Kraken spotlights SEC inability to identify ‘investments contract’ in digital assets

Kraken has refuted the Securities and Exchange Commission’s (SEC) claims that its platform listed securities, pointing out that the financial regulator’s arguments attempt to restructure the US financial system beyond its regulatory... Read more »

Altcoins will bottom in early summer before bull run — Analyst

An altcoin bull run would first require Bitcoin to break out from its current range, according to Nansen’s principal research analyst. Source Read more »

Harvest Plans To Open Bitcoin ETF To Mainland China

Harvest Global Investments, a Chinese fund house and one of the issuers of Hong Kong’s first spot Bitcoin and Ethereum exchange-traded funds (ETFs), has confirmed plans to potentially open these funds to... Read more »

Binance accused of firing whistleblower for internal market manipulation report

The Wall Street Journal published an exclusive report on May 9 alleging that Binance, the world’s largest crypto exchange, fired the head of its market surveillance team after he raised concerns about... Read more »

How low can the Bitcoin price go?

Bitcoin price could drop below $50,000 in the coming weeks or months, according to multiple technical signals. Source Read more »

‘I’m Good With It, Vote For Me’

On late Wednesday, Donald Trump, the former President and Republican frontrunner, declared his support for cryptocurrencies. This announcement came during a notable gathering at his Mar-a-Lago resort in Palm Beach, Florida, dubbed... Read more »

SEC calls Ripple’s proposed stablecoin an ‘unregistered crypto asset’

The US Securities and Exchange Commission (SEC) appears to be targeting Ripple’s proposed stablecoin in its latest court filing against the crypto company. In its May 7 redacted remedies reply brief, the... Read more »

Financial system ‘outdated’ but crypto is no fix either — US swing voters

In a survey by the Digital Currency Group, 70% of swing state voters agreed the current financial system is “outdated” and in need of an overhaul, but most don’t think crypto is... Read more »

SEC Takes Another Stab At Ripple In Its Final Brief: Details

The Securities and Exchange Commission (SEC) has submitted its remedies reply brief in its ongoing legal battle with Ripple Labs, accompanied by supporting exhibits. This filing marks a pivotal moment in the... Read more »

Bitcoin mining difficulty set for sharpest drop since FTX collapse

Quick Take Bitcoin’s mining difficulty is on the brink of its most significant downward adjustment since the FTX collapse in December 2022. Newhedge forecasts a reduction of over 4% on May 9,... Read more »