Browsing Category
Bitcoin
FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense
According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said…
Senate Banking Committee Holds Hearing on Recent Bank Collapses, Calls for Tougher Regulations
On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss the recent bank collapses in the United States and the regulatory response. Throughout the…
Controversial ‘Tiktok Ban Bill’ Sparks Concerns Among Cryptocurrency and Technology Advocates
Cryptocurrency and technology proponents have recently been discussing a new bipartisan bill called the “Restricting the Emergence of Security Threats that Risk Information and Communications Technology (RESTRICT)” Act. In…
Bitcoin, Ethereum Technical Analysis: BTC Back Above $28,000, Following US Consumer Confidence…
Bitcoin surged higher on Wednesday, as markets reacted strongly to better-than-expected consumer confidence figures in the United States. Data from the Conference Board showed that its monthly survey rose to a reading 104.2, better than the…
Bitcoin Heads for Best Quarter in Two Years, Outperforms Ether, Gold, Nasdaq
One observer said poor order book depth is primarily responsible for bitcoin's rally, while others pointed to the cryptocurrency's sound money appeal and Fed pivot speculation as bigger catalysts.
Report: UAE Central Bank Implements Digital Currency Strategy
The central bank in the United Arab Emirates said it has started implementing its digital currency strategy with partners G42 Cloud and R3. According to the central bank, the digital currency initiative is expected to “further…
Bitcoin Regains $28K; XRP Surges for a Second Day
XRP led gains in major tokens on positive sentiment, but might face a sell-off in coming days.
Noble Partners With Circle Financial to Integrate USDC on Cosmos Blockchain
According to the token protocol startup Noble, the second-largest stablecoin, USDC, will be integrated into the Cosmos blockchain, as the company has partnered with Circle Financial for the rollout. Noble details that the integration will…
Binance CEO CZ Responds to US Regulator’s Charges
Binance CEO Changpeng Zhao (CZ) has addressed the allegations against him by the U.S. Commodity Futures Trading Commission (CFTC). “We do not agree with the characterization of many of the issues alleged in the complaint,” the…
Fed Bank President: Banking Crisis Tips US Economy Toward Recession
The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, says the current banking crisis has pushed the U.S. economy closer to a recession. “We have fundamental issues, regulatory issues facing our banking…