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EU Commission’s Digital Euro Bill Back on Track for June 28, Lead Official Says
20.6.2023
The European Commission is back on track to publish legislation on a digital euro on June 28, after the controversial topic was previously removed from the executive’s agenda, the bloc’s lead financial services official said on Tuesday
Wall Street giants back EDX Markets, a new cryptocurrency exchange
20.6.2023
EDX Markets is backed by large financial institutions such as Citadel Securities, Fidelity Investments, and Charles Schwab
First Mover Asia: Bitcoin Slips Back to $26.3K in Weekend Trading as Investors Weigh Potential Interest Rate Decisions
19.6.2023
The largest crypto by market cap benefited from last week's pause in interest rate hikes, but a market analyst suggests that cuts may be necessary for prices to rise significantly in the future. ALSO: Indonesia updates its list of digital assets approved for trading in the country
Bitcoin, Ethereum Technical Analysis: BTC Nears $27,000, as Bulls Make a Comeback
17.6.2023
Bitcoin bounced back strongly to start the weekend, as prices moved closer to the $27,000 mark in today’s session. After a recent spell of consolidation, bulls returned to action, buying the recent dip in the process. Ethereum was also higher, closing in on $1,800 on Saturday. Bitcoin...
Binance, SEC Strike Deal to Move All U.S. Customer Funds, Wallet Keys Back Onshore
17.6.2023
Binance, Binance.US and the Securities and Exchange Commission (SEC) announced a deal to ensure that only Binance.US employees could access customer funds late Friday
Bitcoin, Ethereum Technical Analysis: BTC, ETH Rebound on Friday, as Markets Digest US Retail Sales Data
16.6.2023
Bitcoin rose back above $25,000 on Friday, as markets continued to digest recent U.S. economic data. Yesterday saw retail sales climb higher than expected, rising by 0.3% in May, better than a projected decline of 0.1%. Ethereum moved closer to the $1,700 level. Bitcoin Bitcoin bulls made a brief...
Reports Indicate Venezuela Is Preparing to Liquidate the Petro
16.6.2023
According to reports, the government of Venezuela could be winding down the operations of the petro cryptocurrency. The decision comes after Sunacrip, the Venezuelan cryptocurrency watchdog, was set back by the alleged participation of its former head Joselit Ramirez in a potential $20 billion...
House Financial Services Republicans Blast SEC’s Proposed Rule, State Gensler Is Pushing ‘His Own Personal Views Regarding Digital Assets’
15.6.2023
Republicans of the House Financial Services Committee have criticized U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, stating he is using Rule 3b-16 amendments to impose his views on cryptocurrency assets. In a letter sent to the SEC, republicans push back against the new proposed...
Biggest Movers: XRP 9% Lower, as Price Falls From 10-Week High
14.6.2023
XRP plunged by over 9% on Wednesday, as traders moved to secure profits following a recent ten-week high. This decline comes as overall market sentiment remains bearish, following last week’s actions by the U.S. Securities and Exchange Commission (SEC). Cardano was also back in the...
Terra Luna Classic as LUNC Bounces Back From SEC Lawsuit Crypto Slump – Where is LUNC Heading Now?
14.6.2023
The Terra Luna Classic price has fallen by 2% in the past 24 hours, although its drop to $0.00009607 today represents a 13% gain in the past fortnight, as the altcoin compensates for some of the losses caused by the SEC's recent legal actions....
Read More: Terra Luna Classic as LUNC Bounces Back...
Binance CEO Hits Back at Rumors of Exchange Selling Bitcoin For BNB Coin
14.6.2023
Crypto traders on Twitter are citing data that suggests bitcoin has been traded to keep BNB afloat
An In-Depth Look at Binance’s TRO Opposition, Filing Insists SEC Manufactured an Emergency ‘for Its Own Purposes’
14.6.2023
Binance fired back at the U.S. Securities and Exchange Commission’s temporary restraining order (TRO) request on Monday, assuring the court that “there is no risk” to customer assets. The exchange’s legal team dismissed the notion of an “emergency,”...
Bitcoin Seesaws Back Under $26K After CPI, as Investors Await Fed Rate Hike Decision
13.6.2023
The U.S. central bank now seems increasingly likely to suspend its more than year-long campaign of interest rate hikes. An analyst flags recessionary concerns in a note to CoinDesk
Blockstream CEO Adam Back: Bitcoin's Antifragility Will Prevail Amid Regulatory Pressures
13.6.2023
Despite the US Securities and Exchange Commission (SEC)’s crackdown against the biggest companies in crypto, one Bitcoin diehard isn't breaking a sweat.
Adam Back – CEO of Blockstream and popular cypherpunk – believes the crypto industry will simply adapt and relocate if it can’t find a home...
Biggest Movers: BNB Snaps Losing Streak, Surging Back Above $240
13.6.2023
BNB snapped a four-day losing streak on Tuesday, as traders moved to buy the recent dip in price. The native token of Binance fell to a six-month low to start the week, following recent sentiment surrounding the exchange. XRP also rebounded today, hitting a multi-month high. BNB BNB rebounded from...
Bitcoin, Ethereum Technical Analysis: BTC Above $26,000 Ahead of US Inflation Report
13.6.2023
Bitcoin rose above the $26,000 level on Tuesday, as markets prepared for the latest U.S. inflation figures. Consumer prices for May are expected to fall to 4.1% — double the Federal Reserve’s 2% target. Ethereum remained below $1,800. Bitcoin Ahead of the upcoming inflation report...
Binance Lawyers Push Back Against US SEC Claims That Binance.US Customer Assets Are at Risk
13.6.2023
Attorneys for Binance.US and Binance CEO Changpeng Zhao argued that the US Securities and Exchange Commission’s temporary restraining order to freeze its assets should be denied.
There is no risk to customer assets, the lawyers said on Monday in a court filing ahead of a Tuesday hearing...
SOL, ADA, MATIC Prices Stabilize as Foundations Hit Back on SEC Lawsuit Allegations
12.6.2023
The tokens were up as much as 5% in the past 24 hours even as the broader market remained nominally changed
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $26,000, as Traders Digest SEC’s Crypto Crackdown
10.6.2023
Bitcoin moved below the $26,000 level to start the weekend, as bearish pressure intensified following a week of turbulence. Sentiment in the market once again shifted, as traders liquidated their positions on the back of the U.S. Securities and Exchange Commission’s (SEC) crackdown...
As Traditional Banks Step Back, New Players Fill Gap in Crypto Banking
9.6.2023
With traditional banks becoming more cautious about servicing the cryptocurrency industry, smaller regional banks and alternative payment service providers are stepping up to fill the gap.
In the US, Customers Bancorp, a Pennsylvania-based lender, has become a popular choice, having launched...