Biden misses chance to 'correct' position on crypto — Senator Lummis
United States Senator Cynthia Lummis claims that US President Joe Biden “doubled down on his administration’s failed policies.”
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SEC Issues Investor Alert Highlighting 5 Common Crypto Scams
The SEC’s Office of Investor Education and Advocacy has issued an alert, highlighting five common crypto scams investors should watch out for to avoid losing money. The SEC warns that fraudsters exploit cryptocurrency popularity with sophisticated…
Spot Ethereum ETF 'fee war' begins as Franklin Templeton discloses fees
Franklin Templeton has started the spot Ethereum ETF "fee war" by being the first to announce its fees in an amended S-1 application, according to ETF analyst Eric Balchunas.
Survey: 77% Believe Presidential Candidates Should Be Informed on AI and Crypto
The Grayscale-Harris Poll survey, conducted in April-May 2024, reveals crucial insights into American likely voters’ views on cryptocurrency and its potential impact on the upcoming presidential election. The survey, involving over 2,000…
Global Crypto Ownership Reaches 562 Million: 6.8% of World Population Now Own and Use Digital Currencies
A new report reveals that 562 million people globally now own digital currencies, an increase from 420 million in 2023, making up 6.8% of the world’s population. Asia is at the forefront of this growth, with North America close behind…
Only 8 Altcoins Have Broken ATH Against Bitcoin Since FTX’s Collapse – Analyst Weighs In
During this bull cycle, the crypto market has been surfing off Bitcoin’s crest and enjoying the bullish momentum. However, investors hope for a seismic explosion to impulse Altcoins to new highs. As the crypto industry awaits, online reports…
Estonian Nationals Extradited to US for $575M Crypto Fraud
President Biden Vetoes SEC SAB 121 Repeal Resolution
U.S. President Joe Biden issued a veto against H.J.Res. 109, a resolution that would disapprove of the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin No. 121 (SAB 121). In its veto document, Bides states that the approval of…
UNI Price Slides 8% As Uniswap Delays Crucial Voting Proposal
In a blow to the momentum of the Uniswap native token, UNI, the decentralized exchange (DEX) has been forced to postpone a highly anticipated proposal that would have improved its token governance and fee distribution model. Meanwhile, the company…
US President Joe Biden vetoes SAB 121 repeal
United States President Joe Biden said he vetoed the resolution because "he will not support measures that jeopardize the well-being of consumers and investors."
New York Tightens Customer Service Regulations for Crypto Companies
The New York State Department of Financial Services (DFS) has introduced new guidance mandating regulated cryptocurrency entities to implement customer service policies and procedures. Crypto entities must collect data to ensure timely and fair…
U.S. President Biden Vetoes Resolution Overturning SEC Guidance
U.S President Joe Biden signed a veto of a House Joint Resolution that would have repealed the Securities and Exchange Commission's (SEC) Staff Accounting Bulletin 121.
Expert Charts 1,400% Course To $7.5 For XRP Price As RSI Falls To All-Time Low
Crypto analyst Egrag Crypto has provided another bullish narrative for the XRP price. This time, he outlined two scenarios that could occur and cause the crypto token to experience a breakout, potentially sending it as high as $7.5. This comes with…
Penguiana Doubles Market Cap to Over $2.5 Million Ahead of GUIANA NFT Mint
Penguiana, the distinctive penguin-themed meme coin on the Solana blockchain, continues to captivate the crypto community, achieving a new milestone by doubling its market cap to over $2.5 million according to Dexscreener. This surge in valuation…
Bitcoin ‘Realized Volatility’ Showing Very Rare Trend: What Could Be Next
Data shows that the Bitcoin Realized Volatility metric has fallen to historically low levels. What generally happens after this pattern forms? Bitcoin Realized Volatility Has Decline To Extreme Lows Recently In a post on X, CryptoQuant author Axel…
Ripple CEO says XRP ETF 'inevitable' — Consensus 2024
Brad Garlinghouse said he believes the market is headed toward a $5 trillion valuation and that the advent of XRP, SOL, and other crypto ETFs is a matter of time.
Wall Street Asks Biden Not to Veto Congress' Rejection of SEC Crypto Policy
In a rare lobbying overlap with crypto world, Wall Street banks and members of Congress are asking President Joe Biden to reverse course on his vow to veto the U.S. congressional resolution to overturn the U.S. Securities and Exchange Commission's…
Bybit restructures executive team following $26M airdrop fiasco
Bybit confirmed internal role changes for several executives following a botched airdrop that affected 320,000 users and led to a $26 million compensation payout.
Metaplex Announces Introduction of Hybrid Defi Protocol for Solana
Metaplex, a Solana-based protocol that allows for the easy deployment of NFTs across applications, has introduced MPL-404, a hybrid decentralized finance standard. MPL-404 leans on SPL-404, a protocol that allows for the exchange of an NFT for a…
Bitcoin vs. Gold: Why This Trader Believes BTC Will Surge By More Than 300%
Crypto Biz: Solana’s rise, BlackRock’s growing BTC exposure, and more
This week’s Crypto Biz explores Solana’s comeback, BlackRock funds’ growing exposure to Bitcoin, Riot Platforms’ bid for Bitfarms, Semler Scientific using BTC as a treasury reserve, and more.
Senator Lummis sends letter to Biden urging no veto for SAB 121 repeal
The Senator pointed to the troubling manner in which the Securities and Exchange Commission issued its controversial staff accounting bulletin.
Paraguay seizes 2,738 ASICs as power theft crackdown continues
Power-intensive crypto mining is controversial in Paraguay, where an attempt at crypto regulation was vetoed because of it.
Solana-Based Dogwifhat Reaches Critical Level That Could Lead To Catastrophic Crash
Crypto analyst Crypto Jack has suggested that Solana-based meme coin Dogwifhat (WIF) could soon witness a catastrophic crash. He noted what needs to happen for the meme coin to avoid this significant price decline. How Dogwifhat’s Price Could…
Dragonfly-Backed Stablecoin, Agora, to Launch Natively on Sui
Agora, a stablecoin company that recently raised $12 million in its Series A funding round led by Dragonfly, has announced that it will launch its AUSD token natively on Sui. The company aims to produce a better stablecoin focusing on emerging…
Iggy Azalea’s anti-scam plan and crypto losses from hacks decline by 12%: Finance Redefined
In a bold move to combat crypto scams, Iggy Azalea pledges to burn her own coins.
Nigerian Artist Davido’s Meme Coin Plummets Shortly After He Pockets $474,000 From Token Sale
Why is Bitcoin stagnated despite $2B in spot ETF inflows?
Reasons for BTC's weakness include Mt. Gox coin movements, regulatory actions, and the U.S. Senate's anti-crypto lobby.