Yagyesh Jaiswal

BTC Price Bounce Fuels Bullish Calls to Six Figures

Bitcoin's recent price rise has crypto options traders reconsidering the possibility of BTC hitting $100k by end of 2024 amid renewed calls for $75k and $100k strikes.

Yagyesh Jaiswal

The resurgent Bitcoin price and dovish Fed comments have crypto bulls feeling confident that $100k remains achievable this year, with options data showing growing interest in calls targeting high strikes into mid-2024. Technical analysts also point to factors supporting the case for further upside.

LocalMonero Shuts Down After 7 Years

The popular peer-to-peer Monero exchange LocalMonero announced it is closing down, dealing another blow to crypto privacy. Learn more about the reasons for the shutdown and what it means for the Monero ecosystem.

Yagyesh Jaiswal

In the ongoing battle between crypto privacy and regulators, LocalMonero is the latest casualty. However, the Monero community remains resilient with promising new tech on the horizon that could help preserve financial privacy on the blockchain.

FTX Bankruptcy Plan Aims for Full Creditor Payback

FTX unveils a new bankruptcy plan promising over 100% recovery for non-governmental creditors, amidst diverse reactions concerning asset valuation and fairness in settlements.

Yagyesh Jaiswal

FTX's latest bankruptcy plan proposes full recovery and interest for creditors but faces scrutiny over asset valuations and terms. The plan includes significant payouts to regulatory bodies amidst mixed creditor reactions.

Swing State Voters Favor Crypto-Friendly Politicians

Survey reveals swing state voters favor politicians who support cryptocurrency, reflecting widespread dissatisfaction with the traditional financial system and interest in digital assets.

Yagyesh Jaiswal

Swing state voters prefer crypto-friendly politicians, driven by dissatisfaction with the traditional financial system and a positive outlook on cryptocurrencies’ potential for financial security.

Coinbase Sued for Alleged Securities Violations

Coinbase is hit by a class-action lawsuit from six users alleging that the exchange lists digital assets as securities, potentially violating state securities laws.

Yagyesh Jaiswal

Coinbase faces a class-action lawsuit from six users alleging the platform violated securities laws by listing digital assets that qualify as securities, complicating its ongoing legal battles with regulatory authorities.

Bitcoin Network Hits 1 Billion Transactions Milestone

The Bitcoin blockchain network achieved a new milestone, processing its one-billionth transaction on May 5, 2024. This showcases Bitcoin's incredible growth over the past 15 years.

Yagyesh Jaiswal

Reaching 1 billion transactions firmly cements Bitcoin as a leading financial network. While still early, all signs point to further adoption in the coming years as institutions embrace cryptocurrency.

BTC-e Co-founder Pleads Guilty To Laundering $9 Billion

Alexander Vinnik, the co-founder of now-defunct cryptocurrency exchange BTC-e, has pleaded guilty to charges related to operating the platform and enabling billions in criminal money laundering activities.

Yagyesh Jaiswal

Vinnik has finally admitted guilt in the BTC-e criminal conspiracy case, which saw the exchange process over $9 billion for cybercriminals between 2011 and 2017 without any money laundering controls. He now awaits sentencing as the US DOJ continues its efforts to curb illicit cryptocurrency behavior.

Coinbase Sued Again Over Securities Allegations

A new class action lawsuit has been filed against Coinbase alleging the crypto exchange knowingly sold unregistered securities violating state laws.

Yagyesh Jaiswal

This latest lawsuit claims several tokens sold on Coinbase such as SOL, MATIC, NEAR and others are securities, meaning Coinbase operated as an unlicensed broker-dealer. It remains to be seen how the court will view these allegations.

Sen. Warren Highlights Concerns Over Iran's Crypto Mining

U.S. Senator Elizabeth Warren raises alarm over Iran's crypto mining operations, highlighting potential for sanctions evasion and implications for global security.

Yagyesh Jaiswal

MicroStrategy introduces a decentralized identity solution on Bitcoin's network, sparking debate among Bitcoin proponents over the use of Ordinals for data storage.

Coinbase Q1 Revenue Skyrockets with Bitcoin Rally, New Standards

Coinbase surpasses market expectations with a notable Q1 revenue surge, driven by Bitcoin's rally and new accounting standards, despite facing regulatory challenges.

Yagyesh Jaiswal

Coinbase surpasses expectations with a Q1 revenue of $1.64 billion amid a Bitcoin rally, driven by a significant mark-to-market gain and tripled transaction revenue.