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Crypto Industry Needs ‘Light’ Regulatory Framework to Combat Risks: US Sen. Thom Tillis
10.4.2024
Tillis stressed “light” regulation to help curb illicit crypto financing during the Senate Banking Committee meeting on Tuesday.
The post Crypto Industry Needs ‘Light’ Regulatory Framework to Combat Risks: US Sen. Thom Tillis appeared first on Cryptonews
Bitwise President Praises Tether’s Successful Business Model
10.4.2024
Teddy Fusaro, president of Bitwise, one of the crypto index fund managers, has praised the business model of Tether, the company behind the largest stablecoin in the crypto market. Fusaro emphasized that Tether obtained net income numbers close to the ones of traditional institutions such...
Australian Regulator Appeals Loss in Finder’s Crypto Product Verdict
10.4.2024
The Australian Securities and Investments Commission (ASIC) is appealing the Federal Court's dismissal of its case against Finder Wallet's crypto product, Finder Earn.
The post Australian Regulator Appeals Loss in Finder’s Crypto Product Verdict appeared first on Cryptonews
Marathon CEO Credits Bitcoin ETF on Pre-Halving Price Surge
10.4.2024
Fred Thiel, CEO of Marathon Digital Holdings Inc., suggested that recent spot Bitcoin ETF approvals have accelerated the market’s appreciation, typically expected post-Bitcoin halving, by attracting significant capital into the market. Thiel remarked that this shift has led to an unusual...
Where South Korea’s Democratic Party and People Power Party Stand on Crypto Policies
10.4.2024
South Korea’s elections take place today and the outcome of who comes out tops will play a crucial role in influencing the regulatory environment for cryptocurrencies.
The post Where South Korea’s Democratic Party and People Power Party Stand on Crypto Policies appeared first on Cryptonews
Crypto Exchange Listing and Delisting Announcements: April 8, 2024
10.4.2024
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
The post Crypto Exchange Listing and Delisting Announcements: April 8, 2024 appeared first on Cryptonews
KPMG Survey Shows Germany Warming Up to Crypto Again
10.4.2024
Investors in Germany are regaining optimism and confidence in crypto following a challenging period for the market last year. Still, some reservations persist.
The post KPMG Survey Shows Germany Warming Up to Crypto Again appeared first on Cryptonews
Telegram-Linked Toncoin (TON) Hits ATH Amid IPO Speculations
10.4.2024
Toncoin (TON) reaches a new all-time high and flips Cardano as rumors of Telegram's founder considering potential IPO stir investor interest in the associated crypto.
The post Telegram-Linked Toncoin (TON) Hits ATH Amid IPO Speculations appeared first on Cryptonews
Bitcoin Reportedly Hindering El Salvador’s Credit Opportunities With the IMF
10.4.2024
Bitcoin and its adoption by the government of El Salvador have become a negative factor in the country’s negotiations with the IMF. According to reports, the institution demands changes to El Salvador’s Bitcoin law to receive a $1.4 billion credit line for expediting public debt...
South Korean Regulators Want to Stop Traders Dumping Stolen Coins on Domestic Exchanges
10.4.2024
South Korean regulators want to block traders from dumping stolen coins on the country’s crypto exchanges.
The post South Korean Regulators Want to Stop Traders Dumping Stolen Coins on Domestic Exchanges appeared first on Cryptonews
Is the Sam Bankman-Fried Story Over?
10.4.2024
Last month, I attended Sam Bankman-Fried's sentencing hearing. Not that anyone asked, but I have some thoughts
Celo Adds Tether’s USDT as Gas Currency
10.4.2024
Celo, a low-fee, usability-focused blockchain, has approved using Tether’s USDT, a dollar-pegged stablecoin, to pay transaction fees. The passed governance proposal stated this functionality would simplify the transaction experience for users, who only need to hold the USDT stablecoin...
Top Crypto Gainers Today on DEXScreener – BRIDGEBLOCK, RB, LANDWOLF
10.4.2024
Following a bearish day of price action amongst blue-chip cryptocurrencies, traders looking to turn a quick profit are flocking in droves to the on-chain micro-cap markets as they hunt for top crypto gainers today.
The post Top Crypto Gainers Today on DEXScreener – BRIDGEBLOCK, RB, LANDWOLF...
South Korean Election: How Will 6 Million Crypto Traders Vote?
10.4.2024
South Korean election results could hinge on the voting intentions of the country’s six million crypto traders, reports claimed April 9.
The post South Korean Election: How Will 6 Million Crypto Traders Vote? appeared first on Cryptonews
Vaneck CEO Expects SEC to Reject Spot Ethereum ETF Applications in May
9.4.2024
The applications for spot ethereum exchange-traded funds (ETFs) face a potential rejection in May when the U.S. Securities and Exchange Commission (SEC) reaches its deadline for decisions, according to Vaneck’s CEO. His firm is one of the applicants seeking approval for a spot ether ETF....
Senator Tim Scott Calls Crypto A “Scapegoat” For Illicit Finance Concerns in Crucial Remarks During Crypto Hearing
9.4.2024
Senator Tim Scott (R-SC) grilled Deputy Secretary of the Department of the Treasury Adewale O. Adeyemo over his focus on cryptocurrencies regarding unlawful crypto funding, saying it seemed like a "scapegoat" from his administration in lieu of focusing on the entire illicit finance ecosystem....
Next Bitcoin Halving to Propel Prices to Between $150,000 and $169,000, Says Bitfinex
9.4.2024
A new analysis by Bitfinex researchers predicts a 160% surge in bitcoin’s price in the upcoming 12-14 months, potentially reaching over $150,000 per unit. This forecast, derived from historical data and statistical models related to previous Bitcoin halving events, suggests a bullish future...
Best Crypto to Buy Now April 9 – Fantom, Toncoin, Ethena
9.4.2024
As major cryptocurrencies pull sharply lower on Tuesday, with Bitcoin (BTC) and Ether (ETH) both down in the region of 4% in the past 24 hours, traders are looking for the best crypto to buy now to make quick gains.
The post Best Crypto to Buy Now April 9 – Fantom, Toncoin, Ethena appeared first...
Base Chain Ecosystem Sees 3x Rise In TVL As This New Base Crypto Presale Raises $450,000
9.4.2024
Ethereum layer-2 scaling blockchain Base, that was launched by Coinbase last year, is enjoying explosive growth in its ecosystem, is enjoying explosive growth this year amid a building meme coin craze, with a new Base crypto presale called Dogeverse recently surging past $450,000 in funds...
GBTC Drops Nearly 3,000 BTC in a Day as Blackrock, Fidelity Command Record Inflow Streaks
9.4.2024
Recent market data highlights that spot bitcoin exchange-traded funds (ETFs) in the United States experienced a net outflow of $223.8 million on April 8, while Grayscale’s Bitcoin Trust (GBTC) saw a substantial outflow of $303 million. GBTC Continues to Face Steep Outflows As of yesterday...