Crypto’s Decentralized Exchanges Saw Most Volume in 10 Months Amid U.S. Crackdown in March
Trading volume on DEXs rose to $133.1 billion in March, the third straight monthly increase, according to DeFiLlama. Source
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Cryptos
Embrace the Opportunity to Shape Crypto’s Future – Op-Ed Bitcoin News
As Ripple and the U.S. Securities and Exchange Commission (SEC) persist in their legal dispute over XRP’s classification as a security, the consequences for both parties and the wider cryptocurrency market cannot be understated. This case offers a unique opportunity to attain much-needed regulatory clarity, which could ultimately promote growth
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Sen. Warren’s ‘Anti-Crypto Army’ Is Just the Beginning of Crypto’s Politicization
As the 2024 U.S. election cycle approaches don’t be surprised to hear politicians discussing bitcoin, crypto and CBDCs. Original Source
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US crackdown will push crypto’s ‘center of gravity’ to Hong Kong: Kaiko CEO
The U.S. government's frosty approach to cryptocurrency regulation could ultimately see the industry’s “center of gravity” shift to Hong Kong, says Ambre Soubiran, the CEO of Paris-based institutional crypto market data provider Kaiko.The U.S. has been at the forefront of the crypto sector for quite some time, however, with
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Cryptos storm higher in Q1, 2023 despite major headwinds
Cryptocurrency had a great Q1 2023, even with major regulatory enforcement actions in large markets like the U.S. and E.U. Bitcoin rose over 70% from the beginning of the year, and other tokens also saw gains. Bitcoin opened up 2023 at the $16,500 level, and as of March 31, BTC is
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Stablecoins are solution to crypto’s banking problem, exec says
The collapses of banks like Silvergate have certainly impacted cryptocurrency exchanges but there are ways for the industry to survive without the support of banks, one executive believes.Crypto exchanges significantly rely on traditional banking systems for customer deposits, which makes them vulnerable to various banking issues, according to Bitstamp USA
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First Mover Asia: Will CFTC's Action Against Binance Benefit Crypto’s Asia Narrative?
Bitcoin is flat, but ether is up, on potentially favorable comments by the CFTC before Congress. Source
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Crypto’s Unfulfilled Dreams Get a Tailwind From U.S. Crackdown on Binance, Coinbase
“If we learned anything from 2022, particularly with FTX, it’s the fact that custodial relationships, especially in the face of lack of regulation, are very bad,” said Ozdogan. “Too many users have lost assets to bad actors and in turn, the custodial nature of centralized exchanges.In the world of digital
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Crypto’s Tricky Trio Stirs Up Trouble in 2023 – Op-Ed Bitcoin News
2023 is shaping up to be a painful year for the U.S. Securities and Exchange Commission (SEC) as it finds itself entangled in battles with the ever-evolving and innovative cryptocurrency industry. From Ripple to Coinbase and Tron, the SEC faces fierce opposition with potentially huge consequences. The following opinion editorial was
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SEC Sues Jake Paul for ‘Illegally Touting’ Justin Sun-Linked Cryptos
Paul “illegally touted” cryptocurrencies “TRX and/or BTT” without disclosing he was being paid to do so, according to a press release. The YouTuber-turned-boxer is among a cast of celebrities the SEC charged Wednesday with participating in a scheme to illegally promote Sun-tied cryptos. Source
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