PacWest Bank plummets 50%! How will Bitcoin react?
Cointelegraph analyst and writer Marcel Pechman explains how PacWest’s plummeting share price and the continued banking crisis could impact Bitcoin....
Day: 5 May 2023
Will Biden’s plan to tax crypto mining reduce emissions? Critics say no
The tax is intended to reduce greenhouse gas emissions, electricity costs and local environmental pollution, but has not been kindly...
New York AG’s office seeks additional authority over crypto firms
Under a bill proposed by New York Attorney General Letitia James, crypto exchanges could be required to reimburse users who...
Memecoin hype drives Bitcoin transaction fees to multi-year highs
Despite the latest spike in Bitcoin transaction fees, the current BTC transaction cost is still far from all-time high levels....
Eligible Celsius users can withdraw all ‘Distributable Custody Assets’ following court approval
Certain Celsius users, largely those who only ever held funds in custody accounts, had previously been limited to withdrawing up...
Argentina’s central bank halts cryptocurrencies from payment apps
The ban is intended to reduce Argentina's payment-system exposure to digital assets, said the monetary authority. On May 4, Argentina's...
Crypto Biz: Hyperinflation and Bitcoin wagers, AI replacing first jobs and more
This week’s Crypto Biz explores the latest wild wager on Bitcoin prices, inflation fears and the jobs that artificial intelligence...
Liquid staking solutions now have more TVL than DEXs: Finance Redefined
April was a month of hacks, exploits and rug pulls, resulting in over $100 million in net losses across DeFi...
US Banking Crisis Looms as ‘Credit Tightening’ Mentions Reach Record Highs on Company Calls
Recent data reveals that while the banking industry in the U.S. is facing significant challenges, executives are mentioning “credit tightening”...
Former SEC Enforcement Chief: Coinbase’s Arguments ‘a Surefire Loser’ and Possibly Criminal
According to John Reed Stark, crypto exchange Coinbase’s assertions that its business activities were endorsed by the U.S. Securities and...
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