US Dollar, similar to Bitcoin. XRP price...
Read More »Indonesia’s New Crypto Asset Exchange Will List Binance’s Tokocrpto
The Indonesian government has unveiled the country’s crypto bourse and clearing house to increase monitoring of the cryptocurrency sector and also improve investor protection in the country. The launch of the new crypto asset exchange comes after an initial announcement in 2021. National Crypto Exchange Finally Launches Indonesia’s crypto bourse, which began operations earlier in the week according to the country’s Commodity Futures Trading Regulatory Agency (Bappebti), comes...
Read More »US SEC Starts Reviewing Several Spot Bitcoin ETF, Including BlackRock’s (Report)
The United States Securities and Exchange Commission (SEC) has reportedly put six spot Bitcoin exchange-traded fund (ETF) applications under review, marking the first step before officially approving or rejecting them. Finance giants, including BlackRock and Fidelity Digital Assets, have recently displayed ambitions to launch such ETFs, infusing enthusiasm in the crypto space and positively affecting the market. Waiting for the Next Step As reported by Reuters, the US...
Read More »Charges Laid Out Against Two Men in Mt. Gox Case
Has justice arrived in the Mt. Gox case? Perhaps that’s the scenario as after nearly ten years, two Russian men have been charged with conspiring to steal more than 600,000 bitcoin units. Is the Mt. Gox Case Coming to an End? The federal government has laid charges out against Alexey Bilyuchenko and Aleksandr Verner. They’re accused of conspiring to launder as much as 647,000 BTC funds stolen from the exchange. At the time of the theft, these units would have been...
Read More »Cathie Wood on the Coinbase-SEC Lawsuit and BTC’s Price
Ark Investment Management founder and CEO Cathie Wood – a longtime bitcoin bull – has thrown herself into the Coinbase mess involving the Securities and Exchange Commission (SEC) and is defending the exchange. She also believes bitcoin could jump into $600K territory within the next seven years. Cathie Wood on Where Bitcoin Will Go Wood mentioned she thinks the SEC is going about the situation all wrong. All the agency wants to do is persecute when the rules are...
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