Arthur Hayes to serve 2-year probation owning up to BitMEX’s AML mishap

Bringing closure to the long-awaited judgment related to the money laundering activities over the BitMEX crypto exchange, one of the four federal district courthouses in New York reportedly sentenced two-year probation and... Read more »

SEC Chair Gensler Warns a Lot of Crypto Tokens Will Fail Following LUNA, UST Collapse

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned that a lot of crypto tokens will fail and many crypto investors will get hurt following the collapse... Read more »

20% drop in the S&P 500 puts stocks in a bear market, Bitcoin and altcoins follow

Whoever coined the phrase “sell in May and go away” had brilliant insight and the performance of crypto and stock markets over the past three weeks has shown that the expression still... Read more »

‘The Great DeFi unwind’ sees Total Value Locked plummet to 10-month lows

Crypto YouTuber Lark Davis tweeted that ‘the great DeFi unwind’ is upon us. The great #defi unwind saw us go from 230 billion at the start of April, to 110 billion sitting... Read more »

Solana on the Verge of Major Price Movement

Key Takeaways Solana is up by more than 40% from the $36.20 low hit on May 12.  Still, the token appears to be locked in a consolidation pattern. An hourly close outside... Read more »

Cyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations

Cyprus has prepared its own legislation to regulate crypto assets and is likely to adopt it before Europe finalizes a common regulatory framework, a government official has indicated. The authorities in Nicosia... Read more »

Crypto veterans extend a helping hand to bear market newbies

As the bears take over and the markets slow down, Twitter user DeFi Edge asked crypto veterans, who experienced the bear market of 2018, what advice they would give to traders who... Read more »

Memes in red as Dogecoin and Shiba Inu shed over 80% of their ATH

Based on recent price performance, the crypto market is at its lowest ebb for the first time in a very long time. According to data on CryptoSlate, most meme coins have lost... Read more »

As the Market Bleeds, Bitcoin Dominance Hits Seven-Month High

Key Takeaways Bitcoin’s market cap dominance is holding above 45% for the first time since October 2021. The top crypto’s dominance over the market has surged since Terra’s implosion last week. Bitcoin... Read more »

Contrarian Bitcoin investors identify buy zones even as extreme fear grips the market

Bitcoin (BTC) support at the $30,000 level has proven to be quite resilient amidst the turmoil of the past two weeks with many tokens in the top 100 now showing signs of... Read more »