Browsing: Cryptocurrency

President Trump has urged Congress to enact legislation that would enhance the legitimacy of the cryptocurrency sector, a move that could impact Bitcoin and other digital assets. This call for legislative action came during a gathering with major figures from the cryptocurrency industry, including executives from Coinbase and Ripple. The push for regulatory clarity aligns…

Cryptocurrency exchange Bitfinex stated that Bitcoin may be close to exiting its long period of weak market conditions, explaining that the fundamental conditions to support an uptrend have largely been met. It was noted that two of the three conditions necessary for Bitcoin to enter a sustained upward trend have already been fulfilled.

Bitcoin held steady near $64,250 on Wednesday, inching up on the day and adding roughly 1% for the week, even as a sharp selloff tore through global semiconductor stocks. The split screen was hard to miss: while digital assets mostly drifted higher, the cryptocurrency and semiconductor market told two very different stories on the same…

The U.S. Securities and Exchange Commission (SEC) has proposed a new securities regulatory framework specifically designed for certain investment contracts linked to crypto assets. Called the “Crypto Assets Regulation,” the proposal aims to make it easier for crypto companies to raise capital in the U.S. and to clarify which transactions are subject to federal securities…