Tag: Markets

SEC is ‘wrongfully attempting’ to police crypto markets: Paradigm counsel

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Crypto investment firm Paradigm’s Special Counsel Rodrigo Seira has become the latest to slam the United States securities regulator, this time for “wrongfully” pursuing crypto exchange Bittrex in an attempt to police secondary crypto markets. In a July 11 Twitter thread, Seira added his thoughts after an amicus brief filing from Paradigm, arguing that the U.S. Securities and Exchange Commission’s case against U.S.-based crypto exchange Bittrex should be “dismissed” as it relies upon an unreasonable use of the Howey test to make its claims. The SEC’s lawsuit against Bittrex is…

Forget about price! Polkadot Decoded 2023 says bear markets are for building

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The Polkadot Decoded 2023 conference just wrapped up and this year more than 100 speakers and 100 blockchain projects were in attendance.  The beauty of crypto bear markets is they catalyze a realignment of perspectives and objectives. All the hidden leverage is gone and most of the speculation is gone. SBF is gone. Do Kwon is gone. Three Arrows Capital, Su Zhu, Kyle Davies and a handful of other hucksters and snake oil salesmen have been exiled. And good riddance to all of them. Crypto doesn’t need hopium, messiahs, populists…

Tokenization Is Likely to Transform Infrastructure and Financial Markets: Bank of America

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BCH Price Jumps to One-Year High Fueled by Spiking Social Interest, EDX Markets Support

The Bitcoin Cash network was forked from the original Bitcoin blockchain in July 2017 and aimed to serve as a payment network. Despite early optimism, the blockchain’s traffic is dwarfed by Bitcoin’s transaction numbers. Some $92 million in BCH has been transferred in the last 24 hours, compared to $11 billion in BTC, blockchain data by BitInfoCharts show. BCH is still 95% down from its $4,355 all-time high price reached in December 2017, according to CoinMarketCap. Source

Bitcoin Cash leads charge as global crypto markets recover

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Following a downturn that compounded investor angst, the broader crypto market has embarked on a recovery campaign, with bitcoin cash (BCH) leading the charge. This recovery is geared towards reclaiming the losses of the past week. Notably, the global crypto market capitalization has surged by a massive 5.76% in the past 24 hours. Consequently, the market valuation currently stands at $1.13 trillion, its highest value in two weeks. The impressive gains from bitcoin (BTC) and most…

Wall Street Giants Bet on EDX Markets Crypto Exchange

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EDX Markets, a new digital asset marketplace, has announced the successful initiation of its trading operations, backed by a consortium of major financial institutions. Among the mentioned companies are several Wall Street giants, including Charles Schwab, Fidelity Investments, and Citadel Securities. Explore limitless, instant crypto swaps. Choose from 1000+ coins and tokens and exchange with no registration or sign-up. Experience a platform that prioritizes your data privacy and fund security. The company has also completed a new funding round Funding Round Startups look to raise capital can participate in a…

Wall Street giants back EDX Markets, a new cryptocurrency exchange

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EDX Markets, a newcomer to the cryptocurrency exchange landscape, has made a notable entry with backing from prominent financial institutions such as Citadel Securities, Fidelity Investments, and Charles Schwab. The company recently unveiled the launch of its digital asset market on June 20, marking its official entry into the industry. According to the announcement, the exchange hopes to attract “industry leaders” by incorporating best practices from traditional finance and offering unique advantages, including liquidity, competitive quotes, and a non-custodial model designed to minimize conflicts of interest. Currently, EDX supports the…

Australia’s crypto laws risk being outpaced by emerging markets: Think tank

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The Australian government needs to quicken its pace in developing crypto regulation or risk falling behind developing markets, according to the chair of a new crypto think tank. Loretta Joseph, chair of the Australian Digital Financial Standards Advisory Council (ADFSAC) — the newly launched policy institute under the ADC Forum — warned Cointelegraph that the country risks falling behind others when it comes to developing regulations. Earlier this year, Australia’s Treasury ran consultations for its “token mapping” exercise to help classify different crypto assets. A paper consulting on possible licensing…