SEC Chair Gary Gensler to step down

South Korea’s lawyers are lobbying the country’s government to step up its action and expedite a legal framework for cryptocurrencies, Reuters UK reports Nov. 8.The Korean Bar Association, membership of which is required of all the country’s lawyers, has appealed to the government to take more swift action in the realm of cryptocurrencies, with Bar…

The Canto blockchain has been down for over a day, and the team has scheduled an upgrade to fix the issue for Aug. 12.

Avalanche (AVAX) gained 0.5% to reach over $31 on May 23 but AVAX price remains trapped inside a trading range that appears like a "bear pennant" structure.Avalanche could get buried technicals Bear pennants are bearish continuation patterns, i.e., they resolve after the price breaks out of them to the downside and then—as a rule of technical…

The New York Stock Exchange mandates all listed securities to maintain an average closing price of $1 or more. 

The city council of Riviera Beach, Florida has agreed to pay nearly $600,000 worth of Bitcoin (BTC) to regain access to data encrypted in a hacker attack, the New York Times reported on June 19.On May 29, the city experienced “a data security event” when a police department employee opened an allegedly infected email attachment,…

Bitcoin price hit a new all-time high above $19,892 on Dec. 1. This is a significant event because it proves that the rally in 2017 was ahead of fundamentals but not a bubble. Generally, when a bubble bursts, it takes several years for the price to cross the high made during the bubble. For example, the…

The initiative will assess 450 proposals aimed at boosting the integrity of social media posts with the help of blockchain technology over the next three years. 7741 Total views 19 Total shares The executive body of the European Union has appointed a major financial services firm to lead a three-year initiative aimed at boosting the…

Earlier this week, Fan Yifei, the deputy governor of the People’s Bank of China has warned that stablecoins like Tether (USDT) pose “risks and challenges to the international monetary system, and payments and settlement system”. Fan did not even spare Bitcoin (BTC) and called it a tool for speculation and a possible threat to “financial security…

Recent on-chain analysis by Glassnode has shown that the current Bitcoin bear cycle is playing out as the worst one in history. 1197 Total views 18 Total shares Several factors have contributed to making the current crypto bear market the worst ever recorded as most Bitcoin (BTC) traders are underwater and continue to sell at…