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Does Sam Bankman-Fried Deserve 50 Years in Prison?
20.3.2024
The stage is set for a federal judge to determine how long Sam Bankman-Fried may spend in prison. The U.S. Department of Justice and defense attorneys have now both filed their arguments, as well as statements from FTX creditors (from the prosecution) and Bankman-Fried's family and friends (from...
Crypto Fan Won Ohio Senate Primary That Could Alter the Industry's U.S. Destiny
20.3.2024
Ohio's U.S. Senate race may be the biggest congressional contest this year for the crypto industry, now pitting a digital assets booster against Sen. Sherrod Brown (D-Ohio), the sitting Senate Banking Committee chairman who has stood in the way of the development of regulatory legislation
‘Wolf of All Streets’ Warns Bitcoin Market Could ‘Cool off Massively’
20.3.2024
Scott Melker, also known as the “Wolf of All Streets,” has shared some concerns regarding the bitcoin market. Pointing to his “top signals,” he cautioned that the market could “cool off massively for a few months before hopefully ramping up again in...
Salvadoran Press Raises Doubts on Piggy Bank Funds’ Ownership: 80% of BTC Came From Bitfinex
20.3.2024
Reports from local Salvadoran press are raising questions about President Bukele’s announcement last week, when he transferred 5,690 BTC to a cold wallet, stating that all of these belonged to the country. Moises Alvarado, a Salvadoran journalist, found that 80% of the funds in this wallet...
Argentina Regulator Outlines Plans to Police Crypto Exchanges
20.3.2024
The top Argentinian financial regulator says it plans to “supervise” the Latin American nation’s crypto service providers.
The post Argentina Regulator Outlines Plans to Police Crypto Exchanges appeared first on Cryptonews
Blackrock Aims to Launch Tokenized Investment Fund, Seeks SEC Nod for ‘BUIDL’ Fund on Ethereum
20.3.2024
The globe’s most substantial asset manager by assets under management, Blackrock, has submitted a form to the U.S. Securities and Exchange Commission (SEC) for the initiation of a tokenized investment fund. Additionally, the community has unearthed the development of a token named...
Top Crypto Gainers Today on DEXScreener – BYTE, VPS, TGPU
19.3.2024
With blue-chip crypto prices under pressure on Tuesday, as pre-halving profit-taking following Bitcoin’s recent all-time highs and pessimism regarding the falling likelihood of spot Ether ETFs getting approval before the summer weigh on the market, traders looking to turn a quick profit...
Ethereum Price Prediction With Ether ETFs Unlikely to Gain Approval in May – Where Next for ETH?
19.3.2024
The Ethereum (ETH) price is consolidating either side of the $3,300 level, down roughly 6.5% on the day as investors take profit following the crypto’s recent run higher, and amid chatter that Ether ETFs are unlikely to gain approval in May.
The post Ethereum Price Prediction With Ether ETFs...
Paradigm Supports Coinbase’s Case Against the SEC, Files Amicus Curiae Brief
19.3.2024
Paradigm has filed an amicus curiae brief supporting Coinbase in its legal battle against the SEC. The crypto investment firm argues that the SEC's refusal to provide clear regulatory guidance for digital assets is hindering compliance efforts and pushing businesses overseas. Coinbase's case...
Luxor and Bitnomial Roll out Hashrate Futures for US Market Ahead of Bitcoin Halving
19.3.2024
Luxor Technology Corporation, a blockchain infrastructure service provider, has unveiled plans to introduce exchange-traded hashrate futures for institutional investors in the U.S. Through a collaboration with derivatives exchange Bitnomial, this new futures product is slated to be accessible...
UK FCA Plans to Implement Market Abuse Regime for Crypto in 2024
19.3.2024
The Financial Conduct Authority (FCA) of the United Kingdom has announced its intention to introduce a market abuse regime for cryptocurrencies by the end of the year.
The post UK FCA Plans to Implement Market Abuse Regime for Crypto in 2024 appeared first on Cryptonews
Wu-Tang’s Ghostface Killah to Release Exclusive Music Collection on Bitcoin Blockchain
19.3.2024
This week, the popular American rapper and Wu-Tang Clan member, Ghostface Killah, declared his intention to release exclusive tracks on the Bitcoin blockchain. The influential hip-hop artist mentioned that this issuance will encompass a 10,000-piece collection, granting owners the rights to...
Genesis Agrees to Pay $21M Fine to Settle SEC Crypto Lending Charges
19.3.2024
Bankrupt cryptocurrency lender Genesis Global Capital has agreed to pay a $21 million fine as part of a final court judgement to settle charges with the U.S. Securities and Exchange Commission (SEC). In an official ruling released on March 19, the SEC highlighted the reason for the penalty...
New Crypto to Watch: VR Project 5thScape Raises Over $1.5M
19.3.2024
A new player has burst onto the crypto scene, and investors and gamers alike are taking notice. 5thScape (5SCAPE), a groundbreaking project that aims to blur the lines between reality and virtual reality (VR) gaming, has already raised over $1.5 million during its presale phase. 5thScape Aims...
SEC Requests $158 Million Increase to Tackle Crypto Market Challenges in 2025 Budget Proposal
19.3.2024
The U.S. Securities and Exchange Commission is seeking an additional $158 million for its 2025 budget to address the growing complexities in financial markets, particularly the challenges stemming from the crypto sector.
The post SEC Requests $158 Million Increase to Tackle Crypto Market...
Solana Announces Recommendations and Measures to Deal With Network Congestion
19.3.2024
The Solana Foundation has announced several recommendations that developers should follow to cope with the high usage that the network is currently experiencing. The foundation recommended implementing priority fees, and a series of optimizations to avoid dropping transactions. Also, an improved...
Best Crypto to Buy Today March 19 –Fantom, Celestia, Stacks
19.3.2024
As Bitcoin (BTC) stages a rebound from the earlier session’s multi-week lows in the $62,000s, investors are hunting for the best crypto to buy today to take advantage of the market’s most recent dip.
The post Best Crypto to Buy Today March 19 –Fantom, Celestia, Stacks appeared first on Cryptonews
GBTC Experiences Its Largest Daily Drain Yet, Nearly 239,000 BTC Gone in Under 70 Days
19.3.2024
According to the latest statistics, Grayscale’s Bitcoin Trust (GBTC) experienced its most significant outflow on March 18, 2024, totaling $643 million. Onchain experts have closely observed GBTC’s activities as a considerable number of bitcoin have been moved out of the trust’s...
Polygon Labs Paid $4M to Host Starbucks' Failed Foray Into Crypto: Sources
19.3.2024
Polygon once hailed Starbucks
Velar Launches Dharma AMM to Propel Bitcoin Into the Decentralized Finance Spotlight
19.3.2024
On Tuesday, the bitcoin liquidity protocol Velar unveiled Dharma, an automated market maker (AMM) designed to enhance decentralized finance liquidity within the Bitcoin realm. The inaugural version of Velar’s Dharma is set to function on the Bitcoin layer two (L2) Stacks, featuring an initial...