Eisenberg claimed his actions on the DeFi platform were legal and negotiated a “white hat” bug bounty after making off with over $100 million; the government is unconvinced. The United States Commodity Futures Trading Commission (CFTC) filed suit against self-described digital artist Avraham Eisenberg on Jan. 9, charging him with two counts of market manipulation...Continue Reading

The BTC futures premium remains a topic of concern, but it appears that traders are starting to price similar risks for the upside and downside. Traders might rejoice now that Bitcoin price ventured above $17,400, but twenty-seven long days have passed since Bitcoin (BTC) last breached the $17,250 resistance.  On December 13, after a two-week-long...Continue Reading

The entrepreneur faces eight criminal counts, which could result in 115 years in prison should he be convicted. Former FTX CEO Sam Bankman-Fried has pled not guilty to all criminal charges he’s facing, including wire fraud, securities fraud and violations of campaign finance laws. In total, the entrepreneur faces eight criminal counts, which could result...Continue Reading

The company claimed that no members of the BlockFi management team had withdrawn any crypto from the platform since October 2022. Crypto lending firm BlockFi has announced it will disclose information on its assets and liabilities as well as payments received prior to its bankruptcy filing in November. In a Jan. 9 Twitter thread, BlockFi...Continue Reading

The BTC price rose to three-week highs ahead of a highly anticipated U.S. CPI report later this week. Shares of publicly traded Bitcoin (BTC) miners surged on Jan. 9 as traders piled into equity markets amid growing bets that the United States Federal Reserve would soon be able to relax its aggressive fight against inflation. ...Continue Reading

Former Chinese Communist Party member Xiao Yi seemed to speak with a very subdued voice from what appeared to be prison, apologizing for supporting a Fuzhou crypto mining firm. Xiao Yi, the former Chinese Communist Party secretary of Fuzhou, has confessed to “acting recklessly” in support of crypto mining during a state-run television broadcast.  In...Continue Reading

Crypto “influencers” wield considerable influence over markets, particularly cryptocurrency markets — which hasn’t been positive for everyone over the last two years. The power that influencers have in affecting public perception and therefore causing alterations in the value of a product, service, asset or currency has increased to the point where they can crash or...Continue Reading

DXY is cooling off and crypto and equities are starting to heat up. Cointelegraph explores how BTC and altcoins could react to the current bullish momentum in the market. Investors across asset classes have been keeping a close watch on the United States Federal Reserve’s monetary policy because that sets the stage for a risk-on...Continue Reading

The bankrupt brokerage answered objections from a host of interested parties, claiming its information disclosures are adequate and so is its decision making. Bankrupt crypto brokerage Voyager Digital filed documents in United States court Jan. 8 in response to objections raised to the Binance US proposal to buy out its debt. Voyager announced it had...Continue Reading

Crypto markets flip green following the continuation of last week’s rally in equities, and SOL, XMR, LDO and AAVE could be ready to move higher. Bitcoin (BTC) has finally pushed above the $17,000 mark after rallying to $17,375 on Jan. 12.  with both the bulls and the bears eyeing the Consumer Price Index (CPI) due...Continue Reading