U.S. DoJ Slaps Charges Against Promoters of Baller Ape Club NFT In Rug Pull Scam

On Thursday, June 30, the U.S. Justice Department slapped charges against a person promoting “Baller Ape Club” non-fungible tokens, in what appears to be an alleged rug pull scam. The U.S. DoJ has reportedly named five people involved in crypto fraud s…

Canada-based Ledn Challenges FTX’s Bid of BlockFi Acquisition With Better Proposal

Troubled crypto lender BlockFi has reportedly received a new proposal for its acquisition, said three sources familiar with the matter. This time the proposal has come from BlockFi’s Canada-based competitor Ledn challenging the already proposed b…

Bitcoin Price Analysis- BTC on Losing Streak Nearing $17800; Will it Hold?

The five consecutive red candles in the daily time frame chart indicate a sudden turnaround in the Bitcoin(BTC) recovery rally. Furthermore, a gradual rise in volume activity during the downfall validates a genuine reversal. The sustained selling press…

EU Passes A Bill to Trace the Flow of Bitcoin & Crypto Assets In Regulatory Tightening Measures

On Wednesday, June 29, the Parliament and Council negotiators reached a deal over a new bill that will allow them to trace the transfers of crypto assets like Bitcoin and other digital asset tokens. The agreement is nothing but an extension of the &#82…

Grayscale Initiates A Lawsuit Against the U.S. SEC Over Spot Bitcoin ETF Issues

On Wednesday, June 29, the U.S. SEC rejected the Grayscale application for converting its Grayscale Bitcoin Trust (GBTC) vehicle to a spot Bitcoin. The world’s largest digital asset manager Grayscale has finally decided to drag the U.S. Securitie…

Bitcoin (BTC) Closes Below 200-WMA for the Third Consecutive Week, Time to Be Cautious?

The world’s largest cryptocurrency Bitcoin (BTC) has once again come under selling pressure and is currently trading 2.15% down at a price of $20,686 with a market cap of $394 billion. This is for the very first time that Bitcoin has formed a thi…

Celsius Network’s CEO Alex Mashinsky Reportedly on the Run

Celsius Network has been in deep trouble recently with all that’s happening around. As per the latest report, Celsius Network CEO Alex Mashinsky was on the run last week. In a series of tweets, popular crypto investor and analyst Mike Alfred wrot…

Goldman Sachs Likely to Raise $2 Billion To Acquire Celsius Assets, But Here’s the Catch

Crypto lender Celsius Networks has been in a very bad phase currently with major liquidations taking place on the platform. As per sources, Goldman Sachs is planning to raise $2 billion from investors to buy the troubled assets of Celsius Networks. The…

Breaking: Binance Refuses to Bailout Failed Crypto Projects

After cryptocurrency exchange FTX extended a helping hand to troubled crypto lender BlockFi and Voyager, there have been rumors that Binance might announce some bailouts too considering its healthy cash reserves. However, Binance has finally broken the…

Billionaire Investor Mark Mobius Predicts Why Bitcoin (BTC) Is Yet To Bottom

With its latest price crash, Bitcoin (BTC) has turned the attention of global investors to itself. Some of the big investors could be waiting on the sidelines with cash to invest in BTC as it hits a new bottom. But the reality is no one knows when the …