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Multiple spot crypto ETF applications go to Federal Register in step toward SEC approval
19.7.2023
Publishing the ETF applications in the official journal of the U.S. government gives the SEC up to 240 days for final approval or denial — until March 2024
U.S. Spot Bitcoin ETF Approval Clock to Start Wednesday as 8 Applicants Named on Federal Register
18.7.2023
The clock for the SEC approval process of spot bitcoin exchange-traded fund (ETF) applications will begin Wednesday after all eight applicants, including BlackRock, were listed in the Federal Register
Bitcoin Remains Under Pressure Below $30K Following U.S. Retail Sales Numbers
18.7.2023
Thursday's rally to a new 13-month high of $31,800 has now more than been fully nullified
Crypto Catalysts: Investors to Weigh Jobs, Retail Sales, Production Data for Latest Inflation Signals
17.7.2023
The jobs market remains strong, a concern for the U.S. central bank which seems intent on raising the Federal Funds rate 25 basis points
BTC traders brace for $30K loss — 5 things to know in Bitcoin this week
17.7.2023
BTC price performance is getting market participants worried in the short term, but the signs of wider Bitcoin accumulation are there
‘Done, Dead’ — DeSantis to Nix Central Bank Digital Currency on Day 1
16.7.2023
Central bank digital currency (CBDC) is a “massive threat” to liberty, Republican Governor of Florida Ron DeSantis is convinced. During an interview with former Fox News host Tucker Carlson, DeSantis vowed to send CBDC “to the ash heap of history” if he is elected President of the United States....
JPMorgan CEO Jamie Dimon Calls 2023’s Banking Fiasco a ‘Mini Crisis’, Foresees Consumer Savings Depleted by Year’s End
15.7.2023
Four days ago, JPMorgan Chase CEO Jamie Dimon was interviewed by The Economist and he discussed the recent U.S. banking disaster that occurred last March. At that time, the public witnessed the second, third, and fourth largest bank failures in U.S. history. Dimon asserted that “for the most part,”...
Celsius Founder Alex Mashinsky’s Bail Set at $40 Million, Travel Restricted Amid Fraud Charges
14.7.2023
Just before the now-defunct crypto lender Celsius was charged by three U.S. federal regulators — the Commodity Futures Trading Commission (CFTC), Securities and Exchange Commission (SEC), and Federal Trade Commission (FTC) — its former CEO, Alexander Mashinsky, was arrested on fraud charges...
Experts Warn of Impending Recession in the US as Survey Reveals 59% Chance by July 2024
14.7.2023
A recently published survey by Bankrate reveals that there is a 3-in-5 likelihood of a recession occurring in the United States within the next year. Bankrate’s survey of economists firmly indicates that the chances of a recession taking place in the U.S. are greater than the chances of...
FTC Blasted By Congress And Gamers For Doing Its Job
14.7.2023
Under chair Lina Khan, the Federal Trade Commission (FTC) has taken a lot of heat for trying to be aggressive in its approach to regulating tech companies and preventing monopolies. Now the FTC is facing criticism from both Republicans in Congress and very online Xbox fans for appealing a recent...
FTC Slaps Crypto Lender Celsius With $4.7B Fine for Deceiving Consumers and Mismanaging Deposits
13.7.2023
On Thursday, following the U.S. Securities and Exchange Commission (SEC) suing the insolvent crypto lender Celsius, the Federal Trade Commission (FTC) divulged a settlement with the firm and imposed a $4.7 billion fine for “duping consumers.” Nevertheless, the penalty will be deferred to enable...
Russian State Duma Passes Digital Ruble Law
13.7.2023
The State Duma, the lower house of the Russian Federal Assembly, discussed and passed the Digital Ruble law in its second and third discussion on July 11. The law will allow the Central Bank of Russia, as the sole regulator of the proposed digital currency, to organize a pilot test slated...
US Government Transfers $300 Million Worth of Seized Silk Road Bitcoins
12.7.2023
On July 12, 2023, onchain data shows the U.S. government transferred 9,800 bitcoins (BTC), worth just over $300 million. These bitcoins originally came from James Zhong’s Silk Road hack. In March, the Department of Justice also moved a similar amount of bitcoins associated with Silk Road....
Even as Inflation Risk Fades, Bitcoin Remains Stuck Below $31K
12.7.2023
Wednesday's CPI report showed sizable decelerations in both overall and core U.S. inflation, which one might've thought would drive BTC's price higher
Federal Prosecutors Investigate Former FTX Executive Over Possible Campaign Law Violations: WSJ
11.7.2023
Ryan Salame is being investigated for potentially illegally avoiding federal limits on contributions to his girlfriend's congressional campaign last year
Bitcoin's Optimism Fades as Turmoil and Interest Rates Present Challenges
10.7.2023
Bitcoin (BTC) fell lower over the course of last week, as optimism faded among market participants in the face of potentially higher interest rates in the US.
The price of the number one cryptocurrency have largely been in an uptrend since news broke that the world’s largest asset manager...
CPI meets low BTC supply — 5 things to know in Bitcoin this week
10.7.2023
Bitcoin is proving that everything is bullish but BTC price action this week, with network fundamentals and accumulation data in "up only" mode
New York Federal Reserve and US Banks Complete Programmable Dollar CBDC Test
8.7.2023
The New York Federal Reserve and a group of financial institutions announced the successful conclusion of a proof-of-concept of the Regulated Liability Network (RLN), which contemplates the introduction of a dollar-based interbank central bank digital currency (CBDC). The test concluded that, using...
How Argentina’s inflation is helping altcoins and the crypto market
7.7.2023
Cointelegraph analyst and writer Marcel Pechman explains how Argentina’s 150% inflation is actually helping the altcoin market by luring more investors
U.S. Added 209K Jobs in June, Missing Expectations for 230K
7.7.2023
The unemployment rate TKTK to 3.X% versus 3.7% in June and against expectations for 3.7%