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” Bitcoin price continues to fall, but derivatives data hints at a short-term rally to $25K “ It’s possible that many people have already forgotten that Bitcoin’s (BTC) price closed 2022 at $16,529 and the recent rebound and rejection at the $25,000 level could raise concern among certain investors. Bears are pushing back at the…
” Bitcoin bears attempt to pin BTC price under $23K ahead of this month’s options expiry “ Bitcoin’s (BTC) 16% price gain between Feb. 13 and Feb. 16 practically extinguished the bears’ expectation for a monthly options expiry below $21,500. As a result of the abrupt rally, these bearish bets are unlikely to pay off,…
” Binance Australia Derivatives reportedly closes accounts and positions for some users “ Binance Australia Derivatives users reported abrupt notifications sent by the digital asset platform on Feb. 23, saying it is starting to close certain derivatives positions and accounts. According to screenshots posted by various users on Twitter, users who did not meet the requirements…
” SEC files objection to Binance.US bid for Voyager assets “ The United States Securities and Exchange Commission (SEC) has objected to Binance.US’ move to acquire over $1 billion of assets belonging to the defunct cryptocurrency lending firm Voyager Digital. According to a Feb. 22 filing submitted to the U.S. Bankruptcy Court for the Southern…
” CoinEx crypto exchange sued by New York for failing to register with state “ Cryptocurrency exchange CoinEx has been sued by the New York Attorney General, Letitia James, alleging the firm falsely represented itself as an exchange due to failing to register as a securities and commodities broker-dealer in the state. A 38-page petition…
” Gate.io to enter Hong Kong following city’s $6.4M budget allocation to Web3 “ Cryptocurrency exchange Gate.io is gearing up to launch a presence in Hong Kong following the local government’s planned $6.4 million (50 million Hong Kong dollar) cash injection into Web3 as per the city’s 2023-24 budget. Gate Group said on Feb. 22…
” Price analysis 2/22: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, SHIB “ The United States equities markets saw their worst performance of 2023 as concerned investors dumped stocks on Feb. 21, fearing continued rate hikes by the U.S. Federal Reserve. Although the cryptocurrency markets also gave back some of the gains, the…
” Redditor could lose young family after crypto trading addiction spirals “ A self-confessed crypto trading addict and father of two is facing the dire prospect of losing his family forever after secretly racking up $180,000 in debt from his crypto trading habits. Posting his story on the r/relationship advice subreddit on Feb. 21, Reddit…
” Coinbase staking ‘fundamentally different’ to Kraken’s — chief lawyer “ The staking services offered by cryptocurrency exchange Coinbase are “fundamentally different” to what was offered by its peer exchange Kraken — which recently came under fire from the United States securities regulator — according to Coinbase’s head lawyer. Paul Grewal, Coinbase’s chief legal officer,…
” Coinbase beats Q4 earnings estimates amid falling transaction volume “ United States-based cryptocurrency exchange Coinbase has beaten revenue expectations for the fourth quarter of 2022 but continued to see its transaction volume decline. Net revenue for the exchange came in at $605 million for the quarter, beating the $589 million revenue reportedly estimated by…