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Commodity Futures Trading Commission chair Rostin Behnam is looking to members of Congress to address the Commission’s lack of enforcement authority in the digital asset space.At a Wednesday hearing titled “Examining Digital Assets: Risks, Regulation, and Innovation,” Behnam told lawmakers with the Senate Committee on Agriculture, Nutrition, and Forestry that
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Bitcoin moved little on Sunday after another weekend with light volume, while tokens associated with gaming saw a price bump. Source
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The idea of a digital U.S. dollar had an early behind-the-scenes advocate inside the Trump administration in the president’s son-in-law, newly unearthed documents show.On May 28, 2019, Jared Kushner, special adviser to the president and Ivanka Trump’s husband, emailed Treasury Secretary Steven Mnuchin. The message included a link to a
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Bitcoin pushed past the $42,000 level over the weekend, after last week’s broad market bloodbath, which sent the No. 1 cryptocurrency by market capitalization spiraling toward $40,000 from about $48,000. At the time of publication, ether and most of the altcoins in CoinDesk’s top 20 by market capitalization were up,
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Binance is celebrating the new year with approvals from two different sides of the world.The crypto exchange has been granted an in-principle license by the Central Bank of Bahrain to operate as a crypto asset service provider in the Kingdom of Bahrain. According to the announcement, the in-principle approval a
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(Edited by James Rubin)Good morning. Here’s what’s happening this morning:Market moves: Bitcoin, ether moved little on Monday, as markets expect “very choppy” price moves towards the year end. Terra (LUNA) continued its impressive gains since last week.Technician’s take (Editor’s note): Technician’s Take is taking a hiatus today. In its place,
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(Edited by James Rubin)Good morning. Here’s what’s happening this morning:Market moves: Bitcoin returned above $50,000 after the S&P 500 rose to a near record high.Technician’s take (Editor’s Note): First Mover Asia replaces the usual Technician’s Take today with CryptoX’s annual list of the most influential people in cryptocurrency. This year’s
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Ether, the second most valued cryptocurrency, also rose over the past 24 hours. However, the transaction fees on the Ethereum blockchain are soaring. Data from BitInfoCharts shows that the average transaction fee on Ethereum was $41.5 on Saturday, nearly triple from three months ago. A few notable winners outside bitcoin
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The wealth manager Vaneck will be launching its bitcoin futures exchange-traded fund (ETF) in the United States following the Proshares ETF listing that launched on Tuesday. According to the post-effective filing with the U.S. Securities and Exchange Commission (SEC), the Vaneck bitcoin futures ETF launch is approved to be listed
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Bitcoin (BTC) is now free to surge not only to existing all-time highs but beyond, analysts have said.Analyzing orderbook data on Oct. 15, monitoring resource Whalemap revealed that Bitcoin had already beaten all major resistance levels.Bitcoin is already moving in thin air With $60,000 hitting for the first time since April,
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