NYDFS proposes regulation to assess costs of ‘supervision and examination’ for licensed crypto firms
Though some crypto firms operate in New York with a BitLicense, many including NYC Mayor Eric Adams have criticized the licensing regime as a difficult barrier to cross.
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Bitcoin holdings of public companies have surged in 2021
The amount of BTC held by public companies has gained significant market share from that held in spot ETFs since Microstrategy’s “Bitcoin for Corporations” conference during Feb 2021. 72 Total views 10 Total shares The quantity of Bitcoin held by private corporations has increased significantly during 2021, building on increases from the previous year. In…

3 reasons why Bitcoin can suddenly explode to a new $50K-$65K range
A combination of multiple indicators tracking Bitcoin (BTC) blockchain would continue the benchmark cryptocurrency's price rally further into 2021, popular on-chain analyst Willy Woo anticipates.In his recent newsletter, the market researcher wrote that he expects Bitcoin prices to reach the $50,000-$65,000 range in the coming sessions. His comments appeared as BTC/USD reclaimed its three-month high…

PayPal UK to halt Bitcoin purchases until early 2024
PayPal will temporarily halt crypto purchases in the United Kingdom starting from Oct. 1, 2023, expecting to re-enable the service in early 2024. Cryptocurrency-friendly payments platform PayPal is making some crypto adjustments on its platform in the United Kingdom to comply with local financial regulations.PayPal is temporarily pausing the ability for its U.K. customers to…

Ripple’s Garlinghouse Says China Leads US in Crypto Regulatory Outlook
Ripple’s CEO said China is ahead of the United States in terms of crypto regulatory thought. 472 Total views 16 Total shares Ripple CEO Brad Garlinghouse said he considers China ahead of the U.S. as both countries wade the regulatory waters of the burgeoning crypto space.As part of the Chamber of Digital Commerce’s Parallel Summit…

Crypto plunges as Trump tariff 'medicine' brutalizes global stock markets
Cryptocurrency prices tumbled as the US stock futures market opened sharply lower on April 6 as the Trump administration doubled down on its global tariff strategy. The Trump administration hit all countries with a 10% tariff starting April 5, with some slapped at higher rates, including China at 34%, the European Union at 20%, and

South Korea’s ‘Kimchi premium’ is back: Is the Bitcoin rally starting to heat up?
Demand for Bitcoin in South Korea is heating up as the country's BTC premium rises over 5%. 379 Total views 7 Total shares The "Kimchi premium" is back. Bitcoin (BTC) is trading by more than 6% higher across major South Korean crypto exchanges as of March 29.Data from CryptoQuant show that the premium in the…

Proshares Bitcoin futures fund in top 2% of all ETFs for volume
While BTIO is going from strength to strength with a total of $1.4 billion worth of inflows since late October, one expert thinks that VanEck’s Bitcoin spot ETF has a 200-1 chance of being approved by the SEC. 810 Total views 18 Total shares Since its launch on Oct. 19 Proshares’ Bitcoin futures exchange-traded fund…

Coinbase leads crypto lobby surge with 3,475% spending jump since 2017
Crypto lobby spending in the US has surged 1,386% since 2017, including a huge jump in the last two years.