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Cryptocurrency Firm Abra Settles With 25 US States Over Licensing Violations

Financial authorities in 25 U.S. states have reached a settlement with the cryptocurrency investment platform Abra and its CEO Bill Barhydt for operating without proper licensing. This settlement mandates significant…

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SEC Chair Gensler: Spot Ethereum ETF Approval Process ‘Going Smoothly’

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler says that the spot ethereum exchange-traded fund (ETF) approval process is “going smoothly.” He stressed that “it’s really about the asset…

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Assangedao’s JUSTICE Token Surges and Dips Amid Julian Assange’s Release

In a significant display of volatility, the Assangedao cryptocurrency token JUSTICE climbed by over 80% on Tuesday, only to fall by 18% the next day. This fluctuation follows the recent…

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Bitcoin Technical Analysis: Inverse Head and Shoulders Pattern Suggests Bullish Reversal

On Wednesday, via the 1-hour chart, bitcoin is forming a potential inverse head and shoulders pattern around the $61,500 level. If confirmed by a breakout above $62,000, this could signal…

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Peter Schiff Predicts Further Bitcoin Plunge Ahead of Mt Gox Payouts — Declares BTC in Official Bear Market

Economist and gold advocate Peter Schiff has highlighted bitcoin’s recent decline, declaring the cryptocurrency “back in official bear market territory.” He predicts further bitcoin price decline before Mt. Gox creditors…

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Digital Euro Holding Limit: Debate Continues

The president of Germany’s central bank has highlighted the ongoing debate about the holding limit for the digital euro, Europe’s central bank digital currency (CBDC). He noted that recent Bundesbank…

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White House Rehires Adviser Who Helped Develop Biden’s Executive Order on Crypto

The White House has rehired Carole House, who helped develop President Joe Biden’s Executive Order on Ensuring Responsible Development of Digital Assets, as Special Advisor for Cybersecurity and Critical Infrastructure…

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Tether Announces Shift to ‘Community Driven Support’ Regarding USDT in Eos and Algorand

Tether, the company that manages the issuance of USDT, the largest stablecoin of the crypto market, has announced a shift in its focus on providing support to blockchains based on…

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Bybit Rises to Second Place in Global Crypto Exchange Rankings, Kaiko Report Reveals

According to a recent report by Kaiko, Bybit has surged to become the world’s second-largest cryptocurrency exchange by volume, overtaking Coinbase and closely trailing Binance. This climb is attributed to…

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