Hong Kong police recover $11M worth of assets in JPEX case: Report

Hong Kong security chief Chris Tang Ping-keung has vowed to bring justice to people who fell victim to the JPEX crypto exchange fraud, local media has reported. The security chief’s office on... Read more »

SEC delays decision on ARK 21Shares proposed spot Bitcoin ETF until January 2024

In a filing dated Sept. 26, the U.S. Securities and Exchange Commission (SEC) deferred its decision on a major spot Bitcoin exchange-traded fund (ETF), causing further delay to the final verdict on... Read more »

AirBit Club ‘ponzi’ co-founder gets 12 years prison

The co-founder of AirBit Club — a cryptocurrency pyramid scheme that swindled investors of over $100 million — has been sentenced to 12 years in prison for his role in a $100... Read more »

Do Bitcoin halvings spark BTC price rallies, or is it US Treasurys?

The relationship between Bitcoin’s price and U.S. Treasury yields has long been considered a strong indicator due to historical data and the underlying rationale. Bitcoin halvings vs. 10-year Treasury yields In essence,... Read more »

Chase to block UK customers crypto-related transactions from October 16

Digital banking giant Chase U.K. said it will “decline” crypto-related payments made by its users starting October 16. In emails sent to customers and obtained by CryptoSlate, the bank stated that its... Read more »

Bitcoin price at risk? US Dollar Index confirms bullish ‘golden cross’

The Dollar Strength Index (DXY) achieved its highest level in nearly 10 months on Sept. 22, indicating growing confidence in the United States dollar compared to other fiat currencies like the British... Read more »

SEC objects to Coinbase’s proposed role in Celsius bankruptcy plan

The U.S. Securities and Exchange Commission (SEC) on Sept. 23 filed an objection to part of a reorganization plan advanced by bankrupt crypto firm Celsius. That filing indicates that Celsius aims to... Read more »

Bitcoin price fights for $26K as US dollar strength hits 10-month high

Bitcoin (BTC) hugged $26,000 at the Sept. 24 Wall Street open as a weekly close “nosedive” brought lasting consequences. BTC/USD 1-hour chart. Source: TradingView Bitcoin must preserve support now, analysis says Data... Read more »

Hong Kong ramps up crypto business transparency after JPEX blowup

Hong Kong’s Securities and Futures Commission (SFC) has introduced new measures to enhance investors’ education following the JPEX debacle. In a Sept. 25 statement, the financial regulator announced its intention to publish... Read more »

MicroStrategy buys $147M worth of Bitcoin, now holds 158K BTC

MicroStrategy, a business intelligence firm and major Bitcoin (BTC) investor, is sending a bullish signal to the market by announcing the acquisition of another big stash of cryptocurrency. Michael Saylor, co-founder and... Read more »