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DC Attorney General Sues Michael Saylor and MicroStrategy for Tax Fraud

The attorney general of the District of Columbia (DC), Karl Racine, accused Michael Saylor of failing in his tax obligations while living in DC while also alleging that his company,…

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Alexis Ohanian’s VC Firm to Invest $177 Million in Cryptocurrencies (Report)

Seven Seven Six – a US-based venture capital firm founded by Reddit’s creator Alexis Ohanian – will reportedly raise a $177 million fund to invest in the cryptocurrency market. The…

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The Fed’s Approach to Inflation Harms Crypto, Says Bitfury’s CEO

Brian Brooks – Chief Executive Officer of the crypto infrastructure provider Bitfury – thinks the Federal Reserve’s approach to tackling inflation is one reason for the current downturn. He also…

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Three Reasons Why BTC is Trailing Alts During the Bear Market: Genesis

Joshua Lim – Head of Derivatives at Genesis Trading – recently provided a breakdown of Bitcoin’s late underperformance against the rest of crypto.  He provided 2 metrics indicating that Bitcoin’s…

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Bitcoin and Asian Equity Markets’ Return Correlation Increased 10x Over Pandemic: IMF

Before the world was hit by COVID-19, crypto assets such as Bitcoin and Ether showed little correlation with financial markets. Post-pandemic, the lines have become increasingly blurry. In a new…

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Bitcoin’s At Risk of $20K Breakdown, Here’s the Next Level to Watch (BTC Price Analysis)

Amidst the weekly candle close, Bitcoin’s situation continues to be bearish, following a considerable lack of demand in the market and the macro event. The price has recently plummeted towards…

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