Not long ago, Live Bitcoin News reported that Genesis Global Capital – the lending division of the Digital Currency Group (DCG) – was preparing for bankruptcy. While it looked like the situation was inevitable, it was believed that there was potentially a small chance that the company was going to […]

Cardano (ADA) price is rising as it exceeds the 21-day SMA. Cardano price long-term forecasts: bullish The overbought area at $0.39 has rejected the positive momentum. The price of ADA is currently down from its recent high. However, the current upswing will continue if prices move back above the 21-day […]

Ether (ETH), the second-largest cryptocurrency by market capitalization, has seen a constant decline in exchange supply over the past six months post-Merge. The Ethereum network underwent a major upgrade in September 2022, moving from a proof-of-work (PoW) to a proof-of-stake (PoS) network in an event called the Merge. According to on-chain […]

Bitcoin is again making an upward retracement after stabilizing near its support region. However, a fake upward breakout will form a death cross with a massive price dump for the BTC price. This week has brought a rough time to the crypto industry as it has become a hotspot for […]

Users of bankrupt crypto exchange FTX have reportedly taken aim at financiers who promoted the platform suggesting their efforts added an “air of legitimacy” to the now-defunct exchange, a case labeled as “tricky” by a crypto lawyer. A Feb. 15 Bloomberg report revealed a class-action suit filed Feb. 14 by […]

The official committee of Celsius creditors is proposing to sue Celsius co-founder Alex Mashinsky and other executives for “fraud, recklessness, gross mismanagement and self-interested conduct” that eventually led to the collapse of the crypto lender. In a proposed complaint filed in a New York Bankruptcy Court on Feb. 14, attorneys […]

The decentralized autonomous organization (DAO) behind Lido — the largest Ethereum staking pool — is deliberating whether it should sell or stake the $30 million in Ether (ETH) from its treasury. A proposal was submitted on Feb. 14 by the DAO’s financial unit, Steakhouse Financial that considers four choices, one […]

The Blockchain Association filed an amicus brief Feb. 13 in the United States Securities and Exchange Commission (SEC) case against former Coinbase Global product manager Ishan Wahi and his associates. The advocacy group expressed its support for the defendants’ argument for dismissal, where they claimed the SEC had exceeded its […]

The BoneShibaSwap Twitter account has outlined factors that can supercharge Shiba Inu (SHIB) to shatter record highs despite a massive hit to crypto prices as investors grapple with increased regulatory enforcement from the U.S. Securities and Exchange Commission (SEC). According to BoneShibaSwap, SHIB could hit the elusive $1 mark if […]