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JPMorgan CEO Jamie Dimon Urges Against Challenging US Dollar’s Reserve Currency Status

8.6.2023
JPMorgan Chase CEO Jamie Dimon has urged against challenging the U.S. dollar’s reserve currency status amid the ongoing de-dollarization trend globally. “The United States is the fundamental foundation of the global economy. The U.S. dollar is the fundamental reserve currency,” Dimon said...

SEC Summons Binance CEO CZ as Lawsuits Shake Cryptocurrency Industry

8.6.2023
The United States District Court in Washington, D.C., at the request of the Securities and Exchange Commission (SEC), summoned Binance CEO Changpeng Zhao (CZ) on Wednesday. Binance CEO CZ Challenged by SEC Summons as Legal Battles Escalate On Wednesday, several social media accounts shared...

Intuit introduces proprietary large language models for fintech with GenOS

7.6.2023
Intuit is launching an operating system for generative artificial intelligence that will feature AI models trained on the company’s financial data

Binance.US halts trading for dozens of USDT, BTC, BUSD pairs amid SEC lawsuit

7.6.2023
Binance’s arm in the United States suspended its OTC trading platform and reduced the number of supported convert trading pairs

ARK Invest buys Coinbase shares the same day SEC serves lawsuit

7.6.2023
ARK Invest bought over 400,000 shares of Coinbase stock totaling more than $21 million on the day the SEC served the exchange with a lawsuit

SEC lawsuit claims Binance.US, Changpeng Zhao put customer funds ‘at significant risk’

7.6.2023
One of the latest SEC filings in its lawsuit against Binance says billions in customer funds are at the “mercy” of Binance CEO Changpeng Zhao

Sequoia Capital announces three-way split to separate China business

6.6.2023
One of the world’s largest venture capital firms, Sequoia Capital, will split into U.S./Europe, India/SEA, and Chinese branches

Biggest Movers: DOGE, SOL Big Losers Following Binance, Coinbase Lawsuits

6.6.2023
Dogecoin was one of the biggest losers in crypto markets on Tuesday, as markets continued to react to the United States Securities and Exchange Commission (SEC) suing Binance and Coinbase. The global cryptocurrency market lost nearly 4% of its value in today’s session. Solana was another notable...

US Congressmen blame crypto firms for 'tax gap' in letter to Treasury

6.6.2023
In a letter addressed to Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel, Congressmen Sherman and Lynch raised concerns about the tax compliance practices in crypto

Binance lawsuit: 61 cryptocurrencies are now seen as securities by the SEC

6.6.2023
With its latest suit against Binance, the U.S. SEC has now labeled at least 61 cryptocurrencies as securities, affecting $100 billion worth of tokens on the market

Bitcoin, Ethereum Technical Analysis: BTC, ETH Start the Week Lower, as Market Volatility Remains High

5.6.2023
Cryptocurrency markets consolidated to start the week, with bitcoin trading below the $27,000 mark during today’s session. Volatility has been significantly higher in the past few days, as the unemployment rate in the United States surged to a multi-month high. Bitcoin Bitcoin (BTC)...

Blackrock CEO Larry Fink Says US Is Jeopardizing Dollar’s Reserve Currency Status

5.6.2023
The CEO of the world’s largest asset manager, Blackrock, has warned that the United States is jeopardizing the U.S. dollar’s reserve currency status. He noted that the debt ceiling debate, risk of national default, and possible credit rating downgrades are “destabilizing” factors...

Dollar-Based Stablecoins to Strengthen Greenback, CZ Says, Thinks DeSantis ‘Is Great’

4.6.2023
The regulatory environment in the U.S. doesn’t look good for crypto but the United States has the potential to lead again, according to Binance CEO Changpeng Zhao (CZ). The founder of the world’s largest digital asset exchange is convinced stablecoins can increase use cases for the U.S. dollar...

Pro-XRP attorney's phone hacked to promote LAW token

4.6.2023
Deaton alerts followers via daughter's account and urges reporting the hack as the XRP community responds, spreading awareness

Bitcoin, Ethereum Technical Analysis: BTC Consolidates on Saturday, Despite Recent Bullish Signals

3.6.2023
Bitcoin started the weekend in the red, as markets continued to digest the latest nonfarm payrolls in the United States. Despite payrolls coming in better than expected, the unemployment rate also rose, hitting 3.7%, which is its highest point since last October. Bitcoin Bitcoin (BTC) was mostly...

Cuban President: Ditching US Dollar Frees Countries From Sanctions and Aggression

3.6.2023
Cuba’s president, Miguel Diaz-Canel, says the U.S. dollar’s global reserve currency status enables the United States to pursue an “aggressive hegemonistic policy of building walls, imposing punitive sanctions, blackmail, aggression, and slander.” He added that the BRICS economic bloc...