EBA officials anticipate a surge in stablecoin issuance over the coming months and have urged businesses to use its guiding principles before the necessary restrictions are implemented.
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Bitcoin trader eyes BTC price 'Darth Maul candle' as CPI due 2-year low
Bitcoin is tipped to see classic volatility in BTC price around the CPI release, while liquidity remains tightly wrapped around spot.
Bitcoin trader eyes BTC price ‘Darth Maul candle’ as CPI due 2-year low
Bitcoin (BTC) eased higher into July 12 with the key macroeconomic event of the week just hours away.
BTC/USD 1-hour chart. Source: TradingViewCPI set to hit lowest since March 2021
Data from Cointelegraph Markets Pro and TradingView followed BTC price momentum as it slowly inched closer to $31,000.
The largest cryptocurrency showed little volatility through the start of the week, with local range highs and lows still clearly defined.
With liquidity tight around spot price, analysts hoped for a reshuffle upon the release of the June print of the United States Consumer Price Index (CPI).
Roughly expected at around 3.2% — the lowest score since March 2021 — CPI should show U.S. inflation continuing to slow down.
Google hit with lawsuit over new AI data scraping privacy policy
A week after Google updated its privacy policy to allow data scraping for AI training purposes the company is now facing a class action lawsuit.
Bank of China trials offline payments for digital yuan via SIM cards
The bank plans to enable users to make phone payments by integrating its e-CNY app with specialized "super SIM cards" that have near-field communication capabilities.
Celsius files lawsuit to recover $150M from staking platform StakeHound
Celsius aims to claw back 40 million MATIC, 66,000 DOT, 25,000 staked native ETH and 35,000 ETH from liquid staking platform StakeHound.
US GAO explores blockchain for SBA’s small business programs oversight
the GAO highlighted blockchain’s ability to streamline and improve annual reporting, facilitating safe loans and monitoring business development progress among others.
Cathie Wood’s ARK sells 135k Coinbase shares as COIN hits $90
Cathie Wood is taking profits from ARK Invest's Coinbase holdings by selling a small portion of its COIN stash.
Bad news for Ripple? LBRY judge passes ruling on if secondary crypto sales are securities
In January, lawyer John Deaton persuaded the Judge in the SEC vs LBRY case that secondary LBC token sales don’t constitute a securities offering.
Bad news for Ripple? LBRY judge passes ruling on if secondary crypto sales are securities
Ripple may be holding its breath a bit longer after a United States District Judge refused to rule on if the secondary sale of LBRY Credits (LBC) constitutes a security.
On July 11, New Hampshire District Court Judge Paul Barbadoro made the ruling in the case the United States Securities and Exchange Commission (SEC) brought against the decentralized content platform LBRY.
The ruling may have offered legal precedent to fellow District Court Judge Analisa Torres, who is set to make a decision on the SEC’s case against Ripple in the coming months.
In his ruling, Judge Barbadoro said:
“Accordingly, I take no position on whether the registration requirement applies to secondary market offerings of LBC.”
Bad news for Ripple? LBRY judge passes ruling on if secondary crypto sales are securities
In January, lawyer John Deaton persuaded the Judge in the SEC vs LBRY case that secondary LBC token sales don’t constitute a securities offering.
Grayscale CEO: BlackRock ETF filing a ‘moment of validation’ for Bitcoin
BlackRock’s commitment to advancing its crypto efforts only lends to the validity of Bitcoin as an asset class, said Michael Sonnenshein.
Arkham CEO rebuts claims of ‘snitch-to-earn’ program, says it's to find bad actors
Arkham CEO Miguel Morel said public blockchains are "probably the worst possible way of keeping one's private information private.”
‘Extended reality’ to create 860K jobs by 2025: EU Commission
The European Commission has laid out its plans for becoming a “world leader” in Web 4.0 and the Metaverse.
Cboe refiles 5 Bitcoin ETFs to include Coinbase surveillance agreements
The surveillance-sharing agreements are a measure recommended by the SEC in March, which says they can prevent fraud and protect investors.
Cboe refiles 5 Bitcoin ETFs to include Coinbase surveillance agreements
The surveillance-sharing agreements are a measure recommended by the SEC in March, which says they can prevent fraud and protect investors.
US Senate Finance Committee asks digital asset community how to tax it in open letter
Community members may want to read up on the intricacies of tax law before they respond, but they have two months to do so.
Experiments show AI could help to audit smart contracts, but not yet
Artificial intelligence has proven effective at identifying security vulnerabilities, but early tests indicate it won’t be able to replace humans for a while.
Grayscale resolves lawsuit with Fir Tree over proposed changes to Bitcoin Trust
Fir Tree hinted at potential additional litigation against Grayscale and parent company Digital Currency Group based on what its GBTC documentation may reveal.
Multichain Executor has been 'draining' AnySwap tokens: Report
The contract has used an “anySwapFeeTo” function to transfer hundreds of thousands of dollars worth of tokens to itself, which on-chain sleuth Spreek suspected may have been malicious.