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In the Dec. 31 letter to Treasury Secretary Janet Yellen obtained by Law360, Senator Tim Scott, a member of the Senate Banking Committee, and Representative French Hill, the House Financial Services Committee vice chair, asked for a full congressional briefing on the breach by Jan. 10.
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Copper reportedly failed to secure a permanent UK registration when the FCA updated its register of crypto asset businesses in 2022.
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Copper’s former CEO Dmitry Tokarev — who started the business in 2018 — stepped down in October, with banking veteran Amar Kuchinad taking over as global CEO.
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MicroStrategy is expected to crack the Nasdaq 100 stock index on Dec. 23, according to Bloomberg Intelligence analyst Eric Balchunas.
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“Lows got raided into new york open before reversal. Ideally want to see price above $95K after that sweep,” popular trader Skew wrote in his latest X post on the 4-hour chart.
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The “Kimchi premium” — the difference in spot BTC price between South Korean exchanges and others — fell to its most negative in history before resetting.
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Flash volatility at the previous Wall Street open had come courtesy of political turmoil in South Korea, which briefly sent price below $94,000.
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Data from Cointelegraph Markets Pro and TradingView showed BTC/USD approaching $97,000, up 1% on the day.
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“This surge in retail interest may partly explain the strong ongoing demand, even as long-term holders begin to take profits,” contributor Darkfost reasoned in one of CryptoQuant’s Quicktake blog posts.
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Data from onchain analytics platform CryptoQuant shows the 30-day change in buyer volume among smaller investors passing 30%.
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Fellow trader CrypNuevo warned that a downside wick on weekly timeframes may yet see a more substantial retest, giving a potential target of $90,000 or lower.
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“Bitcoin continues to retest the series of Lower Highs as support. Producing longer and longer downside wicks. Grabbing liquidity at lower and lower prices without losing the trendline,” he told X followers.
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Examining daily timeframes, popular trader and analyst Rekt Capital was nonetheless hopeful.
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Lows got raided into new york open before reversal. Ideally want to see price above $95K after that sweep,” popular trader Skew wrote in his latest X post on the 4-hour chart.
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Valour’s parent company, DeFi Technologies, manages approximately $600 million in assets across a variety of crypto-native strategies.
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On Nov. 26, the former CEO of Binance, Changpeng “CZ” Zhao, urged the crypto community to shift its focus away from memecoins and into building “real” blockchain applications.
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On Nov. 15, plaintiffs withdrew a 2022 class-action lawsuit filed against Elon Musk and Tesla alleging that the businessman manipulated the price of DOGE through media appearances and social media posts.
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It is widely considered the first memecoin but is also used for micropayments and tipping.
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Dogecoin operates on its own proof-of-work (PoW) blockchain network similar to Bitcoin’s but with less computationally intensive transaction verifications and no upper limit on total Dogecoin supply. Dogecoin does not support smart contracts.
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Initially launched in 2013 as a satirical commentary on BTC, DOGE now commands a total market capitalization of some $55 billion, according to CoinMarketCap.
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