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Federal Reserve Chair Pushes Stronger Measures to Tackle Inflation, Considers Back-to-Back Rate Hikes
1.7.2023
Federal Reserve Chair Jerome Powell has reaffirmed the Fed’s hawkish stance. Noting that the latest economic data indicates that the Fed’s policy “may not be restrictive enough” and “has not been restrictive for long enough,” Powell stated that the central bank could...
Slovakia to Lower Tax on Income From Crypto Holdings
1.7.2023
Lawmakers in Slovakia have adopted legislation that will reduce the tax burden for cryptocurrency holders in the country. Income derived from long-term investments in digital assets will also be relieved from healthcare taxes, the parliamentarians decided. Investors in Slovakia to Pay 7% Tax...
Sudden Crypto Volatility Spurs $216M in Losses, Liquidating Both Long and Short Positions
30.6.2023
Cryptocurrency prices rose early Friday but then dropped sharply following a report that the SEC had deemed recent spot BTC filings inadequate
First Mover Asia: Large Bitcoin Holders Content to Hold Long Positions Amid Regulatory Turmoil
30.6.2023
ALSO: Bitcoin holds steady near $30.4K – unstirred by Fidelity's filing for a spot bitcoin ETF and unexpectedly strong U.S. jobs and productivity data
Bitcoin, Other Digital Assets Surge Late in Q2 on Spot Bitcoin Euphoria
28.6.2023
The spot bitcoin ETF filings by BlackRock and other financial services giants ensured bitcoin would finish Q2 in positive territory. Now the SEC’s decision on the applications will likely play a big role in digital asset prices for the remainder of the year
Bitcoin Prices Topping $31.9K Would Confirm Long-Term Bullish Bias: Fairlead Strategies
27.6.2023
The Ichimoku cloud, created by Japanese journalist Goichi Hosoda in the late 1960s, is used by traders and analysts to monitor momentum and trend direction
Wyoming: Regulatory Clarity and Crypto-Friendly Banks Fuel Blockchain Revolution
27.6.2023
America’s least populous state has passed three dozen laws regulating crypto. That has helped attract crypto, blockchain and Web3 employers and made the No. 7 spot in CoinDesk’s Crypto Hubs 2023 the most crypto-friendly state in an otherwise uncertain U.S. regulatory environment
The Long Awaited Goracle $GORA IDO Is Here
27.6.2023
PRESS RELEASE. Prepare yourself for the highly anticipated public sale of $GORA on June 28th by staying informed and ready. Rest assured, we have all the vital information about the two launchpads, Poolz and Tokensoft, to guide you through the process seamlessly. This concise guide will provide...
How Long Is Final Fantasy XVI?
26.6.2023
Final Fantasy XVI is in some ways a radical departure from the hit Square Enix RPG series’ past and in other ways pulls from its rich history to create a very old-school feeling adventure. So where does it fall in the pantheon of Final Fantasy game lengths? The answer is somewhere in...
Dormant Bitcoin Wallets From 2010 Resurface: 100 Bitcoins Transferred After More Than 12 Years
26.6.2023
Following the spending of 50 bitcoins from 2010 on June 15, after more than 12 years of dormancy, approximately 11 days later, another group of dormant wallets created in 2010 transferred 100 bitcoins worth just over $3 million for the first time in well over a decade. 2023 Records 8 Block Rewards...
Why long-term holders are selling Cardano for the InQubeta presale?
23.6.2023
Recent market analysis has shown a significant price devaluation of prominent cryptos in the DeFi market, such as Cardano (ADA). This results from the Securities and Exchange Commission (SEC) filing a lawsuit against the cryptocurrency and regarding it as an unregistered security. Consequently...
IMF Economists Say Countries Should Address Crypto Demand Drivers Instead of Banning
23.6.2023
The International Monetary Fund’s (IMF) economists have cautioned that banning cryptocurrency “may not be effective in the long run.” Instead of outlawing crypto, they suggest countries should address “the drivers of crypto demand, including citizens’ unmet digital payment needs.”...
Binance.US solves USD withdrawal issues but warns it won't last long
23.6.2023
“While USD withdrawal remains fully operational on the platform today, we expect our banking partners to discontinue that service in the near future,” said Binance.US
Banning crypto ‘may not be effective in the long run’ — IMF
22.6.2023
After proposing a single ledger CBDC payment system, the International Monetary Fund reported on the regulation and use of digital currencies in Latin America and the Caribbean
‘Bitcoin only’ buy-and-hold investment strategy outperforms altcoins over the long term — Analysis shows
22.6.2023
Historical data shows that apart from a few times since 2015 when altcoins outperformed BTC, a ‘Bitcoin only’ investment strategy has fared considerably well
Custodia Bank Founder Caitlin Long: ‘The Fed Thinks Only Large Incumbents Should Service Crypto’
22.6.2023
Caitlin Long, the founder of Custodia Bank, has railed against the favoritism that the Federal Reserve and the institutions of the U.S. financial system are supposedly showing to incumbents. According to Long, regulators have applied double standards when permitting established financial...
Bitcoin, Ether Fall Outside Howey Test Criteria
21.6.2023
As a result, the SEC’s regulatory scrutiny may be more limited in scope
Fed Chair Powell Signals More Rate Hikes This Year as Taming Inflation Has ‘Long Way to Go’
21.6.2023
Federal Reserve Chairman Jerome Powell has signaled more interest rate hikes this year. “Given how far we’ve come, it may make sense to move rates higher but to do so at a more moderate pace,” the Fed chair told U.S. lawmakers. “Inflation pressures continue to run high, and the process of getting...
Prometheum Testimony Raises Doubts: Crypto Community Questions Credibility Amid Regulatory Clarity Hearing
15.6.2023
The crypto community is abuzz with discussions on social media about the recent United States House Committee hearing held on June 13, 2023, which delved into regulatory clarity within the crypto industry. Notably, the co-CEO of an obscure cryptocurrency broker named Prometheum expressed support...
Five Reasons Why Long-term Holders Are Dumping Dogecoin for Doge Rush
15.6.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
The Doge Rush presale is moving ahead at a meteoric pace as investors hoard $DR tokens at a discount in anticipation of a wild bull run later this year. Interestingly, a significant share of...