Regulation
Bittrex in SEC’s crosshairs as compliance lawsuits keep coming
Top blockchain and crypto news: Bittrex in SEC line of fire. Bored Apes fall after whale sale. Chinese banks court crypto clients.
Forkast.News
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Most recent
Bitcoin News
Bitcoin trades below US$29,000, Ether slips, as market eyes Europe’s MiCA vote
Bitcoin and Ether fell during afternoon trading hours in Asia on Thursday, while most other top 10 non-stablecoin cryptocurrencies by market capitalization strengthened. Crypto investors were cautious ahead of Europe’s vote on the Markets in Crypto Assets (MiCA) bill.
Zoltan Vardai
Bitcoin News
Crypto miner Bitdeer falls 35% since Nasdaq debut, reports net loss in 2022
Shares of Singapore-based cryptocurrency miner Bitdeer have slid more than 35% since their Nasdaq debut on April 14, and were trading at US$6.41 at closing on Wednesday.
Timmy Shen
Bitcoin News
Bitcoin falls below US$29,000, Ether slumps, U.S. equities stall on inflation concerns
Bitcoin slid below the US$29,000 mark on Thursday morning in Asia. Ether lost hold of US$2,000 in a sell-off across all top 10 non-stablecoin tokens.
Tom Zuo
NFT Marketplaces
Trump’s Series 2 sells out, tops daily NFT sales chart
Former U.S. President Donald Trump’s second set of NFTs sold out within the first 24 hours since launch, according to the project’s website.
Forkast.News
Regulation
Hong Kong court deems crypto as property, in ruling on defunct exchange Gatecoin
Hong Kong’s High Court has recognized cryptocurrency as property in a March 31 landmark ruling in a legal tussle involving defunct crypto exchange Gatecoin
Forkast.News
Bitcoin News
US chip giant Intel abandons Bitcoin ASIC production
Intel has announced it would shut down its Bitcoin mining chip production a year after launch.
Forkast.News
Bitcoin News
Bitcoin gains, holds above US$30,000; Solana, BNB biggest losers in top 10 cryptos
Bitcoin rose and traded above US$30,000 on Wednesday afternoon in Asia, while Ether fell along with most top 10 non-stablecoin cryptocurrencies by market capitalization. Solana lost the most, followed by Binance’s BNB token.
Pradipta Mukherjee
Regulation
U.K. could push out crypto regulation within a year: lawmaker Andrew Griffith
The U.K. could see digital asset regulation in the next 12 months as part of a push to turn the nation into a hub for digital assets, said economic secretary to the Treasury, Andrew Griffith
Forkast.News
Bitcoin News
Bitcoin to peak at US$42,000 in 2023, end the year above US$35,000: Finder survey
Bitcoin is expected to hit a high of US$42,225 in 2023 and close the year around US$35,485, according to a survey by Finder.
Tom Zuo
Regulation
United Arab Emirates opens licensing applications for cryptocurrency companies
UAE's Securities and Commodities Authority said Monday it has started accepting applications for operating licenses from cryptocurrency businesses.
Danny Park
Bitcoin News
Bitcoin reclaims US$30,000, Ether heads higher after grilling of SEC’s Gensler; Polkadot leads winners
Bitcoin rebounded above US$30,000 on Wednesday morning in Asia. All top 10 tokens rose after SEC chair Gary Gensler was criticized at a congressional hearing for his approach to digital assets.
Tom Zuo
Crypto Trading and Strategies
The true cost of zero-fee crypto trading is anything but zero
Nothing in life is free. Be wary of crypto exchanges that offer ‘free trading,’ and ask hard questions about how they make money, writes Ben Caselin of MaskEX.
Ben Caselin
NFT Marketplaces
Politics will be Trojan Horse for NFTs
Former President Donald Trump's NFT collection's floor price may be dropping, but media coverage may extend his profits from the digital trading cards.
Yehudah Petscher
Regulation
SEC’s Gary Gensler dodges question on whether Ethereum is a security
SEC Chair Gary Gensler did not give a direct answer when asked whether Ether is a security or a commodity at a congressional oversight hearing on Tuesday.
Valida Pau
NFT Marketplaces
Trump announces more NFTs but the first collection’s price tanks
Former U.S. President Donald Trump has announced a second drop of his NFT trading cards, but the first collection's price is sinking.
Forkast.News
Bitcoin News
Bitcoin slips, Ether inches above US$2,100
Bitcoin dropped on Tuesday afternoon in Asia but remained above US$29,000, while Ether and most top 10 non-stablecoin cryptocurrencies gained. Dogecoin and Solana fell on the day and rose on the week.
Pradipta Mukherjee
Altcoins
Ethereum inflows slow following Shanghai upgrade, exchanges see Ether influx
CoinShares data showed Ethereum-linked products saw little investment interest with inflows of around US$300,000 in the week ending April 14, accounting for a tiny portion of the total US$114 million weekly inflow into digital assets and despite the blockchain’s milestone upgrade last week.
Timmy Shen
Regulation
Bitcoin, Ether, other crypto fall as SEC waves big stick; Dogecoin gains; U.S. equity futures flat
Bitcoin, Ether and most other top 10 non-stablecoin cryptocurrencies dipped Tuesday morning in Asia after the SEC sued crypto exchange Bittrex on Monday.
Tom Zuo
Advanced Blockchain Technologies
Why trustless oracles are vital to Web3’s future
What are ‘trustless oracles,’ and how will they shape the development of the metaverse and Web3? Markus Levin of XYO and XY Labs explains.
Markus Levin