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2021-12-13 21:00:03 ​ SEC filed a lawsuit over suspicions about the connection of ex-officials with Ethereum
The human rights non-profit organization Empower Oversight has demanded from the SEC to disclose documents concerning a potential conflict of interest in the actions of former high-ranking officials.
The lawsuit is filed in the Judicial District of Virginia.
The plaintiff is requesting access to the documents in accordance with the Freedom of the Republic Act (FOIA).
"Statements of some former advisers about whether cryptocurrencies are securities and, therefore, there may be serious questions about the existence of a conflict of interest," the lawsuit says.

Hackers withdrew more than $ 77 million from hot wallets of the AscendEX bitcoin exchange
Singapore-based cryptocurrency exchange AscendEX reports a hack of Ethereum, Polygon and Binance Smart Chain (BSC) hot wallets.

“We have submitted that ERC-20, BSC and Polygon tokens have been withdrawn from our hot wallet. Cold wallets are not affected. The investigation continues”, the company said in a statement.
AscendEX has also promised to compensate all users lost funds, but at the time of writing did not specify the amount of damage. Open / Comment

2021-12-07 10:58:21 ​Cryptocurrency Cardano has grown by 11%

Cardano was trading at $ 1.4521 at 10:02 AM (07:02 GMT) on the Investing.com Index on Tuesday, up 10.79% on the day. This was the sharpest daily rise in cryptocurrency since December 2.
This rise pushed Cardano's market cap to $ 48.3910B, 2.03% of the market cap of all cryptocurrencies. Earlier, at its peak, Cardano's capitalization was $ 94.8001B.
In the past 24 hours, Cardano has traded in a range of $ 1.4199 to $ 1.4744.

Over the past 7 days, Cardano has seen a drop in volume, as it shed 7.25%. The volume of Cardano in the last 24 hours was $ 2.7307B or 1.96% of the total volume of cryptocurrencies. It has traded in a range of $ 1.1972 to $ 1.7565 in the past 7 days.
Currently, Cardano's price is still below 53.14% of its $ 3.10 peak, which was reached on September 2. Open / Comment

2021-12-03 21:00:05 ​Ethereum ‘about to go parabolic’ against Bitcoin as analysts weigh BTC bear case.

ETH/BTC stays near its highest since 2018, but that’s nothing compared to its next move, one trader believes.
Ethereum’s Ether token (ETH) is due to launch a “parabolic” attack on BTC to beat all-time highs, one analyst believes.

ETH/BTC sitting near three-year highs — but its next move should be even stronger.
Ether against Bitcoin (BTC) is one of the few bullish narratives in the short-term crypto markets this month.
In a tweet on Dec. 3, popular Twitter account Galaxy reinforced optimistic predictions for the largest altcoin, even suggesting that ETH/BTC is about to eclipse its already strong performance with a vertical move.
“I’ve been waiting and publicly charting ETH/BTC on the big picture for years, and now we are finally here,” he told followers alongside a predictive chart. 

2-week predicts “crazy” ETH move Open / Comment

2021-11-30 21:00:07 ​__Crypto.com__ and Silvergate enable institutions to buy and sell crypto with USD
Silvergate is a major crypto bank known for assisting the launch of El Salvador’s crypto wallet Chivo.
Major cryptocurrency exchange Crypto.com continues expanding its crypto on-ram and off-ramp solutions with a new partnership with the California state-chartered bank Silvergate.
Crypto.com announced on Tuesday that it is working with Silvergate to allow institutional clients to deposit and withdraw from the exchange using the U.S. dollar (USD).
According to the announcement, bank transfers to and from the Crypto.com exchange are now available for institutional investors. With the help of Silvergate, institutional clients can transfer USD between their bank accounts and Crypto.com with no fees.
The new feature is enabled through the Silvergate Exchange Network, a payments platform enabling users to instantly send U.S. dollars at any time of the day. The feature will be available to institutional clients in all exchange available markets, the announcement notes. Open / Comment

2021-11-27 21:00:05 ​Bitcoin sentiment in 'wild' divergence from reality as $53K BTC triggers 'extreme fear'.

Bitcoin price action is just 20% from all-time highs, but the market has reentered "extreme fear" for the first time since $43,000.
Bitcoin (BTC) has stabilized at around $55,000 after dropping by $6,000 in a single day-but crypto market sentiment is still in shock.
According to the Crypto Fear & Greed Index as of Nov. 27, emotions are now at the most fearful since late September.
Crypto sentiment dives into "extreme fear".
Fear & Greed, which takes a basket of factors to compute a standardized sentiment score for crypto markets from 1-100, currently sits at 21.
Friday took its toll on the metric, with the score more than halving in 24 hours from its previous position of 47.
Those two readings correspond to sentiment going from "neutral" to "extreme fear" — missing out on the "fear" zone altogether.
While an expected reaction, the upheaval apparent the emotional state of market participants is becoming a source of amusement for some familiar names.
Investor and entrepreneur Alistair Milne noted that "extreme fear" is hardly an appropriate reaction to BTC/USD trading at $54,000. Indeed, the last time that the Bitcoin spot price was at those levels was in mid-October, Fear & Greed measured 78, otherwise known as an "extreme greed" territory.
"This much fear and we are at $54k. Wild," he summarized. 
On Sept. 30, when the Index last hit 21/100, BTC/USD traded at around $43,800 on Bitstamp. Open / Comment

2021-11-24 20:57:04 Bitcoin price metric demands ‘strong reaction’ as $56K BTC starts to look ‘seriously cheap’
Current limp Bitcoin price performance is not fooling analysts, as Advanced NVT Signal joins those predicting a dramatic BTC renaissance.
Bitcoin (BTC) is “seriously cheap” at $56,000 relative to network activity — and that means only one thing, one analyst says.
In a tweet on Nov. 24, Philip Swift, creator of analytics platform LookIntoBitcoin, highlighted a bull flag on Bitcoin’s Advanced NVT Signal.

Coinbase reportedly down for some users after fixing connectivity issue
Coinbase experienced connectivity issues three times over the past 30 days, according to official data.
Nasdaq-listed cryptocurrency exchange Coinbase reportedly continues to face some system difficulties after experiencing a major connectivity problem.
Both Coinbase brokerage and its trading platform Coinbase Pro were unavailable on Nov. 23 due to connectivity issues on both platforms, Coinbase Support officially reported.
“This may cause failed trades, delayed transactions, and unexpected behavior on the webpage and mobile apps,” Coinbase said.
The exchange said it resolved the issue as of 2:00 a.m. UTC on Nov. 24 as the problem was no longer affecting Coinbase products and services. According to Coinbase’s incident and scheduled maintenance history, the firm took less than two hours to fix the incident. Open / Comment

2021-11-20 21:25:14 Bitcoin exchange Kraken will stop trading Monero in the UK.

A Reddit user under the pseudonym tryM3B1tch allegedly published the text of a letter from the Kraken bitcoin exchange, which says about the closure of access to trading Monero (XMR) cryptocurrency in the UK.

Several users have created similar topics with similar document text.
According to the text of the letter, the decision was made to comply with UK regulatory requirements. In the document, the Kraken team apologizes for any inconvenience caused.
Starting November 23, UK users will no longer be able to increase their Monero margin positions, but they will be able to reduce them. On November 26, the platform will forcefully close them and cancel all open orders from XMR.
UK Kraken users will not be able to top up their balances in anonymous cryptocurrency. They will have the ability to withdraw Monero to other wallets and exchanges. XMR Instant Buy and Sell services for Bitcoin, USD and EUR trading pairs will also become unavailable. Open / Comment

2021-11-17 21:00:06 ​VanEck Bitcoin Strategy ETF launch day volume a fraction of BITO's
Lower volumes compared to ProShares were expected, but Van Eck hopes its lower fees can give it an edge over competitors.
The VanEck Bitcoin Strategy ETF (XBTF) closed its first day of trading on Nov. 16 with "respectable" trading volume, but one that pales in comparison to similar launches.
Bitcoin futures ETFs provide investors exposure to potential future prices of Bitcoin without forcing them to hold any Bitcoin themselves.
At market close on the Chicago Board of Exchange (CBOE), XBTF had accumulated around $9.5 million in assets under management (AUM), and saw around $4.6 million in daily trading volume according to investing.com. This is just a fraction of the first-day trading volume of $1 billion the ProShares Strategy (BITO) enjoyed on Oct. 19 on NYSE. BITO has since reached the top 2% of all ETFs by total trading volume.
Tommy Horan, Head of Corporate Partnerships at Australian exchange Swyftx said that it had been a “pretty subdued launch but VanEck won’t be too worried. Their [lower] fees should attract a steady rate of inflows over the next quarter.
“This was always going to be a bit of a non-event after all the hype around ProShares’ $1.1bn launch and continues the trend we saw with Valkyrie’s ETF.” Open / Comment

2021-11-14 20:00:10 ​Bitcoin sets up nail-biting weekly close after Taproot goes live
Markets put the ETF rejection behind them as BTC price action retains higher levels through the weekend.
Bitcoin (BTC) traded above a key zone into the weekly close on Nov. 13 after the successful activation of the Taproot soft fork.
What ETF rejection?
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD holding above $64,000 at 10 am UTC Sunday.
The pair had gained in the latter part of Saturday after briefly acting below $63,000 thanks to U.S. regulators rejecting rejecting what would have been the first spot-based exchange-traded fund (ETF).
Seemingly unfazed by the move, however, Bitcoin then returned to form, seeing local highs of $65,350 on Bitstamp before consolidating.
Far from lamenting the ETF news, Sunday was all about positive steps for Bitcoin, with market participants celebrating Taproot’s launch Open / Comment

2021-11-09 21:00:03 ​Record whale accumulation precipitated latest all-time high Bitcoin breakout
Bitcoin’s new all-time highs appear to have been triggered by a dramatic reduction in active supply over recent months.
On-chain analytics provider Glassnode identified the milestone in its Monday “The Week On-Chain” report concluding, “Investors are just not spending their coins.”
Addresses that have not moved their BTC in 12 months, dubbed “long-term holders” (LTH), are among those most actively stockpiling coins -with said addresses moving just 6,500 BTC daily.
The trend of accumulation does not appear to be slowing down, with the share of supply held on centralized exchanges also dropping to a record low of 12.9% as BTC is increasingly placed into secure storage.
Glassnode reports that more than 5,000 BTC (approximately $338.6 million) was withdrawn from centralized trading venues during last week.
The report asserted:
“The market is likely still in the quiet accumulation phase, punctuated by low activity, large exchange outflows, and very modest strategic spending by experienced holders.”
Bitcoin broke into new all-time highs above $67,000 on Monday, with its market capitalization also surpassing Tesla’s and Facebook’s. Open / Comment