Cryptocurrency Analysis and News Portal
Bitcoin has seen a positive trend over the past few weeks after dropping to a new all-time low last year due to the crypto winter that wiped billions of dollars from the industry. Standard Chartered Bank is doubling down on its Bitcoin (BTC) predictions, suggesting that the leading crypto asset has
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On the 15th anniversary of Bitcoin white paper release, Canadian Member of Parliament (MP) Joël Lightbound took the opportunity to thank the pseudo-anonymous creator Satoshi Nakamoto on the floor of the Canadian parliament while advocating for people to study Bitcoin.During his speech on the parliament floor, Lightbound disclosed that he
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Coinbase contends the SEC’s interpretation of what constitutes a security is dangerously broad and insupportable. In the exchange’s view, only assets conferring explicit financial rights or a stake in a business should be considered securities. The popular crypto exchange Coinbase Global Inc (NASDAQ: COIN) is locked in a major legal battle
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Hong Kong's ambitions to become a virtual asset hub became apparent when it implemented a new regulatory regime in June, accepting applications for crypto trading platform licenses. It granted the first set of licenses in August, allowing exchanges to serve retail customers. That was a U-turn after 18 months of
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Following the September meeting, the 10-year Treasury yield had risen to approximately 4.66% as of October 10, reflecting the expected rate increases that policymakers had indicated earlier. Federal Reserve officials have opted to maintain their cautious approach to monetary policy, leaving interest rates unchanged during their September meeting. Minutes from the
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Over the last few months, there have been a number of XRP price predictions that have taken the crypto market by surprise.
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Coinbase has reportedly increased interest rates on USDC holdings to 5%, marking a notable improvement from the 4% rate introduced earlier in the year. The San Francisco-based crypto exchange hiked the interest offered to holders of its USD Coin (USDC) to 5%, only months after effecting another increase that doubled the
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New York Rep. Ritchie Torres has called on United States Securities and Exchange Commission (SEC) Chair Gary Gensler to reconsider the regulator’s position on crypto following a “dreadful day in court."In a July 18 letter to Gensler, Torres requested the SEC limit its enforcement cases to “bonafide bad actors” rather
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The court’s decision weakens the SEC’s stance that the securities law is clear and no separate clarity is required for digital assets, the report said. Source
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The Canadian Securities Administrators (CSA) — Canada’s chief financial authority — has confirmed its trust in the regulated futures market for crypto, which “promotes greater price discovery.” Apart from the United States, the Canadian market hosts several crypto exchange-traded funds (ETFs). On July 6, the CSA issued guidance to help fund
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