Despite a significant fine from Iowa’s regulator just two weeks earlier, BlockFi has scored itself a license in the state.
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Month: June 2022
Regulatory uncertainty creates rash of ‘novel’ lawsuits: Legal experts
“Litigation and enforcement activity is likely to accelerate in the current regulatory climate, perhaps in unpredictable ways,” says lawyers from Choate Hall & Stewart LLP.
Bitcoin bounces 8% from lows amid warning BTC price bottom ‘shouldn’t be like that’
Hodlers catch their breath as markets digest the prospect of higher Fed rate hikes, but traders refuse to believe that Bitcoin is done dropping.
Large Bitcoin liquidations mean one man’s pain is another man’s pleasure — Time to buy the dip?
Pro traders were forced to cut their losses after margin and futures markets became over-leveraged, creating a potential entry point for bullish buyers.
These 3 metrics suggest the Bitcoin price crash is not over
$20,000 feels scary, but it may not be the end of the story for Bitcoin’s latest bear cycle.
Ethereum sell-off resumes with ETH price risking another 25% decline in June
Ether price is forming a bear pennant pattern whose profit target comes to be near $850.
BTC price rejects at $23K as US dollar declines from fresh 20-year highs
The Fed rate hike does not offer much relief as a downtrend in stocks resumes, dragging Bitcoin with it.
Further downside is expected, but multiple data points suggest Bitcoin is undervalued
Traders are taking a hands-off approach to BTC, but a number of price metrics suggest Bitcoin is undervalued even though further downside is expected.
Bitcoin traders expect a ‘long consolidation’ phase now that BTC trades below $21K
Analysts say the entire crypto market is in for a very long consolidation and accumulation period following BTC’s current drop to 2017 highs.
KPMG enters the metaverse, invests $30M in Web3 employee training
The long-term objective for the company is to examine other potential metaverse use cases such as health care, consumer, retail, media and financial services.