BTC forming bottom akin to 2018 with one key difference: Bloomberg analyst

Mike McGlone, Bloomberg’s senior commodity strategist, believes Bitcoin (BTC) could be developing a  “bottom” in the same way it did prior to 2019’s bull run but said there is a major difference... Read more »

Authorities in Germany, Bulgaria, Serbia, Cyprus Take Down Crypto Scam Network

Authorities in Germany, Bulgaria, Serbia, and Cyprus have taken down a cryptocurrency scam network in collaboration with Europol. “The suspects used advertisements on social networks to lure victims to websites covertly operated... Read more »

Digital euro can’t be programmable: Eurogroup

The European Council’s Eurogroup said on Jan. 16 that any eventual digital euro cannot be programmable and must be automatically convertible to traditional assets. Digital euro must not be programmable The Eurogroup... Read more »

Bitcoin price breakout or bull trap? 5K Twitter users weigh in

Bitcoin (BTC) is trading at its highest levels in over two months, but the phrase on every trader’s lips is “bull trap.” After delivering 25% returns in a single week, BTC/USD remains... Read more »

Korean Court Orders Crypto Exchange to Pay Customers Suffering From Service Outage

South Korea’s supreme court has upheld the ruling for Bithumb, the country’s largest cryptocurrency exchange, to pay damages to more than a hundred customers who filed a lawsuit claiming they suffered financial... Read more »

FTT surges 48%; other bankrupt tokens also rise

Bankrupt FTX’s native token FTT is one of the best-performing digital assets in the last 24 hours, surging by over 48% to $2.58, according to CryptoSlate’s data. The embattled exchange token has... Read more »

Community split between capped supply and deflationary model

Bitcoin (BTC) and Ether (ETH), the top two cryptocurrencies by market capitalization have always been pitted against each other. With the start of the new year, the first debate has surfaced comparing... Read more »

Bitcoin Network’s Mining Difficulty Rises to All-Time High, Making Block Discovery More Challenging

Bitcoin’s mining difficulty printed a record increase on Jan. 15, 2023, rising 10.26% to 37.73 trillion at block height 772,128. The network’s difficulty is now at an all-time high. This means, on... Read more »

Scaramucci to invest in crypto firm founded by former FTX US boss

SkyBridge Capital founder Anthony Scaramucci is investing in a crypto company founded by the former president of FTX US. Scaramucci told Bloomberg in an email that he would be investing his own... Read more »

Shift toward Liquid Staking Derivatives expected after ETH Shanghai upgrade

The Ethereum (ETH) Shanghai upgrade is due to release March, enabling withdrawals from beacon chain and allowing ETH currently staked in ETH 2.0 validators to be unstaked. With over 70% of ETH... Read more »