G20 President India Publishes Its Input for Framing Global Crypto Rules
As the current president of the Group of Twenty (G20), India has made public its presidency note on crypto in an effort to have its suggestions included in the framing of global crypto rules.
Ethereum Denied Non-Security Status In Latest Court Battle Against SEC
In a recent court ruling, Ethereum (ETH) was denied non-security status in a case against the U.S. Securities and Exchange Commission (SEC). The court granted the SEC’s motion to dismiss the complaint for declaratory relief on whether…
Bitcoin Miner Genesis Digital Assets Opens 3 New Data Centers in South Carolina
Genesis Digital Assets (GDA), one of the world’s largest bitcoin mining companies, has opened three new data centers in the western region of South Carolina. The facilities represent GDA’s continued expansion in the United States, where…
Bitcoin Addresses In Loss Soar To One-Month High Amid Mixed Market Indicators
Bitcoin, the pioneering cryptocurrency, is currently exhibiting mixed market signals, according to the latest data from Glassnode. The analytics firm points out that Bitcoin addresses in loss have reached a one-month high, even as the count of…
US District Judge Rejects Approach in SEC v Ripple Ruling on XRP
A senior U.S. district judge has rejected the approach taken in the Securities and Exchange Commission (SEC) v. Ripple ruling regarding XRP. “The court declines to draw a distinction between these coins based on their manner of sale,”…
BlackRock CEO Larry Fink Is The Best Thing To Happen To Bitcoin, Mike Novogratz Says
BlackRock officially announced its entrance into Bitcoin earlier this year by filing for a Spot Bitcoin ETF with the United States Securities and Exchange Commission (SEC). Although the regulator is yet to accept the filing, CEO Larry Fink has also…
FTX creditors unimpressed with exchange's bankruptcy exit plan
FTX’s official creditor committee said the current plan would add costs and delays to what’s already on track to be a historically expensive bankruptcy.
Robert Kiyosaki Warns US Economy Not Strong, America Broke — Says He Still Prefers Bitcoin
Rich Dad Poor Dad author Robert Kiyosaki says the U.S. economy is not strong and America is broke. Noting that the stock market is going up because President Joe Biden raised the debt ceiling, he emphasized that he still prefers gold, silver, and…
Over $28 Million In SHIB Withdrawn From Exchanges Ahead Of Shibarium Launch
The Shibarium Layer-2 upgrade is launching any day now, and it looks like some big SHIB players are making moves ahead of the launch. According to on-chain data, over $28 million in SHIB tokens have been withdrawn from major crypto exchanges in the…
Binance Nearly Shuttered U.S. Exchange to Protect Global Operations: The Information
As investigations loomed, the board of directors of Binance.US voted on whether to liquidate the company but could not come to a unanimous decision, The Information reported.
Ron DeSantis Vows to End Biden’s War on Bitcoin and Cryptocurrency as US President
Florida Governor and U.S. presidential candidate Ron DeSantis has promised to end Joe Biden’s war on bitcoin and cryptocurrency if he is elected president of the United States. In addition, he stressed that on his first day as president, “CBDC goes…
Lightspark CEO Outlines The Challenges Of Building On The Bitcoin Lightning Network
The CEO of Lightspark, David Marcus, has come forward to share his experiences on building atop the Bitcoin Lightning Network. Marcus noted the challenges the Lightning Network held for builders, stating that it was incredibly difficult and complex…
Michael Egorov’s $100 Million Position, A Risk To Curve Finance And DeFi?
Following the recent exploit of Curve Finance pools, there have been genuine concerns about the stability of the decentralized exchange and the Decentralized Finance (DeFi) ecosystem. A new report has emerged, raising questions about Curve founder…
Bitcoin Bounds Past $29.9K on MicroStrategy BTC Purchasing Plans; ADA, SOL Turn Green
CRV was up more than 5% after Tron blockchain founder Justin Sun purchased more than $2 million of the token. ETH, SOL remained in slightly negative territory despite climbing in recent hours.
GameStop will stop support for its crypto wallets, citing ‘regulatory uncertainty’
The retail company used to be known primarily for its brick-and-mortar retail stores but has also launched an NFT marketplace and a soon-to-be-canceled line of crypto wallets.
Litecoin ‘Halving,’ Set for Wednesday, Should Harden Supply of ‘Digital Silver’
The once-ever-four-years "halving" on the Litecoin blockchain, set for Wednesday, means that the pace of new issuance of units of the LTC cryptocurrency will be cut in half. The dynamic is similar to the "hard money" mechanics that crypto analysts…
Binance To Enter Japan With A Bang, Will List More Tokens Than Any Local Exchange
According to Japanese-based crypto media outlet Coinpost, Binance will launch in Japan fully this month and intends to list 34 tokens on its exchange. This means the platform will offer more tokens than its local competitors in Japan, with major…
Tether Attestation Reveals Reserve Increase of $850 Million in Q2, Excess Reserves Reach $3.3 Billion
Tether, the company behind the USDT stablecoin, has published an attestation revealing the company’s financials during Q2 2023. The document, prepared by BDO, a network of accounting and consulting services, found Tether has increased its…
3AC co-founder rejects jurisdiction of bankruptcy court, claiming he renounced US citizenship
As Singapore does not allow dual nationality, 3AC co-founder Kyle Davies said he chose to renounce his U.S. citizenship after getting married and receiving permanent residency.
Bitcoin Drops Under $29,000, Here’s Where BTC Could Find Support Next
Bitcoin has plunged below the $29,000 level during the past day. According to on-chain data, here’s the next level that could act as major support. Bitcoin Short-Term Holder Realized Price May Be The Next Support Level As pointed out by an…
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