'Definition of a leverage driven pump' — 5 Things to know in Bitcoin this week

Nasdaq is seeking SEC approval to convert the Grayscale Avalanche Trust into a spot ETF, continuing its push to expand regulated crypto investment products. 68 Total views 1 Total shares US stock exchange Nasdaq has submitted a filing to the US Securities and Exchange Commission (SEC) seeking permission to list Grayscale Investments’ spot Avalanche exchange-traded

One of the main competitors of P2P Bitcoin (BTC) exchange LocalBitcoins has taken even more of its market share as the Finnish company seeks regulatory compliance.In a blog post on Nov. 19, LocalCryptos, formerly LocalEthereum, said it had completed the pivotal step of adding support for Bitcoin as well as Ether (ETH).LocalEthereum becomes LocalCryptos“The platform…

An Ethereum user used Aave's V2 lending platform by depositing 7.5 million USDC as collateral. Following the issuer's decision to temporarily halt mints and redemptions through its banking partner, Prime Trust, a trader has taken advantage of the situation by initiating an on-chain short position on the stablecoin TrueUSD (TUSD).According to on-chain data, an Ethereum…

Altcoins saw a relief bounce on May 13 as the initial panic sparked by Bitcoin's sell-off Terra's UST collapse and multiple stablecoins losing their dollar peg begins to decrease and risk loving traders look to scoop up assets trading at yearly lows.Daily cryptocurrency market performance. Source: Coin360Despite the significant correction that occurred over the past…

Crypto VC giant a16z claims the AI legislation will “burden startups because of its arbitrary and shifting thresholds.”

Bitcoin’s (BTC) price broke through the crucial level at $35,000 and continued its run above $40,000 on Feb. 6, just days after MicroStrategy's pitched Bitcoin to over 1,4000 companies. This breakout above $35,000 earlier this week was significant as it opened the door to a new all-time high test. The final hurdle at $40,000 has prevented…

CIRO executive Suzanne Lasrado offered her opinion on the regulatory guidelines affecting Canadian stablecoin users at the Blockchain Futurist Conference.

A federal judge has implied that an individual may not have the right to force the Internal Revenue Service, or IRS, to expunge financial records it obtains from crypto exchanges.In granting a motion to dismiss filed in December, Judge Joseph DiClerico in the District of New Hampshire suggested the Internal Revenue Service has no obligation…

Bitcoin (BTC) can potentially have a high value or be worth nothing, noted Wall Street investor Bill Miller told CNBC in an interview on Monday, Jan. 7.Miller, the founder of investment management firm Miller Value Partners, spoke to CNBC host Kelly Evans during a show called “The Exchange,” calling Bitcoin an interesting technological experiment and…