Bitcoin's (BTC) price movement is on fire, and it is now testing a significant level of resistance that may open the floodgates for bulls and propel the BTC price far higher.
Stock market returns are overwhelmingly driven by a small group of winners. We expect the same trend in digital assets.Between 1926 and 2016, just five out of 25,300 publicly traded companies drove 10% of the entire U.S. stock market’s $35 trillion of total wealth creation:
There are three things commonly known about Sam Bankman-Fried. The first is he led one of the biggest derivative cryptocurrency exchanges in the world. The second is he will be tried for eight counts of money laundering, financial and elections fraud.Together, these charges &ndas
Dutch prosecutors investigating Tornado Cash developer Alexey Pertsev have recently gained access to his laptop, and are now using the data to probe key features of the case including whether he personally profited from the privacy service.An otherwise largely procedural hearing
They say time moves faster in crypto, and I’m not sure anyone feels that more than we journalists. We’re tasked with keeping track of more or less everything that’s going on, and tuning out for even a few days can leave you feeling so behind there’s no hop
Brian Armstrong is wrong: Staking is a security and the U.S. Securities and Exchange Commission (SEC) just proved it. He just misunderstood their position. This is where the lack of understanding of regulations on the crypto side is starting to get concerning. If we saw the same
This week, Glenn Williams Jr. taps his equity research analyst background – the land of price-to-earnings ratios and other valuation techniques – to sort out whether bitcoin is under- or overvalued.Then, Jennifer Murphy, the CEO of Runa Digital Assets, puts digital as
Tokenization is back. Some of you may remember the heyday of 2017-18, when everything was going to be tokenized and put on the blockchain. Banks were lining up to launch proofs of concept but clients were thin on the ground. Now, experimentation has spread well beyond the initial
Chalk up another point for the regulators as the crypto onslaught continues. I hate to make this about Bitcoin, but I will. Because in a way, this is about Bitcoin.The U.S. Securities and Exchange Commission (SEC) reportedly plans to sue crypto firm Paxos for violating investor p
Senator Elizabeth Warren (D-Mass.) confirmed during a Senate committee hearing Tuesday that she will reintroduce the controversial Digital Asset Anti-Money Laundering Act (DAAMLA) with one or more co-sponsors in the near future. It was originally introduced in December and did no
Senator Elizabeth Warren (D-Mass.) confirmed during a Senate committee hearing yesterday that she will reintroduce the controversial Digital Asset Anti-Money Laundering Act (DAAMLA) with one or more co-sponsors in the near future. It was first introduced last December and did not
South Korean securities firms and token issuers now have some clarity on how security tokens are defined under new guidance published Monday.South Korea's Financial Services Commission has defined security tokens as tokens that are digitized using distributed ledger technology, t
Mark Hays’ recent opinion piece in CoinDesk titled “Stablecoins Are Not Worth the Risk” is off-base, both in describing the risks and by dismissing the benefits of these novel financial assets. A properly designed dollar coin is safe and desirable, especially fo
Maximalist dogma does no one any good.While much has been written about Bitcoin maximalism’s impact as a cultural force (and its inevitable decline), less has been said about how the ideology drives financial markets – including its influence on deployment decisions f
What is a stablecoin? A common answer would be that a stablecoin is an instrument that attempts to maintain a steady value by either arbitrage or explicit backing represented on a private or public ledger.Stablecoins are thought of as new technology, but looking closely at this d
Although the last year has undoubtedly been a bear market, some cryptocurrency trading platforms made a great job of proving that the success of exchange tokens is closely tied to the success of the platforms they represent.
Crypto can’t become what many of its proponents want it to be without banks, but U.S. regulators are circling the wagons around the banking system they oversee. That barrier is only getting wider as the Federal Reserve and other agencies turn away crypto firms trying to lin
The focus of many in Washington, D.C., this year will be on crypto tokens – for example, FTT the token associated with failed exchange FTX. Without question there’s a role for oversight of the token economy to prevent abuses and to spotlight innovations. As this appro
The U.S. Securities and Exchange Commission’s attack on crypto has continued for a second week. Just as Asia got to work on Monday, the Wall Street Journal had a bombshell: the SEC was going after Binance-branded stablecoin BUSD.Going after BUSD might seem like a strange ta
The Securities and Exchange Commission’s attack on crypto has continued for a second week. Just as Asia got to work on Monday, the Wall Street Journal had a bombshell: the SEC was going after Binance-branded stablecoin BUSD.Going after BUSD might seem like a strange tactic