Bitcoin will be just one of the risk assets that “crater” as the Federal Reserve is forced to abandon quantitative tightening in future, the ex-BitMEX CEO warns. In his latest blog post released on Jan. 19, Arthur Hayes, the former CEO of the BitMEX exchange, predicted a “global financial meltdown” thanks to future United States economic woes….
The crypto market is down today after the U.S. government cracks down on Bitzlato and stocks begin to give back some of their gains from the start of the year. The crypto market is down today, as a slew of negative news events weigh on Bitcoin, Ether and altcoin prices. After jumping to yearly highs,…
The Department of Justice, Treasury Department and French law enforcement seized many of Bitzlato’s resources, alleging the firm helped launder $700 million in illicit funds. The United States Department of Justice announced a “major international cryptocurrency enforcement action” against crypto firm Bitzlato and the arrest of its founder, Anatoly Legkodymov. In a Jan. 18 announcement,…
ConsenSys CEO Joseph Lubin confirmed the company would be cutting 96 of its staff to focus its resources on its core businesses. ConsenSys, the parent company behind MetaMask, is letting go of 11% of its workforce, with CEO Joseph Lubin blaming “uncertain market conditions” brought on by recent collapses. In a blog post from ConsenSys…
Bitcoin was on the road to breaking a nearly 10-year-old record but the price dip over the past day put a stop to the multi-day win streak. The two-week-long Bitcoin winning streak has finally come to an end, after the cryptocurrency formed its first red candle on Jan. 18. The day prior, BTC was shaping up…
Members of Crypto Twitter were quick to mock Tucker Carlson, who provided no supporting evidence to back his claims. Controversial Fox news television host Tucker Carlson has proposed a curious conspiracy theory that seeks to link airline delays in the United States and Canada with a surge in the Bitcoin price. He suggested the computer…