A U.S. district has rejected a lawsuit alleging that Bibox sold unregistered securities because the lead plaintiff last traded the tokens in question more than 12 months ago.
Bitcoin price struggled to recover above $57,500 against the US Dollar. BTC is now declining and it remains at a risk of more downsides towards $52,000. Bitcoin is facing an uphill task above the $57,000 and $57,500 levels. The price is now trading well below the $57,000 level and the 100 hourly simple moving average. […]
Major investment bank Morgan Stanley believes that central bank digital currencies are not a threat to the existence of cryptocurrencies. The bank believes that both types of digital currencies can coexist because they serve different purposes and have different appeals. Cryptocurrencies and CBDCs Can Coexist Morgan Stanley’s analysts, including chief economist Chetan Ahya, discussed the […]
Bitcoin and altcoin holders can easily monetise their holdings by securing hassle free loans Few firms like Vauld and Cashaa are offering loans at a interest rate of 12-15% per annum to the crypto holders As the loans are always collateralized, the firms dont checks for credit worthiness before disbursing the amounts Bitcoin and other […]
Bitcoin has been considered as not a good asset class by Mark Mobius Mark prefers average investors to invest in potential metals instead of Bitcoin He also considers that the four key metals are gold, silver, platinum, and palladium which can surge higher Bitcoin is performing tremendously, still it’s far from surpassing the total market […]
Chia Network is not even out and future miners are already causing a shortage crisis of SSDs all around Asia and a spike in prices.
The owner of one of the world’s biggest mining pools says Ethereum (ETH) could reach the $5,000 to $6,000 range this bull run, as per Chinese news outlet Wu Blockchain. The post One of the biggest Bitcoin miners says Ethereum will soon cross $5,000 appeared first on CryptoSlate.
The South Korean government is consulting on plans to regulate overseas remittances and banks with ties to crypto exchanges over concerns money is flowing abroad from the country in crypto purchases.Per Maeil Kyungjae, it appears that some South Korea-based investors are attempting to exploit the kimchi premium by transferring fiat abroad to buy crypto from over-the-counter
The Federal Reserve Bank of Dallas president says bitcoin is clearly “a store of value.” Emphasizing the differences between cryptocurrencies, like bitcoin, and central bank digital currencies, he said the latter “won’t necessarily be a store of value.” Fed Bank Chief Calls Bitcoin a Store of Value The president of the Federal Reserve Bank of […]
A well-received Nasdaq debut from Coinbase last week opens what many hope to be crypto’s cross into the mainstream. Nonetheless, controversy has surrounded its IPO, including valuing the firm on a fully diluted basis. Using this methodology, a higher number of shares is included in the company valuation, essentially overvaluing the company by some $20bn. […]