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Cryptocoins News / The Cointelegraph ​ - 2 years ago

Bitcoin price spikes to ‘$26K’ in USDC terms — How high can the BTC short squeeze go?

Bitcoin recovers from the USDC’s depeg from the U.S. dollar. Bitcoin (BTC) refused to let $20,000 support die for good on March 11 as the weekend opened to a battle fo...

Cryptocoins News / Blockchain  - 2 years ago

ARK Invest Buys Record Amount of Coinbase Stock, Despite Market Volatility

Despite recent market volatility, Cathie Wood’s investment manager ARK Invest has made a record purchase of Coinbase stock, along with significant investments in Robinhood. The move confirms ARK’s bullish sentiment towards the cryptocurrency industry...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Coinbase reiterates that staking services will continue, despite SEC crackdown

Despite the SEC looking to crack down on supposed unregistered securities offerings via staking rewards programs, Coinbase has outlined that its services will continue....

Bitcoin News / Bitcoinist - 2 years ago

Alameda Research Cashes In On Sequoia Capital Investment

The saga of the FTX exchange, its sister company Alameda Research, and former CEO Sam Bankman-Fried continue following the bankruptcy proceedings. So far, There have been many discoveries,  rejected pleas, and sales of assets by these parties.  The l...

Cryptocoins News / Blockchain  - 2 years ago

Biden's Budget Proposal Includes Crackdown on Crypto Wash Sales and Doubling of Capital Gains Tax for Certain Investors

U.S. President Joe Biden's fiscal 2024 budget plan proposes a crackdown on crypto wash sales and a doubling of the capital gains tax for certain investors, which could raise $24 billion. The proposed changes to crypto tax treatment aim to reduce the...

Cryptocoins News / Blockchain  - 2 years ago

FTX to Sell Remaining Interest in Sequoia Capital to Abu Dhabi Sovereign Wealth Fund

FTX has struck a deal with a company owned by the government of Abu Dhabi to sell its remaining interest in venture capital firm Sequoia Capital for $45 million. The deal is subject to approval by the Delaware bankruptcy judge and is part of FTX's ef...

Bitcoin News / Bitcoin.com - 2 years ago

Lego Prepares a Metaverse Collaboration With Epic Games to Target Digital Markets

Lego, the Danish toy company famous for its colorful plastic bricks, expects to diversify its entertainment offerings portfolio, targeting the metaverse. The company is preparing to present a virtual world in partnership with Epic Games, the gaming e...

Bitcoin News / Bitcoinist - 2 years ago

Bitcoin Market Capitalization May Travel Through A Golden Trail With These 3 Projects

Amidst the turmoil the crypto industry has been involved in over the past month, the global market capitalization has dropped from the psychological level of $1 trillion; Bitcoin has followed the trend. The largest cryptocurrency in the market cap dr...