Crypto Markets Today: Bitcoin Falls Below $21K; Genesis Nears Bankruptcy Filing; Bitzlato Founder Arrested – CoinDesk

Crypto Markets Today: Bitcoin Falls Below $21K; Genesis Nears Bankruptcy Filing; Bitzlato Founder Arrested – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

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Crypto market win-streak comes to an end as Bitcoin slides to support at $20,800

Crypto market win-streak comes to an end as Bitcoin slides to support at $20,800

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – The cryptocurrency market saw a pullback in prices during trading on Wednesday as several major announcements – including the possibility that Genesis Global Capital will be forced to file for Chapter 11 bankruptcy protection – brought an end to the multi-day streak of price… Source link

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Crypto Technology’s Impact Goes Beyond Crypto Technology – CoinDesk

Crypto Technology’s Impact Goes Beyond Crypto Technology – CoinDesk

Now, I’m not a trading systems engineer or a blockchain developer, so there are parts of this framework I’ll probably get wrong, but the rails on which the assets move already exist, and on-ramps are not as hard to design now as they were a few years ago. Platforms have emerged that essentially offer a plug-and-play back-end for exchanges, and the ecosystem has evolved to allow a degree of modularity in constructing the necessary stack of services – wallets, custody,… Source link

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Bitcoin Falls From Multi-Month High, Crypto-Related Stocks Pull Back – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

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Crypto Markets Analysis: Bitcoin's Improving Health May Be Thanks to 'Dr. Copper' – CoinDesk

Crypto Markets Analysis: Bitcoin's Improving Health May Be Thanks to 'Dr. Copper' – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

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Ethereum price rally under question after ETH slams into resistance at $1.6K

Ethereum price rally under question after ETH slams into resistance at $1.6K

Ethereum (ETH) price is struggling to overcome resistance at $1,600 and this is the altcoin’s third attempt since September 2022. Some would say the 33% year-to-date rally could be interpreted as a failed opportunity to breach the $200 billion market capitalization mark.  Ether/USD price index, 2-day. Source: TradingView If Ethereum price were to break above $1,600, it would return Ether to a top-60 global tradable asset, surpassing giant multinational companies like Nike (NKE), Novartis… Source link

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Alleged Bitcoin Crook Heather ‘Razzlekhan’ Morgan Gets a Job

Alleged Bitcoin Crook Heather ‘Razzlekhan’ Morgan Gets a Job

Last February, crypto skeptics rejoiced over the arrest of a married couple, Heather Morgan and Ilya “Dutch” Lichtenstein, who were charged by federal prosecutors with attempting to launder billions of dollars of stolen bitcoin. Their haul was grand, having somehow come into 119,754 bitcoin from the 2016 hack of Bitfinex, the largest-ever crypto heist. But most of the attention gravitated toward… Source link

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Bitcoin gives up earlier gains as DoJ arrests Bitzlato founder; mining stocks slide

Bitcoin gives up earlier gains as DoJ arrests Bitzlato founder; mining stocks slide

alexsl Bitcoin (BTC-USD) gave up earlier gains on Wednesday as the U.S. Justice Department charged Anatoly Legkodymov, founder of cryptocurrency exchange Bitzlato, with money laundering and ransomware. Legkodymov was arrested last night and, if convicted, could face a maximum of five years in prison. Bitcoin (BTC-USD) started the day in the green, rising to a four-month high of $21.54K. It later gave up gains ahead of the DoJ announcement amid growing worries over ramped up regulatory… Source link

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ConsenSys Confirms Layoffs Amid 'Uncertain Market Conditions' – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

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Bitcoin and Ethereum correct as Bitzlato take down, tech layoffs and economic worries dominate headlines

Bitcoin and Ethereum correct as Bitzlato take down, tech layoffs and economic worries dominate headlines

Bitcoin (BTC) price and the wider crypto market corrected as news of coordinated “international cryptocurrency enforcement action” stirred up uncertainty among traders.  Given the number of black swan events and the proliferation of crypto-oriented scams in 2022, most investors expect United States and global regulators to eventually lay down a strong hammer on centalized exchanges and other businesses connected with the crypto sector. Crypto market daily price action. Source: Coin360 At… Source link

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