The SEC’s Hester Peirce Isn’t a Bitcoin Champion, Just a Regulatory Realist

Aug 26, 2020 at 08:11 UTCRipple CEO Brad Garlinghouse (CoinDesk archives)A major Australian financial services firm is suing U.S. blockchain company Ripple Labs over allegations of copyright infringement. In a court document filed last Friday in the Federal Court of Australia New South Wales Registry, New Payments Platform Australia (NPPA) claims Ripple breached Australia's Trade…

The low order book liquidity suggests an impending bull reversal, according to Hyblock Capital. Negative funding rates point to a potential short squeeze. The market is fast moving into a positive macro environment, LondonCryptoClub said. Bitcoin (BTC) order books, which show the supply and demand dynamics for the largest cryptocurrency, are signaling a potential price

(Shutterstock/Bjoern Wylezich)‘Money Printer Go Brrr’ Is How the Dollar Retains Reserve StatusFrances Coppola, a CoinDesk columnist, is a freelance writer and speaker on banking, finance and economics. Her book, “The Case for People’s Quantitative Easing,” explains how modern money creation and quantitative easing work, and advocates “helicopter money” to help economies out of recession. Fiat…

news Fidelity Digital Asset Services (FDAS) is “now engaged in a full rollout” of its custody and trading services, expanding from the limited trial users in the platform’s final test stage, according to a Financial Times interview. A spokesperson said Monday that FDAS’  license application with New York State is still pending while more clients are being added…

The U.S. Securities and Exchange Commission (SEC) has settled charges with professional boxer Floyd Mayweather Jr. and music producer Khaled Khaled – better known as DJ Khaled – for not disclosing that they were paid to promote initial coin offerings (ICOs). Announced Thursday, the regulator said that Mayweather received $100,000 from Centra Tech, as well…

A top Australian financial regulator has indicated it will take a new approach when regulating cryptocurrency exchanges, as well as tighten scrutiny of initial coin offerings (ICOs),. In its a corporate plan for 2018–2022, released Friday, the Australian Securities and Investments Commission (ASIC) outlined its areas of focus for the period. Top of that list is to continue…

After news broke that the U.S. Securities and Exchange Commission (SEC) is suing Binance, the Chief Executive of the world’s largest crypto exchange, Changpeng Zhao (aka CZ), took to a familiar strategy: tweeting. CZ’s first Twitter communiqué was just the number “4,” posted around the same time SEC Chair Gary Gensler was likely cleaning up…

Bitcoin would likely extend losses further if Fed Chairman Jerome Powell drops hints of a gradual unwinding of stimulus programs later today.Jan 27, 2021 at 12:48 p.m. UTCUpdated Jan 27, 2021 at 12:49 p.m. UTCBitcoin Drops, Dollar Bounces Ahead of Federal Reserve Rate AnnouncementBitcoin and global equities are trading lower, while the anti-risk U.S. dollar…

Samsung plans for its foundry to manufacture 3nm chips. Jan 22, 2021 at 4:40 p.m. UTCSamsung Discussing $10B Chipmaking Facility in Texas: BloombergSamsung is considering bankrolling an Austin, Texas-based chipmaking plant with “upwards of $10 billion”, per a report from Bloomberg. Source told Bloomberg the technology company plans for its facility to be capable of…