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Business — Page 285

Bitcoin Enters High-Risk Zone Signal for New All-time High

Crypto analysis platform Glassnode has raised concerns about several on-chain indicators assessing the value of Bitcoin (BTC), suggesting that the cryptocurrency may be entering the initial phases of a bull market.

Feb 12, 20242 min read

Crypto Bull Run Coming as Trading Volume Hits Peak

Centralized cryptocurrency exchanges witnessed a notable surge in spot trading volume, marking the fourth consecutive month of increase and reaching levels reminiscent of those seen in June 2022.

Feb 8, 20242 min read

SEC New Rule Expands Crypto and DeFi Oversight

The United States SEC enacted rules on February 6 that will compel a broader array of market participants to register with the commission, align with a self-regulatory body, and adhere to federal securities laws and r…

Feb 7, 20242 min read

Crypto Firm Fireblocks Cuts Workpool Over Restructuring

Fireblocks, a provider of crypto custody platforms, implemented a restructuring plan on Tuesday to reduce its workforce. This move comes amid ongoing layoffs in the tech industry, with 32,000 job losses this year.

Feb 7, 20242 min read

Treasury Secretary Yellen Reiterates Anti-Crypto Sentiments

Treasury Secretary Janet L. Yellen is gearing up to address substantial concerns surrounding AI and digital assets during her appearance before the Committee on Financial Services of the U.S. House of Representatives …

Feb 6, 20242 min read

China Unveils New Crypto Mining Restrictions

Recent developments from Beijing, China, have unveiled an updated energy conservation implementation plan, signaling a heightened crackdown on cryptocurrency mining operations within the country.

Feb 4, 20242 min read

Pushd Crypto Acquires Bitcoin Cash and Cardano Holders

As Cardano (ADA) experiences a downward trend, some Bitcoin Cash (BCH) holders are growing increasingly concerned about the cryptocurrency's volatility. This apprehension has prompted them to explore potential alterna…

Feb 4, 20242 min read

OPNX Crypto Trading Platform Announces Shut Down This Month

OPNX, or Open Exchange, a bankruptcy claims and crypto exchange, revealed it would shut down its platform this month. The company said users have until Feb. 7 to settle all transactions and withdraw their assets by Fe…

Feb 4, 20242 min read

DOJ Says FTX's Missing $400M Hacked in Sim-swap Modus

When more than $400 million worth of crypto was mysteriously pulled out of the coffers of what was once the world's biggest cryptocurrency exchange, FTX, on the very day that it declared bankruptcy in November of 2022…

Feb 4, 20242 min read
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