Breakdown Over? Bitcoin Indicators Suggest Price Outlook Is Improving

A U.S. judge ordered the end of an automatic stay on proceedings between bankrupt crypto firms FTX and BlockFi, meaning the two can start negotiating a claims settlement.BlockFi, a lender, filed for bankruptcy in late November last year, in part because of the ripple effects of the sudden collapse of FTX earlier that month. That

Alex Mashinksy, co-Founder and former CEO of insolvent crypto lender Celsius was arrested on Thursday following an investigation into the company's collapse, Bloomberg reported citing a person familiar with the matter.The U.S. Securities and Exchange Commission (SEC) accused the firm and Mashinsky of securities fraud, in a lawsuit filed on the same day. Lawsuits from…

Coinhive was installed on more than 170,000 devices in Brazil last month.

May 29, 2020 at 14:26 UTCUpdated May 29, 2020 at 15:10 UTCJoe Roets, Dragonchain's CEO and chief architect (Credit: Vision Tree Media) Discovery Science to Premier Crypto-Funded TV Series About… Dragonchain?A new series about blockchain project Dragonchain is premiering on Discovery, and it’s been fully financed with $1 million in crypto. Production house Vision Tree…

news Terra has added another partner to its payment provider alliance. The Singapore-based, South Korean-focused blockchain provider and stable coin issuer has agreed to work with Bugs, a South Korean music streaming service. Bugs is the latest addition to the Terra Alliance, a group of ecommerce companies for which Terra provides payment services. Terra now…

Cryptocurrency lender Nexo has filed an arbitration claim against the Republic of Bulgaria, seeking $3 billion in damages.Nexo has accused the country of making “wrongful and politically motivated actions...involving unjustified and oppressive criminal investigations,” according to an emailed statement on Wednesday.The Bulgarian Prosecutor’s Office closed its investigation into Nexo for alleged money laundering offenses in

Bitcoin (BTC) has slipped below $26,000 on Friday as investors have digested U.S. Federal Reserve Chair Jerome Powell's continued commitment to containing inflation, including raising interest rates further if needed.In choppy action following Powell's remarks at the Kansas City Fed's annual Jackson Hole Symposium, stock and bond prices also sank into the red before a…

Sep 21, 2020 at 16:47 UTCUpdated Sep 21, 2020 at 16:55 UTCFamed activist investor Carl Icahn (Brian Ach/Getty Images)Following the 2008 financial crisis, both Main Street and Wall Street agreed that power was too concentrated at the financial institution level. People wanted more control, birthing the era of Bitcoin, and later, other forms of digital…

A highly touted investment instrument that sought to appeal to U.S. public markets investors looking for cryptocurrency exposure has just seen a setback. Announced on Sunday, the U.S. Securities and Exchange Commission (SEC) has issued an order seeking to suspend the trading of the Bitcoin Tracker One and Ether Tracker One exchange-traded notes, issued by…