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Is the brutal crypto winter finally thawing? New analysis suggests Bitcoin is on the cusp of an explosive bull run, with key indicators flipping green for the first time since the downturn began in late 2021. After plummeting nearly 70% from its November high of around $69,000, Bitcoin has
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In a dramatic legal battle between two crypto giants, Gemini and Digital Currency Group are locked in a high-stakes courtroom clash over alleged deception and billions in owed funds stemming from the collapse of crypto lending firm Genesis. The outcome could reshape the digital asset landscape. But who will emerge
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In a monumental move that could shape the future of cryptocurrency, Japan has officially begun allowing startups to issue crypto tokens rather than traditional stocks when raising funds from investors. This historic policy change effectively legalizes a new form of startup fundraising resembling initial coin offerings (ICOs), which were banned
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The once mighty crypto exchange FTX is poised to flood the market with billions in cryptocurrency assets, potentially triggering a plunge in prices and exasperating the ongoing bear market. This impending fire sale stems from FTX's desperate need to repay customers and creditors after its spectacular collapse last
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In an unexpected development, crypto firms Celsius Network and Core Scientific have reached a settlement agreement, effectively ending months of legal disputes. Core Scientific will sell a Bitcoin mining data center in Texas to Celsius for $14 million in cash. This transaction, subject to bankruptcy court approval, resolves ongoing litigation
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The crypto market suffered a dramatic $55 billion in capital outflows in August, according to a new report by Bitfinex exchange. This massive exit of funds began even before the wild price swings caused by the August 17 flash crash andGrayscale Bitcoin Trust news pump. With crypto prices continuing to
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A powerful wave of institutional investment totaling trillions of dollars threatens to radically disrupt the cryptocurrency market and send prices soaring. Who will come out on top when the dust settles? The recent flood of spot Bitcoin ETF filings by giants like BlackRock, Fidelity, and now Franklin Templeton signals a
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The crypto market holds its breath this week as pivotal rulings in SEC v. Ripple and SEC v. Coinbase loom while Bitcoin mining reaches 50% renewable energy use. Investors respond anxiously to FTX's plans to sell part of its holdings. This week brings critical developments that could shape
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The crypto world is abuzz with speculation as the next Bitcoin halving approaches in April 2024. This regularly occurring event cuts the mining reward in half, historically leading to a price surge not long after. But with crypto in a bear market, traders are left wondering if the halving will
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PayPal rolls out new crypto ramps as Franklin Templeton files for a Bitcoin ETF, signaling growing crypto adoption despite market downturns. Meanwhile, Meta and Coinbase make big moves to advance AI and Bitcoin Lightning Network integration. What do these developments reveal about the state of the crypto industry? Will crypto
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In a shocking turn of events, the centralized crypto exchange Remitano suffered a major security breach on Thursday, September 14th, resulting in the loss of $2.7 million in digital assets. This comes just three days after a similar incident at CoinEx, demonstrating the mounting vulnerabilities of centralized platforms. The
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Celsius Network and Core Scientific sent shockwaves through the crypto community this week by announcing a preliminary agreement to settle their contentious legal dispute for $45 million. This landmark deal aims to resolve months of bitter court battles between two of the biggest names in crypto mining. But what are
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The obscure cryptocurrency PegNet (PEG) received a very bullish rating on Friday, September 15, 2023, leaving investors to wonder - is this unknown crypto asset poised for a major breakout? PegNet surged 0.48% to $0.03309703057 even as the broader crypto market climbed 51.03%. The rally gave PegNet
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The economic downturn has spurred two major bitcoin companies, BitGo and Swan, to take drastic action for financial stability. In an announcement on Thursday, the firms revealed plans to join forces and launch the nation's first bitcoin-only trust company, pending regulatory approval. This bombshell partnership points to the
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In a stunning turn of events, Rashawn Russell, a 27-year-old former investment banker at Deutsche Bank, is now planning to plead guilty to federal criminal charges accusing him of defrauding investors out of over $1 million in a cryptocurrency investment scheme. Russell was arrested in April 2022 in Brooklyn and
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The once-mighty crypto trading firm Genesis is shutting down all trading operations in a dramatic move that signals continued turmoil for the digital asset industry. Who could have predicted the stunning downfall of this former pillar of crypto finance? Yet here we stand amidst the wreckage of broken promises and