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Best Crypto to Buy Now May 24 – Core, Ondo, Uniswap
25.5.2024
Cryptocurrency markets are ending the week with solid momentum in wake of the SEC’s approval of spot Ethereum ETFs and, in wake of Bitcoin (BTC)’s recovery back to the $69,000 level, traders are hunting for the best crypto to buy now for quick gains.
The post Best Crypto to Buy Now May 24 – Core...
UK Approves First Physically Backed Bitcoin and Ethereum ETPs for Listing on London Stock Exchange
24.5.2024
The Financial Conduct Authority (FCA), the UK’s top financial regulator, has approved physically backed bitcoin and ethereum exchange-traded products (ETPs) for listing on the London Stock Exchange for the first time. “FCA approval in this respect could result in greater institutional...
Crypto Biz: Kraken denies USDT delisting, crypto custody on the rise, and more
24.5.2024
This week’s Crypto Biz explores Kraken’s stablecoin plans in Europe, the departure of Grayscale’s CEO, Prometheum’s Ether custody service that treats ETH as a security, and more
UAE Agriculture Authority Bans Cryptocurrency Mining on Farms
24.5.2024
The Abu Dhabi Agriculture and Food Safety Authority, United Arab Emirates (UAE), has issued a new advisory prohibiting the use of farms for cryptocurrency mining.
The post UAE Agriculture Authority Bans Cryptocurrency Mining on Farms appeared first on Cryptonews
Ethereum Foundation to have conflict of interest policy after EigenLayer crossovers
24.5.2024
Executive director Aya Miyaguchi said the foundation’s neutrality can’t depend on culture and individual judgment after researchers take multimillion-dollar roles at EigenLayer
The Unintended Consequences of FIT21’s Crypto Market Structure Bill
24.5.2024
US House Passes Central Bank Digital Currency Anti-Surveillance State Act
24.5.2024
The House of Representatives has passed Congressman Tom Emmer’s CBDC Anti-Surveillance State Act, which prohibits the Federal Reserve from issuing a surveillance-oriented central bank digital currency (CBDC). The lawmaker emphasized that the bill protects American values of privacy and individual...
Consensys Hails Spot Ether ETF Approval, Slams SEC’s ‘Deliberate Regulatory Abuse’
24.5.2024
Consensys has lauded the U.S. Securities and Exchange Commission’s approval of 19b-4 filings for spot ether exchange-traded funds as “a step in the right direction.” However, the software firm expressed its disapproval of what it calls the securities regulator’s...
Coinbase, SEC spar over investment definition in appeal attempt
24.5.2024
The SEC is evading the real issue, and the court was wrong to take its side, Coinbase claims in a defense of its interlocutory appeal
FTX Group Paid $25 Million In Settlement To Whistleblowers Before Collapse
24.5.2024
Sam Bankman-Fried’s FTX Group paid over $25 million in hush money to seven whistleblowers before the doomed crypto exchange collapse in November 2022, an independent examination released Thursday has found. The report's release comes just days before former FTX executive Ryan Salame is set to...
Northern Data’s Peak Mining Acquires Second 300-Megawatt Site in Texas
24.5.2024
According to Peak Mining, a subsidiary of the German bitcoin mining and infrastructure firm Northern Data, the company has announced the purchase of a 300-megawatt ERCOT-approved site in Corpus Christi, Texas. The site is adjacent to another location acquired by the firm in December 2023. Peak...
Crypto Governance Advisory MetaLeX Raises $2.75M
24.5.2024
Ethereum’s Subdued Market Performance Follows US Approval of Spot ETFs
24.5.2024
Following the approval of several spot ethereum exchange-traded funds (ETFs) in the U.S., ether’s price has been rather subdued, ranging between $3,640 to $3,740 over the last 12 hours. There’s wasn’t really any substantial upticks other than when the rumors of the approval...
Coinbase Slugs It Out With U.S. SEC in Effort to Get Key Crypto Question Answered
24.5.2024
Coinbase Inc. (COIN) took another step in its back-and-forth argument with the U.S. Securities and Exchange Commission (SEC) on whether the cryptocurrency exchange should be allowed to raise a single, core legal point for consideration by a higher court
Montenegro Court Blocks Do Kwon’s Extradition to South Korea
24.5.2024
A Montenegro appeals court has reversed an order to extradite Do Kwon, the cryptocurrency entrepreneur behind Terraform Labs, to South Korea. Kwon is wanted for his alleged role in the company’s collapse, which caused a $40 billion loss and impacted global crypto markets. Both South Korea and...
Onchain Fees for Bitcoin Drop to Six-Month Low
24.5.2024
Bitcoin transaction fees have reached their lowest point since early November 2023, roughly six months ago. The average fee is now about $2.77 per transaction, with low-priority to high-priority transfers costing between $0.38 and $0.95 per transaction on May 24. Bitcoin Transfer Fees Reach Lows...
Shiba Inu Holders Shift Funds to This New Crypto Gambling ICO, Eyeing 100x Gains in 2024
24.5.2024
As the Shiba Inu (SHIB) price struggles to escape the magnet pull of its 21 and 50DMAs and remains locked within recent ranges, Shiba Inu holders are shifting funds to a new crypto gambling ICO called Mega Dice (DICE) as they eye potential 100x gains in 2024.
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$15M Crypto Presale Dogeverse Enters Last 10 Days Ahead of Exchange Listings
24.5.2024
The hype around Dogeverse (DOGEVERSE), a new multi-chain meme coin, is continuing to grow. After raising over $15 million during its presale, this viral project is entering the final 10-day countdown before hitting exchanges – and investors are eager to get involved while they can. Final...
Coinbase Continues to Fight for Crypto Clarity, Challenging SEC Overreach in Court
24.5.2024
Cryptocurrency exchange Coinbase has filed a reply memorandum supporting its motion to certify an interlocutory appeal in its lawsuit against the U.S. Securities and Exchange Commission (SEC), which alleges that certain digital asset transactions conducted by Coinbase constitute the sale...
US Spot Bitcoin ETFs Mark Ninth Day of Inflows, Led by Blackrock’s $89M Gain
24.5.2024
U.S. spot bitcoin exchange-traded funds noted their ninth consecutive day of positive inflows, amassing $107.9 million on Thursday. Blackrock’s IBIT led the way, securing $89 million, while Grayscale’s bitcoin trust (GBTC) experienced $14 million in outflows. Gap Between IBIT and GBTC...