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Pro-Bitcoin Miami Mayor Francis Suarez Joins Race for 2024 US Presidential Election

June 15, 2023 0

Another politician entered the race for America’s presidential election in 2024, and unlike the Democratic incumbent, Joe Biden, and the Republican, Donald Trump, this candidate is crypto-friendly. Miami mayor Francis X. Suarez filed to run as a Republican, according to his recent Federal

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Custodian Prime Trust’s Payments Subsidiary Banq Files for Chapter 11 Bankruptcy Protection

June 14, 2023 0

Shortly after the custodian Bitgo announced its acquisition of the company Prime Trust, its payments subsidiary, a firm called Banq, filed for Chapter 11 bankruptcy protection in the United States. According to court documents, the filing reveals that Banq listed approximately $17.725 million in assets and around $5.4 billion in liabilities. Banq’s Bankruptcy Filing

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Coinbase Cold Wallet Stir: Rumors and Misinformation Surround Significant Ethereum Transfer

June 14, 2023 0

On June 13, 2023, several individuals discovered a significant transfer of Ethereum (ETH) that had remained dormant for a few years. While the observers believed the funds were being deposited into Coinbase, they shared this information on social media to highlight the unusual occurrence. However, despite the speculation, it was soon clarified that the transfer […]

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Fed Pauses Interest Rates After 10 Consecutive Hikes; Committee Likely to Raise Rates ‘Somewhat Further’ This Year

June 14, 2023 0

In accordance with market predictions, the U.S. Federal Reserve decided to halt its rate hike this month after ten consecutive hikes since last year. The members of the Federal Open Market Committee (FOMC) asserted that the U.S. banking system is still “sound and resilient,” and the committee continues to closely monitor inflation risks. Federal Reserve […]

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Judge Postpones Asset Freeze as Binance US and SEC Agree to Work on Deal

June 14, 2023 0

A judge in Washington decided to give Binance US and the Securities and Exchange Commission (SEC) time to work out a deal to avoid the freezing of the exchange’s assets. The two sides are close to an agreement that will protect customer funds without paralyzing the crypto trading platform. Crypto Exchange Binance US and SEC […]

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Biggest Movers: XRP 9% Lower, as Price Falls From 10-Week High

June 14, 2023 0

XRP plunged by over 9% on Wednesday, as traders moved to secure profits following a recent ten-week high. This decline comes as overall market sentiment remains bearish, following last week’s actions by the U.S. Securities and Exchange Commission (SEC). Cardano was also back in the red today. XRP XRP, formerly ripple, dropped by over 9% […]

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Bitcoin Mining Difficulty Reaches Unprecedented Highs Amidst Challenging Market Conditions

June 14, 2023 0

On Wednesday, June 14, 2023, at block height 794,304, the Bitcoin network recorded its third consecutive mining difficulty increase since May 18. The mining difficulty climbed by 2.18%, bringing the overall difficulty to another unprecedented high at 52.35 trillion. Bitcoin Mining Difficulty Hits All-Time High Amidst Price Dip Bitcoin’s mining difficulty experienced yet

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Unite and Prosper: BitFuFu’s Collaborative Approach Empowers Miners Worldwide

June 14, 2023 0

PRESS RELEASE. During the Blockchain Pizza Festival held from May 22nd to May 31st, BitFuFu organized an exciting “Team Up, Mine More” event that attracted the attention and participation of many miners. This special event showcased BitFuFu’s commitment to delivering exceptional mining experiences and garnered significant attention from influential mining Key Opinion

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Bitcoin, Ethereum Technical Analysis: BTC, ETH Remain Oversold Ahead of Today’s Fed Rate Decision

June 14, 2023 0

Bitcoin fell below a key resistance level on Wednesday, as markets prepare for the upcoming U.S. Federal Reserve interest rate decision. It is expected that the Fed will keep interest rates unchanged at 5.25%. Ethereum remained below $1,800 in today’s session. Bitcoin Bitcoin traded below a key price ceiling in today’s session, as traders began […]

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Crypto Exchange Thodex Founder Denies Fraud Charges in Turkey

June 14, 2023 0

The founder of failed cryptocurrency exchange Thodex has denied all fraud-related allegations in a Turkish court. The crypto entrepreneur was handed over to Turkey by Albanian authorities earlier this year to face charges for his leading role in running the now defunct platform. Alleged Crypto Fraudster Faruk Ozer Claims He Was Framed in Thodex Case […]