07:52 Aptos Price Analysis & Prediction (Jan 26th) – APT Still Holds 80% Gains After Past Days of Correction, More Rally?
FTX lawyers want to question Sam Bankman-Fried’s family about wealth Sam Bankman-Fried’s immediate family is set to be questioned about the financial gains they made from FTX. Court documents released recently indicate that the lawyers of FTX want to question Bankman-Fried’s family in matters related to acquiring some personal wealth. According to a Bloomberg report, the lawyers asked the court to question both parents and Sam Bankman-Fried’s […]
US securities regulator probes Wall Street over crypto custody: Report The United States Securities and Exchange Commission (SEC) has been probing traditional Wall Street investment advisors that may be offering digital asset custody to its clients without the proper qualifications. A Jan. 26 Reuters report citing “three sources with knowledge of the inquiry” said the SEC’s investigation has been going on for several months already […]
MATIC Price Prediction: Rallies 10%, Polygon Bulls Aim Big MATIC price started a fresh increase from the $0.920 support zone. Polygon bulls are now aiming more gains above the $1.12 resistance zone. MATIC price started a fresh rally above the $0.98 resistance against the US dollar. The price is trading above $0.98 and the 100 simple moving average (4-hours). There was a break above […]
Bitcoin miner Hut 8 takes stoush with Ontario power supplier to court Canada-based Bitcoin (BTC) miner Hut 8 Mining Corporation has ramped up its ongoing fight with its power supplier for one of its mining sites, filing a lawsuit in a Canadian court. Hut 8 said on Jan. 26 it filed a Statement of Claim in the Superior Court of Justice of Ontario against Validus Power, an […]
CFTC's Johnson urges Congress for expanded powers in crypto oversight Commodity Futures Trading Commission (CFTC) Commissioner Kristin Johnson has urged Congress to adopt legislation that "closes the current gap in the oversight of crypto spot markets." During a speech at the digital assets conference at Duke University on Jan. 21, Johnson proposed a number of amendments that would enable the CFTC to conduct “effective due diligence” […]
Financial Advisors See Strong Interest in Crypto — 90% Receive Inquiries About Crypto Investing, Survey Shows
'LEAKED BIDS' — Binance, Galaxy Digital among secret bidders for Celsius assets At least five firms placed bids on Celsius Network’s crypto assets, including Binance, Bank To The Future and Galaxy Digital, according to leaked information shared by crypto blogger Tiffany Fong. Fong, a follower of Celsius developments who shot to fame after several exclusive interviews with Sam Bankman-Fried following its collapse, has leaked information from documents […]
UK's FCA hints at why its given only 15% of crypto firms the regulatory nod Despite the plans to turn the region into a bustling crypto hub, the United Kingdom’s financial watchdog says it has given the all-clear to only 41 out of 300 crypto firm applications seeking regulatory approval to date. The U.K. Financial Conduct Authority (FCA) implemented the new cryptocurrency-focused regulations on Jan. 10, 2020, to supervise businesses […]
Arizona Senator Launches Bill to Make Bitcoin Legal Tender A senator in the U.S. state of Arizona has introduced a set of cryptocurrency bills, one of which seeks to make bitcoin legal tender. “Centralized digital money controlled by the central bankers is slavery. Decentralized bitcoin is freedom,” the lawmaker said. Arizona Lawmaker Wants to Make Bitcoin Legal Tender Arizona State Senator Wendy Rogers has […]
FBI Infiltrated Hive Network, Blocking Over $130 Million in Crypto Ransomware The U.S. Justice Department announced Thursday the results of a months-long operation with the Federal Bureau of Investigation that actively disrupted the activities of the Hive ransomware group, which the agency says had targeted hospitals, schools, and banking in over 80 countries. “Last night, the Justice Department dismantled an international ransomware network responsible for extorting […]
US Senator Ted Cruz pushes for crypto in Congress... using snacks Texan Republican Senator Ted Cruz is pushing the United States Congress to adopt cryptocurrency within its halls using an incentive both sides might agree on — food. Cruz introduced a concurrent resolution dated Jan. 25 that would only allow vending machine and food service contractors that accept crypto as a payment option within the U.S. […]
XRP Bulls Try To Break Consolidation At $0.4 To Conquer New Levels XRP bulls are trying to ride the wave along with Bitcoin to reclaim previously lost territory. The bulls are targeting new annual highs. XRP has been trading in the green zone since the beginning of the year with a strong recovery and bullish sentiment from its investors. At press time, XRP is trading at $04.96, […]
Keep an eye out for major company NFT trademark filings this year Crypto proponents would be wise to keep their eyes on nonfungible token (NFT) and metaverse trademark applications this year, which are “reliable signals” of future-use plans. Speaking to Cointelegraph, intellectual property lawyer Michael Kondoudis said while many people may think big corporations are just jumping onto the NFT trend as a novelty, “it is not […]
Russia Mulls Gold-backed Stablecoin, Lawmaker Confirms After Iran Visit Russia may issue a stablecoin backed by gold to use in international settlements, a high-ranking member of the Russian parliament has admitted. The matter has been discussed during a recent visit to Iran where officials have also signaled interest in such an initiative. Iran and Russia Talk Stablecoin Payments for Bilateral Trade Settlements The Russian […]
Phantom Wallet Claims It Thwarted Over 18K Attacks After the latest high-profile NFT hack, this time taking down tech entrepreneur Kevin Rose, the security advantages of self-custody wallets were making the rounds on Crypto Twitter again. On Wednesday, the creator of Proof and the Moonbirds NFT project was the victim of a phishing attack after the scammer sent Rose a message that leveraged […]
POS Giant Clover Teams Up With Strike To Bring Bitcoin’s Lightning Network To Millions Of Merchants Strike CEO Jack Mallers has taken to Twitter to announce that Strike is now an integrated partner with payments giant Fiserv, parent company of Clover. Subsequently, Strike has launched a pilot integration with Clover allowing merchants to accept bitcoin over the Lightning Network. According to his announcement, the integration is not limited to Strike. Instead, […]
Bithumb in turmoil, Binance’s 47K law requests, Axie players down 85%: Asia Express Our weekly roundup of news from East Asia curates the industry’s most important developments. Bithumb in turmoil On Jan. 25, Yonhap Infomax reported that South Korean authorities had requested an arrest warrant for Kang Jong-Hyun, chairman and owner of cryptocurrency exchange Bithumb, over embezzlement allegations. That same day, the Financial Investigation Second Division of the […]
Bitcoin Price Holds Key Support But The Bulls Seem To Be Losing Steam Bitcoin price failed to settle above $23,500 and corrected lower. BTC is trading above $22,400, but it is now trading below the 100 hourly SMA. Bitcoin is slowly moving lower from the $23,500 resistance zone. The price is trading below $23,000 and the 100 hourly simple moving average. There is a key contracting triangle forming […]
SEC once again rejects ARK 21Shares Bitcoin ETF listing The SEC has once again rejected a proposal to list the ARK 21 Shares Bitcoin ETF on equities exchange Cboe BZX, according to Jan. 26 statement from the SEC. The SEC rejected a similar proposal in April, 2022. The SEC has just now once again rejected ARK's and 21Shares spot bitcoin, $BTC ETF listing. — […]
Aave Eliminates Bad Debt With 2.7 Million CRV Purchase Aave purchased 2.7 million CRV earlier today to clear a bad debt from last year. The bad debt was the result of a failed exploit by Avraham Eisenberg. The governance vote to clear the debt saw overwhelming support from The DeFi protocol’s community. AAVE’s price has gone up more than 10% since the execution of […]
BitPay teams up with MoonPay BitPay has partnered with MoonPay, increasing the tokens available on the BitPay app. BitPay is waiving all transaction fees for first-time buyers. Partnership to expand payment options for BitPay users BitPay’s partnership with MoonPay now enables users to purchase more than 60 of the top cryptocurrencies through a variety of payment options such as credit […]
Chainalysis says mixers laundered $7.8b in 2022 A report by blockchain forensics firm Chainalysis indicates that crypto mixers processed digital assets worth about $7.8 billion in 2022. Illicit funds processed through mixers rise to 24% On Jan. 26, the firm shared highlights of the report in a short Twitter thread. According to figures shared in the thread, the amount of money processed […]
Tron co-founder Justin Sun moves $40m in two days Justin Sun — co-founder of the Tron (TRX) blockchain and owner of the Bittorrent (BTT) decentralized file sharing protocol — saw his wallets involved in well over $40.1 million worth of transactions since Jan. 24. Data gathered from blockchain intelligence platform Arkham Intelligence shows that of those transactions, nearly $20.7 million were outbound transactions, while […]
Moody’s launching stablecoin scoring system Moody’s, a leading credit rating agency, is developing a scoring system for blockchain-based stablecoins. Scoring system to improve transparency for stablecoin users Moody’s plans to release a scoring system for stablecoins, which are currently the most traded tokens in the crypto sector. As the stablecoin asset class continues to grow and attract more attention from […]
Cardano Adds 50,000 New Wallets As ADA Market Cap Surges The Cardano ecosystem has the potential for further growth. The network has grown tremendously in various sectors, including decentralized finance (DeFi) and nonfungible tokens (NFTs). The blockchain has recorded massive adoption over the past months emerging as the third most active blockchain in development activity. According to data from Cardano Blockchain Insights, this blockchain’s ecosystem […]
