Sen. Hagerty introduces Clarity for Payment Stablecoins Act of 2024

Bitcoin worth $600 million gets taken off the market as BTC/USD struggles to cement support for a retest of $40,000. 4195 Total views 29 Total shares Asset manager Grayscale added 18 times more Bitcoin (BTC) than miners added to the supply in just one day on Jan. 18.As various data sources confirm, Grayscale, which remains…

Dissolving support at $50,000 opens up a path to levels not seen in months, warns Delta Exchange CEO Pankaj Balani. 2665 Total views 19 Total shares Bitcoin (BTC) could see a price drop to as low as $40,000 if higher support levels fail to hold, an industry CEO says.Speaking to Bloomberg on May 11, Pankaj Balani,…

Most cryptocurrencies are likely to be regulated as securities in the United States according to the CEO of Intercontinental Exchange Inc (ICE), Jeffrey Sprecher, and Senator Elizabeth Warren. The renewed focus on regulating cryptocurrencies as securities comes in light of FTX’s recent implosion, which wiped countless billions from the market, put consumer funds in limbo…

The South African Presidential Commision on the Fourth Industrial Revolution believes that blockchain technology and Artificial Intelligence could help reduce unemployment in the country.Commissioner Mpho Dagada told the Blockchain Africa Conference in Johannesburg this week that blockchain could bring important economic benefits.“We face two significant challenges in the country: reducing unemployment and increasing our Gross…

LinkedIn has ranked cryptocurrency wallet provider and data firm Blockchain.com (formerly known as Blockchain.info) in its top ten most “sought-after” U.K. startup employers in new listings September 30.Part of a list featuring 25 UK-based startup companies, Blockchain.com made the grade at number 9, while financial disruptors took two of the three poll positions in the…

An initial public offering is the classic way to take a company public, but many crypto companies bypass the regulatory scrutiny with a backdoor SPAC mergerBy Connor SephtonIf you want to sell stock in an American company to the public, traditionally you hold an initial public offering, better known as an IPO. An IPO starts with…

On Jan. 10, news emerged that Chinese Bitcoin mining giant Bitmain’s co-founders, Jihan Wu and Micree Zhan Ketuan, will step down as co-CEOs of the company. The move follows a streak of reports suggesting that Bitmain has been facing mass layoffs, class action lawsuits and difficulties related to its initial public offering (IPO) during the last…

The exploiter minted over 115 duovigintillion USDC deposit receipts but then redeemed only $2.4 million worth.

MicroStrategy was downgraded to "sell" from "neutral" on Tuesday. Shares of MicroStrategy (MSTR) fell on Tuesday after Citibank reportedly downgraded the business intelligence firm over its “disproportionate” Bitcoin (BTC) focus. Citi analyst Tyler Radke issued a “sell” rating on MSTR shortly after the company announced it was raising more money to buy Bitcoin. Radke says CEO…