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SEC Crypto Crackdown Adds Urgency for U.S. Lawmakers to Produce Regulatory Framework This Year: JPMorgan
12.6.2023
Without a more solid legal framework, cryptocurrency activity will probably continue moving outside the U.S. and into decentralized entities, the report said
Cardano's worst week since May 2021 is over — Will ADA price rebound 40%?
12.6.2023
The price of Cardano lost 30% over the past week as it gets delisted from popular trading platforms such as Robinhood following the U.S. SEC intervention
Winklevoss Twins Predict 'War on Crypto' Will Harm Democratic Party
12.6.2023
Crypto billionaire Cameron Winklevoss has warned that the ongoing war against crypto by Senator Elizabeth Warren and SEC Chain Gary Gensler would harm the Democratic party.
"Senator Warren and Gary Gensler’s war on crypto is going to alienate an entire generation of would-be Democrats," the crypto...
Reddit crypto community goes offline: Here’s why
12.6.2023
Reddit communities unanimously decided to go private or in read-only modes between June 12 – June 14, protesting against the upcoming change that would prevent users from freely accessing APIs and tools
Iran and Russia Talk Crypto Cooperation, Unveil Tool Streamlining Trade in National Currencies
12.6.2023
Experts and business representatives from Iran and Russia have discussed the potential uses of cryptocurrencies and blockchain. The two countries are also collaborating on implementing new financial instruments facilitating bilateral trade in their national fiats. Financial Expo Brings Together...
Democrats ‘war on crypto’ will lose its key voters: Winklevoss twins
12.6.2023
Young people have been shown to be the biggest crypto adopters that also largely voted for the Democrats in the last election
a16z opening London crypto office citing 'predictable' environment
12.6.2023
The expansion came following a “productive dialogue” with the U.K. Prime Minister and “months of constructive conversations” with UK policymakers, a16z’s general partner said
Former SEC Official Predicts Impending DOJ Indictment Against Binance
12.6.2023
Former Securities and Exchange Commission (SEC) official John Reed Stark said on Sunday via Twitter that he believes the U.S. Department of Justice (DOJ) has filed or will file a criminal indictment related to Binance. Stark, who draws from his experience in the SEC Enforcement Division, pointed...
Turks Turn to Tether Amid Record Inflation, Limited Access to Dollar, Report Reveals
12.6.2023
People in Turkey have been seeking refuge in stablecoins as their national fiat continues to depreciate against the greenback. The Turkish lira saw a record drop in its exchange rate with the U.S. dollar when the country’s central bank halted intervention after the recent presidential vote....
ALGO, FLOW rebound from all-time lows, others rebuff SEC securities label
12.6.2023
The SEC’s tagging of cryptocurrencies as securities has greatly affected the crypto market causing Algorand and Flow to hit historic lows on June 10
Russian and Iranian Crypto Sectors in Cooperation Talks
12.6.2023
Russian and Iranian crypto and fintech industry group leaders have discussed ways the nations could use tokens to evade sanctions and facilitate trade.
The talks were held at a summit in Tehran named the International Exhibition of Financial Industries.
A panel discussion on crypto adoption...
If Microstrategy Chose ETH Over BTC, the Firm Would Be up 54% and Ahead by More Than $2B, Data Reveals
12.6.2023
At 1:19 p.m. Eastern Time on Sunday, June 11, 2023, Microstrategy, a publicly-listed company, had 140,000 bitcoin (BTC) on its balance sheet. Despite this impressive figure, a data analyst at blockchaincenter.net compiled metrics that reveal the company’s investment has decreased in value...
Former SEC Chairman Jay Clayton on Enforcement Actions: Crypto Should Be Treated With ‘Nuance’
11.6.2023
Jay Clayton, former U.S. Securities and Exchange Commission (SEC) chairman, gave his opinion about how the organization approaches enforcement in the crypto space. In a Bloomberg Invest panel, Clayton stated that while he supports the agency and the law, the crypto regulation issue should...
Cardano Price Prediction as Founder Charles Hoskinson Appears to Settle Differences with XRP Community Amid SEC Crypto Crackdown – Has ADA Bottomed Already?
11.6.2023
In the midst of the SEC's crypto crackdown and the growing uncertainty in the cryptocurrency market, Cardano has caught the attention of investors.
Founder Charles Hoskinson's recent efforts to bridge the gap with the XRP community have sparked discussions about the future of Cardano (ADA). ...
Crypto.com Confirms Arena Name Won't Change Despite Institutional Exchange Shutdown
11.6.2023
The Las Angeles-based sports and entertainment arena, Crypto.com Arena, will be keeping its name despite the cryptocurrency exchange’s decision to shut down its institutional exchanges in the United States.
On 9 June, Crypto.com unveiled plans that it will be stopping its institutional exchange...
Bitcoin Price Prediction as the Crypto Markets See Huge Selling Volume Coming In – Where is the BTC Bottom?
11.6.2023
Amidst the Crypto Markets' huge selling volume, Bitcoin's position has been questioned.
As investors grapple with significant selling pressure, they seek answers: where is the bottom for Bitcoin?
In this Bitcoin price prediction, we delve into market trends and technical indicators to identify...
Binance, Coinbase, Robinhood: A Week of Crypto Crackdowns and Regulatory Fallout — Week in Review
11.6.2023
Seismic shifts have been occurring in crypto this past week, with the United States Securities and Exchange Commission (SEC) leaning remarkably further into what some call its “regulation by enforcement” approach, as the entity is now suing both Binance and Coinbase for securities...
Altcoins Feel the Heat: Crypto Market Theories Run Wild, While Proponents Seek Guidance
11.6.2023
Amid the recent crackdown on two of the world’s largest crypto exchanges, cryptocurrency enthusiasts have been buzzing with discussions on various theories and investment strategies. While some have opted to sell their holdings in the face of uncertainty, others have taken a different...
U.S. Senator Lummis revamps efforts for crypto regulations amid SEC lawsuits
11.6.2023
The regulatory framework will allow individuals and companies to own and trade digital assets in America
Founders of Collapsed Crypto Fund, Three Arrows Capital, Turn to Bali and Shrooms
11.6.2023
The founders of collapsed cryptocurrency hedge fund, Three Arrows Capital, have been living the high life in Bali after their company's failure last year.
Kyle Davies and Su Zhu, both 36, almost disappeared from public view following the collapse of their fund. However, a new New York Times...