JPMorgan Chase CEO Jamie Dimon Likens Crypto to Pet Rocks — Calls for More Regulation – Featured Bitcoin News

JPMorgan Chase CEO Jamie Dimon says crypto tokens are like pet rocks. The executive also believes crypto regulation should be strengthened, stating: “The regulators who beat up on banks should maybe f...

Was the fall of FTX really crypto’s ‘Lehman moment?’

The FTX collapse was bad, but how bad? Almost from the moment that the Bahamas-based exchange suspended cryptocurrency withdrawals in early November — and three days before it filed for bankruptcy — t...

Ukrainian tailor shop was a front for illegal crypto mining

A tailor shop located in Ukraine was illegally mining cryptocurrency and was shut down by local authorities. Law enforcement discovered that a tailor shop located in Kovel — a city located in the Voly...

CFTC and crypto lawyers duke it out over service in Ooki DAO case

How do you sue a DAO? The question has been at the heart of the case the Commodity Futures Trading Commission is bringing against Ooki DAO, a decentralized autonomous organization that the agency alle...

Pro-Crypto Lawmaker Blames Gary Gensler for FTX Collapse

Democrat Representative Ritchie Torres has asked the U.S. Government Accountability Office (GAO) to investigate whether the Securities and Exchange Commission and chair Gary Gensler should be held res...

Crypto Portfolio Of Top Investors Including Richard Heart Revealed

Top Crypto Holdings Of Big Investors: While the crypto market struggles to find stable ground for a bull run to recover from the FTX collapse, big whales are accumulating their favorite coins. In this...

Lucky Mystery Box Announces Launch of its Crypto lottery on the TRON Network With a 1M USDT Prize Pool

Advertisement &nbsp &nbsp Lucky Mystery Box has launched a TRC-20 Crypto lottery with a reward pool of 1M worth of USDT. The project utilizes the principle of Block Hash which...

Filecoin Price Prediction: FIL Crypto’s Symmetrical Imaging Need Your Attention!

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Institutional investors still eye crypto despite FTX collapse

The negative effects caused by the FTX debacle have placed the crypto space in an unfavorable light. However, institutional investors continue to show interest in the industry, even at the height of t...

UK-based Crypto Tax Firm ‘Koinly’ Announces 14% Layoff

Bitcoin News The FTX collapse had a terrible effect on the crypto industry with several firms taking hits. Koinly, founded in 2018, is the tax partner for a number of cryptocurrency exchanges. Koinly,...

Binance auditor confirms reserves, 3AC founders subpoenaed, and Crypto Twitter drama

The biggest news in the cryptoverse for Dec. 6 includes Polygon co-founder hitting back against ‘jealous’ competition, Crypto.com CEO addressing ‘FUD,’ Binance auditors confirming Bitcoin reserves, an...

Algorand Price Prediction: What about this Sudden Price Drop of ALGO Crypto?

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Mad Money’s Jim Cramer Advises Investors to Get out of Crypto — Says ‘It’s Never Too Late to Sell’ – Markets and Prices Bitcoin News

The host of Mad Money, Jim Cramer, has advised investors to sell their crypto, emphasizing that “it’s never too late to sell an awful position.” Regarding FTX, Cramer predicted that the collapsed trad...

Bank of Russia wants to ban miners from selling crypto to Russians

The Russian central bank continues to maintain an extremely negative stance on cryptocurrencies, proposing to ban local miners from selling coins to local people. The Bank of Russia has supported the ...

Institutional investors are still bullish on crypto despite FTX’s collapse

According to data provided by the cryptocurrency exchange Bitstamp, institutional registrations on the trading platform rose despite the FTX saga. An increase in retail customers despite the crisis Th...

Canada’s Biggest Pension fund CPPI dropped crypto investment plan amid unstable markets

Canadian pension fund CPP Investments which manages $388 billion for roughly 20 million Canadians, has given up its crypto investment plan after a year-long study of crypto investment opportunities, a...

Crypto will be treated as securities, ICE CEO says

Jeffery Sprecher, CEO of Intercontinental Exchange (ICE), revealed that crypto might be regulated under existing securities laws, while New York Stock Exchange may move into tokenized trading. Speakin...

Celsius must return $44 million in crypto to users: Bloomberg

Crypto lender Celsius Network must return around $44 million worth of crypto back to customers, even if it didn’t enter Celsius’s interest-bearing accounts.  Chief Bankruptcy Judge M...

ECB’s Fabio Panetta says crypto needs regulation to maintain stability

European Central Bank official Fabio Panetta has argued that the crypto market cannot be trustless and stable without adequate transparency and regulatory safeguards. Panetta while speaking at the Lon...

Why The Ledger Stax Could Be A Killer App For Crypto

This week, cryptocurrency cold storage wallet manufacturer Ledger, known for its Nano S and Nano X crypto wallets, revealed its new Ledger Stax product, complete with an “E-Ink” touchscreen. In the wa...

Axie Infinity Tops Gainers as Metaverse, P2E Tokens Lead Crypto Recovery ⋆ ZyCrypto

Advertisement &nbsp &nbsp The popular play-to-earn token surged by double-digit on December 5. Rising NFT activity and the latest community update are behind the gains. Axie I...

Judge dismisses crypto lawsuit against Kim Kardashian, Floyd Mayweather Jr.: CNBC

A federal judge dismissed a proposed class-action lawsuit against EthereumMax founders and celebrity promoters, including Kim Kardashian and boxer Floyd Mayweather Jr., CNBC reported. Plaintiff ...

Key Support Line For Cardano Price Rests Here As The Coin Moves South

The Cardano price has declined steeply over the past trading sessions. The altcoin currently trades within a descending triangle pattern. This means that the coin could be headed for further decline u...

Kazakhstan Introduces Strict Crypto and Mining Legislations

9 seconds ago | 2 mins read Bitcoin News Whenever there is a surplus, miners may buy power from the public power grid. There is also a proposal to split mining licenses into two distinct types. Severa...

Mastercard’s sees FTX collapse as crypto’s ‘time to reset’: TechCrunch

Grace Berkery, director of startup engagement at the payment processing firm Mastercard, thinks the collapse of FTX will ultimately be a positive for the industry.  “I think it’s an opportunity ...

Canada’s Largest Pension Fund No Longer Mulling Crypto Investment: Reuters

Though declining to comment on the specific reasons, Reuters said CPPI pointed to comments made earlier this year by CEO John Graham: “You want to really think about what the underlying intrinsic valu...

Signature Bank adopts caps to reduce concentration of crypto deposits

Signature Bank, long known as being friendly to crypto clients, is introducing caps to reduce the concentration of deposits from clients in the digital asset industry to below 20% of total bank deposi...

The Majilis approve new crypto regulation bill in Kazakhstan

The Majilis have approved the new bill “On Digital Assets of the Republic of Kazakhstan” governing the regulation of crypto assets alongside four other crypto mining regulation bills in Kazakhstan. 1/...

Here’s When the Crypto Bull Market Could Finally Start

Crypto analysts have been trying to assess the prices of top cryptocurrencies, like Bitcoin, to figure out when the bull market will start.  With the festive season approaching, crypto traders and inv...

Robinhood gaining crypto market share after FTX collapse, CEO says

Robinhood has seen market share increase in the weeks following FTX’s collapse, CEO Vlad Tenev said. The company had no exposure to the now failed exchange. Tenev also said that the 7.6% s...

Iran Seeking Freeze Bank Accounts; Will Protest Get Suppressed or Rescued by Crypto?

Any revolution could not sustain longer without the financial aid, and the oppressors know it too. This gives them an advantage to come forwards and crush the financial streams of the people and the r...

Palantir Co-Founder Says There’s Clear Use Case for Crypto and Decentralization Despite Fall of Major Industry Players

The co-founder of the software giant Palantir Technologies thinks there are still clear use cases for crypto and decentralization despite the ongoing bear market. Joe Lonsdale acknowledges in a new in...