Bitcoin Price Falls Below $23,000 Because of Inflation and Options Expiry

Bitcoin Price (BTC) loses 9.3% of its value in the last three days dropping below US $23,000. On Tuesday the bureau of labor and statistics revealed the latest CPI data for Jan 2023. According to the data inflation in the…

NBA’s ‘Top Shot Moments’ NFTs may be classified as securities in Dapper Labs case

Federal judge rules NBA-branded “Top Shot Moments” NFTs from Dapper Labs could be considered securities. According to the judge, the conclusion that Dapper Labs’ offering was an investment contract under Howey is limited in scope. A class-action lawsuit was filed…

Banking regulators would be better for overseeing stablecoins than the SEC – Circle’s CEO

According to the Jeremy Allaire, CEO of Circle, banking regulators would probably be more effective in providing oversight for stablecoins. He also expressed his general agreement with the SEC’s proposal for a qualified custodian. During an interview with Bloomberg yesterday,…

Regulators oppose Binance.US and Voyager’s billion$ deal for being unlawful, with a focus on Voyager’s VGX token

Regulators from New York and federal finance have filed objections to the $1.02 billion deal proposed by Binance.US to acquire assets from the bankrupt crypto lender Voyager Digital.As per Feb 22 filings, it could be discriminatory and unlawful. As per…

Four New Criminal Charges Filed Against FTX Founder Sam Bankman-Fried

Former FTX founder Sam Bankman-Fried (SBF) is facing new charges that include operating an unlicensed money transfer business and involvement in bank fraud. The indictment alleges that SBF used his position of trust to steal FTX customer deposits and used…

A hidden cryptocurrency mining operation discovered inside Cohasset school

A former town employee from Cohasset, Massachusetts, named Nadeam Nahas, was scheduled to appear in court on Thursday as a suspect in an alleged cryptocurrency mining operation that was illicitly connected to the electrical system of Cohasset Middle High School.…

BITCOIN (BTC), ETHEREUM (ETH), SHIBA INU (SHIB), And KADENA (KDA)- Price Analysis For The Week

This week Bitcoin (BTC) is struggling near the $25000 price point, and Bitcoin is facing rejection at the weekly resistance area discussed last week. BTC is down 3.36% from today’s high. Many Altcoins along with BTC have fallen significantly. In this article,…

Crypto Executive Do Kwon Charged by SEC of Misappropriating Funds to Buy 10,000 Bitcoin

Do Kwon, a South Korean blockchain entrepreneur and co-founder of the Terra blockchain platform, has been accused by the U.S. Securities and Exchange Commission (SEC) of conducting an illegal securities offering and misappropriating funds. Dodgy ICO and Stolen Investor Funds…

Institutions Don’t See Value in Crypto – JPMorgan Survey

JPMorgan conducted an e-trading survey that involved 835 institutional traders from 60 locations. The survey aimed to get the views of traders regarding upcoming trends and hotly debated topics. The questions were not crypto-specific but rather aimed to get an…

Bitcoin tested the bottom, Bitcoin (BTC) weekly Price Analysis

Enough of Bitcoin bears, Bulls all set to take the charge, at-least based on market trends. There is a lot of confusion about bitcoin’s bottom among investors. Traders are looking at many different indicators and ignoring real price action and…