Indian Supreme court rejects crypto petition, highlights legislative nature
Listening to the plea, the bench headed by the Chief Justice of India (CJI) remarked that the petitioner’s demands are more legislative in nature. Go to Source
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UK cryptocurrency scams jump 23%, young investors prime targets: Lloyds Bank
According to the bank, potential cryptocurrency investors usually make an average of three payments before recognizing they’ve fallen victim to a scam. Go to Source
Is it altseason? Altcoin 30-day performance and total market cap flash bullish
3 key data points highlight the 60-day strength shown by altcoins. Go to Source
Progmat stablecoin platform takes shape as wallet, liquidity providers join
Progmat Coin hopes to issue yen- and dollar-pegged “trust-type” stablecoins next summer to accommodate around-the-clock settlement. Go to Source
‘Premier’ crypto cop CFTC reveals record-setting digital asset enforcement in 2023
The statement released by the CFTC shows that about 50% of the cases brought to its attention in 2023 involved crypto. Go to Source
Bitcoin supply held by long-term holders hits all-time high — Research
Bitcoin’s recent rally to a 2023 high is backed by on-chain and sentiment data. Go to Source
Coinbase beefs up its global advisory council with four national security experts
Coinbase is getting wonky with prominent names in national security from both sides of the U.S. political divide. They will join former lawmakers and other strategists. Go to Source
Multiple buyers consider purchase and relaunch of ‘irreparable’ FTX
Rebooting a tarnished name is difficult and some firms are so utterly compromised by their failures that there is no real hope of rehabilitation. Go to Source
SEC Inspector General says prohibition on crypto ownership hinders agency hiring
Besides being short on crypto specialists, the SEC OIG noted a litany of problems that are already familiar – lack of legislative clarity, lack of interagency coordination, etc. Go to Source
CME Bitcoin futures hit record high, but uncertainty looms above $36K
CME Bitcoin futures hit a 2-year high, but options market data reflects investors’ hesitancy. Go to Source
