Bitcoin bears eye $50K bottom as analysts claim final flush still to come
Bitcoin falling to the $50,000 level is being seen as the “last significant accumulation zone” before any sustained recovery, says LVRG Research director Nick Ruck.
Justice Department opens compensation for victims of $4B OneCoin crypto fraud
OneCoin was launched by Ruja Ignatova and Karl Sebastian Greenwood in Bulgaria. Ignatova has been missing since 2017, and Greenwood was sentenced to 20 years in prison.
Banks challenge White House report on stablecoin yields
The American Bankers Association is concerned that stablecoin yields would lead to mass deposit outflows from smaller community banks.
Bitcoin nears $75K as Iran deal hopes spark $400M short squeeze
A broad hope for a US deal with Iran to end weeks of conflict has spurred investor confidence in riskier assets.
Former CFTC chair Giancarlo leaves law to focus on crypto advisory
Chris Giancarlo, who oversaw the first Bitcoin futures ETF approval as CFTC chairman, will now advise fintech and digital asset founders and boards.
South Korea fines Coinone $3.5M, orders partial business suspension: Reports
Coinone is the second to face South Korea’s crackdown on exchanges in the last month, following a $24 million fine and a six-month partial suspension order against Bithumb.
Ether holders back in profit as ETH price aims for rally to $3K
Large Ether investors are back in profit, increasing the chances of a rally toward $3,000, but resistance at $2,800 may delay the recovery.
Foundry launches Zcash mining pool, notches 29% hashrate in first month
The launch of Foundry Zcash Pool has cut ViaBTC’s mining pool hashrate dominance from around 65% to 37%.
Bitcoin reclaims $74K as spot ETF demand clashes with BTC miner sell pressure
Bitcoin rallied above $74,000 after the Monday stock market close, but derivatives data show that some traders remain bearish.
Broadridge rolls out crypto, tokenized asset platform for Canada wealth managers
The technology services provider said wealth managers have faced challenges integrating digital assets without relying on separate systems.