To build a regulatory framework and introduce clear regulations and standards for the crypto business. The US Financial Services Committee will vote in the coming weeks on a comprehensive digital asset bill. This comes after a hearing held by the House Financial Services Committee on clarifying the framework and regulation
Damus, a decentralized social networking software, has been threatened with removal from the Apple App Store until its developers alter the program to comply with Apple’s guidelines. According to a tweet from the project, Apple has requested an update from Damus within 14 days of the date of communication to
Bitcoin (BTC) balance on centralized exchanges plummets to its 5-year-low amid the regulatory combat of Binance and Coinbase with the SEC. According to the on-chain data from Santiment, approximately 1,241,710 BTC are on the exchanges — the lowest since November 2018. 📉 #Bitcoin's exchange supply has now fallen to its
In a riveting twist, the last 30 days in the cryptocurrency market have been nothing short of a roller-coaster ride. Notably, a handful of coins have seen significant volatility, causing a seismic shift in rankings and market dynamics. Flexing the Volatility Muscle At the top of the list, FLEX outshines
The U.S. Securities and Exchange Commission has continuously filed lawsuits against the top crypto exchanges, including the world’s largest crypto exchange, Binance. After the lawsuit, Binance gained a lot of support from the crypto community. Binance and CZ have been selling spot Bitcoin at an alarming rate, to defend the
In an ongoing motion, the House Financial Services Committee has called upon Congress to establish a consistent and clear regulatory framework for digital assets, emphasizing the need for regulatory certainty in the ever-evolving landscape. The motion highlights the jurisdictional challenges between the Securities and Exchange Commission (SEC) and the Commodity
U.S. Consumer Price Index (CPI) numbers for May 2023 were issued by the Bureau of Labour Statistics on Tuesday. The authorities said that the CPI for all urban consumers grew 0.1% in May after adjusting for seasonal factors and increased by 4% over the previous 12 months. As a result,
Keeping an eye out for price analysis, and predictions can help investors get valuable insights and can even aid in their decision-making process. Many of them have, as a result, turned to the AI-powered chatbot known as Google Bard to see how some of the most notable cryptocurrencies will perform,
The Bitcoin button game, initially launched by Binance last year, has returned due to its immense popularity. Binance, a leading cryptocurrency exchange globally, continues to offer engaging initiatives that allow users to stay active and earn free rewards. The return of #BitcoinButton! One #Bitcoin, One Button, One Winner. How to
After an intense episode of altcoins’ crash, cryptocurrency prices display their recovery rallies. Most importantly, Bitcoin’s (BTC) price marked its retracement into the $26,000 zone. Last week, Bitcoin recorded its lowest weekly closing over the past 3 months. According to the data from TradingView, the BTC price closed at $25,350.
