U.S. diplomats have reportedly called on authorities in Tokyo to increase pressure on Japanese crypto exchanges and miners to sever links to Russia. The request was made to deepen Moscow’s financial isolation amid the ongoing Russian assault on Ukraine. Washington Wants Japan’s Crypto Companies to Cut Ties, Further Isolate Russia The United States has urged Japan to put more pressure on cryptocurrency exchanges and mining companies that continue to work with Russians. The U.S. wants the Japanese entities to end their business relations with Russia, thus adding to its financial…
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Bitcoin: Likely some ‘price memory’ if it falls below $14,000, crypto CEO says
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #bitcoin #bitcoinprice #YahooFinance Swan Bitcoin CEO Cory Klippsten joins Yahoo Finance Live to discuss the outlook on the crypto markets, FTX’s presence in the exchange place, and bitcoin’s pricing. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a…
US Regulator Probes Bankrupt Crypto Lender Voyager Over Claims of FDIC Insurance – Regulation Bitcoin News
The Federal Deposit Insurance Corporation (FDIC) is probing crypto lender Voyager Digital over claims that it is FDIC-insured. The crypto firm previously explained that through its strategic relationships with Metropolitan Commercial Bank, “all customers’ USD held with Voyager is FDIC insured.” Voyager Probed by FDIC The Federal Deposit Insurance Corporation (FDIC) is looking into Voyager Digital Ltd. (TSE: VOYG) and its marketing of deposit accounts for cryptocurrency purchases, Reuters reported Thursday, citing confirmation by an FDIC official. The FDIC is an independent agency created by Congress to maintain stability and…
LOOKING FOR A BOTTOM in Crypto Market with Ethereum and Bitcoin Price Chart Capitulation Structures
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Linqto – Private Investing Made Simple – Where accredited investors can invest in companies prior to their IPO. Unstoppable Domains – Decentralized NFT Domain Addresses – My interview with the Unstoppable Domains co-founder: To send me XRP, BTC, ETH, LTC, BCH, or ADA, you can send it to: bcbacker.crypto (My Decentralized Domain Address) Hi, I am the Blockchain Backer, bringing you the latest cryptocurrency news and analysis. The content of my channel primarily focuses on crypto news, motivation, and chart analysis on…
New Lawsuit Claims Solana Is Unregistered Security — ‘Investors Have Suffered Enormous Losses’ – Altcoins Bitcoin News
A class-action lawsuit has been filed claiming that cryptocurrency solana (SOL) is an unregistered security under the Howey test. “The specific facts and circumstances relating to SOL securities support the conclusion that SOL is a security under the Howey test,” the plaintiff argued. Solana Is a Security, Lawsuit Claims A lawsuit, filed on July 1 in the U.S. District Court for the Northern District of California, claims that cryptocurrency solana (SOL) is an unregistered security. Lead plaintiff Mark Young, a California resident and SOL investor, is suing on behalf of…
Tesla CEO Elon Musk Officially Terminates $44 Billion Twitter Deal — Twitter Threatens Lawsuit – Bitcoin News
Tesla CEO Elon Musk has formally informed Twitter that he is terminating his $44 billion bid to buy the social media platform. “Twitter is in material breach of multiple provisions” of the agreement, Musk’s lawyer explained. Musk Ending Deal With Twitter Citing ‘Material Breach of Multiple Provisions’ Tesla and Spacex CEO Elon Musk’s lawyer sent a letter to Twitter Inc. Friday regarding Musk’s offer to buy the social media platform. The letter, filed with the U.S. Securities and Exchange Commission (SEC), states: Mr. Musk is terminating the merger agreement because…
Argentinian Exchange Ripio Presents Crypto Educational Textbook and Web3 Metaverse Wallet – Bitcoin News
Ripio, an Argentina-based cryptocurrency exchange, announced the launch of two products, a cryptocurrency educational textbook to help newcomers navigate the crypto market, and a Web3 wallet that the company aims to position as an easy gateway to the metaverse. While other Latam-based exchanges have laid off some staff to survive the current market, Ripio is expanding to Spain. Ripio Launches Educational Crypto Book Ripio, a Latam-based exchange, made some announcements regarding its product offerings earlier this week. The company presented two products directed to improve the knowledge of…
Blockchain.com CEO Reveals Company Lost $270 Million From 3AC Exposure – Bitcoin News
According to a report published on July 8, the cryptocurrency firm Blockchain.com lost $270 million from exposure to the crypto hedge fund Three Arrows Capital (3AC). The news was shared in a recent letter to shareholders written by the company’s CEO Peter Smith. The Blockchain.com executive stressed that the firm “remains liquid, solvent and our customers will not be impacted.” Blockchain.com Lost $270 Million From 3AC Exposure — CEO Says Company ‘Remains Liquid and Solvent’ Another crypto company has revealed losses stemming from being exposed to Three Arrows Capital Ltd.…
Biden Administration Expected to Publish Report on Bitcoin Mining and the Industry’s Impact on Climate – Mining Bitcoin News
According to a new report, U.S. president Joe Biden and his administration are focused on proof-of-work (PoW) mining. The principal assistant director for energy for the White House Office of Science and Technology Policy (OSTP) discussed the research report on July 2, 2022. The OSTP official, Costa Samaras, said if digital currencies plan to stick around then it is important that these financial systems are “developed responsibly and minimizes total emissions.” White House Eyes Bitcoin Mining and the Industry’s Emissions A new report will be published by the White House…
Bitcoin Price Outlook for July — Traders Remain Concerned About Upcoming Fed Rate Hike and Bankrupt Crypto Firms – Market Updates Bitcoin News
During the first week of July, bitcoin prices have risen to their highest level since mid-June, coming as U.S. Non-Farm Payrolls handsomely beat expectations. However, as we head into the remaining weeks of the month, questions still linger on if this momentum can be maintained, despite the current uncertainty in the market. Bitcoin’s Current Market Status Looking back at June, bitcoin (BTC) started the month trading around the $30,000 mark, however exactly four weeks ago today, prices fell significantly, with markets still yet to recover from this drop. Between June…