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The Chairman of the U.S. Securities and Exchange Commission (SEC) says that Ethereum (ETH)-based exchange-traded products (ETFs) should be approved by the regulatory agency by the end of the summer.
Speaking at a recent US Senate hearing, SEC Chair Gary Gensler says that while the SEC partially approved Ethereum ETFs earlier this year, they won’t be fully approved until at least a few months.
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The Federal Deposit Insurance Corporation (FDIC) says a former US bank employee has admitted to stealing thousands of dollars from customers’ accounts.
The FDIC accuses Derrick Alan Smith of directly or indirectly violating laws and recklessly engaging in unsound and unsafe practices while working as a branch banker at the North Carolina-based lender Truist Bank.
In a new enforcement notice, the...
CryptoQuant chief executive Ki Young Ju thinks the US Bitcoin (BTC) market is in the driver’s seat regarding the immediate future of crypto prices.
Young Ju tells his 347,300 followers on the social media platform X that the US Bitcoin market “is more important than offshore global markets for the next leg up.”
“Stablecoins are often seen as global offshore buy-side liquidity. Their market cap...
A widely followed crypto analyst says that one artificial intelligence (AI)-focused altcoin looks strong while updating his outlook on decentralized finance (DeFi) platform Injective (INJ) and memecoin Pepe (PEPE).
In a new video update, crypto trader Jason Pizzino tells his 328,000 YouTube subscribers that even though graphics processing unit (GPU) rendering blockchain Render (RNDR) looks strong...
Leading US-based crypto exchange Coinbase has launched a new initiative aimed at introducing crypto as an alternative payment system for small businesses.
In a statement, Coinbase says it is teaming up with the pizza-ordering platform Slice for a special sweepstakes that’s designed to put money back into the hands of small businesses.
The initiative, which runs through June, offers consumers the...
A new report says that the U.S. Securities and Exchange Commission (SEC) has reached a multi-billion dollar settlement with the crypto firm that played a major role in kicking off the FTX implosion.
According to Reuters, the SEC has reached a $4.47 billion settlement with Terraform Labs after the stablecoin firm was found liable for defrauding investors of $40 billion in the 2022 TerraUSD and...
A popular crypto analyst says that one key technical indicator is suddenly signaling Bitcoin (BTC) could go on a parabolic surge.
Pseudonymous analyst TechDev tells his 458,300 followers on the social media platform X that the Chaikin Money Flow (CMF) metric now suggests Bitcoin could print a blow-off top this cycle.
In technical analysis, a blow-off top is a chart pattern showing a sudden rise...
Ethereum (ETH)-based decentralized finance (DeFi) protocol UwU Lend just suffered a security breach that siphoned $23 million worth of crypto from its platform.
In a post on social media platform X, the team behind UwU Lend says the protocol will be paused until the investigation of the exploit has concluded.
“Yesterday UwU Lend was the target of an exploit involving a sophisticated attack. The...
A macro analyst at the investment giant Fidelity thinks there needs to be a sustained spike in money supply to bolster the argument that Bitcoin (BTC) and gold are stores of value that hedge against government-induced inflation.
Jurrien Timmer, the director of global macro at Fidelity, notes on the social media platform X that sustained increases in the money supply tend to produce inflation,...
A widely followed cryptocurrency analyst and trader believes that Bitcoin (BTC) could reach a six-figure price over the short to medium term.
The analyst and trader pseudonymously known as Altcoin Sherpa tells his 217,000 followers on the social media platform X that Bitcoin could appreciate to over $100,000 “later this year” – a potential gain of at least 48% from the current price.
According...