The U.S. Court of Appeals for the Third Circuit has given the Securities and Exchange Commission (SEC) 120 days to respond to Coinbase‘s (NASDAQ: COIN) rulemaking petition against the securities regul...
News
Binance.US Resolves USD Withdrawal Woes, But Sounds A Warning Bell
Binance.US, the United States-based cryptocurrency exchange, has successfully resolved the issue concerning the withdrawal of US dollars. Binance.US resolved USD withdrawal issues but warns of potenti...
Bitcoin Rainbow chart sets BTC price for Jan 1, 2024
After a flurry of renowned institutional investors filed for launching a spot Bitcoin (BTC) exchange-traded fund (ETFs) earlier this week, Bitcoin attracted strong optimism, propelling its price above...
Is Air-Gapped Wallet Really The Ultimate Solution For Crypto Asset Protection?
Air-gapped is a technical term for a device (usually a computer) that does not have any connection to a network or other device. It is a device that is 100% isolated from the outside world. Today, whe...
BlackRock Bitcoin Spot ETF Faces Gensler-Sized Roadblock
According to trading firm QCP Capital, BlackRock’s Bitcoin spot ETF is unlikely in the near term, thanks to SEC Chair Gary Gensler’s attitude towards cryptocurrencies. The United States Securities an...
US Lawmakers Seek Answers from SEC Over Documents Linked to Sam-Bankman Fried’s Arrest
Michigan Rep. Bill Huizenga pointed out that the documents shared by the SEC contained minimal information, mainly consisting of public briefings on the collaborative efforts between the SEC and the J...
Ethereum $2,100 Price Level Possible: Indicators
Even though Ethereum has not managed to sustain the $1,900 mark for now, indicators suggest a bullish future and a possible leap toward the $2,100 level. At the time of writing, Ethereum is trading at...
Bitcoin steadies above $30k, institutional interest fanning demand
Bitcoin has crossed the $30,000 threshold, fanned by growing institutional interest and favorable technical indicators. The potential approval of bitcoin spot exchange-traded funds (ETFs) is also bein...
NFT Rug Pull Animoon Being Investigated by French Authorities
Animoon: NFT project identified as rug pull scam defrauding investors. $6.3 million lost: Alleged fraudulent activities investigated by ZachXBT. The NFT world has recently witnessed a major fraudulent...
SAP opens testnet registration for cross border payments in stablecoins
Although USDC is available on nine blockchains, including Algorand, Solana, and TRON, Schroeder confirmed that the preview phase would use Ethereum only. EUROC has a much smaller token circulation tha...
Yields Sink as PMI Data Heightens Recession Angst: Markets Wrap
(Bloomberg) — Investors fled into the safety of bonds and sold stocks as a lurch toward higher interest rates and weak manufacturing data heightened anxiety that aggressive central bank policy w...
BlackRock continues to push Bitcoin
Joseph Chalom, an executive at BlackRock, recently made statements about counterparty knowledge being critical to engaging institutions in Bitcoin and the DeFi world. This comes shortly after the com...
Ripple CLO Praises Singapore’s Regulatory Framework Amid US SEC Turmoil
Stuart Alderoty, the Chief Lego Officer at Ripple, has taken to Twitter to praise the “workable” framework that the Monetary Authority of Singapore has built. His comments come amid regulatory turmoil...
Nasdaq Stops 3-Day Slide, AMC Stock Plunges 10%; Why These Bank Stocks Should Not Be Sold Yet
Investor appetite for large-cap tech stocks appeared to return in the stock market today. The Nasdaq led the advance. Internet retail, chip equipment, nonalcoholic beverage, hospital and travel bookin...
Top 5 New Projects On zkSync Era Ecosystem In 2023
Key Points: Synthr: Provides slippage-free, omnichain liquidity for trading on-chain derivatives. Deri Protocol: Enables users to trade derivatives on-chain via AMM and NFTs. Cielo Finance: Provides p...
What’s Going On With Lordstown Motors Stock Thursday
Lordstown Motors Corp (NASDAQ: RIDE) shares are trading higher after founder Steve Burns relinquished his remaining stake in the company. The former CEO offloaded 581,000 shares on May 23 for an avera...
FTX’s Sister Firm Alameda Seeks Return of $700M Bankman-Fried Paid for Celebrity, Political Access
Bankman-Fried appeared starstruck by a February 2022 party at Kives’ house where fellow guests included a former Presidential candidate, actors, reality TV stars, musicians and multiple billionaires. ...
Investors Go Long on ETH as Supply on Exchanges Dwindles: Report
Santiment noted that ETH’s supply on exchanges is in decline. The intelligence firm also revealed that average transaction fees for ETH are at March 2023 levels. Technical indicators suggested that ET...
Azuro goes live on Arbitrum
Azuro has announced going live on Arbitrum to leverage its true potential. Specifically speaking, Azuro gets enhanced smart contract capabilities on the table. These include scalability, speed, and pr...
Japan’s MUFG Bank Eyes Role of Stablecoin Issuer for Third Parties
11 mins ago | 2 mins read Altcoin News MUFG is in discussions with numerous partners about utilizing its Progmat blockchain. Legislation has been established in Japan to encourage the usage of stablec...
PEPE Coin Price Soars 10% Daily as BTC Bulls Fight for $30K (Market Watch)
The cryptocurrency market is seemingly slowing down after days of continuous increases, and most of the coins are charting slight declines. Nevertheless, the market sentiment remains positive, with so...
How to Create a Litecoin Paper Wallet
Storing Litecoin Storing Litecoin (LTC) and other digital assets in exchanges is not recommended. Instead, the best thing to do is to keep them far from the internet. This applies to both large holder...
IMF Says Managing Crypto Risks More Viable Than Outright Ban
The International Monetary Fund (IMF) observed that due to the widespread use of digital assets, nations are attempting to benefit from whatever advantages they may offer. However, IMF recognizes the ...
These 3 Moves Could Significantly Boost Your Retirement Income
These 3 Moves Could Significantly Boost Your Retirement Income BlackRock, one of the world’s largest financial firms, says three key moves can sharply boost retirement income. Most people focus ...
Brian Armstrong Reveals Plans to Turn Coinbase Into a ‘Super-App’
Coinbase will work to become a “super-app” over the next 5 to 7 years. Coinbase CEO Brian Armstrong has not let the recent regulatory pressure from the US Securities and Exchange Commission (SEC), get...
BTC Miners Need Low Electricity Costs, Sustainable Energy Mix to Survive: JPMorgan
“Vulnerable” miners, including Core Scientific (CORZQ), Argo Blockchain (ARB) and Iris Energy (IREN) have struggled to survive due to a “combination of falling bitcoin prices, rising debt servicing co...
Binance.US resolves USD withdrawal issues, warns of potential discontinuation
Binance.US, a cryptocurrency exchange based in the United States, has resolved their recent issues with US dollar withdrawals through cooperation with their banking partners. With this announcement, U...
Unveiling The Token With The Best Chance To 10X
The crypto market is highly competitive, and finding the best investment is becoming increasingly challenging. Two projects, Sandbox (SAND) and Radicle (RAD), have generated excitement for their innov...
TRX could step out of its bearish zone as Tron reaches this milestone
Tron achieves yet another milestone that speaks volumes about its adoption. TRX underperformed during the latest bull run. The Tron [TRX] blockchain has been one of the more active networks this year....
Elon Musk vs Mark Zuckerberg Ends in Cage Match, Who Will Win?
20 seconds ago | 2 mins read Market News Tech titans clash, Elon Musk challenges Mark Zuckerberg to a cage match. Also, Musk continued to engage on Twitter by posting a series of tweets on this matter...
A recession is coming by year-end and stocks will struggle amid elevated risk of an ‘unknown unknown,’ JPMorgan says
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., March 3, 2020.Andrew Kelly/Reuters Despite a surging stock market, the economy is still on track to ...
Crypto Custodian BitGo Cancels Acquisition of Prime Trust
BitGo has decided to pull off from the acquisition of Prime Trust after early negotiations earlier this month. On Thursday, June 22, popular cryptocurrency custodian BitGo made an announcement that it...