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If Back and Finney’s $10 million price prediction becomes true, the BTC market cap will reach approximately $200 trillion.
The shutdown of Nexo’s earn product follows from a multi-million dollar settlement the firm paid last month with U.S. regulators.
According to people familiar with the matter, the notice relates to Binance USD, which is being seen by the SEC as an unregistered security.
Smaller-scale esports organizations have started using blockchain tech for distributing prize pools, but the tech is yet to be adopted by the big tournament organizers.
Coinbase executives claim that staking is not a security under the US Securities Act or Howey test.
BTC price could remain range-bound in the near term, but MATIC, HBAR, LDO and BIT could continue higher.
Over 72% of Silvergate Capital Corp stocks were shorted as of Jan. 31, shows FINRA’s latest data.
Core Scientific, Riot, and CleanSpark led the way in increasing Bitcoin production in January helped by better weather conditions and stable electricity prices.
Monetary policy refers to the actions taken by a central bank to manage the money supply and interest rates in an economy.
Crypto sentiment is “hysterical” with Bitcoin under $22,000, but no major trend lines have been lost yet, one analyst argues.
