• The cryptocurrency market has surpassed the $1 trillion mark for the first time since November 2023, due to anticipation for the upcoming 2024 Bitcoin halving. • Mark Yusko, founder and chief investment officer at Morgan Creek, recently stated that Bitcoin (BTC) could be in the midst of a trend […]
Read MoreLBRY v SEC: Ripple’s Fate Hangs in the Balance
• The US Securities and Exchange Commission (SEC) has filed a lawsuit against Ripple Labs alleging the sale of unregistered securities. • The LBRY v SEC case is expected to set the stage for Ripple’s case and the hearing will be held in the US district court. • John Deaton, […]
Read MoreBlockFi Liquidates $160M in Crypto Loans, More Trouble on the Horizon
• BlockFi is liquidating $160 million in loans backed by 68,000 Bitcoin mining machines. • The move aligns with on-chain data that miners are selling both freshly minted Bitcoins and old coins to offset negative balance sheets. • Crypto lawyer Harrison Dell believes this is just the beginning of asset […]
Read MoreCrypto Market in Turmoil: How to Navigate a Global Recession
• The crypto community has had a difficult few months, with several events increasing the FUD. • Confidence in crypto assets is at an all-time low, and the community may take some time to recover. • Economists predict that a global recession will have an impact on the adoption and […]
Read MoreUS Federal Prosecutors Seize $700M From FTX Founder Sam Bankman-Fried
• Federal prosecutors seized nearly $700 million in cash and assets from FTX founder Sam Bankman-Fried. • Dogecoin co-founder Billy Markus and Twitter head Elon Musk have criticized SBF for his earlier claim of having only $100K left. • US prosecutors have taken hold of FTX’s assets and 10 accounts […]
Read MoreRipple, SEC Legal Battle Continues: SEC Opposes Redactions
• Brad Garlinghouse, CEO of Ripple, believes a resolution with the SEC will be done by mid 2023. • James K. Filan, a former federal prosecutor, keeps everyone updated on the case. • The SEC has filed an opposition to Third Party A’s Motion to Redact all references to Third […]
Read MoreCrypto Exchange Founder Arrested for Facilitating Money Laundering
• The US Department of Justice announced an international cryptocurrency enforcement action on Wednesday and revealed that the DOJ has detained Anatoly Legkodymov, the founder of BitZlato, a Chinese cryptocurrency exchange. • The US sanctions framework is managed by OFAC and FinCEN are keeping an eye out for suspicious behavior […]
Read MoreEthereum Prepares for Shanghai Upgrade, Taking Steps to Avoid ETH Dump
Bullet Points: – Ethereum price has been performing well since December 2022. – The Shanghai hard fork scheduled for March 2023 will allow users to withdraw their staked Ethereums. – There is a fear that investors may dump those withdrawn ETH, resulting in a massive sell off. The world’s second […]
Read MoreBull Run Continues: Bitcoin Price Inches Closer to All-Time High Despite Predictions
• Bitcoin price is just a few figures away from its all-time high of $21.5K • Peter Schiff has predicted a massive pull back in the BTC market • Bitcoin has seen a greater volume of profits realized on-chain than losses for the first time since June The crypto market […]
Read MoreFlasko Takes the Spotlight: Invest in Alternative Assets & Beat Cardano & Avalanche
• Cardano (ADA) and Avalanche (AVAX) have seen extended slumps in their prices, with both tokens trading close to 93% below their all-time highs. • Flasko, an alternative investments protocol, is taking the spotlight from these older cryptos as it enters the second phase of its presale. • Avalanche (AVAX) […]
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