US senator revamps efforts for crypto regulations amid SEC lawsuits

The regulatory framework will allow individuals and companies to own and trade digital assets in the United States. News Join us on social networks United States Senator Cynthia Lummis has said her efforts to push for a positive crypto regulatory framework are still in motion, with the rapid evolution and increasing adoption of cryptocurrencies adding to …

Mysterious Bitcoin Whale Moves Over $36,000,000 in BTC After Sitting Dormant for 10 Years: On-Chain Data

A mysterious Bitcoin (BTC) whale is on the move, abruptly relocating tens of millions of dollars worth of the crypto king after holding the trove for over a decade. Citing new on-chain data, CryptoQuant CEO Ki Young Ju says that the previously dormant 1,400 BTC worth over $36 million was sent to a Pay-to-Taproot (P2TR) …

Hong Kong legislator invites Coinbase to the region despite SEC scrutiny

Hong Kong fosters a favorable environment for industry growth with its proactive regulation and dedication to becoming a digital hub. News Join us on social networks Touting its progressive stance on cryptocurrencies, a Hong Kong legislator has invited Coinbase and other crypto exchanges to establish operations in the region. Legislative Council member Johnny Ng took …

The US will find the ‘right outcome’ for crypto, eventually — Coinbase CEO

In an interview, Coinbase CEO Brian Armstrong explained that crypto entrepreneurs would only return to the U.S. when the government finds the “right outcome” for regulations. News Join us on social networks Brian Armstrong, the CEO of cryptocurrency exchange Coinbase, emphasized that regulating crypto isn’t “rocket science” and is confident that the United States will …

China Declares Support for Massive BRICS Expansion As Countries Push to Challenge US Dollar

China says it’s fully backing a major expansion of the global economic alliance known as BRICS. The country is ready to “bring more like-minded partners” into BRICS, which currently consists of Brazil, Russia, India, China, and South Africa, says Chinese foreign ministry spokesperson Mao Ning. The state-backed outlet China Daily says Ning made the statement …

FTX authorized to ‘permanently redact’ names of individual customers: Report

The names of FTX’s individual customers will not be revealed to the public in an effort to protect them from potential scams and identity theft. News Join us on social networks Bankrupt cryptocurrency exchange FTX has reportedly been granted permission to permanently remove individual customers from all court filings, while the names of companies and …

US Government Debt To Surpass $51,990,000,000,000 by 2033 As Current Consumer Debt Shatters $17,000,000,000,000: Statista

US government debt is projected to skyrocket over the next decade as consumers cross an all-time high in debt accumulation. Citing data from the New York Fed’s quarterly report on household debt and credit, business data provider Statista says that the total household debt skyrocketed to a historic high of $17.05 trillion in Q1 of …

Trader Predicts Ethereum-Based Altcoin Will Plummet by Over 50%, Updates Outlook on Binance Coin and Chainlink

A closely followed crypto strategist says that an Ethereum (ETH)-based altcoin is flashing signs of bullish exhaustion as he details his forecast for Binance Coin (BNB) and Chainlink (LINK). Pseudonymous trader Altcoin Sherpa tells his 195,900 Twitter followers that the recent uptrend of the blockchain-based rendering protocol Render (RNDR) appears to be over for now. …

Ethereum’s Vitalik Buterin, Polygon’s Sandeep Nailwal Donate $100 Million To COVID-19 Research

Vitalik Buterin, co-founder of Ethereum, and Sandeep Nailwal, co-founder of Polygon, have pledged $100 million to help accelerate COVID-19 research and relief efforts in India.  With COVID-19 variants continuing to emerge and spread, and with a very high number of people experiencing long-term symptoms speeding up, research efforts are critical. How The Donation Will Be …

Terra Classic (LUNC) Analysis: Is The $0.00012 Target Within Reach?

During the past seven days, the price of LUNC, the cryptocurrency of Terra Classic, has displayed a back-and-forth movement characterized by alternating green and red candles. This pattern suggests a lack of dominance from buyers or sellers, indicating uncertainty in the market regarding the direction of the trend.  Related Reading: Bitcoin (BTC) Lower Timeframe Outlook: …

SUI Price Plummets By 38% In 7 Days – Will It Recover Anytime Soon?

The price of SUI has experienced a significant decline in the past week, dropping by 38.13%. In the last 24 hours alone, the price has fallen by 21.51%. However, there is a glimmer of hope as the price slightly increased by 1.53% in the past hour. Currently priced at $0.58 per SUI, the token is …

Optimism Bedrock Upgrade: Transaction Fee Savings Hit $150,000 And Counting

The Optimism Bedrock marks a significant milestone in the network’s evolution. This groundbreaking upgrade, successfully launched on June 7, ushers in a plethora of major advancements, most notably an impressive reduction in network costs. By implementing a so-called optimized batch compression and leveraging Ethereum as a data availability layer, the Bedrock upgrade has achieved a …

Bleak Dogecoin (DOGE) Social Sentiment Raises Questions About Price Reversal

Dogecoin (DOGE) has recently found itself at the center of a storm caused by the US Securities and Exchange Commission’s (SEC) lawsuit against major exchanges Binance and Coinbase. As media outlets spread fear, uncertainty, and doubt regarding the legal proceedings, the market capitalization of this meme coin has experienced a significant drop. However, despite the …

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