Month: January 2023

Bitcoin Price Resumes Increase as Crypto Bulls Aim More Upsides

Bitcoin price extended its increase and traded towards $17,500. BTC is consolidating gains and might aim a move towards the $18,000 resistance. Bitcoin extended its rise above the $17,200 and $17,250 resistance levels. The price is trading above $17,200 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $17,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move up towards the $18,000 resistance zone. Bitcoin Price Gains Momentum Bitcoin price settled above…

DCG crisis likely won’t ‘include a lot of selling’ — Novogratz

boss

Galaxy Digital Holdings CEO Mike Novogratz hosed down fears over the crisis facing Digital Currency Group (DCG) and Genesis saying while it’s “not good news,” it won’t “include a lot of selling.” In a Jan. 10 interview on CNBC’s Squawk Box Novogratz said he expects the current debacle facing DCG and its related companies to “play out” over the next quarter. “The outlook for #crypto is not horrible but it’s not great. We’ve got regulatory headwinds we didn’t have before. People are going to cut costs and survive this transition…

สหรัฐฯ รวบตัวอดีตผู้จัดการ Coinbase ฐานมีเอี่ยวใช้ข้อมูลวงในเทรดคริปโต | THE STANDARD WEALTH

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io อัยการในแมนฮัตตัน สหรัฐฯ เดินหน้าฟ้องร้องดำเนินคดีกับอดีตผู้จัดการฝ่ายผลิตภัณฑ์ของ Coinbase Global Inc. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

US Arrests ‘Mutant Ape Planet’ NFT Creator in $3M ‘Rug Pull’ Scheme to Defraud Crypto Investors – Regulation Bitcoin News

boss

The U.S. government has arrested and charged the creator of “Mutant Ape Planet” non-fungible tokens (NFTs) for allegedly defrauding crypto investors. “The purchasers were ‘rug pulled,’” the Department of Justice (DOJ) described, adding that millions of dollars in cryptocurrency were diverted for the NFT creator’s personal benefits. DOJ Takes Action Against NFT Rug Pull Scheme The U.S. Department of Justice (DOJ) announced Thursday that Aurelien Michel has been charged with “defrauding purchasers of ‘Mutant Ape Planet’ NFTs, a type of digital asset, of more than $2.9 million in cryptocurrency.” The…

Behind the Scenes on Indonesia’s New Official Crypto Exchange

Crypto exchange Coinbase has said it is planning to reduce its headcount by around 950 employees as part of a restructuring which it expects to be complete by the end of Q2 2023. Pacific Street Managing Director Gareth Rhodes weighed in on the lingering crypto winter jitters. Meanwhile, bitcoin (BTC) is holding steady above $17,000. IDX Digital Assets CIO Ben McMillan shared his crypto markets analysis. And, Blockchain Foundation Executive Director Cleve Mesidor discussed the future of crypto regulation. Source BitcoinCryptocryptoexchangeExchangeExchangesIndonesiasOfficialScenes CryptoX Portal

Initial approval given for Voyager and Binance.US deal amid national security probe

boss

Bankrupt crypto lender Voyager Digital received initial court approval for its proposal to sell its assets to Binance.US for $1.02 billion amid a national security probe Voyager is seeking to speed up. On Jan. 10, United States Bankruptcy Judge Michael Wiles allowed Voyager to enter into the asset purchase agreement and seek creditor approval, but the sale will not become final until a future court hearing, according to a Jan. 11 Reuters report. It comes as Voyager wants to expedite a review of its proposal to sell assets to Binance.US…

Polkadot (DOT) Ecosystem Grew Massively In Q4 2022, What To Expect Next?

Polkadot provides interoperability among several blockchains for users while maintaining high scalability and speed in processing transactions. Also known as a multichain network, Polkadot supports many parachains, enabling developers to build their blockchains seamlessly. Several blockchain projects exist in the decentralized finance (DeFi) sector. These platforms usually emerge with different products and services related to cryptocurrency and blockchain technology. Subsequently, users became intrigued with the full potential packed in the DeFi space. However, there was the challenge of how a user could access more than one blockchain and DeFi application…

Tron’s USDD Stablecoin Experiences Fluctuations Again, Drops Below $1 Parity in Early 2023 – Bitcoin News

boss

The Tron-based stablecoin USDD fell below $1 parity again during the first week of 2023 and on Jan. 10. Four days ago, the stablecoin dropped to $0.972 per unit and on Tuesday, Jan. 10, 2023, USDD slipped to $0.977 per unit. At the time of writing, the Tron-issued stablecoin is trading at 98 cents per coin. USDD Stablecoin Dips Down to 97 Cents per Token There have been some slight fluctuations in USDD’s price at the start of the new year, as the stablecoin has dipped to the 97-cent range…