News
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Why is Bitcoin price down today?
- December 1, 2023
- Posted by: MasterAdmin
- Category: Cointelegraph
No Comments
Bitcoin price is down today as U.S. regulators crack the whip on centralized exchanges and BTC retests the key $37,500 level.
Bitcoin (BTC) price encountered resistance at $38,400 on Nov.
Binance is not an outlier: multiple exchanges are on the hook
The intense investigation by the Securities and Exchange Commission (SEC) into Binance.US and its former CEO, Changpeng Zhao, continues to worry cryptocurrency investors.…
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Digital Currency Group and Genesis Global Reach Bankruptcy Agreement: Court Docs
- December 1, 2023
- Posted by: MasterAdmin
- Category: The Daily Hodl
Venture capital firm Digital Currency Group (DCG) and its bankrupt subsidiary Genesis Global have struck a new agreement to settle an ongoing legal battle.
A new filing with the US Bankruptcy Court for the Southern District of New York says that in September, Genesis filed a lawsuit to recover approximately $627 million in loans owed to it by DCG and its affiliate DCG International Investments (DCIG) that matured in May 2023.…
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Huge Crypto Losses of $225 Million In November Following CZ’s Departure
- December 1, 2023
- Posted by: MasterAdmin
- Category: ZyCrypto
In a surprising turn of events, the crypto market recently took a big hit in November, with losses of over $225 million in a single day. The cause? Changpeng Zhao (CZ), the CEO of Binance, the world’s biggest crypto exchange, unexpectedly stepped down.
Selling Pressure & Losses Breakdown
The crypto world went into a tailspin when news broke of CZ leaving after a court settlement.…
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U.S. Deputy Treasury Secretary Wally Adeyemo Warns Crypto Industry To Take Action Against Illicit Finance
- December 1, 2023
- Posted by: MasterAdmin
- Category: The Daily Hodl
U.S. Deputy Treasury Secretary Wally Adeyemo is issuing a warning to the crypto industry, saying it must crack down on illicit finance.
Speaking at the 2023 Blockchain Association Policy Summit, Adeyemo says that the digital assets industry should self-regulate against illegal financial activities or regulators will have to clamp down even harder on the nascent sector.
“[The crypto industry has] the capacity to build new tools that help prevent money laundering while continuing to provide legitimate protections to individuals.…
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Shiba Inu Predictions of ‘$0.001 SHIB’ Price Beckons Amid Massive SHIB Burn And Rising Institutional Volume
- December 1, 2023
- Posted by: MasterAdmin
- Category: ZyCrypto
Shiba Inu, the self-proclaimed “Dogecoin killer,” had taken the cryptocurrency world by storm in the last bull run, captivating investors with its meme-centric approach and impressive price trajectory. However, given the recent market action, many are left wondering what the future holds for the canine-themed coin.
The SHIB token currently trades at $0.000008217, with the 24-hour trading volume and market cap hovering at $295 million and $4.8 billion, respectively.…
