Bitcoin Price Falls. There’s Trouble at Silvergate.
Bitcoin and other cryptocurrencies were falling Thursday, under pressure but holding key levels amid signs of distress at Silvergate Capital an influential banker to the digital asset industry. The price of Bitcoin has declined nearly 2% over the past 24 hours to $23,275. The largest crypto has consolidated between $23,000 and $24,000 in recent weeks, […]
Gabbard, Kucinich aim to disrupt two-party voting system at Independent confab
Two former Democratic presidential candidates, Tulsi Gabbard of the 2020 race — and former longtime Ohio politician Dennis Kucinich, a 2004 and 2008 early contender for the White House — will headline the second-ever Independent National Convention (INC) this spring in Austin, Texas. It’s an event intentionally set during a non-election year because organizers argue […]
Why NFTs saw $946 million in trading volume in January – the highest since June 2022
Non-fungible tokens registered $946 million in trading volume in January 2023, up 38% from December, and the highest on record since June 2022, according to an updated Feb. 2 report by DappRadar, which tracks and analyzes the activity of NFT marketplaces. Non-fungible tokens, which provide proof of ownership of a digital asset like online artwork, […]
Opinion: Investments in a rut? Maybe it’s the Wall Street industrial complex.
The Wall Street establishment doesn’t want you to read this article, and I’ll tell you why.If you’re an investor and not getting all the returns you deserve, there are lots of possible reasons. Perhaps the biggest one is that Wall Street likes it that way. Giant firms like Goldman Sachs, BlackRock, Morgan Stanley and JPMorgan […]
Bitcoin Pares Gains. Why the Coming Days Could Bring More Volatility.
Bitcoin and other cryptocurrencies took a breather Wednesday, paring gains from a rally that has lifted digital assets to the highest levels in months. But the next week holds key macro catalysts that could see cryptos make another big move. The price of Bitcoin has shed 2% over the past 24 hours to below $22,550. […]
Sam Bankman-Fried’s two anonymous sponsors put up $700,000 to get him out of jail
Sam Bankman-Fried was released on bond after two anonymous individuals put up a total of $700,000, according to court filings. Bankman-Fried, the disgraced former crypto mogul whose FTX exchange declared bankruptcy in November, has been under house arrest in his parents’ $4 million Palo Alto, Calif., home since last month. He was released from federal custody in […]
Morgan Stanley cuts U.S. dollar forecasts lower
The U.S. dollar is going to drop further, Morgan Stanley strategists said over the weekend as they became more optimistic about the global economy. They now see the DXY dollar index DXY, +0.20% ending the year at 98, from a previous forecast of 104. They see the euro EURUSD, -0.19% climbing to $1.15, vs. a […]
Genesis, Winklevoss twins’ Gemini crypto venture charged by SEC with selling unregistered securities
U.S. securities regulators on Thursday charged Genesis Global Capital and crypto exchange Gemini Trust Co. with offering and selling of unregistered securities to retail investors, bypassing disclosures and other requirements aimed at protecting market participants. Genesis and Gemini raised billions of dollars’ worth of crypto assets from hundreds of thousands of investors through unregistered offers, […]
‘Super lame,’ says Gemini co-founder Tyler Winklevoss about SEC charges
New charges against crypto platforms Genesis Global Capital and Gemini Trust Co. by the Securities and Exchange Commission are “disappointing,” said Tyler Winklevoss, co-founder of Gemini, in a Twitter thread on Thursday evening. Earlier Thursday, the SEC charged Genesis and Gemini with engaging in the offering and sale of unregistered crypto asset securities through Gemini […]