Four years ago, the U.S. Securities and Exchange Commission (SEC) praised crypto exchange Coinbase for its securities framework and even allowed an initial public offering (IPO) in April 2021. Now, th...
Tag: UTurn
Ethereum’s bearish U-turn? ETH price momentum fades after $1.6K rejection
Ethereum’s native token Ether (ETH) tumbled on July 26, reducing hopes of an extended price recovery. The ETH/USD pair dropped by roughly 5%, followed by a modest rebound to over $1,550. Ethereu...
Elon Musk Clarifies His Stance on Bitcoin After Tesla’s U-Turn
Alex Dovbnya Tesla CEO Elon Musk said that he was open to buying more Bitcoin in the future Tesla CEO Elon Musk said that his company’s decision to sell most of its Bitcoin holdings shouldn’t be taken...
Ripple Co-Founder Jed McCaleb Made U-Turn on Selling His Last 5 Million XRP; Here’s Why
Contents XRP deserves a watch, XRP Ledger sets new milestone Updates on Ripple-SEC lawsuit Former Ripple CTO and co-creator of XRP Ledger Jed McCaleb revealed on Friday that he is keeping his remainin...
Cardano Critic Makes U-Turn After Calling It “Ph.D. Graveyard,” Praises Incoming Upgrades
Bill Barhydt, CEO of Abra, seems to be biting his tongue concerning the Cardano community. Barhydt had previously called Cardano a “Ph.D. graveyard” in a recent interview granted to Ran Ne...
Bond market prices in Fed U-turn as recession risks rise
The Federal Reserve has made clear it wants to raise interest rates to lower inflation without triggering large-scale job losses. But a rally in the bond market this week shows investors doubting the ...
CoinFLEX Takes U-Turn On Resuming Withdrawals, Here’s Why
After promising to resume withdrawals and restore full functionality by the 30th of June, CoinFLEX CEO Mark Lamb now tells CNBC that the exchange will likely not resume the withdrawals by Thursday. Co...
Ethereum Name Service [ENS] takes U-turn; will it give in to crypto winter
Over the last month, as investors tried to salvage the rest of their crypto assets investment from further losses, acquiring a domain name took the backseat on the list of their problems. Google Trend...
SEC’s Potential U-Turn On Crypto Bill Sparks New Debate
The debate on how to go about regulating the crypto market has been long around. The SEC has been firm on bringing the industry under its securities law. SEC chair Gary Gensler recently said a majori...
Bitcoin ecosystem makes a U-turn recovery in global ATM installations
Bitcoin (BTC) ATM installations have marked a new comeback as June 2022 saw the reversal of the five-month-long downward trajectory for the first time this year. The global ATM installations worldwid...
Russian Central Bank Takes U-Turn On Crypto International Payments
More and more signs from Russian authorities lead to increasing recognition of cryptocurrencies as tools for international payments. In the past, the central bank has been adamant towards Russia crypt...
Portugal Makes U-Turn on Cryptocurrency Tax
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CryptoCom Takes U-Turn on Card Staking Rewards Following Complaints From Aggrieved Users
Popular cryptocurrency exchange CryptoCom has taken a u-turn to readjust the CRO rewards on its visa card after receiving a severe backlash from aggrieved customers. The exchange had previously announ...
Russia swerves default as Putin forced into dollar U-turn
Putin – Getty Images Russia appears to have dodged its first foreign debt default in a century after the Kremlin tapped domestic dollar reserves in a humiliating U-turn for Vladimir Putin. Inves...
Deutsche Bank to wind down Russia operations in major U-turn
Bloomberg | Bloomberg | Getty Images Deutsche Bank has said it will wind down its Russia operations — a major U-turn that sent shares higher Monday. In an announcement released late Friday, the German...
Russian And Belarusian Athletes Banned From Winter Paralympic Games In U-Turn
Topline Russian and Belarusian athletes are now banned from the Beijing 2022 Paralympic Winter Games, the International Paralympic Committee announced Thursday, a day after the group sparked widesprea...
MATIC Price Takes A U-turn near $2.08; Is It Buy The Dip Opportunity?
Polygon (MATIC) price fails to capitalize on the previous day’s gains. The price shoots up 10% in a single day after weeks-long consolidation on Monday. Investors accumulate around $1.45 of a strong s...
Former Goldman Sachs CEO Makes U-turn, Says Crypto is Happening
Lloyd Blankfein, former Goldman Sachs Chairman, and CEO said “cryptocurrency is happening,” as the asset class continues to grow in popularity and is attracting several trillions of dollars in investm...
U-Turn of Unicredit on cryptocurrencies
The controversy surrounding the response of Unicredit, Italy’s largest bank, to a customer who asked for clarification on 7 January regarding cryptocurrency investments, does not seem to have diminish...