Provisional liquidators are seeking greater powers to investigate a defunct cryptocurrency trading firm after it was allegedly discovered to be lying to investors and operating illegally.According to a report by Bloomberg on Friday, Mirror Trading International (MTI) is set to be put under the microscope by four liquidators...
As prices for bitcoin and other cryptocurrencies continue to surge this year, many traders are looking for any indicator for when – or if – the bull market will come to an end. Some are convinced they have the answer: They are examining polkadot (DOT), the native token...
“Miners are selling” is a popular trope used to explain bitcoin’s occasional downward price action. But on-chain data doesn’t support this narrative, according to analysts and mining pools themselves.After bitcoin’s correction earlier this week to the tune of nearly 30%, miners were a popular scapegoat. But miners have been...
Deltec, Tether’s Bahamas-based bank, announced Thursday it was investing customer funds in bitcoin.The announcement, made by Deltec Bank & Trust Chief Investment Officer Hugo Rogers during a year-in-review video, raises new questions about whether the dollar-pegged USDT stablecoin, which is in theory backed by cash and “cash equivalents,”...
This week, reports emerged that Gary Gensler, the former chairman of the Commodity Future Trading Commission (CFTC) is set to be President-elect Joe Biden’s choice to take over the Securities and Exchange Commission (SEC). This is good news for the digital assets industry. From my experience with Gensler,...
Originally slated for Dec. 1, 2020, Bitcoin Core version 0.21.0 is now available for download, and includes a handful of notable changes to Bitcoin’s primary software implementation. Most notably, Bitcoin now supports Tor’s latest address format, Taproot’s code is now live for testing and Bitcoin Core finally gets...
After closing out last week at over $40,000 on Sunday, bitcoin hit that price again Thursday while traders are pushing ether volumes to new liquidity levels.Bitcoin (BTC) trading around $39,318 as of 21:00 UTC (4 p.m. ET). Gaining 8.5% over the previous 24 hours.Bitcoin’s 24-hour range: $36,125-$40,066  (CoinDesk...
With bitcoin bouncing back up and approval of the first federally chartered crypto bank, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.Add Markets Daily to your Alexa Flash Briefing here.This episode is sponsored by Nexo.io.While a 31% rally to $50,000 in two weeks may be...
Independent registered investment advisor Tyrone Ross is back in his first show of 2021. In this episode he shares his thoughts and frustrations on how the explosive rally in bitcoin is being thought about and discussed in some circles, with those already in positions of wealth missing the...
From “backed by nothing” to “China mining control,” a complete look at the best response to every category of bitcoin FUD out there.This episode is sponsored by Nexo.io.On today’s episode of The Breakdown, NLW is joined by Dan Held, growth lead at Kraken and a serial bitcoin entrepreneur....