A crypto analyst says a “flash crash is likely” but views it as a buying opportunity, signaling optimism for the long term. Read More at https://cointelegraph.com/news/crypto-flash-crash-likely-liquidations-crypto-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: December 2024
Crypto compliance ‘no longer optional’ under Australia’s new draft guidelines
Sweeping proposed changes would force most crypto firms in Australia to obtain financial licensing, which some worry could drive innovators offshore. Read More at https://cointelegraph.com/news/australia-draft-guidelines-crypto-compliance-no-longer-optional?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Safe’s Safenet wants to bring Visa-like payments network to crypto
Safenet aims to be a layer connecting existing blockchains and allow users to interact with any chain through a single account. Read More at https://cointelegraph.com/news/safe-safenet-payments-network-aims-for-visanet-functions-blockchain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin miner Hut 8 argues to toss ‘short and distort’ shareholder suit
Hut 8 has argued a lawsuit from its shareholders arose “from a short seller’s attempt to obtain a monetary gain on its short position” in the crypto miner. Read More at https://cointelegraph.com/news/bitcoin-miner-hut-8-files-motion-to-dismiss-shareholder-lawsuit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin whales employ ‘wait-and-see strategy’ as price hovers at $96K
A crypto analyst highlighted significant Bitcoin inflows to crypto exchanges from whales, who are still holding back on making any major moves. Read More at https://cointelegraph.com/news/bitcoin-whales-sidelined-btc-price-96k-cryptoquant?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Enron relaunch headed by pranksters hints at offering crypto token
Enron is back from the dead 23 years after its massive fraud put into bankruptcy, with the pranksters who have seemingly taken over the brand hinting at launching a token. Read More at https://cointelegraph.com/news/enron-relaunched-by-pranksters-hints-at-crypto-token?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Roger Ver moves to dismiss US tax evasion charges as ‘unconstitutional’
Roger Ver argued that the IRS’ exit tax for renounced US citizens with over $2 million in assets is unconstitutional and “impermissibly vague.” Read More at https://cointelegraph.com/news/roger-ver-files-dismiss-us-tax-charges-unconstitutional?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Russia sentences Hydra market founder to life in prison
Hydra market founder Stanislav Moiseev and 15 of his accomplices were jailed for between 8 and 23 years for their involvement in the darknet market and crypto mixer. Read More at https://cointelegraph.com/news/hydra-market-founder-sentenced-to-life-in-russia?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin range consolidation a ‘healthy next step’ before BTC attempt at $100K
Bitcoin price cooled off at the start of December, but several bullish catalysts support investors’ belief that $100,000 BTC is around the corner. Read More at https://cointelegraph.com/news/bitcoin-range-consolidation-a-heathy-next-step-before-next-btc-attempt-at-100-k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto markets claw back as South Korea reverses martial law
South Korean President Yoon Suk Yeol has reversed his declaration of martial law after six hours of heightened tension at South Korea’s National Assembly. Read More at https://cointelegraph.com/news/crypto-markets-bounce-back-south-korea-reverses-martial-law?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound