CoinEx, a Hong Kong-based crypto exchange, was found to be selling cryptocurrencies that U.S. regulators had previously identified as securities and/or commodities. The cryptocurrencies by name are LUNA, AMP, LBC, and RLY, which the AG’s office was able to purchase using a New York-based IP – a state in which CoinEx is not a licensed …
Category: News
Mar 14 2023
SOL Dives 7% Daily, is $15 The Next Big Target? (Solana Price Analysis)
SOL failed to maintain its price within the descending triangle, and with the support at $20 turned into resistance, it’s currently in search of support. The most likely area where Solana can stop this selloff is found at $15. Support at $17 may provide a relief bounce, but considering this momentum, it is unlikely to …
Mar 14 2023
Bitcoin Explodes 10% Daily on Positive SVB Developments, Binance $1B Injection: Market Watch
Silicon Valley Bank was shut down on Friday, and the market crumbled. However, it didn’t take long for the US Government to step in. In a joint statement by the Federal Reserve, Treasury Department and the Federal Deposit Insurance Company, officials to make depositors whole. This step will ensure that the U.S. banking system continues …
Mar 13 2023
U.S. Sanctions Financial Supporters of North Korea’s Regime
The U.S. Department of the Treasury announced Wednesday that it hadthree entities and two individuals for illicitly generating revenue in support of the North Korean government. Chilsong, which reports directly to the Supreme Leader Kim Jong-un’s regime, accumulates foreign currency, collects intelligence, and provides cover statuses for intelligence operatives, authorities said. Paekho, also a subordinate …
Mar 10 2023
Jailed Azerbaijani Opposition Activist’s Private Photos and Messages Leaked
Bakhtiyar Hajiyev has been on a hunger strike for 50 days to protest the criminal charges against him, which he alleges to be politically motivated. In Azerbaijan in recent years there has been an epidemic of leaks of private, personal content, often targeting opposition activists. It is unclear who is behind the channel, but in …
Mar 09 2023
Bitcoin Soars Above $25K but US Regulatory Scrutiny Intensifies: This Week’s Crypto Recap
The past seven days saw Bitcoin’s price increase by a whopping 10% in a few violent green candles that took place in the span of a couple of days. This brought a lot of positivity to the industry, and the total capitalization is also up by about $100 billion. At the time of this writing, …
Mar 09 2023
Is Bitcoin Headed to $21K or Will the Bulls Bounce Back? (BTC Price Analysis)
Bitcoin recently dropped below the neckline, delivering a significantly bearish signal for the short-term outlook. As of now, BTC faces an important support region at $21K. A pullback to this broken neckline is necessary to confirm the change in Bitcoin’s recent bullish trend. If a pullback occurs, the price will potentially enter a mid-term downward …
Mar 09 2023
Here’s When Amazon Plans to Supposedly Launch its NFT Marketplace
Amazon is reportedly preparing to enter the world of non-fungible tokens (NFT) with the launch of its own Marketplace, reportedly scheduled for April 24th. The new ‘Amazon NFT Marketplace’ will offer 15 NFT collections that will initially be available to customers in the United States. One of the most interesting features of this Marketplace is …
Mar 09 2023
Iceland Emerges as the Most Stable Bitcoin Mining Jurisdictions (Report)
Iceland has emerged as the world’s largest hash rate producer per capita. Owing to cheap electricity, Iceland is one of the first countries to see industrial-scale Bitcoin mining. The Icelandic bitcoin mining industry is estimated to consume nearly 120 MW, equating to a share of 1.3% of the global hash rate production. There are other …
Mar 09 2023
Bosnian Authorities Bust Group Selling Fake Diplomas
Bosnia and Herzegovina’s State Investigation and Protection Agency (SIPA)18 locations across the country on Tuesday and Wednesday as part of the Klaster (Cluster) operation. SIPA said it seized “75 student files, registry books and other business documentation, 165,000 convertible marks (US$89,300) in cash, computers and other items that could be used as evidence” Bosnian daily …