FTX becomes official crypto sponsor of MLB
Sam Bankman-Fried, the founder and CEO of FTX and Alameda Research, announced the new partnership on Wednesday. Go to Source Powered by WPeMatico
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Coinbase Approved to Enter Japanese Cryptocurrency Market
Coinbase is now registered as a cryptocurrency exchange to operate in Japan. The Japanese financial regulator has approved Coinbase to trade five cryptocurrencies. Japan’s top financial regulator, the Financial Services Agency (FSA), announced last week that it has registered Coinbase as a crypto exchange service provider based on the revised Fund Settlement Act. According to … Read more
Bitcoin price bounces to $33K but analysts say ‘it’s too early’ to call a bottom
Dip buyers stepped in as Bitcoin price fell to $29,000 but analysts caution that China’s crackdown on BTC mining and a lack of buy volume mean the crypto market has not found a bottom yet. Go to Source Powered by WPeMatico
Bitcoin price clings to $32K as on-chain metrics hint at further downside
China’s continued crackdown on Bitcoin mining and OTC transactions, along with prolonged technical weakness, triggered BTC’s drop to a 6-month low. Go to Source Powered by WPeMatico
Stablecoin inflows to exchanges dip as traders watch Bitcoin from the sidelines
Stablecoin inflows to exchanges tapered off as investors turned bearish on Bitcoin, but a surge in USDC minting could be a signal of upcoming regulation. Go to Source Powered by WPeMatico
Canadian regulator will hold hearing against Bybit for alleged violations of securities law
The commission alleges Bybit exposes local investors “to unacceptable risks and create[s] an uneven playing field within the crypto asset trading platform sector.” Go to Source Powered by WPeMatico
Zebpay will join organization proposing regulatory framework for crypto in India
“Crypto exchanges want to be part of IndiaTech because we have moved the needle in the past few months on the narrative and perception of this industry,” said Rameesh Kailasam. Go to Source Powered by WPeMatico
Indian ‘Crypto King’ Arrested by Narcotics Control Bureau — Wazirx Says Not Our User
India’s Narcotics Control Bureau (NCB) has arrested a Mumbai resident known as “crypto king,” who allegedly used bitcoin to purchase narcotics on the dark web. Indian cryptocurrency exchange Wazirx says the accused is not one of its customers. ‘Crypto King’ Arrested in India A Mumbai resident, Makarand Pardeep Adivirkar, also known as “crypto king” in … Read more
Bitcoin retests $37K support, gold and stocks drop lower over Fed comments
Steady BTC inflows to crypto exchanges and fallout from the Federal Reserve’s plan to hike interest rates dropped Bitcoin price to the $37,000 support. Go to Source Powered by WPeMatico
Dip-buyers anticipate further downside after Bitcoin price falls to $38K
Sellers pressed Bitcoin price back below $40,000, while analysts believe BTC will remain rangebound until the $42,000 level is breached. Go to Source Powered by WPeMatico