SEC sues Bitcoin miner Geosyn, accusing founders of $5.6M fraud
The SEC alleged Geosyn Mining’s co-founders misappropriated $1.2 million of its investors’ funds, spending it on holidays, nightclubs and firearms.
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Data Shows $1,000 Bitcoin Price Gains Are Followed by 38% Drawdown
This week Bitcoin price pulled off an incredible rally that appears to have exceeded the expectations of many investors. Data from Cointelegraph Markets and CoinMarketCap shows record trading volume across multiple crypto exchanges occurred as Bitcoin rallied to $9,400 but this doesn’t mean that the long awaited bull market has started. Crypto market daily price chart.…

Facebook Adds Senior Job Vacancy for Calibra Wallet on Careers Site
Facebook has started advertising for a head of data science to work on its Calibra wallet, a recent job posting shows.According to the tech giant’s vacancy, it is looking for an “experienced analytics leader” who can use data to drive insights, shape the wallet’s future direction, and measure product success.Understanding how users interact with the product and…

US federal court dismisses lawsuit against DeFi platform PoolTogether
The DeFi community funded the protocol’s legal defense through a $1.4 million nonfungible token sale in 2022. 467 Total views 2 Total shares A United States judge recently dismissed a lawsuit against the decentralized finance (DeFi) platform PoolTogether. According to the ruling, the federal court system is not the correct place to air concerns against…

Flippening? Record $10B Ethereum futures volume briefly outpaces Bitcoin’s
The volume on Ethereum futures flipped Bitcoin's after hitting a new record at $10 billion, and derivatives data suggests further upside for Ether price. 4391 Total views 28 Total shares In the past 30 days, Ether (ETH) price decoupled from Bitcoin (BTC) to post a 67.5% gain, while the leading cryptocurrency price has barely moved.…

Ethereum futures and options data reflect investors’ growing confidence in ETH price
The price of Ether (ETH) rallied 16% between Jan. 14 and Jan. 21, peaking at $1,680 before facing a 5.4% rejection. Curiously, the same resistance level resulted in a substantial correction in late August 2022 and again in early November 2022. Ether/USD price index, 2-day. Source: TradingViewFrom one side, traders are relieved that Ether is trading…

Why the Crypto Market Will Likely Rally by the End of 2018: Experts Discuss
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision.Historically, over the past nine years, Bitcoin (BTC) has experienced four major corrections, all of which led Bitcoin to decline by more than 80 percent in value. The correction the…

Google Play Lifts Ban on Ethereum Browser Extension MetaMask
Major Ethereum browser extension and wallet service Metamask has something to celebrate as 2020 kicks off, notifying its users that Google has now reversed its short-lived ban on the browser add-on.In a tweet posted on Jan. 1 2020, the MetaMask team revealed that:“Upon careful consideration, Google has permitted The MetaMask mobile app back on the…

NFT craze and institutional money to bring next 100 million crypto users, says Crypto.com CEO
The two main factors driving mass adoption are converging, says Crypto.com CEO Kris Marszalek. Watch Cointelegraph’s latest interview with Crypto.com CEO Kris Marszalek to understand the catalysts that will push crypto to 200 million users. For more crypto and blockchain content, check out and subscribe to Cointelegraph’s YouTube Channel!When adoption?It took over a decade for…