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Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates.
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Crypto Traders Suffer $1B in Liquidations in Sharp Sell-Off for Bitcoin, Ether
Crypto markets cratered late Thursday with bitcoin (BTC) dropping as low as $25,000 on the crypto exchange Binance.
Ether Futures ETFs Are Poised for U.S. Approval, Bloomberg Reports
They would join bitcoin futures ETFs that are already approved.
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Aug 10, 2023 at 9:58 a.m. PDT
Bitcoin Plunges 9%, Sank Below $25K on Binance as August Turns Very Ugly
A boring August has turned into a bloodbath. Two-thirds of leveraged funds’ positions are short, one observer said, noting the bearish bias of sophisticated traders.
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By Omkar GodboleKrisztian SandorStephen Alpher
Aug 16, 2023 at 10:45 p.m. PDT
Coinbase, Tarred as an Illicit Exchange by the SEC, Quietly Got Regulated Elsewhere in the U.S.
The firm’s new futures commission merchant status at the CFTC may undermine the other U.S. markets regulator – the SEC – and bolster the case for ether as a commodity.
Ethereum ‘Restaking’ Takes Shape as Next Big Trend in Blockchain Security
EigenLayer’s platform for “restaking” is designed to extend Ethereum’s pooled security from ETH stakers to other blockchain systems – a way for developers to bootstrap new networks without having to create their own communities of network validators.
Coinbase-Backed Group Loses Lawsuit Arguing Tornado Cash Sanctions Overstepped U.S. Treasury’s Authority
The group of developers and investors sued the Treasury Department last year.
Aug 17, 2023 at 1:21 p.m. PDT
Some of the first partners in a new Mastercard CBDC forum include Ripple, Fireblocks and Consensys.
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Discovery
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Much-Hyped Shibarium Network’s Turbulent Start; Tether to Stop Support for Bitcoin Layer Omni
The most valuable crypto stories for Thursday, August 17, 2023.
Aug 17, 2023
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I Have 1M Questions About the PayPal Stablecoin. Here Are 5
The payments giant’s new stablecoin will compete with Tether’s and Circle’s coins, but it’s not breaking any new ground.
Aug 7, 2023
A possible ‘Crypto Twitter’ exit is likely as the algorithm changes with “forever” signups and Elon battles Mark over threads and data. Meanwhile, the FEDNow launches and the U.S. has achieved a historic moment with a bipartisan consensus on crypto regulation in the House…finally!
Aug 2, 2023
Bitget Exchange Faces Lawsuit by Advisor of ReelStar Token Project After the Listing Goes Sour
Influencer Evan Luthra says the exchange froze his account and destroyed his advisory relationship. Bitget says Luthra was dumping the REELT token as he advised his followers to buy.
Aug 3, 2023
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RWA Tokenization: What Does it Mean to Tokenize Real-World Assets?
Traditional finance giants are excited about the idea of putting ownership of assets like precious metals, art, homes and more on the blockchain.
Jul 25, 2023
The Untold Story of Worldcoin’s Launch: Inside the Orb
Is Sam Altman’s UBI startup a smart countermeasure to AI, or a privacy nightmare? Jeff Wilser reports.
Jul 24, 2023
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Wrapping Up Consensus 2023
Missed Consensus 2023? Catch up on some of the most important conversations here.
May 4, 2023 at 2:39 p.m. PDT
U.S. House Will Have Crypto Bill in 2 Months: Rep. McHenry
Trending in Crypto
Crypto Traders Suffer $1B in Liquidations in Sharp Sell-Off for Bitcoin, Ether
Aug 17, 2023
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Bitcoin Plunges 9%, Sank Below $25K on Binance as August Turns Very Ugly
Aug 17, 2023
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Bitcoin Slips to $29K, but Fundstrat’s Tom Lee Sees $150K on ETF Approval
Aug 16, 2023
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Crypto Traders Suffer $1B in Liquidations in Sharp Sell-Off for Bitcoin, Ether
Crypto markets cratered late Thursday with bitcoin (BTC) dropping as low as $25,000 on the crypto exchange Binance.
Aug 17, 2023
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Coinbase Will Suspend USDT, DAI and RAI Trading for Canadian Users
The exchange expanded its services in Canada earlier this week.
Aug 17, 2023
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The Protocol: Blockchains Keep Launching, From Sei to Shibarium
The week in blockchain tech: Two much-hyped networks debut, though the launches weren’t quite as smooth as organizers might have hoped. ALSO: What is restaking? (Answer: it’s the blockchain security trend you didn’t know you needed to know about.)
Aug 17, 2023
Policy
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Ether Futures ETFs Are Poised for U.S. Approval, Bloomberg Reports
They would join bitcoin futures ETFs that are already approved.
Aug 17, 2023
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Coinbase-Backed Group Loses Lawsuit Arguing Tornado Cash Sanctions Overstepped U.S. Treasury’s Authority
The group of developers and investors sued the Treasury Department last year.
Aug 17, 2023
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SEC Can Try to Appeal Groundbreaking XRP Ruling, Judge Rules
A federal judge will let the U.S. Securities and Exchange Commission file a motion that, if granted, would allow it to appeal a ruling that XRP transactions through exchanges didn’t violate securities laws.
Aug 17, 2023
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FTX-Linked Farmington State Bank Slapped with Fed Enforcement Action
The Federal Reserve has brought an enforcement action against the one-branch lender for making a foray into digital assets activities in violation of a prior agreement it made.
Aug 17, 2023
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Coinbase, Tarred as an Illicit Exchange by the SEC, Quietly Got Regulated Elsewhere in the U.S.
The firm’s new futures commission merchant status at the CFTC may undermine the other U.S. markets regulator – the SEC – and bolster the case for ether as a commodity.
Aug 17, 2023
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Sam Bankman-Fried Is Now in Jail
Yes we’re still talking about the boy wonder and his pending trial.
Aug 17, 2023
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