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US House Delivers Surprise Knockout: Sweeping FIT21 Crypto Bill Passes
The US House of Representatives passed the Financial Innovation and Technology for the 21st Century Act (FIT21) by a resounding 279 to 136 vote. The bill, seen as a major win for the crypto industry, aims to establish a long-awaited regulatory framework for digital assets in the US. дальше »
2024-5-23 11:06 | |
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SEC Counters Coinbase’s Petition For New Crypto Regulations
The US Securities and Exchange Commission (SEC) has filed a countermotion against Coinbase’s rulemaking petition for the crypto industry. In a brief submitted on May 10, the US regulator argues against Coinbase’s request stating there is no need for creating a regulatory framework for crypto assets in place of existing US securities laws. Related Reading: […] дальше »
2024-5-12 10:38 | |
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Bitcoin ETF Issuer WisdomTree Introduces Prime App In NY, Gains Approval For New Crypto Offerings
One of the issuers of spot Bitcoin exchange-traded funds (ETFs) in the US, WisdomTree, has announced the expansion of its WisdomTree Prime app to users in New York. Related Reading: Meet The New King Of Crypto Payments: Why Users Are Choosing Litecoin Over Bitcoin Expanded Custody And Stablecoin Services This development closely follows WisdomTree’s recent […] дальше »
2024-5-10 05:00 | |
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Australia’s Crypto Crackdown: ATO Seeks Data from Exchanges To Identify Tax Discrepancies
The Australian Taxation Office (ATO) is targeting approximately 1. 2 million cryptocurrency-related accounts to tighten the noose on tax discrepancies. According to Reuters, this step marks an approach by the Australian government to “crackdown on users who may be failing to pay their taxes amid a rising interest in digital tokens. дальше »
2024-5-9 02:30 | |
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Dark Bling: Heir To Jewelry Giant Cartier Indicted In Cocaine And Crypto Scandal
Maximilien de Hoop Cartier, heir to the famed jewelry dynasty, was arrested by US authorities for allegedly laundering millions of dollars for a Colombian drug cartel. Cartier, who primarily resides in France but holds Argentine citizenship, now faces a slew of charges related to money laundering and unlicensed money transmission. Related Reading: Bitcoin Bull Michael […] дальше »
2024-5-6 18:00 | |
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Slap On The Wrist? DOJ Faces Backlash For Letting Binance Founder Off Easy For AML Failures
Changpeng Zhao, the ousted CEO of cryptocurrency exchange giant Binance, walked away from court this week with a sentence many see as a slap on the wrist. Zhao, better known in the crypto world as “CZ,” received four months in prison for failing to implement sufficient anti-money laundering (AML) safeguards at Binance. Related Reading: Stagflation […] дальше »
2024-5-1 10:30 | |
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Russia’s Legislative Body Considers Diving Into Crypto – Will They Mine Or Maul It?
Russia is dipping its toes into the world of cryptocurrency with a proposed bill aimed at legalizing and regulating crypto mining within its borders. The bill, submitted to the State Duma, the lower house of parliament, seeks to strike a balance between encouraging this new industry and mitigating potential risks. Related Reading: David Vs. Goliath? […] дальше »
2024-4-27 17:00 | |
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Regulatory Drama: Why Crypto.com Postponed Its Big Move Into Korea Days Before Launch
Crypto.com, a global crypto exchange, recently postponed its much-anticipated retail market expansion in South Korea, originally scheduled for April 29. This strategic decision came just six days before the planned launch, and according to the report, this delay is due to the company’s need for more comprehensive engagement with local regulatory bodies. Related Reading: South Korean […] дальше »
2024-4-24 04:00 | |
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Ripple CTO Says He’s ‘Still Not’ A Billionaire, But Holds Millions In XRP
In the world of cryptocurrency, where values soar and plunge unpredictably, David Schwartz, Ripple’s Chief Technology Officer, addresses community speculation about his wealth. Related Reading: Norway Draws The Line: Crypto Mining Faces Ban Over Energy Usage Ripple CTO: Clarification Amidst Confusion The latest clarification from Schwartz comes in response to a curious observation made during […] дальше »
2024-4-17 18:00 | |
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Is Global Turmoil The Secret Weapon For Bitcoin? Michael Saylor Thinks So
As global geopolitical tensions escalate, the cryptocurrency market finds itself in a precarious position, with Bitcoin, the flagship digital asset, facing a significant test of its resilience. Related Reading: Thailand Throws Jab At Crypto With P2P Purchase Ban – Details MicroStrategy co-founder Michael Saylor’s recent remarks on the potential benefits of chaos for Bitcoin have […] дальше »
2024-4-14 14:00 | |
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Holy Satoshi! El Salvador Graduates Its 1st Batch Of Bitcoin Students
El Salvador’s world-first experiment in Bitcoin education reached a milestone on April 2nd, 2024, with the graduation of the first batch from the “Bitcoin Diploma” program. Related Reading: Bitcoin Champion Max Keiser Blasts Argentinian President’s Crypto Stance Launched in 2022 by the non-profit Mi Primer Bitcoin, the program aims to equip Salvadorans with the knowledge […] дальше »
2024-4-5 01:00 | |
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12-Year Bitcoin Slumber Ends: Whales Signal Stormy Seas Ahead
The recent stratospheric rise of Bitcoin, reaching a new all-time high of $73,000, has sent ripples of excitement and trepidation through the crypto world. While some celebrate the digital gold’s record-breaking ascent, others watch with bated breath as long-dormant Bitcoin whales – entities holding massive amounts – begin to awaken from their slumber. Related Reading: […] дальше »
2024-3-31 16:00 | |
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Shiba Inu Snags Silver: Memecoin Is Europe’s 2nd Most Beloved Crypto
Shiba Inu (SHIB), the leading canine-themed cryptocurrency, has captured the attention of investors worldwide, emerging as the second most searched cryptocurrency in Europe. Surpassing established contenders like Ethereum (ETH), Cardano (ADA), and even its predecessor Dogecoin (DOGE), SHIB’s meteoric rise in popularity signals a significant shift in the cryptocurrency landscape. Related Reading: SEC Chair Gary […] дальше »
2024-3-26 23:00 | |
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Solana Price Prediction vs. PEPE, Ethereum, and InsanityBets
This article focuses on the Solana, PEPE and Ethereum price predictions against current presale favorite, InsanityBets – who have just posted 50% weekly gains. If you’re a crypto investor interested in the Solana price, PEPE price or Ethereum price then keep reading as we take a look at what could happen to these altcoin investments. дальше »
2024-3-27 21:15 | |
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UK Embraces Crypto: Bitcoin And Ethereum ETNs Coming To London Stock Exchange
The London Stock Exchange (LSE), facing declining listings and trading activity, is making a strategic move to embrace the booming crypto market. In a notice released today, the LSE announced the launch of a brand new market dedicated to Bitcoin and Ethereum exchange-traded notes (ETNs), set to debut on May 28th, 2024. Related Reading: Battle […] дальше »
2024-3-26 17:00 | |
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Crypto Analyst Unveils Bullish Prediction For Ethereum And XRP
A popular crypto analyst, identified as CrediBull Crypto on X (formerly Twitter) has unveiled bullish projections for both Ethereum and XRP. Doubling down on his previous XRP price prediction, the analyst has further affirmed that the cryptocurrency is poised to outperform Bitcoin and Ethereum in the upcoming 2024 bull run. Related Reading: Shiba Inu Partner […] дальше »
2024-3-17 13:40 | |
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On Bitcoin And Nicotine: JPMorgan Compares Crypto To Smoking Cigarettes
Bitcoin is on a tear. Soaring past $70,000, the cryptocurrency is reaching record highs in 2024. This rally is fueled by a perfect storm: the approval of exchange-traded funds (ETFs) that track Bitcoin’s price, and the impending “halving” event, which will significantly reduce the number of new Bitcoins being created. дальше »
2024-3-14 21:30 | |
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$360 million sent Bitcoin from $68k to $71k amid highest spot buying of 2024
Glassnode’s Bitcoin Spot Cumulative Volume Delta (CVD) registered its highest reading of 2024 on March 11, hitting nearly $900 million. This surge in the CVD, which measures the net difference between aggressive buying and selling pressure across major crypto exchanges, signals a strong bullish sentiment in the Bitcoin market. дальше »
2024-3-12 13:40 | |
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Crypto Fever: Bitcoin Smashes Records, Approaching $73,000 Milestone
Bitcoin has set a new record by surpassing $71,000, solidifying its status as the digital counterpart to gold and overtaking the market capitalization of silver. Related Reading: Cloudy Future For Ethereum ETFs – What’s Casting Doubt On Their Fate? Bitcoin A Tad Close To $73K This achievement, occurring with remarkable frequency since early March, saw Bitcoin registering a new all-time high of $72,750 today, marking a 5% daily increase and an 12% gain over the past week. дальше »
2024-3-12 09:48 | |
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UK Cracks Down On Crypto With New Law Enforcement Powers
The United Kingdom is tightening its grip on cryptocurrency, granting law enforcement agencies new powers to combat crypto-related crimes. This comes as part of the recently implemented Economic Crime and Corporate Transparency Act 2023, which equips authorities with unprecedented tools to tackle the misuse of cryptocurrencies in illegal activities. дальше »
2024-3-4 16:00 | |
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Indonesia’s Crypto Evolution: Government Eyes Changes In Taxation Landscape
Indonesia’s crypto market faces a period of change and reassessment, as evidenced by falling tax revenue and planned regulatory shifts. While Bitcoin surged in value throughout 2023, the country’s crypto tax revenue plummeted by over 60% compared to the previous year, raising concerns about the effectiveness of the current tax regime. Related Reading: Former FTX, […] дальше »
2024-3-3 14:23 | |
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Terra Classic Poised To Reawaken As Binance Burns 2.2 Billion LUNC
Binance, the world’s largest cryptocurrency exchange, has executed a large-scale token burn, opting to incinerate over 2 billion LUNCs in a single day. Binance Initiates Massive LUNC Burns Related Reading: Major Banks Embrace Crypto: Bank Of America, Wells Fargo Now Offer Spot Bitcoin ETFs A new report from a Terra Luna army member on X […] дальше »
2024-3-3 16:10 | |
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Gemini To Return Over $1.8B To Earn Customers In Regulatory Settlement
On Wednesday, crypto exchange Gemini announced that it had agreed with the New York State Department Of Financial Services (NYDFS) to return over $1 billion to the Earn Program Customers. Related Reading: XRP Lawsuit: Experts Quash Ripple-SEC Settlement Rumors Repayment Of All Customer At Today’s Prices On February 28, Gemini Trust Company, founded by the […] дальше »
2024-3-1 07:00 | |
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Crypto Fraud No More? New Digital Tracking System In South Korean Province Tracks Tax Evaders’ Wallets
A local report revealed the provincial tax department’s implementation of a new digital tracking system in one of South Korea’s most important provinces. As the first of its kind in the country, the new system reduces the process’ time and facilitates the tracking of crypto assets held by debtors in virtual asset exchanges. Related Reading: […] дальше »
2024-2-23 05:00 | |
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Crypto Scam Alert: Phishing Attack Swipes $5.1M Worth of BEAM, Token Price Drops
According to the blockchain analytics platform Lookonchain, a crypto trader suffered a phishing attack that swooped over 180 million BEAM tokens on Wednesday and affected the token’s price. Related Reading: Coinbase Suspends PlayDapp Trading After Hack, PLA Price Reacts 180 Million BEAM Tokens Stolen In an X (former Twitter) post, Lookonchain exposed a new crypto scam that had occurred on February 15. дальше »
2024-2-17 04:00 | |
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Are We Headed For Another $69K? Bitcoin Price Surges As Greed Dominates Crypto Market
Bitcoin, the undisputed king of cryptocurrencies, is making headlines again with a recent price surge that has pushed it past the coveted $50,000 mark. This rally, coupled with an “extreme greed” reading on the Crypto Fear and Greed Index, paints a picture of a market brimming with optimism, but also raises concerns about potential overheating. дальше »
2024-2-14 10:50 | |
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How This New Interpol Team Will Crackdown On Crypto Crime
On the 90th Interpol General Assembly hosted in Delhi, India, the Secretary General for this organization Jurgen Stock, announced the creation of a new team dedicated to crypto crime. The division will be based in Singapore and assist member nations in following and preventing illegal activities related to the new asset class. Related Reading: Solana […] дальше »
2022-10-18 21:00 | |
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Market Wrap: Bitcoin Trades Higher Amid Muted Expectations for Next Inflation Reading
Thursday’s Consumer Price Index is widely expected to show inflation still above 8%. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets. дальше »
2022-10-13 23:45 | |
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Bitcoin Beats September Stock Market Performance, Return Of Digital Gold?
Ever since losing around 80% of its value from its all-time high, Bitcoin has been questioned as a store of value and a digital equal to gold. The digital currency still records the best performance for any asset across the last decade, but critics are fast to point out past year’s losses. Related Reading: Crypto […] дальше »
2022-10-5 21:35 | |
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Why Bitcoin Bulls Might Be Ready To Breach $20,000 Into The Monthly Close
Stuck right below its 2017 all-time high, Bitcoin is moving sideways with low volatility over the past few days. The crypto market is preparing to close another monthly candle in the coming days. This event is set to move BTC and other cryptocurrencies, but in what direction? Related Reading: TRON Showing Hints Of A Major Rebound After A Week Of Rout At the time of writing, Bitcoin (BTC) trades at $19,000 with 0. дальше »
2022-9-27 21:28 | |
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Fireblocks Sees Over $100 Million In Revenue From Subscriptions
Although the crypto market is suffering a long-lasted downtrend and investors reflect negative sentiments, crypto adoption seems to be growing on another verge. Fireblocks, a software-as-a-service (SaaS) company currently operating over 1300 crypto and web 3 businesses, has hit a new high in revenue, indicating crypto use cases continue attracting more businesses worldwide. Related Reading: […] дальше »
2022-9-14 22:24 | |
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XRP Signals Considerable Uptick – Will Social Media Lift Its Price Past $0.34?
XRP price has demonstrated a significant uptick that come with engaging social media tweets and discussing. Does this hint a potential bull run? XRP price amplified by social media mentions during summer Ripple now an official World Economic Forum partner Crypto price bleeds by 10% in 24 hours Related Reading: Tamadoge Makes Noise – Is TAMA A Better Alternative To SOL? Ripple Is Now The Official Partner Of WEF Now, Ripple is an official partner of the World Economic Forum as announced on their website which also adds another layer of credibility and trustworthiness to XRP. дальше »
2022-8-22 16:46 | |
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Bitcoin short sellers are going to go gaga after reading this
The king of cryptocurrency, Bitcoin [BTC], suffered a massive plunge in its price in June when the crypto market crashed, marking 2022 lowest of $18,154. However, soon after, the coin gained a steThe post Bitcoin short sellers are going to go gaga after reading this appeared first on AMBCrypto. дальше »
2022-8-19 03:30 | |
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Why The U.S. Fed Could Give Crypto Banks Access To Legacy Banking System
According to a press release, the U.S. Federal Reserve (Fed) might provide crypto banks and other entities with access to Federal Reserve accounts and payment services. Following two proposals from the Federal Reserve Board in May 2021 and March 2022, the institution has arrived at final guidelines for these purposes. Related Reading: MakerDAO Set To […] дальше »
2022-8-16 00:46 | |
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SEC/CFTC May Require Hedge Funds To Provide More Information On Crypto Exposure
Crypto has made its way into Wall Street and major financial entities in the legacy financial system, demanding a change in old regulatory structures. A document from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) hints at how these structures might be starting to shift. Related Reading: Elon Musk […] дальше »
2022-8-11 20:48 | |
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U.S. Inflation Slowed to 8.5% in July, CPI Report Shows; Bitcoin Jumps
Crypto markets responded positively after the slower-than-expected inflation reading, which takes some pressure of the Federal Reserve to continue to hike aggressively at the September meeting. дальше »
2022-8-10 15:48 | |
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Ethereum Crosses $1,700, But Could Return To Path Of Pain, Expert Says
Ethereum (ETH) took off over the weekend and has extended its gains during today’s trading session. The second crypto by market cap could extend its gains, as “The Merge” becomes a certainty. Related Reading: Market Sentiment Holds Steady As Bitcoin Aims For $24,000 The event that will complete Ethereum’s transition from a Proof-of-Work (PoW) to a Proo-of-Stake (PoS) consensus algorithm, “The Merge” has been set for September 2022. дальше »
2022-8-8 21:16 | |
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Binance CEO Clarifies Involvement In WazirX As India Raids Director
Per a press release from India’s Enforcement Directorate (ED), crypto exchange Binance is allegedly involved in a money laundering scheme created with WazirX. This entity operates as a crypto exchange platform in this country; one of its offices was raided on August 3rd, as a result of an ongoing investigation. Related Reading: Data Shows Bitcoin […] дальше »
2022-8-7 22:06 | |
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Bitcoin Loses Critical Level Below $23,000, Bears Prepare For New Assault?
Bitcoin has been slowly trending to the downside over this week. The first cryptocurrency by market cap seems to have lost momentum as uncertainty spills into the crypto market from legacy markets. дальше »
2022-8-5 23:10 | |
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Coin Of The Week – Optimism (OP)
Optimism has been one of the best-performing altcoins, over the past weeks. Optimism Rollup network is one of the many blockchain solutions trying to solve Ethereum scalability solutions. Related Reading: How High Can Ethereum Go Before The Merge OP has shown a powerful bullish trend and continues to show why this is a crypto coin to accumulate for the bull run. дальше »
2022-8-1 16:37 | |
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Crypto Adoption Grows, Likely To Reach 1 billion users by 2022 Report Claims
In a report titled “What Does The Future Hold For Crypto Exchanges?”, the digital asset class is stated to be in its early days. The report was published by Boston Consulting Group, Bitget, and Foresight Ventures to highlight and measure the progress achieved by this nascent industry in the past few years. Related Reading | Crypto […] дальше »
2022-7-23 20:18 | |
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Best Altcoin Trading Bots – Automated Crypto Trading Software List
Featured image: Free Algorithmic Crypto Bots Cryptocurrency trading isn’t easy, and it is very time-consuming. Luckily, any repeatable action that depends on pattern reading (trading :wink wink) is a candidate for automation. дальше »
2022-7-20 14:56 | |
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Why Bitcoin Is Undervalued According To This Expert’s “Conservative” Model
According to Fidelity’s Jurrien Timmer, Bitcoin is currently undervalued. The benchmark crypto has been pushed back to 2020 levels after losing over 70% of its value in the past months. Related Reading | Crypto Traders Lose $280 Million Following Bitcoin’s Break Above $22,000 At the time of writing, Bitcoin has begun showing some green as it makes its way back above its 2017 all-time high levels. дальше »
2022-7-9 00:01 | |
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Why The UK Opened A Consultation On Crypto, DeFi, And Staking Taxation
The U.K. HM Revenue & Customs (HMRC) agency opened a consultation on the state of crypto taxation, specifically for decentralized finances (DeFi). This call for evidence will have an 8-week duration from today July 5th until August 31st, 2022 and could result in significant changes to the DeFi tax structure. Related Reading | 3 Lessons From […] дальше »
2022-7-6 18:17 | |
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Why Crypto Is “Likely To Dump” As It Lags The S&P 500, Expert Says
Bitcoin remains stuck at its current levels. The number one cryptocurrency has been unable to push upwards and could be in danger of revisiting its yearly lows. Related Reading | Outflows Rock Bitcoin As Institutional Investors Pull The Plug, More Downside Coming? At the time of writing, Bitcoin trades at $20,700 with sideways movement in the last 24 hours and the past week. дальше »
2022-6-29 20:20 | |
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Crypto Firm Three Arrows Capital Considers Bailout, Hires Financial Advisers
Per a report from The Wall Street Journal, proprietary crypto trading firm Three Arrows Capital (3AC) has confirmed the rumors about its insolvency. The firm has hired a legal and financial team of advisors to “work out a solution for its investors and lenders”, as stated by 3AC co-founder Kyle Davies. Related Reading | Is Elon […] дальше »
2022-6-18 17:25 | |
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Why Coinbase Will Cut 18% Of Workforce To “Stay Healthy During Recession”
Major crypto exchange Coinbase published a message from its CEO, Brian Armstrong. The company has decided to reduce its workforce by 18% to “ensure we stay healthy during this economic downturn”. Related Reading | Lending Platform Celsius Freezes Withdrawals, Raising Liquidity Concerns Last year, Coinbase became the first crypto exchange to debut in public markets under […] дальше »
2022-6-15 21:59 | |
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