SEC’s Crypto Enforcement Chief Departs After 9 Years
18.6.2024
The head of the Crypto Asset and Cyber Unit at the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement has left the agency after nine years of service. Under his guidance, the SEC took many enforcement actions against crypto firms, including major crypto trading exchanges...
JPMorgan Questions Sustainability of $12 Billion Crypto Inflows
18.6.2024
JPMorgan analysts have raised concerns about the sustainability of the $12 billion year-to-date inflow into crypto assets, given the current high bitcoin prices relative to production costs and gold. The substantial inflows this year have been primarily driven by spot bitcoin exchange-traded funds...
Trump and Biden Likely Won't Shake Hands at Debate, Prediction Market Says
18.6.2024
Meanwhile, there's a prediction market on whether the U.K. newspaper The Guardian will correct an article about prediction markets
Crypto Super PAC spends $2M on attack ad targeting NY lawmaker
17.6.2024
Democratic Representative Jamaal Bowman in New York’s 16th Congressional District has voted against three pro-crypto bills in the last 30 days
Ethiopia takes first step toward CBDC in economic reform
17.6.2024
The country plans to have a legal framework and regulatory sandbox in place for CBDC introduction “as necessary.”
Venezuela Likely to Keep Using Crypto to Bypass New Set of US Sanctions
17.6.2024
According to Venezuelan dissidents and cryptocurrency analysts, the government of Venezuela is likely to keep using crypto to bypass the returning sanctions on oil and gold activities. Even when Nicolas Maduro’s administration seems to have been affected by corruption cases involving crypto...
Digital asset funds see biggest weekly outflow since March
17.6.2024
According to data from a CoinShares report, weekly total outflows for digital asset funds hit $600 million on June 14
US-Listed Bitcoin Miners Hit Record Market Cap of $22.8 Billion, JPMorgan Says
17.6.2024
As of June 15, U.S.-listed bitcoin miners have reached a record market capitalization of $22.8 billion, according to global investment bank JPMorgan. This surge is led by significant gains in stocks like Core Scientific, Terawulf, and Iren. The overall sector market cap has increased by 24% since...
Bitcoin Bounces to $67K with BTC Miners Rallying 5%-10%; XRP Leads Altcoins
17.6.2024
As bitcoin's volatility is nearing historically low levels, the crypto market is in need of news or catalysts to bring traders to action, one market participant noted
Crypto trading firm Cumberland secures New York BitLicense
17.6.2024
The New York State Department of Financial Services lists 33 companies holding licenses, allowing them to offer crypto-related products and services
US Supreme Court to Hear Nvidia’s Bid to Dismiss Crypto-Related Lawsuit
17.6.2024
The U.S. Supreme Court has agreed to hear Nvidia’s appeal to dismiss a securities fraud lawsuit accusing the company of misleading investors about its sales to the cryptocurrency industry. Nvidia’s appeal follows a lower court’s decision to revive a class-action lawsuit. The suit...
Terraform Labs to shut down after $4.5B SEC settlement: Law Decoded
17.6.2024
Terraform Labs plans to sell key projects within the Terra ecosystem and give the community control of the Terra blockchain