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Bitcoin’s Flash Crash Below $66K and Rebound Above $68K Following Biden’s Election Decision
21.7.2024
On Sunday at 4:30 p.m. EDT, bitcoin (BTC) is trading between $67,968 to $68,108 per unit, following a flash dip to $65,833 per coin after U.S. President Joe Biden announced his withdrawal from the 2024 election. The volatility on July 21 led to the liquidation of $37.32 million in bitcoin long...
President Biden Announces Decision to Not Seek Reelection (Copy of Letter)
21.7.2024
UK Court Reverses Bitcoin Whitepaper Decision Against Cobra
16.7.2024
The UK court has set aside all judgments against Cøbra, the pseudonymous operator of Bitcoin.org. It is based on the long-running copyright dispute over the Bitcoin whitepaper. This decision marks a major shift in the legal battle initiated by Craig Wright, who claims to be Satoshi Nakamoto,...
Hiro Systems Applauds SEC Decision to Close Stacks Investigation
12.7.2024
The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Stacks, a Bitcoin scaling network, and its original developer, Hiro Systems, with no recommended enforcement actions. This investigation began in 2021 despite claims by network contributors that Stacks’...
Polymarket Odds of Biden Dropping Out Spike to 61% After Pelosi Urges 2024 Decision
10.7.2024
On Wednesday, former U.S. House Speaker Nancy Pelosi urged President Joe Biden to decide soon on whether to run, stating that “time is running short.” Following this, Polymarket bets surged to 61% in the afternoon, reflecting the odds of Biden stepping down. Currently, those odds have...
Crypto won big in the Supreme Court's Loper Bright decision
10.7.2024
The Supreme Court ended the Chevron doctrine in June — significantly undermining the Securities and Exchange Commission's ability to stand athwart crypto
Israel Decision on Digital Shekel Won't Occur Before the EU's Call on Digital Euro: Reuters
10.7.2024
The Bank of Israel won't decide whether to launch a central bank digital currency before the European Union does, Deputy Governor Andrew Abir told Reuters
Uniswap cites Chevron in another urge for SEC to drop bid to rule over DeFi
10.7.2024
Uniswap Labs argues the SEC’s proposed legal amendments to give it power over DeFi are being made against “a legal backdrop that no longer exists.”
Fed’s Minutes Report Cites High Inflation and Economic Risks in Decision to Hold Rates
4.7.2024
According to the minutes from the Federal Reserve’s Federal Open Market Committee (FOMC), the choice to maintain the federal funds rate in its current range was driven by concerns about ongoing inflation and economic instability. Economic Instability and Inflation Keep Fed Rates Steady At...
Bitcoin traders say BTC’s trend change decision rests at $65K
2.7.2024
Bitcoin’s trend change decision awaits at $65,000 where short-term traders breakeven and leveraged shorts risk a major washout
Supreme Court’s Chevron Decision Curtails SEC Chair Gensler’s Regulatory Abuses, Says Congressman
2.7.2024
Congressman Tom Emmer has stated that the Supreme Court’s decision to overturn Chevron deference significantly limits “the regulatory abuses” of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. The ruling is seen as a game changer for the crypto industry and other...
Australian Regulator Appeals Court Decision Exempting Block Earner From Penalty
20.6.2024
Australian Securities and Investments Commission (ASIC) stated on Tuesday that it had appealed the federal court’s decision to relieve Web3 Ventures Pty Ltd., trading as Block Earner, from liability to pay a penalty for offering unlicensed financial services through its crypto-related Earner...
Bitcoin and altcoins react to FED’s rate decision: Latest data on liquidations
13.6.2024
Bitcoin, the poster child of decentralization, is always on the radar of centralized institutions. Despite its decentralized nature, BTC price movements are affected by regulatory changes, affecting the Altcoins that are heavily dependent on Bitcoin. Clarity in regulatory news can often increase...
Bitcoin hits lowest ahead of rate cut decision by the Federal Reserve
11.6.2024
Bitcoin was last seen dipping to a new weekly low. Initial reports showed a figure of $68,500. However, when writing this article, BTC has plummeted to a lower value of $67,216.81. That comes to a 3.07% dip in the last 24 hours and a drop 2.30$ in the last 7 days. Bitcoin enthusiasts are not …
Bitcoin eyes $89,200 as Fed Rate cuts decision looms
10.6.2024
As the Federal Reserve’s decision on potential rate cuts approaches, market analysts are closely watching its impact on Bitcoin (BTC) prices. The anticipation of a more accommodative monetary policy has fueled speculation that Bitcoin could soon reach a new local high of $89,200. The Federal...
SEC Ethereum ETF decision unlikely driven by politics: Bernstein
4.6.2024
Bernstein analysts Gautam Chhugani and Mahika Sapra believe the United States securities regulator likely approved the spot Ether ETFs to avoid a legal battle
One-Third of U.S. Voters Prioritize Political Candidates’ Stance on Crypto: Harris Poll
28.5.2024
One in three voters in the United States considers a candidate's position on cryptocurrencies before making their voting decision.
The post One-Third of U.S. Voters Prioritize Political Candidates’ Stance on Crypto: Harris Poll appeared first on Cryptonews
Bitcoin Price Prediction as Biden’s Decision on SEC Crypto Rules Looms – Will BTC Rally?
27.5.2024
As President Biden nears a decision on SEC crypto regulations, Bitcoin's cautious market response sees a minor drop to $68,400.
The post Bitcoin Price Prediction as Biden’s Decision on SEC Crypto Rules Looms – Will BTC Rally? appeared first on Cryptonews
US courts to handle Coinbase Dogecoin sweepstakes disputes
24.5.2024
Justice Neil Gorsuch emphasized that arbitration is a matter of contract and parties can agree to have an arbitrator resolve threshold arbitrability questions
SEC’s ETF decision means ETH and ’a lot’ of other tokens are not securities
24.5.2024
That doesn't mean the securities regulator can't still pursue action against actors in the staking domain, industry analysts and lawyers warn