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Ethereum just had its last test before one of the most important events in crypto
Ethereum is the second largest cryptocurrency in the world, and it gives bitcoin a run for its money. Getty Ethereum, the second-largest cryptocurrency by market value, just held a final dress rehearsal ahead of a years-awaited upgrade that has been touted as one of the biggest events in crypto history. . Since its inception nearly […]
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Ethereum just had its last test before one of the most important events in crypto
Ethereum is the second largest cryptocurrency in the world, and it gives bitcoin a run for its money. Getty Ethereum, the second-largest cryptocurrency by market value, just held a final dress rehearsal ahead of a years-awaited upgrade that has been touted as one of the biggest events in crypto history. . Since its inception nearly […]
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From $25 billion to $167 million: How a major crypto lender collapsed and took many investors with it
Celsius’ filing for bankruptcy this week came as no surprise to virtually no one. Once a platform freezes client assets, it’s usually all over. But just because the fall of this struggling crypto lender didn’t come as a shock doesn’t mean it wasn’t really a big deal for the industry. In October 2021, CEO Alex […]
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FBI Adds ‘Cryptoqueen’ to Ten Most Wanted Fugitives List After Alleged $4 Billion OneCoin Fraud
The seal of the Federal Bureau of Investigation is visible at FBI headquarters. Yuri Gripas | Reuters WASHINGTON — The FBI on Thursday added self-proclaimed “Cryptoqueen” Dr. Ruja Ignatova to its Ten Most Wanted Fugitives list, and is offering a $100,000 reward for information leading to her arrest. Ignatova, the founder of a cryptocurrency called […]
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Grayscale sues SEC after bid to turn biggest bitcoin fund into ETF rejected
The SEC on Wednesday rejected Grayscale’s application for a spot bitcoin ETF, citing the investment manager’s failure to answer questions about concerns about market manipulation. Nurphoto | Nurphoto | Getty Images Grayscale, which runs the world’s largest bitcoin fund, said it would sue the U.S. Securities and Exchange Commission after regulators rejected its bid to […]
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Grayscale sues SEC after bid to turn biggest bitcoin fund into ETF rejected
The SEC on Wednesday rejected Grayscale’s application for a spot bitcoin ETF, citing the investment manager’s failure to answer questions about concerns about market manipulation. Nurphoto | Nurphoto | Getty Images Grayscale, which runs the world’s largest bitcoin fund, said it would sue the U.S. Securities and Exchange Commission after regulators rejected its bid to […]
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Crypto hedge fund Three Arrows Capital plunges into liquidation as stock market crash takes its toll
Billions of dollars of value have been wiped from the cryptocurrency market over the past few weeks. Companies in the sector are feeling the pain. Lending and trading companies are facing a liquidity crunch and many companies have announced layoffs. Yu Chun Christopher Wong | S3studio | Getty Images Leading cryptocurrency hedge fund Three Arrows […]
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Bitcoin falls below $18,300 as selling gathers momentum – here’s what happened
Bitcoin plunged to $18,248 and Ether fell to $944 mid-afternoon Saturday as selling in the crypto market accelerated. The world’s two most popular cryptocurrencies have fallen over 35% in the past week, with both breaching token price barriers. The carnage in the crypto market is partly related to pressure from macroeconomic forces, including spiraling inflation […]
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MicroStrategy denies receiving a margin call on its bitcoin-backed loan, report says
Software company MicroStrategy has not received a margin call on its loan from crypto-specialty bank Silvergate, Reuters reported on Wednesday. Valerie Plesch | Bloomberg | Getty Images Aggressive bitcoin investor and U.S. software firm MicroStrategy says it hasn’t received a margin call on a $205 million bitcoin-backed loan it took out in March, according to […]
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Bitcoin briefly falls below $21,000 as crypto selling continues
Illustrative image of two commemorative bitcoins on a green background. Arthur Widak | Nurphoto | Getty Images Bitcoin briefly fell below $21,000 on Tuesday in Asia before rebounding slightly, continuing to fall as investors sold risky assets. The world’s largest cryptocurrency has fallen nearly 14% in the past 24 hours, while Ethereum has fallen more […]