• The US Securities and Exchange Commission (SEC) has issued an investigative subpoena to Robinhood Markets regarding its crypto operations. • This follows a similar subpoena from the California Attorney General’s office in December. • Robinhood is cooperating with both investigations into its trading platform, custody of customer assets, customer disclosures as well as coin […]
• Bitcoin’s ‘Kimchi Premium’ in South Korea has gone to a discount, meaning it is cheaper to buy digital assets on Korean exchanges than on global ones. • This signifies that local investors’ interest in Bitcoin has declined. • The analytics platform CryptoQuant showed the fluctuations of the metric over the past month. What is […]
• Bitcoin’s recent rally has improved the overall sentiment among market participants, spurring a positive momentum across the industry. • Technical analysis shows that the $25K price region has been the most significant barrier in Bitcoin’s path during the last eight months. • The 4-hour chart shows that the price began a slight bearish leg […]
• Randall Crater – the founder of crypto scheme “My Big Coin” – was sentenced to 100 months in prison for defrauding investors of $7.5 million. • Federal prosecutors had originally suggested a 13-year sentence for Crater, but Judge Denise Casper in Boston ruled that he should be jailed for 8 years and 4 months. […]
• ZachXBT recently called out two Twitter accounts, @radako and @Fitz_lol, for perpetrating multiple NFT-related scams over the past month. • These accounts suddenly began using NFT profile pictures and tweeting about NFTs at the end of last month, resulting in their follower accounts rapidly increasing. • ZachXBT warns followers to be wary of these […]
Bulletpoints: • Bitcoin had another 7-day period of growth, increasing its market share and dominance. • Altcoins failed to keep up, lagging behind Bitcoin’s growth. • Genesis, one of the leading crypto exchanges, filed for bankruptcy. The past week has been an eventful one for the cryptocurrency market, with Bitcoin (BTC) continuing to expand its […]
• El Salvador’s Alejandra Guajardo wore a glowing Bitcoin suit during the National Costume Competition of the Miss Universe 2023 contest. • The 27-year-old actress and model showcased the evolution of her country’s currency through a dress she wore. • The golden bitcoin outfit resembles the BTC logo, with its three prominent colors – gold, […]
• Bitcoin and Ether’s price and on-chain activity have seen little volatility since the start of the year • Glassnode’s lead analyst said that periods of low market activity are often followed by volatility storms • Glassnode’s first on-chain video report of 2023 suggests that data-based indicators show signs of an emerging crypto bull market […]
• MetaMask’s Ethereum Staking Beta has launched with Lido and Rocket Pool as its two staking providers. • Users can conveniently stake ETH with Lido or Rocket Pool to earn yield and receive liquid staked ETH in return. • The Web 3 wallet’s public beta allows users to select either Lido or Rocket Pool and […]
• El Salvador’s Legislative Assembly passed a historic Digital Asset Issuance law, which will create a regulatory framework for tokenized securities, altcoins, and businesses. • The passing of this law is expected to set the stage for the issuing of President Nayib Bukele’s Bitcoin bonds, known as the Volcano Bonds. • This new law will […]