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Bitcoin
BlockFi used customer money to buy $30M insurance, creditors claim
Disgruntled creditors of the bankrupt cryptocurrency lending firm BlockFi have submitted a new court filing in response to the company’s latest restructuring…
US Secret Service has an NFT collection: Nifty Newsletter, May 10–16
In this week’s newsletter, read about the United States Secret Service’s nonfungible token (NFT) collection, and how Elon Musk’s tweet caused a surge in an NFT…
Bitcoin Lightning company River raises $35M amid new wave of institutional adoption
The tide might have gone out on Bitcoin Ordinals, but there’s a strong undercurrent of investments in Bitcoin-only companies. River, a United States-based Bitcoin…
Bitcoin price capitulation below $26K increases as Friday’s BTC options expiry looms
Bitcoin (BTC) price lost steam after a failed rupture of the $27,500 resistance on May 15, putting bears in a better position for the May 19 expiry. The…
‘Trusted’ marketplace sold fake Trezor wallets stealing crypto — Kaspersky
Amid the rising popularity of hardware cryptocurrency wallets, the Russian cybersecurity firm Kaspersky has reminded users about the importance of using authentic…
‘One of the greatest’ Bitcoin metrics says BTC price bull run is here
Bitcoin (BTC) is entering a new “speculation cycle” typical of a bull run, new analysis says.In a tweet on May 16, Philip Swift, creator of data resource…
Tether to buy Bitcoin based on monthly net profits
Tether, the company behind the largest stablecoin Tether (USDT), is following in the footsteps of MicroStrategy to manage its reserves. The stablecoin issuer…
Watch these BTC price levels as Bitcoin threatens to lose $27K support
Bitcoin (BTC) looked poised to give up $27,000 as support on May 17, with traders waiting for new lows.BTC/USD 1-hour candle chart on Bitstamp. Source:…
Valkyrie Leveraged Bitcoin Futures ETF gets inspiration from TradFi memes
In its latest futures-based exchange-traded fund (ETF) filing, Valkyrie Funds utilizes one of the popular memes from the financial Twitter community, known as…
Crypto retail trading should be regulated as gambling: UK lawmakers
The trading of so-called “unbacked cryptoassets” such as Bitcoin (BTC) and Ether (ETH) should be regulated as gambling rather than a financial service, a panel of…