Bitcoin (BTC) has been performing exceptionally well, surpassing traditional financial institutions with a market cap of around $841 billion. Despite regulatory crackdowns, Bitcoin continues to attract significant cash inflows, maintaining its dominance in the crypto market.Renowned crypto analyst PlanB predicts that Bitcoin could reach its all-time high (ATH) of $69k in the coming months. PlanB […]
XRP, the native cryptocurrency of Ripple, has experienced significant developments in 2023. The token has seen ups and downs, with a notable rally in July that pushed the price above $0.80. The future price of XRP is a topic of debate among analysts, with predictions ranging from an 800% rally to reaching $5.50.Positive sentiments are […]
The International Organization of Securities Commissions (IOSCO) has released a report providing policy recommendations for Decentralized Finance (DeFi). The aim is to address potential risks to market integrity and investor protection in the wake of recent incidents that caused harm to investors and led to the failure of DeFi platforms.The report emphasizes that DeFi activities […]
The International Organization of Securities Commissions (IOSCO) has released a report providing policy recommendations for Decentralized Finance (DeFi). The aim is to address potential risks to market integrity and investor protection in the wake of recent incidents that caused harm to investors and led to the failure of DeFi platforms.The report emphasizes that DeFi activities […]
Solend, the leading lending and borrowing protocol on Solana, has announced its upcoming launch on the Sui blockchain. This marks Solend’s first expansion onto a blockchain other than Solana and demonstrates their confidence in Sui’s technology and potential as a long-term partner. Solend currently has over $140 million in total value locked (TVL) and supports […]
The mediation process in Switzerland regarding the abusive dismissal of trade unionists has been put on hold. Federal Councillor Guy Parmelin has made the decision to suspend the process, stating that a mutually agreed solution is currently not feasible. The Federal Department of Economic Affairs, Education, and Research (WBF) released a statement on Monday, explaining […]
U.S. Senator Roger Marshall has revealed that the American Bankers Association played a role in formulating the Digital Asset Anti-Money Laundering Act, a controversial bill that has faced criticism from the cryptocurrency community. During a speech, Marshall stated that the association helped craft the legislation to ensure that cryptocurrencies are held to the same standards […]
BlackRock, Nasdaq, and the United States Securities and Exchange Commission (SEC) recently held discussions regarding the listing of a spot Bitcoin exchange-traded fund (ETF). The meeting focused on the necessary rule changes required to list the iShares Bitcoin Trust on the NASDAQ Stock Market.The discussions revolved around NASDAQ Rule 5711(d), which outlines the requirements for […]
The United States Commodity Futures Trading Commission (CFTC) has granted Bitnomial, a digital asset derivative exchange, a clearinghouse license. This license adds to Bitnomial’s existing derivatives exchange and brokerage licenses, making it a regulated and vertically integrated market structure.The CFTC approved Bitnomial’s application after several delays, with a vote of four to one. Vertical integration, […]
Big banks have reportedly played a role in the drafting of a controversial anti-crypto bill by United States Senators Roger Marshall and Elizabeth Warren. In a video that surfaced on social media, Senator Marshall admitted that he and Senator Warren sought assistance from the American Bankers Association (ABA) in crafting the Digital Asset Anti-Money Laundering […]
