The chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, Sherrod Brown, has called for a comprehensive regulatory framework for cryptocurrencies. “Recent crypto meltdowns have...
Category: Crypto
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Tether market cap nears $70B as SEC crypto crackdown hurts stablecoin rivals
The United States Securities and Exchange Commission (SEC) plans to sue Paxos for issuing and listing its Binance USD (BUSD) stablecoin, benefitting its top-rival, Tether (USDT), whose market capitali...
Keanu Reeves: Criticism of Crypto ‘Is Only Going to Make it Better’
“The Matrix” star Keanu Reeves has become something of a crypto fan, calling cryptocurrencies “amazing tools for exchanges and distribution of resources.” In a recent interview with Wired to promote h...
Robinhood Crypto Trading Volume Shot Up 95% in January
Robinhood’s cryptocurrency trading volume hit $3.7 billion last month, a 95% increase compared to December 2022. Contrary to the good start of the year, the 2022 bear market took its toll on the firm...
Uzbekistan Allows Foreign Firms to Deposit Funds From Crypto Trading, Restricts Other Operations – Regulation Bitcoin News
The Central Bank of Uzbekistan has permitted foreign-based businesses to open domestic bank accounts and deposit funds received from cryptocurrency trading. These companies will also be able to transf...
Credit Suisse friendly towards crypto
Swiss investment bank, Credit Suisse, is investing in the cryptocurrency world. In a $65 million fundraising run by the company Taurus, Credit Suisse provides the largest contribution. Credit Suisse’s...
Charlie Munger Reckons It’s “Just Ridiculous” to Buy Crypto
Vice chairman of Berkshire Hathaway, Charlie Munger, has yet again spoken out against cryptocurrencies. During an interview with CNBC, Munger said people who oppose banning crypto are “idiots.” Charli...
Norway’s crypto bust deals blow to North Korean hackers
Norway’s economy crimes unit, Økokrim, just pulled off a digital heist of their own by seizing a whopping NOK 60 million (or $5.9 million) in cryptocurrency. This breakthrough comes as part of their o...
Japan’s SBI Shares First Staking Rewards For ADA, DOT, & AVAX, Sparks Outcry From U.S. Crypto Investors
U.S. investors believe that regulatory clampdown is leaving the U.S. behind. Japanese crypto exchange SBI VC Trade, a subsidiary of SBI Holdings, announced the distribution of its staking rewards to c...
Top Trending Cryptocurrencies in Crypto Twitter
Top 5 trending cryptocurrencies are BTC, DOGE, SHIB, FLOKI, and CRO. Following Elon Musk’s tweet, FLOKI soared over 67% in a day. The crypto market seems to recover since the start of 2023. Also, the ...
Crypto community sees advantage in owning NFTs; 52% want to buy via credit cards
Ad The vast majority of respondents in DappRadar and Alsomine’s recent joint report think owning an NFT is advantageous, while slightly over half prioritize being able to pay for NFTs using their cred...
Operation Choke Point Could Be Crypto’s Biggest Regulatory Battle
The crypto industry remains on the cusp of potential overarching regulations and scrutiny from regulators across the globe. This is especially true in the United States, where federal watchdogs are tr...
Gary Gensler’s SEC is failing the crypto world
The Securities and Exchange Commission (SEC) two years after hiring Gary Gensler as chairman has brought no positive results. The crypto market has been one of the most volatile markets in recent year...
Why Crypto Mom is Against the SEC’s New Crypto Custody Rules
The Securities and Exchange Commission (SEC) just voted to propose new amendments affecting rules around crypto asset custody in the United States – and commissioner Hester Peirce (aka “Crypto Mom”) i...
Top Crypto Analyst Maps Path Forward for Bitcoin (BTC) and Ethereum (ETH) – Here Are His Targets
A top analyst and trader is detailing the path forward for the two leading crypto assets, Bitcoin (BTC) and Ethereum (ETH). Starting with Bitcoin, pseudonymous crypto analyst Altcoin Sherpa tells his ...
Crypto Market Soared: A Smiley Day For Bitcoin Traders
Despite the US authorities’ tighter regulatory approach on digital assets, the crypto market soared on Thursday. Today’s crypto star, Bitcoin price, climbed to its highest level since mid-August 2022....
What Happens if $XRP Breaks 22 Months of Resistance?: Crypto Analyst
Crypto analyst inquisitive about XRP breaking its 22 months of resistance. Despite testing the resistance level on five occasions, XRP was unable to break out. XRP forms the inverted cup and handle pa...
Crypto Trader Says He’s in ‘Complete Awe’ of Bitcoin, Predicts BTC Will Rally by Up to 30% – Here’s the Timeline
A widely followed crypto trader says Bitcoin (BTC) and two more altcoins have much more room to run in their respective rallies. Pseudonymous strategist Pentoshi tells his 675,200 Twitter followers th...
Bitcoin And Big Eyes Coin
The world of cryptocurrencies is only becoming more popular. There is an abundance of crypto platforms that are curating mass amounts of loyal community members every single day. Every crypto project ...
Crypto Exchange OKX To Launch New Blockchain As Utility Token OKB Reaches Fresh All-Time Highs
Crypto exchange platform OKX is gearing up to launch a new blockchain as its native token surges to new all-time highs. Star Xu, the founder of crypto derivatives exchange OKX, says that the firm will...
SEC proposes tougher rules as part of its crypto custody crackdown
A five-member panel of the United States Securities Exchange Commission (SEC) has voted 4-1 in favor of a proposal that may make it more difficult for cryptocurrency firms to serve as digital asset cu...
Regulators Failed to Address Crypto Collapses, Now They’re Going After ‘On-Ramps’
In a later interview with CoinDesk Campbell said while unintentional, “I think the problem is that it is the world [federal regulators] have created, and it’s important to surface that poi...
The Graph (GRT) up 19% as Crypto AI Flagship Deploys on Arbitrum
Gamza Khanzadaev Crypto AI leader The Graph (GRT) soars at double-digit rate following deployment on Arbitrum Disclaimer: The opinion expressed here is not investment advice – it is provided for infor...
Crypto Exchange Binance Launches Mastercard Debit Card in Brazil
8 hours ago | 2 mins read Exchange News Binance debit card can be used at any location that accepts Mastercard in Brazil. This decision was made when the government finally enacted crypto legislation....
Crypto Sees $212 Million Liquidations As Bitcoin Breaks $24k
Data shows the crypto futures market has observed around $212 million in liquidations during the past day as Bitcoin has surged above $24,000. Crypto Liquidations Measure About $212 million In Last 24...
Hester Peirce opposes new SEC proposal on crypto custody
The SEC commissioner has joined the Crypto Twitter discussion to criticize her agency’s most recent crypto proposal. The US Securities and Exchange Commission Commissioner (SEC) Hester Peirce, who is ...
Crypto projects told to delay new coins due to “Alameda Gap”
New crypto projects have been advised to postpone their launches by up to six months after the collapse of Sam Bankman-Fried’s (SBF) Alameda Research sapped liquidity across major tokens by up to 50%....
Crypto Exchange OKX Announces New OKBChain, OKB Skyrockets to New ATH
Seychelles-based cryptocurrency exchange OKX announced the launch of its new blockchain dubbed OKBChain, which is separate from the existing Ethereum Virtual Machine (EVM)-compatible smart contracts p...
Tighter rules to control crypto custody? The SEC says…
A new proposal from the SEC may make it more challenging for cryptocurrency firms to serve as digital asset custodians. However, Commissioner Hester Peirce stated that the statement may bring the cryp...
Crypto Lender Celsius to Be Acquired by Novawulf, Exiting Chapter 11 – Bitcoin News
Crypto lender Celsius’ committee of unsecured creditors has chosen the digital asset investment firm Novawulf Digital Management to sponsor the company’s reorganization plan, according to a statement ...
Cardano Founder’s Interesting Comment on Crypto Crackdown Shared by Charles Gasparino
In a tweet, Fox Business Senior Correspondent Charles Gasparino touched on Cardano founder Charles Hoskinson’s comment to Eleanor Terrett regarding the crypto crackdown. Cardano’s founder ...