SEC rebukes need for imminent crypto rulemaking, seeks denial of Coinbase petition
16.5.2023
Coinbase’s chief legal officer Paul Grewal expressed his concerns over the SEC's response, asserting that they will happily continue overseeing the sector via regulation as enforcement
SEC chair Gensler claps back at Coinbase, says crypto rules already exist
16.5.2023
Speaking at the Financial Markets Conference, the SEC chair asserted that the rules for crypto are already in place and that the crypto sector has been largely non-compliant
US Senators Reintroduce ‘Accountability for Cryptocurrency in El Salvador (ACES) Act’
16.5.2023
U.S. Senators Jim Risch and Bob Menendez have reintroduced the “Accountability for Cryptocurrency in El Salvador Act,” known as the “ACES Act,” for discussion in the Senate. The piece of legislation seeks to examine the level of adoption of bitcoin as a legal tender in...
US Secret Service holds crypto, praises blockchain tech in Reddit AMA
16.5.2023
In a crypto-themed AMA session on Reddit on May 15, the U.S. Secret Service answered a wide range of questions and revealed their little-known NFT collection
G7 Nations Must Do More to Stop North Korea Crypto Hacks, Japan Suggests
16.5.2023
Not enough is being done to stop North Korea hacking crypto, Japanese government leaders have hinted at the latest G7 central bank governors and finance ministers’ summit.
Per Nikkei, an unnamed “high-ranking official” from the Japanese Ministry of Finance explained that North Korea is currently...
OpenAI preps release of open source AI model: Report
16.5.2023
The firm behind ChatGPT is seemingly under pressure from other available open-source AI models and is prepping to enter the space with one of its own
Bitcoin Has a Problem in the US Says Prominent Hedge Fund Manager Paul Tudor Jones
16.5.2023
American billionaire hedge fund manager Paul Tudor Jones said bitcoin has a “real problem” due to unfriendly regulation in the US, in a recent interview with CNBC.
“Bitcoin has a real problem because in the United States, you have an entire regulatory apparatus against it,” Jones said.
Appearing...
First Mover Asia: Bitcoin, Ether Prices Stuck in 'Wind Tunnel'
16.5.2023
There all sorts of indicators traders can use to get a sense of where sentiment is heading in crypto markets. A key metric is funding rates on perpetual futures on bitcoin and ether
Number of Bitcoin Wallets With At Least 1 BTC Hits 1 Million – Smart Money Still Moving In?
16.5.2023
Last Friday was a historic day for the Bitcoin network.
For the first time in Bitcoin’s history, the number of wallet addresses holding at least 1 BTC entire token surpassed one million....
Read More: Number of Bitcoin Wallets With At Least 1 BTC Hits 1 Million – Smart Money Still Moving In?
Best Crypto to Buy Now 15 May – Conflux, Sui, Bitcoin SV
16.5.2023
After a weekend of volatile trading, Bitcoin is on an upward trajectory, albeit still below significant thresholds.
As we head into a week potentially lacking in market catalysts, the focus remains on Bitcoin's performance.
How might this recent cryptocurrency market activity affect the best...
Amid ‘Regulatory Apparatus’ Against Crypto, Paul Tudor Jones Maintains Bitcoin Allocation
16.5.2023
In a recent interview, the renowned investor Paul Tudor Jones expressed his perspective on bitcoin, acknowledging that there might be regulatory challenges ahead. However, Jones emphasized his unwavering commitment to the dominant cryptocurrency, affirming that he maintains “a small...
Liquid Staking Leader Lido Upgrades to Second Version on Ethereum
15.5.2023
Lido users can now unstake their stETH and receive ETh at a 1:1 ratio