Meet the pro-crypto contenders who could replace SEC chief Gary Gensler
There are several new candidates who could potentially become the next chair of the SEC.
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Centralized Crypto Exchanges Saw Major Monthly Volume Uptick in April, Report Shows
Centralized cryptocurrency exchanges saw a major uptick in traded volume this April, the new April 2019 Exchange Review from crypto data provider Cryptocompare has revealed on May 20.Among top fiat-to-crypto platforms, monthly volumes overall increased by a solid 85%. While itself experiencing a 47% drop in volumes, major South Korean crypto exchange Bithumb was the…
Polkadot skyrockets nearly 30% to $10 billion market cap: What’s behind the rally?
Polkadot (DOT), the second-largest smart contract protocol in the cryptocurrency market by valuation behind Ethereum, is up nearly 30% in the last 24 hours. Polkadot's market capitalization has also surpassed $10 billion, solidifying its position as the fifth-biggest crypto asset.There are several major reasons behind DOT’s strong uptrend: strong technical market structure, anticipation of scalable…
CFTC Holds A Meeting to Learn All About Stablecoins
American financial regulators have sat down with major stablecoin projects in an effort to better understand the industry.The Commodity Futures Trading Commission’s Technology Advisory Committee held a public meeting on Feb. 26 to learn about stablecoins, cryptocurrency insurance, custody practices and cybersecurity.Three stablecoin projects: JPM Coin, MarkerDao and Paxo were in attendance, discussing different aspects…
New York authorizes first Yen stablecoin operator in the US
Japanese firm GMO will now be able to offer Yen and dollar-pegged stablecoins to the public in New York. New York has given the first authorization to a stablecoin backed by the Japanese Yen to operate in the U.S.Per a Dec. 29 announcement, the New York Department of Financial Services has granted Japanese firm GMO-Z.com a…
South Korean Messaging Giant Kakao, Irish Startup Partner for Blockchain Payment Methods
Kakao Corp, a major Internet conglomerate and service provider for popular South Korean messaging app KakaoTalk, and an Ireland-based ticketing startup have signed a partnership agreement to develop a blockchain-based payment system. Irish business news outlet Fora reported on the partnership on March 23.The new partnership agreement will focus on applying the former's blockchain platform…
Women’s interest in crypto grows, but education gap persists: Study
The survey of 1,031 female Americans between the ages of 18 and 65 discovered that 15% of women are interested in a career in crypto. 333 Total views 5 Total shares Even though female investors are increasingly interested in cryptocurrency and blockchain technology, there is still a significant knowledge gap when it comes to these…
Bitcoin fails to hold $40K with traders still hoping for a BTC price relief bounce
The latest relief rally, which began April 25, fizzles less than a day later, while Dogecoin continues its bullish vibe. 468 Total views 14 Total shares Bitcoin (BTC) pierced $40,000 at the Wall Street open on April 26 as its latest relief rally lasted less than 24 hours.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$39,500 eyed…
Traders say Bitcoin price ‘needed pullback’ to maintain bullish momentum
Analysts say Bitcoin price needed to “slow down” in order to maintain the bullish momentum needed for the next leg up. 561 Total views 6 Total shares Bitcoin’s parabolic increase well above its previous all-time-high has many experiencing déjà vu from 2017 and a number of analysts are concerned the market is overdue for a…