Grayscale Goes to Court After SEC Rejects its Proposed ETF Bid

The United States Securities and Exchange Commission (SEC) dashed the hopes of Grayscale Investments with a rejection of its application to convert the Grayscale Bitcoin Trust product to a full-spot Exchange Traded Fund (ETF) (Read More)

Deutsche Bank Predicts Bitcoin Rising to $28K by Year-End — Warns ‘Crypto Free Fall Could Continue’

Deutsche Bank has predicted that the price of bitcoin will increase nearly 40% from the current level to $28K by the end of the year.

Bitcoin: Decoding why BTC fell below $20k mark on 30 June

Crypto bears initiated a fresh assault on Bitcoin [BTC] in the morning of 30 June, pushing the king cryptocurrency below $20,000.

Polkadot Under Strong Bearish Influence , Will The Nearest Support Level Hold?

Polkadot continues to face downtrend on its chart as broader market strength also remained low.

Binance Partners With Cambodian Regulators to Develop a Local Regulatory Framework

Binance and the SERC will attempt to boost crypto adoption in Cambodia and establish rules in the local industry.

Rewards4Earth plans to roll out crypto rewards to 1000 sports clubs in Australia

Even a small adoption of the reward token could see up to $300 million used to fund environmental initiatives and provide clubs with funding to benefit the community. In a small coastal town just north of Brisbane, Queensland, 20 members of the Coolum Surf Club have been taking part in an initial trial of the Erth Point System, a crypto rewards platform from the Australian company Rewards4Earth.Doug Flockhart, former CEO of Clubs Queensland, the body for community clubs in the state, spoke to Cointelegraph about how his goal is to integrate the system through over 1,000 community clubs across Australia.

CFTC Cites $1.7 Billion MLM In Its 'Largest Fraud Scheme Case Involving Bitcoin'

The agency alleges Cornelius Steynberg used a multilevel marketing scheme to bring in over 29.4K Bitcoin.

Can Ethereum continue holding its $1000 level amid major sell-off

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. At the start of June, Ethereum [ETH] was The post Can Ethereum continue holding its $1000 level amid major sell-off appeared first on AMBCrypto.

DOJ Files Charges Against Baller Ape Club ‘Rug Pull’

The DOJ also announced three other crypto fraud cases amounting to over $100 million in potential losses.

How Foresight Ventures Is Approaching Investments in the Current Market Environment

The Foresight Ventures founding and partnership team includes veterans of some of the top financial and technology firms dedicated to sourcing and supporting the next generation of disruptive innovations across Web3.

Lightning Labs Introduces Taproot, Musig2 in Beta Version of Lightning Network Daemon

The Bitcoin Lightning Network developer has added new functionalities including Taproot and Musig2 in its first release of the year.

Onecoin’s Co-Founder Ruja Ignatova Has Been Added to the FBI’s 10 Most Wanted Fugitives List

One of the Onecoin co-founders, Ruja Ignatova, otherwise known as the ‘Cryptoqueen,’ has been added to the Federal Bureau of Investigation’s (FBI) Ten Most Wanted Fugitives list on Thursday.

Decentraland: An extended decline for MANA depends on these conditions

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. After Decentraland [MANA] lost its previous baseline at the $2The post Decentraland: An extended decline for MANA depends on these conditions appeared first on AMBCrypto.

Top Crypto Trader Warns Bitcoin (BTC) Could Crash Much Lower Than $20,000 – Here’s Why

A crypto trader warns Bitcoin (BTC) could hit lower lows as a stock index tracking the performance of the 500 largest US public companies worsens.

VeChain At Risk Of Further Losses? VET Price Drops 30% In Downtrend

The crypto market continues on its downtrend, and VeChain (VET) follows after expiring some relief over the last weekend.

Retail Investors Buying the Bitcoin Dip: Analysis

Despite rapid declines in the crypto market, buying has already started, shows data from IntoTheBlock.

NFTs to appear on Facebook, cross-post with Instagram as Meta Web3 expansion continues

Nonfungible tokens will be found under a tab on creators’ Facebook timelines in a gradual rollout starting in the United States. Facebook will support nonfungible tokens (NFTs) with a “digital collectibles” tab on creators’ timelines to display their work.

Ethereum Classic: These levels could be the demand zone next week

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Like many altcoins in the crypto sphere, Ethereum Classic [ETCThe post Ethereum Classic: These levels could be the demand zone next week appeared first on AMBCrypto.

Bitcoin Short ETF is Now Second Largest Bitcoin ETF in US

ProShares now controls the two largest Bitcoin ETFs in the country. 

Bitcoin Could Climb to $28K by 2022’s End, Deutsche Bank Analysts Suggest

If bitcoin and US stocks keep their synchrony, the former could tap $28K before the year's end, said strategists from the global bank.

Analysts identify 3 critical flaws that brought DeFi down

Poor risk management, insufficient revenue and the overuse of leverage are the core reasons why DeFi is crumbling. The cryptocurrency market has had a rough go this year and the collapse of multiple projects and funds sparked a contagion effect that has affected just about everyone in the space. The dust has yet to settle, but a steady flow of details is allowing investors to piece together a picture that highlights the systemic risks of decentralized finance and poor risk management.Here’s a look at what several experts are saying about the reasons behind the DeFi crash and their perspectives on what needs to be done for the sector to make a comeback.

US lawmakers say crypto industry has a 'tech bro' problem hurting innovation

Venture capitalists tend to invest in companies with predominantly white male leadership, while women and people of color "remain in the waiting room," according to Stephen Lynch. According to some United States lawmakers in the House Financial Services Committee, the lack of diversity in the financial technology space could be hurting many companies’ bottom lines.In a Thursday virtual hearing on “Combatting Tech Bro Culture,” US lawmakers and witnesses discussed how women and people of color were underrepresented in leadership positions in the financial technology industry, including crypto firms.

Former Monero maintainer Riccardo 'Fluffypony' Spagni to surrender for South Africa extradition

Court filings hint at authorities allowing Spagni to be in the United States for the Independence Day holiday weekend before being taken to South Africa early on Tuesday. Riccardo Spagni, the former maintainer of the privacy coin Monero also known as Fluffypony, faces extradition to South Africa months after his arrest by US authorities.In a Thursday court filing for the Middle District of Tennessee, Magistrate Judge Alistair Newbern ordered Spagni to surrender to US Marshals on July 5 for extradition to South Africa.

BlockFi CEO Denies FTX Is Set to Acquire Crypto Lender for Only $25M

If a deal goes through, it won't be the first time FTX started an acquisition with a line of credit.

EU Agreement Reached on Anti-money Laundering Rules for Cryptocurrencies

European institutions have reached an interim consensus on a set of EU regulations that will burden crypto companies with the obligation to help prevent money laundering, among other illicit activities potentially involving digital assets.

Report Claims Samsung Is Producing 3nm ASIC Chips — Speculators Assume First Customer Is a Bitcoin Mining Rig Manufacturer

The electronics giant and largest corporation in South Korea, Samsung, is in the midst of creating 3-nanometer (3nm) semiconductors for a Chinese application-specific IC firm, sources have said.

Rap Star Snoop Dogg Believes Crypto Industry Will Bounce Back — Crash ‘Weeded’ Out Bad Apples

This week, the rapper Snoop Dogg spoke about the crypto crash in an interview with CNBC on Tuesday and explained that he believes the cryptocurrency economy will bounce back.

Mars4 expands its horizons with the Latoken listing

Play-to-earn project Mars4 is growing fast.

Harmony, North Korea, Lazarus - A Q worth $100M

The Horizon hack has taken a new twist after the latest post-mortem report.

Monero [XMR] traders need to be wary of this before placing calls

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Post a rising wedge-like (white) setup, Monero [XMR] expectedlThe post Monero [XMR] traders need to be wary of this before placing calls appeared first on AMBCrypto.