Hawkish Fed comments and fears of stablecoin regulation spark market sell-off

The bullish optimism seen earlier in the week was dialed back on Nov. 4 after recent comments from United States Federal Reserve Chairman Jerome Powell confirmed that the central bank would soon... Read more »

Why a $50K-retest is likely ahead of Friday’s US jobs data

The heavy selling in the U.S. dollar market at the end of last week assisted Bitcoin (BTC) to climb above $49,000. However, BTC struggled to extend its climb above $50,000, a psychological... Read more »

SEC Official: Crypto Scams Now Favored Crime Tool

The popularity of cryptocurrency has come with an unfortunate side effect: a corresponding rise in the number of scams involving crypto. Such crimes have become the “flavor of the year,” as Peter... Read more »

Bitcoin gains strength as Friday’s $600M BTC options expiry approaches

Over the past seven days, Bitcoin (BTC) has failed to break through the $48,000 resistance, but its price has remained flat even as Minneapolis Federal Reserve Chairman Neel Kashkari bashed the industry.... Read more »

Fresh Bitcoin ETF hopes back BTC’s swift rally above $40,000

Crypto investors are seeing gains in Ether (ETH) and Bitcoin (BTC) on Aug. 5 after the successful launch of Ethereum’s London hard fork and a series of new Bitcoin exchange-traded fund filings, resulting in... Read more »

US Senator Launches Investigation Into ‘How Cryptocurrencies Facilitate Cybercrimes’

A U.S. senator has launched an investigation into the rise of ransomware attacks as well as how cryptocurrencies facilitate cybercrimes. “The investigation will also look into current oversight efforts and regulations related... Read more »

South Korea to take action against unregistered crypto exchanges

The South Korean government announced today that crypto exchanges will face punishment if they have not voluntarily registered with the country’s authorities by September 24. This new set of regulations will reportedly... Read more »

US financial agencies will meet to discuss the future impact of stablecoins

U.S. Secretary of the Treasury Janet L. Yellen announced plans to convene the President’s Working Group on Financial Markets, or PWG, as well as the Office of the Comptroller of the Currency... Read more »

Gold outshines Bitcoin in Q2 even after posting its worst month since 2016

Gold is set to outperform Bitcoin (BTC) in the second quarter of 2021. An ounce of gold has surged from  $1,707.45 on April 1 to over $1,750 in the still-running June 30... Read more »