The American Bankers Association, which represents banks in the U.S., is warning against the potential risks associated with the use of digital currencies. In a letter to the U.S. Department of Commer...
Category: Crypto
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5 events that could put an end to the current crypto bear market
Much to the chagrin of cryptocurrency investors across the ecosystem, the bear market has officially set in and brought with it devastating price collapses that have left relatively few unscathed. As...
Fed vice chair Brainard urges faster crypto regulation, touts role for stablecoin
Regulate now or regret it later, United States Federal Reserve Board vice chairperson Lael Brainard told an audience at a Bank of England conference in London on Friday. Crypto has the same basic risk...
US diplomats call on Japan’s crypto exchanges to cut ties to Russia: Report
Officials representing the United States government have reportedly urged Japan’s licensed cryptocurrency exchanges to stop doing business with Russia, seemingly as part of the country’s economic sanc...
Crypto broker goes bankrupt, Bitcoin miner capitulates and China VC funding soars
Those of us anxiously awaiting a summer relief rally for Bitcoin (BTC) may have to wait a little while longer. The bear market is still cleansing us of our excess — and revealing the most toxic player...
The future of KYC in crypto
Crypto and Know Your Customer (KYC) guidelines seem to be an unhappy marriage — pseudonymity in the digital currencies’ DNA doesn’t match the old-school centralized protocols of traditional finance, b...
The risks and benefits of VCs for crypto communities – Cointelegraph Magazine
Traditional venture capital funds drive valuations through multiple funding rounds. Startups aim for initial public offerings or other exits. Then the sharemarket decides upon a more realistic valuati...
Fundraising Rounds with Tenderize and Planetarium Labs, Celsius Settles MakerDAO Debt, Aave Launching Stablecoin – crypto.news
Project funding continues with Tenderize and Planetarium Labs completing successful rounds. Celsius, the recently troubled lending platform, pays MakerDAO’s loan releasing all WBTC collateral. Aave is...
Investors Duped In Major Crypto Scam In India
Cryptocurrency has secured immense popularity across the globe. The increase in popularity of crypto, however, cannot be interpreted as increase in awareness about the same. India has been fascinated ...
Troubled Crypto Lending Firms Investigated by Securities Regulators from Texas and Alabama
Alex Dovbnya State securities regulators have started investigating the embattled crypto companies that went underwater during the recent market turmoil State securities regulators in Alabama and Texa...
SAND, SOL, and ETH Rise as Inflation Talks Continue – crypto.news
According to Wu Blockchain, the Fed did not mention a recession in its June FOMC meeting, but mentioned inflation 90 times. As the second quarter approaches, the FOMC believes that the US economy will...
Mark Cuban Caught in Bankruptcy of Crypto Lender Voyager
Mark Cuban is in trouble. The billionaire entrepreneur has been facing a torrent of criticism for several days linked to a partnership forged with a crypto firm. Indeed, Cuban, an evangelist of the c...
“No Real Value” — CNBC’s Jim Cramer Predicts Deeper Crypto Crash ⋆ ZyCrypto
Advertisement     CNBC’s “Mad Money” program host Jim Cramer has predicted an even deeper decline for crypto and NFT prices. In a Tuesday interview, Cramer suggested t...
What bear market? Consumer confidence higher among crypto owners than normies
Consumer confidence is considerably higher among crypto owners than the average American adult, with crypto owners sitting 16.4 points higher on the consumer sentiment index. A Thursday report from r...
U.S. Treasury Details Framework for Global Crypto Cooperation With Foreign Countries
Government leaders are issuing new guidelines for how the US will engage and cooperate with foreign countries when it comes to crypto assets. According to a recent press release by the U.S. Department...
Crypto Market Review, July 8
Arman Shirinyan Bitcoin is set for mild recovery rally as Ethereum is struggling both financially and fundamentally Bitcoin surprised cryptocurrency investors with its unexpected 9% rally that pushed ...
These Metric Hints at Institutional Investors Making A Coming Back In Crypto Market!
The price of the world’s largest cryptocurrency by market capitalization, Bitcoin has reclaimed the $21,000 level. The Bitcoin price has increased by 0.14% at the time of reporting, trading at $21,567...
Russia Could Build a Crypto Platform Similar to the Moscow Exchange: Government Official
Anatoly Aksakov – Chairman of the Committee on Financial Markets of the State Duma – said the government is not against the creation of a cryptocurrency trading venue in Russia. However, the entity sh...
Solana Labs Faces Class Action Lawsuit Over Violation of Securities Laws – crypto.news
An aggrieved investor is accusing Solana Labs, its co-founder, and other entities of promoting the SOL token classified as unregistered security which benefited insiders and caused losses to investors...
JPMorgan Loses Top Executives to Crypto Firms
The first of the three executives who left JPMorgan is Samuel Shah. Shah, until his exit, was head of the bank’s Ideation and Digital Innovation department. This week would go down as a significant on...
Crypto Daily – Daily Crypto and Financial News 08/07/2022, Voyager digital filed for bankruptcy
In Todays Headline TV CryptoDaily News: Crypto winter: Voyager digital filed for bankruptcy. Embattled crypto lender Voyager Digital filed for bankruptcy this week and became the latest casualty of a ...
There’s Little Reason to Think Crypto Hasn’t Bottomed: SBF
FTX CEO Sam-Bankman Fried (SBF) recently spoke with Global Macro Investor CEO Raoul Pal on the state of the macro economy, and how it pertains to crypto. He suggested that there’s a good chance the cr...
Bitcoin Price Outlook for July — Traders Remain Concerned About Upcoming Fed Rate Hike and Bankrupt Crypto Firms – Market Updates Bitcoin News
During the first week of July, bitcoin prices have risen to their highest level since mid-June, coming as U.S. Non-Farm Payrolls handsomely beat expectations. However, as we head into the remaining we...
Crypto Traders Lose $280 Million Following Bitcoin’s Break Above $22,000
As the week draws to a close, there have been some interesting turns in the price of bitcoin. The digital asset which had been struggling to hold the $20,000 had finally broken out of this funk and wa...
US Treasury Report Details Crypto Regulation Framework
The United States Treasury Department has turned over a report to President Joe Biden detailing an international-level framework to address the risks and benefits of digital assets. Treasury Leads Int...
Crypto Futures Observes $280m Flush As Bitcoin Breaks $22k
Data shows the crypto futures market has observed liquidations amounting to $280 million in the last 24 hours as Bitcoin broke above $22k. 76% Of The Crypto Futures Positions Liquidated In Past 24 Hou...
JPMorgan Lost These Three Execs To Crypto Firms This Week Despite ‘Crypto Winter’ ⋆ ZyCrypto
Advertisement     JPMorgan Chase & Co., America’s largest bank, has witnessed the departure of three of its top executives this week. In what seems like a cruciall...
Celsius Network Fully Pays off Maker Loan, Reclaiming $440M of Collateral – crypto.news
Celsius Network LLC, the troubled crypto lending company that made news after restricting its half-a-million users from withdrawing funds owing to the crypto market turmoil, has finally fully paid off...
Bitcoin, Binance Coin, Uniswap, and Chainlink Daily Price Analyses – 8 July Morning Price Prediction
The global crypto market hasn’t been able to maintain the momentum as it has reduced the gains. The data for Bitcoin, Binance Coin, and others shows that the market gains have reduced. The losses migh...
Crypto Analytics Firm Glassnode Says Nearly Half of Bitcoin (BTC) Holders at a Loss, Evaluates ETH and USDT
Market intelligence firm Glassnode is assessing a trio of crypto assets as the markets seek to end the week on a positive note. In its latest analysis, Glassnode says nearly half of the Bitcoin (BTC) ...
Brazilian Federal Police Bust Crypto Laundering Gang
Federal police in Brazil have captured a criminal organization accused of using cryptocurrency to launder funds generated from illegal gold mining. Under Operation Greed, some 60 search and seizure wa...