Coinbase’s Legal Chief: SEC Is Bent on Choking the Digital Asset Industry

Coinbase’s chief legal officer, Paul Grewal, announced that the crypto exchange has filed a closing brief in the Third Circuit challenging the SEC’s denial of their rulemaking petition. The brief argues that the SEC’s order, which disagrees with claims that SEC rules are unworkable for digital asset firms, lacks reasoned decision-making. Grewal asserts that the … Read more

Veteran Trader Peter Brandt Predicts 100 Oz of Gold per Bitcoin

Veteran trader Peter Brandt, with over four decades of experience, has highlighted bitcoin’s consistent gains against gold since its inception, foreseeing that 100 ounces of gold will be needed to buy a bitcoin. Meanwhile, Peter Schiff has insisted that the cryptocurrency “has underperformed gold for the past 2.5 years.” Peter Brandt Foresees Bitcoin Hitting 100 … Read more

Companies Turn to Crypto for Payments as G7 and EU Mull Sanctions on Russian SWIFT Equivalent

Some Russian companies have turned to using crypto to settle payments and protect themselves from potential secondary sanctions from Western countries. At least two top metal producers have transacted using USDT, the largest stablecoin in the crypto market, as the G7 and the EU mull more sanctions against alternatives for these operations. Crypto Used as … Read more

BlockDAG Spearheads 2024 Crypto Innovations with Keynote and $20 Forecast as AVAX Stabilizes and Bittensor Expands

Amid market adjustments, a promising forecast for Avalanche prices anticipates an increase to $83.92 by the end of the year. Simultaneously, the Bittensor (TAO) rally gains momentum from a newly launched iOS wallet, significantly improving user engagement through advanced AI integration.  BlockDAG makes a striking impression with a $39.3 million fundraising campaign, highlighted by a … Read more

Crypto Voter Backlash: How Biden’s Veto May Have Cost Him the 2024 Election

After a period of intense scrutiny of the cryptocurrency industry, many speculated that the Biden administration had reversed its stance by allowing the U.S. Securities and Exchange Commission (SEC) to approve several spot ethereum exchange-traded funds (ETFs). However, President Joe Biden has vetoed the latest resolution intended to quash the SEC’s crypto asset rules in … Read more

Banking Associations Support Resolution to Overturn SEC’s Controversial Crypto Rules

The American Bankers Association, Bank Policy Institute, Financial Services Forum, and Securities Industry and Financial Markets Association sent a letter to President Joe Biden on May 31, urging him to sign the resolution passed by Congress to overturn the SEC’s Staff Accounting Bulletin 121 (SAB 121). The letter outlines that SAB 121, issued without regulatory … Read more

Inside the Crypto Fortunes of Justin Sun, Vitalik Buterin, and Other Influencers

According to analytics, several prominent crypto influencers hold substantial amounts of money onchain. For example, Tron founder Justin Sun has more than $1 billion in crypto assets. Ethereum co-founder Vitalik Buterin’s associated addresses indicate holdings of $935.25 million in digital currencies. Alongside crypto influencers, celebrities also possess a substantial amount of digital assets onchain. Tracking … Read more

BlockDAG’s Dashboard Revolution Propels Presale to $39.3M, Outstripping Solana and Fetch.ai

While Sphere Labs uses the Solana platform to innovate with Spherebot, bridging banking and crypto seamlessly, and Fetch.ai (FET) moves cautiously amid a surge in interest, BlockDAG has powered ahead. A major dashboard upgrade has transformed its presale experience, boosting user transparency and functionality. This innovation, together with BlockDAG’s visible global footprint, including a recent … Read more