Bitcoin has been trending downwards since reaching peak levels in March. Recent declines suggest a lack of buying interest at lower levels. Continue Reading: Bitcoin Faces Prolonged Consolidation Period
The Blockchain Integrity Act, a piece of legislation that seeks to put a 2-year moratorium on using cryptocurrency mixers, was introduced by U.S. Congressman Sean Casten on March 7 in the U.S. House of Representatives. Co-sponsored by Reps. Bill Foster, Brad Sherman, and Emanuel Cleaver, the bill proposes to conduct a study on the issue
The SEC rejected Coinbase's appeal request regarding applying traditional securities rules to cryptocurrencies.
ARK 21Shares Ethereum ETF is based on this, excluding proof of stake due to SEC concerns about its classification as a security.
The post Mark Cuban Urges CFTC Regulation of ‘All Crypto’ Ahead of US Election appeared first on Coinpedia Fintech News Billionaire investor Mark Cuban advocates for the Commodities Futures Trading Commission (CFTC) to regulate “all crypto”. This move aims to address concerns of vocal crypto voters and potentially strengthen President Joe Biden’s reelection bid. The plea by Cuban for regulatory clarity emerges amidst a tense scenario, as SEC Chair Gary Gensler faces criticism for his …
The post Bitcoin Price Tumbles to $60,890: Expert Predictions on the Next Big Move appeared first on Coinpedia Fintech News Bitcoin fell sharply on May 10, from $62,813 to $60,890 in one hour. Many bullish investors were forced to sell their assets at a loss after the price drop. Following weeks of investor skepticism and unpredictable market conditions, experts believe the crypto market is consolidating. Bitcoin (BTC) has fallen since its March all-time high, with …
The post SEC Responds to Third Circuit APA Challenge, Asserts No Obligation to Explain Policy Decision appeared first on Coinpedia Fintech News The U.S. Securities and Exchange Commission (SEC) has issued its response to the Third Circuit APA challenge regarding their refusal to pursue notice-and-comment rulemaking. Their stance continues to be firm, stating “no additional explication is required to understand the Commission’s policy decision.” According to critics, the SEC’s response merely reiterates the assertion that the present …
According to the findings of a Coingecko study, low-float cryptos currently account for 21.3% of the top 300 cryptos by market capitalization. The four cryptos with the lowest float are worldcoin (WLD), cheelee (CHEEL), starknet (STRK), and saga (SAGA) which were all launched in 2023 or 2024. However, among the top 300 cryptos, 74 have
Crypto supporter Mark Cuban warns of crypto's significance in the 2024 election and condemns SEC Chair Gary Gensler's regulatory approach.
In today’s cryptocurrency market, various possibilities to build generational wealth are endless. The list of new projects and technologies is growing each day, and new investors who are looking to earn passively would be confused about which to invest, especially without doing proper research. One project regarded as safe, worthy, and beginner-friendly that has been …