BTC price risks $27K loss as Bitcoin trend lines brew ‘bullish cross’

Bitcoin (BTC) headed toward $27,000 after the May 11 Wall Street open as bulls failed to show strength. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price “rolls over” after brief recovery... Read more »

Nearly 400 Crypto Firms Lose Their Estonian Licenses Under New Rules

The majority of crypto companies attracted by the once favorable Estonian regulations have either abandoned or lost their licenses. According to the latest numbers released by the Baltic nation’s anti-money laundering bureau,... Read more »

False US government Bitcoin selling rumors trigger mild sell-off

In the last 24 hours, the cryptocurrency market cap saw net outflows of around $10 billion and currently stands at $1.13 trillion — down 0.36% from $1.14 trillion. During the period, Bitcoin... Read more »

Bitcoin miner Marathon Digital hit with another SEC subpoena

Bitcoin (BTC) miner Marathon Digital has disclosed that it received another subpoena from the United States Securities and Exchange Commission relating to its 100-megawatt data center in Hardin, Montana. According to Marathon’s... Read more »

Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years

Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues to account... Read more »

Binance chief strategy officer criticizes US crypto rules; exchange wants to be regulated in UK

Binance’s Chief Strategy Officer Patrick Hillman criticized the United States’ regulatory landscape during a live event on May 10. Hillman says U.S. is in a “weird place” Hillman said during the Financial... Read more »

Here’s why crypto prices are down

In today’s The Market Report episode, analyst and writer Marcel Pechman discusses why crypto prices are going down after Bitcoin (BTC) failed to break above $29,000, plus whether or not Jerome Powell... Read more »

Philippines Law Enforcement Busts Crypto Scam Center, Over 1,000 Human Trafficking Victims Rescued

Over 1,000 human trafficking victims were recently rescued from a “fraud factory” in Mabalacat, a town located nearly 90 kilometers northwest of Manila, Philippines law enforcement has said. Michelle Sabino from the... Read more »

Bitcoin trading up 80% at DBS Bank due to crypto crashes in 2022, says exec

Singapore government-owned megabank DBS is among the few companies around the world that reaped major benefits from massive cryptocurrency collapses in 2022. DBS Digital Exchange, DBS Bank’s institutional crypto trading platform, saw... Read more »

Bitcoin trades flat in mute market performance

In the last 24 hours, the cryptocurrency market cap saw net outflows of around $1 billion and currently stands at $1.14 trillion — down 0.06%. During the period, Bitcoin (BTC) and Ethereum’s... Read more »