Government of Russia Eyes Commodity-Like Crypto Exports
The government of Russia might allow crypto miners to sell their cryptocurrency like other exports such as gas. Ivan Chebeskov, deputy minister of finance, specified that this option was part of a bill to legalize cryptocurrency mining introduced…
IMF Chief Calls for Clear Crypto Regulation — Warns High Crypto Adoption Could Undermine Financial Stability
The head of the International Monetary Fund (IMF) has called for clear crypto regulations worldwide, cautioning that high crypto adoption could undermine macro-financial stability. “Our goal is to make a more efficient, interoperable, and…
Finance Professor Blasts SEC’s Potential Cash-Only Rule for Spot Bitcoin ETFs Citing Benefits of In-Kind Model
A finance professor at Georgetown University has urged the U.S. Securities and Exchange Commission (SEC) to avoid micromanaging the creation/redemption process for spot bitcoin exchange-traded funds (ETFs). While the SEC proposed the cash creation…
Taiwan officials launch inquiry into crypto betting on election results: Report
Several Taiwanese residents were reportedly using the decentralized betting platform Polymarket, the same platform that saw record-breaking trading volumes during the 2020 United States election.
Arbitrum Network Faces Major Outage, ARB Token Faces 4% Decline
Arbitrum (ARB), a prominent Ethereum scaling solution, encountered a significant downtime event on December 15, according to the network’s status page. The incident prompted an immediate investigation into the root cause and the deployment…
SEC Chair Gensler Reveals Regulator Is ‘Taking a New Look’ at Spot Bitcoin ETF Filings
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has revealed that the regulator is taking a new look at spot bitcoin exchange-traded fund (ETF) applications based on recent court rulings. “We had in the past denied a…
How to trade crypto – a question that resonates with many in the rapidly evolving digital asset space. Whether you’re a novice eager to learn how to crypto trade or an experienced crypto trader looking to refine your strategies, this…
Crypto Crimes Highlighted in IRS Criminal Investigation’s 2023 Top 10 Criminal Cases
In the IRS’s list of top 10 criminal cases for 2023, cryptocurrency frauds are featured, ranging from multi-million dollar tax evasions to elaborate money laundering schemes. Crypto Scams Among Most Significant Financial Crimes in IRS…
Shiba Inu Faces Make Or A Point As Analyst Identifies Critical Trading Pattern
Shiba Inu bulls continue to struggle to hold on to gains from the last week despite losing their hold at the $0.00001 level. This shows a commitment to pushing the price of the meme coin even higher at a time when large cap altcoins are not really…
Solana’s BONK Token Rockets To New Heights, Surging 121% On Binance Listing News
In an unexpected turn of events, the Solana-based memecoin Bonk (BONK) has experienced an extraordinary 1,000% monthly surge following its recent listings on major cryptocurrency exchanges. The momentum began with Coinbase’s listing…
Bitcoin Miner Hive Diversifies Into AI, Acquires 96 Nvidia GPUs to Boost High-Performance Computing Operations
On Friday, Hive Digital, based in Vancouver and specializing in bitcoin mining and high-performance computing (HPC), announced its foray into artificial intelligence (AI) and HPC technologies. This strategic move involves acquiring 96 Nvidia H100…
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Polygon Stops Work on 'Edge,' Used to Build Dogechain, as Focus Turns to ZK
Polygon Labs, a developer of scaling networks for Ethereum, has shifted toward "Polygon CDK," a blockchain-development kit powered by zero-knowledge cryptography. The older "Polygon Edge" was used by Dogechain, in an unofficial effort to build a…
Top 3 Meme Coins Under $50M Market Cap That Could Make You A millionaire Like BONK
Solana-based BONK has emerged as one of the best performers over the past week even after meme coins put on a good show for investors. However, given that the meme coin has since crossed the $1 billion market cap threshold, some will argue that the…
Bitcoin at Risk of Snapping Historic Winning Streak, but 'Perfect Storm' Brews for a Strong 2024
Investors moved the highest amount of BTC to exchanges since March, IntoTheBlock noted, signaling profit-taking after bitcoin's first eight-week streak of gains since 2017.
JPMorgan Analysts Predict Ether Will Outperform Bitcoin Next Year; Halving Priced In
JPMorgan analysts predict ether, the main asset of the smart contracts enabled Ethereum blockchain, will likely outperform bitcoin next year. A note released this week explains that Proto-Danksharding, an update coming to Ethereum next year to…
Ledger vulnerability put entire DApp ecosystem at risk: Finance Redefined
The Ledger connector vulnerability put the entire DeFi ecosystem at risk, with market experts asking users to remain cautious of using DApps even after Ledger released a patch.
Coinbase Tried to Rein in a Renegade SEC That's Trying to Rein in a Renegade Industry
The SEC rejected Coinbase's petition for crypto rulemaking, marking yet another refusal to provide regulatory clarity for an industry that badly wants it.
Altcoin Season Incoming: Analyst Forecasts Further Bitcoin Correction, Signals Alts Market Upswing
Jason Pizzino, a seasoned macro investor and swing trader, has recently put forward his analysis indicating a potential pullback for Bitcoin. His observations, informed by a deep understanding of market dynamics, suggest that Bitcoin’s prolonged…
Bitget Forecasts BTC to Reach $100,000 and ORDI’s Ascent in Next Bull Market
In a newly published prediction report, Bitget, a leading derivatives crypto exchange, forecasts a vibrant future for the Bitcoin ecosystem, with BTC potentially soaring to $100,000 and the ORDI BRC20 token climbing the ranks in the next bull…
SEC officials meet again with spot Bitcoin ETF filers
Meetings between asset managers and the SEC intensified over the previous weeks, with Gary Gensler’s team meeting with BlackRock and Hashdex representatives.
Dogecoin Miners Dump 240 Million Tokens, Can DOGE Price Still Recover To $0.2?
Dogecoin began a recovery with the rest of the crypto market in October and by December, the altcoin’s price would rise to a local peak of $0.107. Amid this recovery, DOGE miners have been selling off a significant portion of their holdings, which…
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