Updated Trading News

Bitcoin Drops Below $28K; JPMorgan Takes Over Embattled First Republic Bank
Bitcoin Drops Below $28K; JPMorgan Takes Over Embattled First Republic Bank

BTC’s price had dropped from well above $29,000 since Sunday evening. Investors await Wednesday’s FOMC decision.

Michael Saylor's MicroStrategy Books a Much Smaller Bitcoin Impairment Charge
Michael Saylor's MicroStrategy Books a Much Smaller Bitcoin Impairment Charge

Amid BTC's big rally, the company's impairment loss narrowed to $18.9 million in the first quarter from $197.6 million in the fourth quarter.

Price analysis 5/1: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL
Price analysis 5/1: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL

Bitcoin and most major altcoins are witnessing aggressive selling at higher levels, indicating that the bears are trying to make a comeback.

Will $28K Bitcoin price hold? Two indicators remain solid despite 5% pullback
Will $28K Bitcoin price hold? Two indicators remain solid despite 5% pullback

BTC margin markets and futures’ long-to-short indicator show professional traders are unwilling to bet on Bitcoin's price dropping.

FTX investor Temasek pours $10M in algorithmic currency system Array
FTX investor Temasek pours $10M in algorithmic currency system Array

The new algorithmic currency system aims to provide a more “stable, efficient and scalable” asset than common coins like Bitcoin.

Bhutan mines Bitcoin with hydropower since BTC price was $5,000
Bhutan mines Bitcoin with hydropower since BTC price was $5,000

The Kingdom of Bhutan uses Himalayan rivers to generate energy used to mine Bitcoin, local reports reveal.

Tokens but not crypto: Nigeria SEC prepares new digital asset rules
Tokens but not crypto: Nigeria SEC prepares new digital asset rules

Nigeria’s securities regulator will take at least 10 months to determine whether to register a digital asset-related company.

First Mover Asia: Bitcoin, Ether Open Asia’s Trading Week Flat
First Mover Asia: Bitcoin, Ether Open Asia’s Trading Week Flat

ALSO: Five CoinDesk journalists offer their takeaways from Consensus 2023. They found an industry still filled with optimism but also realistic about the challenges ahead, most notably, regulatory uncertainty.

Justin Sun to Reverse $56M Binance Transfer After CZ Warns Against Potential SUI Token Grab
Justin Sun to Reverse $56M Binance Transfer After CZ Warns Against Potential SUI Token Grab

"Binance LaunchPool are meant as air drops for our retail users, not just for a few whales," Binance CEO Changpeng Zhao tweeted after Sun transferred $56 million in TUSD to Binance.

Coinme, Subsidiary and CEO Fined $4M by SEC Over UpToken Offering
Coinme, Subsidiary and CEO Fined $4M by SEC Over UpToken Offering

The bitcoin kiosk company, its subsidiary Up Global and the CEO of both entities were accused of conducting "unregistered offers and sales of securities."

Nigeria's SEC Mulls Allowing Tokenized Equity, Property But Not Crypto: Bloomberg
Nigeria's SEC Mulls Allowing Tokenized Equity, Property But Not Crypto: Bloomberg

The regulator is considering applications for digital asset exchanges on a trial basis.

Jack Dorsey’s nano Bitcoin mining chip heads to prototype
Jack Dorsey’s nano Bitcoin mining chip heads to prototype

Block has completed the design of its new prototype ASIC chip that it says will fast-track its plan to bring an “open source” Bitcoin mining rig design to market.

Ask a Question

Our customer service experts are always here to help