TRX hits $20B record high, flashing ‘altseason’ signal for December

December 3, 2024
The Last Cryptocurency
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Cointelegraph Feed

Some cryptocurrencies are already displaying signs of an early altseason, such as Hedera’s HBAR, which rallied 763% in the past month.

Associate law professor and member of the Securities and Exchange Commission’s Investor Advisory Committee J.W. Verret is calling for the government agency to open for public comment in regards to digital asset regulation.In a petition addressed to SEC Secretary Vanessa Countryman, Verret said opening the floor to comments on digital assets could function as a…

Bitcoin retail, ETF outflows mount to $494M, analysts eye market bottom

Bitcoin wallets hit a five-month low as retail investors sell, while whales accumulate billions, and institutional outflows continue amid global economic uncertainty.

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Gensler grilled as most ‘destructive’ SEC chair before congressional hearing

SEC Chair Gary Gensler has taken heat from lawmakers and members of his own agency during a House Financial Services Committee hearing over his handling of crypto regulation in the United States.

EU markets watchdog urges amendments to MiCA crypto regulations

The European Securities and Markets Authority acknowledged the legal limitations raised by the European Commission but emphasized the importance of the framework’s initial objectives.

Lawsuit: Investors Can’t Prove Ripple Knew XRP Had ‘No Utility’

Lawyers for Brad Garlinghouse haven’t argued the Ripple CEO’s statements in extolling XRP were true, simply that they can’t be proven false. 1016 Total views 11 Total shares The federal case against Ripple Labs has taken an unexpected turn, as the legal team representing the firm and CEO Brad Garlinghouse have argued any statements they…

Top 5 Crypto Performers Overview: TRON, Litecoin, XEM, Bitcoin, Ethereum

Critics are pointing to large energy consumption by the Bitcoin mining industry as a threat to the global climate. However, CoinShares, a digital asset management firm, estimates that about 77.6 percent of Bitcoin mining is done using renewable energy, arguing the harm to the environment is much less than what it is made out to…

UK advertising watchdog flags crypto ads ‘red alert’ priority

The United Kingdom’s Advertising Standards Authority is increasing its capacity to track misleading crypto ads using AI and scraping. 261 Total views 5 Total shares Amid the United Kingdom taking a tougher regulatory stance on the cryptocurrency industry, a major local advertising industry organization has announced a crackdown on crypto ads.The Advertising Standards Authority (ASA),…

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Crypto stocks recover from dip as polls say Harris won debate against Trump

Crypto and Bitcoin mining-related stocks in the US bounced back from an early trading day dip after opinion polls showed voters rated Kamala Harris debate performance.

Gibraltar updates DLT framework to comply with FATF rules

Once again, Gibraltar is taking the lead in crypto regulations. 589 Total views 13 Total shares The Gibraltar Financial Services Commission (GFSC) has updated its regulations governing the operation of distributed ledger technology (DLT) providers to include the latest Financial Action Task Force (FATF) rules. The GFSC said this is in response to blockchain’s fast-moving nature,…

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