Crypto.com surpasses Coinbase in trading volume as institutional demand grows
The trading volume was largely boosted by new TradFi institutions, along with the launch of the first spot Ether ETFs.
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Robinhood ordeal shows broken system and importance of regulation, crypto industry execs say
Richard Byworth of EQUOS and Aleks Svetski of Amber share their thoughts on Robinhood's suspension of GameStop stock buys. 1533 Total views 7 Total shares Over the past few days, a number of stocks, such as GameStop (GME) and AMC Entertainment (AMC), have risen dramatically in price, reportedly in line with attention from Reddit users…
Crypto market outflows reached $55B in August as liquidity dwindled — Bitfinex
Crypto’s liquidity crunch could allow event-based volatility to have a greater impact on prices, according to a recent analysis from Bitfinex. 268 Total views 9 Total shares Capital outflows in the crypto industry reached $55 billion in August, according to a report released by crypto exchange Bitfinex. The analysis is based on the aggregate realized value
Sink or swim at $27K? 5 things to know in Bitcoin this week
Bitcoin (BTC) is fighting for the bull trend as the new week begins as the market acts within a crucial zone.After closing the weekly candle at just below $27,000, BTC/USD is attempting to cement support as a stubborn trading zone holds.The stakes are already high — last week saw a flash dip below $26,000 and…
Ethereum is becoming ultrasound money, ConsenSys founder says
“With $13 billion worth of Ether locked up in Ethereum 2.0 and $70 billion locked up in decentralized finance, we have enormous demand for the Ether token,” said ConsenSys founder Joe Lubin. 1870 Total views 5 Total shares ConsenSys founder and Ethereum (ETH) co-founder Joseph Lubin has implied that Ethereum is transitioning to “ultrasound money”…
Japan: Crypto Industry Trade Group JCBA Issues Guidelines for ICO Regulation
In order to promote domestic blockchain and cryptocurrency-related businesses, the Japan Cryptocurrency Business Association (JCBA) has published its "Recommendations on New ICO Regulation" on Friday, March 8.The recommendations on Initial Coin Offerings (ICOs) regulations issued by the JCBA — a local industry trade group — focus on three main topics: the expansion of cryptocurrency in Japanese…
XRP court ruling marks milestone, but new crypto law could take years
The recent court ruling that Ripple’s XRP (XRP) token is not considered a security when sold on digital asset exchanges has sparked a wave of positive sentiment across the cryptocurrency ecosystem. Stuart Alderoty, chief legal officer at Ripple, told Cointelegraph that he believes the most important part of this ruling is that the court unequivocally said…
Japan’s crypto self-regulation ‘experiment’ not working
Japan’s self-regulation “experiment” for the crypto industry is reportedly not working as well as intended, according to local government and industry experts. Since 2018, the Japan Virtual Currency Exchange Association (JVCEA), a self-regulation entity, has been tasked with creating guidelines for the country’s crypto industry, with arguments at the time that the entity could be…
Circle CEO Jeremy Allaire: Stablecoins That Use Open Standards Will Prevail
Jeremy Allaire, co-founder and CEO of payments company Circle, has said that as the sector continues to see new market entrants, stablecoins using an open standards approach will prevail. Allaire made his remarks during an interview with Fortune’s crypto-focused segment The Ledger on March 19.As reported, Circle launched its US dollar-backed, ERC-20 stablecoin USD Coin…