Michael Novogratz said that he expects bitcoin to consolidate in the $7,000-$10,000 range. Michael Novogratz, founder and CEO of cryptocurrency merchant bank Galaxy Digital, has said that he expects bitcoin (BTC) to consolidate in the $7,000-$10,000 range, Bloomberg reports on May 30. Per the report, during a conference call discussing his company’s quarterly earnings, he […]
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The Japanese House of Representatives has officially approved a new bill to amend national laws that govern crypto regulation. The Japanese House of Representatives has officially approved a new bill to amend national laws that govern crypto regulation, Cointelegraph Japan reported on May 31. The bill — which had been prepared by Japan’s Financial Services […]
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The top three cryptocurrencies are trending down and nearly all of the top 50 coins are in the red after a significant market correction. Thursday, May 30 — Bitcoin (BTC), ether (ETH), and Ripple (XRP) are down as the crypto market sees a major correction following this morning’s rally. Nearly all of the top 50 […]
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Digital currency investment firm Dadiani Syndicate has reportedly been approached by a wealthy client to buy as close to 25% of the bitcoin supply as possible. Digital currency investment firm Dadiani Syndicate has reportedly been approached by a wealthy client to buy as close to 25% of the bitcoin (BTC) supply as possible, Forbes reported […]
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U.S.-based stock and crypto trading app Robinhood has reportedly been cooperating with Chicago trading firm Jump Trading LCC. United States-based stock and crypto trading app Robinhood has reportedly been cooperating with Chicago trading firm Jump Trading LCC to execute crypto trades on behalf of its clients. Bloomberg reported on the matter on May 29, citing […]
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The Japanese Financial Services Agency showed a cautious approach towards cryptocurrency-based ETFs. The Japanese Financial Services Agency (FSA) showed a cautious approach towards cryptocurrency-based exchange-traded funds (ETFs) in comments at the finance committee of the upper house of the National Diet on May 30. Cointelegraph Japan reported on the comments earlier today. Per the report, […]
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In the latest milestone of its renewed bull run, bitcoin today broke past $9,000, soaring to its highest price point in over a year. Thursday, May 30 — in the latest milestone of its renewed bull run, bitcoin (BTC) today broke past $9,000, soaring to its highest price point in over a year. Most of […]
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Russia’s state-owned Sberbank suspended a crypto initiative due to the negative stance of the central bank. Russia’s largest bank, the state-owned Sberbank, has suspended its crypto-related plans due to the central bank’s negative stance on the industry, local news agency TASS reports on May 30. Sberbank vice president Andrey Shemetov has reportedly revealed the news […]
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Crypto investment firm Primitive Ventures co-founder Dovey Wan suggested that fake news may be responsible for yesterday’s BSV price surge. Co-founder of cryptocurrency investment holding firm Primitive Ventures Dovey Wan suggested that fake news circulating in China may be responsible for yesterday’s bitcoin sv (BSV) price surge. Wan posted about the fake news in a […]
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Located at Sichuan’s Dadu river, the alleged illegal mining farms reportedly contain over 30,000 units of mining equipment. The state authorities of China’s Sichuan province will investigate local bitcoin (BTC) mining farms that have been allegedly been built illegally, local media agency Sina reports on May 30. Located at the bitcoin “global mining capital” of […]
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