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House expected to vote on crypto bill offering SEC, CFTC clarity in May

10.5.2024
The Financial Innovation and Technology for the 21st Century Act passed out of committee in July 2023 but could be headed for a full floor vote in the U.S. House of Representatives

International Monetary Fund Tells Nigeria To Regulate Crypto Trading Platforms

10.5.2024
The International Monetary Fund (IMF) has recommended Nigeria regulate crypto trading platforms, a new staff report by the United Nations’ financial agency released Thursday states. The country has been under increased international scrutiny for the detainment of two Binance executives after...

Crypto Exchange Trading Volume Declines in April as Bitcoin Retreats from Record High

10.5.2024
Trading volume on major cryptocurrency exchanges has experienced a significant decline in April, coinciding with Bitcoin's retreat from its all-time high. The post Crypto Exchange Trading Volume Declines in April as Bitcoin Retreats from Record High appeared first on Cryptonews

Grayscale Maintains Steady Revenue Despite Massive GBTC Outflows in Q1

10.5.2024
Grayscale Investments maintained stable revenue in the first quarter despite substantial outflows from the Grayscale Bitcoin Trust (GBTC), its converted spot bitcoin exchange-traded fund (ETF). The firm reported $156 million in revenue, little change from the previous quarter, as stated in...

ADA to Rally 1,225%, XRP to Explode 260% and DOGE to Grow 250% – New Super Bullish Altcoin Forecasts Emerge

10.5.2024
As the crypto bull market eases midway through the second quarter of 2024, analysts are stepping forward to fight the FUD with new super bullish altcoin forecasts. The post ADA to Rally 1,225%, XRP to Explode 260% and DOGE to Grow 250% – New Super Bullish Altcoin Forecasts Emerge appeared...

Cardano Price Prediction as Hoskinson Claims Biden is ‘Killing Crypto’ – Will ADA Fall to Zero?

10.5.2024
The Cardano (ADA) price has reversed 4% lower on Friday, having once again found strong resistance at its 21DMA and amid comments from the crypto’s founder Charles Hoskinson that US President Joe Biden is trying to kill crypto. The post Cardano Price Prediction as Hoskinson Claims Biden...

Stand With Crypto Launches PAC To Back Pro-Crypto Politicians Ahead of November Elections: Reuters

10.5.2024
Digital asset advocacy group Stand With Crypto has launched its own political action committee (PAC) set to back pro-crypto politicians a Friday report from Reuters reveals. News of the PAC comes as crypto continues to be a significant concern for voters the lead-up to the November 2024...

Lightning Labs CTO Conducts First Mainnet Multi-Hop Asset Payment via Taproot Asset Channels

10.5.2024
Olaoluwa Osuntokun, co-founder and CTO of Lightning Labs, recently executed the first successful mainnet multi-hop asset payment using Taproot Asset channels, marking a new development in asset transfer capabilities over the Lightning Network. Asset Transfer Achieved on Lightning Network Using...

Best Crypto to Buy Now May 10 – Toncoin, Render

10.5.2024
With crypto having pulled back sharply in recent trade following US economic data that has reignited fears about stagflation, and in wake of hawkish commentary from Fed policymakers, traders are looking for altcoins with strong bullish momentum that might be the best crypto to buy now. The post...

GBTC’s Heavy Withdrawals Result in Net $11.3M Outflow in US Bitcoin ETFs

10.5.2024
The U.S. spot bitcoin exchange-traded funds (ETFs) witnessed an outflow of $11.3 million during Thursday’s trading sessions, following an inflow of $11.5 million on Wednesday. Although the majority of funds experienced inflows on Thursday, significant outflows from Grayscale’s Bitcoin...

Coinbase’s Stand With Crypto launches political action committee

10.5.2024
The advocacy group said it will begin officially endorsing political candidates for “common-sense crypto policy” in the U.S. Senate and House of Representatives

Crypto Custody Tech Firm Fireblocks Unveils New York-Regulated Trust Company

10.5.2024
Fireblocks is also convening a licensed and qualified crypto custodian partner program with a starting line up of custodians from the U.S., the United Arab Emirates, Britain, Singapore, Thailand and Australia

Shouldn't All These Crypto Lawyers Start Learning About Crypto?

10.5.2024
The industry should expect its legal experts to effectively articulate how these innovative technologies are driving changes in how we understand money, privacy and governance

Eduard Jubany Tur, Founder of ZKX, on Perpetual Futures, DeFi Growth in Asia, and How DeFi Can Democratize Finance | Ep. 333

10.5.2024
Eduard Jubany Tur, the founder of ZKX, a decentralized perpetual futures exchange on Starknet, discusses getting people off centralized exchanges and into DeFi, the growth of the crypto industry in Asia, the region’s key relevance, and differences between crypto users in Asia and the rest of...

Hong Kong Businessman and Son Surrender to Police Over Kidnapping of Crypto Investor in $1.9 Million Dispute

10.5.2024
The 70-year-old man and his 30-year-old son were arrested on suspicion of false imprisonment and assault, according to police sources. The post Hong Kong Businessman and Son Surrender to Police Over Kidnapping of Crypto Investor in $1.9 Million Dispute appeared first on Cryptonews

Crypto firms brace for intensified SEC, CFTC action after regulator warning

10.5.2024
The CFTC warned of another cycle of enforcement actions against crypto firms as investor interest rises

Bankrupt Crypto Lender Blockfi Enlists Coinbase to Distribute Crypto Payouts

10.5.2024
The now-defunct crypto lender Blockfi is officially shutting down the firm’s web portal this month according to an update from the firm. Blockfi said that it has partnered with Coinbase to help facilitate the execution of withdrawals to eligible Blockfi customers. Blockfi Collaborates With Coinbase...