Bitcoin price hits 2-week low amid warning $22.5K loss means fresh dip

Bitcoin (BTC) stayed lower at the Feb. 9 Wall Street open as a sweep of local lows increased bets of a more serious comedown. BTC/USD 4-hour candle chart (Bitstamp). Source: TradingView Trader:... Read more »

US banking giant BNY Mellon says digital assets are ‘here to stay’

Michael Demissie, the head of digital assets at Bank of New York Mellon (BNY Mellon) is adamant that the cryptocurrency market fall in 2022 won’t waver institutional interest in digital assets.  At... Read more »

Genesis-backed Coin Cloud files for bankruptcy on its ATM network

Cryptocurrency ATM company Coin Cloud has filed for bankruptcy, according to a document submitted to Nevada’s bankruptcy court on Feb. 7. Coin Cloud has up to 10,000 creditors, according to the filing.... Read more »

YouTuber baits MMA fighter to promote fake NFTs: Nifty Newsletter, Feb. 1–7

In this week’s newsletter, read about how Yuga Labs settled a lawsuit with one of the creators of a copycat nonfungible token (NFT) collection. Learn how the Bitcoin Ordinals creator fixed the... Read more »

Britcoin CBDC touted as replacement to cash by Bank of England

The UK plans to impose a cap of between £10,000 to £20,000 ($12,017 to $24,033) for initial digital wallet holdings as it pushes forward with plans to introduce a Central Bank Digital... Read more »

CoinGecko and 21Shares propose global crypto classification standard

Major cryptocurrency data aggregator CoinGecko and crypto investment firm 21Shares have joined forces to launch a global standard for classifying various types of cryptocurrencies. On Feb. 8, CoinGecko and 21Shares released The... Read more »

US prosecutors seek postponement of fraud charges by CFTC, SEC against SBF

U.S. prosecutors have asked that the fraud cases against FTX founder Sam Bankman-Fried not proceed until the conclusion of the government’s criminal case against him, according to court documents. Damian Williams, the... Read more »

Bitcoin takes ‘lion’s share’ as institutional inflows hit 7-month high

Bitcoin (BTC) rebounding 40% in January sparked the largest inflows of institutional cash since June 2022, data shows. In its “Digital Asset Fund Flows Weekly” report on Jan. 30, digital asset investment... Read more »

Avalanche (AVAX) price is up, but do fundamentals support the rally?

Avalanche (AVAX) witnessed a meteoric start to 2023, gaining 98% in 30 days, and traders are now curious about whether the rally will extend throughout February. AVAX’s year-to-date gains for 2023 have... Read more »

Turkish watchdog stretches rules and allows crypto wallets to collect aid

A Turkish singer known for his charitable personality, Haluk Levent, reached out to the country’s financial watchdog (MASAK) and convinced them to allow collecting crypto donations to help with earthquake relief. Stretching... Read more »