Crypto collapses generate hundreds of millions of dollars for lawyers
Lack of cryptocurrency regulations have made the legal work on crypto bankruptcies more difficult and expensive, FTX lawyers said.
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Salvadoran teenager becomes Bitcoin teacher, no longer earning ‘6 dollars a day’
18-year-old Gerardo Moran explained in a series of tweets his journey back to his former high school in El Salvador, where he is now teaching senior professors about Bitcoin.
Dollar’s sharp recovery puts Bitcoin’s $25K breakout prospects at risk
Persistent inflation and a strong labor market create conditions for more Fed rate hikes in 2023, which may push Bitcoin down against the U.S. dollar.
GBTC approval could return a ‘couple billion dollars’ to investors: Grayscale CEO
Grayscale Investments' boss, Michael Sonnenshein, said that if GBTC got the green light to "convert" to a spot BTC ETF there would "no longer" be a discount or a premium, amid ongoing legal action against the SEC.
Binance to temporarily suspend bank transfers in US dollars beginning Feb. 8
The announcement came without warning two days in advance, but it does not apply to Binance.US users, so only 0.01% of active users will be affected.
U.S. home-loan banks lent billions of dollars to crypto banks: Report
Signature Bank and Silvergate reportedly borrowed over $13 billion from the federal home loan system.
Andreessen Horowitz loses billions of dollars but remains faithful to crypto
a16z’ general partner Chris Dixon focuses on the entrepreneurial and developers’ activity, not on the prices.
Bitcoin Reclaims $19,500 As Dollars Plummets, Will BTC See More Upside?
Bitcoin has displayed some strength during today’s trading session after re-visiting the bottom of an important trendline. The benchmark crypto has been trading in a tight range, between $18,600 and $19,500, but the monthly close might support a spik...
Salvadoreans are now selling ‘way more’ US Dollars to buy Bitcoin
President Bukele confirms that Chivo has reported 24,076 remittance requests, which has added up to $3,069,761.05 in one day.
Coinbase removes ‘backed by US dollars’ claim for USDC stablecoin
The Coinbase website now states that USD Coin is “backed by fully reserved assets,” contrary to the now-removed claim of “backed by U.S. dollars in a bank account.”