Cryptocurrency – Page 13

Tick tock, next block: Bitcoin difficulty sees another positive adjustment

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Michael Saylor says Bitcoin dominance is headed for 80% in the long term

Bitcoin’s (BTC) dominance is set to reach 80% in the long term as regulators crack down on other assets, MictraStrategy co-founder Michael Saylor told Bloomberg TV on June 13. MicroStrategy is the largest public holder of BTC. Currently, Bitcoin’s crypto market dominance is around 48%, meaning BTC accounts for nearly half of the over $1…

TRON brings in investment firm DWF Labs to add liquidity to ecosystem

Binance CEO denies selling Bitcoin amid market manipulation allegations

A trend that is playing out to defend the BNB $220 liquidation level

Prime Trust subsidiary Banq declares bankruptcy

Banq, a subsidiary of crypto custodian Prime Trust, filed for bankruptcy in the U.S. District Court of Nevada on June 13. Banq specializes in payment processing for cryptocurrency businesses. In the bankruptcy filing, the firm listed assets of $17.72 million and liabilities amounting to $5.4 million. The timing of the bankruptcy filing is notable, coming…

Bahamian court orders review of US charges filed after SBF’s extradition

Sam Bankman-Fried (SBF) won a small victory in a Bahamian court on June 13. The court temporarily blocked the Bahamas attorney general from consenting to charges added to SBF’s U.S. indictment after his extradition in December 2022, Bloomberg reported. The U.S. prosecutors added four new charges to the previous eight counts of fraud charges in…

SEC snubs Coinbase’s seven-day rulemaking request but could act by October

The U.S. Securities and Exchange Commission (SEC) stated in a June 13 court filing that it has not yet decided on requests from Coinbase. SEC says it hasn’t decided on rulemaking In July 2022, Coinbase petitioned the SEC to engage in rulemaking for the cryptocurrency industry, seeking clear regulatory guidelines. Later, in April 2023, Coinbase…