Cryptocurrency broker Genesis Global Trading allegedly owes its creditors more than $3 billion, according to a Jan. 12 report from the Financial Times. Its parent, the Digital Currency Group (DCG), which also owns Grayscale Investments and its series of digital asset trusts, seeks to sell part of its venture capital […]

The Bitcoin (BTC) price has risen above the $18,000 level after two months of sluggish movement. Bitcoin price long-term forecast: bullish Between $16,000 and $18,000, the largest cryptocurrency remained in a range. Buyers and sellers failed to break the fluctuation range. The BTC price is currently testing the $18,000 resistance […]

The crypto industry is bracing for increased selling pressure as FTX, a digital asset exchange, announced its plans to liquidate billions of dollars worth of assets to repay customers. During a House Committee hearing yesterday, FTX CEO John J. Ray III stated that his team had obtained wallet keys containing […]

A new survey has found that the blockchain gaming industry is experiencing a “massive shift,” with the once-popular play-to-earn (P2E) model falling out of favor and focus shifting to improving gameplay experience.  The survey results were included in a newly released annual report from the Blockchain Game Alliance (BGA) on […]

Litecoin price is rising steadily above $75 against the US Dollar, similar to bitcoin. LTC price could continue to move up if it remains well supported above the $78 level. Litecoin Price Analysis In the past few sessions, there was a decent increase in bitcoin, ethereum, ripple, and litecoin against […]

El Salvador has passed landmark legislation providing the legal framework for a Bitcoin-backed bond — known as the “Volcano Bond” — that will be used to pay down sovereign debt and fund the construction of its proposed “Bitcoin City”. The bill passed on Jan. 11 with 62 votes for and […]

The names of up to nine million FTX customers are set to remain confidential for at least three more months following the latest ruling in FTX bankruptcy proceedings.  The decision was reportedly made by Judge John Dorsey in the Delaware-based bankruptcy court on Jan. 11 in response to a 168-page […]

Binance maintained hockey-like growth since 2021 despite the crypto market downturn, according to on-chain data provider Cryptoquant. Sharing its findings on Tuesday, Jan 10, the firm noted that the exchange’s annual revenue topped around $12 billion in 2022, growing ten times over the past two years. Binance’s revenue growth comes […]

PRESS RELEASE. Abu Dhabi, 11 January 2023 — Venom Foundation, the first Layer-1 blockchain licensed and regulated by the Abu Dhabi Global Market (ADGM), and Iceberg Capital, an ADGM regulated investment manager, officially announce that they have partnered to launch a $1 billion venture fund called Venom Ventures Fund (VVF). […]