Bitcoin ‘late longs’ washed out as BTC price falls to $65K
Bitcoin leveraged positions increased over the past week, and a portion of these late longs have been wiped out as BTC price dropped closer to $65,000. Go to Source
FUD
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Key Bitcoin price metric drops to a 2-week low — Is the BTC bull market over?
Bitcoin price has dropped to a worrying low, leading some traders to throw in the towel and claim the bull run is over. Go to Source
German gov’t transfers another $900M in Bitcoin, adding to BTC’s selling pressure
Repeated Bitcoin transfers to centralized exchanges suggest the German government plans to sell the remaining $1.3 billion in BTC holdings. Go to Source
Io.net CEO departs 2 days before token launch
Ahmad Shadid, one of the founders of io.net, left “effective immediately” but said it wasn’t related to allegations regarding his past. Go to Source
Bitfinex CTO Dismisses Breach Claims as ‘Pure FUD,’ Says No Group Has Asked for Ransom
Paolo Ardoino, the chief technology officer of Bitfinex, has dismissed claims that Bitfinex has been breached as “pure FUD [fear, uncertainty and doubt].” A report by Shinoji Research suggested that the ransomware group, Fsociety, might have access to every Know Your Customer (KYC) document since Bitfinex’s inception. A security researcher suggested that these claims might … Read more
Gate.io threatens legal action against rumor-mongers
Insolvency rumors surfaced after a series of events involving Multichain. Gate.io has denied any liquidity issues. Go to Source Powered by WPeMatico
Bitcoin bulls’ desire for a trend reversal could be obliterated by this week’s $565M options expiry
Significant headwinds continue to batter BTC price, and this week’s options expiry is unlikely to provide any relief. Go to Source Powered by WPeMatico
SEC accuses Utah firm of ‘fraudulent’ $18M crypto mining scheme
The SEC said Green United’s operation was a fraud and the community was quick to quell fears of the SEC classing crypto mining as a security in the suit. Go to Source Powered by WPeMatico
Tether strikes at WSJ over ‘stale allegations’ of faked documents for bank accounts
Tether has hit back at a Wall Street Journal report detailing alleged shady dealings by it and Bitfinex to open bank accounts. Go to Source Powered by WPeMatico
FTX Warns Community of Phony ‘Debt Tokens’ and Scams Claiming to Be Affiliated With the Bankrupt Exchange
On Friday, debtors who control the official FTX Twitter account warned the community to “be on alert for scams from entities claiming to be affiliated with FTX.” They also noted that neither FTX debtors nor any entity related to the company has issued any IOU crypto assets or “debt tokens.” The alert comes as a … Read more
