Cryptocurrency news
Coinbase Drops Most Since July as SEC Cracks Down on Crypto Staking
Coinbase says staking product continues to be available. The largest US exchange’s shares fell 14%, the most since July. Coinbase Global Inc.’s shares fell the most in more than six months after rival Kraken was forced to stop providing an investment service also offered by t...
Proposed Israeli law to classify crypto as securities will ‘kill the industry’
A proposed definition change by an Israeli regulator would cause immense harm to the local crypto industry, according to the CEO of Altshuler Shaham Horizon. Proposed laws in Israel that would see cryptocurrencies classified as securities would cause huge damage to the...
SEC to up scrutiny of firms offering or giving advice about crypto
Registered crypto brokers and advisors may need to be on edge when giving advice this year, after a recent warning from the SEC. Crypto brokers and investment advisors offering or giving advice about cryptocurrencies will be put under the scope of the United States' securities w...
Layer1 CEO alleges co-founder is using majority power to ‘ransack’ company
The plaintiffs claim that Dolic and Ebel began to conduct unauthorized business activities when the corporate governance of its parent company, Enigma, collapsed. The CEO of crypto miner Layer1 Technologies has filed a lawsuit against the firm’s two other board m...
Is BTC price about to retest $20K? 5 things to know in Bitcoin this week
Bitcoin looks like it is treading on thin ice as February fails to match the gains of last month. Bitcoin BTC $23,082 starts the second week of February in a newly bearish mood as multimonth highs fail to hold. In what may yet bring vindication to thos...
Do Dogecoin’s (DOGE) and Shiba Inu’s (SHIB) stalled rallies mean the memecoin trend is dead?
Absent shill and bullish newsflow, DOGE and SHIB have struggled to keep up with the wider crypto market rally that occurred in January. The memecoin phenomenon didn’t prove as effective in the last month’s crypto market rally, as the gains of the top cryptocu...
State of play: Decentralized domain services reflect on industry progress
Major decentralized domain services weigh in on the state of the industry and the potential for future growth. The rise of Web3 functionality has been a boon for decentralized domain name services over the past two years, with millions of blockchain-based domains registe...
Here's why India held on to older crypto reforms in national budget 2023
Experts opine that the Indian government needs more data and time to decide on rigid tax policies, given it has been only ten months since the tax laws were introduced in March 2022. Cryptocurrency and blockchain technology found no mention in India’s union budge...
Crypto wallets combat scammers with transaction previews and blocklists
New features aimed at protecting users come amid recent crypto thefts and phishing attacks targeted at well-known crypto executives and influencers. United States-based crypto exchange Coinbase has become the latest crypto wallet provider to roll out transaction previe...
Bitcoin stays out of fear for 11 straight days as price tips near 24K
Bitcoin's huge price surge in January has meant that 64% of Bitcoin investors are in profit, according to data from IntoTheBlock. Bitcoin (BTC) has just clocked its 11th consecutive day outside the “Fear” zone in the Crypto Fear and Greed Index, cementing its...