For an industry that rarely gets mainstream political support, Bitcoin recently received a massive endorsement after Democratic Presidential candidate Robert F. Kennedy spoke out in support of the cryptocurrency. According to RFK, arguments against adopting Bitcoin due to perceived environmental impact are merely a cover to curtail financial freedom.  Responding to the tweet by Feldman, RFK stated that “… environmental […]

The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Richard “Heart” Schueler and crypto projects HEX, PULSECHAIN, and PULSEX. According to a document filed with a court for the Eastern District of New York and shared on X by economist Alex Krüeger, the regulator is violating U.S. securities laws. As of this writing, HEX is feeling the heat […]

Tether continues to increase its treasury reserve holdings backing circulating USDT (USDT) tokens, according to its latest financial attestation for the second quarter of 2023. Tether Holdings published its Q2 attestation from accounting firm BDO, highlighting an $850 million increase in its excess reserves, which takes its total to $3.3 billion. The report also serves as the first time the company has […]

Quant (QNT) price is regaining upward momentum after rising above the moving average lines. Quant long-term price forecast: bullish Earlier, the cryptocurrency asset recovered from its previous downturn and resumed a sideways pattern. The price of QNT fluctuated between $96 and $120. Buyers made two unsuccessful attempts to break the barrier at $120. Today, QNT is rising and reached a […]

Binance, the world’s largest crypto exchange by trading volume, recently announced that it had secured a license to operate in Dubai after meeting the conditions needed for the grant of an Operational Minimum Viable Product (MVP) license. The firm has emerged as the premier platform to secure the highly coveted accreditation from Dubai’s Virtual Asset Regulatory Authority (VARA). Binance Is […]

Dubai’s virtual assets regulator has granted an operational MVP license to Binance.  The crypto exchange can now offer crypto exchange and broker-dealer services to institutional and qualified retail investors.  The crypto giant expects the UAE to emerge as a standard setter for the global crypto industry.  Binance FZE, the Dubai-based subsidiary of the world’s largest crypto exchange, has received an […]

In a surprising revelation, Coinbase CEO Brian Armstrong has disclosed that the U.S. Securities and Exchange Commission (SEC) had urged the crypto exchange to halt trading in all cryptocurrencies, except Bitcoin, before initiating legal action against the company. According to a CoinDesk article published earlier today, Armstrong’s disclosure, made in an interview with the Financial Times (FT), sheds light on […]

Bitcoin prices have been stagnant, trading below the psychological $30,000 level. The coin is technically under pressure, declining from its peaks of around $31,800 recorded in early July 2023. Amid this development, on-chain data reveals that the Bitcoin miner reserve has been increasing, notwithstanding prevailing market conditions, bouncing back from May 2023 lows. According to data from CryptoQuant, the BTC miner […]

Galaxy Digital’s founder Mike Novogratz shared what an ideal investment portfolio would look like for a young and high-risk tolerance investor during an interview with Bloomberg Wealth, saying that he’d invest in the Chinese giant Alibaba, silver, gold, Bitcoin (BTC), and Ethereum (ETH). “If they were young and had a high-risk tolerance, I’d be buying Alibaba stock. I’d be buying […]