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MicroStrategy new Bitcoin purchase

MicroStrategy Bought 480 Bitcoins for $10 M


Amid the bear market, business analytics company MicroStrategy added its Bitcoin holdings, purchasing 480 BTCs for about $10 M. The company paid around $20,817 per BTC. A release by the company says now it holds around 129,699 bitcoins purchased for $3.9 bln at an average price of about $30,664 per...

Compass mining

Compass Mining CEO and CFO resign


BTC mining equipment and services provider Compass Mining has announced the resignations of CEO Whitt Gibbs and CFO Jody Fisher. “Compass Mining was founded to make mining easy and affordable. We acknowledge that there have been numerous setbacks and disappointments that have detracted from this...

CoinFlex crypto

CoinFLEX Says Investor Roger Ver Has a $47 M Debt


Mark Lamb, the Chief Executive Officer of the cryptocurrency exchange platform CoinFLEX said investor Roger Ver owes the company $47 M in the USDC stablecoin. He tweeted that they have a contract with Ver which obligates him to guarantee his account’s negative equities and add margin. Lamb also...


Uzbekistan will allow BTC mining only on solar energy


The National Agency for Advanced Projects of Uzbekistan (NAPP) has developed a regulation on the legalization of bitcoin mining. However, in a document published late last week, it is noted that only those miners that use solar energy will be able to work freely. The obligation to use solar panels...

US Treasury North Korea crypto

US Treasury Says Crypto Fraud Is a Priority Sanction on North Korea


Under Secretary for Terrorism and Financial Intelligence at the US Treasury, Brian Nelson said in an interview that crypto fraud is the highest priority among the sanctions on North America. Nelson told South Korea's business newspaper Mael Business Newspaper he believes that virtual currency fraud...


Canadian investors withdrew the largest amount of capital from crypto funds


According to CoinShares, the withdraw of crypto funds amounted to almost $423 million during the last week. Moreover, the largest outflow of capital from products focused on digital currencies fell on the share of Canadian institutions. The digital asset management company has seen a lot of capital... earn Removed DOGE, SHIB, and Others From Its Earning Program


Crypto exchange made updates to its earning program. The team released a blog post that says some tokens were added and some removed. From June 27, 2022, the platform added Fantom’sFTM, Near’s NEAR, and Zilliqa’s ZIL. The platform also revised the reward rates.'s update...


Miners in the third quarter can start selling bitcoins again


Many mining companies were forced to dump some of the previously mined bitcoins in the second quarter of 2022. Selling was aggressive in May and June amid the return of turbulence in the cryptosphere, according to a friday report from JPMorgan Chase. According to the forecasts of its analysts, in...

SEC Gary Gensler Bitcoin

SEC Chair Said BTC Is the Only Crypto that He Can Call a Commodity


The Chair of the Securities and Exchange Commission, Gary Gensler said in a recent interview that Bitcoin is the only crypto that he's comfortable calling a commodity. While discussing potential regulations over crypto and crypto-backed ETFs with CNBC Squawk, Gensler mentioned that cryptos are...


JPMorgan allowed miners to maintain pressure on the price of bitcoin


Mining companies in need of liquidity in the third quarter are able to continue to exert downward pressure on the quotes of the first cryptocurrency. JPMorgan strategist Nikolaos Panigirtzoglou came to this conclusion. According to the expert's calculations, the share of public mining companies...

Eminem Snoop Dogg BAYC

Eminem & Snoop Dogg Dropped a Music Video With Bored Apes


Eminem and Snoop Dogg teamed up to present a new music video, which features Bored Ape Yacht characters, and visuals between real life and the metaverse. The track is called “From The D 2 The LBC.” It made a debut on YouTube three days ago, and now has over 8 M views. After the premiere,...


Albania will introduce taxation for cryptocurrencies


The Albanian authorities intend to introduce taxation on income from investments in cryptos from 2023. According to local media, the government has prepared appropriate changes to the legislation. At this stage, they are at the stage of public discussions. Under the proposed changes, virtual assets...

Horizon bridge hack

Harmony Offers $1 M Bounty To the Horizon Bridge Hacker


Harmony blockchain offered a $1 M bounty to a hacker that exploited a vulnerability on the Horizon Bridge and was able to move $100 M funds. They used different decentralized exchanges to swap the stolen cryptocurrencies for Ether. Harmony said the team won’t advocate for charges if the hacker...

Jim Cramer

Jim Cramer doubts bitcoin rally will resume soon


According to TV presenter Jim Cramer, in the coming months, bitcoin will be able to partially win back the June losses. However, we are unlikely to expect an aggressive and long-term growth of cryptocurrency. Most likely, after the rebound, trading will continue in a narrow range. Kramer himself...

Glassnode Bitcoin Ethereum

Current Crypto Bear Market Is the Worst in History: Glassnode


Blockchain data intelligence platform Glassnode released a research piece that says 2022 has been the most significant bear market in the history of cryptocurrencies. Glassnode mentions that this year has been tough for BTC and Ether as valuations have been hitting hard and fast. It has been...

SEC CFTC crypto

Gary Gensler Says SEC Is in Talks With the CFTC Over Crypto


The US Securities and Exchange Commission (SEC) intends to collaborate with other government agencies to increase oversight of cryptocurrency exchanges and companies. In an interview with Financial Times, SEC chair Gary Gensler said he is holding discussions with his colleagues from the Commodity...


Coinbase Launches Nano Bitcoin Futures


On June 27, Coinbase will launch nano futures for the first cryptocurrency. For CFTC approval, the bitcoin exchange will provide instrument trading through brokers. Contracts with the ticker BIT will be launched by Coinbase Derivatives (formerly FairX). Futures with settlements in US dollars is...

Goldman Sachs Celsius

Goldman Sachs Plans to Buy Celsius Assets


New York-headquartered international investment bank Goldman Sachs is seeking $2 bln from investors to purchase assets if the cryptocurrency lender Celsius goes bankrupt. The deal would let investors acquire the assets at significant discounts. People familiar with the matter told the news site...

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