šŸ” CryptMarket Analysis — 5-9-18

Crypto markets are trading with heightened caution as Bitcoin stabilizes around $110,900 and Ethereum slips to $4,330, with investors weighing macroeconomic risks and awaiting U.S. jobs data. Institutional flows in Dogecoin are picking up, reflecting active participation from market makers and he... ... Read full CryptMarket Analysis — 5-9-18

FBOT registry won't bring offshore crypto exchanges to the US — Attorney

FBOT registry won't bring offshore crypto exchanges to the US — Attorney

The recent Commodity Futures Trading Commission (CFTC) advisory on offshore exchanges serving US residents under the Foreign Board of Trade (FBOT) framework won’t bring offshore crypto exchanges back to the US, according to Eli Cohen, general counsel at real-world asset (RWA) tokenization company Ce…

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, a Bitcoin analyst is not convinced that Bitcoin will peak at the end of this year, US regulators are exploring a shift to 24/7 capital markets and new rules for crypto derivatives. Meanwhile, Sora Ventures unveiled a $1 billion Bitcoin treasury fund.Bitcoin traders tipping Q4 price …

Litecoin feuds with influencer, trades barbs over price...and hairline

Litecoin feuds with influencer, trades barbs over price...and hairline

A playful spat between the official social media account of cryptocurrency Litecoin and crypto influencer Benjamin Cowen has grabbed the attention of the broader crypto community heading into the weekend.ā€œYour head reminds me of the great recession,ā€ Litecoin, the 21st-largest cryptocurrency by mark…

Bitwise CIO: Bitcoin Should Be $200K Already By now, But!

Bitwise CIO: Bitcoin Should Be $200K Already By now, But!

Bitcoin has been struggling to break past the $112,000 mark, leaving many investors frustrated. But according to Matt Hougan, Bitwise Chief Investment Officer, the story isn’t about Bitcoin’s weakness, it’s about powerful forces holding it back.Ā In a recent interview with CoinDesk, he boldly said, ā€œā€¦

Senate crypto bill adds clause to keep tokenized stocks as securities

Senate crypto bill adds clause to keep tokenized stocks as securities

The US Senate updated its crypto market structure bill on Friday, adding a key provision to clarify how tokenized assets are regulated.The new clause would ensure that stocks and other securities remain classified as securities when tokenized on a blockchain, avoiding potential confusion over whethe…

Senator Cynthia Lummis Pushes New Crypto Bill to Clarify SEC and CFTC Roles

Senator Cynthia Lummis Pushes New Crypto Bill to Clarify SEC and CFTC Roles

U.S. Senators introduced an updated draft of the market structure bill on Friday, aiming to bring more clarity to digital assets and cryptocurrencies.One of the most notable changes is that stocks and securities will not be treated as commodities if they are tokenized. The bill also excludes certain…

50,000,000 ADA Dumped in Past 48 Hours – Whale Sentiment Pivot?

50,000,000 ADA Dumped in Past 48 Hours – Whale Sentiment Pivot?

Cryptocurrency trader and analyst Ali Martinez has shared with the crypto community that whales have been dumping ADA, disposing of massive amounts of Cardano’s native coin.This coin sell-off aligned with a 4.35% ADA price decline as it fell from $0.84. However, over the past 24 hours, Cardano’s nat…

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, Sora Ventures launched $1 billion Bitcoin treasury fund, backed by $200 million from institutional partners, to accelerate corporate adoption of Bitcoin within six months. An SEC investigation has revealed that their IT department inadvertently deleted a year’s worth of sensitive te…

SEC, CFTC seek to ā€˜harmonize’ on DeFi, perps contracts and more, plan roundtable later this month

SEC, CFTC seek to ā€˜harmonize’ on DeFi, perps contracts and more, plan roundtable later this month

The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission have doubled down on their message to the crypto industry earlier this week byĀ announcing a roundtable set for the end of September where they will discuss bringing "novel and innovative products" back to Americ…

SEC Spent $53,000 After Gary Gensler’s Texts Vanished: Report

SEC Spent $53,000 After Gary Gensler’s Texts Vanished: Report

Nearly a year’s worth of text messages from former U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler were permanently deleted due to a string of technology and management failures inside the agency, according to a new report from the SEC’s Office of Inspector General (OIG).What Happen…