Cryptocurrency Analysis and News Portal
The United States Department of Justice (DoJ) has said it will double the number of staff on its crypto crime team established in 2021. The unit will add to its number of acting prosecutors and get a new leader.On July 20, the DoJ published the remarks made by Principal Deputy
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The crypto industry faced more scrutiny from regulators in the United States this past week, as the U.S. Securities and Exchange Commission (SEC) served both Coinbase and Binance.US with lawsuits regarding their operations. Amid the accusations from regulatory officials, the members of the crypto community have spoken out against the behavior
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Cameron Winklevoss, the co-founder, and CEO of New York-headquartered crypto exchange Gemini, has accused U.S. regulators of perpetrating double standards in handling the First Republic Bank crisis. According to Winkelvoss, if First Republic had been a “crypto bank” it would have been “assassinated weeks ago.”It is important to note that First
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The US Inflation Reduction Act propelled LG Energy Solution to an astounding income haul in its Q1 2023 results. LG Energy Solution Ltd recently posted its Q1 2023 earnings, revealing a more than double profit haul. For the first quarter of the year, the Seoul-based battery company posted a 145% jump
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Bitcoin (BTC) got busy testing $30,000 as new support at the April 11 Wall Street open after hitting new ten-month highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$30,000 surge decimates liquidityData from Cryptox Markets Pro and TradingView showed BTC/USD coming down from an overnight peak near $30,500.The pair had spent most
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"As bitcoin’s halving draws closer, our focus on operational efficiency, our technical expertise, and our treasury management strategy, will all play a crucial role in solidifying CleanSpark’s position among the top bitcoin mining companies in America," said Zach Bradford, CEO of CleanSpark. Original Source
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Bitcoin (BTC) is still on track to hit $180,000 in its next halving cycle, a longtime market participant said.In a new analysis published on March 3, Filbfilb, co-founder of trading suite DecenTrader, doubled down on his bullish BTC price outlook for the years ahead.Filbfilb keeps faith in Bitcoin halving cyclesWith BTC/USD
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Bitcoin (BTC) starts a new week in volatile territory, with news of an oil supply cut delivering a choppy start.Still caught at major historical resistance, BTC/USD delivered an unappetizing weekly close on news of oil production cuts.A subsequent rebound may show bulls’ mettle, but the question for analysts is what
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The price of Arbitrum (ARB) has dropped by nearly 20% a week after establishing its record high at $1.60 on March 23. However, the Ethereum layer-2 token looks set to resume its uptrend in the coming weeks.Polygon price fractalThe cues for a bullish Arbitrum token could be traced back to
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On March 10, the United States Securities and Exchange Commission ruled against a change that would allow investment manager VanEck to create a spot Bitcoin (BTC) trust. Commissioner Mark Uyeda joined his colleague Hester Peirce in releasing a statement criticizing the commission’s decision not to approve the listing and trading of
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