SEC lists crypto as an examination priority in 2025
The regulator’s Division of Examinations specifically named spot Bitcoin and Ether exchange-traded products in its priorities after their 2024 launch.
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Weekend bull trap? Traders remain cautious as Bitcoin price rebounds to $18K
The price of Bitcoin (BTC) surged above $18,000 on Nov. 29, reaching as high as $18,209 on Binance. However, traders are turning cautious despite BTC’s weekend rally.Bitcoin currently faces resistance at around $18,200, which is also the 10-day moving average (MA) on the daily chart. As Cointelegraph reported yesterday, some traders still anticipate BTC to…
Daimler Conducts Transaction on Marco Polo Trade Finance Network
Mercedes-Benz parent company Daimler AG and mechanical engineering firm Dürr AG have conducted a pilot transaction on blockchain software firm R3’s Marco Polo trade finance network.Per a press release published on Sept. 25, the transaction between Daimler and Dürr included the order and delivery agreement from Dürr’s subsidiary Schneck, wherein the payment was secured by…
Price analysis 12/6: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, AVAX, LINK, TON
Bitcoin (BTC) has been on a tear, rising more than 10% this week. This shows that traders are urgently scrambling to buy Bitcoin as they anticipate the price to rally further. CoinShares data shows that investors have pumped in more than $1.44 billion into Bitcoin investment products in the past ten weeks.The expectation is that
WEF 2022: Blockchain and digitization to take center stage at Davos
The annual meeting of the World Economic Forum (WEF) is scheduled to take place from May 22–26, marking the first in-person WEF global leadership event since the pandemic began. The annual meeting was first scheduled for January but was later turned into a virtual event in light of growing COVID-19 infections during the winter.The Davos…
3 reasons why Constellation (DAG) price outperformed most altcoins this week
The concerns voiced about the consensus mechanisms of Bitcoin (BTC) and Ethereum (ETH) have played a part in the sideways price action both assets have seen over the past two months, opening the door for other competing projects to gain attention. One project that managed to overcome the sideways action in the market and rally to…
Crypto lobbyists still fighting to axe ‘unlawful’ Tornado Cash sanctions
The crypto industry advocacy group has placed its support behind Coin Center and its lawsuit against the U.S. Treasury over its Tornado Cash sanctions. 446 Total views 2 Total shares The Blockchain Association and the DeFi Education Fund have become the latest industry advocates to file their support of Coin Center’s lawsuit against the United…
Major Central Bank Institution BIS: Bitcoin Must Depart From Proof-of-Work
Bitcoin’s (BTC) problems are only solvable by departing from a proof-of-work (PoW) system, according to research published by the Bank for International Settlement (BIS) on Jan. 21.According to the paper, when in the future Bitcoin’s block rewards fall to zero — given that only a limited number of new Bitcoin will ever be created —…
How are crypto firms responding to US regulators’ enforcement actions?
United States regulators including the Securities and Exchange Commission (SEC) have ongoing civil cases against major cryptocurrency firms including Binance, Coinbase, and Ripple, but not every company has been subject to the same treatment.Gary Gensler, serving as SEC chair since 2021, has been widely criticized by many lawmakers and industry leaders for a “regulation by