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Former SEC Chief Warns, “Get Out Of Crypto Platforms Now” -What’s Going On?
12.6.2023
Former Enforcement Division chief of the U.S. Securities and Exchange Commission (SEC), John Reed Stark, came up with a warning in his Tweet on June 8, 2023. The warning came directly with the label "Get out of crypto platforms now."
Following the SEC's actions against Coinbase and Binance, Stark...
Latam Insights — Volcano Energy Bitcoin Mining Project Rises in El Salvador, Venezuelan Miners Leaving Amidst Crypto Corruption Probe
12.6.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Volcano Energy rises in El Salvador, Venezuelan bitcoin miners flee amidst nationwide mining ban, and Argentina deepens usage of the Chinese yuan to...
Pepe fades out of relevance, & activity has dropped by 80%, but DigiToads gets started
10.6.2023
There’s a lot that has been keeping the crypto market abuzz, and on top of the list is the declining popularity of Pepe. Not too long ago, the meme coin was among the best cryptocurrency to buy in the market, but its bull run has finally ended. According to market reports, analysts see Pepe...
Founder of SEC Office of Internet Enforcement Warns of Upcoming Regulatory Siege: ‘Get Out of Crypto Platforms Now’
10.6.2023
John Reed Stark, founder and former chief of the Office of Internet Enforcement of the U.S. Securities and Exchange Commission (SEC), has warned about a new regulatory “siege” against crypto platforms. Reed Stark believes that “crypto trading platforms are high-risk, perilous,...
Biggest Movers: PEPE 13% Higher as Coin Breaks Out of Key Resistance Level
7.6.2023
Pepe rose by as much as 13% in today’s session, with the coin breaking out of a key resistance level as a result. The surge came as cryptocurrency markets attempted to bounce back from Tuesday’s drubbing. XRP was another notable gainer, moving 5% higher on Wednesday. Pepe (PEPE) Pepe...
SEC's Latest Crackdown Could Drive Crypto Firms Out of the U.S.
6.6.2023
Companies such as Coinbase and Binance may not want to, but they could be forced to focus their efforts elsewhere
Bitcoin Interest Hits Rock Bottom: Google Trends Data Shows Lowest Score in 7 Months
5.6.2023
According to Google Trends, worldwide interest surrounding the term “bitcoin” has plummeted to its lowest point since October 2022, registering a mere 17 out of 100. The active interest for the term has taken a nosedive since June 2022, when the search query for bitcoin reached...
Uh-Oh: USAF’s Killer AI Drone Sounds Straight Out Of Horizon Zero Dawn
2.6.2023
Something unexpected happened in a simulated test of an AI-powered military drone. The robot, tasked with taking out specific targets on approval of a human operator, decided to just take out the human so it could take out all the targets that the human might say no to. And somehow, this wild story...
Economist Peter Schiff Warns of US Dollar Crisis and ‘Catastrophic End’ — National Debt Will ‘Spiral out of Control’
2.6.2023
Economist Peter Schiff has warned of an impending U.S. dollar crisis. He predicted that with the new debt ceiling deal, “reckless government spending and borrowing will continue until a sovereign debt and U.S. dollar crisis bring it to a catastrophic end.” Peter Schiff’s Latest...
Biggest Movers: LTC Breaks Out of Key Resistance Level After Gaining 6%
1.6.2023
Litecoin rose by as much as 6% in today’s session, as the token climbed past a key resistance level on Thursday. The move came following several attempts over several weeks, with bulls finally breaking through. Polygon was also higher, ending a recent losing streak. Litecoin (LTC) Litecoin...
Crypto Industry’s Reputation Takes a Hit: FTX and Bitcoin Rank at the Bottom of 2023 Axios Harris Poll 100
30.5.2023
A recent survey conducted by Axios and Harris Poll, which polled 16,310 Americans, has revealed some interesting findings about the reputation of two select entities in the crypto industry. FTX, a crypto exchange that has since gone out of business, has been ranked at the very bottom of the list...
Dormant Bitcoin Wallet From 2010 Makes Rare Transaction on 13th Anniversary of Bitcoin Pizza Day
22.5.2023
As bitcoin enthusiasts commemorate Bitcoin Pizza Day, marking the 13th anniversary of Laszlo Hanyecz’s acquisition of two pizzas for 10,000 BTC on May 22, a dormant sleeping bitcoin wallet from July 2010 has made a transaction of 50 BTC after almost 13 years. Bitcoin Wallet From 2010 Comes...
Bitcoin, Ethereum Technical Analysis: BTC Remains Below $27,000 Ahead of Pivotal Week in US Debt Ceiling Talks
22.5.2023
Bitcoin continued to consolidate on Monday, ahead of U.S. debt ceiling talks with President Biden and Republican House Speaker Kevin McCarthy. It is expected that if a deal isn’t reached this week, the government will run out of cash on June 1. Ethereum was marginally higher. Bitcoin Bitcoin...
The US Treasury is running out of cash — trouble ahead for Bitcoin?
22.5.2023
Cointelegraph analyst and writer Marcel Pechman explains how and why the U.S. Treasury is quickly running out of cash, and what that means for Bitcoin and the crypto market
Report: Well Known Crypto Firms Still Not Adhering to Basic Governance Standards
18.5.2023
Many of the most well-known crypto firms are not adhering to basic governance standards, the findings of a Bloomberg survey have shown. Only 31 out of the 60 polled firms “currently procure a full financial audit or reserve attestations from an independent auditor.” Industry...
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $27,000 as US Debt Ceiling Fears Grip Markets
17.5.2023
Bitcoin fell below the $27,000 level on May 17, as market uncertainty remained high amidst the debt ceiling crisis in the United States. Congress continues to negotiate terms of a potential increase to the limit, before the U.S. government runs out of cash on June 1. Ethereum also dropped, breaking...
Tether boasts of its financial stability after strong profits, money moved out of banks
15.5.2023
Tether Holdings wants to make sure the world is aware of its positive first-quarter attestation in the face of rumors and criticism
Reef Labs Is Launching a $10M Accelerator Program to Empower Web3 Projects in the Middle East
15.5.2023
PRESS RELEASE. Reef is thrilled to announce the launch of a $10 Million Accelerator Program for Web3 projects building on the Reef Chain, which are based out of the Middle East. The program, managed by Reef Labs, aims to support, incubate, and invest in promising Middle East-based Web3 developers...
Musk on ‘Massive Incentive’ to Get Money Out of Banks, Dave Ramsey Dismisses De-Dollarization Fears, BTC Network Congestion Eases, and More — Week in Review
14.5.2023
Twitter CEO Elon Musk has shared what he calls a “massive incentive” to get money out of bank accounts, noting “bank depositor flight will accelerate to extreme levels, even for banks that are ‘too big to fail.’” Personal finance coach and author Dave Ramsey, for his part, thinks...
'Significant risk' of US Treasury running 'out of funds' soon: Report
14.5.2023
The United States Congressional Budget Office (CBO) has predicted that the U.S government's annual deficits will “nearly double over the next decade.”