Bitcoin traders say $40K is the ‘line in the sand’ after BTC and stocks sell-off
BTC price plummeted to $41,750 as global markets, stocks and altcoins corrected in the face of escalating tensions between Russia, the United States and Ukraine.
Aaron Wood
Cointelegraph releases Top 100 in Crypto and Blockchain 2023
The Cointelegraph team has scoured the deepest trenches of the blockchain world to find the most artistic, analytical and innovative out there to be featured in this comprehensive list of people and trends that shaped the industry in 2023 and…
Ukraine’s updated crypto bill kicks one ministry out as regulator
Ukraine’s parliament, the Verkhovna Rada, has approved some significant amendments in the country’s major cryptocurrency-related legislation known as the bill “On Virtual Assets.” The Ukrainian Rada passed the legislation in the second reading during a plenary session on Thursday, with…
Blockchain community busts alleged $20M NFT drop scam before sale completion
Late Wednesday, internet detective and Youtuber Coffeezilla published a new video documenting how himself, along with members of the blockchain community, took down an alleged $20 million nonfungible tokens, or NFT, scam before it could come to fruition. As told…
SEC chair hints at no spot Bitcoin ETFs yet, but cites ‘careful consideration’ for future
Gary Gensler, chair of the U.S. Securities and Exchange Commission, has responded to a letter from lawmakers calling the regulator denying approval of Bitcoin spot exchange-traded funds “unacceptable.” In a Tuesday letter from Gensler addressed to Minnesota Representative Tom Emmer,…
FBI is launching team to address crypto exploitation: US Deputy Attorney General
U.S. Deputy Attorney General Lisa Monaco has announced that the Federal Bureau of Investigation will be increasing efforts to address enforcement in the digital asset space with the formation of a new team. Speaking at the Munich Cyber Security Conference…
DCG leads $205M growth fund for The Graph
Blockchain data indexing protocol The Graph has launched a $205 million ecosystem fund to lure new developers to its platform, offering further evidence that venture capital firms were still keen to support growth funds centered around decentralized applications. The ecosystem…
Sequoia Capital launches crypto fund worth up to $600M
American venture capital firm Sequoia Capital has launched a new cryptocurrency fund as part of its ongoing efforts to bootstrap the next generation of promising crypto-focused startups. Bloomberg reported Thursday that Sequoia is allocating up to $600 million towards the…
Binance stopped ‘all activities focused on Israel’ following regulatory request: Report
Major crypto exchange Binance has reportedly halted activities and marketing to Israelis following a request from one of the country’s financial regulators over licensing. According to a Thursday report from Israel-based news outlet Globes, the Capital Market, Insurance and Savings…
Bitcoin extends decline below $42K ahead of fresh Fed comments on inflation
Bitcoin (BTC) fell further with stocks on the Wall Street open Thursday as nervous markets awaited further U.S. economic policy cues and battled geopolitical tensions. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Macro conditions stay grim for stocks, crypto Data…