Bitcoin Falls Back After Attempt at $72K, but Fed, U.S. Data and Global Rate Cuts May Bring New All-Time Highs
Upcoming consumer price index and labor market data releases in the next few days could be key for what’s next for bitcoin’s price.Source
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NYAG Sues 2 Crypto Pyramid Schemes, Promoters Targeting Haitian-Americans in $1B Scam
New York Attorney General Letitia James has filed suit against two purported crypto companies and their top promoters, a married couple, for allegedly operating two consecutive pyramid schemes that predominantly targeted Haitian immigrants to the U.S.Source
Bitcoin Mining Stocks Soar Amid Takeover Frenzy
The stocks are undervalued, so miners with attractive power contracts could become M&A targets, according to Wall Street analysts.Source
Iggy Azalea’s MOTHER Meme Coin Turned $3K Into $9M for 1 Lucky Crypto Trader
The raunchy rapper’s token has spawned fortunes and furor over celebrity cryptocurrencies.Source
Kraken Said to be Raising Over $100M Pre-IPO Funding: Bloomberg
Kraken is looking to raise more than $100 million and this may be completed by the end of this year, Bloomberg reported.Source
Crypto for Advisors: Layer 2s and the Evolution of Bitcoin
The Bitcoin community has developed various layer-2 blockchains that enhance the network’s efficiency and functionality without altering its core software.Source
Coinbase Wallet Adds Crypto Trading Alerts From Notifi
Notifi will deliver notifications to users of the Coinbase wallet.Source
Cathie Wood’s Ether ETF Pullback Is Likely Due to Fee War
Cathie Wood’s Ark Invest was the first company to seek permission to create a spot ether ETF in September, a pioneer who blazed the trail before a wave of other high-profile applicants. It has since dropped out of the race, likely because of the incoming intense fee battle, experts say.Source
Decentralized Exchange SushiSwap Goes Live on Bitcoin Sidechain Rootstock
Rootstock’s goal is to combine the security of the Bitcoin network with the smart contract capabilities of Ethereum.Source
Franklin Templeton Weighs New Crypto Fund Investing in Tokens Beyond Bitcoin, Ether: Report
The private fund targeting institutional investors would offer exposure to a range of cryptocurrencies beyond bitcoin and ether, The Information reported.Source