Bitcoin price has recovered from its weekend losses back above $9,000 as the U.S. government seeks another $3 trillion in an attempt to revive the economy. On May 5, Bitcoin (BTC) price recovered a significant portion of its losses from Sunday’s weekly close correction and data from Cointelegraph Markets and CoinMarketCap shows that within the […]
Continue ReadingBitcoin Manipulation Abatement LLC accuses Ripple and CEO Brad Garlinghouse of violating security laws while selling and marketing XRP. Attorneys for a company called Bitcoin Manipulation Abatement LLC have filed a lawsuit in a U.S. federal district court alleging Ripple misled investors and sold XRP as an unregistered security in violation of federal law. According […]
Continue ReadingCongressman Stephen Lynch of Massachusetts introduced a bill on April 23 to establish a blockchain network capable of monitoring the SNS. U.S. Congressman Stephen Lynch of Massachusetts has introduced a bill to establish a blockchain network capable of overseeing the distribution of personal protection equipment, ventilators and other necessary medical equipment during the current pandemic. […]
Continue ReadingIn a letter to Investors, CEO Dan Morehead examined the YTD performance of Bitcoin prior to the May 12 rewards halving. Pantera Capital Founder and CEO Dan Morehead has predicted there is more than a 50-50 chance Bitcoin goes up “and goes up big”, with a predicted peak of over $500,000 in August 2021. The […]
Continue ReadingCrypto fans have been discussing actively on social media about the new Bitcoin-related episode of “Billions” series. Showtime released the first episode of the fifth season of financial drama series “Billions,” which opened with a Bitcoin mining bust. The new season, based on the life of the former New York District attorney Preet Bharara, began […]
Continue ReadingBinance’s CEO suspects that recent DDoS attacks came from competing exchanges looking to damage Binance’s reputation rather than steal crypto. As Zhao told Cointelegraph on May 4, the April 29 attack was “well-coordinated” and focused on making Binance services unavailable in some countries of Asia. Competitors behind the attacks? Zhao emphasized that there are “a […]
Continue ReadingAmerican TON investors will be reportedly only eligible for an immediate 72% repayment instead of a 110% refund option in April 2021. Soon after missing the April 30 deadline to launch the Telegram Open Network (TON), Telegram sent another letter to its investors. In the new letter, Telegram reportedly said that American TON investors will […]
Continue ReadingCraig Wright’s Satoshi case will finally go to trial, both sides confirmed to Cointelegraph. Lawyers representing both sides confirmed to Cointelegraph that they expect the trial to convene on July 6. The case that has been captivating the crypto community for several years now may finally receive a resolution. On May 1, Judge Bloom, who […]
Continue ReadingUS Senator and former Bakkt CEO finally filed her financial disclosures after a four-month extension and an insider trading scandal, revealing that she is very rich indeed. Per her financial disclosures, filed the evening of May 1 after an extension in January, Loeffler’s assets are significant, as was her income as CEO of Bakkt. The […]
Continue ReadingSeveral major cryptocurrencies are facing selling at higher levels but the fact that traders are buying on the dips suggests further range-bound action is likely. Jefferies Greed & Fear email written by Christopher Wood recommends both retail and institutional investors buy Bitcoin (BTC) ahead of the upcoming halving which is less than eight days away. […]
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