Grayscale Is Suing SEC After Spot Bitcoin ETF Rejection

The SEC blocked Grayscale's latest application, saying it did not do enough to prevent possible fraud.

NFT Giant OpenSea Shares 5 Safety Recommendations as Users' Emails Leaked

Source: AdobeStock / JorgeEduardo Major NFT marketplace OpenSea warned their users that their emails have most likely been leaked and reminded them of 5 recommendations on how to protect yourself from email phishing attempts. “We recently learned that an ...

Bitcoin and Ethereum at Make-or-Break Levels, DOGE Outperforms

Bitcoin price Ethereum price ADA, BNB, SOL, DOGE, and XRP price Other altcoins market today Find the best price to buy/sell cryptocurrency: Bitcoin price remains at a risk of a sharp decline to USD 18,800. Ethereum is trading below ...

Major Bitcoin ETF Legal Battle Begins as Grayscale Sues SEC

Source: iStock/Pgiam One of the biggest bitcoin (BTC) and crypto investment companies, US-based Grayscale Investments, sued US Securities and Exchange Commission (SEC) after it rejected its application to convert the Grayscale Bitcoin Trust (GBTC), the world’s largest BTC fund, ...

E-commerce Giant Ebay Files Trademark Applications Covering Wide Range of Metaverse, NFT Services

E-commerce giant Ebay has filed two trademark applications covering a wide range of products and services relating to the metaverse and non-fungible tokens (NFTs). Ebay’s NFT, Metaverse Trademark Applications Ebay Inc. (Nasdaq: EBAY) filed two trademark applications with the ...

Bitcoin Dips Below $20,000 Once Again

It's been a cruel summer for crypto markets, with BTC fluttering around its peak price in 2017.

Vibe Check: What Was NFT NYC Like Amid a Bear Market?

The crypto market tumbled downward for weeks leading into NFT NYC, but the line to pick up passes on the convention's first day still stretched hundreds of yards around the block. As its doors opened, the New York Mariott Marquis ...

Warren Buffett-Backed Nubank Now Offers Crypto Trading to 54 Million Customers

Warren Buffett-backed Nubank, one of the world’s largest digital banking platforms, is now offering cryptocurrency trading to all of its 54 million customers. Nubank also holds bitcoin on its balance sheet. Nubank’s Crypto Service Now Available to All Customers ...

Ethereum Keeps Sliding Down, Will The Support Line of $1,100 Break?

Ethereum Price Analysis: One Day Chart Technical Analysis Ethereum continued on a bearish path as the coin has now found support level at $1,100. Over the last two days the coin surged and touched the $1,200 mark but shortly ...

North Korean Attackers Behind $100M Harmony Hack: Report

Analysis suggests the hack is the work of the Lazarus Group, the Pyongyang-backed group behind a similar $622 million hack of Axie Infinity.

Ethereum Is Business-ready, Says Foundation-linked Body, but ‘Caveats’ Remain

Source: Adobe/sorapop The authors of a new report claim that Ethereum (ETH) is “ready” for use in the world of business – albeit with “some caveats.” The report was compiled by the Ethereum Enterprise Alliance (EEA) – a business-focused affiliate ...

Despite the Bear Market, a Salvadoran Wants to Build a USD 200M Power Plant to Mine Bitcoin

Source: AdobeStock / Leocomic A wealthy expat Salvadoran is set to fund a USD 200m solar-powered Bitcoin (BTC) mining facility – and appears to have the backing of the government. Per ElSalvador.com, the website of the newspaper El Diario ...

Microstrategy Buys More Bitcoin After SEC Says BTC Is a Commodity — Company Now Hodls 129,699 Bitcoins

Microstrategy has purchased more bitcoin amid a heavy market sell-off. The announcement followed a clarification by the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, stating that bitcoin is a commodity. Microstrategy Buys the Dip The ...

EU Finalizes Crypto Anti-Money Laundering Rules, Walks Back Tracking of Private Wallets

The new rules will require service providers, such as crypto exchanges, to store identifying information for wallets making transactions of any size.

Ethereum NFT Trading Volume Falls By 70% in June—But Number of Sales Steady

There’s less money in NFTs, but the pace of sales hasn't changed much.

Nansen Analysis Examines How Terra Collapse Affected Celsius and Three Arrows Capital

The company looked at on-chain flows of stETH, Ethererum staked with the platform Lido to accrue daily rewards.

Bitcoin Records Worst Performance For June, Will It Get Better From Here?

Bitcoin Performance Staggers Altcoins Suffer In Tandem Bitcoin performance for the month of June has been nothing short of unremarkable so far. Being a market leader, the other cryptocurrencies in the market have mirrored its movements for the month, ...

Bitcoin Miner Compass Denies Allegations of Unpaid Power Bills to Dynamics

Dynamics Mining took to social media on Sunday with claims that Compass Mining owed hundreds of thousands of dollars.

Coinbase Adds Solana Staking Rewards—With Higher Return Than Ethereum

Coinbase users can now earn passive yield as high as 3.85% by holding their SOL in the Solana network through their Coinbase accounts.

Uzbekistan Presents Registration Requirements for Cryptocurrency Miners

Authorities in Uzbekistan have drafted and put forward for public consultations a set of rules for crypto miners operating in the country. Companies that want to mint digital currencies will have to register with the government and use renewable ...

Bitcoin ‘Optimist’ Alex Adelman Calls NFTs ‘Perfect Intersection of Culture and Technology’

The Lolli CEO told Decrypt that Bitcoin “should have captured” the NFT uprising—but there’s still time.

Tracking Whales, What This Bitcoin Divergence Could Hint About BTC’s Price

Bitcoin is trending downside on lower timeframes and seems to hint at future losses. The number one crypto by market cap records a 3% loss in the past week, but there is a potential sign of hope for the ...

Circle Partners With New York Community Bancorp — Bank to Custody USDC Reserves

Circle Partners With New York Community Bancorp Circle Wants to Improve Financial Inclusion — Blackrock and BNY Mellon Also Handle USDC’s Reserve Management and Custodial Services Circle Internet Financial has revealed a usd coin custody partnership with the American ...

Report: A British Virgin Islands Court Order Liquidates Crypto Firm Three Arrows Capital

According to a recent report from Sky News citing a source familiar with the matter, “cryptocurrency insiders” have said that the troubled crypto hedge fund Three Arrows Capital (3AC) has been formally liquidated by a British Virgin Islands (BVI) ...

LBank Exchange Will List Delio (DSP) on June 30, 2022

press release PRESS RELEASE. INTERNET CITY, DUBAI, Jun. 29, 2022 – LBank Exchange, a global digital asset trading platform, will list Delio (DSP) on June 30, 2022. For all users of LBank Exchange, the DSP/USDT trading pair will be ...

We Now Understand How Little We Understand About Inflation – Fed’s Powell

Christine Lagarde, President of the European Central Bank, and USD Federal Reserve Chairman Jerome Powell. Source: ECB,  Sérgio Garcia | Your Image. The current high levels of inflation in both the US and Europe have given central bankers an ...

MicroStrategy Puts Another $10M in Bitcoin—Despite Price Crashing Below $20K

MicroStrategy has so far lost money on its Bitcoin bet, but that isn’t stopping the company from buying more of the cryptocurrency.

Polkadot Unveils Governance V2 to Become More Decentralized and Censorship-Resistant

Source: AdobeStock / akif Blockchain protocol Polkadot (DOT) has announced changes to its governance mechanism in a bid to become more decentralized and censorship-resistant. Dubbed Gov2, the new governance system aims to migrate the responsibilities of the Council, an elected ...

Biggest Movers: AVAX, SOL Slip by 14% on Wednesday, as Prices Near 1-Week Low

Solana (SOL) Avalanche (AVAX) SOL was down by as much as 14% on Wednesday, as prices fell close to a one-week low earlier today. In addition to this, AVAX saw a similar decline, as the token dropped for a ...

FTX Denies It's Buying Robinhood, MakerDAO's USD 500M Vote, Dfinity Sues New York Times + More News

Investments news Legal news Regulation news Mining news Career news Source: AdobeStock / Koshiro Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Investments news ...

Why Ethereum Could Trade At $500 If These Conditions Are Met

Ethereum has returned to the red as it was rejected as a major area of resistance. The cryptocurrency is bleeding out and records the second-worst performance in the crypto top 10 by market capitalization with a 10% loss in ...

Inheritance: A Serious Subject Not Many Crypto HODLers Are Paying Attention To

The downside of self-sovereignty? Putting a plan in place Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Without a detailed plan to transfer the private ...

FTX CEO Sam Bankman-Fried Warns More Crypto Company Insolvencies Are Coming

Bankman-Fried’s FTX and Alameda Research Provide Credit Lines to Specific Crypto Firms Bankman-Fried: ‘Some Companies Are Too Far Gone’ or ‘There’s Not Much of a Business Left to Be Saved’ In a recent interview, Sam Bankman-Fried, the founder of ...

Bitcoin, Ethereum Technical Analysis: BTC Falls Below $20,000 as U.S. Consumer Confidence Plunges 

Bitcoin fell below $20,000 during Wednesday’s session, as markets reacted to yesterday’s weaker-than-expected consumer confidence report. The expectation for economic growth also fell to a nine-year low. This resulted in ETH also dropping, with prices hitting a six-day low. ...

MicroStrategy Is Back - Saylor Buys the Dip, Adds 480 Bitcoin for USD 10M

Source: AdobeStock / JorgeEduardo Michael Saylor’s company MicroStrategy has taken advantage of the currently low bitcoin (BTC) price by adding another BTC 480 to its coffers. The bitcoin purchase, worth around USD 10m, was made at an average price ...

Lido Community Signals Intent to Keep Ethereum Staking Uncapped

The Lido community is currently voting against a proposal that would limit how much Ethereum can be staked on the platform.

Crypto Market Struggles as Bitcoin Tests USD 20K, Analysts Warn of Further Downside, 3AC Liquidation Reportedly Ordered

A ‘slow week,’ but more volatility could come Next week to be more “decisive” USD 12,500 to 13,000 “excellent” for buying Source: Adobe/Christophe Fouquin The crypto market saw losses across the board on Wednesday as bitcoin (BTC) once again ...

Bitcoin and Ethereum Move Lower, Altcoins Increase Losses

Bitcoin price Ethereum price ADA, BNB, SOL, DOGE, and XRP price Other altcoins market today Find the best price to buy/sell cryptocurrency: Bitcoin price dived below USD 20,000 before recovering. Ethereum traded below USD 1,150, XRP could extend losses ...

North Korea's $400M Crypto Losses Could Hurt Its Nuclear Weapons Program: Report

North Korea’s ill-gotten crypto gains have plunged in value—which could impact on its nuclear weapons program, according to a new report.

Russian Parliament Adopts Tax Rules for Digital Assets

Russian lawmakers have approved amendments regulating the taxation of transactions with digital assets. The legislation concerns business operations with cryptocurrencies and tokens. In some cases, the burden for Russian companies will be reduced as compared to foreign entities. Russian ...

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