Crypto Needs Regulation If It’s Going To Survive, Says SEC Boss

The Chairman of the Securities and Exchange Commission (SEC) has called for the crypto space to work with regulators. The Financial Times reported that Chairman Gary Gensler had asked Congress to empower his agency so they will be better able to govern the market. It is still not clear yet which agency has oversight of the cryptocurrency industry, as regulators […]

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El Salvador Establishes Fund to Assist in BTC to USD Conversions

The Congress of El Salvador has voted unanimously to approve a $150 million fund that will allow for bitcoin to fiat conversions in the country. El Salvador Is Really Pushing BTC Forward El Salvador is the first country to declare bitcoin legal tender. The country will permit bitcoin transactions for goods and services as though bitcoin was fiat currency beginning […]

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DeFi Community Comes Together to Defend Uniswap Labs as SEC Investigation Begins

SEC’s investigation of leading DEX Uniswap (UNI) has seemingly united the otherwise fragmented DeFi brethren. SEC Investigates Uniswap The US Securities and Exchange Commission recently announced it was investigating leading Ethereum blockchain-based decentralized exchange (DEX) Uniswap’s main developer, Uniswap Labs. Notably, the WSJ report posits that the financial watchdog is looking for more information on how investors use Uniswap and […]

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Scaramucci: Only Trust Can Make BTC More Legit

What’s going to make bitcoin bigger than ever? According to billionaire investor Anthony Scaramucci, the answer is “trust.” Anthony Scaramucci Discusses BTC in New York Right now, trust – or the lack thereof – is getting in the way of the asset’s progress. Many are worried about the currency’s volatility and the fact that it is so vulnerable to price […]

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Where to Begin Investing – Find out with M8Trade Platform

In the modern world, the word “stability” is less and less often mentioned in the context of financial life. More and more people tend to call attention to an investment: if 10 years ago it was the privilege of the “elite”, now this word is a real boom among any generation. However, not everyone moves from words to deeds, because […]

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Bloomberg senior strategist calls Bitcoin a global reserve asset on the path to $100K

Bloomberg’s senior commodity strategist Mike McGlone has doubled down on call for six-figure Bitcoin (BTC), arguing that the first-born cryptocurrency is well on its way to becoming a global reserve asset that complements the United States dollar.  The September edition of Bloomberg’s Crypto Outlook called $100,000 BTC and $5,000 Ether (ETH) the “path of least resistance” after the two assets […]

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Ethereum "Accumulation" Near Liftoff: What It Could Mean For Bitcoin

The conversation across crypto is no longer only about Bitcoin. Ethereum is the most important cryptocurrency to the ecosystem since the former’s creation, and has recently stolen the show. On the ETH versus BTC trading pair, the recent market structure resembles an accumulation pattern moments before the liftoff phase. If the pattern is accurate, a market cap “flippening” could soon […]

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