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Bitcoin
First Mover Asia: Does Crypto’s Success Depend on the Upcoming Presidential Election?
ALSO: The Commitment of Traders report shows that asset managers have increased their open long positions in bitcoin after falling in the two prior weeks.
Crypto Exchange Bkex Suspends Withdrawals Amid Money Laundering Incident
Bkex, a crypto exchange based in the British Virgin Islands, has suspended withdrawals due to an allegation that a user’s “funds were involved in money laundering.” In order to assist law enforcement with their…
Huobi HK Offers Spot Trading and Custodial Solutions in Hong Kong Following Licensing Regime…
On May 29, Huobi HK announced its expansion of services after Hong Kong implemented its new crypto exchange license system. The platform now provides spot and custodial services to both retail and institutional customers in Hong Kong.…
US Bitcoin Corp to Operate Restructured Mining Division of Celsius, Boosting Hashrate by 12.2 EH/s
Bitcoin mining company U.S. Bitcoin Corp (USBTC) has announced its intention to employ the mining assets of Celsius, the defunct crypto lender. The development follows the acquisition of application-specific integrated circuit (ASIC)…
Gemini and Genesis Fight Back Against SEC Lawsuit, Seek Dismissal of Allegations
Gemini Trust Company and Genesis Global Capital filed a court document on May 26, 2023, seeking the dismissal of a lawsuit brought by the U.S. Securities and Exchange Commission (SEC). The regulatory body had accused the two crypto firms of…
Undeads Metaverse Starts Building The New Endless Runner Mini-Game
PRESS RELEASE. Hot on the heels of generating $1M in sales in sold-out first mint event, Undeads Metaverse is excited to announce the development of another zombie-filled game that will allow NFT holders to earn rewards on their Undead NFTs…
Biggest Movers: BNB Hits 20-Day High, as LTC Extends Recent Gains
Litecoin rose for a sixth consecutive session to start the week, as bullish sentiment returned to cryptocurrency markets. As of writing, the global market cap is up by as much as 2.50%. BNB was also in the green, hitting a 20-day high on…
Venezuelan Petro Blockchain Faces Operational Difficulties, Hundreds of Wallets Allegedly Blocked
The blockchain of the petro, the Venezuelan official cryptocurrency asset, has been facing difficulties, halting on May 24, with block production restarting on May 27 only to stop again on May 28. Asonacrip, a local cryptocurrency…
Bitcoin, Ethereum Technical Analysis: BTC Above $28,000 as Biden Announces Debt Ceiling Deal
Bitcoin climbed above the $28,000 level on Monday, as U.S. President Joe Biden confirmed that a deal was agreed in principle. Biden labeled the agreement a “compromise,” with Republican Kevin McCarthy calling it…
Bitcoin’s Short-Term Holders Are Again Selling at Profit
Short-term holders' renewed profitability is a positive signal for near-term price action, according to on observer.