Bitcoin bottomed at $56K? BTC price chart hints at breakout within days
Adding to the bullish technical formation, Bitcoin’s distribution ‘danger zone’ has officially ended, according to popular analyst Rekt Capital. Go to Source
United States
Auto Added by WPeMatico
MoonPay donates to Coinbase’s Stand With Crypto campaign
Crypto payment firm MoonPay is among the first crypto advocates to support Coinbase-initiated pro-crypto PAC related to the upcoming U.S. election. Go to Source
Franklin Templeton CEO says all ETFs and mutual funds will be on blockchain
She also warned that generative artificial intelligence was like the “kid that got an ‘F’ in math.” Go to Source
Coinbase’s Stand With Crypto launches political action committee
The advocacy group said it will begin officially endorsing political candidates for “common-sense crypto policy” in the U.S. Senate and House of Representatives. Go to Source
SEC has taken ‘too expansive’ a view of crypto, says former commissioner
Former SEC commissioner Troy Paredes was not the first to criticize the U.S. financial regulator’s lack of clarity on digital assets. Go to Source
Digital Currency Group revenue jumps 51% in 1Q24 despite GBTC outflows
Revenue at Digital Currency Group (DCG) increased 51% to $229 million in the first quarter of 2024, driven by the rebound in crypto markets. Go to Source
President Biden says he would veto resolution countermanding SEC crypto rule
After the U.S. House of Representatives postponed proceedings on a resolution overturning an SEC policy affecting crypto, President Joe Biden said he would veto the measure. Go to Source
Ex-Digitex Futures Exchange CEO pleads guilty to violating Bank Secrecy Act
U.S. authorities indicted former Digitex CEO Adam Todd in February for failure to implement and maintain an effective Anti-Money Laundering program at the exchange. Go to Source
Crypto must adapt to laws, not the other way around — John Reed Stark
Former SEC official John Reed Stark has criticized the misuse of “regulation by enforcement” claims in a hearing before U.S. Congress. Go to Source
Crypto is ‘top of mind for voters’ in US swing states — Harris Poll
A majority of respondents with crypto-positive views said they intended to vote in 2024, where tight elections in certain states could swing to either political party. Go to Source