Author: admin
In a recent interview, Securities and Exchange Commission (SEC) Commissioner Mark Ueda admitted that the agency's approach to cryptocurrencies has been a “disaster” for the industry. In an interview with Fox journalist Maria Bartiromo, Ueda pointed out that the agency has not yet provided clear regulatory standards for the sector.Throughout the past year, the agency has embraced enforcement regulations regarding its enforcement of the cryptocurrency sector. Additionally, SEC Chairman Gary Gensler has consistently stated his belief that most crypto companies refuse to provide adequate disclosure and investor protection. As a result, lawsuits against many of these companies have proliferated.Just in:…
Bitcoin was stable at around $61,000 as of Thursday, noting the previous day's outflows of $30.6 million across ETFs. All Ether ETFs showed neutral flows on Wednesday, pushing Ethereum’s range below $2,400. XRP added 3% to its value and is trading above $0.5300 on Thursday. Bitcoin, Ethereum, XRP updates On Wednesday, $30.6 million in outflows were observed from Bitcoin (BTC) spot exchange traded funds (ETFs). The largest crypto asset by market capitalization was trading at $61,039 at the time of writing on Thursday, increasing its value by almost 0.6% on the day. The Ethereum (ETH) Spot ETF recorded neutral flows…
Bitcoin’s rejection at $66,000 and below its 200-day moving average suggests that bearish sentiment is increasing. If the price fails to hold the $60,000 support, a medium-term decline towards the $52,000-55,000 zone becomes more likely. technical analysis Written by Shayan daily chart On the daily chart, Bitcoin briefly returned to bullish territory as it surged above both the 100-day and 200-day moving averages. However, reaching the $66,000 resistance zone created significant selling pressure and halted the uptrend. This area has historically acted as a strong multi-month resistance line, and Bitcoin's inability to break above it resulted in significant rejection. Bitcoin…
Dutch police have conducted a long-term investigation into “the largest and longest-running international dark web marketplace in world history,” resulting in the arrest of two administrators and theft of 8 million euros ($8.7 million). It was revealed that it had been confiscated. Cipher. The marketplace consisted of two organizations, Bohemia and Cannabia, and offered users the ability to purchase malware and DDoS attacks, as well as a drug marketplace that primarily sold cannabis. According to Dutch authorities, “never before have police discovered a dark web market of this size.” Police say the marketplace hosts 82,000 ads per day, facilitates 67,000…
Cover image (from U.Today) Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe all content is accurate as of the date of publication, certain offers mentioned may not be currently available. Anthony Pompliano, an angel investor and founder of Pump Investments Fund, released a podcast this week in which…
Image by special arrangement Heading into 2026, Ethereum Classic could reach a high of $45.76, and as more people adopt blockchain technology, it could reach a high of $185.19 by 2030. The prediction extends to 2050 and Ethereum Classic could reach an extraordinary high of $13,206.96. Of course, with any cryptocurrency, it's important to stay informed and understand market trends before investing. Monero (XMR) price decline Monero (XMR) has faced major challenges this week, with its price dropping below $140 following Kraken’s announcement to delist the privacy-focused coin for European users. This created selling pressure and pushed Monero down from…
Zug, Switzerland, October 10, 2024 /PRNewswire/ — FinchTrade, a Swiss OTC and cryptocurrency liquidity provider, and Intergiro, a Swedish banking as a service (BaaS) provider, are bridging the gap between traditional banking and the cryptocurrency ecosystem. We announced strategic alliances to address key challenges. Cryptocurrency oriented business. This partnership provides streamlined financial solutions and instant on/off ramp options, making it easier for cryptocurrency businesses to more efficiently serve users and drive growth. Two integrated solutions for Web 3.0 partnership Intergiro and FinchTrade offer two complementary solutions designed to create a seamless financial experience. These solutions are: Intergiro's embedded banking solution.…
The long-awaited fourth quarter has arrived and proper positioning cannot be overemphasized. Investors and market makers are showing strong interest in Intel Market (INTL) rather than betting on the expensive Ethereum (ETH). This AI crypto not only has a bullish story but also has higher upside potential than ETH and Toncoin (TON). It is one of the new DeFi projects to watch as it prepares to leverage AI to reshape the crypto trading scene. IntelMarkets (INTL): The Next Big Player in the Cryptocurrency Trading Scene IntelMarkets (INTL), a new AI altcoin, is not only budget-friendly but also has strong growth…
Bitcoin mining company Iris Energy has come under intense scrutiny as a class action lawsuit alleges the Australian Bitcoin mining company overstated its computing capabilities and misled investors about its high performance computing (HPC) prospects. be.The lawsuit, filed Oct. 7 in the Eastern District of New York, seeks to represent shareholders who purchased IREN securities between June 20, 2023 and July 11, 2024.The lawsuit, led by investor Paul Williams Israel, alleges that IREN misrepresented its ability to transition from Bitcoin mining to HPC, specifically stating that its data centers are inadequate for such operations. claims.The mining company's Childress, Texas, site…
Jamie Coutts, chief crypto analyst at RealVision, said the major Bitcoin (BTC) indicators are sending bullish signals. Coutts said the number of active Bitcoin addresses is increasing after an 11-month period of decline. According to Coutts, the number of active Bitcoin addresses as a predictive tool remains “one of the most important fundamental-level on-chain metrics.” Cryptocurrency analysts at Real Vision further say that Bitcoin could soar between $147,600 and $184,500 this cycle. “We expect Bitcoin to reach 2x to 2.5x its all-time high this cycle, and a corresponding breakout of active addresses on the base chain would definitely justify the…