The SEC continues its aggressive stance against crypto, despite recent approvals of Bitcoin and Ethereum ETFs. SEC Commissioner Uyeda criticises the agency’s ‘regulation by enforcement’ policy, contributing to market uncertainty. Internal discord is evident as Gensler asserts crypto rules are clear, contradicting industry and internal views. Lawsuits and enforcement actions underscore ongoing regulatory challenges and […]
Coinbase welcomes new batch of Ethereum, for possible sale
A Nigerian court has denied a bail application for Tigran Gambaryan, an executive at Binance Holdings Ltd., citing his trial on money laundering and currency manipulation allegations. The court ruled today (Friday) that Gambaryan’s health condition did not justify his release. Justice Emeka Nwite of the Federal High Court in Abuja noted that illness alone […]
XRP price is moving higher from the $0.5220 support. The price could gain bullish momentum if it clears the $0.5360 and $0.5450 resistance levels. XRP price is slowly moving higher above the $0.5320 support. The price is now trading above $0.5340 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming […]
Fidelity said personal information was stolen in a recent data breach but stressed that its customer accounts weren’t affected.
After the recent market dip at the start of October 2024, investors are desperately looking for crypto assets that can deliver the best gains in the next bull run. Meanwhile, a crypto market expert says Ondo Finance (ONDO) and IntelMarkets (INTL) are the hidden gems of 2024 that can make the next class of millionaires […]
Paul Mak said he had $100m when he agreed to buy the apartment but a plummeting cryptocurrency market meant he couldn't pay on time.
Cardano’s (ADA) longstanding price woes have dampened crypto traders’ enthusiasm about the smart contract platform’s future, but one analyst thinks that lack of enthusiasm indicates a potential opportunity. Ali Martinez tells his 73,700 followers on the social media platform X that he thinks it’s actually a good time to buy more ADA. “Cardano investors seem […]
Deribit has announced the launch of the US Yield Coin (USYC) from Hashnote as a new yield-bearing cross-margin collateral option. USYC, an ERC-20 token backed by reverse repurchase agreements on U.S. Government Securities, provides traders with a stable and flexible collateral option that generates daily yield. The assets are secured in a segregated account at […]
Solana tested the $135 support and recently corrected losses. SOL price is rising and might gain bullish momentum if it clears the $144 resistance. SOL price is attempting a fresh increase from the $135 zone against the US Dollar. The price is now trading below $145 and the 100-hourly simple moving average. There was a […]
TL;DR Uniswap launches Unichain, a Layer 2 network designed to improve DeFi efficiency. It uses Optimism Superchain technology, facilitating interoperability between multiple networks. Implements a trusted execution environment (TEE) to improve transaction speed and transparency. Uniswap, the leading Ethereum decentralized exchange, has announced the launch of Unichain, an innovative layer-2 network aimed at optimizing the […]
Bitcoin OI is surging substantially, but it really shouldn’t
The GameFi revolution has spread to social media giant TikTok, reaching an audience of up to one billion. The new TikTok tap-to-earn game, SonicX, draws on the popular 90s franchise Sonic the Hedgehog. The game is hosted on a Solana L2 network, Sonic SVM. Each “tap” that earns coins will record a transaction on the […]
A previous case brought by Josh and Jessica Jarrett was dismissed in 2022 after the IRS conceded to refund some of the tax paid.
U.S. Securities and Exchange Commission logo and representations of cryptocurrency are seen in this illustration taken June 6, 2023. REUTERS/Dado …
Seasoned trader Peter Brandt is leaning bullish on Bitcoin (BTC) as the flagship crypto asset lingers around 17% below the all-time high. Brandt tells his 741,800 followers on the social media platform X that his price target for Bitcoin is $135,000, a level he sees being reached in either August or September of 2025. According […]
As most meme coins turn red this week, Dogecoin currently shows signs of strength with a 2% gain in the past hours. It may resume buying if trading volume continues to increase daily. Since Doge took off from the $0.8 range in August, its short-term bearish structure has slightly shifted following weeks of positive sentiments […]
In a development that could offer relief for Bitcoin (BTC) and the broader crypto ecosystem, Mt. Gox, the defunct cryptocurrency exchange that was hacked in 2014, has announced a significant delay in its repayment plan for affected creditors. Originally set for October 31, 2024, the new deadline for repayments has been pushed to October 31, […]
The U.S. Securities and Exchange Commission (SEC) has charged Cumberland DRW LLC, a Chicago-based firm, for operating as an unregistered dealer in over $2 billion of crypto assets classified as securities. The SEC claims that Cumberland violated federal securities laws by failing to register, raising concerns over investor protection. The charges seek injunctive relief and […]
Bitcoin might not be in trouble, but it is still not getting enough confidence
Bybit has confirmed its pursuit of regulatory licensing in Austria. This move aligns with its efforts to expand into key markets while adhering to local compliance requirements. Meanwhile, Kazakhstan has granted Bybit a full license from the Astana Financial Service Authority, enabling the cryptocurrency exchange to offer trading, custody, and investment management services. Bybit Awaits […]
The new AI-powered tool, customized specifically to target crypto exchanges and financial platforms represents “a new level of sophistication” in fraud, says cybersecurity firm Cato.
TL;DR Ethena has allocated $46 million of its Reserve Fund to real-world asset-backed (RWA) assets. Selected assets include BUIDL, USDS, USDM and USTB, seeking diversification and yield. This move aligns with the trend of DeFi platforms investing in real-asset-backed products to generate yield. The recent decision by Ethena, a decentralized finance (DeFi) protocol, to invest […]
TL;DR DWF Labs launches Falcon Finance, a synthetic yield-generating stablecoin available in USDf and USDwf versions. The project prioritizes transparency with monthly and quarterly audits conducted by external companies. Annual Percentage Yields (APY) rates range from 12% to 19%, depending on the asset type. DWF Labs has officially unveiled Falcon Finance, an innovative synthetic stablecoin […]
Could Pepe Unchained I(PEPU) be the next meme coin to take the crypto world by storm? One top investor thinks so, saying that Pepe Unchained – currently in presale – has the potential to follow in the footsteps of recent meme coin sensations like Mog Coin (MOG) and First Neiro on Ethereum (NEIRO). Pepe Unchained […]
You must know that cryptocurrency has been popular for years, but consumers and even investors wonder why it is popular-ciolook.
Murad Mahmudov is back igniting our X timelines, but you may have noticed these days the “former” Bitcoin maximalist isn’t posting much about Bitcoin. For the uninitiated, Murad is a Bitcoin maximalist, albeit one who has run the ire of the culture for taboo ideas: see his 2021-2022 embrace of wrapped Bitcoin assets on other […]
Solana is once again in the headlines, this time for having a major surge in development activity, keeping it ahead of its competition with Arbitrum and Avalanche. According to Santiment, the development activity regarding Solana has increased by 10.7% just within the last week, and the signal is clear that developers and projects alike are […]
Bitcoin arguably stands to benefit from macro data upheaval as US CPI and jobless data diverges in a “nightmare” for the Federal Reserve.
BlockDAG’s Quick Leap to $92M Follows $10M Gain in Just 72 Hours, as Ethereum and Bittensor Prices Falter Crypto market changes always draw attention, especially when well-known players face troubles. This year, Ethereum’s user numbers have fallen by 18.23%, showing less activity and lowering its price to $2,480. Similarly, Bittensor is facing issues, possibly hitting […]
Banking giant Standard Chartered predicts that solana could experience a significant surge of up to 400% if Donald Trump wins the 2024 U.S. presidential election. The bank’s head of digital assets suggests that solana’s faster transaction speed and support for decentralized applications position it well in a crypto-friendly environment. Standard Chartered Predicts Solana Surge if […]
The FBI went as far as creating its own cryptocurrency in order to catch cryptocurrency fraudsters