Cryptocurrency
Bitcoin Mining giants face lawsuit over cryptography patents –
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Key TakeawaysThe suits claim that by running Bitcoin software and mining operations, the miners are unlawfully using ECC-based methods patented by Certicom and now owned by Malikie. The lawsuits allege infringement through the use, testing, sale, and import of mining...
Cryptocurrency
AVAX Rises 3.8% on Strong Volume, Breaking Key Resistance Levels
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AVAX broke through key resistance levels on high volume, establishing new support zones around $21.30 as traders navigate complex market conditions influenced by international trade disputes and monetary policy speculation.Technical Analysis• AVAX climbed from $20.52 to $21.31, representing a...
Cryptocurrency
Texas Rep. Brandon Gill under fire over late $500K Bitcoin disclosures
Texas Republican Representative Brandon Gill is facing scrutiny after filing late disclosures for up to $500,000 in Bitcoin purchases, potentially violating federal law.Gill, a first-term House member known for his bill proposing President Donald Trump’s face on the $100...
Cryptocurrency
Insurers Eye Kidnap and Ransom Policies for Wealthy Crypto Holders – Crypto News Bitcoin News
Insurance companies are considering the launch of kidnap and ransom policies aimed at wealthy cryptocurrency holders, driven by increasing concerns over kidnappings of crypto entrepreneurs. K&R Insurance for Crypto Holders U.S. insurance companies are reportedly contemplating launching products specifically...
Cryptocurrency
Robinhood closes staggering $200 Million acquisition of crypto firm Bitstamp –
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Key TakeawaysThe deal, which represents Robinhood’s largest acquisition to date, was announced in June last year, and was paid fully in cash.With the acquisition, Robinhood gains access to 50 global crypto licenses, a ready-made institutional client base expanding over...
Cryptocurrency
Crypto Lobbyists Urge U.S. Senators to Dodge Distraction in Stablecoin Debate
The U.S. Senate's stablecoin bill is heading back into the final days of floor debate, and the crypto industry's Washington lobbyists are calling for senators to stay focused on the task even as other legislative efforts muscle into the...
Cryptocurrency
Singapore’s MAS orders crypto firms to cease overseas activity by June end –
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Key TakeawaysThe regulatory watchdog made it clear that there will be no transitional arrangements, exemptions, or grace periods for digital token service providers (DTSPs) operating without a license MAS has also warned that licenses will be granted only under “extremely...
Cryptocurrency
Price predictions 6/2: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE
Key points:Bitcoin risks a deeper correction to $100,000, but a positive sign is that Strategy and Mataplanet continue to accumulate.Ether and select altcoins are trying to bounce off their strong support levels, signaling buying on dips.Bitcoin (BTC) failed to...