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Continue Reading[ad_1] The largest stablecoins have all endured periods of turmoil in the last few months. In February, New York state regulators ordered Paxos to halt minting Binance USD (BUSD), the third largest stablecoin at the time. Next month, the collapse of Silicon Valley Bank (SVB) temporarily froze a sizable portion of USDC’s cash reserves, which […]
Continue Reading[ad_1] Massad and Clayton’s recommendations come at a potentially pivotal time in crypto’s brief history, and amid an ongoing jurisdictional feud between the CFTC, which considers crypto a commodity and the SEC, which sees it as a security. Both agencies have filed multiple legal actions against exchanges and other key crypto organizations, testing the applicability […]
Continue Reading[ad_1] Tokens such as SingularityNET (AGIX) rose more than 6% while Fetch.ai (FET) climbed about 3% after the announcement of the new company with a goal to “understand the true nature of the universe.” The team will be led by Musk and includes members that have previously worked at DeepMind, OpenAI, Google Research, Microsoft Research, […]
Continue Reading[ad_1] ARK currently owns 11.03 million shares of Coinbase. [ad_2]
Continue Reading[ad_1] While optimism for SEC approval of a spot bitcoin ETF is running high at the moment, continued investor caution could be warranted. “I had a really good laugh when we saw the BlackRock [spot bitcoin ETF] filing come out,” said Opimas CEO and founder Octavio Marenzi, appearing on CoinDesk TV Monday morning. He took […]
Continue Reading[ad_1] “So-called mainstream adoption will bring waves of new entrants to bitcoin, and the risk is that they won’t care, and won’t protect the decentralization properties that make it valuable over centralized alternatives in the first place,” Alex Thorn, head of research at Galaxy, wrote last week in his report. [ad_2]
Continue Reading[ad_1] STORJ, the native token of the crypto-backed, cloud storage platform, rose 15% on the week, far outdistancing bitcoin and ether, among other digital assets. [ad_2]
Continue Reading[ad_1] The 90-day rolling correlation between bitcoin and Nasdaq, S&P 500 is now at the lowest level observed since July 2021, according to data tracked by crypto derivatives analytics firm Block Scholes. [ad_2]
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[ad_1] “Nazarali explained that they felt confident that litecoin and bitcoin cash, as derivatives of bitcoin, were not securities. While there is some interest, it is not substantial,” Lawrence Lewitinn, The Tie Director of Content and host said in Wednesday’s edition of the newsletter. [ad_2]
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