The cryptocurrency hardware wallet manufacturer Ledger has raised €100 million ($109 million) in funding, according to the company’s disclosure on Thursday. Ledger CEO Pascal Gauthier says there has been significant demand for hardware…
XLM Price (Stellar) Rallies $0.11 and Primed For More Upsides
Stellar (XLM) started a strong increase above the $0.100 resistance against the US Dollar. XLM price is trading nicely above $0.110 and it could continue to rise towards $0.120 or $0.1250. There was a steady increase in Stellar’s token price above…
‘Biased, deceptive’: Center for AI accuses ChatGPT creator of violating trade laws
The group believes GPT-4 violates Section 5 of the Federal Trade Commission Act, which prohibits “unfair or deceptive acts or practices in or affecting commerce.”
Ethereum Price Holds Strong As Indicators Suggest High Chances of Fresh Rally
Ethereum price is showing positive signs above the $1,780 resistance against the US Dollar. ETH might soon rally if it clears the $1,850 resistance zone. Ethereum is showing positive signs above the $1,760 and $1,780 levels. The price is trading…
SEC Takes Action Against Crypto Trading Platform Beaxy and Its Executives
The U.S. Securities and Exchange Commission (SEC) has filed charges against crypto trading platform Beaxy and its executives. Additionally, the regulator alleged that the cryptocurrency exchange’s founder raised $8 million in an unregistered…
Bitcoin Price Shows Signs of Weakness But Key Uptrend Support Intact
Bitcoin price spiked higher above the $29,000 level. BTC corrected lower and is currently consolidating above the $28,000 pivot level. Bitcoin gained pace above the $28,500 resistance but upsides were limited. The price is trading above $28,000 and…
ALSO: A crypto investor, entrepreneur and market observer suggests that TradFi may be approaching a tipping point that benefits bitcoin, among other digital currencies, and could shift a large part of the crypto economy to Hong Kong.
Economist Peter Schiff Warns of US Dollar Devaluation and ‘Biggest Economic Disaster’ in History
Economist Peter Schiff has warned of “the biggest economic disaster” in U.S. history. He stressed that we are on the cusp of a financial crisis and “it’s going to be much bigger than the last.” In addition, he said the U.S…
Gary Gensler: SEC Needs New Tools, Expertise, and Resources to Regulate Crypto Industry
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler said in a congressional hearing that the securities regulator “requires new tools, expertise, and resources” to combat misconduct in the crypto space. “We’ve seen…
Crypto Industry Struggles To Access Banking Services In The US, Report Shows
Due to various factors, the crypto industry faces increasing difficulty finding banking services in the US, according to a Bloomberg report, banks have hesitated to work with crypto customers. Recent events such as the closure of crypto-friendly…
Most Crypto Sent From Wallets Sponsoring Russia in Ukraine War Reaches CEXs, Binance, Research Shows
Millions of U.S. dollars’ worth of cryptocurrency has been sent to centralized exchanges (CEXs), most notably Binance, from wallets providing funds in support of Russia’s war effort in Ukraine, transaction data suggests. According to Ukrainian…
UK government announces 'robust' crypto regulation as part of economic crime plan
The focus on crypto regulation was part of the U.K. government’s plan to fight economic crime, which also included addressing law enforcement's ability to seize and store assets.
Coinbase Hires Ex-Shopify Exec to Oversee Canada Operations
Coinbase (COIN) has named Lucas Matheson as its country director in Canada and said it signed an enhanced Pre-Registration Undertaking with that country’s regulators, according to a Thursday afternoon blog post.
Gamma.io, Xverse And Bitcoin Magazine To Host Ordinals Alley At Miami Bitcoin Conference
Bitcoin 2023 will see the world’s first fine art gallery for Bitcoin Ordinal inscriptions, hosted by the three companies. Disclaimer: BTC Inc. is the parent company of the Bitcoin Conference and Bitcoin Magazine.Gamma.io, Xverse and Bitcoin…
Cardano (ADA) Faces Key Resistance Level At 0.385, Will It Break Through?
Cardano (ADA) is experiencing a significant challenge despite its strong bullish momentum since March 21st. The cryptocurrency’s price is stalled at a local resistance level of $0.385, which has proven to be a significant barrier for ADA in…
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