Bitcoin Spikes, FED Chair Oozes Confidence in Taming Inflation
Bitcoin prices are moving higher following the U.S. FED decision to hike interest rates to tame rising inflation.
Bitcoin
Crypto News
Crypto News
Exchange
The SEC Investigating Coinbase for Listing Securities
Coinbase is reportedly being investigated by the U.S. SEC for listing digital assets the regular claim to be securities.
Crypto News
Regulation
White House, FED, Treasury Department, and all U.S. Government Employees with Exposure to Crypto cannot write on Crypto Policy
The U.S. Office of Government Ethics (OGE) now bans all government employees with crypto exposure from commenting on digital asset policy.
Crypto News
Exchange
FTX Has $2 Billion in Cash to Bailout Strategic Crypto Firms
FTX has $2 billion in cash and will offer credit lines to distressed strategic crypto firms to prevent a contagion.
Crypto News
DeFi
Centralized Crypto Lending Firms are to Blame for their Failure
Robert Leshner of Compound Finance has said centralized crypto lending firms are to blame for their failure and is good for DeFi protocols.
Crypto News
General
Voyager is Bankrupt but will Restructure Debts and Pay Creditors
Voyager has submitted its Chapter 11 bankruptcy filing in New York, declaring bankruptcy less than a week after suspending withdrawals.
Crypto News
Exchange
KuCoin (KCS) Token Crashed 25% after Insolvency Rumors
The native token of KuCoin, KCS, fell 25 percent last week after rumors of insolvency and possibility of the ramp suspending withdrawals.
Bitcoin
Crypto News
Crypto will Bottom once “Tourists” Leave
Tom Loverro, a former board member at Coinbase, has said the crypto bottom is not yet in, and prices will recover once “tourists” leave.
Crypto News
Exchange
FTX Founder: More Crypto Exchanges will Declare Bankruptcy
Sam Bankman-Fried, the billionaire founder of FTX, expects more turbulence in crypto after revealing that some exchanges are insolvent.
Crypto News
Regulation
SEC Chair: Bitcoin is the only Commodity
In a recent interview, Gary Gensler, the SEC Chair, said Bitcoin is the only cryptocurrency he would classify as a commodity.