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Galaxy Digital CEO Mike Novogratz is predicting that the decentralized finance (DeFi) sector of the crypto space will ultimately come out on top. In a discussion at the SALT forum in New York, the billionaire says that DeFi is primed to win in the long term due to its robust fundamental features. “I always say DeFi is going to win […] More
Regulators across multiple US states have announced enforcement actions against crypto lender Nexo, with cease-and-desist orders from some over Nexo’s interest-bearing crypto product. On Monday afternoon, at least eight states had variously filed actions against the leading crypto lender. A CNBC report noted that New York, California, Oklahoma, Maryland, Kentucky, South Carolina, Vermont and Washington had all brought actions. New […] More
The U.S. Internal Revenue Service has secured a court order to obtain transaction records of U.S. taxpayers suspected of crypto tax evasion. The order will allow the IRS to issue a so-called “John Doe” summons to New York-based M.Y. Safra Bank to provide transaction records of customers of SFOX, a crypto brokerage that used the bank’s services. Such a summons […] More
Popular crypto analyst Willy Woo says that the price of Bitcoin is being suppressed and manipulated by opponents via the futures market. Woo made his argument in a series of tweets, in which he explained that the futures market for Bitcoin has opened the door for price manipulation. According to Woo, Bitcoin’s hard cap of […]
Gavin Newsom – Governor of California – refused to sign legislation that would have required cryptocurrency firms and individuals in the state to gain a certain license to operate in the area. Instead, he argued that the authorities should impose more flexible rules to “keep up with rapidly evolving technology and use cases” of digital assets. Earlier this year, Governor […] More
Key Takeaways: Ripley states that Kraken does not intend to delist tokens the SEC has labeled as securities.Kraken founder Jesse Powell decided to step down four days back, leaving the post to Ripley. Leading crypto Kraken has no plans to register with the U.S. Securities and Exchange Commission(SEC), said the company’s incoming chief executive officer(CEO) Dave Ripley. He further added […] More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. After attaining its all-time high (ATH) in January this year, Cosmos (ATOM)’s price came under fire as it succumbed to the market-wide selling pressure. In particular, April-June saw an unhindered bear run that pulled the coin toward its 20-month low. […] More
La battaglia legale cruciale tra Ripple e la SEC degli Stati Uniti, che dovrebbe fornire chiarezza sulle normative sulle criptovalute, è entrata nella fase di giudizio sommario. Tuttavia, la comunità XRP sembra abbastanza fiduciosa sulla mozione dell’azienda blockchain nella causa Ripple. Adobe Stock La causa della Sec contro Ripple (XRP) sta tenendo con il fiato sospeso le community di appassionati […] More
More than 18,000 California residents had Nexo interest accounts as of July 31, the California regulator alleges DFPI has issued similar actions against BlockFi, Voyager Digital and Celsius Network California’s Department of Financial Protection and Innovation (DFPI) has filed a desist and refrain action against crypto platform Nexo for allegedly offering interest accounts to the state’s residents without qualifying them […] More
Code-generating systems like DeepMind’s AlphaCode, Amazon’s CodeWhisperer and OpenAI’s Codex, which powers GitHub’s Copilot service, provide a tantalizing look at what’s possible with AI today within the realm of computer programming. But so far, only a handful of such AI systems have been made freely available to the public and open sourced — reflecting the commercial incentives of the companies […] More
New York Attorney General Letitia James’s lawsuit says Nexo is “falsely representing” that it complies with the state’s securities regulations. More
The Samsung Galaxy Xcover6 Pro is one of the more rugged phones on the market with an IP68 dust and water resistance, plus a MIL-STD-810H certified design. And yet its back comes off easily, giving you access to the user replaceable battery. A simple rubber gasket keeps water out of the compartment. Samsung Galaxy Xcover6 Pro: swapping the battery is […] More
In this episode of NewsBTC’s daily technical analysis videos, we examine the recent resilience in Bitcoin compared to traditional assets like gold, oil, and the S&P 500. We also compare BTC to the DXY Dollar Currency Index and past crypto bear market bottoms. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): September 26, 2022 After last Friday’s […] More
A widely followed crypto analyst is predicting an abrupt rally for a trio of digital assets fueled by short sellers. Crypto strategist Michaël van de Poppe shares to his 628,000 Twitter followers a tweet by financial researcher Jason Goepfert. According to Goepfert, retail traders have spent $18 billion on put options and accumulated $46 billion worth of short positions on […] More
Terra Luna Classic (LUNC), the original version of the collapsed cryptocurrency Terra Luna, is smashing upwards on Monday afternoon, with massive gains sending the coin to highs seen early last week. The LUNC/USD pair was trading around $0.00029885 at the time of writing, with intraday highs of $0.00031905 across major exchanges that list the coin. According to CoinGecko data, the […] More
U.S. multinational Walmart launches two strategic initiatives in the Roblox metaverse. Two new initiatives, Walmart Land and Walmart’s Universe of Play, set to launch on Monday, Sep. 26, 2022, will target Roblox’s reported player base of 52 million. See Walmart like never before Walmart Land is our new world on #ROBLOX with fun & games for all. From film to […] More
Controversial crypto entrepreneur Jason Falovitch on Sunday reported that hackers breached his crypto wallet on OpenSea and stole four NFTs and six ETH. The value of the stolen assets is estimated to be in the range of $150,000, media reports said. In a similar incident, earlier this month, famous American actor and comedian Bill Muray became a victim of hackers and lost 119.2 […] More
The Great British pound sterling has fallen to the lowest level ever against the United States dollar. In a flurry of overnight trading activity, the pound reached lows of 1 pound = $1.04. It lost 5% of its value in a spiral. The United Kingdom’s sovereign currency, the pound sterling, is the world’s oldest currency that is still in use […] More
La Reserve Bank of Australia ha pubblicato lunedì il white paper per il progetto pilota (eAUD) della banca centrale sulla valuta digitale (CBDC) in collaborazione con il Digital Finance Cooperative Research Center (DFCRC). È interessante notare che la CBDC pilota è guidato dall’ex dirigente di Ripple Dilip Rao. Nel frattempo, il prezzo di XRP ha visto un enorme aumento mentre […] More
Services that help folks make, share and profit from creative works — Maven to Bounty to Substack to Patreon to Canva — have proliferated and grown in recent years. The rise of creator-focused startups was not an accident; instead, a secular trend of more accessible software for more diverse areas of creative work was met with a COVID-induced economic reshuffling […] More
The American retailer sees potential in virtual spaces, launching worlds for live events and other brands. More
Celsius Network (CEL) and Avalanche (AVAX) are on bearish trends despite pumps that surprised bears. The tokens still bear the brunt of the recent crypto crash. This crypto market slump has erased nearly $1 trillion from the market and left hundreds of thousands of investors holding the bag. But there are still 100x gems to find. Our analysts recommend placing […] More
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