Bitcoin and Ether options worth $2.7 billion set to expire

Bitcoin price (BTC) is taking a bit of a breather after breaking flipping the $7,600 resistance to support during the morning trading hours of Nov 29. While the current technical setup is exciting, bulls will need to supply significant enough volume for the price to break to the upside of the rising channel, above the $7,800…

This week, on the same day, two United States regulating bodies — the Financial Industry Regulatory Authority (FINRA) and its ruling organization the Securities and Exchange Commission (SEC) — reported filing objections against non-compliant crypto players who made some false statements regarding their businesses.While the SEC barely needs any introduction for those who follow the…

Grayscale's poll found that the majority of people they spoke with were interested in Bitcoin. 775 Total views 21 Total shares Crypto investing firm Grayscale recently released its 2020 Bitcoin Investor Study. The report used data from a survey which digitally polled a sizable number of individuals in the U.S. between June and July. Grayscale found the…

The Bank of France has completed a central bank digital currency pilot for securities transactions in collaboration with Swiss crypto bank SEBA. The central bank of France — Banque de France — is continuing its work on the development of a European central bank digital currency (CBDC).On Monday the bank officially announced the successful completion of…

The two U.S. Senators said the downfall of FTX clearly exemplified “the need for greater federal oversight of the digital asset industry.” 613 Total views 15 Total shares United States senators Debbie Stabenow and John Boozman have doubled down on their commitment to publishing a final version of the Digital Commodities Consumer Protection Act 2022…

The crypto space witnessed phenomenal growth in 2021. Buzzwords like nonfungible tokens (NFTs), decentralized finance (DeFi) and the Metaverse broke through to the mainstream and culminated in the crypto market peaking at over $3 trillion in November of 2021. NFTs redefined arts and how they are acquired. DeFi revolutionized how we lend and borrow. The Metaverse…

The agenda for the Democratic National Convention, or DNC, does not include prior democratic presidential candidate Andrew Yang as a speaker, leaving the politician surprised. Known in the crypto industry for his comments on the burgeoning asset class, former presidential candidate Andrew Yang's name does not appear on the DNC's latest speaker list, according to…

The South African Reserve Bank (SARB) has issued a consultation paper assessing the benefits and risks of cryptocurrencies. The paper, developed jointly with a number of the country’s government agencies, was announced in an official statement published Jan. 16.In the document, titled “Consultation Paper on Policy Proposals for Crypto Assets,” South Africa’s government clarifies that…

The judge also declined to declare the CEL token “not a security,” despite related rulings in the SEC v. Ripple case. 222 Total views 2 Total shares Judge Martin Glenn shot down efforts to have a special shareholders class declared in the Celsius Network bankruptcy case in a court document filed on Aug. 25. The…