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SEC Commissioner Hester Peirce Calls Out SAB 121, Claims Agency is “Scaring People Off”
2.4.2024
SEC Commissioner Hester Peirce criticized her own agency and its controversial staff accounting bulletin, SAB 121, during Tuesday remarks at the Practicing Law Institute’s 2024 SEC Speaks event. Peirce's dissidence marks the latest dissatisfaction with the SEC's leadership, with the federal agency...
Memes to Millions: The Tax Implications of Sudden Crypto Wealth
2.4.2024
Polygon CEO: L3s Might Represent a Threat to Ethereum’s Security
2.4.2024
Marc Boiron, CEO of Polygon, an Ethereum-compatible sidechain scaling solution, gave his take on the rise of Layer 3 (L3) scaling structures in the Ethereum ecosystem. According to Boiron, L3s only take value away from Ethereum’s chain and concentrate it in their corresponding base...
France’s AMF Issues Warning Against BITGET for Unauthorized Digital Asset Services
2.4.2024
AMF issued a circular on the supervision and issuance of virtual assets in the country, with BITGET on the list of those that offer crypto investments through unauthorized entities.
The post France’s AMF Issues Warning Against BITGET for Unauthorized Digital Asset Services appeared first...
Sam Bankman-Fried Issues First Statement Since Sentencing: “I Never Thought What I Was Doing Was Illegal,” ABC News Reports
2.4.2024
Former “king of crypto” Sam Bankman-Fried is speaking out following his sentencing last week - telling ABC News that he "never thought" his actions were against the law. The FTX founder is currently serving a 25 year prison sentence and must pay an $11 billion fine for his role in the now doomed...
Crypto Venture Capital Fundraising Jumped Over 50% in March Amid Rally
2.4.2024
Most capital went into infrastructure and decentralized finance (DeFi) projects, data by RootData shows
Goldman Sachs Clients Not Interested in Crypto, Says Chief Investment Officer: WSJ
2.4.2024
Goldman Sachs, nowadays one of the few Wall Street banks to do so, isn’t backing away from its negative stance against crypto, as it doesn’t see the value of the asset itself
Crypto Venture Capital Firm Paradigm Looking to Raise Up to $850M for New Fund: Bloomberg
2.4.2024
The VC is looking to raise between $750 million and $850 million, Bloomberg reported citing source familiar
Crypto Organizations Rally for Bitcoin Emoji, Seek 50,000 Signatures to Convince Unicode
2.4.2024
Over 35 cryptocurrency entities, spearheaded by Nexo, have initiated a campaign to introduce a bitcoin emoji, uniting more than 170 million community members in the process. Campaign for Official Bitcoin Emoji Gains Momentum In a push for digital culture recognition, Nexo, alongside more than...
Argentina President Milei Disappoints Some Bitcoiners as Crypto Registration Rule Begins
2.4.2024
The nation unveiled a mandatory registration process for cryptocurrency platforms
US Government Transfers Nearly $2B in Bitcoin to Coinbase, Arkham Data Reveals
2.4.2024
On April 2, 2024, the U.S. government executed a transaction involving nearly $2 billion in bitcoin (BTC), channeling the assets to Coinbase Prime, as Arkham Intelligence’s data reveals. The transfer comprised 30,174.70 BTC, successfully processed at block height 837,413, incurring a fee...
Owner of Thailand’s Largest Cryptocurrency Exchange Set to Go Public in 2025
2.4.2024
Bitkub Capital Group Holdings, the owner of Thailand’s largest cryptocurrency exchange, reportedly plans to go public in 2025. Jirayut Srupsrisopa, the CEO of the holding company, revealed that Bitkub Capital Group is currently hiring financial advisers to assist with the listing. Enhancing Bitkub...
Crypto Exchange Figure Markets Has a Plan to Democratize Finance
2.4.2024
What appears to be another post-FTX trading and custody play with institutions in mind, is really all about visionary disruption
US Bitcoin ETFs See $85.7M Outflow After 4 Days of Gains; Grayscale’s GBTC Leads the Dip
2.4.2024
After four days of consecutive inflows, the U.S. spot bitcoin exchange-traded funds (ETFs) experienced a downturn, with $85.7 million flowing out during Monday’s trading hours. U.S. Spot Bitcoin ETFs’ Momentum Halted With $85.7M in Outflows, Spotlight on GBTC Between March 25...
Crypto.com announces its entry into the South Korean market
2.4.2024
Crypto.com has announced that it is entering the South Korean market effective April 29, 2024. It will offer select cryptocurrencies to retail users, empowering them to trade the token after registering with the platform. Crypto.com has expressed its commitment to the full-fledged provision...
Long-Term Bitcoin Holders Begin ‘Taking Chips Off the Table’ at Record Highs, Analysis Shows
2.4.2024
A recent study by onchain analysts at Glassnode reveals a significant increase in profit-taking activities as bitcoin surged to a new all-time high (ATH) of $73,794, marking a notable phase in the cryptocurrency’s market dynamics. Glassnode Highlights Intensified Profit-Taking Amidst...
In 22 Days, Liquid Staking Platforms Witness a 340,000 ETH Decline
2.4.2024
According to the most recent data, within the last 22 days, the volume of staked ether locked across various liquid staking derivative token platforms has seen a decline of 2.45%. This downward trend was observed across 27 unique platforms, culminating in a reduction of 340,000 ETH, valued...
Solana Price Prediction as SOL Drops to $180 Level – Dip Buying Opportunity?
2.4.2024
SOL has dropped by 7.5% in the past 24 hours, with the Solana price sinking to $180 today as the wider crypto market suffers a 5% loss.
The post Solana Price Prediction as SOL Drops to $180 Level – Dip Buying Opportunity? appeared first on Cryptonews
Binance Appoints Board of Directors for First Time in Effort to Rebuild Reputation Following Legal Troubles
2.4.2024
Binance has named a board of directors for the first time, aiming to reshape its image following last year's guilty plea to US charges of anti-money laundering and sanctions violations.
The post Binance Appoints Board of Directors for First Time in Effort to Rebuild Reputation Following Legal...
Crypto Funds Saw Inflows of $862M Last Week Following $1B of Outflows the Week Before: CoinShares
2.4.2024
The recovery from the week before coincided with a recovery in BTC's price which sat at just under $70,000 on March 29, up nearly 10% on a week earlier