Posts published on February 6, 2024 go to media archive 1/3

Bittensor (TAO) Surges 100%, Eyeing $3 Billion Market Cap: Analyzing The Propelling Factors

Among the digital currencies focused on artificial intelligence (AI), Bittensor (TAO) has recently gained significant attention as the best-performing asset, soaring by an impressive 109% over the past 30 days and achieving a market capitalization…

South Korean Regulator Plans to Discuss Crypto Rules With US SEC Chair Gary Gensler

South Korea’s financial watchdog chief is planning to visit the U.S. to discuss crypto regulation with the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, with a focus on the SEC’s recent decision to approve…

US Treasury Secretary Janet Yellen Urges Congress To Pass Crypto Legislation

In a recent statement before the House of Representatives, US Treasury Department Secretary Janet Yellen emphasized the need for Congress to pass legislation that provides clarity and regulation in the crypto markets.  Secretary Yellen Calls For…

Grayscale Reduces Bitcoin Holdings as Competing ETFs Continue to Bolster Reserves

After the trading activity on Monday, which saw $642 million in transaction volume, Grayscale’s Bitcoin Trust sold off approximately 3,426.99 bitcoin, valued at around $147 million. Following Tuesday’s trading activity, GBTC offloaded…

Beijing Targets Cryptocurrency Mining Operations in New Energy Conservation Plan

Beijing is prepared to apply a new policy to strengthen the actions to foster energy conservation in several aspects of the city’s operations, promoting carbon and pollution reduction. The plan proposes to increase the oversight level on…

U.S. SEC Clears 'Dealer' Rule Expansion That Could Rope in DeFi

The U.S. Securities and Exchange Commission (SEC) widened its definition of a dealer today to pull many more financial operations into its jurisdiction – including, as it warned in a footnote of its original proposal – those dealing in crypto…

The Big Misunderstanding: What MiCA Really Means for Stablecoins in Europe

The EU's comprehensive crypto guidance does not introduce entirely new regulations for fiat backed stablecoins, former central banker Jón Egilsson writes. Instead it affirms existing rules that many current issuers are not yet following.

Monero’s Market Plummets 32% as Binance Announces Delisting, Sparking XMR’s Turbulence

The leading privacy-focused cryptocurrency by market valuation, monero, experienced a sharp 32% decline within the last day after news broke that Binance intends to remove the coin from its platform. Citing non-compliance with its listing criteria…