Top Stories This Week Unsealed superseding indictment against Sam Bankman-Fried includes 12 criminal charges Former FTX CEO Sam Bankman-Fried (SBF) was charged on four new criminal counts by a federal judge presiding over his case. According to a superseding indictment, there are now 12 criminal charges against Bankman-Fried, including eight conspiracy charges related to fraud […]
Top Stories This Week Unsealed superseding indictment against Sam Bankman-Fried includes 12 criminal charges Former FTX CEO Sam Bankman-Fried (SBF) was charged on four new criminal counts by a federal judge presiding over his case. According to a superseding indictment, there are now 12 criminal charges against Bankman-Fried, including eight conspiracy charges related to fraud […]
On the sidelines of the G20 meeting, U.S. Treasury Secretary Janet Yellen said the country is not pushing for an outright banning of crypto activities.
United States Treasury Secretary Janet Yellen stressed the importance of implementing a strong regulatory framework for cryptocurrencies during a G20 meeting on Feb. 25.
Speaking to Reuters, Yellen said that it was "critical to put in place a strong regulatory framework." She also noted that the United States is not suggesting an "outright banning of crypto activities."
Yellen's remarks follow earlier ones from the International Monetary Fund (IMF) Managing Director Kristalina Georgieva, stating that banning crypto should be an option:
"There has to be very strong push for regulation... if regulation fails, if you're slow to do it, then we should not take off the table banning those assets, because they may create financial stability risk."
In addition, Georgieva pointed out to reporters that it is necessary to differentiate central bank digital currencies (CBDCs) from stablecoins and cryptocurrencies - which are issued by private companies.
On the sidelines of the G20 meeting, U.S. Treasury Secretary Janet Yellen said the country is not pushing for an outright banning of crypto activities.
Blockchain technology can revolutionize the P2P ridesharing industry by creating a more equitable, secure and transparent system.
Pfizer is now the first big pharma to participate in a decentralized autonomous organization (DAO).
The issue is linked to the recent network upgrade from 1.13 to 1.14, which slowed block finalization.
Blockchain developer jobs involve designing, developing and deploying decentralized applications, creating smart contracts and more.
By the time MiCA makes it through the EU, will it be enough to effectively regulate the crypto industry on the continent?
Bitcoin bulls have little to celebrate as BTC price action retraces more hard-won February gains.
Bitcoin (BTC) threatened to ditch $23,000 as support on Feb. 25 as an ongoing price correction strengthened into the weekend.
BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewData from Cointelegraph Markets Pro and TradingView showed BTC/USD attempting to decide the fate of the $23,000 mark on the day.
The pair had lost almost $1,000 on Feb. 24, ending the week in a limp position along with United States equities while the dollar gained.
With “out-of-hours” trading now in place until Monday, chances for thinner liquidity to spark more pronounced moves heightened.
Analyzing the state of the Binance order book, monitoring resource Material Indicators confirmed the continued existence of a major line of bid support informally known as the “Notorious B.I.D.” and “great wall.”
The joint statement highlighted the key liquidity risks associated with crypto-assets and related participants for banking organizations.
India's finance minister called for a coordinated effort “for building and understanding of the macro-financial implications,” which could be used to build global crypto reforms.
According to the legal team representing Sam Bankman-Fried, prosecutors had no objections to continuing his bail conditions until the firm could choose a suitable technical expert.
Reviewing Bitcoin data from the 2019 bull market offers valuable insights on BTC’s current support levels and upside price targets.
Bitcoin’s (BTC) recent price rally from $16,500 to $25,000 can be attributed to a short squeeze in the futures market and recent macroeconomic improvements. However, while prices increased, data suggests that many interested buyers (including whales) were left on the sidelines.
The recent rally to $25,000 shared many similarities with the 2019 bear market rally, which saw a 330% surge in Bitcoin’s price to highs around $14,000 from the November 2019 low at $3,250. Recently, the BTC/USD pair rose 60% from its November 2022 low.
On-chain and market indicators relative to the 2019 rally are sending mixed signals on whether or not Bitcoin's rally will continue. Nevertheless, there are strong reasons to believe that the market has reached a crucial turning point where it can either turn into a full-fledged bull market or slump back into a long-term bear trend.
Let’s look at the top five indicators to understand the current price dynamic relative to the 2019 bull run.
Bitcoin’s price surpassed the 200-day moving average (MA) at $19,600, which could encourage paper traders looking to open a long position. Historically, this metric has acted as a bull-bear pivot line, with breakouts above it being bullish and vice versa.
The IMF mission spent three months studying conditions in the country, which is preparing to produce a feasibility report.
Regulators have been slow to act on cryptocurrency, according to Dr. Jonathan Reichental, and they’ve often missed the mark. Hopefully, their approach will evolve in the years ahead.
DeFi market saw another exploit this past week on the Platypus protocol, resulting in a loss of over $8 million.
