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Weekly overview

What is spot trading in crypto and how does it work?

  • Post author:admin
  • Post published:December 10, 2022
  • Post category:Weekly overview

In a spot market, traders can immediately exchange their cryptocurrency for fiat currency or another cryptocurrency by placing a buy or sell order. Since their inception, cryptocurrencies have seen rapid…

Continue ReadingWhat is spot trading in crypto and how does it work?

Yuga Labs, Moonpay faces lawsuit over celebrities NFT promotion

  • Post author:admin
  • Post published:December 10, 2022
  • Post category:Weekly overview

Over 40 people and companies are named as defendants in the lawsuit, including Paris Hilton, Snoop Dog, Jimmy Fallon, Justin Bieber, Madonna. Yuga Labs, creators of Bored Ape Yacht Club…

Continue ReadingYuga Labs, Moonpay faces lawsuit over celebrities NFT promotion

Gensler’s approach toward crypto appears skewed as criticisms mount

  • Post author:admin
  • Post published:December 10, 2022
  • Post category:Weekly overview

While the SEC chairman has promised to make crypto safer for everyone, the recent slew of company collapses seems to suggest otherwise. Since taking over at the United States Securities…

Continue ReadingGensler’s approach toward crypto appears skewed as criticisms mount

Bitcoin bulls protect $17K as trader eyes key China BTC price catalyst

  • Post author:admin
  • Post published:December 10, 2022
  • Post category:Weekly overview

China offers a potential leading indicator for Bitcoin price strength with U.S. economic data due next week. Bitcoin (BTC) maintained $17,000 support into Dec. 10 ahead of a critical week…

Continue ReadingBitcoin bulls protect $17K as trader eyes key China BTC price catalyst

Florida best-prepared US state for widespread crypto adoption: Research

  • Post author:admin
  • Post published:December 10, 2022
  • Post category:Weekly overview

While U.S. the most dominant player in crypto, a state-wise analysis reveals that not all 50 states are equally prepared for the inevitable mainstream crypto adoption. It’s not just pro-crypto…

Continue ReadingFlorida best-prepared US state for widespread crypto adoption: Research

US DOJ reportedly investigating FTX CEO for siphoning funds out of the US

  • Post author:admin
  • Post published:December 10, 2022
  • Post category:Weekly overview

The anonymous informant revealed that DOJ officials met with FTX’s court-appointed overseers to discuss the scope of the information they need for further investigation. While many crypto fraudsters were able…

Continue ReadingUS DOJ reportedly investigating FTX CEO for siphoning funds out of the US

Bahamian attorneys pursue access to FTX data of international customers

  • Post author:admin
  • Post published:December 10, 2022
  • Post category:Weekly overview

The Bahamian attorneys filed an emergency motion with a Delaware bankruptcy judge requesting access to FTX’s customer database to aid their ongoing investigations. Authorities across the globe are fighting against…

Continue ReadingBahamian attorneys pursue access to FTX data of international customers
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