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Congressman Blasts SEC Chair Over Crypto Regulation Failures
25.9.2024
Congressman Tom Emmer sharply criticized U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler during a congressional hearing, questioning his leadership and approach to cryptocurrency regulation. “The SEC broke the law, your attorneys lied to the court, and no one in your...
Binance Helps Indonesian Authorities Recover Funds in Crypto Fraud Bust
25.9.2024
Crypto exchanges Binance and Tokocrypto collaborated with Indonesian law enforcement to crack down on a crypto scam, seizing $200,000 in stolen assets. “During the investigation, multiple individuals involved in managing the accounts that received the stolen funds were arrested,”...
Blackrock’s Head of Crypto Sees Bitcoin as ‘Risk Off’ Asset Despite Stock Correlation
25.9.2024
Blackrock’s digital asset chief sees bitcoin as a “risk-off” asset even though it has shown a pattern aligned with U.S. stocks. He drew parallels between bitcoin and gold, pointing to its decentralized structure and limited supply as crucial factors setting it apart....
Lawmakers Question SEC Over Disruptive Crypto Custody Rules
25.9.2024
Congressional leaders are pressing regulators over concerns that the U.S. Securities and Exchange Commission (SEC)’s new guidelines on digital asset custody could disrupt financial innovation and regulatory collaboration. Lawmakers question whether the SEC acted prematurely, potentially...
Survey Shows 34.6% of Young Investors in Brazil Hold Cryptocurrency in Their Portfolios
25.9.2024
A survey conducted by Rico, an investment platform in Brazil, revealed young investors’ preference for cryptocurrency as an investment tool. According to the results, 34.6% of all investors aged 24 to 35 held crypto in their portfolios, making it the fourth most popular investment behind savings...
Argentina Rejects UN Pact for the Future as Milei Breaks With International Agenda
24.9.2024
The government of Argentina has refused to endorse the United Nations Pact for the Future, a framework that proposes solutions for “the biggest challenges of our time.” Foreign Minister Diana Mondino stated on Monday before the UN Assembly that these agendas weren’t binding and that Argentina...
Economist Jim Rickards: Fed’s Narrative Is Wrong, Recession Coming
24.9.2024
Jim Rickards, a renowned economist and author of several best-selling books, has explained that the recent Federal Reserve 0.5% interest rate cut shows that the institution has fallen behind the curve and is “in a little bit” of a panic mode, with a recession coming according to several...
Finance traders will be first to spot superintelligent AI — Wharton prof
24.9.2024
Ethan Mollick’s commentary sparked speculation from the cryptocurrency community.
Finance traders will be first to spot superintelligent AI — Wharton prof
24.9.2024
Ethan Mollick’s commentary sparked speculation from the cryptocurrency community.
2009 Bitcoin Whale Moves 5 BTC to Kraken, Holds Over 1,200 BTC
24.9.2024
An early bitcoin whale has made waves in the crypto world, according to the onchain analytics platform Arkham Intelligence. This long-time holder transferred five bitcoins to Kraken, while still sitting on an impressive 1,215 BTC—worth a hefty $77 million as of today. Arkham: Vintage Bitcoin...
Spot Bitcoin ETFs Record $4.5M in Net Inflow on September 23 ET
24.9.2024
Spot Bitcoin ETFs banked a net inflow of $4.5 million on September 23, 2024, Eastern Time (ET). BlackRock…
Grayscale Sparks XRP ETF Buzz with XRP Trust Launch: Could SHIB and ETFSwap Be Next?
24.9.2024
Grayscale has reignited excitement in the Ripple (XRP) community and beyond with the launch of its XRP Trust.…
Bybit eyes Muslim investors with Shariah-compliant crypto account
24.9.2024
Bybit launches Shariah-compliant crypto account, targeting Muslim investors seeking investment options in line with Islamic finance principles
Can Bitgert Overtake Ethereum and Solana by 2025 in Market Value?
24.9.2024
Ethereum and Solana are both significant players in the altcoin market, the former practically the king of altcoins…
Stepn Partners With Adidas for Genesis Sneakers NFT Launch
24.9.2024
Stepn, the Web3 move-to-earn app, has announced a new partnership with Adidas, the German sports apparel company, to issue a second Genesis Sneakers collection. Stepn qualified this new partnership as a milestone for the adoption of its Stepn Go app. The two companies will issue 1,000 co-branded...
Celsius token surges 300% a month after $2.5B payment to creditors
24.9.2024
Celsius token skyrockets 300% a month after paying $2.5 billion to creditors, marking a strong rebound in the aftermath of its bankruptcy settlement.
Kraken acquires Dutch broker BCM as part of European expansion
24.9.2024
The acquisition of the Dutch broker firm is a key part of the exchange’s European expansion strategy ahead of the MiCA regulation
Daily Crypto Update: Bitcoin Stands at 63k as Market Shows Stability
24.9.2024
With September coming to an end, the crypto market is showing signs of stability. Following a commendable start…
Sweden sees crypto exchanges as professional money launderers
24.9.2024
Swedish authorities label certain cryptocurrency exchanges as key enablers of organized crime, highlighting four distinct money-laundering profiles
Latam Insights Encore: Bukele’s Zero-Debt Budget Is a Good Start to Heal El Salvador’s Economy
24.9.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine the budget proposal of Salvadoran President Nayib Bukele, which contemplates eliminating debt issuance and how this might change...