EY (Ernst & Young) has published details of the alarming state of the bankrupt Canadian crypto exchange QuadrigaCX’s finances may be even worse than first thought – a fact that could leave scores of customers out of pocket. EY has been appointed as the trustee of Quadriga by the Canadian legal system, and has been…
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Following the news that the US Department of Justice (DoJ) has forfeited USD 1 billion worth of bitcoin (BTC), market players are now discussing possible scenarios what could happen next. Per the DoJ, the bitcoin was seized by law enforcement on November 3, following an investigation that included tracking down crypto transactions. "The seizure represents…
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Bitcoin bulls gained strength after there was a clear break above the USD 15,000 resistance. As a result, BTC gained over 10% and it surged above USD 15,500. The price traded to a new multi-month high close to USD 15,950 and it is currently (06:00 UTC) correcting gains below USD 15,750. After consolidating in a…
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The Venezuelan government has doubled down on its pro-crypto stance by launching a crypto exchange – with support for Caracas’ petro (PTR) token as well as bitcoin (BTC), litecoin (LTC) and dash (DASH) pairings with the fiat bolivar. In an official announcement from the National Superintendency of Crypto Assets and Related Activities (Sunacrip), the Venezuelan…
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A Borussia Dortmund player. Source: a screenshot, Instagram/bvb09 Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Coinbase said it is hiring more staff in Japan, in another hint that it could be set to launch a Tokyo-based trading platform…
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It took around a day for the most popular cryptocurrency, bitcoin (BTC), to jump from USD 14,000 to above USD 15,000 for the first time since January 2018. At pixel time (16:03 UTC), BTC trades at USD 15,042 and is up by 8% in a day and 12% in a week. BTC rallied by 40%…
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As American voters face a nervous wait to see if Democratic candidate Joe Biden can edge out President Donald Trump in the recent United States election, it appears that some big crypto community players may be watching the vote counts with more trepidation than others – with Bakkt’s parent and FTX standing on the opposite…
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After surpassing USD 14,000 yesterday, bitcoin (BTC) jumped above USD 14,800 today, reaching another almost three-year high, while analysts expect even a stronger rally. At pixel time (12:50 PM UTC), BTC trades at USD 14,871 and is up by almost 8% in a day and 13.5% in a week. The most popular cryptocurrency is also…
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Russia’s parliament, the State Duma, will debate a new draft law that would force Russians to declare “electronic” asset earnings and holdings on overseas-based platforms – in a move that could potentially impact crypto traders. Although the draft bill does not make specific mention of crypto (or fiat), instead favoring vague language about “electronic” Read…
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There was a steady rise in bitcoin price above the USD 13,800 and USD 14,000 resistance levels. BTC even broke the USD 14,200 resistance and traded to almost a three-year high. It is currently (06:00 UTC) consolidating gains and trading well above the USD 14,000 support level. Also, there are positive signs emerging for most…
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