The Securities and Exchange Commission spent much of 2024 suing crypto exchanges and products operating within the US, typically over the sale of “unregistered securities”. The legal battles have drawn out over the year, with Coinbase itself taking on the SEC and accusing them of being unwilling to draft legislation that provides regulatory clarity. The […]
The Base blockchain has experienced a meteoric rise, surpassing 2 million daily active addresses, outpacing other Layer 2 (L2) solutions. While the recent spike in activity is partly driven by airdrops and the introduction of $cbBTC, the main excitement seems to stem from the growing popularity of Basenames, Base’s equivalent of ENS domain names. The […]
TL;DR The SHIB community has been warned about fake Treat tokens being promoted by scammers. The ShibArmy is urged to stay vigilant, verify information through trusted sources, and report any suspicious activity. Beware of Fake Tokens The popular meme coin Shiba Inu (SHIB) has one of the largest communities in the crypto world, encompassing millions […]
The Central Bank of Nigeria (CBN) raised the Monetary Policy Rate (MPR) by 50 basis points to 27.25% and increased the Cash Reserve Ratio (CRR) for banks. These measures aim to combat inflation and stabilize the Nigerian economy. The CBN governor, Olayemi Cardoso, stated that the reforms implemented have restored the bank’s credibility and boosted […]
Which top coins can keep rising this week?
Australian regulators are reportedly drafting updated guidance that will require cryptocurrency exchanges to obtain financial services licenses. This will expand the current licensing requirements, which apply primarily to digital currency exchanges. The Australian Financial Review (AFR) shared details of these upcoming changes. Further Crypto Regulations Needed Alan Kirkland, a commissioner at the Australian Securities and […]
Over the last month, the 100 Mile House RCMP has received several reports of cryptocurrency fraud. Staff Sgt.
Popcat (POPCAT) is spearheading the movement to bring attention to Solana’s memecoins. Many of these projects are proving the critics wrong, despite others doubting their “shelf life.” In the wake of Bonk’s ascent and its intention to introduce a Bonk ETP, Popcat has gained attention due to its most recent performance. Notably, CoinCodex has taken […]
The suit alleges that Visa purposely made it difficult for competitors to participate in the payments market.
SkyBridge Capital founder Anthony Scaramucci believes that former president Donald Trump is causing Democrats to shift away from their perceived anti-crypto position. In a new CNBC report, Scaramucci says that since Trump, the Republican nominee for US president, is embracing the crypto industry, Democrats are now starting to distance themselves from Capitol Hill’s harshest crypto […]
September 24, 2024 – Miami, Florida Floki is proud to announce that Valhalla, an innovative Web 3.0 play-to-earn game, is in a groundbreaking partnership with Alliance, a leading global esports organization. The partnership with Alliance allows Valhalla to tap into the vast esports audience, introducing gamers to the benefits of Web 3.0 while combining exciting […]
TL;DR Bitcoin has experienced a notable increase in its price, reaching a local high of $64,200 following the Federal Reserve’s interest rate cut. The growth of open interest in the futures markets has outpaced the increase in Bitcoin’s price. Inflows into Bitcoin ETFs have grown, with $397.2 million injected. Bitcoin is shaking up the entire […]
Matt Hougan, chief investment officer of Bitcoin and crypto asset manager Bitwise Investments, claims the “most powerful people in finance” are allocating to Bitcoin and crypto. JUST IN: 🇺🇸 $4.5 billion Bitwise CIO says, “the most powerful people in finance” are allocating to #Bitcoin and crypto. Are you paying attention? 👀 pic.twitter.com/NrRfSstkkr — Bitcoin Magazine […]
Bank of New York Mellon will not be held to SEC accounting practices for client crypto custody after a review.
The research arm of a top crypto exchange is warning traders to keep an eye on open interest (OI) while trading altcoins. In its latest Alpha research findings, Bitfinex says that a drop off in OI has helped many altcoins, like SUI and AAVE, rally tremendously. “We believe that a risk-on sentiment and the ability […]
An original Ethereum investor has suddenly moved millions of dollars of ETH after remaining inactive for years, according to blockchain tracking firm Lookonchain. Lookonchain notes that the whale participated in Ethereum’s 2014 initial coin offering (ICO) when they received 150,000 ETH at the Genesis block. According to the blockchain tracking firm, the initial investment that […]
Celestia (TIA) has seen strong growth, rallying 24% in 24 hours and 46% over the past week. The recent US$100 million fundraising effort by the Celestia Foundation has significantly fuelled this price surge. Since launching, Celestia has developed a robust ecosystem, highlighted by the first 20 rollup chains. Celestia aims to surpass Visa-like transaction speeds […]
Pendle’s bearish trajectory has continued to suspend amid the latest price growth. This positive action has changed the market landscape as it currently leads the daily altcoin rally with 24% gains since yesterday. Pendle’s price action is still within the bearish zone on a mid-term but its market structure appeared to be changing on the […]
A group of Republican lawmakers, headed by Rep. Patrick McHenry and Sen. Cynthia Lummis, have raised concerns over the Securities and Exchange Commission’s (SEC) approach to regulating crypto custody. In a letter addressed to SEC Chair Gary Gensler, the lawmakers demanded the agency “rescind” its Staff Accounting Bulletin No. 121 (SAB 121). Critique of SAB […]
PRESS RELEASE. ONE WEEK, ONE BTC, UP TO 100 BITCOINS! FREEROLL! Indeed, one Bitcoin every week! This is the Bitcoin tournament to be launched by the MTT Sports project in October, which attracted significant attention at Token 2049 in Singapore. Best of all, it’s entirely free for participants. What exactly is MTT Sports? Over the […]
The SEC has been grilled by appeals court judges
Coinbase and the US Securities and Exchange Commission renewed their legal tussle over the agency’s refusal to create specific rules for the crypto space. This legal confrontation in a Philadelphia appeals court highlighted the rift between the rapidly evolving crypto industry and US regulators. Coinbase contended that the SEC’s current regulatory framework is unsuitable for […]
Between UFC appearances, podcast interviews and cryptocurrency ventures, former President Donald Trump's campaign has made it their mission to …
Shiba Inu (SHIB) may be on its way to reclaim former price highs, as a crypto analyst identified as the ‘Charting Guy’ has confirmed the reappearance of a unique symmetrical triangle pattern on the SHIB price chart. A breakout from this symmetrical triangle could see Shiba Inu potentially rallying above 200% from its current price. […]
A leading US-based crypto exchange is establishing its European footprint by acquiring the Dutch crypto broker Coin Meester B.V. (BCM). In a new press release, Kraken says it has closed on a deal with BCM that will “strengthen” the crypto exchange’s presence in Europe. “With the acquisition of BCM, one of the Netherlands’ oldest and […]
A closely followed analyst and trader thinks that altcoins are gearing up to have their time under the sun and outperform Bitcoin (BTC). Crypto strategist Ali Martinez tells his 72,200 followers on the social media platform X that he’s keeping a close watch on the TOTAL3 chart, which tracks the market cap of all digital […]
TL;DR Binance has surpassed a trading volume of $100 trillion, driven by the recent recovery of Bitcoin’s price, which has once again crossed the $63,000 mark. The platform has added 70 million users in the last year and a half, reaching 200 million registered users, representing about 36% of the global total. Despite facing regulatory […]
TL;DR Bank of New York Mellon (BNY) plans to offer custody services for cryptocurrencies, such as Bitcoin and Ethereum. Despite this opportunity, BNY notes that the SEC’s SAB 121 rule limits banks’ ability to provide these services, which poses an obstacle to their expansion. The crypto custody market is valued at approximately $300 million and […]
Company Name: LNbits Founders: Ben Arc Date Founded: Project: 2019 | Company: 2022 Location of Headquarters: Fully remote (most developers based in Europe) Amount of Bitcoin Held in Treasury: N/A Number of Employees: 6 (+ “a couple dozen other developers”) Website: https://lnbits.com/ Public or Private? Private Five years ago, Ben Arc first had the vision […]
NEAR extends its 50% gain as user activity, network TVL and a critical network upgrade boost interest in the blockchain.
eToro has expanded services around cryptocurrencies in Germany with the launch of spot trading, the company announced. Until now, it has only allowed its German customers to trade cryptocurrency contracts for differences (CFDs). Spot Trading with Local Partners The Israeli broker further confirmed that it has partnered with DLT Finance to offer spot trading and […]
Invest in cryptocurrency-related stocks. For those hesitant about direct Bitcoin investment, consider investing in cryptocurrency-focused stocks.