Cryptocurrencies News
- Reuters
By Gary McWilliams HOUSTON (Reuters) – Cryptocurrency developers and U.S. lawmakers are moving toward putting the Commodity Futures Trading Commission in charge of regulating digital currencies, said CFTC Commissioner Summer Mersinger.
- Joel Frank
Cryptocurrency markets continue to chop within recent ranges as traders await direction from this Friday’s US CPI data.
- Sujha Sundararajan
Blockchain operator Solana will seed investments and grants across “all web3 verticals,” emphasizing South Korea’s crypto games development sector.
- Martin Young
PayPal has actually listened to its customers and reversed a policy that keeps their crypto assets on the payments platform.
- Reuters
NEW YORK (Reuters) – Trading firms Citadel Securities and Virtu Financial Inc are collaborating on a cryptocurrency trading “eco-system” that will enable retail brokerages to offer crypto-executions to their customers, according to a source with direct knowledge of the matter.
- Reuters
By Anshuman Daga SINGAPORE (Reuters) – Singapore-based private securities platform ADDX said it has become the first financial firm in the city-state to recognise cryptocurrency in their assessment of assets of high-net worth clients.
- Martin Young
The latest big name in institutional investment to dip a toe into the digital asset space is Ken Griffin’s Citadel Securities.
- Bob Mason
It was a mixed session for the crypto market. An afternoon bitcoin rebound limited the damage, with hopes of inflation topping out providing support.
- Aaryamann Shrivastava
The crypto market closed in red yesterday as about $48 billion was wiped out from the market, with most of the cryptocurrencies declining significantly.
- Reuters
By Pete Schroeder WASHINGTON (Reuters) – A bipartisan pair of U.S. senators unveiled a bill on Tuesday that would establish new rules for cryptocurrency, and hand the bulk of their oversight to the Commodity Futures Trading Commission (CFTC).
- Reuters
By Huw Jones LONDON (Reuters) – Britain will begin live testing of crypto blockchain technology for traditional market activities such as trading and settlement of stocks and bonds next year as part of a drive to become a global “crypto hub”, the finance ministry said on
- Joel Frank
Crypto sentiment soured on Tuesday, though prices remain mostly within recent ranges ahead of key macro events later this week.
- Sujha Sundararajan
Though Asian investors want cryptos in their portfolio, two-thirds (67%) of wealth management firms have no plans to offer digital assets.
- Reuters
By Medha Singh and Lisa Pauline Mattackal
- Martin Young
These are dark days for crypto exchanges with Gemini at the end of a lawsuit and Binance embroiled in more regulatory scrutiny.
- Bob Mason
It was a bullish session for the crypto majors, with an end to BTC’s record nine-week losing streak delivering support. Headwinds remain, however.
- Reuters
(Reuters) – The New York State Legislature has passed a bill that would impose a two-year moratorium on the use of fossil-fuel power plants to provide energy to miners of cryptocurrencies like Bitcoin, but the governor has yet to sign it.
- Reuters
(Reuters) – Bitcoin rose 5.2% to $31,441.76 at 2000 GMT on Monday, adding $1,552.78 to its previous close.
- Joel Frank
Cryptocurrencies have started the week in upbeat fashion, after shrugging off Friday’s strong US jobs data.
- Reuters
SINGAPORE (Reuters) – Wealth managers in Asia are holding back from offering digital assets to investors despite soaring demand due to a lack of understanding of these assets, according to an industry survey by consulting firm Accenture published on Monday.