Bitcoin price failed to clear the USD 48,000 resistance zone and traded below USD 45,000. It is currently (04:29 UTC) down 5% and trading near USD 44,700. Similarly, most major altcoins are gaining bearish momentum. ETH is down 4% and there was a move below the USD 3,250 support. XRP is struggling to stay…
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Do Kwon told Laura Shin on her Unchained podcast that he is betting on the long-term growth of BTC price and isn’t worried about short-term volatility. Terraform Labs CEO Do Kwon has conceded that a crash in the price of Bitcoin (BTC) would be “negative” for the stability of the TerraUSD (UST) stablecoin but that…
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The judge ruled domestic law doesn’t apply to Binance as it is not an exchange domestic to the United States and that the case was filed “too late.” A federal judge has dismissed a class action complaint asserting Binance violated United States securities laws by not registering as a broker-dealer or exchange and sold crypto…
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Koinly is a leading a cryptocurrency tax calculator and portfolio tracker for traders, investors and accountants. There are many features that make it stand out from the competition, and this article will present five key reasons why Koinly is actually the best crypto tax software in the world today. These include a wide range of…
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Major crypto exchange Binance won a battle in court on Thursday. A federal judge in the USA dismissed a lawsuit accusing the exchange giant of violating US securities laws by selling unregistered tokens and failing to register as an exchange or broker-dealer, Reuters reported. The judge said that the investors sued the exchange too…
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“We don‘t support NFTs in this household. Tragic end for a great auto battler,” wrote one unhappy anti-NFT gamer. Indignant gamers have review bombed Storybook Brawl on Steam over fears of potential nonfungible token (NFT) and blockchain integrations following crypto exchange FTX’s acquisition of its developers Good Luck Games. Storybook Brawl is a free-to-play auto-battle…
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Financial sanctions imposed on Russia over its invasion of Ukraine may result in reduced dominance of the U.S. currency, according to a high-ranking official at the International Monetary Fund (IMF). The confrontation could lead to fragmentation of the world’s current monetary system, the top representative warned. New Currency Blocs May Emerge Amid Mounting Restrictions on…
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More long-dead BTC moved this week than at any time since just before the $20,000 all-time high in December 2017. Bitcoin (BTC) dived $3,000 into the morning of April 1 as a widely-predicted pullback seemed to accompany fresh moves by major investors. As revealed by the Whale Shadows indicator, over 11,000 BTC suddenly left its…
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Boston-based Circle Internet Financial has announced the company has selected BNY Mellon to custody the firm’s usd coin (USDC) reserves. The company’s dollar-pegged crypto asset is currently the second-largest stablecoin with a current market capitalization of $51.6 billion. BNY Mellon to Become USDC’s Primary Custodian Circle has chosen America’s oldest investment bank to custody the…
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Authorities in Japan are planning to introduce tougher new rules for crypto operators as part of efforts to prevent Russia from using cryptocurrencies to evade sanctions. The legislative initiative comes after Tokyo asked digital asset exchanges to strengthen transactions monitoring this month. Government of Japan to Close Loopholes for Russians in Crypto Space Amid concerns…
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