Gensler’s SEC made US ‘nearly untenable’ for crypto firms, say observers

After strong monthly gains in July, Bitcoin (BTC) and the altcoins have started the new month on a tentative note. Even the United States equities markets have started August on a soft note. Is the bottom in?BofA Securities head of U.S. equity and quantitative strategy Savita Subramanian said in a recent note that the stock market…

Yoshihide Suga is set to replace retiring PM Shinzo Abe. Yoshihide Suga has made few public statements on digital currency, but his stance on taxing crypto assets may prove to be the most insightful.The 71-year-old is set to become the country’s new prime minister after being voted in as the leader of Japan’s Liberal Democratic…

Bitcoin manages another attack on $31,000, while traders hope for further BTC price upside in the coming days. Bitcoin (BTC) challenged $31,000 again after the June 27 Wall Street open as traders hoped for upside continuation.BTC/USD 1-hour chart. Source: TradingView$31,000 returns amid Fidelity Bitcoin ETF rumorData from Cointelegraph Markets Pro and TradingView showed BTC price…

Waves price swelled to a new all-time high as NFT airdrops and exchange listings attracted new users to the project’s growing ecosystem. 2298 Total views 19 Total shares Nonfungible tokens (NFT) have handsomely rewarded early investors over the past few months, especially as they gained mainstream attention thanks to record-breaking digital art sales and well-known…

Bitcoin Depot, the largest Bitcoin ATM operator in the world, has begun powering down some of its machines in an effort to halt further spread of COVID-19.As much of the world sits in quarantine, Bitcoin Depot has chosen to temporarily shut off crypto ATMs which specifically reside in high traffic areas. The company is undertaking…

Opensea’s dominance begins to waiverNonfungible token (NFT) marketplace Opensea has seen its competitors chomping at its ankles this year as they gain market share — turning the market from a “monopoly” into an “oligopoly," a new report states.  Binance Market Pulse released on Oct. 20 says there has been a slow and steady change in…

Ripple co-founder and executive chairman Chris Larsen has made a full recovery from COVID-19. In a tweet on April 2, he thanked those working on the frontline against the virus, and also called for recovered patients to donate blood for use in antibody transplants.Larsen had not publicly shared the fact that he had been diagnosed…

Stablecoin runs could occur if users lose confidence in the issuer or its network. The European Central Bank has warned the global community about the risks of so-called “stablecoin runs.”Analogous to the term “bank runs” in the traditional financial system, stablecoin runs could occur if end users lose confidence in the issuer or its network,…

A poll has found 22% of institutional investors are likely to buy cryptocurrency in the future. 773 Total views 12 Total shares A survey carried out by JPMorgan found that one in five institutional investors at firms that don't currently trade in cryptocurrency believe their companies are likely to do so in future.The survey of…