Browsing: Crypto

Bitcoin surged above $66,500 for the first time since July, supported by fresh US crypto regulatory developments, renewed spot Bitcoin ETF inflows and a significant technical breakout. Bitwise Chief Investment Officer Matt Hougan described the latest developments as creating an increasingly bullish environment for Bitcoin and the broader cryptocurrency market.

Short sellers lost nearly $2.7 billion in 24 hours as bitcoin surged toward $70,000, the largest wave of forced short closures in records going back to 2021.

Nexo Australia has launched regulated Credit Lines after being appointed as a Credit Representative, marking an expansion of the crypto lender’s local services under Australia’s National Consumer Credit Protection Act.

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In the turbulent waters of cryptocurrency, regulatory navigation can be the lifeboat or the anchor for a firm. This truth is underscored by BitGo Korea’s recent triumph in attaining VASP registration — a significant endorsement that empowers the firm to operate legally within South Korea’s digital asset arena. This isn’t just a regulatory checkbox being…

Senior executives from the U.S. crypto industry met with Commerce Secretary Howard Lutnick and urged swift passage of the CLARITY Act, while discussing how the White House could help secure bipartisan support for the bill, according to a report.

The broader cryptocurrency market is regaining strength, pointing toward a renewed bull run. The US Treasury Department announced on Wednesday that it will buy back more of its longer-term bonds, in an effort to curb a sharp increase in borrowing costs. 

[DigitalToday reporter Yoonseo Lee (이윤서)] U.S. cryptocurrency exchange UEX.US has listed Shiba Inu (SHIB) and rolled out deposit rewards and collateral loan services.

Picture this: your hard-earned cryptocurrency, once safe in the confines of an exchange, suddenly hangs in the balance of a financial collapse. Such is the stark reality many face as crypto exchanges like FTX, Celsius, and Voyager Digital buckle under the weight of bankruptcy. What unfolds in these tumultuous situations? The stakes are high, and…

The SEC announced on Tuesday that it had filed a proposal titled “Regulation Crypto Assets”, giving crypto entrepreneurs a clearer, considerably lighter route to raising capital under federal securities law, according to the press release published by the regulator.