‘Extra Bullish’ On XRP? Crypto Analyst Pinpoints Perfect Timing
In a detailed chart analysis of the XRP/USD trading pair, seasoned crypto analyst Dark Defender has shed light on several significant indicators
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European Union Stablecoin Issuers With Bank Assets Will Get Extra Regulation, Banking Authority Says
“Financial distress at one ART [asset-referenced token] or EMT [e-money token] issuer can materially increase the likelihood of distress at other issuers of crypto-assets or at other financial institutions given the network of contractual obligations in which issuers operate,” said the document, seen by CryptoX, referring to the two categories
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Sam Bankman-Fried Can Contest Extra U.S. DOJ Charges, Bahamas Supreme Court Says
“Leave is granted to the claimant to commence proceedings for judicial review,” Bahamas Supreme Court Judge Loren Klein said on Tuesday. Klein's comments favor Bankman-Fried's bid to contest the position taken by the Bahamas minister and Attorney General. “All of the grounds advanced by the claimants disclose arguable claims with
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Crypto lender BlockFi is granted extra time to file Chapter 11 exit plan
BlockFi, a lender of digital assets, was given additional time to submit a bankruptcy exit plan by a New Jersey bankruptcy judge in the United States on April 19.The cryptocurrency lender filed for bankruptcy in November 2022 and has been reportedly granted a 48-day extension until May 15 to file
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Major Crypto Firms Need Extra Rules, Global Cooperation, Says ECB’s McCaul
McCaul, a member of the ECB arm responsible for overseeing banks, said recent attempts to regulate such as the European Union’s Markets in Crypto Assets regulation (MiCA) wouldn’t fully address the problem of complex international structures, or “ecosystem” companies that claim to have no headquarters. Source
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Argo to Sell Helios Mining Facility to Galaxy Digital, Needs Extra Capital to Avoid Bankruptcy
Troubled crypto miner Argo is set to sell Helios to Galaxy Digital for a much-needed $65 million as insolvency looms.Argo Blockchain has reportedly agreed to sell its Helios mining facility to digital asset and blockchain-centric company Galaxy Digital. Argo will sell the Helios mining plant to Galaxy Digital for $65 million
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SEC’s Gensler Signals Extra Scrutiny for Proof-of-Stake Cryptocurrencies: Report
Securities and Exchange Commission (SEC) Chair Gary Gensler on Thursday said that staked cryptocurrencies may be subject to federal securities regulations, repeating a pro-oversight stance in the wake of Ethereum’s transition to just such a method. Original Source
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Banks Don’t Need Extra Crypto Protections Yet, EU Regulator Says
“The EBA considers it premature to introduce new macroeconomic tools to address the systemic aspects of these risks at this stage,” the EBA said. “The EBA emphasizes the need for monitoring of the crypto-asset sector, in particular identifying old and new mechanisms, vulnerabilities and risks that can make crypto assets
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Fed Speeds Up Stimulus Withdrawal, an Extra Headwind for Bitcoin
According to a statement Wednesday, the Fed will double the pace of tapering its monthly bond purchases, reducing them by $30 billion every month until they’re completely wound down early next year. Under the Fed’s previous plan, it would have withdrawn $15 billion of the stimulus every month to wind
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Get Ready! An Extra Signal Drop and Bonuses Are Coming at StormGain on Black Friday
Black Friday is almost upon us, and the world is preparing to snap up bargains during the year’s biggest shopping holiday. But Black Friday isn’t just a time to save money. At StormGain it’s also a time to make money. StormGain will be running a special Black Friday promotion for the
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