Today at Chaintalk News

June 10, 2023

2021东京TEAMZ区块链峰会延期

By Mikako Hara

cointelegraph

Why is Bitcoin price stuck?

Bitcoin is a volatile asset, but BTC price can stay flat for days, weeks and even months for various reasons.

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Biggest Movers: SOL Slightly Higher, as XRP Collides With Key Resistance Level

Solana moved towards the $20.00 mark on Friday, despite reports confirming that Robinhood was set to delist the token from its platform. In addition to solana, cardano and polygon were also removed. XRP also trended higher in today’s session. Solana (SOL) Solana (SOL) moved close to the $20.00 level on Friday, despite news that Robinhood
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The ill fate of CEXes: Hacks, regulations and the path ahead

Negative sentiment and regulatory pressures are pushing users towards decentralized exchanges (DEXs) as alternatives.
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Former SEC Chairman Deserves Appreciation From Ripple, Alderoty States

Ripple General Counsel Stuart Alderoty, recently acknowledged the former United States Securities and Exchange Commission (SEC) Chairman, Late Harvey Pitt, in a tweet expressing gratitude towards his contribution. He added that Ripple owes a debt of gratitude to Harvey for providing a comprehensive description employed by the SEC to enforce compliance with securities laws. Alderoty further cites Pitt’s argument in the Tetragon vs. Ripple case, stating it is the court’s responsibility, not the commission’s, to decide if an asset qualifies as a security. Alderoty Highlights Pitt’s Report on SEC Lawsuit Process In the tweet, Alderoty added Pitt’s report in the Tetragon Fin. Grp. vs. Ripple lawsuit as an attachment. The Ripple general counsel drew attention to a comment Pitt made regarding the process of an enforcement action conducted by the SEC. Related Reading: Bitcoin Bearish Signal: Dormant 1,433 BTC Moves After 10+ Years Pitt’s report states an enforcement action begins when the SEC files a lawsuit against an entity in a federal court. He also noted that commissioners that vote to bring an enforcement action are minimally involved once the litigation commences. The former chairman clarified that once the SEC initiates legal proceedings, the commission’s role shifts to that of an advocate for its stance. Also, he emphasized that the court holds the ultimate authority to determine if the asset in question qualifies as a security. For context, Pitt died in Washington on May 30, 2023, at 78 years, due to a sudden illness. He became the SEC Chairperson in 2001 but resigned after 18 months due to various corporate scandals, including the notorious Enron scandal. Notably, Pitt served as the US Securities and Exchange Commission chairman under the reign of President George Bush. SEC vs. Ripple Legal Battle and Controversy Over Crypto Asset Securities It is worth noting that the lawsuit filed against Ripple by the SEC has lasted over two years, resulting in Ripple spending about $200 million to fight back. The SEC accuses Ripple of selling an asset as an unregistered security, while Ripple says the asset should be seen as a digital currency rather than a security. In addition to XRP, the SEC has recently designated various other crypto assets as securities. This list includes ADA, CHZ, SOL, AXS, FIL, ICP, FLOW, NEAR, MATIC, VGX, SAND, DASH, BNB, BUSD, ATOM, MANA, ALGO, and COTI. Following the SEC’s decision to label multiple crypto assets as securities, the commission has encountered several criticisms from the crypto community. SEC Chair Gary Gensler had asserted that most crypto assets, excluding Bitcoin, are considered securities. Nevertheless, Gensler did not explain how he reached this conclusion regarding the legal classification of these “most” cryptocurrencies. Meanwhile, in a recent tweet by Alderoty, he said that despite what Gensler said, the Securities and Exchange Commission does not have a magic regulatory wand to convert any token to securities. He added that he’s looking forward to how the Congress and Courts will follow up the case. Featured image from Pixabay and chart from Tradingview.com
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DOGE and SHIB Price Analysis for June 9

When can traders expect growth of DOGE and SHIB?
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Lone Star State ‘Will Be Silicon Valley’ of Crypto Thanks to Key Legislative Wins: Texas Blockchain Council President

With the latest legislative session in Texas done and dusted, Bitcoin miners in the Lone Star state have struck digital gold.
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cointelegraph

Kevin O’Leary doesn’t rule out criminal charges for Binance

In an interview with Cointelegraph, Kevin O’Leary said he wouldn’t rule out the possibility of more serious charges against Binance and its CEO, Changpeng Zhao.

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Kevin O’Leary doesn’t rule out criminal charges for Binance

In an interview with Cointelegraph, Kevin O’Leary said he wouldn’t rule out the possibility of more serious charges against Binance and its CEO, Changpeng Zhao.
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Crypto Roundup: Bitcoin, Binance, and the Fed’s Upcoming Move

Bitcoin (BTC-USD), the largest cryptocurrency globally, is trading at $26,588 today. BTC has remained rangebound between $28,000 and $25,500 ...
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Polkadot Price Prediction 2023-2032: A Bullish Pattern?

Gavin Wood, the founder of Polkadot, the blockchain interoperability platform, has come under fire for putting a condition on a possible $5M donation to help the Ukrainian govt with the crisis caused by the Russian invasion. Some respondents felt this was less of a humanitarian gesture and more of a marketing punt. Will this affect our Polkadot Price ... Read more
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Vitalik Outlines Three Transitions for Ethereum's future

In a recent blog post, Ethereum co-founder Vitalik Buterin has unveiled a roadmap consisting of three significant technical transitions that he believes are vital for ensuring the long-term success and sustainability of the Ethereum blockchain. Three must-implement transitions Buterin emphasises that these transitions, namely Layer 2 scaling, wallet security enhancement, and privacy measures, are essential in maintaining Ethereum's decentralised nature and for guaranteeing open and unrestricted access for all users. Failure to implement these transitions, warns Buterin, could potentially undermine Ethereum's viability as a robust and widely adopted platform. Layer 2 scaling The first transition focuses on scaling Layer 2 solutions. Over the past few years, Ethereum has witnessed the emergence of a Layer 2 ecosystem comprising solutions like Optimistic Rollup and Zero Knowledge-Rollup, which have effectively reduced transaction costs. However, as the majority of activities still occur on the main Ethereum network, further maturation and scaling of the Layer 2 space are necessary. Buterin highlights the potential consequences of neglecting Layer 2 scaling, including skyrocketing transaction fees during market expansion phases or bullish market trends. Such circumstances may lead users to seek centralised alternatives, posing a threat to Ethereum's decentralisation goals. "The absence of the first transition, Layer 2 scaling, would render Ethereum vulnerable, with each transaction costing $3.75 ($82.48 during a bullish market). This would inevitably drive mass-market products to disregard the Ethereum chain and adopt centralized workarounds," Buterin explained. Wallet security The second transition highlighted by Buterin centres around wallet security. Buterin expresses concern that potential security risks may discourage users from storing their funds and non-financial assets on the Ethereum network, driving them towards centralised exchanges as a safer alternative. "Without the second transition, wallet security, Ethereum's success is compromised as users become hesitant to store their funds securely. This could result in a mass migration towards centralized exchanges," warns Buterin. To enhance wallet security, Buterin proposes a shift towards smart contract wallets with advanced features such as social recovery, similar to the concept of account abstraction. These enhanced wallets would offer improved security measures and an enhanced user experience. Privacy The third and final transition emphasised by Buterin is privacy. He cautions that the absence of robust data privacy measures may discourage users from utilising Ethereum's capabilities fully. To address this concern, Buterin suggests the implementation of stealth address protocols, which would provide privacy features for Ethereum users. By integrating stealth address protocols, Ethereum would be able to offer enhanced privacy options, attracting users who value anonymity and data protection. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Solana (SOL) Sees 86% Monthly Growth in Network Active Addresses: Details

Solana (SOL) outperforms Ethereum (ETH) with 86% growth in active addresses
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Bybit and Franck Muller redefine luxury in the crypto era

Top-tier cryptocurrency exchange Bybit and prestigious Swiss watch manufacturer Franck Muller are joining hands in a revolutionary co-branding initiative. This collaboration aims to shake the crypto and luxury industries, embodying their shared vision of creating new paradigms in their respective domains. Bybit, with its high-speed matching engine, top-notch customer service, and solid multilingual community support, ... Read more
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Shiba Inu (SHIB) Price Analysis for 9 June 2023: ‘Short-Term Technical Indicators Suggest a Strong Buy’

Introduction Welcome to our comprehensive price analysis report for Shiba Inu (SHIB) as of June 9, 2023. This report is based on price data, technical indicators, and moving average data sourced from Binance at 14:42:28 UTC. We delve into the intricate dynamics of SHIB’s price, volume, and key technical indicators. Whether you’re a seasoned trader
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How to use credit cards wisely to avoid debt

Discover effective strategies and best practices to use credit cards wisely and avoid debt.
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cointelegraph

How to use credit cards wisely to avoid debt

Discover effective strategies and best practices to use credit cards wisely and avoid debt.

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Mt. Gox's Hackers Are 2 Russian Nationals, U.S. DOJ Alleges in Indictment

The U.S. Department of Justice charged Russian nationals Alexey Bilyuchenko and Aleksandr Verner with hacking Mt. Gox in 2011, at the time one of the biggest thefts in the crypto industry.
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Dogecoin Price Prediction 2023-2032: DOGE to the Moon?

Here are top Dogecoin predictions and price trends from the Cryptopolitan team. Review its background and long-term commentary.
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With Ether Options Market Makers 'Long Gamma' at $1.8K, Price Is Likely to Hold

Traders said market makers are holding options with a $1,800 strike price and are likely to influence prices as they try to keep their portfolios direction-neutral.
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Aria DiMezzo Is Going to Jail for Running an Unlicensed Crypto Exchange

Aria DiMezzo has been sentenced to 18 months in prison after she was charged with running an unlicensed crypto exchange. The platform was ultimately used by scammers who defrauded elderly individuals in ongoing romance scams. Aria DiMezzo Will Serve Her Time in Prison DiMezzo was one of six people charged following the raid of a ... The post Aria DiMezzo Is Going to Jail for Running an Unlicensed Crypto Exchange appeared first on Live Bitcoin News .
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Circle dumps U.S. Treasury bonds to protect USDC, Avorak Unaffected

The stablecoin issuer Circle has made a drastic decision by ditching U.S. treasury bonds to protect its stablecoin USDC. Circle believes that the inflation rate embedded within the fiat ecosystem might become a barrier causing the firm to fall apart. This indicates that there needs to be a transformation from the traditional monetary system toward
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Today in Crypto: Google Cloud Offers Certain Customers Up To $1M for Cryptomining Attacks, Countdown Until MiCA Enters into Effect Officially Starts, Hong Kong to Lay Foundations to Implement Retail CBDC

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Google Cloud Offers Certain Customers Up To $1M for Cryptomining Attacks, Countdown Until MiCA Enters into Effect Officially Starts, Hong Kong to Lay Foundations to Implement Retail CBDC
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Brian Armstrong sold $1.8M Coinbase shares ahead of SEC lawsuit

Reports around the crypto community have it on good report that the CEO of Coinbase made heavy sales ahead of the SEC crypto dilemma. According to Dataroma, Brian Armstrong sold his shares for $1.8 million just before the SEC filed a lawsuit against the company. On-chain data shows that on June 6, news of the ... Read more
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Are we entering an NFT Downturn according to on-chain data?

A chilling shift is sweeping across the hot NFT market, as data suggests a downturn marked by relentless selloffs and declining trading volumes, igniting concerns of waning investor interest. Collections of Ethereum NFTs are witnessing an increasing trend of sellers…
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Cardano (ADA) Critic Mark Cuban Highlights SEC's Hypocrisy

Dallas Mavericks' owner Mark Cuban spotlights hypocrisy of US financial watchdog
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cointelegraph

Binance VP of Marketing: crypto needs to 'double down' on community support

Rachel Conlan, the new VP of Marketing at Binance, says that “critical” times in the industry call for major companies to emphasize community, clarity and simplicity.

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Binance VP of Marketing: crypto needs to 'double down' on community support

Rachel Conlan, the new VP of Marketing at Binance, says that “critical” times in the industry call for major companies to emphasize community, clarity and simplicity.
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Robinhood ends support for cardano, polygon, solana amid crypto clampdown

Amid increased regulatory scrutiny of cryptocurrency exchanges, Robinhood Markets ( NASDAQ: HOOD ) will remove cardano ( ADA-USD ), solana ( SOL-USD ) and polygon ( MATIC-USD ) from its crypto trading platform, according to a Friday release. Starting June 27, users will not be able to trade the three digital tokens, which together have market value of roughly $850M, according to CoinMarketCap data . At the time of writing, ADA ( -4.1% ), SOL ( -1.0% ) and MATIC ( -1.4% ) all drifted slightly lower along with bitcoin ( BTC-USD ) ( -0.2% ) and ethereum ( ETH-USD ) ( -0.7% ). The move comes shortly after the U.S. Securities and Exchange Commission sued two high-profile crypto exchanges -- Binance Holdings and Coinbase Global ( COIN ) -- for allegedly offering unregistered securities as well as other violations. In the eyes of the SEC, most cryptos, including SOL, MATIC and ADA, are considered securities rather than a currency. However, the Wall Street regulator said in 2018 that neither bitcoin ( BTC-USD ) nor ethereum ( ETH-USD ) are securities. Any ADA, MATIC and SOL still in users' accounts after the deadline "will be sold for market value and the proceeds will be credited to their Robinhood buying power," the release said . More on Robinhood and Crypto Robinhood ends support for Bitcoin SV, sending the crypto way down SEC versus crypto: Regulatory clarity or confusion? Robinhood Markets introduces self-custody wallet for crypto, NFTs (updated) Robinhood working on making cardano transfers available on crypto platform Binance: The SEC Strikes (Again)
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5 cryptocurrencies under $0.10 to buy next week

As the fallout from the lawsuits filed by the United States Securities and Exchange Commission (SEC) against two popular cryptocurrency … Continued The post 5 cryptocurrencies under $0.10 to buy next week appeared first on Finbold .
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Curve Finance CEO Egorov Sued by 3 DeFi-Focused Venture Capital Firms

Michael Egorov, the CEO of decentralized finance (DeFi) firm Curve Finance, is being sued for fraud by venture capital firms ParaFi Capital, Framework Ventures and 1kx in the U.S.
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Robinhood Ends Support for Some Tokens Named in SEC Lawsuit as Securities

The popular trading platform will end support for Cardano (ADA), Polygon (MATIC) and Solana (SOL) on June 27th.
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TRX offers bullish action, but buyers remain wary

At the time of writing the market structure was strongly in favor of the bulls on the 4-hour timeframe, and the dip to $0.074 in early June turned out to be a liquidity hunt
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Two Major Catalysts Are a Boon for Ethereum Price, Says Bloomberg Analyst Mike McGlone – But There’s a Catch

Bloomberg Intelligence’s senior macro strategist Mike McGlone says that two major catalysts could send Ethereum (ETH) much higher. In a tweet to his 58,000 followers, McGlone says that rising demand for ETH and a declining supply are bullish signs for the smart contract platform. However, the macro strategist says headwinds from continued Federal Reserve rate The post Two Major Catalysts Are a Boon for Ethereum Price, Says Bloomberg Analyst Mike McGlone – But There’s a Catch appeared first on The Daily Hodl .
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Crypto Market Tension: ADA, BNB, MATIC, SOL Crash Over 10% In Past Week

In a market heavily influenced by Bitcoin (BTC) and Ethereum (ETH), their slight price decline recently has been overshadowed by a more substantial fall in larger altcoins. Notably, Cardano (ADA), BNB (BNB), Polygon (MATIC), and Solana (SOL) have seen a more than 10% drop over the past week. This downturn traces back to regulatory actions taken by the US Securities and Exchange Commission (SEC) against industry titans Binance and Coinbase. Regulatory Pressure And The Crypto Market This heightened market volatility follows charges laid by the SEC on Tuesday against Coinbase for facilitating the trading of crypto assets they labeled as unregistered securities. The list of implicated assets includes FLOW, VGX, MATIC, and ADA. A similar charge was filed against Binance, where these assets, among others like BNB, BUSD, SOL, FIL, ATOM, SAND, MANA, ALGO, AXS, and COTI, were categorized as securities. It’s interesting to note that the SEC did not include tokens with substantial trading volumes such as ETH, USDC, USDT, LTC, and BTC. Charles Hoskinson, the founder of Cardano, responded to these charges by suggesting that the regulatory crackdown was a move to pave the way for a Central Bank Digital Currency (CBDC). In his view, the government aims to leverage the CBDC as a tool to assert control over people’s finances, facilitated by a selection of influential banks. Hoskinson noted: With respect to Binance, I’m reading through the SEC complaint. It’s over 130 pages, but seems like the next in a series of steps to implement chokepoint 2.0 in the United States. The end goal is a agenda based CBDC partnered with a handful of massive banks and end-to-end control over every aspect of your financial life. The Market Impact On ADA, BNB, MATIC, And SOL In the wake of this regulatory scrutiny, ADA’s price has seen a market downtrend, falling by 15% over the past 7 days, with a further 2.8% loss in the past 24 hours alone. At the time of writing, ADA is trading at $0.31, a significant drop from its pre-regulation price. In spite of the price drop, ADA’s trading volume surged from $228 million to over $400 million between last Friday and yesterday, indicating a high sell pressure. It is worth noting that over the past week, more than $2 billion have been subtracted from the asset’s market capitalization. Related Reading: Cardano (ADA) Declines As Market Recovers Amid Security Charges Similarly, other altcoins such as Polygon (MATIC), Binance Coin (BNB), and Solana (SOL) have mirrored ADA’s price action. In the past week, MATIC, BNB, and SOL have recorded downward turns of 13.6%, 15.7%, and 11.4% respectively. Notably, among the global crypto market capitalization, ADA currently ranks 8th with SOL and MATIC ranking below Dogecoin (DOGE). Meanwhile, despite the large impact on BNB, the asset still ranks 3rd in the global crypto market. This turbulent market activity, however, underscores the substantial influence of regulatory entities on the cryptocurrency market. Featured image from iStock, Chart from TradingView
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Analysts Predict These 3 Coins Could Change The Bear Market Narrative

The post Analysts Predict These 3 Coins Could Change The Bear Market Narrative appeared first on Coinpedia Fintech News 2023 got off to a great start, even better than most expected, especially after such a rough ending to 2022 with the FTX drama. When events like the FTX insolvency happen, people often imagine we’d see two to three years of crypto winter with significantly less volume. However, the market is already past that stage, …
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Robinhood Delists Cardano, Polygon and Solana Following SEC Labeling Them As Securities

Brokerage firm Robinhood has decided to delist Cardano, Polygon and Solana after the US Securities and Exchange Commission said those three were securities in its charges against two large crypto exchanges this week. Robinhood said it would end support for the three on June 27, and said that investors could still buy, sell and hold ADA, MATIC and SOL until the deadline. ... Read More: Robinhood Delists Cardano, Polygon and Solana Following SEC Labeling Them As Securities
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Former CFTC Chairman Heath Tarbert Joins Circle as Chief Legal Officer

Tarbert will guide the company’s global strategy as it contends with regulatory issues in the U.S.
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ApeCoin Price Prediction 2023-2032: A Strong Buy Sentiment for APE?

ApeCoin Price Prediction 2023-2032 The NFT industry has been booming for the past few years, and there is no stopping it anytime soon. The NFT project Bored Ape Yacht Club has been one of the most successful in the blockchain industry. Various APE price highlights unfold in this ApeCoin Price Prediction. How much is ApeCoin ... Read more
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Bitcoin is Facing its First US Recession, Bloomberg's Market Expert Reveals

Created after 2008 financial crisis, Bitcoin is now about to face its first real recession in US
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Robinhood Moves to Cut Support for Cardano, Polygon and Solana

Robinhood opted to axe three tokens after the SEC listed them as unregistered securities in their lawsuits against Coinbase and Binance.
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Crypto millionaire found dead in Ozarks, family ‘kept in the dark’

In late May, John Forsyth, an ER doctor and a crypto millionaire was found shot dead in Arkansas, several days … Continued The post Crypto millionaire found dead in Ozarks, family ‘kept in the dark’ appeared first on Finbold .
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‘Bitcoin And Nothing Else’: Why Former PayPal, Meta Executive David Marcus Is Building On The Lightning Network

David Marcus, whose payments-focused career has included stints at PayPal and Meta, is now leading Lightspark to propel Bitcoin adoption.
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XRP Transactions Hit 1.16 Million: What's Ahead?

XRP network shows solid growth in last few days, but price still moves with no momentum
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UK Bans Free Promotional NFTs and Crypto Airdrops

The UK’s FCA announced stricter crypto marketing rules this week, prohibiting giving away free NFTs and cryptocurrencies to promote digital asset investing. Earlier this week, the United Kingdom’s Financial Conduct Authority (FCA) introduced tighter advertising rules for the crypto industry, which will take force on October 8. Giving away free NFTs (non-fungible tokens) and cryptocurrencies via airdrops to encourage users to invest in digital assets will no longer be allowed. Matthew Long, the FCA’s director of payments and digital assets, told media publication CoinDesk, that frequently these NFTs and airdrops when used as promotional products, result in consumers buying crypto that they realise “can be problematic later.” Long added that NFTs and airdrops will not be banned, merely promotions involving them. FCA Classifies Crypto as “Restricted Mass Market Investment” The FCA’s newly published rules categorise crypto as a “restricted mass market investment” and will require firms promoting crypto products or services to introduce clear risk warnings. The regulator also said “refer a friend” bonuses incentivising the public to invest in cryptocurrencies will be banned. The new rules will require a “cooling-off” period for first-time investors to discourage impulsive crypto purchases. Research by the FCA reveals that estimated crypto ownership has more than doubled from 2021 to 2022, with 10% of the 2,000 people surveyed indicating that they own cryptocurrencies. Sheldon Mills, executive director of Consumers and Competition at the FCA, said: It is up to people to decide whether they buy crypto. But research shows many regret making a hasty decision. Our rules give people the time and the right risk warnings to make an informed choice. Consumers should still be aware that crypto remains largely unregulated and high risk. Those who invest should be prepared to lose all their money. FCA Goes Ahead With Tighter Rules Despite Industry Pushback The FCA consulted on its proposed marketing rules in 2022 and found that respondents largely disagreed with rules such as banning incentives, blocking new investors from getting non-real-time promotional offers (DOFP) and treating crypto as a mass market investment. As it stands, only entities that have received authorisation from the FCA can approve their own advertisements. Given that there is no framework currently in place that allows the FCA to authorise crypto firms fully, the government has created a temporary exemption that will enable crypto firms registered with the FCA to comply with its AML requirements to approve their own advertisements starting in October. The measure, as stated, is only temporary, and eventually, only FCA-authorised entities will be permitted to approve ads. Some industry players, however, caution the requirement may be too restrictive. The FCA will go forward with the above measures despite industry pushback. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Ripple (XRP) Only Major Alt in Green as SEC Takes Binance and Coinbase to Court: This Week’s Recap

Binance and Coinbase are under heavy fire. The United States Securities and Exchange Commission is out for blood.
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Solana Price Prediction 2023-2032: Is SOL a Good Investment?

Solana Price Prediction 2023-2032 How much is SOL worth? Today’s Solana price is $19.16 with a 24-hour trading volume of $130,897,839. Solana is up 1.53% in the last 24 hours. The current CoinMarketCap ranking is #10, with a live market cap of $1,273,881,101. It has a circulating supply of 394,890,490 SOL coins and the max. supply is not available. Solana price ... Read more
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Coinbase faces uncertain future as Moody’s downgrades rating

In a significant blow to leading cryptocurrency exchange Coinbase, rating agency Moody’s has revised the company’s outlook from “stable” to “negative,” indicating potential future downgrades. This development comes just two days after the Securities and Exchange Commission (SEC) filed a lawsuit against Coinbase, accusing the platform of operating as an unregistered broker and selling unregistered ... Read more
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IMF Urges Fed to Maintain Tightening Policy Amid Inflation Concerns, Citing ‘Challenges’ Ahead

On Thursday, International Monetary Fund (IMF) spokesperson Julie Kozack urged the U.S. Federal Reserve and several other central banks to maintain a restrictive monetary policy known as tightening. Kozack stated that the U.S. central bank may need to keep the federal funds rate higher “for longer” than anticipated. IMF Calls for Extended High Interest Rates
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US Senator claims crypto helps to fund fentanyl Trade – This AI crypto proves otherwise

A bold claim by Senator Elizabeth Warren of Massachusetts, USA, alleging that cryptocurrencies are facilitating the funding of the dangerous drug fentanyl trade, deepens the debate on cryptocurrency scrutiny and regulatory concerns. Amidst these allegations, an AI crypto platform has emerged to counter such narratives and shed light on the positive aspects of cryptocurrencies. Let’s …
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Craig DeWitt, Co-Founder at Supermojo, on Creating New Payment Networks, Ripple, and NFT Payment Solutions | Ep. 237

In an exclusive interview with cryptonews.com, Craig DeWitt, Co-Founder of Supermojo, talks about the future of alternative payment methods using blockchain technology, creating new payment networks separate from ACH, and automatically creating wallets and self-custody options.... Read More: Craig DeWitt, Co-Founder at Supermojo, on Creating New Payment Networks, Ripple, and NFT Payment Solutions | Ep. 237
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DigiToads (TOADS) presale crushes Dogecoin (DOGE) with significant demand increase reshaping the crypto landscape

A presale is a crucial milestone for a new cryptocurrency project. It marks the vital stage of raising capital while giving the broader public a glimpse of what to achieve upon full launch. To this characterization, DigiToads’ presale has been a smashing success. Memecoin powerhouse Dogecoin had inauspicious beginnings. It was a literal joke for ... Read more
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If We’re Not Careful, The AI Revolution Could Become The ‘Great Homogenization’

As artificial intelligence grows, so do attempts to control it. But, if we can differentiate the real risks from the fake risks, this technology could be used to encourage diversity of thought and ideas.
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LINK Price Faces Minor Correction as Bulls Encounter Resistance

Chainlink (LINK) market has been dominated by bullish momentum in the previous 24 hours, with prices leaping to a 24-hour high of $6.03 before encountering resistance. However, failing to break through this barrier resulted in LINK’s price falling to $5.95 as of press time, a 0.42% drop from its previous close. Due to the dip, The post LINK Price Faces Minor Correction as Bulls Encounter Resistance appeared first on Coin Edition .
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eToro Remains Committed to Crypto Amid SEC's High-Profile Lawsuits

As the United States Securities and Exchange Commission (SEC) continues to clamp down on Binance and Coinbase exchanges, the entire crypto and financial markets remain attentive, with the likes of eToro weighing in. eToro, one of the powerhouse platforms in financial trading, has reiterated its commitment to crypto and demonstrated a willingness to work in compliance with industry regulations.... Read More: eToro Remains Committed to Crypto Amid SEC's High-Profile Lawsuits
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cointelegraph

The shift from centralized exchanges to DEXs

The growth of DeFi has happened in spite of the CEXs' stranglehold, with users relying on non-custodial wallets to access even the most basic of DeFi products.

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cointelegraph

US House committee releases new stablecoin bill draft

The draft bill is set to go before the House committee for discussion on June 13 and, if approved, could become the first example of crypto legislation in the United States.

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cointelegraph

Nifty News: Kraken NFT exits beta, Coinbase’s ‘Stand with Crypto’ gains support and more

A Bitcoin inscription service aims to compete with Ordinals by offering smart contracts and larger file sizes.

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cointelegraph

EU starts countdown to crypto legislation, adds MiCA to official journal

MiCA, which comes fully into force by the end of 2024, aims to create a consistent regulatory framework for crypto assets among European Union member states.

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cointelegraph

US senators propose AI bills for transparency and innovation

The bipartisan bills target government transparency when using AI and the formation of a new Office of Global Competition Analysis to stay on top of innovation.

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cointelegraph

Bitcoin price can gain 60% if ‘textbook’ chart pattern confirms — Trader

Bitcoin is attempting to cement an inverse head-and-shoulders pattern, which could spark a “sprint” to $40,000.

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cointelegraph

‘Already explored’ — Apple Vision Pro fails to impress Mark Zuckerberg

Zuckerberg highlighted divergent philosophies, with Meta emphasizing a social metaverse, while Apple’s device seemed designed for solitary use.

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cointelegraph

Tether’s game plan in El Salvador: Why invest in Volcano Energy?

Stablecoin issuer Tether is making a strategic investment in energy production and Bitcoin mining to support El Salvador’s adoption of BTC.

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cointelegraph

Cathie Wood’s ARK loads up crypto bags, buys $19.9M Block shares

Just days after buying $21 million of Coinbase shares, ARK Invest CEO Cathie Wood has added another $19.9 million in Block Inc. shares across its ETFs.

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cointelegraph

FTX argues that releasing ‘valuable’ customer list will harm its sale value

Releasing the nine million-strong list of customers would “impair” the ability to maximize value for FTX creditors, a banker for the exchange said.

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cointelegraph

Paradigm slams SEC’s ‘incoherent’ attempt to police decentralized exchanges

DEXes are not securities exchanges, argues crypto venture firm Paradigm.

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cointelegraph

Ripple case more crucial than ever amid Coinbase, Binance SEC crackdown: Lawyers

Whether XRP is ruled as a security or not in the Ripple case will certainly have an influence on the two latest crypto exchange lawsuits, crypto lawyers told Cointelegraph.

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cointelegraph

Moody’s downgrades Coinbase, citing ‘uncertain magnitude’ of SEC charges

Meanwhile, financial services firm Berenberg Capital told Cointelegraph that it viewed Coinbase shares as "uninvestable" in the near term.

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cointelegraph

Breaking: Binance.US suspends USD deposits, warns of fiat withdrawal pause

Binance.US said the moves are part of efforts to protect customers and the platform amid "extremely aggressive and intimidating tactics" by the SEC.

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cointelegraph

Pro-Bitcoin DeSantis tagged over AI-faked photos in Trump smear campaign

The images depicting Donald Trump cuddling up to and kissing Anthony Fauci were labeled as being AI-generated on Twitter's disinformation alert feature.

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cointelegraph

Vitalik Buterin and Polygon co-founder to help send $100M toward COVID-19 research

Research into “long COVID” and furthering medical infrastructure development will be the two main focus areas for the Ethereum co-founder.

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cointelegraph

Crypto custodian BitGo signals intent to acquire Prime Trust

Should the deal go through, Prime Trust’s infrastructure will “map over 1:1” with BitGo’s services and add another trust company and crypto IRA fund.

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cointelegraph

Binance humilated, HK needs 100K crypto workers, China’s AI unicorn: Asia Express

Hong Kong needs 100K crypto people STAT, AliExpress’ NFT drop censored, Binance humiliated on China TV, AI unicorn grows in 100 days.

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cointelegraph

Gary Gensler: Crypto market is like 1920s stock market, full of 'fraudsters'

Gensler argued that securities laws helped prevent stock market scams once they were passed in the 1930s and can benefit the crypto market of today.

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cointelegraph

Bitcoin price races toward $27K, but a swift recovery is not confirmed by market data

BTC’s price recovered quickly from this week’s swing low, but derivatives data hints that a challenging road lies ahead.

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cointelegraph

Coinbase CEO’s stock sale was probably not planned to occur a day ahead of SEC suit

Armstrong was selling shares under a plan set up in August that sometimes made him money and other times not; the June 5 sale was still good timing.

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cointelegraph

Quantum miners would yield ‘massive’ energy savings for blockchain: Study

University of Kent researchers compared three quantum systems to an ASIC miner, and the quantum machines were demonstrably more energy efficient.

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cointelegraph

How to find the next big altcoin before it pumps

What’s the best way to find the next big altcoins before they pump?

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cointelegraph

Bitcoin rebound falters amid SEC crackdown on exchanges, raising chance of a BTC price capitulation

Regulatory concerns continue to impact the entire crypto market, and this week’s BTC options expiry could play a decisive role in pushing the Bitcoin price under $26,000.

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cointelegraph

Circle hires former CFTC, US Treasury executive as chief legal officer

Heath Tarbert will serve as the company’s chief legal officer and head of corporate affairs, bringing experience with all three branches of government.

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cointelegraph

US DOJ opposes bankrupt Bittrex’s plan to repay customers ahead of credited fines

Bittrex owes $29 million in penalties for sanctions violations and may still face penalties in a case brought by the SEC.

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