Crypto

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On Thursday, Bitcoin underwent a slight push to the $87,000 threshold as the entire crypto market gained traction following key news and developments in the sector. After the brief surge, the flagship seems to be losing steam. BTC’s price may…

Source: Coin Tegraph John Reed Stark, the former director of the Office of Internet Enforcement at the United States Securities and Exchange Commission (SEC), pushed back against the idea of regulatory reform at the first SEC crypto roundtable. The former regulator said the Securities Act of 1933 and 1934 should not be changed to accommodate…

Source: Coin Tegraph A Super PAC network funded by the crypto industry is poised to back two Republican candidates for the United States House of Representatives in Florida’s April 1 special elections, according to a March 21 report by Politico. The network includes Fairshake, Defend American Jobs and Protect Progress. Defend American Jobs will start…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Latest reports indicate a dramatic shift in the Dogecoin investor profile, with fewer people holding cryptocurrency worth $1 million or more. The change takes place as the overall cryptocurrency market is experiencing corrections and price swings, impacting the net worth…

Source: Coin Tegraph America’s pro-crypto policy shift has become a bipartisan commitment as Democrats and Republicans look to secure the US dollar’s influence as a global reserve currency. According to US Representative and California Democrat Ro Khanna, at least 70 of his fellow party members now understand the importance of stablecoin regulation.  According to Khanna,…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US Securities and Exchange Commission (SEC) has clarified its stance on proof-of-work (PoW) mining, ruling that Bitcoin (BTC) mining activities do not fall under the definition of securities trading as per US law.  This long-awaited statement provides essential clarity…

Source: Coin Tegraph The government of Nigeria is still open to crypto businesses operating in the country despite the ongoing lawsuit against crypto exchange Binance and the high-profile detention of Binance executive Tigran Gambaryan. Nigerian Information Minister Mohammed Idris told Semafor that many crypto businesses operate inside the country that are not facing litigation or…

Source: Coin Tegraph Coinbase is in advanced talks to buy Deribit, a cryptocurrency derivatives exchange, according to a March 21 report by Bloomberg. Acquiring Deribit — the world’s largest venue for trading Bitcoin (BTC) and Ether (ETH) options — would bolster Coinbase’s existing derivatives platform, which currently focuses on futures.  Coinbase and Deribit have reportedly…

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In an emotionally charged livestream, Cardano founder Charles Hoskinson responded to escalating accusations of academic misconduct and broader claims that the project is a scam. The 36-minute stream, directly countered critics while providing a detailed defense of Cardano’s scientific foundation,…

Source: Coin Tegraph The US Treasury Department has dropped cryptocurrency mixer Tornado Cash from its sanctions list, the agency said on March 21.  The removal follows a January ruling by a US appeals court, which said the Treasury’s Office of Foreign Assets Control (OFAC) cannot sanction Tornado’s smart contracts because they are not the property…