US ‘dropping the ball’ on crypto, but that should change soon: Tether CEO
Tether CEO Paolo Ardoino says the US has been lagging on crypto laws but thinks that could soon change after the November elections.
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South Korea strengthens crypto regulation with LEI adoption and crime unit
South Korea has established an interagency investigation unit to combat cryptocurrency crimes, aiming to address the rise in illicit activities in the market and the need for investor protection, according to a July 26 report. Concurrently, the Korea Securities Depository announced a business agreement with Code, a company specializing in travel rules, in Seoul to…

AVAX price rebounds 15% after Crypto Leaks sell-off but Avalanche could still bury bulls
Avalanche (AVAX) bulls snubbed the sensational claims made by a self-proclaimed whistleblower website that the project's parent firm, Ava Labs, paid lawyers to damage its competitors' reputation.Avalanche price recovers from serious allegationsAVAX's price established an intraday high of $19.75 on Aug. 30, two days after bottoming out locally at $17.50, amounting to a 15% rise.…

Look out below! Ethereum derivatives data hints at further downside from ETH
Ether (ETH) is down 38% in three weeks and the current $2,000 level is 59% below the $4,870 all-time high that was reached in November 2021. Additional newsflow that added to the current market wide volatility were the bankruptcy fears that emerged after Coinbase, the largest U.S. exchange reported a $430 million first-quarter 2022 loss. In…

Ethereum ‘liquidity crisis’ could see new ETH all-time high before Bitcoin — analyst
It's dog-eat-dog for the return to all-time highs between Bitcoin and Ethereum, the latest data suggests. 434 Total views 6 Total shares Ethereum‘s native Ether token (ETH) may beat Bitcoin (BTC) to new all-time highs, fresh analysis reveals.In a tweet on Aug. 18, Ki Young Ju, CEO of on-chain analytics service CryptoQuant, highlighted a “sell-side…

Mark Cuban and Tyler Winklevoss Squabble Over Bitcoin Complexity
Despite being over a decade old, Bitcoin (BTC) is still not particularly easy to understand. Even major BTC bulls like Tim Draper have admitted that Bitcoin still lacks ease of use for mainstream adoption.In the same vein, two key figures in the community held an informal Twitter debate over Bitcoin’s complexity today.Debate intro: Cuban might…

Ethereum whales dumping ETH as price slides below $4K, data shows
Ethereum is having difficulty keeping its richest investors in line as its native token Ether (ETH) hints at logging more losses in the near term.Blockchain data analytics service Glassnode revealed that the number of Ether addresses that hold at least 1,000 ETH dropped to 6,292 this Monday, the lowest reading since April 2017. At its…

Is Bitcoin’s vertical rally in danger? Why $30K isn’t the only level to watch
Bitcoin (BTC) had a tremendous 2020 as the BTC price rallied by 311% in 2020. In the shadows of Bitcoin, Ether (ETH) has also been seeing a fantastic year as Ether’s price rallied by an even bigger 475%. While only five days into the new year, ETH is continuing this trend. Bitcoin vs. Ether January 2021…

MicroStrategy will eventually unravel — Bitcoin bulls should look elsewhere
MicroStrategy’s stock premium has benefited from a virtuous cycle in the bull market. It will eventually reverse course.