-
Trump's Crypto Legislation Will Be A 'Frankenstein' Bill Of Mishmash, Says Arthur Hayes — Bitcoin Doesn't Need Government Support To Flourish
Wednesday, January 15, 2025 - 7:30am | 532Arthur Hayes, co-founder of cryptocurrency exchange BitMEX and Chief Investment Officer at Maelstrom Fund, stated that Bitcoin (CRYPTO: BTC) will thrive regardless of any government support or regulatory clarity under the incoming Donald Trump administration. What Happened: In...
-
Robinhood Anticipates Brighter Prospects With Enhanced Crypto Regulatory Clarity: 'It'd Allow Us To Innovate More Rapidly And Offer More Coins'
Wednesday, August 7, 2024 - 11:59pm | 564Jason Warnick, CFO of Robinhood Markets Inc. (NASDAQ:HOOD), has expressed optimism about the company’s future, contingent on improved regulatory clarity for cryptocurrencies in the U.S. What Happened: During the second-quarter 2024 earnings call, Warnick voiced his belief that a more...
-
JPMorgan Analysts Optimistic About Future Approval Of Spot Ether ETFs Despite Regulatory Hurdles
Thursday, May 9, 2024 - 7:42am | 702In light of recent regulatory actions, JPMorgan analysts remain confident that the SEC's scrutiny of Robinhood (NASDAQ:HOOD) Crypto will not impede the approval of spot Ethereum ETFs. What Happened: This perspective comes even as the retail brokerage faces potential enforcement from the SEC for its...
-
Why SEC Delays Put The May Ethereum ETF Deadline In Doubt
Wednesday, April 24, 2024 - 9:19am | 650The fervor surrounding Ethereum (CRYPTO: ETH) exchange-traded funds (ETFs) continues to build, particularly after the successful launch of multiple Bitcoin (CRYPTO: BTC) ETFs earlier this year. However, the path to approval for Ethereum ETFs faces continued regulatory scrutiny, with the U.S....
-
Is Your Crypto Investment Funding Terrorism? Senator Warren Sounds Alarm
Tuesday, March 26, 2024 - 5:49am | 307Senator Elizabeth Warren (D-MA) raised concerns about the illicit use of cryptocurrency during a recent Senate Committee on Armed Services hearing. Highlighting specific threats like terrorism financing and ‘pig butchering’ scams, Senator Warren emphasized the need for stricter...
-
Should You Stay Or Should You Go? Bitcoin Spot ETFs Hemorrhaging Cash On 4 Consecutive Days
Friday, March 22, 2024 - 10:28am | 448Bitcoin spot exchange-traded funds (ETFs) appear to be experiencing a notable trend of net outflows, extending over four consecutive days. Data from SoSoValue, as of March 21, highlights a total net outflow of $93.85 million from these ETFs, underscoring a cautious stance among investors. Among...
-
India's Crypto Market In Limbo: Another Exchange Departs As Regulations Remain Unclear
Thursday, March 21, 2024 - 11:38am | 443OKX is withdrawing from the Indian market. What Happened: On March 21, OKX issued a directive to its Indian clientele, advising them to liquidate their holdings and shut down their accounts by April 30. The company attributed the exit to the challenging regulatory landscape in India. The news comes...
-
Is Institutional Crypto Investing Coming To The UK? Here's What You Need To Know
Monday, March 11, 2024 - 11:18am | 418The UK's Financial Conduct Authority (FCA) on Monday announced that it will allow certain investment exchanges in the country to create a new market segment for Exchange Traded Notes (ETNs) backed by cryptocurrencies. What Happened: This decision will let professional investors, such as...
-
SEC Chair Gary Gensler Declines To Say Whether Ethereum Is A Commodity: 'It's About Circumstances'
Thursday, March 7, 2024 - 1:48pm | 527U.S. Securities and Exchange Commission (SEC) chair Gary Gensler on Thursday emphasized the importance of transparent, fair, and truthful disclosures from banks to protect investors and support informed decision-making. What Happened: Gensler addressed various pressing issues within the...
-
Ripple Expands Crypto Play: Acquires Standard Custody & Trust Company
Tuesday, February 13, 2024 - 12:12pm | 403Ripple (CRYPTO: XRP) on Tuesday announced its intention to acquire digital assets firm Standard Custody & Trust Company, to expand its product offerings. The completion of the acquisition is contingent upon receiving regulatory approval and satisfying standard closing conditions. TD...
-
Crypto Winter Deepens In India As Financial Intelligence Targets Binance, KuCoin
Thursday, December 28, 2023 - 4:05pm | 485The Financial Intelligence Unit of India (FIU IND) has taken a significant regulatory step by issuing compliance show cause notices to nine major offshore Virtual Digital Assets Service Providers (VDA SPs). These notices are in response to the entities' alleged failure to comply with India'...
-
Crypto Market Rally Not Fake, Experts Say: Forecasting Altcoin Market Cap To Reach All-Time Highs By 2025
Monday, December 4, 2023 - 3:38pm | 896Seeking to dispel misconceptions on the sustainability of the upward mobility in the crypto market on Monday, experts believed this was not a fake rally, but one supported by fundamentals and market sentiment. Bitcoin (CRYPTO: BTC) could pass its all-time high of $69,000 by...
-
SoFi Retreats From Digital Assets, Will Cease Opening New Crypto Accounts: Report
Wednesday, November 29, 2023 - 2:28pm | 324SoFi Technologies Inc. (NASDAQ: SOFI) is withdrawing from the cryptocurrency market. What Happened: The San Francisco-based firm informed its crypto customers on Wednesday about the necessity to either liquidate their accounts or transfer them to crypto exchange Blockchain.com, Bloomberg,...
-
Former Binance CEO's Message To Musk After His Twitter Account Was Temporarily Restricted
Thursday, November 23, 2023 - 4:03pm | 533In a surprising turn of events, the X account of Changpeng Zhao, the co-founder and former CEO of Binance (CRYPTO: BNB), was temporarily restricted, before being reinstated. This development came amid a series of controversies surrounding Binance, the world’s largest cryptocurrency...
-
The Sleeping Giant: What Happens When Satoshi's Bitcoin Fortune Awakens?
Tuesday, November 21, 2023 - 7:40pm | 677In the cryptic realm of digital currencies, one enigma consistently captivated the collective curiosity of the crypto community: the untouched fortune of Satoshi Nakamoto, the pseudonymous creator of Bitcoin (CRYPTO: BTC). Nakamoto, who was credited with the development of Bitcoin and the...