In a settlement with US authorities, BIT Mining agreed to pay $10 million in penalties related to bribery allegations involving Japanese government officials to secure a resort license. The company, which operates in the Bitcoin mining sector, admitted to violating the Foreign Corrupt Practices Act (FCPA) by conspiring to pay bribes and falsifying records. As […]
The organization that operates the social media platform Truth Social has applied to trademark the name “TruthFi” in anticipation of creating a digital currency payment service. Trump Media and Technology Group (TMTG) is primarily owned by U.S. President-elect Donald Trump, who promised to support crypto adoption during his presidential campaign. Trump Media to Expand Business […]
Bitcoin’s price was still up by 9% compared to its valuation a week ago. But that’s a far cry from its green 17% weekly candle on Nov. 10, just five days after the US elections. The election of a crypto-friendly cabal of Republican politicians with war chests full of blockchain money gave the market a […]
The US-based spot Bitcoin ETFs enjoyed a highly positive week, with every trading day ending with net inflows of millions and even billions of dollars. In stark contrast, the Ethereum counterparties ended the same five-day trading period deep in red territory. Over $3B Enter BTC ETFs Weekly It has been nothing short of a spectacular […]
Ripple’s recent price action underscores significant bullish momentum as buyers continue to dominate the market. Despite a potential brief consolidation phase, XRP is steadily approaching another coveted milestone of $2, with the prospect of achieving tapping that target by the year’s end growing. XRP Analysis By Shayan The Weekly Chart The weekly chart reveals Ripple’s […]
The U.S. Securities and Exchange Commission (SEC) has confirmed the distribution of over $4.6 million to investors impacted by the unregistered initial coin offering (ICO) of blockchain startup BitClave. The funds will be paid out from the BitClave Fair Fund following a notice and claims process. BitClave’s $29 Million ICO Settlement “The checks are in […]
Bitcoin tried and tried to break into a six-digit price territory but was stopped just inches below $100,000 and has been pushed south by around a grand. Its dominance over the alts has slumped in the past day, as many, such as DOGE, ADA, AVAX, and DOT, have charted double-digit surges. BTC Fails at $100K […]
After the recent consolidation, Cardano resumed its recent bull run in the past 12-24 hours with another double-digit surge that pushed it to over $1 for the first time in over two years. In the process, its market cap has soared to almost $40 billion, according to CoinGecko, making ADA the eighth-largest cryptocurrency by that […]
Ripple’s native token has been among the best performers in the crypto market in the past few days, surging by over 60% since last Saturday. Despite retracing below $1.6, it reached that level for the first time since May of 2021. Here are some of the possible reasons behind this impressive increase. XRPUSD. Source: TradingView […]
All eyes in the crypto community were on bitcoin last night as the asset was expected to finally hit the coveted milestone of $100,000. Although it came just $250 away on most exchanges, BTC failed to do so and has retraced by around a grand. However, Dogecoin has emerged to catch the attention now, with […]