Monthly archives: September 2023

Commissioner Caroline Pham called for the pilot program to kick off with a stakeholder roundtable and for the CFTC to propose and adopt rules on the risks retail investors face. News Join us on social networks Caroline Pham, a commissioner with the United States Commodity Futures Trading Commission (CFTC), has suggested a limited pilot program …

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JPMorgan is reportedly developing the infrastructure to run a new deposit token, allowing settlements between banks for corporate clients. News Join us on social networks Financial giant JPMorgan is making another move into the crypto space with a new blockchain-based solution for cross-border transactions, reveals a report by Bloomberg. The system, however, won’t be available …

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The crypto-focused subsidiary of investing giant Fidelity Investments says Ethereum (ETH) is currently trading at a discount. In a new report titled ‘Ethereum Investment Thesis’, Fidelity Digital Assets says that at the current Ethereum supply of around 120 million and annualized network fees of over $6.8 billion, the modeled price of ETH when a discounted …

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A widely followed crypto analyst is breaking down king crypto Bitcoin (BTC), which is down 5% in the last seven days. Pseudonymous crypto trader Rekt Capital tells his 351,100 followers on the social media platform X that the price zone of $26,000 is acting as a resistance for BTC. “BTC is showing initial signs of ~$26,000 acting …

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A crypto wallet with over 22.66 million app downloads is introducing a new feature that allows users to cash out their funds. In a statement, MetaMask says the newly rolled out “sell” feature allows users to convert their Ethereum (ETH) into the US dollar, euro or British pound, depending on their location, by directly sending …

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The former co-chief executive of bankrupt crypto exchange FTX is reportedly pleading guilty to criminal charges stemming from the firm’s high-profile collapse. In a new report, anonymous sources familiar with the matter tell Bloomberg that former FTX executive Ryan Salame is planning on pleading guilty to charges of fraud relating to the downfall of the …

Continue reading “Sam Bankman-Fried’s Former FTX Co-CEO To Plead Guilty to Criminal Crypto Charges: Report”