Cryptocurrency

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Cryptocurrency
SEC Cracks Down on Binance.US for Operating as Unregistered Securities Exchange: Will Cryptocurrency Survive Regulatory Onslaught?

The Securities and Exchange Commission (SEC) in the United States has taken action against Binance.US, accusing the cryptocurrency exchange of operating as an unregistered securities exchange. The move comes as part of a wider regulatory crackdown on the cryptocurrency industry,…

Cryptocurrency
Supercharging Cryptocurrency Services: Coinbase Acquires One River Digital Asset Management

Coinbase, one of the world’s largest cryptocurrency exchanges, has announced its acquisition of One River Digital Asset Management, a digital asset management firm with over $2.5 billion in assets under management. The acquisition marks Coinbase’s latest move to expand its…

Cryptocurrency
Banking System Unlikely to be Impacted by Silvergate Crypto Disaster

Silvergate Capital Corporation, a leading provider of innovative financial infrastructure solutions and services for the digital currency industry, saw its stock drop over 50% in a single day following the company’s announcement of its financial results for the fourth quarter…

Cryptocurrency
New Survey Shows 20% of Americans Own Cryptocurrency, With Bitcoin Leading the Way

Coinbase, one of the largest cryptocurrency exchanges in the world, recently conducted a national survey of 2,000 American adults to gauge the adoption and perception of cryptocurrencies in the United States. The results of the survey suggest that cryptocurrency ownership…

Altcoins
BitTorrent Collaborates with Huobi to Develop Promising L2

Huobi, a crypto exchange headquartered in Singapore, announced that it will join the BitTorrent Chain (BTTC) ecosystem and support the development of a Layer 2 network on BTTC. The collaboration will promote an on-chain open financial system. This partnership will…

Cryptocurrency
United Arab Emirates(UAE) to Establish Exclusive Free Zone for Digital and Virtual Asset Companies(Crypto Valley)

Ras Al Khaimah (RAK), one of the seven emirates of the United Arab Emirates (UAE), is set to launch a free zone (Crypto Valley) dedicated exclusively to digital and virtual asset companies. The initiative aims to attract entrepreneurs and businesses…

Cryptocurrency
Currency Financial System doesn’t work for everyone – Coinbase CEO

Brian Armstrong, the co-founder and CEO of Coinbase, recently published an op-ed on CNBC titled “Offshoring Crypto Hurts the Financial System and America’s Geopolitical Standing”. In the op-ed, Armstrong raises the question of whether policymakers should enact real legislation in…

Crypto Exchange
Robinhood Launches Crypto Wallet for iOS with Support for Bitcoin, Ethereum, Dogecoin, SHIB, and Polygon

Robinhood, the popular trading app, has announced the launch of a cryptocurrency wallet for iOS users supporting six crypto tokens, including Bitcoin, Ethereum, Dogecoin, SHIB and Polygon (MATIC) tokens. This move is part of Robinhood’s efforts to expand its offerings…

Cryptocurrency
Reserve Bank of Australia Takes a Step Closer to CBDC with eAUD Pilot Phase

The Reserve Bank of Australia (RBA) has announced plans to launch a pilot program for a central bank digital currency (CBDC), which will be led by former Ripple executive, Dilip Rao, and in collaboration with the Digital Finance Cooperative Research…

Bitcoin Price Analysis
Bitcoin (BTC), Ethereum (ETH), Polkadot (DOT), and Cosmos (ATOM) Price Analysis for the Week

The Crypto Total Market Capitalization closes –at 2.75% last week, which as a result caused a sell-off in the Altcoin market. The Altcoin Market Capitalization aka Others Market cap closes at -5.69% last week. In this article, I will share…