Bitcoin price is declining below $23,500 against the US Dollar. BTC might extend losses if it stays below the $22,500 resistance zone. Bitcoin Price Analysis Bitcoin price started a fresh decline from the $24,000 resistance zone. A high was formed near $23,999 before the price started a steady decline. There was a clear move below the $23,500 and $23,200 support […]

Bankrupt crypto lender Voyager Digital has received court approval to sell its assets and transfer its customers to Binance.US in a deal valued at $1.3 billion. However, the deal faces additional hurdles before it becomes final. Approval by US Bankruptcy Judge: The restructuring plan built around the Binance.US acquisition has been approved by US Bankruptcy Judge Michael Wiles in a […]

XRP prices leaped today as investors grew hopeful the Ripple/SEC lawsuit will likely conclude in the next coming weeks. This means we could finally see the light at the end of the litigation tunnel. Most importantly, the chances of the case ending in Ripple’s favor are looking better each day. Ripple Lawsuit Set To Conclude Soon? Ripple’s long-running dispute with […]

A panel of judges heard oral arguments in the Grayscale Investments suit against the United States Securities and Trade Commission (SEC) on March 7. Grayscale is challenging the SEC order not to approve Grayscale’s application to create a Bitcoin (BTC) spot exchange-traded fund (ETF). The SEC issued its order on July 6, 2022. Former solicitor general Donald Verrilli Jr. represented […]

Crypto investment platform CoinFLEX has received approval for its restructuring plan from the courts in Seychelles, the company announced March 7 on its blog.  The courts are expected to publish the order the same week, the blog post added. Trading in locked assets has been halted until 24 hours after the publication of the court order on the restructuring to […]

Creditors from Mt. Gox have until the end of the week to register and select a repayment method as part of the plan by which they will be compensated for their losses with the defunct crypto exchange. In a March 7 announcement, Mt. Gox trustee Nobuaki Kobayashi reiterated a January notice reminding creditors who had not registered for repayment they […]

Grayscale Investments, a digital currency asset manager, has been in a legal battle with the US Securities and Exchange Commission (SEC) over its proposed bitcoin exchange-traded fund (ETF) for several months. The dispute centers around the SEC’s rejection of Grayscale’s application to launch the ETF, which would have provided institutional investors an opportunity to invest in bitcoin without directly buying […]

The fallout of crypto-focused bank Silvergate has jolted the crypto sector in the past few days, drawing the attention of US regulators and now the White House. On Monday, White House Press Secretary Karine Jean-Pierre told reporters that Biden’s administration was “clearly aware of the situation”, adding that the White House was closely monitoring Silvergate. “So, we are aware of […]