Bitcoin’s Dominance Rate Surges After U.S. Banking Crisis
Bitcoin’s outperformance during the banking crisis indicates the cryptocurrency is the anti-dollar liquid play for investors, one portfolio manager said.
Read More‘WallStreetBets’ Themed Tokens Plummets 90% as Insider Dumps Treasury Holdings
WSB prices fell sharply as the apparent token sale by insiders led to token holders dumping holdings en masse.
Read MoreBitcoin Could Rally 20% to Around $36K: Matrixport
The Fed’s latest interest rate hike may be the last for this cycle, which could set the market up for another strong rally, the report said.
Read MoreFirst Mover Asia: Bitcoin Recovers From Fed Dip
PLUS: The Madlads hype appears to be over, although it hasn’t dragged down the price of Solana. Cryptos return to positive territory.
Read MoreCoinbase to Stop Issuing New Loans Via Coinbase Borrow
May 10 is the final day customers will be allowed to take out new loans through Coinbase Borrow.
Read MoreU.S. SEC Changes Its Mind on Officially Labeling Digital Assets
The U.S. Securities and Exchange Commission (SEC) took one small step backwards in regulating the crypto sector on Wednesday, when it deleted what would have been its first formal definition
Read MoreEx-OpenSea Exec Convicted of Wire Fraud, Money Laundering in Insider Trading Case
Nate Chastain, the former head of product at non-fungible token (NFT) platform OpenSea, was convicted of money laundering and wire fraud in a New York court on Wednesday, according to
Read MoreBitcoin Rises as Latest Teetering U.S. Bank Sends Traders to Crypto Haven
The California-based regional lender is weighing strategic options, according to Bloomberg.
Read MoreFTX Seeks to Claw Back Nearly $4B in Ongoing Bankruptcy Case
Bankrupt crypto exchange FTX wants to claw back nearly $4 billion in funds from similarly bankrupt Genesis Global Capital, the company said in a court filing Wednesday.
Read MoreBitcoin Falls Slightly After Fed Rate Hike
BTC was down about 1% after the U.S. central bank boosted the Federal Funds rate by 25 basis points. Fed Chair Jerome Powell noted that the central bank had omitted
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