Correlation Between Crypto Market and Nasdaq Turns Positive Ahead of US CPI Release
13.2.2023
Observers expect Tuesday's U.S. CPI report to show continued disinflation in the world's largest economy
Coinbase CEO Brian Armstrong Ready to Defend Staking in Court if Necessary
13.2.2023
Coinbase CEO Brian Armstrong has said the exchange's crypto staking services are not securities, adding that he is willing to defend this in court.
“Coinbase's staking services are not securities. We will happily defend this in court if needed,” Armstrong said in a Twitter post on Sunday....
Dogecoin Price Prediction as Elon Musk Says Talked to Fox News Owner About Dogecoin During SuperBowl – Time to Buy?
13.2.2023
The dogecoin price has fallen by 1.5% in the last hour and by 4% in the past 24 hours, dropping to $0.080716 amid a similar fall for the cryptocurrency market as a whole. The altcoin is also down by 12% in a week and by 4% in the last 30 days, dragged down -- like much of the market --...
Sushi announces Sushi Studios to empower the Treasury’s scope
13.2.2023
Jared Grey, the CEO of SushiSwap, recently announced the relabeling of Sushi Labs. Now called Sushi Studios, the framework will perform the same duties while addressing its existing issues. Sushi started issuing grants from its DAO Treasury to run the ongoing development. This grant system worked...
Bernstein Says Regulatory Backlash Will Lead to More DeFi and Offshore Crypto
13.2.2023
Regulatory overreach will spur movement toward decentralized finance apps built directly on-chain by anonymous teams, the report said
Restrictive Crypto Rules for EU Banks Confirmed in Published Legal Draft
13.2.2023
Banks in the European Union would have to treat crypto as the riskiest kind of asset and disclose exposures while awaiting more detailed rules
UAE Plans to Issue a CBDC to Promote Digital Payments
13.2.2023
The issuance of a digital dirham is one of nine key initiatives in the United Arab Emirates' new Financial Infrastructure Transformation Program
Paxos Trust Co. gets Wells notice from SEC over BUSD token
13.2.2023
It happens to be the Securities and Exchange Commission (SEC) that has duly informed the crypto company, Paxos Trust Co., which happens to be a crypto firm, that it is contemplating suing the company. This is with regard to its suspicion of the entity having violated investor protection laws....
Coinbase Argues Its Staking Services Are Not Securities, Criticizes SEC Regulatory Approach
13.2.2023
Coinbase, one of the biggest cryptocurrency exchanges in the U.S., has stated that the staking services offered on its platform do not constitute securities. The statements, made in the wake of the $30 million settlement that Kraken, another U.S.-based crypto exchange, completed with the U.S....
Huobi Cloud Wallet no more: Exchange pulls plug on DeFi multi-token wallet
13.2.2023
Huobi has announced the impending closure of its Huobi Cloud Wallet service, citing strategic adjustments for the move
First weekly death cross ever — 5 things to know in Bitcoin this week
13.2.2023
Bitcoin price action is making history this week, but for all the wrong reasons, as the 2022 bear market still haunts the charts
UAE central bank to issue CBDC as part of its financial transformation program
13.2.2023
The issuance of a CBDC aims to address inefficiencies in cross-border payments and drive innovation for domestic payments