3 Members of Terraform Labs’ In-House Legal Team Abruptly Leave Amid LUNA, and UST Fallout

Three members of Terraform Labs’ legal team have left the company, according to their Linkedin profiles that show their departure from the firm this month. The resignation of the company’s in-house litigation, regulatory, general, and corporate counsel members follow the project’s fallout last week as the blockchain’s native crypto assets dropped significantly in value. Linkedin […]

Jeff Bezos Accuses Joe Biden of ‘Misdirection’ on Inflation

Billionaire businessman Jeff Bezos has accused Joe Biden of “misdirection” after the U.S. President argued that increasing corporation taxes could ease inflation. The argument arose with U.S. inflation at 8.5%, its highest level in 40 years. The suggestion that inflation can be reduced with higher taxes appears to fly in the face of all conventional […]

Bitcoin, Ethereum Technical Analysis: BTC Below $30,000 Again as Crypto Consolidation Extends   

Bitcoin prices dropped during the hump-day session, as bulls were unable to maintain Tuesday’s gains. The world’s largest cryptocurrency once again fell below the $30,000 level, whilst ETH also moved lower. Bitcoin Following a slight rally in price during Tuesday’s session, bearish sentiment returned to markets on Wednesday. This sentiment saw BTC/USD drop to a […]

Ethereum (ETH) Bounces At Yearlong Horizontal Support

While Ethereum (ETH) is trading inside a short-term bullish pattern, the long-term price action and indicator readings are both bearish. ETH has been falling since reaching an all-time high price of $4,868 on Nov 10. The downward movement was preceded by a very significant bearish divergence (green line) in the weekly RSI.  Another important RSI […]

Major Exchanges Stay Silent on Risks to Customer Funds

Coinbase’s recent revelation about the risk of user funds becoming lost should the exchange go bankrupt has highlighted the need for consumer vigilance when choosing crypto platforms. Coinbase CEO Brian gave users a glimpse of what could happen to their assets should the exchange go bankrupt, highlighting the stark differences between crypto exchanges and traditional stock brokers. According […]

BitcoinUSD․com Launches a Market Watch Site

PRESS RELEASE. BitcoinUSD.com, a website developed to educate the public on crypto exchanges and current prices, launched its new website. The new site provides more information on current cryptocurrency prices, live market cap, news and educational articles through its crypto blog. The new site offers a variety of features. These include information on various coins, […]

US Agencies Warn of Hiring North Korean IT Workers Online

U.S. government agencies have issued a warning about hiring North Korean IT workers and published a fact sheet on how to identify them. The United States Treasury and other agencies posted the fact sheet offering detailed information on how North Korean IT workers operate, providing red flag indicators and due diligence measures.  The goal is […]

Bitcoin’s (BTC) Short-Term RSI Gives Bearish Signal

Bitcoin (BTC) has been consolidating just below the $30,500 area over the past five days and short-term readings suggest that the price will not be successful in moving above the area, rather it will break down prior to potentially making another breakout attempt. BTC has been decreasing since it broke down from an ascending parallel […]