Category Crypto

The Securities and Exchange Commission (SEC), under Chairman Paul Atkins, is shifting its approach to regulating crypto assets and tokenized securities. Atkins envisions a move away from “regulation by enforcement” towards a proactive rulemaking framework. This involves establishing clear guidelines…

Eric Council Jr. faces a potential two-year prison sentence for his role in a scheme that fraudulently announced the approval of Bitcoin exchange-traded funds (ETFs) via the Securities and Exchange Commission’s (SEC) X account. US prosecutors, in a May 12th…

New York City Mayor Eric Adams is actively promoting the city as a hub for cryptocurrency and blockchain technology. His commitment to digital assets is evident in his past actions, including accepting his first three paychecks in Bitcoin and publicly…

Bitcoin’s recent price action reflects a cautious market sentiment. After profit-booking near $105,819, the price dipped below $103,000. However, long-term investors remain bullish, with Michael Saylor’s firm adding 13,390 Bitcoin to its holdings. The S&P 500 and US Dollar Index…

Tether’s USDT stablecoin achieved a significant milestone on May 12th, surpassing a $150 billion market capitalization. This reflects a substantial increase in stablecoin adoption, with USDT’s circulating supply expanding over 36% in the past year, accelerating notably after the 2020…

BlackRock, in an updated registration statement for its iShares Bitcoin ETF (IBIT), acknowledged the potential threat of quantum computing to Bitcoin’s cryptographic security. This is the first time the asset manager has explicitly mentioned this risk in IBIT disclosures. The…

Bitcoin’s recent price action has puzzled some market observers. After reaching a three-month high of $105,720 on May 12th, it experienced a downturn, falling to $102,000 despite a temporary easing of US-China trade tensions. This negative reaction to seemingly positive…

Bitcoin (BTC) experienced a brief price correction on May 12, dropping to $102,388 after reaching an intraday high of $105,819. This correction followed positive news, including a tentative US-China trade deal and significant Bitcoin acquisitions by companies like Strategy (13,390…

TradingView, a popular charting service for financial markets, is facing scrutiny over a reported bug in its Fibonacci retracement tool. This bug, affecting logarithmic charts, reportedly performs linear calculations instead, a significant issue for Elliott wave traders who rely on…

OpenAI, the artificial intelligence firm, is currently negotiating a revised investment deal with its major financial backer, Microsoft. This renegotiation, reported by the Financial Times, centers around Microsoft potentially relinquishing some equity in OpenAI in exchange for continued access to…