Civil charges were announced against former FTX director of engineering Nishad Singh on Feb. 28, the same day he entered a guilty plea to three counts of criminal fraud in Manhattan district court. Both the United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are pressing charges against Singh. Singh pleaded guilty in the U.S.…
Bitcoin (BTC) bulls laid most of their options at $24,500 and higher for the March 3 options expiry, and given the recent bullishness seen from BTC, who can blame them? On Feb. 21, Bitcoin price briefly traded above $25,200, reflecting an 18% gain in eight days. Unfortunately, regulatory pressure on the crypto sector increased and despite no effective measures being…
Thousands of Web3 aficionados converged upon NFT Paris last weekend, and attendees at the Grand Palais Éphémère got an NFT-based fashion show in addition to the panels and exhibits. Danit Peleg, a fashion designer who taps into new technologies, used the event to showcase her first collection of 3D-printed apparel inspired by Nouns. The notable Ethereum project, which launched in…
Coinbase CEO Brian Armstrong has attempted to quell speculation that his exchange’s staking products should be classified as securities — upping the ante in the ongoing debate around crypto regulations with the United States Securities and Exchange Commission, or SEC. In a televised interview with Bloomberg on March 1, Armstrong said, “Our staking product is not a security,” referring to…
A recent report published by market strategists from the investment bank and financial services company UBS says that the upcoming Mt Gox payouts won’t destabilize bitcoin’s value. While a new supply will come to the market, UBS strategists insist that “it would be less concentrated.” UBS Market Strategists Believe Mt Gox Payouts Won’t Destabilize Bitcoin’s Value UBS market strategists think…
Bitcoin started March on a positive note, but historically the month has recorded mediocre gains, which could be an early warning sign for crypto investors. Source: https://cointelegraph.com/news/price-analysis-3-1-btc-eth-bnb-xrp-ada-doge-matic-sol-dot-ltc
Brian Armstrong, CEO of cryptocurrency exchange Coinbase, said Wednesday that the company’s interests run parallel with those of the Securities and Exchange Commission (SEC), the federal agency tasked with protecting investors in the U.S. Armstrong said that Coinbase, the only publicly-traded cryptocurrency exchange in the U.S., has maintained a “good relationship” with various staff members and commissioners at the SEC,…
sponsored Logium, an ambitious newcomer to the world of crypto betting, has recently undergone a noteworthy refresh to better serve its users. What is Logium? Logium is a peer-to-peer platform that allows traders to bet with each other on whether the price of an asset will go up or down in value. Every trade on Logium is executed in P2P,…
The price of Ether (ETH) declined 9.8% between Feb. 19 and Feb. 25 after the price resistance at $1,725 proved stronger than expected. Still, the correction was insufficient to break the 6-week-long ascending channel and did not cause Ether derivatives metrics to turn bearish. Ether (ETH) price index in USD, 1-day. Source: TradingView Ether’s price resilience can be partially explained…
Litecoin surged to a nine-day high to start the month, breaking out of a recent resistance point in the process. The token climbed past the $95.00 level, as bulls made a run for the $100.00 mark. Polygon also snapped a recent losing streak, by bouncing from a key support point. Litecoin (LTC) Litecoin (LTC) climbed to its highest point in…
