Genesis to Shutter Crypto Trading Desk for U.S. Market
++The subsidiary had escaped parent company Genesis Global’s lending-induced bankruptcy. Genesis’ U.S.-focused spot crypto trading business will shut down later this month, according to an…
Category: News
Crypto Exchanges Saw Inflows of 30K Bitcoin Prior to Grayscale’s SEC Victory
The exchange supply of bitcoin increased significantly just prior to Grayscale’s win over the SEC, according to analytics firm Santiment. Bitcoin (BTC) chalked out a…
U.S. Crypto Tax Proposal Lets Miners Off the Hook, Snares ‘Some’ Decentralized Exchanges
The IRS is finally proposing rules for crypto tax reporting, giving the industry its own 1099 form and declaring digital asset miners safe from the…
Crypto Exchange EDX Markets Taps Anchorage as Custody Provider
The exchange, which is backed by several Wall Street firms, differs from its peers because it doesn’t hold customers’ digital assets. Crypto exchange EDX Markets,…
Bitcoin Looks Most Oversold Since Covid Crash, Key Indicator Suggests
Bitcoin’s relative strength index has dropped well below 30 to its strongest oversold reading since March 2020. A technical analysis indicator shows extreme oversold conditions…
Ethereum Co-Founder Vitalik Buterin Sends $1M ETH to Coinbase
Vitalik Buterin transferred over $1 million worth of ether to crypto exchange Coinbase on Monday. Ethereum co-founder Vitalik Buterin deposited 600 ether (ETH), which is…
Elliott Wave Roadmaps…
Bitcoin 1-2, 1-2 and ready for straight up Bitcoin 1-2, and the next 1-2 needs one more wave (c) down to complete it. Bitcoin completed…
Bitcoin’s ‘Taker Buy-Sell Ratio’ Surges, Signals Renewed Bullish Vigor
The ratio shows more optimism at $29,000. Bitcoin’s (BTC) “taker buy-sell ratio” recently surged on several crypto exchanges, signaling a renewed bullish sentiment at around…