The Securities and Exchange Commission (SEC) staff has received a new order from Chairperson Gary Gensler to draft new capital market rules that will ensure fair competition between exchanges and brokers, Reuters reported. Speaking at a virtual conference on Wednesday organized by Piper Sandler, Gensler revealed the regulator’s aim to make the equities fair, especially after the embracement of new […]

Seattle-based mining software company Luxor has closed a Series A funding round led by institutional Bitcoin technology and financial services firm NYDIG. Luxor announced the $5 million funding round on June 9, adding that NYDIG will collaborate with Luxor on a number of mining-related ventures and hashrate-based products. Also participating in the equity round were mining companies Blockware Solutions, Celsius […]

Bitcoin price started a strong increase above the $35,000 resistance against the US Dollar. BTC is currently showing a lot of positive signs and it could even surge above $38,000. Bitcoin started a steady increase above the $35,000 and $36,000 resistance levels. The price is currently well above $36,000 and the 100 hourly simple moving average. There was a break […]

THE BREAK-THROUGH TO CRYPTO MASS ADOPTION HAS ARRIVED! UNLIMITED SCALING; INTEROPERABILITY AND FULL COMMUNITY PARTICIPATION IS HERE! NuCoin minting on the NuGenesis blockchain has commenced on the mainnet, now allowing applications for stakers and early adopters. NuGenesis is part of a family of blockchain technologies that have demolished the obstacles of mass adoption and mainstreaming the new crypto economy. Scalability, […]

Morgan Stanley (NYSE: MS), a top US investment bank, has tapped various executives from E*Trade to take senior roles amid a leadership change. According to Reuters, Chad Turner, E*Trade’s former Chief Financial Officer, will lead the digital direct business team in wealth management. Andrea Zaretsky, previously E*Trade’s Chief Marketing Officer, will have the same role in Morgan Stanley’s wealth management. […]

Nayib Bukele’s plans for crypto in El Salvador are still in motion, with the president now calling for a geothermal power company to make certain facilities available to Bitcoin miners.  In a Wednesday tweet from Bukele, the president said he would be instructing Mynor Gil, the president of the state-owned electrical company LaGeo, to facilitate Bitcoin (BTC) mining “with very […]

The US-based cryptocurrency exchange Kraken has unveiled changes to its margin trading program, which will take effect starting June 23, 2021. According to the announcement, the company will no longer offer margin trading for US-based customers who do not meet specific requirements that will be communicated via email. For the non-US-based clients, Kraken said that the ones in the Starter […]

Billionaire investment banker Ken Moelis has compared the cryptocurrency era to the gold rush of 1848, telling Bloomberg he’s monitoring the crypto space in hopes of discovering new opportunities. Moelis, the founder of investment banking firm Moelis & Company, revealed an intention to explore and invest in digital assets during a Bloomberg Deals summit on Tuesday. “Maybe on the personal […]