The U.S. Securities and Exchange Commission (SEC) chair Gary Gensler recently introduced new rules aimed at reducing risk in the U.S. Treasury market. These rules, as reported by Reuters, require a greater number of trades to go through clearing houses and introduce collateral requirements for central clearing agencies. Gensler emphasized the importance of the $26-trillion-dollar
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LINE NEXT Corporation, a leading venture in the NFT ecosystem, has recently secured a game-changing investment of USD 140 million from Crescendo Equity Partners. This substantial funding injection not only positions LINE NEXT as a key player in the Asian Web3 industry but also sets the stage for its global growth in the Web3 ecosystem.
Cardano (ADA) has been making waves in the cryptocurrency market, despite the current slump in the overall market. LuckSide Crypto, a well-known crypto analyst, recently shared his positive outlook on Cardano in a YouTube video released on December 12th. In this article, we will delve into the analyst’s perspectives and explore the potential factors behind
Coinbase International, a prominent cryptocurrency exchange, is set to launch spot trading for Bitcoin (BTC) and Ethereum (ETH) on its platform on December 14th. This move is part of Coinbase’s global expansion strategy, aimed at catering to a broader range of users and enhancing liquidity. The company plans to pair these top cryptocurrencies with the
Shiba Inu, despite the prevailing bearish trend in the market, has been experiencing a bullish return, thanks to the growing adoption of the Shibarium Layer 2 network. Notably, it is the large holders who are spearheading this upward trajectory. Recent on-chain data from IntoTheBlock reveals a remarkable surge in positive net flows by these large
Coinbase Global Inc. has recently announced its plans to expand its services by introducing spot crypto trading on its international exchange. This move is part of Coinbase’s global expansion strategy, aimed at catering to users who may have reservations about U.S.-based platforms. While Coinbase’s stock has shown significant growth this year, it still has a
Osmosis (OSMO), the leading decentralized exchange (DEX) on the Cosmos (ATOM) blockchain, has experienced an explosive price move, surging by over 25%. However, as OSMO price enters a localized retracement, investors may be wondering if it is too late to buy Osmosis. In this article, we will analyze the current market conditions and technical indicators
Bitcoin, the primary cryptocurrency, has been struggling to regain stability after the recent market decline. Despite soaring to an impressive price of $44,700 over the weekend, the bears quickly seized control, causing the asset to plummet below $41,000. Since then, Bitcoin has been hovering around this line, unable to break free from the volatile state
The crypto market has entered a phase of cautious trading and consolidation following recent bouts of volatility. Both Bitcoin and Ethereum, the two largest cryptocurrencies, are experiencing minor price fluctuations as they recover from major corrections. Currently, Bitcoin is trading around $41,960, with a 0.17% decline over the past 24 hours. On the other hand,
The Chairman of the Commodities Futures Trading Commission (CFTC), Rostin Behnam, has expressed his belief that most cryptocurrencies should be classified as commodities under existing laws. However, he emphasizes the need for updated regulatory frameworks to account for the technological advances brought about by these digital assets. In an interview with CNBC, Behnam stressed that
