As the U.S. finds itself in a unique economic environment, with recession indicators continuing to flicker, interest rates at record highs and inflation concerns lingering, the economy’s service sector and job market resilience continue to impress. The latest report from Bitfinex Alpha.
Crypto News
In a major development, the European Union (EU) has officially signed its groundbreaking Markets in Cryptoassets (MiCA) regulation into law.
To address the challenges posed by cryptocurrency regulation, the World Economic Forum (WEF), in partnership with its Digital Currency Governance Alliance, has published a white paper.
Leading derivatives marketplace CME Group has announced that it is extending the expiration dates of its Ethereum and Bitcoin futures and options contracts to daily.
Stably, a provider of Web3 payment infrastructure and stablecoin-as-a-service, has announced the launch of StablyUSD, a USD stablecoin, hashtagged #USD, on the Bitcoin network.
Dubai, United Arab Emirates, in an effort to strengthen its cryptocurrency regulatory framework, the Dubai Financial Services Authority (DFSA) plans to update its rules on digital assets.
Although the impact on the traditional financial system is minimal, potential systemic risks remain prominent.
In a recent advisory, the FBI warned of the risks associated with fraudulent job advertisements in Southeast Asia, particularly those related to labor trafficking, where victims are forced to participate in international cryptocurrency investment scams against their will.
To promote the widespread adoption of stablecoins and tokenized assets, the European Commission is considering measures to make it easier for commercial lenders to hold these digital currencies.
In a recent report from Bitfinex, it was revealed that more than 68.45% of the total Bitcoin supply, or 13.27 million of the 19.4 million existing BTC, has been dormant for over a year.
David Schwed, former head of digital asset technology at Bank Mellon, highlighted the critical role of rules that strengthen blockchain security in the adoption of cryptocurrencies.
Zambia’s testing of cryptocurrencies, including Bitcoin, is nearing completion, according to recent reports.
In a recent interview, MicroStrategy co-founder and CEO Michael Saylor expressed his thoughts on the regulator’s stance on cryptocurrencies.
The BitVol (Bitcoin Volatility) Index, launched by the financial index company T3 Index in cooperation with the Bitcoin options trading platform LedgerX, has fallen for nearly a month.
In a recent publication titled “Maintaining Ethereum’s Consensus: The Risk of Overload,” Ethereum co-founder Vitalik Buterin addressed the critical topic of maintaining the integrity of Ethereum’s consensus mechanisms.
Presidential candidate Robert F. Kennedy Jr. hit a milestone at the Bitcoin 2023 conference today, expressing his unwavering support for Bitcoin and sharing his personal experience with the cryptocurrency.
In a recent report, a British parliamentary committee recommended that cryptocurrencies such as bitcoin and ethereum be considered gambling because they pose significant risks to consumers.
Ahead of this week’s congressional hearings, Rep. Maxine Waters, a Democrat from the U.S. House of Representatives, released her proposed draft stablecoin legislation.
The second-largest stablecoin by market cap, USD Coin, was rescued by the government in March, proving that it can indeed compete with banks.
ATLANTA, May 15, 2023 – During a question-and-answer session at the 27th Annual Financial Markets Conference hosted by the Federal Reserve Bank of Atlanta, U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler addressed the widespread Non-compliant and risky business models in the cryptocurrency market.