The regulator quietly dismissed enforcement actions against Kraken, Consensys, and Cumberland on Thursday. SEC Softens Stance, Dismisses Three Prominent Crypto Cases Ohio Republican Senator Bernardo Moreno, on Thursday called former U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, “one of the stupidest people in government.” That same day, the SEC dropped three prominent enforcement …
Continue reading “SEC Drops Three Key Crypto Cases as Regulatory Grip Loosens”
Imprisoned FTX founder Sam Bankman-Fried has been on the move. The former crypto executive was previously incarcerated in Brooklyn’s Metropolitan Detention Center, but Federal Bureau of Prisons (FBOP) data indicates he now resides at FTC Oklahoma City, a transfer center that temporarily houses inmates being transported through the prison system. No reason for Bankman-Fried’s transfer …
The chief executive of financial advisory giant deVere Group says that the adoption of one particular asset class will increase demand for both Bitcoin (BTC) and Ethereum (ETH). In a new video update, deVere Group CEO Nigel Green tells his 115,000 YouTube subscribers that stablecoins, or fiat-pegged digital assets, could save the US economy and …
March 28, 2025 – Dubai, United Arab Emirates Crypto exchange Coincall has officially entered the top five global crypto options exchanges by trading volume, marking a major milestone just 18 months after its founding. The achievement highlights the platform’s rapid growth in a sector that’s increasingly drawing both institutional and retail interest. The surge in …
The U.S. Department of Justice says the financial scheme of a terrorist organization was disrupted after authorities confiscated a substantial amount of the group’s crypto funds. In a statement, the DOJ announces the seizure of $201,400 in USDT held in wallets and accounts set up to support the activities of Hamas, the Palestinian armed group …
The new guidelines come after the FDIC removed the ‘reputational risk’ category from bank exams. The Federal Deposit Insurance Corporation (FDIC) said in a March 28 letter that institutions under its oversight, including banks, can now engage in crypto-related activities without prior approval. The announcement comes as the Commodity Futures Trading Commission (CFTC) announced that …
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Arthur Hayes, Benjamin Delo and Samuel Reed previously pleaded guilty to federal charges related to money laundering. US President Donald Trump reportedly issued pardons to three co-founders of the cryptocurrency exchange BitMEX, who had pleaded guilty to felony charges. According to a March 28 CNBC report, Trump granted pardons to Arthur Hayes, Benjamin Delo and …
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Traders say the ETH futures premium falling to a 1-year low is a buy signal. Are they right? Ether (ETH) price fell 9.3% between March 26 and March 28, testing the $1,860 level for the first time in two weeks. This correction led to over $114 million in liquidations of leveraged ETH futures and caused …
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LY Corporation denied reports that its Line Next blockchain venture had established a business partnership with Sony’s Ethereum layer 2. LY Corporation denied that its Web3 venture, Line Next, had entered into a business partnership with Soneium, a Sony-backed Ethereum layer-2 network. The statement, issued on March 28, followed media reports and social media coverage …
Continue reading “LINE says it’s not in bed with Sony’s Soneium after all”
A bipartisan piece of legislation aimed at combating illegal blockchain activities has been reintroduced to the U.S. House of Representatives. According to a new press release, Republican Representative Zach Nunn of Iowa and Democrat Representative Jim Himes of Connecticut have together reintroduced the Financial Technology Protection Act, a bill that aims to counter illicit digital …
Rich Dad Poor Dad author Robert Kiyosaki says one traditional asset may outperform both Bitcoin (BTC) and gold in the coming months. Kiyosaki tells his 2.7 million followers on the social media platform X that silver, gold and Bitcoin are a hedge against rising inflation and economic uncertainty but that silver will likely outperform the …
A top Wells Fargo analyst says earnings at JPMorgan Chase (JPM) are set to soar as the stars align for America’s biggest bank. In a new interview on CNBC, Mike Mayo, managing director and head of US large-cap bank research at Wells Fargo Securities, says he expects JPMorgan to report higher than expected earnings for …
President Donald Trump’s pick to run the U.S. Securities and Exchange Commission (SEC) says that the lack of regulatory clarity stymies the growth of the crypto industry. During his nomination hearing before the Senate Banking Committee on March 27th, Paul Atkins said that he has witnessed how regulations impact markets and investors. “Since 2017, as …
Bitcoin falls to its range lows as a fresh round of US tariffs spook markets and raise investors’ inflation fears. Bitcoin (BTC) is moving farther away from the crucial $90,000 mark, indicating that buying dries up at higher levels. Market participants seem nervous about the fresh round of US trade tariffs and the renewed inflation …
Continue reading “Price analysis 3/28: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, TON, LINK, AVAX”
Bitcoin lost a key price support today, and one analyst says liquidity conditions forecast another BTC price drop to $72,000. After a positive start to the week, Bitcoin price reverted to negative returns after BTC (BTC) dropped 3.5% to an intraday low of $84,120 on March 28. The price rejection occurred at the cusp of …
Continue reading “Bitcoin price drop to $72K possible due to ‘macro liquidity’ conditions — Analyst”
