Category: Crypto
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Senate Passes Bill to Overturn SEC Rule on Bitcoin And Crypto Custody, Biden Threatens Veto
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Moments ago, the Senate passed HJRes legislation. 109 would repeal the SEC’s Staff Accounting Bulletin (SAB) No. 121, preventing highly regulated financial companies from sponsoring Bitcoin and other cryptocurrencies. The legislation passed by a vote of 60 to 38, showing bipartisan support for the measure. BREAKING: ?? Legislation that would…
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Is Dogecoin About to Take Off? Indicators Suggest Upward Momentum Ahead
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Dogecoin corrected gains and tested the $0.150 area against the US dollar. DOGE is now forming a base and may start a new increase above $0.1520. DOGE price jumped towards $0.160 before correcting gains. The price is trading above the $0.150 level and the 100 hourly simple moving average. There…
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Senate approves reversal of SEC crypto custody bulletin
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The US Senate has passed a measure to repeal the Securities and Exchange Commission’s (SEC) circular on cryptocurrency custody standards, and now awaits an expected veto from President Joe Biden. Senate vote Voting ended on Thursday with a majority of 60 votes to 38, which is less than the two-thirds…
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Senate approves reversal of SEC crypto custody bulletin
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The US Senate has passed a measure to repeal the Securities and Exchange Commission’s (SEC) circular on cryptocurrency custody standards, and now awaits an expected veto from President Joe Biden. Senate vote Voting ended on Thursday with a majority of 60 votes to 38, which is less than the two-thirds…
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Internet Computer Protocol (ICP) Unveils New Roadmap for Decentralized AI and Chain Interoperability
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The Internet Computer Protocol (ICP) for the decentralized blockchain network has released a new roadmap for driving decentralized artificial intelligence (DeAI) and blockchain integration into the web3 space. According to an official statement sent to CryptoPotatoICP unveils its fourth-year Internet Computer Roadmap to celebrate the third anniversary of the launch…
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Internet Computer Protocol (ICP) Unveils New Roadmap for Decentralized AI and Chain Interoperability
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The Internet Computer Protocol (ICP) for the decentralized blockchain network has released a new roadmap for driving decentralized artificial intelligence (DeAI) and blockchain integration into the web3 space. According to an official statement sent to CryptoPotatoICP unveils its fourth-year Internet Computer Roadmap to celebrate the third anniversary of the launch…
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Absent Since FTX 2022 Downfall, Sam Trabucco Breaks Silence With Letter Of Endorsement
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In a recent development, Sam Trabucco, a key figure in Sam Bankman Fried’s inner circle, has resurfaced after being absent from the public eye following the collapse of cryptocurrency exchange FTX in late 2022. According to Per Bloomberg, Trabucco has come forward to support Ryan Salame, another former FTX executive…
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Absent Since FTX 2022 Downfall, Sam Trabucco Breaks Silence With Letter Of Endorsement
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In a recent development, Sam Trabucco, a key figure in Sam Bankman Fried’s inner circle, has resurfaced after being absent from the public eye following the collapse of cryptocurrency exchange FTX in late 2022. According to Per Bloomberg, Trabucco has come forward to support Ryan Salame, another former FTX executive…
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The Great Script Restoration: A Path Forward For Bitcoin
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Bitcoin was initially designed with a fully fleshed out scripting language, intended to encompass and support any potential safe use case that users could come up with in the future. As Satoshi himself put it before he disappeared: “The nature of Bitcoin is such that once version 0.1 was released,…
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Bitcoin Price Consolidates Gains: Stability in the Crypto Market Amid Recent Surge
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Bitcoin price rose and tested the $66,500 area. BTC is now consolidating gains and may attempt another surge towards $67,500. Bitcoin started the consolidation phase from the $66,500 resistance area. The price is trading above $65,000 and the 100 hourly simple moving average. There is a major uptrend line forming…
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Tornado Cash developer appeals verdict, KOLs slam Dutch system
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Tornado Cash developer Alexei Burtsev has reportedly appealed the conviction in the Netherlands, a case that has sparked a broader discourse about cryptocurrency privacy. Burtsev and his legal team, led by attorney Keith Cheng, have reportedly filed an appeal against the 64-month prison sentence for allegedly facilitating more than $2.2…
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Senate Passes Bill To Scrap Anti-Crypto Banking Policy
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The US Senate passed a resolution on Tuesday to overturn a de facto ban preventing banks in the country from offering cryptocurrency custody services. The vote sparked cautious optimism from Bitcoin’s most ardent supporters online and in Congress, who remain wary of the possibility of a presidential office veto. Will…
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Senate Passes Bill To Scrap Anti-Crypto Banking Policy
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The US Senate passed a resolution on Tuesday to overturn a de facto ban preventing banks in the country from offering cryptocurrency custody services. The vote sparked cautious optimism from Bitcoin’s most ardent supporters online and in Congress, who remain wary of the possibility of a presidential office veto. Will…
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Analyst Says Dogecoin Is Set To Breakout: How This Could Trigger Another Meme Coin Mania
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Dogecoin is once again seeing an uptrend after Bitcoin rebounded above $66,000, which in turn sparked a recovery in the broader cryptocurrency market. Cryptocurrency analyst Crypto Scient predicts that this bull trend will continue moving forward and eventually lead to the beginning of another meme coin mania. Dogecoin is set…
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The Bitcoin Ponzi Scheme Paradox
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“Ponzi scheme” has become a byword for all manner of financial frauds and monetary scams. When a rapid six month collapse erased $2T (trillion) from crypto market capitalization in 2022, mainstream media outlets were quick to again label cryptocurrencies, including Bitcoin, Ponzi schemes. Writing in the Chinese People’s Daily online…
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Fetch.AI Soars 14.5% As AI Tokens Surge, Can FET Reach $4?
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Today, the cryptocurrency market is up 5.1%, with a total market cap of $2.3 trillion. The recent pump has propelled various sectors, with memecoins up 9% and artificial intelligence (AI) tokens up 11.2% over the past 24 hours. Related reading Fetch.AI (FET) is at the forefront of the AI sector…
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Pump.fun platform on Solana faces potential exploit
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Ongoing investigations reveal that Solana-based platform Pump.fun, which facilitates token launches, was exploited by flash loans to manipulate its correlation curve. Gotbit Hedge Fund Putting a mark concerns on social media, saying: “Pumpfun may be under attack. This wallet ?SolScan link) buys all tokens on Pumpfun within minutes to fill…
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Ethereum Can’t Stop Losing Ground To Bitcoin
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More than 19 months after Ethereum’s landmark Merge upgrade, the data is clear: the network’s native asset, Ethereum (ETH), is not keeping up with Bitcoin (BTC). The ETH/BTC price ratio hit a three-year low on Thursday at 0.044, with Ether last seeing less market dominance versus Bitcoin appearing in May…
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Ethereum Can’t Stop Losing Ground To Bitcoin
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More than 19 months after Ethereum’s landmark Merge upgrade, the data is clear: the network’s native asset, Ethereum (ETH), is not keeping up with Bitcoin (BTC). The ETH/BTC price ratio hit a three-year low on Thursday at 0.044, with Ether last seeing less market dominance versus Bitcoin appearing in May…
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CME Group Plans To Launch Bitcoin Spot Trading, Targeting Wall Street Demand
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According to the Financial TimesThe Chicago Mercantile Exchange (CME) Group, the world’s largest futures exchange, is reportedly in discussions to introduce spot trading for Bitcoin (BTC). The move aims to capitalize on growing demand among Wall Street money managers seeking exposure to the cryptocurrency sector. The move represents an important…