US lawmaker accuses SEC of ‘enforcement abuse’ against crypto firms
House of Representatives members brought up FTX, Donald Trump’s token launch, and SEC Chair Gary Gensler at the “Dazed and Confused” digital assets hearing.
Related Posts
Swiss-Based Asset Management Firm to Introduce Metals-Backed Cryptocurrency
Switzerland-based asset management company Tiberius Group AG is going to introduce a cryptocurrency backed by metals, Bloomberg reported September 27. Founded in 2005 as a commodities asset management firm, Tiberius Group manages around $350 million in assets.The company will issue a blockchain-powered Tiberius Coin, the value of which will be tied to the price of…
Grayscale, Bitwise, NYSE American apply to list options on 3 Ether ETFs
The NYSE American has asked the SEC for approval for it to list and trade options for three Ether ETFs from Bitwise and Grayscale.
fUSD stablecoin launch and rumors of Cronje’s return send Fantom (FTM) price higher
After a strong 2,000% rally in early 2021, Fantom (FTM) price collapsed alongside multiple altcoins and even though the blockchain has an impressive capability, it has yet to find mass adoption due to the lack of a compelling use case. FTM price hit an all-time high at $3.46, only to collapse to its pre-bull market…
Bitcoin Price Climbs to $9,500 After Third Higher High in One Week
For the second time this week, Bitcoin (BTC) bulls have protested against any attempts to push the digital asset below the $9K mark. Earlier today, the price dropped slightly below $9,200 but the pullback stopped right at the Jan. 19 high at $9,198 before reversing to surge higher on a high volume spike.Bitcoin daily price…
Russia’s Biggest Bank Considers Launching its Own Stablecoin
Shortly after Russia’s President Vladimir Putin signed the country’s recent cryptocurrency law, the country’s largest bank voiced its considerations. Sberbank, a state-owned company and the largest bank in Russia, is considering the possibility of issuing its own token, according to its key executives.Sergey Popov, Director of the transaction business at Sberbank, says that Russia’s banking…
Ethereum Whales Accumulate in Anticipation of ETH 2.0
Whales appear to be accumulating Ether (ETH), with the percentage of ETH supply controlled by the top 100 wallets standing near 25%.The observation was made by blockchain data analysis firm Santiment, who tweeted that the centralization of ETH among top wallets suggests that whales are accumulating.Santiment argues that the data indicates large investors “have a…
Bitcoin surges into US open as forecast points to attack on $60K
A familiar scene as U.S. trading begins sees BTC price action head for formidable resistance at $60,000 and beyond. 1677 Total views 33 Total shares Bitcoin (BTC) met the start of U.S. trading with a bang on Dec. 1 as the Wall St. open sparked a run above $58,500. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst:…
User claims $11M in Blur token rewards at NFT marketplace’s season 2 airdrop
NFT marketplace Blur allocated a total reward pool of 300 million tokens, worth around $146 million, for traders who use their platform. A pseudonymous nonfungible token (NFT) trader made around $11 million in the recent airdrop reward distribution conducted by the NFT marketplace Blur. Dune analytics data showed that a wallet with the Ethereum Name Service