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Continue reading “Further interest hikes anticipated going into late summer”
Eight giants in the legacy financial system have agreed to pay a $68 million settlement after facing nearly a decade of litigation over a price-fixing scandal. Bank of America, Barclays Capital Inc., BMO Financial Corp., William Blair & Co. LLC, Citigroup Inc., Fifth Third Bancorp, JPMorgan Chase & Co. and Morgan Stanley were all accused …
A widely followed crypto trader is disclosing which altcoin he has the shortest position on as the digital asset markets pause. Pseudonymous trader and crypto bear Capo tells his 66,325 Telegram subscribers that his biggest short position is with Binance Coin (BNB). “HTF (high time frame) and LTF (low time frame) charts. Very bearish PA …
Continue reading “Crypto Bear Reveals Biggest Altcoin Short Position As the Markets Take a Breather”
Update – The Burn Kenny presale raised over $300k within two hours of going live and may sell out soon. Its Uniswap listing is scheduled […] Go to Source
The UK government rejected a House of Commons Treasury Committee proposal to regulate crypto trading in the way it does gambling rather than as a […] Go to Source
Securities and Exchange Commission (SEC) Chair Gary Gensler said the cryptocurrency industry is the ”wild west” and requested an additional $109 million in funding to […] Go to Source
Pressure on Securities and Exchange Commission Chair Gary Gensler to rethink his approach to crypto regulation intensified Wednesday when two prominent Republicans became the latest […] Go to Source
On-chain data on July 19 shows that as much as 2 million XRP, the native currency of the XRP Ledger, were changing hands every minute on top cryptocurrency exchanges, including KuCoin and Poloniex. In a screen grab shared on Twitter, on-chain data reveals that more XRP was being traded in bulk, driving trading volumes higher across the …
Continue reading “Over 2 Million XRP Traded Every Minute, Path To Second Place After Bitcoin?”
Through the bear market, Arbitrum (ARB) has been one of the tokens that have managed to hold on to a significant amount of its all-time high value. Along these same lines, the digital asset is one of the few tokens currently flashing a green bullish flag, and accumulation has ramped up as a result of …
Continue reading “Bullish Signal: Whales Accumulate Massive Amounts Of ARB”
Crypto analyst Adam Cochran recently caused a stir in the cryptocurrency community when he called attention to a series of TrueUSD (TUSD) transactions made by Tron founder Justin Sun. Cochran highlighted a series of transactions made by Sun’s address on the Tron blockchain, including minting $62 million worth of TUSD, withdrawing $50 million in USDT …
The United States Securities and Exchange Commission (SEC) has allegedly held up assistance needed in a congressional bill to regulate the crypto markets. This has been considered a potential hurdle if the bill is to pass in Congress. Through multiple sources, the Block found that the SEC has yet to provide sufficient technical assistance for …
Continue reading “SEC Allegedly Delays Assistance For US Crypto Market Bill”
Digital asset management platform Blofin has released a report that explores the changing narrative of the cryptocurrency market, focusing on the diverging correlation between Bitcoin (BTC) and Ethereum (ETH). The report suggests that BTC is becoming an increasingly prominent macro underlying asset, approaching the status of traditional assets such as foreign exchange and precious metals, …
Former FTX and Alameda Research executives Sam Bankman-Fried, Caroline Ellison, Gary Wang and Nishad Singh were named in the suit from FTX. News Join us on social networks FTX has sued former CEO Sam Bankman-Fried and other former key executives from the now-bankrupt crypto exchange to recover more than $1 billion in allegedly misappropriated funds. …
Continue reading “FTX sues Sam Bankman-Fried and other former execs to claw back $1B”
Popular dog-themed meme asset Dogecoin (DOGE) is seeing a bump in price after billionaire Elon Musk shared a Scooby-Doo meme. On Wednesday, the business magnate posted a meme of Scooby-Doo that compared the popular cartoon character to various famous historical philosophers with the caption “Doges for the win.” The business magnate’s post sent DOGE flying …
The House Agriculture and Financial Services Committees have been working together all year on a bill to rival Lummis and Gillibrand’s RFIA. News Join us on social networks A bill to create a regulatory framework for digital assets has been introduced by Republican members of the Agriculture and Financial Services Committees of the United States …
Continue reading “US House Republican committees introduce joint digital assets bill”
