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

Chairman Cho Kook-bong will also take over a majority of shares previously held by co-founder Leon Li. Local media reported Jan. 9 that cryptocurrency exchange Huobi Korea is preparing to purchase its shares from Huobi Global and change its name. About 72% of shares in Huobi Korea are owned by Huobi Global cofounder Leon Li....Continue Reading

Ethereum’s price is up today with most options traders anticipating a run toward $3,500-$4,000 before April 2023. Ethereum’s native token, Ether (ETH), rose to three-week highs, rallying in lockstep with the broader  cryptocurrency market, as well as stocks.  ETH price rises to three-week highs On Jan. 9, the ETH’s price rose 2.85% to cross above $1,325...Continue Reading

Institutional demand for Bitcoin and other crypto assets has waned due to the bear market. Digital asset manager Osprey Funds has reportedly laid off most of its staff since the summer, underscoring the ongoing operational challenges posed by crypto’s enduring bear market.  Yahoo Finance reported on Jan. 9 that Osprey Funds is currently operating with...Continue Reading

Christophe De Beukelaer considers his experiment successful, as he raised awareness among the local lawmakers. At the end of January 2022, member of the Belgian parliament Christophe De Beukelaer became the first European politician to convert his salary to Bitcoin (BTC). Celebrating the anniversary of this experiment, Cointelegraph reached out to a lawmaker to know...Continue Reading

The Justice Department said it had seized 55,273,469 shares of Robinhood and more than $20 million in U.S. currency as part of the criminal case against Sam Bankman-Fried. The United States Department of Justice has officially notified the court handling the bankruptcy of BlockFi that it has seized assets in accordance with criminal cases against...Continue Reading

Many popular cryptocurrency trading platforms, including Kraken and Coinbase, have recently initiated a fresh round of firings. There’s no denying that the crypto market has been gripped by immense bearish pressure over the past year, as made evident by the fact that the total capitalization of this sector has continued to hover below the $900...Continue Reading

The “Godfather” malware is also known to target 110 cryptocurrency exchange platforms and 94 cryptocurrency wallet apps. Financial authorities in Germany are raising the alarm amid the rapid spread of a new financial malware affecting banking and cryptocurrency applications. Germany’s Federal Financial Supervisory Authority (BaFin) released an official statement on Jan. 9, warning consumers of...Continue Reading

The Metropolitan Bank Holding Corp, the holding company for Metropolitan Commercial Bank, says it’s completely exiting its crypto-asset-related vertical. The last year proved to be another turbulent year for the crypto industry. From a lasting market downturn and exploits in decentralized finance (DeFi) to the FTX scandal, no area was left unscathed. For some, the...Continue Reading

Hong Kong is doing its best to provide an appropriate amount of supervision to the crypto market in order to release the potential of technologies like Web3. The government of Hong Kong remains committed to the development of cryptocurrency infrastructure despite the ongoing industry crisis triggered by the FTX collapse. According to Hong Kong’s financial...Continue Reading