Month: July 2024

SEC, Fed Charge Silvergate for Misleading Investors, Failing to Monitor $1 Trillion in Transactions

The U.S. Securities and Exchange Commission (SEC), the Federal Reserve Board (FRB), and the California Department of Financial Protection and Innovation (DFPI) have taken action against Silvergate Capital Corp., the holding company for Silvergate Bank, and its former executives for misleading investors and failing to monitor significant transactions. Silvergate has agreed to pay penalties without […] Source BitcoincryptoexchangeExchanges CryptoX Portal

XRP Price Attempts Bullish Decoupling Amid Major Developments

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The XRP price continues to remain suppressed under the heat of the Ripple vs. the United States Securities and Exchange Commission (SEC) legal battle. This suppressed price action has continued to discourage investors when its comes to the altcoin. However, not everyone has succumbed to the bearish pressure, as crypto analyst RLinda believes that the XRP price could be attempting a decoupling that could lead to a price breakout from here. XRP Price Decoupling Could Trigger Price Crypto analyst RLinda has forecasted a bullish picture for the XRP price where…

Kamala Harris’ Odds of Winning Democratic Nomination Surge on Polymarket

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Grant Cardone lists $42m property on Propy 

Entrepreneur Grant Cardone has entered the real estate sector by listing his $42 million property in Golden Beach, Florida, through a blockchain-based platform.  This move marks Cardone’s first foray into crypto real-estate innovation, and he used a decentralized title registry and escrow settlement protocol offered by Propy.  Propy is a blockchain-based platform for buying and selling real estate, providing a secure and transparent transaction platform. Cardone’s mansion listing on Propy shows the growing acceptance of blockchain in real estate. “We are all in on blockchain revolutionizing real estate. We are…

Robinhood to launch crypto futures in the U.S. and Europe

Robinhood is reportedly considering offering cryptocurrency futures in the U.S. and Europe, but no official launch date has been announced yet. Bloomberg News reported on Tuesday that Robinhood is considering offering cryptocurrency futures in the U.S. and Europe in the coming months. The app for trading without commission aims to utilize the licenses of Bitstamp, a crypto exchange it plans to acquire in a $200 million deal set to close next year. Robinhood plans to introduce Bitcoin (BTC) and Ether (ETH) futures based on CME in the U.S. However, they…

Bullish Reversal For Bitcoin? Retail Investors Flood Back As New Addresses Reach 4-Month Peak

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Recently, the price of Bitcoin (BTC) has entered a consolidation phase, fluctuating between $61,000 and $62,000 after a brief drop to $58,000 on June 24. While retail investors have shown renewed interest alongside institutional counterparts, the market faces a mix of bullish signs and potential headwinds. Retail Investors Return To Bitcoin  In a recent social media post, crypto analyst Ali Martinez highlights the resurgence of retail investors, as evidenced by a four-month high in new BTC addresses reaching 432,026, adding to the sentiment that investors are betting on a significant…

crypto will get positive regulation ‘no matter who wins’ election

Galaxy Digital founder and CEO Mike Novogratz told CNBC’s ‘Squawk Box’ on Tuesday that the US crypto sector is headed for positive regulations regardless of who wins the upcoming election. Mike Novogratz, one of the biggest crypto bulls, shared his outlook during an interview that touched on the current US political scene, Biden’s disastrous debate and crypto. The billionaire asserted that despite the current status of crypto regulation in the US, he believes the next regime will take a positive stance and help the industry grow. “I am not a…

Coinmetrics Report: Bitcoin Mining Faces Turbulence in Q2 2024 

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Bitcoin miners experienced a challenging second quarter in 2024, marked by a 7% decline in hashrate following the halving event. Despite this, the industry saw significant efficiency improvements and notable market activity, according to a Coinmetrics report. Bitcoin Mining Faces Pressures and Efficiency Improvements in 2024 Second Quarter In the aftermath of Bitcoin’s halving in […] Original