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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Cryptos
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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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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Almost $20b in cryptos hit exchanges last week
According to data provided by Glassnode, roughly $19.5 billion of BTC, ETH and USDT was brought to the exchanges, last week. Bitcoin leads the inflow with $9.6 billion while the largest stablecoin was not far away, reaching the $9.5 billion mark. As the crypto markets started to recover from the collapse
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The Banking Crisis Is Not Crypto’s Fault
Crypto might have a banking problem, but banks don’t have a crypto problem. Source
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Cryptos shredded as analysts cut bitcoin price targets, $17k in sight
Crypto investors are bracing for impact as crypto analysts warn that the current market pressure may be far from over, with bitcoin and other major digital assets facing lower price targets. Crypto analyst and Youtuber, Crypto World, describes his visions and expectations for the price of bitcoin in the upcoming days.
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South Dakota governor vetoes bill excluding cryptos from definition of money
South Dakota governor Kristi Noem has formally rejected legislation that would have excluded bitcoin (BTC) and other cryptocurrencies from the definition of money. Bill excluded crypto but classified CBDCs as money The legislation, known as House Bill 1193, was intended to amend provisions of South Dakota’s Uniform Commercial Code to exclude digital
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