Plenty of crypto operators will rightly view putting enforcement ahead of regulation as shutting the barn door after the horse is loose. To some extent, it’s a consequence of the shifting priorities of a new administration. Trump administration regulators, for better or for worse, made only incremental progress on laying out rules for crypto, much less DeFi, as crypto and DeFi grew from marginal to meaningful between 2016 and 2020. Source
There’s also a better understanding of crypto. A lot of the regulatory reaction in late 2019 was focused on the then-Libra project, which was announced by social media giant Facebook that summer. Libra, at the time, was a pretty visionary project that policymakers saw as having the potential to destabilize the financial system. The project, now named Diem, has been fairly quiet over the past 10 months (this week’s news notwithstanding), and we’re seeing lawmakers focusing on broader swaths of the industry. Source
On October 20, the iconic rap star Snoop Dogg announced he’s participating in a non-fungible token (NFT) sitcom with the popular basketball team the Harlem Globetrotters. According to the announcement, the NFT drop is part of a campaign featuring a limited edition Snoop Dogg and Globetrotters NFT collection. NFT Whale Snoop Dogg Partners With the Harlem Globetrotters It’s well known that the musician and American rapper Snoop Dogg is a fan of cryptocurrencies and non-fungible token (NFT) assets. In recent times, the crypto community discovered that Snoop was a crypto…
The ProShares Bitcoin Strategy ETF (NYSE: BITO) had significantly higher trading volume over the past two days relative to other large exchange-traded funds (ETF). This reflected strong investor demand for BITO, an ETF focused on bitcoin futures, and achieved nearly $1 billion in assets in just its second day of trading. Source
CoinDesk tested the service out of an abundance of caution following a hoax last month, when a fake press release claimed that litecoin (LTC) would be accepted as payment at Walmart stores. This time, the bitcoin-Bentonville connection is real. A source with knowledge of the pilot said the Litecoin debacle had put Walmart, which is based in Bentonville, Ark., off from issuing a press release. Original
Whipsaw price action has returned to the cryptocurrency market after Bitcoin’s (BTC) price lost steam at $67,100 and retracted to the $62,000 level. An early morning 87% flash crash in the price of BTC at Binance US saw the price briefly touch $10,000 and it may have set the market on edge, but generally, it appears to have been an isolated event. Data from Cointelegraph Markets Pro and TradingView show that bears have briefly taken control of the market with the price now fluctuating between $62,000 to $63,500. BTC/USDT 4-hour chart.…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🔷¿A qué se debe la reciente subida de Bitcoin? 🔷Predicción masiva para Shiba Inu 🔷¿Cómo saber cuándo terminará la tendencia alcista de Bitcoin? 🔷George Soros vende acciones y compra Bitcoin 🔷Bitcoin camino a los 60k dólares 🔷Top 3 Criptomonedas que sorprenderán a todos 🔷Departamento de Justicia Estadounidense vigilará las Criptomonedas 🔷MoneyGram se convertirá en una empresa cripto 🔷Criptomillonarios dominan la lista Forbes con $55 mil millones 🔷Skrill y NETELLER agregan Solana a sus plataformas Noticia Anterior 👉 Twitter Punto Cripto 👉 Telegram…
Highly volatile cryptocurrencies like Bitcoin, Ethereum, and other altcoins can behave irrationally at any given moment, especially when turbulence strikes. But what happened this morning on the US branch of Binance, was shocking for even those who have seen flash crashes happen in real time. The result of a massive wick left on the BTCUSD chart was a violent trip to $8,000 where coins were potentially exchanged for prices that are currently 87% lower than where Bitcoin is trading at right now. Here is a closer look at what went…
Highly volatile cryptocurrencies like Bitcoin, Ethereum, and other altcoins can behave irrationally at any given moment, especially when turbulence strikes. But what happened this morning on the US branch of Binance, was shocking for even those who have seen flash crashes happen in real time. The result of a massive wick left on the BTCUSD chart was a violent trip to $8,000 where coins were potentially exchanged for prices that are currently 87% lower than where Bitcoin is trading at right now. Here is a closer look at what went…
Wally Adeyemo, the Deputy Secretary of the United States Department of the Treasury, said the department would likely be enforcing more sanctions on companies involved in illicit transactions related to ransomware payments. Speaking at an online event hosted by the Center for a New American Security with former Treasury Secretary Jack Lew and Ambassador Paula Dobriansky, Adeyemo said the U.S. government would likely be dipping into its toolbox by employing sanctions when criminals threaten national security interests. He specifically mentioned “crypto exchanges or mixers that are fundamentally in the business…