Today’s crypto highlights: Unmissable updates unveiled
The crypto sphere never slows down, and neither should you. From Binance’s fresh stance to Grayscale’s courtroom standoff, it’s been a whirlwind. Not to be left behind, Shibarium’s audacious move only further heats the crypto arena. Let’s dive into the details. Grayscale’s Victory: More than Just a Headline In the quest for Bitcoin ETF dominance, […]
Asia’s crypto industry has been real busy this week
It’s been a whirlwind of a week for the Asian crypto industry. Every time you think the cryptoverse has exhausted its supply of adrenaline-pumping news, Asia steps up to the plate and says, “Hold my beer.” From a Chinese official getting slapped with a life sentence to new explorations in Hong Kong’s digital currency realm, […]
Worldcoin is going to mess up the crypto industry
Bold. Brave. Revolutionary. These are some of the adjectives that Sam Altman, CEO of OpenAI, probably hoped would be attributed to his new endeavor, Worldcoin. But as the details unravel, it seems that Worldcoin might just be on the verge of upending the crypto universe, and not in the good way. This venture’s aspirations for […]
Survey: Central banks hate crypto way more than we think
The recent wave of data from a string of surveys has painted a rather dim picture of the global business climate. More troublingly, these results have planted seeds of uncertainty concerning central banks’ upcoming decisions on interest rates. Amidst all the economic figures and updates, a resounding sentiment is clear: central banks have a bone […]
Today’s crypto wrap-up: Key events that occurred
The crypto landscape is nothing if not dynamic. As one traces the daily footprints of this evolving world, two major narratives surface: Binance’s continuous run-ins with challenges and the rise (and potential fall?) of the decentralized social media app, Friend.tech. Binance’s Euro Troubles and Legal Battles Binance, the leading crypto exchange, has found itself in […]
Supreme court doctrine: Crypto industry claims it halts SEC
Last month’s ruling regarding the crypto industry’s relationship with the U.S. Securities and Exchange Commission (SEC) has ruffled more than a few feathers. Crypto giants and their supporters are now challenging the SEC’s authority over their operations, all based on a theory rooted in the Supreme Court’s recent doctrines. This move illustrates how the evolving […]
Crypto industry sees mixed results from Congress pre-recess
As the halls of Congress emptied out for the September recess, the days leading up to the break witnessed a flurry of legislative action around digital assets. In this legislative whirlwind, the crypto industry experienced a mix of fortunes, with significant progress on some fronts contrasted by potential legislative roadblocks on others. Progress amid controversy: […]
Key takeaways from Binance’s Half-Year crypto report of 2023
2023 has been a roller-coaster ride for the cryptocurrency sector, with dramatic highs and lows spanning the first half of the year. As the market capitalization of cryptocurrencies concludes the period on an upbeat note, a detailed review of Binance’s half-year report offers crucial insights into this dynamic landscape. Unstoppable rise of Bitcoin Bitcoin, the […]
Crypto industry trapped as global regulations tighten
The dawn of a more stringent global regulatory era looms over the crypto industry as it grapples with a unified global push for enhanced safeguards. This comes in response to notorious incidents involving cryptocurrency firms, including the collapse of FTX exchange, marking a pivotal moment in the industry’s path towards maturity. Introducing financial safeguards: A […]
Crypto’s big moment: Washington’s surprising new interest
In a game-changing decision that could revolutionize regulatory efforts in the world of cryptocurrencies, a federal judge in Washington, Judge Analisa Torres, recently determined that Ripple Labs’ token, XRP, is not to be classified as a security when procured by retail investors. This remarkable resolution by the judge has prompted a seismic shift in the […]
BlackRock’s Bitcoin ETF: A crypto power play in disguise?
At the crux of the contemporary financial landscape lies the intersection of tradition and innovation. BlackRock, the world’s largest asset manager, now seeks to bridge this divide with its proposed Bitcoin ETF, an endeavor that promises to reshape our understanding of the market. It’s not your average Binance or other profit-driven entity making a play, […]
Crypto industry unites as SEC targets Binance and Coinbase
Turbulence has engulfed the crypto world, as the U.S. Securities and Exchange Commission (SEC) has taken the surprising action of launching lawsuits against Binance and Coinbase, two of the largest cryptocurrency exchanges globally. This sudden move has sparked widespread reaction from industry insiders, raising concerns about the impact these actions may have on crypto innovation […]
Major takeaways from a16z’s 2023 State of Crypto report
A new report from Andreessen Horowitz (a16z), the Silicon Valley venture capital firm, highlights the continued growth and development of the crypto industry. Despite market fluctuations, the report indicates that the industry is steadily progressing toward greater adoption and innovation. The report, titled “State of Crypto,” provides insights into the current state of the crypto […]
Crypto will go mainstream in the UK in 10 years – Survey
TL; DR Breakdown UK survey shows consumers and businesses like cryptos Effective regulations will improve adoption Digital assets will go mainstream in under a decade Crypto adoption in the UK could switch to mainstream gear within a decade. That’s according to the findings of a recent survey conducted by Bitstamp Crypto Pulse. The survey targeted […]
