Cryptocurrency Analysis and News Portal
The U.S. Securities and Exchange Commission (SEC) may have moved one step closer to achieving significant oversight on stablecoins.According to a Bloomberg article on Monday, which cited people familiar with the matter, a report by the U.S. Treasury Department and other agencies will indicate that the SEC has significant authority
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The price of bitcoin jumped over 8% during the last 24 hours after a number of documents stemming from the U.S. Securities and Exchange Commission’s (SEC) web portal indicated that the Proshares Trust exchange-traded fund (ETF) could be listed as soon as next week. Proshares filed a post-effective amended prospectus
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The Stellar Development Foundation (SDF) has made a fresh bet on the financial services sector. According to a press release, the institution participated in a $145 million series E for Tala. A global technology company working on providing millions of people with access to lend, borrow, and other financial services Tala
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Fast-food giant McDonald's China released a set of 188 nonfungible tokens (NFT) on Oct. 8 to celebrate its 31st anniversary in the Chinese market. Branded as "Big Mac Rubik's Cube," the NFTs will be distributed among employees and consumers as a part of the giveaway. The Big Mac Rubik's Cube NFTs
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Regulators must step up protections for consumers who invest in crypto tokens but also keep in mind that overreach could backfire, the chair of the United Kingdom’s Financial Conduct Authority (FCA) has cautioned.In a new speech written for the Cambridge International Symposium on Economic Crime, Charles Randell, Chair of the
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The professional basketball team owned by the billionaire Mark Cuban, the Dallas Mavericks, announced “Mavs Cryptomania,” which gives Dallasmavs.shop customers a $25 e-gift card if they pay with cryptocurrencies like bitcoin, ethereum, bitcoin cash, and dogecoin. The Mav’s owner has been a big proponent of crypto assets and the Mav’s
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Smart contract platform Avalanche has announced a $180 million liquidity mining incentive program, named Avalanche Rush. The program aims to encourage more applications and tokens to move to Avalanche’s decentralized finance (DeFi) platform, according to the release.It's set to follow a multi-stage deployment starting with the Aave and Curve protocols,
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Bitcoin (BTC) hit 24-hour highs later on Aug. 4 as fresh comments from the United States regulatory sphere boosted flagging price action.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewGensler bullish on Bitcoin's "potential"Data from Cryptox Markets Pro and TradingView confirmed local highs above $39,000 on Bitstamp, with BTC/USD jumping 2% in an
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German authorities have seized a Bitcoin wallet containing 1,700 BTC, valued at approximately $60 million at the current price. However, the wallet owner refuses to cooperate in disclosing the password. The seizure came about after an investigation into covert crypto-malware installations over two years ago. The fraudster at the heart of
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The Wall Street Bets phenomenon recent took a grasp of the crypto market, with an army of retail investors first targeting Dogecoin before setting their sights on XRP XRP saw some slow momentum at first, but rumors regarding a “pump and dump” Telegram chat looking to rocket its price quickly circulated This
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