Crypto lender Nexo “vehemently denies” allegations leveled at it by the Bulgarian Prosecutor’s Office following the arrest of four people on Friday as part of an investigation into the company. A spokesperson, speaking on behalf of Nexo’s management, told Decrypt they could not confirm whether the people arrested were company employees. The Bulgarian Prosecutor’s Office said during a press conference…
Bitcoin and select altcoins have risen above stiff overhead resistance levels, signaling that the bottoming process may have begun. Source: https://cointelegraph.com/news/price-analysis-1-13-btc-eth-bnb-xrp-ada-doge-matic-dot-ltc-uni
The mining arm of crypto lender Celsius Network has issued a notice for the sale of $1.3 million worth of mining equipment as part of its bankruptcy case. In a Jan. 11 filing with the United States Bankruptcy Court of the Southern District of New York, Celsius said it will be selling 2,687 MicroBT M30S ASIC rigs to investment firm…
After the offices of crypto lender Nexo were raided in Bulgaria, the digital currency lending platform experienced a significant amount of withdrawals starting Jan. 12, 2023. An archived snapshot of Nexo’s real-time attestation shows that the company held 133,263 bitcoin on that day. As of Jan. 13, 2023, Nexo’s attestation indicates that the company now holds 124,939 bitcoin, with $157.21…
MetaMask users are set to have access to Ethereum liquid staking providers Lido and Rocket Pool courtesy of a new integration unveiled by ConsenSys. MetaMask Staking will unlock the ability for users to stake Ether (ETH) through the Lido and Rocket Pool protocols, touting the service to improve the security and decentralization of the Ethereum blockchain. Users will be able…
European authorities announced the takedown of a fraudulent network of call centers that operated in Serbia, Bulgaria, Cyprus, and Germany, luring victims into investing large amounts of money in crypto schemes. The network defrauded numerous victims in Germany, Switzerland, Austria, Australia, and Canada for tens of millions of euros, according to a Eurojust press release Thursday. Overall, four call centers…
Shiba inu was one of Friday’s biggest gainers, as the meme coin raced to a six-week high. The move came as the global cryptocurrency market cap surged, as U.S. inflationary pressures continued to cool off. Ethereum classic was also in the green, with price hitting a two-month high. Shiba Inu (SHIB) Shiba inu (SHIB) was one of Friday’s notable movers,…
Bitcoin (BTC) stayed near $19,000 at the Jan. 13 Wall Street open as traders hoped a week of swift gains would stick. BTC/USD 1-da candle chart (Bitstamp). Source: TradingView BTC price “breakout or fakeout remains to be seen” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD crisscrossing the $19,000 mark as United States equities began trading. The pair rapidly…
Several U.S. House of Representatives Republicans have proposed legislation that would significantly decrease funding for the Internal Revenue Service (IRS). The move comes after the newly elected Speaker, Kevin McCarthy, stated that he would challenge the funding granted to the U.S. tax agency in the previous year. Biden Administration Opposes Bill for Rescinding Funding for IRS Enforcement of Tax Laws…
Ether (ETH) price technicals suggest that 35% gains are in play by March 2022 due to several bullish technical and fundamental factors. Ethereum price rises above two key moving averages On Jan. 8, Ether’s price crossed above its 21-week exponential moving average (21-week EMA; the purple wave) and 200-day simple moving average (200-day SMA; the orange wave). Historically, these two moving…
