SEC fines Coinschedule $200K over sponsored, favorable ICO ratings
The SEC asserts that Coinschedule violated anti-touting provisions of U.S. securities laws. Go to Source Powered by WPeMatico
Month: July 2021
First look: Spike Lee’s TV ad for crypto touts it as new money for a diverse world
Coin Cloud chose Spike Lee to direct the crypto commercial specifically for his experience in exploring social issues, and the firm noted they wanted to “spark important dialogue” with the ad campaign. Go to Source Powered by WPeMatico
Bank of America: Bitcoin Now 3rd Most Crowded Trade After Tech Stocks and ESG in New Fund Manager Survey
Bank of America’s latest global fund manager survey shows that “long bitcoin” is now the third most crowded trade. The most crowded trade is now “long tech stocks,” followed by “long ESG.” Bank of America’s global fund manager survey for July, published Tuesday, shows that “long bitcoin” has fallen to third place among the most … Read more
SEC Charges Token Listing Website With Unlawfully Touting Crypto Securities
The U.S. Securities and Exchange Commission (SEC) has charged a token listing website with unlawfully touting crypto securities. The site did not disclose that it was paid by the token issuers to profile their coin offerings. SEC Charges Website Touting Security Tokens Without Clarifying Which Tokens Are Securities The U.S. SEC announced Wednesday that a … Read more
Triple-digit gains make Dogecoin and Ethereum Classic the top performers of Q2
Bitcoin and Ethereum were the center of attention in Q1 but data shows DOGE, ETC and MATIC were the top performers of Q2. Go to Source Powered by WPeMatico
Fed Chair says stablecoins need stricter regulation, speaks on CBDC
He stated that stablecoins need stricter regulations if they are to be part of the payment universe. Go to Source Powered by WPeMatico
SEC delays decision on Wisdom Tree Bitcoin ETF
The Securities and Exchange Commission has asked for comments regarding Wisdom Tree’s proposed Bitcoin ETF. Go to Source Powered by WPeMatico
Internet Company The9 Reveals Hosting Partnership With Russian Bitcoin Miner Bitriver
During the first week of April, the publicly-listed gaming and internet company The9 Limited revealed its intentions to purchase 2,000 Avalonminers from the manufacturer Canaan. On Monday, The9 announced it has signed a hosting agreement with the Russian-based firm Bitriver as the company will leverage 15 megawatts (MW) of Bitriver’s capacity for two years. The9 … Read more
Dolce and Gabbana to launch of an exclusive NFT collection
Dolce and Gabbana announced the first in a line of NFTs in partnership with luxury marketplace UNXD. Go to Source Powered by WPeMatico
Record low Bitcoin velocity suggests BTC may ‘move to the downside’
Weekly Bitcoin transactions and velocity hit record lows, leading one analyst to suggest that even with BTC stable at $33,000, further downside could ensue. Go to Source Powered by WPeMatico