Bitcoin Makes a Comeback, Reaches $31,000 Again After briefly dropping to just over $30,000, bitcoin has rebounded and surged towards the coveted $31,000 mark once more. While most larger-cap altcoins are slightly down, SOL and BCH have neared significant milestones. Bitcoin Faces SEC…
Crypto Exchange Bittrex Accused of Violating Florida Laws The Florida Office of Financial Regulation (OFR) has accused crypto exchange Bittrex Inc. of violating multiple state laws. The regulator advised the company on exploring settlement avenues before the platform filed for bankruptcy. The OFR’s…
Defunct Crypto Companies Face Financial Challenges in Repaying Creditors Multiple defunct crypto companies are facing complex financial ties as they try to repay creditors and customers. BlockFi, a crypto lender, has proposed a plan that has been criticized by FTX, Three Arrows Capital,…
Uncovering Ripple’s Approach to Managing XRP Tokens A recently discovered video clip from 2017 featuring Ripple’s Chief Technology Officer, David Schwartz, provides new insights into how Ripple manages its vast cache of escrowed XRP tokens. In his speech at CoinDesk’s Consensus event, Schwartz…
Investigators Conclude Celsius and Former CEO Broke US Laws – The United States Commodity Futures Trading Commission (CFTC) has determined that Celsius and its former CEO, Alex Mashinsky, violated multiple US laws. – If a majority of CFTC commissioners agree with the conclusion,…
Barking with community-driven enthusiasm and bone-rattling potential, dog-themed coins have become popular in the cryptocurrency world. These tokens, inspired by the Doge meme, have captivated investors and enthusiasts alike. While Dogecoin leads the pack, other dog-themed coins have also emerged as strong contenders…
Israel Considers Capital Gains Tax Exemption for Foreign Residents Foreign residents of Israel may soon be exempt from capital gains taxes on the sale of digital currencies, according to a bill that recently passed its preliminary reading in the country’s parliament. Sponsored by…
Bitcoin Options Demand Surges Professional traders are flocking back to Bitcoin funds as leading asset managers apply for exchange-traded funds. This has resulted in a significant increase in open interest (OI) for Bitcoin options contracts, reaching $13.8 billion according to Glassnode. The surge…
The BlackRock CEO’s Changing View on Bitcoin and Crypto Larry Fink, the CEO of BlackRock, who previously criticized bitcoin, now has a different perspective on the cryptocurrency. He is hoping to make bitcoin more accessible and affordable for investors. While not disclosing details…