Tag Archives: AA News

Twitter introduced a new cryptocurrency feature on its platform that allows users to check the current price of bitcoin (BTC) and ether (ETH).  The graphics display the logo of the market tracking site Trading View and a link directing to Robinhood. It remains unknown whether those two were somehow involved with the new feature. Twitter’s Latest Crypto Move Users of the social media platform can now track the USD valuation of the two largest cryptocurrencies by market cap –...

The collapsed cryptocurrency exchange FTX reportedly paid 94% of the $84 million purchase of a majority stake in Blockfolio in FTT tokens.  The coin played a leading role in the platform’s crash last month. CZ said Binance plans to dump its entire FTT stash (23 million tokens worth over $580 million at the time) amid rising worries about the over-exposure of FTX and Alameda towards the former’s native asset. New Data on the Blockfolio Deal According to a recent...

DataDash founder a veteran crypto analyst Nicholas Merten predicts more pain ahead for Bitcoin’s price based on a combination of technical indicators and macroeconomic pressures.  The analyst referenced price charts for three different assets to back up his claim: BTC, ETH, and AAPL.  Where Bitcoin’s Price Will Crumble In a video published on Wednesday, Merten began by pointing out how Bitcoin remains suspended well below its 200-week moving averages (WMA) and 200-day moving...

In the final trial between Bitcoin proponent Peter McCormack and computer scientist Craig Steven Wright (CSW), UK High Court Judge Martin Chamberlain ruled that the former should pay a fine of $1.1 million. According to the court document, McCormack failed to prove that he was telling the truth when he labeled Wright a fraud. However, Judge Chamberlain said that the legal proceedings have not established that Wright is Satoshi. The scientist then contested that McCormack...

FTX founder Sam Bankman-Fried is to be released on bail, as ruled by a New York federal judge on Wednesday. The bail deal, as orchestrated by federal prosecutors and Bankman Fried’s defense attorneys, will see the former billionaire post a $250 million bond and be required to stay at his parents’ home in Palo Alto, California. No Prison for SBF? According to Assistant U.S. Attorney Nicolas Roos, Bankman-Fried was responsible for perpetrating a “fraud of epic proportions.”...

President Jair Bolsonaro of Brazil has approved a bill of crypto industry regulations most recently passed by the nation’s Senate and Chamber of Deputies. The bill, signed into law on Thursday, will take effect in 180 days, by which time crypto companies in the region must adapt to the new rules.  Having passed through Parliament in late November, the bill would make it possible for crypto firms to register in the country and establish physical offices. These include firms...

Scott Minerd – Chief Investment Officer of global investment firm Guggenheim Partners – passed away on the morning of December 22 due to a heart attack.  As announced by Guggenheim on Thursday, Minerd’s “untimely” and “unexpected” heart attack occurred during one of his regular workouts. According to the statement, Minerd joined Guggenheim as a Managing Partner shortly after the company was formed. He was a frequent market commentator on both television and social media.  “I...

Rishi Ramchandani – a former executive at the bankrupt crypto platform BlockFi – became the APAC Web3 Lead of Google. The world’s largest search engine argued earlier this year that Web3 is a market that demonstrates “tremendous potential” and established a dedicated team. Finding Shelter in Google In a recent post on LinkedIn, Ramchandani said he feels “excited” to step into his new role in the multinational technology company. His main goal will be to advance Google’s Web3...

Waves blockchain platform founder, Sasha Ivanov, announced plans to launch a new stablecoin as Waves-backed Neutrino Dollar (USDN) failed to secure its peg. As per the Twitter update, Ivanov vowed that the new stablecoin would be “undepeggable.” The Waves founder also revealed that there will be a “USDN situation resolution plan set in motion before” but provided no details with regard to the timeline. “It’s just it’s time to create a protocol more attuned to the current...

Uniswap has announced a partnership with fintech firm Moonpay to enable users to purchase cryptocurrency on its web app using debit cards, credit cards, and bank transfers. The new service aims to address a deep-rooted issue for decentralized exchange protocols that do not support fiat pairs. However, their centralized counterparts do. As part of the deal, Uniswap has enabled fiat-to-crypto conversions on the Ethereum mainnet, Polygon, Optimism, and Artibrum. The feature will...