CFTC fines Mirror Trading $1.7B for Bitcoin-related forex fraud

United States regulators have finally taken steps to resolve an enforcement case against the collapsed Mirror Trading International (MTI). The United States District Court for the Western District of Texas has ordered... Read more »

10 years later, still no Bitcoin ETF — but who cares?

The first spot Bitcoin exchange-traded fund (ETF) application, filed in July 2013, was denied in both 2017 and 2018. A decade has passed since that initial application, and the Securities and Exchange... Read more »

Bitcoin energy value metric puts BTC’s ‘fair value’ at $47K — Analyst

Bitcoin’s price is trading in a frustratingly tight range between $25,500 and $26,500, leaving traders unsure of the next direction that the asset could take. However, Charles Edwards, founder of Capriole Investments, believes... Read more »

Turkish crypto exchange Thodex CEO gets 11,000-year sentence for $2B scam: Report

The former CEO of Turkish crypto exchange Thodex, Faruk Fatih Özer, was sentenced to 11,196 years in prison by a Turkish court on charges of “establishing, managing and being a member of... Read more »

Persistent macro headwinds could delay Bitcoin bull market — ARK Invest

It’s been a whipsaw 2023 for investor sentiment, and even though equities markets have defied expectations, a recent report from ARK Invest highlights reasons why the remainder of 2023 could present several... Read more »

‘NFTs will win on Bitcoin’ — OnChainMonkey NFT collection ditches Ethereum

The team behind nonfungible token collection OnChainMonkey is shifting its entire collection of 10,000 NFTs from Ethereum to Bitcoin, in a massive undertaking expected to take several months. “A historical transition is... Read more »

FASB rules ‘eliminate the poor optics’ that detered firms from crypto: Analyst

The United States Financial Accounting Standards Board’s new rules for crypto accounting will eliminate the “poor optics” that plagued companies holding digital assets, according to analysts from Berenberg Capital. On Sept. 6,... Read more »

Enterprise blockchain, Bitcoin staking and Web3 pique investors’ interest

The sharp increase in global interest rates may have limited investors’ appetite for crypto ventures, but new projects are still flourishing and attracting capital to speed up growth. Data from the Cointelegraph... Read more »

Bitcoin bids move to lowest since March as BTC price dips under $25.7K

Bitcoin’s (BTC) bullish momentum is “fading” as liquidity shifts preempt a volatile move, a new analysis warns. In an X post on Sep. 6, Keith Alan, co-founder of monitoring resource Material Indicators,... Read more »

Colombian Bitcoiner aims to orange-pill coffee lovers one bean at a time

José Luis Garcia is a coffee-lover and entrepreneur trying to make his mark in the city of Medellín — the birthplace of Colombia’s modern coffee industry. Since the October launch of his start-up... Read more »