BTC bulls are positioned to win this week’s $1 billion options expiry, but the market’s post-FOMC reaction could alter their plans. Bitcoin’s (BTC) price has been trading above $22,500 for 12 days. Of course, this situation can change even if Federal Reserve chair Jerome Powell issues positive statements about the economy in today’s post-FOMC presser. ...Continue Reading

The decision did not address the question of whether the 79 tokens in questions were securities, but dismissed claims based on the Securities and Exchange Acts. A proposed class action suit against cryptocurrency exchange Coinbase, Coinbase Global and CEO Brian Armstrong alleging unregistered securities sales was dismissed in the United States District Court of Southern...Continue Reading

The documentary will examine the dynamic relationship between Sam Bankman-Fried and Binance founder Changpeng Zhao. The FTX saga and the developments that led to the crypto exchange’s collapse will be framed in a new documentary focusing on the volatile relationship between Sam Bankman-Fried and one of his fiercest critics, Binance founder Changpeng Zhao. According to...Continue Reading

Solend is a DeFi lending and borrowing protocol on Solana, noted for its high scalability and composability. Solend is a decentralized lending and borrowing protocol built on Solana. It is lauded for expanding the methods available for Solana users to boost financial gains. Filling a large gap in the Solana ecosystem, Solend drew a staggering...Continue Reading

The government department said it would impose “full blocking sanctions” on Jonatan Zimenkov and his crypto addresses due to his connections with a sanctions evasion network. The Office of Foreign Assets Control of the United States Department of the Treasury has added two cryptocurrency wallets allegedly connected to a Russian sanctions evasion network as part...Continue Reading

Grocery retailer Pick n Pay is expanding its Bitcoin coverage to all stores in the country following a three-month pilot testing phase. The South African grocery retailer Pick n Pay is expanding its Bitcoin (BTC) coverage to all 1,628 stores across the country following a three-month pilot testing phase in 39 locations.  As part of...Continue Reading

Crypto traders are waiting for the result of today’s FOMC and it’s possible that the recent downside could reverse course if Powell’s statements hint at an improving U.S economy. Bitcoin (BTC) gained about 40% in January, its best finish in the first month of the year since 2013. The sharp rally caused a change in...Continue Reading

Should the Federal Trade Commission not appeal the ruling, Meta would likely be able to acquire additional companies offering metaverse-related products or services. A federal judge in the United States has reportedly given approval for tech giant Meta to move forward on acquiring a virtual reality company. According to a Feb. 1 report from Bloomberg,...Continue Reading

At its inception, the defense fund will receive a budget of $5 million held in the DAI stablecoin. According to a new social post on Feb. 1, Maker decentralized autonomous organization, or MakerDAO, has approved the creation of a new fund dedicated to expenses related to legal defense.  MakerDAO is the issuer of the DAI...Continue Reading

Sam Bankman-Fried could also be barred from accessing FTX and Alameda funds as part of his bail conditions, with a judge scheduled to discuss the matter in a Feb. 7 hearing. A federal judge presiding over the criminal case against former FTX chief executive officer Sam Bankman-Fried has ordered he not have any contact with...Continue Reading