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The chairman of the Commodity Futures Trading Commission (CFTC) says the US needs a regulatory framework to protect the public from the risks associated with crypto. In his testimony before the U.S. Senate Committee on Agriculture, Nutrition and Forestry’s hearing on the oversight of digital commodities, Rostin Behnam criticized the congress for failing to fill the gap in crypto regulation. “...
A widely followed crypto analyst believes that Bitcoin (BTC) could continue to outperform Ethereum (ETH) even if a spot ETH exchange-traded fund (ETF) were approved as expected. In a new video update, crypto strategist Benjamin Cowen tells his 803,000 YouTube subscribers that Bitcoin could continue to have an edge over Ethereum as past narratives about ETH outperforming BTC haven’t lived up to...
New data from market intelligence platform Santiment reveals that two under-the-radar altcoins are primed to skyrocket. According to the crypto analytics firm, domain-naming crypto Ethereum Name Service (ENS) and decentralized non-fungible token (NFT) ecosystem Treasure (MAGIC) have seen explosive network growth over the last 24 hours, highly increasing their chances of a breakout. google336x280...
The bullish prospects for Bitcoin (BTC) could rise if the flagship crypto asset manages to climb back above a key resistance level, according to an analyst and trader. The analyst pseudonymously known as DonAlt tells 61,400 subscribers of the TechnicalRoundup YouTube channel that Bitcoin re-entering the range between $60,000 to $70,000 would provide a “really really good setup” for more upside...
A widely followed analyst and trader is issuing a warning on Bitcoin (BTC) after the flagship cryptocurrency witnessed a failed breakout. The analyst pseudonymously known as Bluntz tells his 264,700 followers on the social media platform X that there is a “good chance” that Bitcoin will fall below the five-month low of around $53,485 recorded last week. Bluntz further says that Bitcoin’s...
A crypto whale is accumulating massive amounts of Uniswap (UNI) and Aave (AAVE), according to on-chain data. Blockchain tracking firm Lookonchain reports that the deep-pocked investor abruptly spent $4 million to add more UNI, the native asset of the decentralized exchange (DEX), and AAVE, a money market protocol, to his digital asset holdings. “A whale/institution bought AAVE and UNI again [on...
Crypto exchange platform BitMEX is pleading guilty to violations of the Bank Secrecy Act, according to the Department of Justice (DOJ). In a new press release, the DOJ says that BitMEX, founded by crypto entrepreneur Arthur Hayes in 2014, violated the law by neglecting to establish and maintain an adequate anti-money laundering (AML) protocol. BitMEX and its executives were accused of willfully...
Matt Hougan thinks Bitcoin’s (BTC) journey towards becoming a mainstream asset class is a “multiyear story.” Hougan, the chief investment officer (CIO) of Bitwise Asset Management, says in a new interview with CNBC that the Bitcoin exchange-traded fund (ETF) numbers in the first half of 2024 suggest “the birth of a new asset class.” “I think the right analogy to make is back to the original gold...
A closely followed crypto analyst says that Bitcoin (BTC) could surge to a new all-time high within the next few months. In a new video update, crypto strategist Jason Pizzino tells his 330,000 YouTube subscribers he has concluded that the top crypto asset by market cap will likely skyrocket to a new record price to finish off this cycle. However, the trader says that the crypto king will remain...
July 11, 2024 – Grand Cayman, Cayman Islands Zero Hash, the leading crypto and stablecoin infrastructure platform, today announced that its platform customers can now enable the SUI token from Sui, the layer one blockchain in permitted jurisdictions. Sui was designed with the objective of providing unparalleled speed, security and scalability. It achieves near-instant transaction finality and...