Cybersecurity expert backs Sen. Warren's crypto bill in senate hearing
In a recent senate hearing, a cybersecurity professional openly endorsed United States Senator Elizabeth Warren's Digital Asset Anti-Money Laundering Act.
Posts published on November 17, 2023 go to media archive 1/3
Openai Shakeup: Sam Altman Out as CEO, Worldcoin’s WLD Plunges
Following the announcement by Openai, a firm dedicated to artificial intelligence (AI), that Sam Altman is stepping down, Worldcoin, a crypto venture backed by Altman, experienced a 13.5% decline in its native asset WLD compared to the U.S. dollar…
IMF Chief Says Central Bank Digital Currencies Can Replace Cash — Urges Public Sector to Prepare for CBDC Deployment
International Monetary Fund (IMF) Managing Director Kristalina Georgieva says central bank digital currencies (CBDCs) can replace cash. She has urged the public sector to “keep preparing to deploy CBDCs and related payment platforms,”…
Bullish Sentiment Surrounds AVAX Price As Republic Adopts Avalanche Blockchain
Tech firm Republic has recently announced its mission to democratize private market investing, with the selection of Avalanche as the platform for launching its profit-sharing digital asset, the Republic Note (R/Note). The R/Note is a…
XRP’s Triple-Digit Forecast: Top Advocate Casts Doubts On Dream Valuation
Bill Morgan, an XRP advocate, has recently expressed skepticism regarding the lofty price targets for XRP circulating on social media. While the digital asset community is often rife with bullish predictions, Morgan’s realistic outlook…
Fidelity seeks green light for Ethereum ETF, following BlackRock's filing
Just days after BlackRock filed for the iShares Ethereum Trust, asset management firm Fidelity has submitted an application for its own Ethereum exchange-traded fund (ETF).
Report: US Crypto Exchange Coinbase Fined for Refusing to Localize Russian Users’ Data
The U.S. cryptocurrency exchange Coinbase was recently hit with a fine exceeding $11,000 by a Russian court. The fine stems from the crypto exchange’s refusal to comply with a law that requires foreign companies to localize data of their…
Cardano Falling Wedge Pattern: Analyst Predicts 100% Increase Following Breakout
Cardano may not be a top gainer in the crypto market but that does not mean that it has fallen behind. During the altcoin rally, the price of Cardano’s native coin ADA has gone from a low of $0.25 to a high of almost $0.4 before correcting back…
‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS
The answer again is regulation, although this time the suggested regulation looks a lot like central bank co-option.
3 metrics DeFi traders can watch in order to spot the next crypto bull market
TVL, fee revenue and wallet activity are just three metrics investors can use to assess the health of the DeFi sector.
CoinShares Predicts $141,000 Bitcoin Price, Forecasts $14.4 Billion Inflows From ETFs
In a recently published report by CoinShares, analyst James Butterfill delves into the relationship between inflows into Bitcoin exchange-traded funds (ETFs) and changes in the Bitcoin price. The report addresses the critical question of how much…
Sam Altman ousted from OpenAI, CTO Mira Murati named interim CEO
The Board of Directors removed Altman on the grounds that he was allegedly ‘not consistently candid in his communications with the board.’
OpenAI Ousts Sam Altman From CEO and Board Roles; Worldcoin Drops 12%
Artificial intelligence (AI) company OpenAI ousted Sam Altman as CEO and from the board, the board of directors announced in a blog post Friday.
History Repeats? Cardano (ADA) Set To Skyrocket In December, Predicts Analyst
A recent surge in Cardano (ADA)’s market value has caught the attention of both investors and analysts alike. Over the past 24 hours, ADA has seen a 7% increase, trading at approximately $0.39 at the time of writing. This uptick in value is not…
Crypto Biz: Uniswap’s Android wallet app, Cboe to launch BTC, ETH margin futures, and more
Getting regulatory approval has been crucial for companies, particularly in a tight regulatory environment during the crypto winter.
Jupiter to Roll Out First Phase of Major Airdrop: 1 Billion JUP Tokens to Reward 955,000 Solana Wallets
The decentralized exchange (dex) Jupiter has unveiled specifics regarding the distribution of the first 10% tranche of its community airdrop, encompassing 1 billion jupiter (JUP) tokens from a total pool of 10 billion. This initiative is designed…
Bitcoin fees skyrocket on spot BTC ETF hype
The Bitcoin blockchain reached $11.6 million in fees paid on Nov. 16, with the average transaction fee up 746% from a year ago.
Disney Does NOT ‘Partner’ With Crypto Companies
Language matters and crypto continues to play fast-and-loose with it, to its long-term detriment.
SEC Delays Decisions on Franklin Templeton and Global X Spot Bitcoin ETFs
The move was expected and isn't having any immediate effect on the bitcoin price.
Ethereum ETF Race: BlackRock Wants An Ether Spot ETF
BlackRock has joined the Ethereum Spot ETF race as the asset management company has officially applied to the US SEC and is currently waiting for approval. BlackRock Files For An Ethereum Spot ETF Following its Spot Bitcoin ETF filing, BlackRock…
Sushi to test Bitcoin swaps and Opyn DeFi protocol founders cave to CFTC pressure: Finance Redefined
Sushi is set to test Bitcoin swaps on 30 different blockchains using the interpretability protocol ZetaChain.
Jump Trading, Wormhole Part Ways Amid Tough Crypto Market: Bloomberg
Although Jump has been scaling back its crypto-related operations, the reason for the business' parting of ways remains unclear, Bloomberg reported.
Is $40,000 Next? Unpacking 4 Reasons Behind Bitcoin’s Emerging Rally
The Bitcoin price rally is losing strength as the cryptocurrency returns to its support levels following weeks of bullish momentum. In the short term, the landscape seems sloped to the downside, but an analyst presented the main reasons why the…
CBDCs Like a Digital Dollar Face Doubts Without Privacy Protections, Key Organization Finds
A study found that privacy increases participants’ willingness to use a CBDC by up to 60% when purchasing privacy-sensitive products.
The Quest to Stabilize GHO — Navigating Challenges to Reach $1 Peg Amidst Aave’s Corporate Rebrand
The blockchain technology enterprise Aave Companies, recently rebranded as Avara, is still navigating challenges in stabilizing its stablecoin GHO, which is currently struggling to sustain its desired $1 peg. The project’s Liquidity…
A Year After FTX: The Lesson Europe Has Fixated On
The company’s collapse a year ago sent shockwaves through the world of crypto, but it changed very little in the new EU crypto regulation. Brussels is more interested in the question of what the pseudonymous crypto-asset world is good for, says Dea…
Cardano Breakout Of Epic Proportions: Analyst Predicts 1600% Rally To $6.5
Crypto analyst Ali Martinez has noted Cardano (ADA) is open to an unprecedented rally. Price activity suggests that Cardano is moving into a state of consolidation, which coincides with a moderate decline in the general cryptocurrency market. …
New Form 1099-DA: What it Means for Digital Asset Brokers and Their Customers
Unpacking the IRS’ controversial new crypto tax regulation proposals.