Iris Energy will triple its crypto mining capacity with 44,000 ASIC machines. (Read More)
Paxos Trust Company Disagrees With U.S. Securities
Paxos, a stablecoin issuer, received an SEC Wells notice earlier this month and “categorically denies” that BUSD is a securities. (Read More)
Binance, Circle, and Paxos Receive Regulatory Scrut
Stablecoin issuer Circle supplied the NYDFS blockchain evidence claiming Binance’s reserves were inadequate to sustain its currency. (Read More)
Bakkt to Shift Focus to B2B Technology Solutions
Bakkt said it would continue to provide crypto and loyalty experiences via SaaS and API solutions on a secure platform. (Read More)
Blender is relaunched as Sinbad
Elliptic, a crypto risk management organization, hypothesized that Blender renamed to Sinbad to “earn confidence from users” and escape fines. (Read More)
Bitcoin spikes to $22,330 after dip on worse than expected CPI data
The release of January’s Consumer Price Index (CPI) data showed inflation at 6.4% year-on-year (YoY). This came in worse than the estimated 6.2% figure. Bitcoin initially sunk 1.4% on the news and was trading just short of $21,640. However, approximately an hour after the announcement, bulls took control, spiking the price as high as $22,330. […]
Binance Coin’s [BNB] breakdown beneath $300 means traders can prepare for…
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The H4 market structure of BNB was flipped to bearish and $320 retested as support. The $305 mark could be the next level to monitor. The uncertainty around Binance USD [BUSD] continued after Paxos, […]
Cryptocurrencies That Are Bringing Real-World Innovations: Dogetti, Polkadot, and Tezos
Cryptocurrency is a rapidly growing market, and 2023 is set to be a big year. With so many coins to choose from, it can be hard to know where to start. But, don’t worry, we’ve researched for you. In this article, we’ll introduce you to three coins that we believe are the best investment opportunities […]
SEC and CFTC Lawsuits Against Former FTX CEO Paused Until Criminal Proceedings Conclude
Two civil lawsuits, stemming from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), against former FTX CEO Sam Bankman-Fried will be paused until his criminal proceedings are complete. US Attorney Requests Pause on SEC and CFTC Lawsuits to Prevent ‘Judicial Overlap’ According to the latest decision by a New […]
SHIB Burn Rate Sinks as Shiba Inu Price Continues to Stay in Red
Amount of burned Shiba Inu tokens has shown sharp drop