Do Kwon, currently in custody in Montenegro and potentially awaiting extradition to the United States or South Korea, will reportedly face harsh conditions in the country’s penal system. According to a March 29 Protos report, an unnamed criminal defense lawyer said conditions at Montenegro’s jails and prisons “haven’t changed” from those described in a 2020 human rights report from the […]

On-chain data shows the Bitcoin MVRV ratio is approaching a retest of the 1.5 level, breaking above which may be bullish for the asset’s price. Bitcoin MVRV Ratio Has Been Going Up In Recent Days As explained by an analyst in a CryptoQuant post, the 1.5 level of the metric has held significant importance in the past. The “MVRV ratio” […]

Hardware wallet provider Ledger has raised 100 million euros ($109 million) in a Series C funding round extension, placing its valuation at 1.3 billion euros ($1.4 billion), in line with its previous funding in June 2021, Bloomberg reported on March 30. The funding is the first of three investment rounds.  As per the report, a second closing is due in […]

Lawyers for former FTX CEO Sam Bankman-Fried have entered a not-guilty plea for five additional charges since his December 2022 arraignment, including allegations of bribery. According to multiple reports, Bankman-Fried pleaded not guilty in United States District Court for the Southern District of New York to four charges added as part of a superseding indictment in February, and one charge […]

The Justices of the Supreme Court of Denmark have handed down two judgements on whether the sale of Bitcoin (BTC) under certain circumstances qualifies as a taxable event. In a March 30 notice, Denmark’s Supreme Court said a party who gained profits from selling Bitcoin acquired through several purchases and donations was required to report the sale as a taxable event, adding […]

Bitcoin is still the world’s biggest crypto network. However, according to James O’Beirne – one of the asset’s top developers – the blockchain behind BTC could wind up faltering in the coming weeks unless people decide to step up and donate enough money that the remaining developers can get paid for what they do. Bitcoin Developers Need More Funds to […]

The second biggest cryptocurrency, Ethereum, has been generating buzz in the past few days as the market rebounded. At the time of writing, the global cryptocurrency market is up 2%, according to CoinGecko’s latest data. This has presented a bullish signal for investors, which is certainly the reason for Ethereum’s recent price ascent. The latest market data shows ETH pumping […]

Chainlink’s LINK price is showing positive signs above $7.00. The price could rise further if it clears the $7.65 and $7.80 resistance levels. Chainlink token price is showing positive signs and rising from $6.75 against the US dollar. The price is trading above the $7.00 level and the 100 simple moving average (4-hours). There was a break above a major […]

United States Securities and Exchange Commission (SEC) chair Gary Gensler has thrown his support behind President Biden’s request to allocate a record $2.4 billion in funding for the regulator, highlighting the ongoing need to crack down on “misconduct” in the cryptocurrency industry. In prepared testimony for the March 29 budget hearing with the House Appropriations Committee, Gensler said the additional […]