Bitcoin price springs 5% to $62K as US jobs data boosts rate cut bets

Six law firms are fighting over how to distribute $8.3M in attorney’s fees from the Tezos’ $25M class action settlement. Negotiations between six legal firms over $8.3 million in attorney’s fees awarded from Tezos’ $25 million class-action settlement has descended into “unseemly mudslinging,” according to lawyers representing Block & Leviton LLP (B&L) and Hagens Berman…

French stock market regulator, the Autorite des Marches Financiers (AMF), has jointly issued a warning with the country’s central bank and French Prudential Supervision and Resolution Authority (ACPR) recalling the risks associated with “speculative” crypto assets. The warning was posted as a press release on the AMF official website Nov. 26.The three entities’ joint announcement…

Indian crypto investors will reportedly be given a certain time frame to declare their crypto holdings, and must then hold their assets on crypto exchanges regulated by SEBI. 1614 Total views 38 Total shares According to reports from local media, the Indian government will not move for an outright ban on crypto and will instead…

Bitcoin’s “anxiety stage” suggests more potential September downside before the next leg up, recent price analysis suggests. 

Tuesday Sept. 3 — Bitcoin (BTC) continues to eye the $11,000 price mark, while most altcoins are registering minor gains on the day.Market visualization. Source: Coin360Bitcoin continues to show impressive price movement after trading close to $10,300 for the better part of the day. At press time, the number one cryptocurrency is trading at $10,718, up…

The developers have managed to delete the fake message and remove the MEE6 bot from the main server. 483 Total views 5 Total shares Axie Infinity, the popular play-to-earn nonfungible token game, faced another attack on its Discord server earlier on Wednesday, leading to a compromise of its MEE6 bot.MEE6 is a popular discord bot…

United States government bonds, considered perhaps as the safest assets in the world, are now losing money to the investors holding them.According to statistics published by the U.S Treasury, real yields on even the longest-term bonds fell below zero since June 2020.A “real” yield calculates the yearly return on holding a bond and collecting interest…

Volatility comes right on cue as the loss of $40,000 sparks a tussle with swings of $1,000 up and down. 3209 Total views 30 Total shares Bitcoin (BTC) fell below the landmark $40,000 mark for the first time since September 2021 on Jan. 10, heightening a rout that began six weeks ago.BTC/USD 1-hour candle chart…

Qatar has been told by the global money-laundering watchdog to improve its “understanding of more complex forms” of financial crime. 80 Total views 1 Total shares The global watchdog fighting money laundering and terrorist financing has slammed Qatar Central Bank (QCB) for making little effort to enforce its own regulations prohibiting virtual asset service providers.In…