Category: Crypto
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Bitcoin Breaks $85,000: Trump’s Pro-Crypto Victory Fuels Bullish Momentum and Potential Six-Figure Rally
Bitcoin has shattered records, reaching an all-time high of $85,000, positioning itself just 17.6% away from the coveted $100,000 mark. This new milestone, achieved on November 10, underscores the significant…
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FTX Estate Sues Binance for $1.8 Billion, Alleging Fraudulent Transfers and Market Manipulation
In its latest legal maneuver, the FTX bankruptcy estate has filed a lawsuit against cryptocurrency exchange Binance, targeting the recovery of $1.8 billion. The complaint, filed on November 10, accuses…
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Cardano’s Price Bounces Back Amid Trump-Hoskinson Rumors, Eyes 100% Gains by 2025
Cardano (ADA), one of the worst-performing cryptocurrencies of 2024, is making a surprising comeback after shedding over 40% of its value by October. The token, which struggled through much of…
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Will Bitcoin Reach $1 Million Under a Trump Administration?
Bitcoin, the world’s first and most well-known cryptocurrency, has captivated the financial world since its launch in 2009. Originally a niche investment, Bitcoin’s decentralized, peer-to-peer nature and its potential as…
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Bitcoin Soars to $80K After Trump’s Reelection: New Inflation-Adjusted All-Time High
Bitcoin’s performance this year has outpaced many traditional assets, including gold and the S&P 500, cementing its status as a robust alternative investment. Driven by strong demand for Bitcoin-backed U.S….
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Market Trends Weekly: Tokenization, Tyson, and Trillions in Crypto Trading Volumes
Welcome to this week’s market wrap-up, where we’re diving into the latest buzz in FX, finance, and crypto. This edition highlights the hot trend of tokenization in the FX market,…
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Polymarket CEO Refutes New York Times, Calls Prediction Platform a “Non-Partisan” Market Alternative
**Polymarket CEO Refutes New York Times, Calls Prediction Platform a “Non-Partisan” Market Alternative** Shayne Coplan, CEO of the decentralized prediction platform Polymarket, recently responded to a New York Times article…
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U.S. investigating Tether over links to money laundering and sanctions violations
**U.S. investigating Tether over potential links to money laundering and sanctions violations** U.S. investigators are reportedly examining Tether, the issuer of the world’s largest stablecoin USDT, for potential violations of…
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Binance taps into Telegram’s massive user base, Interactive Brokers fined $475,000
In FX markets this week, Andreas Andreou co-founded the new proprietary trading firm, thePropTrade, while Santander introduced its digital bank Openbank to the U.S., aiming to boost vehicle loans and…
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Coinbase Seeks Interlocutory Appeal in SEC Lawsuit Following Ripple Case Developments
In the latest twist in the legal battle between Coinbase and the U.S. Securities and Exchange Commission (SEC), the cryptocurrency exchange has requested that the presiding judge approve its interlocutory…
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Bitcoin’s October Performance Faces Uncertainty Amid Macroeconomic Events
Bitcoin (BTC) may not be living up to the optimistic expectations typically associated with “Uptober,” but it could be too early to predict the cryptocurrency’s path for the remainder of…
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Coinbase to Delist Non-Compliant Stablecoins in EEA Amid EU Crypto Regulations
Coinbase (COIN.O), the largest U.S. cryptocurrency exchange, announced on Friday that it will delist certain stablecoins from its European Economic Area (EEA) offerings by the end of 2024. The decision…
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California Man Ordered to Pay $36 Million for Cryptocurrency and Forex Fraud
William Koo Ichioka, 30, has been ordered to pay $36 million in fines and restitution after being found guilty of defrauding investors in a cryptocurrency and forex scheme, according to…
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BingX to resume withdrawals for major assets following hack
**BingX to resume withdrawals for major assets following hack** SINGAPORE (Reuters) – Cryptocurrency exchange BingX has announced that it will resume withdrawal services for select digital assets starting Sept. 21,…
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Bitcoin drops to lowest level since August as crypto markets plunge
Cryptocurrency prices fell sharply on Thursday afternoon during U.S. trading hours, with bitcoin dropping nearly 3% to $57,700, its lowest level since the early August market panic. Other major cryptocurrencies…
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Coinbase Launches Lightning Network Support for Faster, Cheaper Bitcoin Transactions
Coinbase has announced the integration of the Lightning Network into its platform, significantly improving the speed and cost of Bitcoin transactions for its users. Previously, transactions could take between 10…
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Former Binance CEO Changpeng Zhao Sentenced to Four Months in Federal Prison
Moments after the announcement that former Binance CEO Changpeng Zhao, commonly known as CZ, would serve four months in federal prison for anti-money laundering violations, significant reactions surfaced. According to…
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Uniswap Streamlines Onboarding: Robinhood Connect Allows Direct Crypto Buying
Uniswap, a prominent decentralized exchange (DEX), has enhanced its mobile app offerings by integrating Robinhood Connect, allowing users to purchase cryptocurrencies directly using funds from their Robinhood accounts. This integration,…
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Terraform Labs Proposes $1 Million Fine After $5.3 Billion SEC Penalty for Fraud
In a recent legal development, lawyers representing Terraform Labs and its co-founder, Do Kwon, have argued that a $1 million fine would be more suitable, contrasting sharply with the $5.3…
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MicroStrategy Reports Q1 Loss Due to Bitcoin Impairment Charge Amidst Market Fluctuations
MicroStrategy Incorporated (MSTR) disclosed a net operating loss of $53.1 million, or $3.09 per share, for the first quarter, primarily driven by a significant digital asset impairment charge of $191.6…
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Revolut Faces Potential Legal Action Over Blocked Secondary Share Sale on Crowdfunding Platform Republic
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FXGT.com Unveils New Trading Platforms for Enhanced Mobile and Desktop Experience
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Bitcoin Breaks $85,000: Trump’s Pro-Crypto Victory Fuels Bullish Momentum and Potential Six-Figure Rally
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FTX Estate Sues Binance for $1.8 Billion, Alleging Fraudulent Transfers and Market Manipulation
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Cardano’s Price Bounces Back Amid Trump-Hoskinson Rumors, Eyes 100% Gains by 2025