Crypto News

Tether Slams Celsius Network’s ‘Baseless’ $2 Billion Lawsuit

Stablecoin issuer Tether has slammed the”baseless” claims that it illegally liquidated Celsius Network’s bitcoin collateral. Tether accused the crypto lender of trying to “improperly impose the costs of Celsius’ mismanagement and failure on Tether.” Shameless Litigation Stablecoin issuer Tether Holdings Ltd. has rejected the “baseless” claims by the bankrupt crypto lender Celsius Network that theSource link

Ex-Bank of Japan Official Rules Out Another Rate Hike This Year

The BOJ recently raised rates for the first time in over a decade, destabilizing global markets, including bitcoin.Source link

Bitcoin Nears $58K as Market Slides Ahead of Busy Data Week

Crypto markets lack a clear anchor and are susceptible to continued position adjustments based on traditional finance markets, one analyst said.Source link

a16z Crypto Explores Token Best Practices and Emerging Trends

a16z crypto offers guidance on token best practices, financial models, and innovation ecosystems, while highlighting recent blockchain advancements in California. (Read More)Source link

Dragonfly, Crypto.com Weigh in on CFTC’s Proposed Prediction Market Rules

Both parties argue the CFTC's move to regulate prediction markets is an overreach, with Dragonfly arguing that the recent 'Chevron' court ruling limits its power.Source link