Traders hope $60K Bitcoin price boosts momentum in ETH, SUI, TAO and NOT
Bitcoin bulls are trying to flip $60,000 to support, and if that happens, ETH, SUI, TAO and NOT could move higher.
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A ‘token’ gift: The US SEC giveth and taketh away
On Dec. 23, 2020, the SEC published a statement proposing a framework for broker-dealers to custody digital asset securities in a manner consistent with Rule 15c3-3 under the Securities Exchange Act of 1934. Among other things, the statement, which will expire after a period of five years from publication, provides that a broker-dealer may custody…

South Korea ramps up crypto investigations and regulations
South Korea announced Digital Assets Committee, launched an investigation and met with Asia-Pacific financial authorities. On Friday, June 3, South Korea’s Financial Supervisory Service (FSS) began an investigation into payment gateway services that work with digital assets. The FSS is South Korea’s financial regulator that operates under the Financial Services Commission (FSC), both of which…

Altcoins pop while Bitcoin looks for support near $50,000
Bitcoin bulls struggle to push BTC price above $50,000 while ADA, MATIC and other large-cap altcoins realize double-digit gains. 1372 Total views 23 Total shares Bitcoin (BTC) continues to look for direction but as this occurred, Ether and altcoins bounced higher from the May 13 sell-off. Dogecoin shocked investors with its 47% rally that kicked…

BODEN memecoins briefly spike after Hunter Biden guilty verdit
Misspelled memecoins referencing the U.S. first family surged after President Biden’s son was convicted of lying about being a drug user when buying a revolver.

Soaring decentralized exchange volume suggests the DeFi craze is not over
Uniswap, the most widely utilized decentralized exchange on Ethereum, has seen explosive growth throughout the second quarter. In fact, less than a month ago, Uniswap’s trading volume surpassed Coinbase Pro as the exchange processed $426 million worth of trades in a 24 hour span.Throughout 2019, the decentralized finance (DeFi) market was relatively stagnant until the…

Blockchain Intelligence Firm Chainalysis Expands Monitoring Tools to Cover 10 Cryptos
New York-based blockchain compliance firm Chainalysis has expanded its real-time transaction monitoring tools to cover a total of 10 cryptocurrencies, Reuters reported on April 24.Chainalysis is one of the highest-profile players in the blockchain intelligence industry, providing technology — such as its proprietary KYT (Know Your Transaction) tool — that enables firms, governments and law…

Redditors cheer as GameStop assembles team of NFT experts
“Future creators won’t just build games but also the components, characters, and equipment. Blockchains will power the commerce underneath,” Gamestop’s Head of Web3 Gaming job listing reads. 1588 Total views 15 Total shares GameStop (GME) is assembling a team of blockchain and NFT experts to work on the firm’s upcoming NFT platform. The firm’s GME…

What is Swan Bitcoin and how does it work?
When someone wants to buy Bitcoin (BTC), they usually take the route of a cryptocurrency exchange. Newbies may buy BTC on just any exchange they come across, while those with some sort of experience may opt for a reputable one. The exercise though bears little fruit as most exchanges function almost identically as centralized entities,…