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Crypto miner Hive Digital drops 'blockchain' from name amid pivot to AI
13.7.2023
Hive made the rebrand to reflect its “evolving focus” on revenue opportunities in AI, cloud commuting and GPUs
Bitcoin ETF would be the 'seal of approval' from SEC: Mike Novogratz
13.7.2023
The Galaxy Digital founder believes approval of a spot Bitcoin ETF would essentially be a United States regulator and government nod for Bitcoin
US Inflation Hits Two-Year Low, Boosting Stocks and Precious Metals
13.7.2023
On Wednesday, July 12, 2023, the U.S. Bureau of Labor Statistics released the Consumer Price Index report for June, showing a 3% increase in inflation, the lowest level since March 2021. The U.S. inflation rate has fallen for 12 consecutive months, with the index rising 0.2% on a monthly basis....
IRS probes crypto traders using Puerto Rico tax breaks: Report
13.7.2023
“The noose is tightening” for wealthy Americans suspected of exploiting Puerto Rico’s relaxed tax regime
US Senators reintroduce crypto bill aimed at comprehensive regulation
12.7.2023
The Responsible Financial Innovation Act will establish guardrails "to prevent another FTX-style event from occurring" in the wake of the 2022 market crash and many bankruptcies
The inevitable crypto shakedown begins: Why is DigiToads super resilient?
12.7.2023
There has been a lot of talk about crypto shakedown over the past few months. The chatter about a possible shakeout has also made many crypto users tizzy and impacted the prospects of many tokens. However, there is one crypto project that has managed to soldier amidst the frenzy and even clocked...
PwC hedge fund survey finds crypto remains viable despite recent market turmoil
12.7.2023
The portion of traditional hedge funds investing in crypto fell, but many of those still in the market plan to increase crypto investing this year
FTT Price Pumps, Dumps as FTX Claims Portal Opens, Then Becomes Unavailable
12.7.2023
FTT saw a massive 26% pump from the $1.40s to the $1.80 area on Tuesday in a matter of minutes, before pulling back under $1.60 on Wednesday.
FTT is the utility token of the now defunct cryptocurrency exchange FTX that is currently going through a lengthy, arduous bankruptcy process in wake of...
Whales enter the arena as $10B floods in crypto – Cardano, Polygon, & InQubeta hint at bullish momentum
12.7.2023
The cryptocurrency market has recently witnessed a massive influx of capital, with an astonishing $10 billion pouring into the space. This surge in investment activity has attracted the attention of crypto enthusiasts and investors worldwide. As the market continues to evolve, certain...
Crypto Investment Firm Paradigm Challenges SEC's Jurisdiction in Bittrex Lawsuit
12.7.2023
Prominent crypto investment firm Paradigm has challenged the US Securities and Exchange Commission's authority to regulate secondary markets for crypto assets.
The company has filed an amicus brief in the SEC's case against cryptocurrency exchange Bittrex, challenging the regulator's attempt...
European regulator releases consultative paper on MiCA standards for crypto asset service providers
12.7.2023
The European Securities and Markets Authority will release three consultations as it fulfills its mandate under MiCA regulations
Top Stablecoins See Steady Decline Over Past Month as Dollar-Pegged Token Economy Shrinks
12.7.2023
The top stablecoins have continued to see redemptions over the past 30 days as the dollar-pegged crypto economy currently hovers at $127.32 billion on July 12. The stablecoin BUSD’s supply has dropped below the 4 billion mark as the token’s number of coins in circulation has fallen...
Best Crypto to Buy Now 12 July – Conflux, SingularityNET, Fetch.ai
12.7.2023
Despite softer-than-expected US headline and core inflation numbers for June, which weighed heavily on the US dollar and US yields whilst also pushing up US equity markets as Fed tightening bets ease, crypto markets have failed to rally.
Bitcoin (BTC) was last near $30,500 and ether (ETH) was last...
Here's How This PEPE Price Trade Made a Crypto Millionaire
12.7.2023
Pepe Coin, the Pepe the Frog-themed meme coin that exploded back in April, made near instant millionaires.
What was so amazing it that many millionaires were created despite only putting very small initial investments into the $PEPE token.
For example, a Twitter user going by the name of lyx.eth...
Elon Musk's New ChatGPT Competitor Boosts AI-Related Crypto Tokens
12.7.2023
Tokens such as AGIX and FET saw modest bump after Musk announced new Artificial Intelligence (AI) company "xAI" to take on ChatGPT
Former CFTC Chair: Crypto Regulations Must Not Wait for Litigation, Standards Needed Today
12.7.2023
A crackdown on the crypto industry in the US should not wait for litigation in courts to conclude, but instead move forward with temporary restraints while the courts do their work, a former regulator has said.
Speaking with CNBC on Monday, Timothy Massad, former chairman of the Commodity Futures...
Mr Hankey Meme Coin Goes Viral as South Park-Related Tokens Take Off – Here's How to Buy Early
12.7.2023
A brand-new meme coin themed on South Park’s Mr Hankey, a sentient, jolly piece of feces and the cartoon’s former Christmas deity, has been going viral in the last few days.
Mr Hankey Coin, which is proudly marketing itself as the crypto industry’s best shitcoin, is launching a stealth presale...
Singapore's Investment Conglomerate Temasek Drops Crypto Investment Plans Citing Regulatory Uncertainties
12.7.2023
Singaporean investment conglomerate Temasek has decided to drop its plans to invest in crypto exchanges, due to regulatory uncertainties.
In an interview with CNBC, Temasek’s Chief Investment Officer Rohit Sipahimalani revealed the bitter experience of writing down its entire $275 million...
Can Crypto Match the Internet and Hit 5B Users?
12.7.2023
While early growth in both spaces has been eerily similar, don’t get too excited about crypto’s future
Crypto Analysts Can Learn Something From Baseball
12.7.2023
Searching for crypto’s future stars among young prospects