SEC will not pursue enforcement action against Paxos
The stablecoin issuer received an SEC Wells notice in February 2023 warning of a potential lawsuit over Binance USD as an unregistered security.
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Crypto joins stocks in ‘extreme fear’ after Bitcoin loses $30K support
Bitcoin (BTC) failed to regain $30,000 after losing support on July 20 as fear & greed indices raced each other to the bottom. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price stays below $30,000 waterlineData from Cointelegraph Markets Pro and TradingView showed BTC/USD continue trading in the $20,000-$30,000 zone on Tuesday.The largest cryptocurrency saw a turbulent night's…
Indonesia’s cryptocurrency community in 2022: An overview
Crypto is the next big thing in Indonesia. According to the Ministry of Trade, transactions for currencies like Bitcoin (BTC) grew over 14 times from a total of 60 trillion rupiahs ($4.1 billion) in 2020 to a total of 859 trillion rupiahs ($59.83 billion) in 2021.It’s getting to the point where crypto is becoming more…
Bitcoin’s rocky road to becoming a risk-off asset: analysts investigate
May 5th was a bloodbath for traditional and cryptocurrency markets. On the worst day of trading since 2020, Bitcoin (BTC) dropped over 7% while the NASDAQ slipped over 5%. Many hoped for capitulation in the trade and crypto markets, and although the short-term outlook for Bitcoin looks weak, one analyst and some evidence would suggest that Bitcoin is still…
Despite what you heard, NFT market is far from dead: DappRadar
There’s no question that blue-chip NFT collections such as BAYC have declined in value recently, but the market for digital collectibles is much bigger. 244 Total views 4 Total shares The market for nonfungible tokens, or NFTs, has slowed from its peak, but that doesn’t mean the industry is dead — far from it, actually. NFT…
Confirmed: Crypto Exchange Huobi Acquires Publicly Listed Firm on HK Stock Exchange
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Venezuela Appears to Have Hard Forked The Petro
Signs indicate that Venezuela’s state-backed cryptocurrency quietly underwent a hard fork earlier this month. 559 Total views 24 Total shares On May 5, Venezuela’s government announced that its controversial oil-backed cryptocurrency, El Petro, would go offline for maintenance until May 10.However, observers have since identified that the official Petro block explorer now lists May 5,…
NFT sales aim for a $17.7B record in 2021: Report by Cointelegraph Research
In 2010, if someone had told you that Internet memes, digital artwork and Twitter avatars would sell for hundreds of thousands of dollars, would you have believed them? Well, these are nonfungible tokens, or NFTs, in a nutshell. NFTs are driving blockchains toward uncharted territory on the backs of cute kitties and pixelated punks. What may…
Two More Crypto YouTube Channels Restored After Being Blocked by the Platform
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