Bitcoin analyst reveals new key levels as Ethereum price nears 3-week high
Fresh Bitcoin support and resistance levels crystalize amid an “extremely tight” trading range while ETH price action sets multi-week highs. Bitcoin (BTC) continued to work on cracking the $17,000 mark on Jan. 4 as an “extremely tight” trading zone held …
Israeli securities regulator moves to establish crypto legal framework
After tasking multiple committees over the years, the Israeli Authority is ready for public comment on its proposal of crypto legal framework The Israeli Securities Authority (ISA) proposes a framework for regulating digital assets as an increasing number of Israeli …
Indonesia to launch national crypto exchange in 2023: Report
The platform comes as a part of the plan to shift the regulatory oversight from the commodities agency to the securities authority. As a part of its reform of crypto regulation, Indonesia will create a crypto exchange in 2023, according …
Iran court orders the release of seized crypto mining equipment
Judicial rulings require Iranian authorities to release a part of the 150,000 crypto mining equipment previously seized due to energy concerns. Iranian authorities seized numerous crypto mining equipment over the past two years, citing stress on energy grids during winter. Now, …
Grayscale ETH trust nears record 60% discount as nerves continue over DCG
Grayscale’s Ethereum, Litecoin and Bitcoin Cash Trusts are at steep discounts as concerns whirl around Digital Currency Group’s liquidity. The Grayscale Ethereum Trust (ETHE) is trading at nearly a 60% discount to the underlying value of its assets, with shares …
100 crypto lobbyists prepare for the fight of their lives as Congress resumes
Battle lines are being drawn over crypto in Congress but industry executives remain optimistic. Cryptocurrencies will be a hot topic as the United States Congress resumes and the battle lines are drawn between lawmakers for and against the fledgling financial …
‘Binance is the crypto market’: Arcane crowns the exchange 2022’s winner
Following the fallout of FTX, implementing zero fee BTC trading and some notable global acquisitions Binance’s market dominance has surged throughout 2022. During a year plagued by crises such as the collapse of FTX and Celsius, data shows that crypto …
US Feds put together ‘FTX task force’ to trace stolen user funds
United States Attorney Damian Williams said the office is working “around the clock” to respond to the implosion of FTX. The United States Attorney’s Office for the Southern District of New York (SDNY) has formed the FTX Task Force to …
‘WTH did I just witness?’ Magic Eden turns porno after hosting service hacked
The NFT marketplace said the issue was caused by its third-party image hosting provider and assured users their NFTs were safe. Nonfungible token (NFT) marketplace Magic Eden had to assure users their NFTs “are safe” after a spate of pornographic …
Core Scientific shuts down 37K mining rigs it was hosting for Celsius
Core Scientific estimated that canceling the agreement with Celsius will provide $2 million in revenue per month as long as Bitcoin stays around $16,700. Bankrupt cryptocurrency lender Celsius Network agreed to let Bitcoin (BTC) miner Core Scientific shut off more …