SEC files objection to Binance.US’s plans to acquire Voyager Digital

The United States Securities and Exchange Commission (SEC) has filed a “limited objection” to crypto exchange Binance.US’s proposed $1 billion takeover of bankrupt crypto lender Voyager Digital, citing a lack of “necessary information.” The limited objection was filed on Jan. 4, with the SEC pointing to a lack of detail regarding Binance.US’s ability to fund the acquisition, what Binance.US’s operations would look like following the deal, and how customer assets will be secured during and after the transaction. A limited objection is similar to a normal objection but only applies…

Bitcoin Price Jumps To $17K and Prints Bullish Continuation Signal

Bitcoin price climbed higher above the $16,800 resistance. BTC could rise further if it clears the $17,000 and $17,050 levels. Bitcoin is slowly moving higher above the $16,800 and $16,850 resistance levels. The price is trading above $16,700 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $16,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could rise steadily if there is a close above the $17,000 resistance. Bitcoin Price Climbs Higher Bitcoin price remained…

Bahamas Regulator Disputes FTX’s Claim About Value of Seized Cryptocurrencies – Regulation Bitcoin News

The Securities Commission of the Bahamas has disputed FTX’s claim that the value of the cryptocurrencies it seized from the bankrupt crypto exchange was not $3.5 billion. The new FTX chief’s “continued lack of diligence when making public statements concerning the Commission is disappointing,” the Bahamian regulator stressed. Bahamas Regulator and FTX Disagree on the Value of Seized Crypto Assets The Securities Commission of the Bahamas issued a statement Monday to “correct material misstatements” made by the new FTX CEO, John J. Ray III, regarding the value of the cryptocurrencies…

Web3 Builders Lose Dozens of High-Value NFTs in Back-to-Back Attacks

It appears that two wallets drained Gopalani’s collection, making off with 19 CloneX NFTs, 18 RTKFT Space Pods, 17 Loot Pods, 11 CryptoKicks and 19 RTFKT Animus Eggs. Not all of the NFTs have been sold, and it is difficult to estimate the exact value of each NFT, though the collection is likely worth upwards of $140,000, based on the current floor prices of each collection. Source

US Federal Regulators Warn About Crypto Activities

The crypto space received more regulatory attention through the end of 2022. The collapse of one of the largest global digital asset exchanges brought massive losses to the industry. This event spurred several watchdogs to express concerns and issue warning on cryptocurrency engagement. Some US Federal regulators have recently commented on crypto activities’ risks. The watchdogs include the Federal Reserve, Federal Deposit Insurance Corp, and the Office of the Comptroller of the Currency (OFOC). According to the report on Tuesday, January 3, 2023, some officials of the three regulatory agencies…

Bitcoin Whales are in Accumulation Mode – Blockchain News, Opinion, TV and Jobs

By Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK).  Despite the bearish price action we have seen over the past year, Glassnode data indicates that Bitcoin whales have continued to accumulate. According to Glassnode, Bitcoin whale addresses (number of Bitcoin addresses above 10,000 Bitcoin) has risen sharply this year, as shown below. This means there is a significantly larger portion of Bitcoin whales now compared to the start of the year, as whales have decided to accumulate more Bitcoin whilst It is discounted. MicroStrategy is one Bitcoin…