The administration of President Joe Biden has recently released a regulatory framework for digital assets, but key participants in the space do not believe it adequate. A fact sheet describing the steps taken to regulate the cryptocurrency industry was made public by the White House on Friday. Despite prior requests for a uniform regulatory framework,…
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Ethereum has successfully made its historic transition to Proof-of-Stake, but the asset’s price action is not responding favorably to the move, partly due to SEC Chair Gensler’s recent comments on staked assets being regarded as securities. Following years of anticipation, the crypto community has been greeted by the Ethereum Merge. The event has often been…
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During the European session, the XRP price is up 7.5%, bringing nostalgic price action back to the market. More than 4.3 million unique addresses now hold XRP, Ripple’s native token. Despite facing its own set of difficulties and the persistent Crypto Winter that has driven several assets to multi-month lows, the XRP coin has reached…
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First things first, you all know the big news, let’s say it together: Ethereum went through The Merge! Speaking of which, check out why The Merge may create a huge centralization problem, why it matters for Ethereum’s health that Lido thrives as a censorship-resistant entity, what awaits the miners along with the top 5 trends…
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According to a recently leaked recording stemming from the bankrupt crypto lender Celsius, the business is attempting to revive the company after falling into a financial burden. Following the leak, a Southern District of New York bankruptcy judge appointed a third-party examiner to review the company’s finances. Celsius is also attempting to sell a stash…
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Ethereum continued to fall on Saturday, as the token’s post-Merge sell-off intensified to start the weekend. Prices of the world’s second largest cryptocurrency fell to their lowest level since July, as bearish sentiment in the market remained high. Bitcoin was also lower today, once again trading below $20,000. Bitcoin Bitcoin (BTC) was once again trading…
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The White House has now released what it called its “first-ever” comprehensive framework for the responsible development of digital assets just over six months after U.S. President Joe Biden signed an executive order on the same matter. However, one crypto industry leader has lamented the lack of clarity and understanding of the technology in the…
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Critics claimed the Biden administration’s reports focused on environmental concerns over crypto’s energy consumption and illicit uses rather than the technology’s benefits. Members of the crypto space and advocacy groups reacted to United States President Joe Biden’s administration releasing a regulatory framework on digital assets, with many suggesting the White House focused on the potential…
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Decentralized finance still has a way to go before it can attract institutional capital. Meanwhile, Fireblocks has become a 9-figure revenue-generating company. Cryptocurrency has converted another veteran of Wall Street after ex-Morgan Stanley executive Kevin Lepsoe launched a new platform for decentralized finance (DeFi). His new firm, Infinity Exchange, received a nice injection of seed…
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Saylor underscored the high maintenance costs and taxes linked with owning and inheriting physical property over the long term, which in the case of Bitcoin, does not exist. MicroStrategy CEO and Bitcoin (BTC) advocate Michael Saylor doubled down on his support for Bitcoin as he explained the issues related to transferring the value of physical…
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