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First Mover Asia: Bitcoin Holds Steady Near $27K as Investors Weigh Debt Ceiling Developments

First Mover Asia: Bitcoin Holds Steady Near $27K as Investors Weigh Debt Ceiling Developments

Among major equity indexes, the tech-focused Nasdaq Composite climbed 0.5% to hit a 2023 high, while the S&P 500, which has a vital technology component, and Dow Jones Industrial Average (DJIA) ticked up 0.2% and 0.4%, respectively. Yields on...

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US Prosecutors Charge New Suspect in $45M Blockchain Fraud ‘CoinDeal’

US Prosecutors Charge New Suspect in $45M Blockchain Fraud ‘CoinDeal’

US prosecutors have filed a lawsuit against a new suspect, Bryan Lee, 57, for his alleged involvement in ‘CoinDeal’, a fraudulent investment scheme that raised $45 million by selling unregistered securities. Neil Chandran, the mastermind behind the scheme, was...

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Hyperbitcoinization is underway, RFK seeks Bitcoin donations and other news: Hodler’s Digest, May 14-20

Hyperbitcoinization is underway, RFK seeks Bitcoin donations and other news: Hodler’s Digest, May 14-20

Top Stories This Week Hyperbitcoinization coming, says Bitcoin OG as ‘wholecoiners’ hit 1 million Bitcoin has crossed a significant threshold this month — there are over 1 million addresses that hold at least 1 BTC. Data from Glassnode shows...

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Miami International Completes $50M Takeover of LedgerX from FTX

Miami International Completes $50M Takeover of LedgerX from FTX

Miami International Holdings (MIH), a US-based exchange conglomerate, has finalized its $50 million acquisition of LedgerX from the bankrupt cryptocurrency exchange FTX and its debtors. LedgerX, one of the few solvent subsidiaries of FTX Founder Samuel Bankman-Fried’s former empire,...

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Bitcoin price retests key support as Fed rate hike fears steal $27K

Bitcoin price retests key support as Fed rate hike fears steal $27K

Bitcoin (BTC) traded back below $27,000 on May 19 as analysis flagged large-volume trades pressuring price. BTC/USD 1-day candle chart on Bitstamp. Source: TradingView Inflation specter haunts crypto markets Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting...

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