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Tag: Crypto regulation

Major Altcoins Fall 20% After SEC Lawsuit

Major altcoins fall by 20% after SEC lawsuit

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In Brief: Tokens of major blockchain networks slid more than 20% in the past 24 hours. The slide is likely due to a risk-off event that followed the SEC’s lawsuit against Binance and Coinbase. Solana (SOL), polygon (MATIC), and Cardano (ADA) fell as much as 25% within hours. Bitcoin has managed to hold up relatively well due to its dominance in the crypto market. Some speculate that a major crypto fund may have sold its...

Altcoins, Bitcoin, Crypto regulation, Front page, Main, News

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Austin Campbell

Austin Campbell: I think we can do better in America

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Austin Campbell, former chief risk officer for stablecoin firm Paxos, recently spoke at a U.S. Subcommittee on Digital Assets, Financial Technology, and Inclusion hearing. He expressed concern that the lack of stablecoin regulation in the United States could push issuers out of the country. Campbell stated that other countries such as Singapore, Dubai, Abu Dhabi, and the United Kingdom have already proposed frameworks for stablecoins that...

Crypto regulation, Cryptocurrencies, People in crypto

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Barney Frank

Barney Frank: Signature Bank’s closure was a message that “Crypto is toxic.”

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Barney Frank’s Claims An ex-congressman and the man behind the Dodd-Frank Act, Barney Frank, has said that Signature Bank was shuttered in part to attack the digital asset industry. The former lawmaker, who is also a Signature Bank board member, said that regulators targeted the bank to send an “anti-crypto message.” Third-Largest Bank Failure in U.S. History Signature Bank’s closure marks the third-largest bank failure...

Bankruptcy, Crypto regulation, Cryptocurrencies, People in crypto, Signature Bank, Silicon Valley Bank (SVB)

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Keanu Reeves

Keanu Reeves: “The principles and ideas behind an independent currency are amazing”

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Keanu Reeves is not just an accomplished actor but also an advocate of cryptocurrency. In a recent interview, the Hollywood star talked about how much he liked the ideas and principles behind an independent currency and how important it was to improve its ways of keeping people safe. The Value of Crypto Reeves’ interest in cryptocurrencies goes beyond their market value. He thinks that crypto is an alternative to the traditional...

Bitcoin, Crypto adoption, Crypto regulation, Cryptocurrencies, Hacks, People in crypto

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Crypto Today - crypto market corrects; bitcoin ordinals; celebrity clout

Crypto Today: crypto market corrects; bitcoin ordinals; celebrity clout

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Crypto Correction Even as the S&P 500 hits new highs, the crypto market as a whole keeps going down, which worries investors. Stablecoins are about to be regulated, and regulators just cracked down on them. This has made investors even more nervous, but George Soros’s recent investments in MicroStrategy and Marathon Digital have given them some hope. Professional traders are advised to monitor Bitcoin derivatives metrics and...

Bitcoin, Crypto adoption, Crypto regulation, Cryptocurrencies

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