Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs The Amesbury, Massachusetts-based Bankprov, a subsidiary of Provident Bancorp, has announced that it will no longer provide loans secured by cryptocurrency mining rigs. In a filing with the U.S. Securities and Exchange Commission (EX-99.1), Bankprov stated that revenue from its digital asset loan portfolio […]
Bitcoin cryptoslate.com 2 h Reading time: ~3 m Futures open interest (OI) is the total number of open futures contracts for an asset held by market participants. Open interest on futures contracts for any given asset varies daily, representing the amount of cash flowing into the market. A growing OI means that more money […]
FTX Debtors Seek Dismissal of Turkish Entities in Chapter 11 Bankruptcy Proceedings FTX debtors have filed a motion with the court requesting to dismiss its Turkish subsidiaries from the Chapter 11 bankruptcy proceedings. The defunct crypto exchange’s lawyers believe dismissing the entities “is in the best interests” of creditors, and FTX debtors do not believe […]
Bitcoin cointelegraph.com 1 h Reading time: ~3 m Bitcoin (BTC) rose above $23,000 into the Jan. 31 Wall Street open as markets braced for a fresh macroeconomic reckoning. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: $25,000 best case for BTC/USD Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining around 1% in […]
Alameda Research Seeks $446 Million Over Alleged ‘Preferential Transfers’ to Voyager Digital On Monday, Alameda Research Ltd. filed a legal complaint against Voyager Digital LLC and HTC Trading Inc. in the U.S. bankruptcy court. The complaint alleges the defendants received preferential transfers of property from Alameda Research and the plaintiffs are seeking to recover approximately […]
Bitcoin finbold.com 1 h Reading time: ~2 m Former stockbroker, commonly known as the “Wolf of Wall Street,” Jordan Belfort, has delved into the possible Bitcoin (BTC) outlook for 2023 as the crypto sector attempts to exit last year’s bear market. Belfort talked about Bitcoin during The Wolf of Wall Street podcast session, where […]
Bitcoin, Ethereum Technical Analysis: BTC, ETH Lower, Ahead of Key Week of US Economic Data Bitcoin fell below $23,000 on Jan. 31, following a recent move to a five-month high over the weekend. Market volatility has since increased, as traders prepare for a big few days of economic data from the United States. The conference […]
Bitcoin coinedition.com 2 h Reading time: ~2 m The crypto market leader experienced a 24-hour drop in price as the crypto market shed 3.54% of its collective market cap. According to CoinMarketCap, the price of Bitcoin (BTC) is down 3.83% over the last 24 hours. This negative 24-hour price performance has flipped BTC’s weekly […]
Red Pill Studio Announces Private Round for TrainCraft Game press release PRESS RELEASE. Following the positive reception of the in-development Metaverse game Chimeras, RedPill Studio has announced a private funding round for an up-and-coming game TrainCraft. A total of $2,490,000 is sought in this initial round. 31st January 2023, Mahe, Seychelles – Experienced blockchain development […]
Bitcoin cryptopotato.com 2 h Reading time: ~2 m Bitcoin has added 38% to its USD value since the beginning of the month when it was priced at around $16,846. This has made January the asset’s best-performing month since October 2021, when it notched up 41%, according to Glassnode. The current rally was “fuelled by […]