In a strategic move aimed at fortifying the U.S. derivatives market, Caroline Pham, the Acting Chairman of the Commodity Futures Trading Commission (CFTC), has announced the launch of a series of public roundtables. This initiative is intended to tackle the complexities and opportunities presented by current market dynamics, including the rise of digital assets and
In a significant move for both the Argentine cryptocurrency landscape and Coinbase itself, the digital asset exchange has received the green light to operate in Argentina. This comes after the firm successfully registered as a Virtual Asset Service Provider (VASP) with the National Securities Commission (CNV) of Argentina. A notable announcement made on January 28
Bitcoin, the frontrunner in the cryptocurrency realm, has exhibited severe price volatility over the last 24 hours, peaking at $103,369 and dipping to $98,380. This rapid fluctuation underscores the unpredictable nature of the crypto market, highlighting both its risks and opportunities. Investors and traders alike are keenly analyzing the trends as technical indicators hint at
Ripple, a key player in the digital asset infrastructure sector, has made significant strides by securing Money Transmitter Licenses (MTLs) in the states of New York and Texas. These licenses are not only a testament to Ripple’s commitment to regulatory compliance, but they also signify the company’s growing footprint in the United States, bringing its
In 2023, Cardano (ADA) has exhibited relatively stagnant performance, hovering near a significant support level of $1. After experiencing a decline of approximately 27% from its December peaks, ADA’s price movements have raised a mix of concerns and expectations among its user base and investors. Despite the current price stagnation, multiple technical metrics and historical
Recent developments in the artificial intelligence sector, particularly from the Chinese startup DeepSeek, have had a resonating impact on risk assets globally. Their new AI model, R1, has emerged as a direct competitor to American tech giant OpenAI’s platform, O1. As R1 skyrocketed in downloads, overtaking ChatGPT as the leading free application on Apple’s App
Over the past weekend, discussions erupted within the cryptocurrency community surrounding the prospect of a U.S. digital asset reserve that would potentially include more than just Bitcoin. Among the various cryptocurrencies, XRP emerged as the focal point of controversy, prompting Ripple CEO Brad Garlinghouse to step into the fray. Garlinghouse’s comments highlight a rift between
In a striking turn of events, KuCoin has confronted serious repercussions following its admission of guilt for operating as an unlicensed money-transmitting business. This admission was formalized in a settlement with the U.S. Department of Justice (DoJ) on January 27, which mandates the exchange to exit the U.S. market for a duration of two years
KuCoin, a prominent cryptocurrency exchange based in Seychelles, recently faced significant legal scrutiny resulting in a guilty plea for operating an unlicensed money-transmitting business. The repercussions of this settlement are vast, leading to substantial financial penalties exceeding $297 million, as well as operational consequences that could reshape the exchange’s business model and its engagement with
Ethereum, the second-largest cryptocurrency by market capitalization, has been the focal point of several technical analyses recently, particularly concerning its price trajectory. Renowned crypto analyst Kartik has identified a telltale flag and pole pattern, suggesting a potential breakout in the near future. This pattern was detected amidst a broader downtrend that had seen Ethereum stalling