The U.S. House Financial Service Committee leadership is exploring the possibility of issuing a subpoena to the U.S. Securities and Exchange Commission (SEC) in pursuit of crucial documents connected to the FTX cryptocurrency exchange, and its former CEO Sam Bankman-Fried (SBF). Basis for the Subpoena Threats on SEC As per a recent hearing, Rep. Patrick […]

Chainlink, the blockchain industry’s most prominent oracle protocol, has expanded its cross-chain interoperability to support Base. LINK, the native cryptocurrency of Chainlink’s network, enjoyed a stellar week on the back of the news, gaining 10% in the past seven days. Source: CoinMarketCap What is Chainlink’s CCIP? The star of the show is Chainlink’s Cross-Chain Interoperability […]

Outdated legal frameworks are holding the world back from issuing much-needed Central Bank Digital Currencies (CBDCs) according to Agustín Carstens, General Manager of the Bank of International Settlements (BIS). During a speech in Switzerland on Wednesday, the banking chief extolled the benefits that CBDCs could provide the global economy while pleading for world leaders to […]

Shinobi’s Strawman is a weekly series where our Technical Editor Shinobi challenges the Bitcoin community, aiming to stir up conversation around heated technical debates. ______________________________________________________________ It’s been two years since the last upgrade to Bitcoin, Taproot, activated and went live on the network. Since then there has been a proliferation of proposed changes for the […]

Crypto analytics firm Santiment says that the prices of eight altcoins are showing signs of moving higher. Santiment says that the supplies of the Ethereum (ETH)-based native tokens of decentralized exchanges SushiSwap (SUSHI) and Injective Protocol (INJ), decentralized finance platform CurveDAO (CRV) and cross-chain protocol Biconomy (BICO) are falling on exchanges as the assets are […]

In January, this anonymous investor withdrew a substantial 7 million $FRONT tokens, valued at $1.33 million at the time, demonstrating their confidence in the project’s long-term potential. Source: Lookonchain Whale Held $FRONT For Straight Eight Months Fast forward eight months, and this investor’s patience has paid off. The price of $FRONT has seen a significant […]

The blockchain data platform Glassnode determined that the top 1% of Bitcoin addresses own almost 99% of the cryptocurrency’s current circulating supply. The figure represents a three-month-high as the last time such investors controlled that amount was at the end of June 2023. It’s worth noting, though, that a lot of these are exchanges that […]

SEC Chair Gary Gensler reiterated his position on Bitcoin, affirming it is not a security

Announcing Interac e-Transfer funding, new coin listings and updated local governance structure  Our presence in Canada is clear: We’re proud to be one of Canada’s leading crypto employers, as well as a crypto platform that offers Canadian clients over 180+ assets (and five Canadian dollar spot-trading pairs). And that’s just a start – we are […]

After withdrawing support for GBP payments in May, Binance is now suspending EUR operations offered through Paysafe. Although the news of the exchange’s suspension of its partnership with the payment company in Europe has been known for several months, the platform today (Thursday) suggested that its users begin converting their euros to USDT. Binance Advises […]

While lawsuits seeking determinations that oil and gas leases have terminated are nothing new, the cryptocurrency mining angle in Hobe Minerals poses …

Conversations with key speakers at the Blockchain Expo Europe in Amsterdam suggest that cryptocurrency exchanges and companies see the continent as a key region for growth.

According to Bloomberg analysts, Ethereum futures ETFs (exchange-traded funds) could start trading for the first time in the United States as early as next week. This comes just a few hours after the US Securities and Exchange Commission (SEC) delayed decisions on Ark Invest and VanEck ETH spot ETF applications. Why Ethereum Futures ETFs Could […]

This article is featured in Bitcoin Magazine’s “The Withdrawal Issue”. Click here to subscribe now. A PDF pamphlet of this article is available for download.  Late last month, a bipartisan group of U.S. Senators introduced the Financial Technology Protection Act, which would “create a working group tasked with studying how terrorists or other criminals might […]

The head of the Bank for International Settlements (BIS) says the global monetary system is evolving, and work must be done to ensure central banking digital currencies (CBDCs) are ready for mass adoption. In a new speech, Agustín Carstens says it’s the responsibility of central banks to create a strong legal framework for CBDCs that ensures […]

Bitcoin miners may see “severe” economic consequences from BTC price action staying below $30,000 after the 2024 halving, Glassnode warns.

In a significant development in the cryptocurrency market, the Bone token, part of the Shiba Inu ecosystem, has recorded a 10% increase. This surge is attributed to a step taken to enhance the security within the ecosystem. In the early trading hours of Wednesday, during the Asian market sessions, the value of BONE experienced a […]

Facebook founder and Meta CEO Mark Zuckerberg spoke to Forbes about the transformational power of artificial intelligence (AI) and the metaverse, briefly touching on the potential cage match with Tesla’s Elon Musk. Zuckerberg believes AI will disrupt all aspects of our work and personal lives; in fact, a lot of change has already occurred over […]

The United States Securities and Exchange Commission (SEC) has pushed back announcing a decision on the approval of two spot Ethereum exchange-traded funds (ETF) products. This follows the SEC’s decision, just a day earlier, to delay its verdict on a spot Bitcoin ETF. SEC Delays Ethereum ETF Decision Until Year-End According to two separate filings, […]

Innovation and competition are ongoing in the cryptocurrency industry. Shiba Budz (BUDZ), Bitcoin SV (BSV), and Tron (TRX) are three ventures that have recently attracted interest. Each project attracts investors eager to increase their shares with its distinct qualities and growth prospects. This article will examine the specifics of these initiatives, contrast their advantages and […]

Binance has issued an official statement detailing how users should proceed after its France division’s partnership with Paysafe expired this week. Binance expects a brief interruption to certain services as a result of the end of the collaboration, a decision that has been deemed to be “unilateral.” Paysafe ‘Unilaterally Decided to Stop Processing EUR Deposits’ […]

Cryptocurrency exchange Kraken is positioning itself to compete with players like Robinhood

Crypto.com, a Singapore-based cryptocurrency exchange, has joined forces with payment giant PayPal and blockchain infrastructure firm Paxos to establish itself as the preferred platform for trading in PayPal’s USD-pegged stablecoin (PYUSD). PYUSD Listing: Access for Both Retail and Institutional Users This collaboration underscores Crypto.com’s commitment to providing comprehensive cryptocurrency services to its users. According to […]

The global cryptocurrency market cap has increased by 1.69% to reach $1.6 trillion. Bitcoin (BTC) has reached a one-week high of $26.8K. Binance, …

Dogecoin is holding the key support at $0.0595 against the US Dollar. DOGE could start a fresh increase if there is a clear move above $0.062 and $0.0635. DOGE started a fresh decline and retested the $0.0595 level against the US dollar. The price is trading below the $0.062 level and the 100 simple moving […]

A closely followed crypto strategist believes that the decentralized oracle network Chainlink (LINK) is poised for continued rallies. In a new video, analyst Kevin Svenson tells his 70,700 YouTube subscribers that LINK may be on the verge of reversing its multi-year downtrend after moving above a key long-term indicator. “We also have the 500-day SMA […]

A widely followed crypto trader says he has high hopes for one altcoin’s prospects during the next bull market expansion. Starting with Rollbit (RLB), pseudonymous crypto analyst Altcoin Sherpa tells his 196,400 followers on the social media platform X that the native token of the crypto casino platform is “going to be very good in […]

Taking place in Washington, D.C. today, an important policy event is set to delve into the growing geopolitical implications of Bitcoin as a technology for financial freedom, cross-border payments, and wealth protection. A collaboration between the non-profit Bitcoin Policy Institute and the Cornell Brooks Tech Policy Institute, the talk, entitled “Strategic Competition & Digital Currencies,” […]

The SEC’s controversial Staff Accounting Bulletin 121 has received a steady flow of criticism since its publication in March 2022.

Dogecoin’s price resilience at $0.06 could be silver lining DOGE investors have been waiting for

Following the implementation of the Consumer Duty rules in the United Kingdom, crypto providers in the country are now required to comply with a fresh set of regulations around promotions, the deadline for which is approaching. From 8th October, the coverage of the UK’s Financial Services and Markets Act will be extended to “qualifying crypto […]

Cryptocurrency lobbyists were riding so high in early 2022 that an FTX executive felt comfortable directly emailing Jerome H. Powell, the chair of …