Cryptocurrency news

• Bitcoin Mining Stocks Soar 10% as BTC Hovers Near 17-Month High at $35K

  02-11-2023 23:39
  
  Bitcoin [BTC] mining stocks soared Thursday amid stable bitcoin price near its 17-month highs and bullish equity markets.
  
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• Prisoners’ Dreams to Stash $54M in Crypto in Exotic Locales Dashed as Feds Grab Them for Treasury

  02-11-2023 23:25
  
  Federal law enforcement has seized $54 million worth of cryptocurrencies from the leader of a notorious New Jersey drug ring, U.S. Attorney Philip R. Sellinger said Thursday in a statement.
  
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• Solana Price’s 70% Rally Persuades Detractor, Arthur Hayes Makes Confession

  02-11-2023 23:00 via newsbtc.com
  
  Supported by a spike in volatility, the Solana price has skyrocketed from its yearly lows into a new high. The bullish momentum left some players in disbelief, while others capitulated to the price action and tried to capture some of the profits.As of this writing, SOL trades at $40 with sideways movement in the last 24 hours. Over the previous week, the cryptocurrency recorded a 30% profit, but the monthly chart saw a 70% increase, while other tokens hardly saw double-digit gains.Solana Rally C
  
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• Marathon Digital will use landfill methane to mine Bitcoin in Utah pilot project

  02-11-2023 22:44 via cointelegraph.com
  
  The BTC miner has partnered with startup Nodal Power for a green, off-grid project that is a small start for a potentially big advancement.
  
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• The Other FTX Case

  02-11-2023 22:14
  
  Most of the charges facing SBF this week won’t ever be relevant to most crypto companies. But charges the government cannot pursue today could be, say Andrew C. Adams and Kane Smith, at Steptoe & Johnson LLP.
  
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• NIST establishes AI Safety Institute Consortium in response to Biden executive order

  02-11-2023 22:00 via cointelegraph.com
  
  Documentation from NIST states the consortium will adopt a “broad human-centered focus” with “specific policies.”
  
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• Analyst Raises Red Flag On Bitcoin Rally, Predicts Imminent Retreat After 35% Spike

  02-11-2023 22:00 via newsbtc.com
  
  As Bitcoin (BTC) continues to consolidate above the $34,000 mark, aiming to surpass and reclaim its yearly high, theories suggest that a retracement may follow the current upward spike in the coming weeks. 
  On this matter, the renowned crypto analyst known by the pseudonym “Crypto Soulz” recently shared insights on the potential short-term retracement for Bitcoin in a recent post on X (formerly Twitter).
  BTC’s Local Top At $36,000 Signals Potential Reversal
  According
  
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• Coinbase Beats Q3 Earnings Estimates, But Trading Volume Fell

  02-11-2023 21:37
  
  The crypto exchange's third quarter transaction revenue rose/fell short from previous quarter.
  
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• BTC price cools off, but ‘You can never have too much Bitcoin,’ says Saylor

  02-11-2023 21:30 via cointelegraph.com
  
  Bitcoin price cooled off after an impressive 30% monthly gain, but MicroStrategy CEO Michael Saylor made the case for why he remains bullish on BTC.
  
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• Bitcoin price cools off, but ‘You can never have too much Bitcoin, says Saylor

  02-11-2023 21:30 via cointelegraph.com
  
  BTC price cooled off after an impressive 30% monthly gain, but MicroStrategy CEO Michael Saylor made the case for why he remains bullish on Bitcoin.
  
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• Sam Bankman-Fried trial [Day 17] — latest update: Live coverage

  02-11-2023 21:26 via cointelegraph.com
  
  The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate.
  
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• Solana Is Down 15% Since Hitting a 14-Month High. Is the Rally Over?

  02-11-2023 21:14
  
  Solana's [SOL] spectacular comeback – up over 300% this year – has captivated crypto market participants after being one of the most beaten-down assets during the bear market.
  
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• Founders of SafeMoon cryptocurrency touted by Dave Portnoy accused of fraud - New York Post

  02-11-2023 21:04
  Founders of SafeMoon cryptocurrency touted by Dave Portnoy accused of fraud  New York Post
  
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• Altcoins At Turning Point? Analyst Says ‘Time To Load On The Dips, It’s A Different Sentiment’

  02-11-2023 21:00 via newsbtc.com
  
  The crypto market is bullish, with several altcoins charting notable gains. Solana (SOL) leads this charge, which has seen a roughly 35% increase in value over the past week.This uptrend is not isolated to Solana alone; other major altcoins like XRP and Cardano (ADA) also enjoy significant upticks. This trend signals a potentially broader market recovery and offers a positive outlook for investors who have weathered a prolonged bear market.Buying On The Dip: A Strategy For Growth 
  Micha&eum
  
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• Sam Bankman-Fried Lambasted by Prosecutor Right Before Jurors Began Deciding His Fate: SBF Thought 'He Could Fool the World'

  02-11-2023 20:43
  
  A verdict in the SBF trial could come before the end of Thursday – on the first anniversary of the CoinDesk scoop that caused his empire to crumble.
  
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• XRP, TON win approval in Dubai International Financial Centre free trade zone

  02-11-2023 20:32 via cointelegraph.com
  
  The new tokens join the ranks of BTC, ETH and LTC for use by the 4,000-plus companies located in the zone, which is considering new legal measures as well.
  
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• Discredited Crypto Terrorist Funding Figures Gain Fresh Life in House Hearing

  02-11-2023 20:29
  
  Despite a raging online debate discrediting the scale of crypto support for terrorist groups, the story continues to resonate in important places. Most recently on Thursday, the ranking Democrat at a hearing in the U.S. House of Representatives quoted a figure of $130 million in digital assets flowing to terrorists.
  
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• New macOS 'KandyKorn' malware targets cryptocurrency engineers - BleepingComputer

  02-11-2023 20:22
  New macOS 'KandyKorn' malware targets cryptocurrency engineers  BleepingComputer
  
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• Aragon Association to dissolve, will disburse $155M in assets to tokenholders

  02-11-2023 20:18 via cointelegraph.com
  
  The governing body for the aragonOS DAO-creation tool will wind down, transferring its assets to tokenholders.
  
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• Aragon Association to dissolve, will disburse $155M in assets to token holders

  02-11-2023 20:18 via cointelegraph.com
  
  The governing body for the aragonOS DAO-creation tool will wind down, transferring its assets to token holders.
  
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• Celestia Price Prediction as TIA Pumps 15%; Which Cryptos Could Surge Next During the Bull Run

  02-11-2023 20:06 via newsbtc.com
  
  The price of Celestia (TIA) has surged over 15% since yesterday, making it one of the biggest gainers on CoinMarketCap.
  With the TIA token now hovering around $2.50, early investors are wondering just how high its price could go in the remaining weeks of 2023.
  This article will take a closer look at Celestia’s price action, forecast where the token could be headed next, and highlight some of the most promising new cryptocurrencies that could be primed for a significant breakout.
  Celestia&r
  
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• Bitcoin’s 108% YTD Surge Highlights Crypto’s Growing Prominence

  02-11-2023 20:00 via newsbtc.com
  
  Bitcoin (BTC) witnessed a remarkable surge in its price, nearing the $36,000 mark, sending ripples across the cryptocurrency market. While multiple factors contributed to this price rally, one significant driver appears to be the decision by the US Federal Reserve to halt interest rate hikes, albeit with the potential for future increases. 
  Additionally, the overall sentiment in the crypto market remains bullish, with a collective market cap of approximately $1.36 trillion, bolstered by the
  
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• Law professor says blockchain tech could ‘revolutionize’ copyright offices

  02-11-2023 19:15 via cointelegraph.com
  
  According to the research, blockchain provides several game-changing benefits for intellectual property licensing and management.
  
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• Solana Whales Deposit To Exchanges, Selloff Incoming?

  02-11-2023 19:00 via newsbtc.com
  Data shows Solana whales have made large transactions towards exchanges during the past day, which could signal a selloff.
  Solana Whales Have Deposited Tokens Worth $34.1 Million To Binance
  According to data from the cryptocurrency transaction tracker service Whale Alert, a few large SOL transfers have occurred on the Solana blockchain during the past day.
  Three of the transactions were all headed towards a centralized exchange: Binance. The first of these saw the movement of 256,652 SOL (worth
  
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• Here's Why Bitcoin Will 10X From Here: Michael Saylor

  02-11-2023 18:19
  
  The MicroStrategy executive chairman appeared on CNBC on day after the company reported its Q3 earnings.
  
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• Will Hashdex's 'Undeniable' Distinctions Help Win Bitcoin ETF Race? Some Analysts Think So

  02-11-2023 18:18
  
  ETF analysts watching the spot-bitcoin ETF race appear to be backing Hashdex's modified application more than any other.
  
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• Jury directions begin in Sam Bankman-Fried criminal trial

  02-11-2023 18:05 via cointelegraph.com
  
  Jury deliberations are to expected to begin shortly and may last until next Monday.
  
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• Market Sees 59% Odds Sam Bankman-Fried Is Found Guilty on All Charges – But There's a Catch

  02-11-2023 18:02
  
  Traders on crypto-powered Polymarket have bet a grand total of $4,512 on the question, underscoring the current limitations of prediction markets.
  
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• Shiba Inu Whales Are Moving SHIB Again, Bearish Or Bullish?

  02-11-2023 18:00 via newsbtc.com
  
  Shiba Inu whales have been seen moving a large amount of SHIB on-chain once again. These movements come at a time when the price of the meme coin is on the rise, raising concerns about whether these large holders have decided to start selling their large stacks of coins.
  Shiba Inu Whales Start Moving Coins
  Over the last few days, whale tracker Whale Alert has reported two large Shiba Inu transactions carrying a massive amount of coins. The first was reported on October 31 where a single transact
  
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• FCA releases guidance for compliance with new UK crypto asset promotion rules

  02-11-2023 17:40 via cointelegraph.com
  
  The regulator has made a few efforts to help crypto firms comply with the rules that came into force on Oct. 8.
  
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• Sam Bankman-Fried Lambasted by Prosecutor Right Before Jurors Begin Deciding His Fate: SBF Thought 'He Could Fool the World'

  02-11-2023 17:34
  
  A verdict in the SBF trial could come before the end of Thursday – on the first anniversary of the CoinDesk scoop that caused his empire to crumble.
  
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• ‘He lied to get customers’ trust’: Prosecution makes closing argument against SBF

  02-11-2023 17:20 via cointelegraph.com
  
  “He knew what he was doing was wrong; that’s why he never hired a risk officer,” U.S. Assistant Attorney Danielle Sassoon said.
  
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• Bitcoin Round-Trips Its Way Back Under $35K as Fidelity's Timmer Calls it 'Exponential Gold'

  02-11-2023 17:11
  
  The world's largest crypto remains higher over the past 24 hours, but has slumped nearly 4% from its overnight high.
  
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• Sam Bankman-Fried Lambasted by Prosecutor Right Before Jurors Begin Deciding His Fate: 'He Thought He Could Fool the World'

  02-11-2023 17:10
  
  A verdict in the SBF trial could come before the end of Thursday – on the first anniversary of the CoinDesk scoop that caused his empire to crumble.
  
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• Protocol Village: Render Moving to Solana From Ethereum, Allocates $2.6M to Cover Fees

  02-11-2023 17:01
  
  The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 2-8, with live updates throughout.
  
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• Shiba Inu volume Gains momentum

  02-11-2023 17:00 via newsbtc.com
  
  Recent data has revealed the crypto exchange with the highest trading volume of Shiba Inu, indicating an upward trajectory for the digital asset as the volume continues to surge in the crypto exchange. The crypto exchange that has propelled Shiba Inu’s growth lately is the leading cryptocurrency platform, Binance.
  Shiba Inu Volume Doubles On Binance
  According to CoinMarketCap, Binance is the top crypto exchange for the Shiba Inu market. The total volume of Shiba Inu being traded in the cry
  
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• Blockchain & Cryptocurrency Regulation 2024 - clearygottlieb.com

  02-11-2023 16:50
  
  Blockchain & Cryptocurrency Regulation 2024  clearygottlieb.com
  
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• Blockchain & Cryptocurrency Regulation 2024 - Cleary Gottlieb

  02-11-2023 16:50
  
  Blockchain & Cryptocurrency Regulation 2024  Cleary Gottlieb
  
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• Crypto for Advisors: Opinion: Direct Crypto Ownership Is Best

  02-11-2023 16:45
  
  In this week's issue of Crypto for Advisors, learn why direct ownership of crypto may be in the best interest of the client.
  
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• MicroStrategy Acquired an Additional 155 Bitcoin Since End of Q3

  02-11-2023 16:43
  
  MicroStrategy purchased the bitcoin at an average price of $27,531, according to its earnings report on Wednesday.
  
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• U.S. SEC's Knock From Congressional Watchdog May Not Budge Crypto Accounting Policy

  02-11-2023 16:22
  
  As the U.S. Securities and Exchange Commission (SEC) Chair keeps chasing non-compliance in crypto, his agency was slammed by the watchdog Government Accountability Office (GAO) for its own compliance failure in issuing crypto accounting standards without treating the policy as a formal rule. So, what now? In practical terms, probably nothing much.
  
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• Introducing Ricch Coin: A New Meme Cryptocurrency Revolutionizing Financial Equality - Yahoo Finance

  02-11-2023 16:15
  Introducing Ricch Coin: A New Meme Cryptocurrency Revolutionizing Financial Equality  Yahoo Finance
  
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• Cardano November Momentum – An Over 40% Increase In The Cards?

  02-11-2023 16:00 via newsbtc.com
  
  Cardano (ADA) has undoubtedly claimed its spot as one of the frontrunners among the multitude of altcoins. The digital asset, known for its innovative approach to blockchain technology, has witnessed remarkable gains in recent days, leaving both crypto enthusiasts and investors curious about the trajectory it will follow in the coming weeks.The question that now lingers is, for how long will Cardano’s meteoric rise continue?
  To shed light on the potential outcomes for ADA this November, we
  
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• BTC price dips 3.5% as 'overheated' Bitcoin derivatives spark angst

  02-11-2023 15:54 via cointelegraph.com
  
  Bitcoin eats away at upside which followed the Federal Reserve interest rate announcement, with BTC price action over $1,000 lower.
  
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• Want Crypto Adoption? Give Consumers What They Really Want

  02-11-2023 15:53
  
  It’s time to accept consumers for who they really are, and give them what they really want, which is money, status and functionality, says Magalena Kala.
  
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• ‘I just bought SOL’ — Arthur Hayes after Solana price rebounds 500%

  02-11-2023 15:36 via cointelegraph.com
  
  Hayes may face short-term losses on his Solana buy-in, but the long-term upside looks promising as the cryptocurrency market recovers.
  
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• 4 signs Bitcoin is starting its next bull run

  02-11-2023 15:20 via cointelegraph.com
  
  Here are four factors supporting the argument for an upcoming Bitcoin bull run as BTC price breaks above $35,000, an 18-month high.
  
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• PayPal Faces SEC Subpoena Over Its PYUSD Stablecoin

  02-11-2023 15:19
  
  Global payments giant PayPal (PYPL) received a subpoena from the U.S. SEC requesting documentation about its USD stablecoin on Wednesday.
  
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• Protocol Village: Huma, On-Chain Credit Platform, Deploys on Celo

  02-11-2023 15:01
  
  The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 2-8, with live updates throughout.
  
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• Privacy Technology Firm Nym Plans Early 2024 Rollout of 'Decentralized VPN'

  02-11-2023 15:00
  
  The privacy-focused infrastructure project says that the new NymVPN will disperse traffic across a network of nodes rather than running data through single servers as centralized VPNs do.
  
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