Cryptocurrency news
China to gain most from restrictive US crypto regulations: Coinbase CEO
The Coinbase CEO has been hugely critical of the U.S. failure to provide the crypto industry with regulatory clarity and has long argued it will push firms offshore. “Adversary nations” like China could ultimately benefit from restrictive crypto policies in the United States, wa...
Bitcoin on-chain and options data hint at a decisive move in BTC price
BTC’s historically low volatility could abruptly change in June, with long-term holders making moves and options traders showing an uptick in bearish positions. Bitcoin’s volatility has dropped to historically low levels thanks to macroeconomic uncertainty and low market liquidi...
Another dormant Ethereum wallet reawakens after 8 years, moving millions
Its owner acquired the tokens during Ethereum’s ICO in 2015, when each ETH was worth only 31 cents each. An Ether ETH $1,897 wallet that has been inactive since Ethereum’s ICO (Initial Coin Offering) in 2015, has suddenly awoken after eight years of dormancy, moving a total of...
RGB protocol may offer solution to Bitcoin’s Ordinals jam, proponent claims
The founder of Digital Bitcoin Art and Assets believes that smart contracts on Bitcoin could solve the myriad problems created by Ordinals. On the other hand, the RGB Smart Contract Protocol comes from 2016, initially introduced as the “BHB Network” by Bitcoin developer Giacomo...
Ron DeSantis vows to ‘protect’ Bitcoin during presidential campaign launch
Florida's current governor announced his bid for the 2024 U.S. presidency during a Twitter Space with Elon Musk and rounded off with remarks on the cryptocurrency. Ron DeSantis, the current governor of Florida, has officially thrown his hat in the 2024 United States presidential...
White House questions impact of AI surveillance on workers
Officials in Washington, D.C. said they would hold a listening session to understand the experiences of workers and the usage of AI surveillance in the workplace. Officials in the United States are making efforts to keep tabs on the development of artificial intelligence (AI) as...
Is MetaMask withholding customers’ crypto for taxes? No, it’s not
The parent company behind the crypto wallet MetaMask has debunked "inaccurate" rumors that it is collecting tax on crypto transactions. ConsenSys, the company behind the crypto wallet MetaMask, has hosed down rumors that it collects taxes from cryptocurrency users. The company...
Bitcoin price retests key support as Fed rate hike fears steal $27K
Bitcoin bulls fail to stem fresh losses, with BTC price abandoning prior strength and opportunistic whales manipulating the arena with liquidity.Bitcoin BTC $26,911 traded back below $27,000 on May 19 as analysis flagged large-volume trades pressuring price. Inflation spe...
Ripple case: SEC Hinman docs could become public by June 6, lawyer suggests
The infamous Hinman Speech docs are required to be unsealed by June 6 according to a previous court order, suggests defense attorney James K. Filan. Defense lawyer and former federal prosecutor, James K. Filan, expects the infamous Hinman Speech documents to be released to the p...
Distributed ledger tech could save TradFi $100B a year: Lobby group
A new report from the Global Financial Markets Association says regulators need to take distributed ledger technology more seriously. Around $100 billion a year or more could be saved if distributed ledger technology (DLT) was used in traditional markets, claims a new report fro...