Crypto.com sees ‘strong legal footing’ in crypto rulings against SEC
Previous crypto rulings against the SEC have put Crypto.com on a “strong legal footing” in its lawsuit against the regulator, its chief legal officer Nick Lundgren said.
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Ethereum-based social media project shuts down as ETH fees approach new highs
Ether transaction fees increased by over 35,000% in the past year, forcing one social media tokenization project to close down. 1909 Total views 16 Total shares An Ethereum-based project has been forced to cease development due to rising gas prices, as the cost of transacting on the blockchain continues to push new highs.The official Twitter account…
South Korean Social Gaming App Launches Blockchain-Based Platform
Major South Korean social gaming app GameTalkTalk has rolled out a blockchain project for gamers, which will offer three new features, including rewards. 1943 Total views 47 Total shares The firm behind major South Korean social gaming app GameTalkTalk has rolled out a blockchain project for gamers.The new platform includes a reward-based social media DApp,…
SEC rejects application for Fidelity’s Wise Origin Bitcoin Trust spot ETF
The regulatory body said any rule change in favor of approving the ETF would not be aimed at preventing “fraudulent and manipulative acts and practices” nor would it necessarily “protect investors and the public interest.” 168 Total views 41 Total shares The United States Securities and Exchange Commission has disapproved asset manager Fidelity’s Wise Origin…
Iran Ditches the Rial Amid Hyperinflation as LocalBitcoins Seem to Trade Near $35K
Iran’s parliament votes to institute a new currency as coronavirus and sanctions hyperinflate the rial and local Bitcoin prices skyrocket relative to official exchanges. 1385 Total views 35 Total shares Per a May 4 report from local outlet Mehr News, Iran’s new ‘Reforming Monetary and Banking Law’ has passed in parliament. The new law dictates…
Bitcoin back above $57K as ‘hundreds’ of US banks prepare to HODL for clients
Bullish news kickstarts a lackluster Bitcoin after an overnight slump neared $53,000 and altcoins kept surging. 7090 Total views 37 Total shares Bitcoin (BTC) staged a characteristic comeback on May 5 as a day of losses turned around in a flash.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingviewBTC price nears $58,000Data from Cointelegraph Markets Pro and…
Privacy advocates score a win after Binance buckles under pressure
Privacy advocates scored a big win in June with Binance’s announcement that it was backtracking on a decision to delist privacy coins for users in a number of European countries.As a result of the move, users in Italy, Poland, Spain and France will be permitted to continue trading tokens including Zcash (ZEC), Monero (XMR), Decred…
UK Financial Regulator: Crypto Investors Are Driven by Interest to ‘Get Rich Quick’
The United Kingdom’s Financial Conduct Authority (FCA) has published two pieces of research on Thursday, Mar. 7, which examine the attitudes of U.K. crypto consumers.The first study, conducted by research firm Revealing Reality, uses qualitative interviews to focus on the understanding of cryptocurrencies and motivations behind people’s decisions to invest in crypto assets. The researchers…
Bitcoin ‘price will follow,’ says analyst after historically accurate metric hits new high
A record "organic" price valuation based on long-term investors paves the way for uncharted price territory for Bitcoin, the statistician says. Bitcoin (BTC) has already hit an all-time high this week, according to one price measurement from popular statistician Willy Woo.In a series of tweets on Oct. 27, Woo added to his recent bullish prognoses…