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Prometheum Testimony Raises Doubts: Crypto Community Questions Credibility Amid Regulatory Clarity Hearing
15.6.2023
The crypto community is abuzz with discussions on social media about the recent United States House Committee hearing held on June 13, 2023, which delved into regulatory clarity within the crypto industry. Notably, the co-CEO of an obscure cryptocurrency broker named Prometheum expressed support...
Crypto Prices Crash as Investors Get Spooked by US Fed Rate Pause But These Coins are Bucking the Trend – Here's What You Need to Know
15.6.2023
Crypto prices have come under intense sell pressure this week, with investors spooked by the US Federal Reserve’s latest monetary policy announcement.
While the Fed paused its interest rate hikes, leaving the Federal Funds Target Range unchanged at 5.0-5.25%, the bank was hawkish on the interest...
Green crypto projects are resilient even during “Winter”, DigiToads is a gem not to miss out on
15.6.2023
Green crypto projects have proven to be resilient, even during the crypto market’s downtimes, often referred to as “winter”. These projects prioritize sustainability and eco-friendly practices, which contribute to a greener future and help maintain their stability in the face...
HSBC, Standard Chartered, and Bank of China Pressured by Hong Kong to Embrace Crypto Exchanges – Next Crypto Hub?
15.6.2023
Hong Kong’s banking regulator has reportedly exerted pressure on banks including HSBC, Standard Chartered, and Bank of China to engage with crypto clients.
During a meeting last month, the Hong Kong Monetary Authority (HKMA) questioned why the banks had not accepted crypto exchanges as clients...
COTI is Going to Zero After the SEC Deems the Token a Security While This Lesser Known Green Crypto Just Hit $5.1 Million – Time to Buy?
15.6.2023
The $COTI price is fast going to zero in wake of the US Security and Exchange Commission’s (SEC) assessment that the token is a security.
$COTI, which powers the COTI network, was last trading around $0.043, having lost more than 35% of its value since the start of last week.
That’s when the...
While REVIVE Token Pumps Up 500% on DEXTools, Crypto Experts are Accumulating Wall Street Memes as the Next Crypto to Explode – Here's Why
15.6.2023
Revive Token ($REVIVE) has enjoyed an explosive start to life since launching across decentralized exchanges (DEXs) on Wednesday.
$REVIVE, which is based around the joke of crypto degens needing to revive their badly performing crypto portfolios, was last trading around $0.0009, up over 500%...
Former SEC Chair Clayton Says 'Vast Majority' of Crypto Tokens are Securities – Here's What You Need to Know
15.6.2023
Jay Clayton – former chairman of the U.S. Securities and Exchange Commission (SEC) – expressed a view of the crypto market on Wednesday that largely mirrors that of his current successor, Gary Gensler. ...
Read More: Former SEC Chair Clayton Says 'Vast Majority' of Crypto Tokens are Securities...
New York bans CoinEx exchange, seizes $1.7M in crypto assets
15.6.2023
CoinEx was shut down for failing to register as a broker-dealer and for "falsely representing itself as a crypto exchange," the NYAG said
Biggest Movers: MATIC Remains Near 11-Month Low, as Price Plunges by 9%
15.6.2023
Polygon moved closer to an 11-month low on Thursday, as crypto markets continue to react to yesterday’s United States Fed rate decision. The global market cap is trading 4% lower as of writing, as a wave of bears captured sentiment. Litecoin plunged to a three-month low today. Polygon...
Crypto Trading Volumes Drop in Q2 to Yearly Lows
15.6.2023
Bitcoin, the world’s largest cryptocurrency, lost the most market share of trading volume in the second quarter of this year
EU to Consult on Crypto Complaints, Conflict of Interest Rules in July
15.6.2023
The bloc’s securities-market authority ESMA is to fill in the details of the flagship crypto law MiCA
Stablecoin Market Records $2.4B in Redemptions in 30 Days as Leading Tokens Experience Supply Decline
15.6.2023
According to statistics, over the span of 30 days, from May 15 to June 15, 2022, more than 2.4 billion stablecoins were redeemed. During this period, three of the leading stablecoins experienced a decline in their supplies ranging from 4% to 19% compared to the previous month. Stablecoin Economy...
Massive Axie Infinity and Decentraland price slump presents buy opportunity, trade with this AI crypto algo
15.6.2023
Price slumps in crypto circles may imply a declining asset value in ordinary assets but an investment opportunity to get into prominent projects. Such price drops in Axie Infinity and Decentraland have captured the attention of those who believe in the long-term potential of these projects....
Opinion: GOP crypto maxis almost as bad as Dems’ ‘anti-crypto army’
15.6.2023
Fighting between GOP crypto maxis and anti-crypto Dems fails to appreciate blockchain’s importance to the U.S.’ long-term economic interests
SEC Crackdown on Crypto: Harsh Realization or Necessary Clarity?
15.6.2023
The cryptocurrency industry has been under huge pressure since the price of Bitcoin plunged from its all-time high of $69,000 in late 2021.
A string of alleged frauds, financial contagions, and security breaches, along with the collapse of some high-profile trading and lending platforms, has...
Bitcoin-Based Strike Debuts Lightning Network Cross-Border Payments in Mexico – Crypto Adoption on the Rise
15.6.2023
Bitcoin payments firm Strike has extended the reach of its cross-border payments service to Mexico, as the company aims to leverage the country’s expansive remittances market.
As of June 14, 2023, the company has introduced its 'Send Globally' service to the third largest country in Latin America....
Crypto Broker FPG Suspends Services After $15 Million Cyberattack
15.6.2023
Floating Point Group (FPG), a crypto prime brokerage, has suspended all withdrawals, deposits and trading on its platform after suffering from a $15 million cyberattack over the weekend.
The firm said in a Twitter thread on Wednesday that although it had managed to limit the overall impact of...
Hong Kong Welcomes Crypto Exchanges Following SEC Crackdown, Lawmaker Says
15.6.2023
A Hong Kong lawmaker has invited global cryptocurrency exchanges, including the Nasdaq-listed Coinbase, to register in Hong Kong to provide crypto services. “Please feel free to approach me and I am happy to provide any assistance,” the lawmaker noted. Hong Kong Welcomes Crypto Exchanges Hong Kong...
Crypto Exchange Bybit Integrates ChatGPT Into Trading Tools
15.6.2023
Traders will be able to analyze market data with the tool
Crypto Exchange OKX Wins Preparatory License in Dubai, Set to Boost Staff
15.6.2023
Once the so-called MVP license becomes operational, OKX Middle East will offer spot, derivatives, and fiat services, including U.S. dollar and UAE dirham deposits and withdrawals