Summary: Morgan Creek Digital is reportedly looking to raise $250 million to counter FTX’s line of credit to BlockFi. The move resulted from one of FTX’s terms for the credit line to BlockFi, to wipe out...
Summary: EU legislators are estimated to finalize regulations on proof-of-mining crypto activities and unhosted wallets by the end of June. Such regulation will have enormous implications for the crypto industry in Europe and globally. The crypto...
Summary: Tether’s CTO, Paolo Ardoino, has identified a coordinated attack on USDT by traditional hedge funds shorting the stablecoin. According to Mr. Ardoino, the attack involves a new wave of FUD, trolling, clowns, and more. Mr....
Summary: John Bollinger has suggested that Bitcoin tagging the lower Bollinger Band on the monthly chart would be a logical place to put in a BTC bottom. However, he warned that Bitcoin is yet to tag...
Summary: The team at Celsius Network has debunked rumors that the project’s CEO attempted to flee the United States. Celsius Network representatives have spoken with two crypto media publications pointing out that all its team members...
Summary: Crypto community member, FatMan Terra, has suggested that Roger Ver is the high net worth individual who allegedly owes CoinFLEX $47 million. CoinFLEX has released plans to launch a recovery token to raise funds to...
Summary: Robert Kiyosaki has stated that he is waiting for Bitcoin to test $1,100 for him to buy some more. Mr. Kiyosaki also pointed out that if his target is not reached, he will wait for...
Summary: CZ believes Michael Saylor will get the last laugh in time over MicroStrategy’s consistent Bitcoin purchases. CZ was responding to news of MicroStrategy buying an additional 480 Bitcoins for $10 million. MicroStrategy now holds 129,699...
Summary: Tom Loverro has recommended crypto investors have enough cash to get through the next 30 to 36 months. According to his analysis, the crypto markets could go lower in 2022 and be flat in 2023....
El Salvador has recently purchased 80 Bitcoins. Nayib Bukele tweeted his support towards Bitcoin during its bear run,adding that Bitcoin is indeed the future. Despite the prices of Bitcoin plunging to new lows, El Salvador’s president...
Summary: KuCoin CEO, Johnny Lyu, has debunked rumors that the exchange will soon pause withdrawals. According to Mr. Lyu, KuCoin does not have direct exposure to collapsed LUNA, Three Arrows Capital, or Babel Finance. He further...
Summary: Three Arrows Capital has filed for Chapter 15 bankruptcy in New York 3AC filing for bankruptcy comes less than a week after a British Virgin Islands court ordered the hedge fund into liquidation. The financially...