$36T US debt ceiling signals Bitcoin correction after Trump inauguration

Police raids on the Bithumb offices are apparently not just FUD as more investigation reports come in. The drama over alleged fraud involving Bithumb’s senior executives continues as the company’s chairman has reportedly been summoned for interrogation.The Seoul Metropolitan Police Agency is purportedly seeking to question Lee Jung-hoon, chairman of board at Bithumb Korea and…

Whipsaw price action has returned to the cryptocurrency market after Bitcoin’s (BTC) price lost steam at $67,100 and retracted to the $62,000 level.  An early morning 87% flash crash in the price of BTC at Binance US saw the price briefly touch $10,000 and it may have set the market on edge, but generally, it appears to…

The FTX co-founder may be able to face one less charge relating to his alleged mismanagement of the cryptocurrency exchange. 423 Total views 25 Total shares United States prosecutors have signaled they will drop a charge against FTX co-founder Sam Bankman-Fried, which had alleged he conspired to make unlawful campaign contributions.In a July 26 letter…

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Bitcoin (BTC) seems to be on everyone’s mind lately as the world recently witnessed the price of BTC take a rather unexpected bearish turn this month. On January 21, 2022, Bitcoin reached six-month lows, sinking below $40,000 for the first time in months. While some panicked, other industry experts pointed out that the Bitcoin network has…

A Bitcoin (BTC) whale — an individual investor who holds a large amount of BTC — took profit after two years. Data from Whalemap suggests the whale purchased nearly 9,000 BTC in the third quarter of 2018.A pseudonymous trader known as “Byzantine General,” who shared the data, said:“This whale is a legend. See that big…

A branch at Ukrainian Railways (Ukrzaliznytsya), was illegally mining crypto using the power grid of the state. Ukrzaliznytsya, a state-owned enterprise of rail transport in Ukraine, says that its Lviv Railway unit used its electricity to plug in more than 100 pieces of crypto mining devices to mine Bitcoin (BTC), according to an official announcement on…