Author: CryptooTimes
The commodities regulator has been clear about the dangers of regulating a burgeoning industry through enforcement actions. Source link
The latest upswing in the crypto market rattled leveraged positions on both sides of the aisle, but short traders took the day’s biggest hit. Bitcoin (BTC) rallied over 13% in the past week, breaking above $70,000 for the first time since before the halving event last month. According to CoinMarketCap, the leading blockchain asset was less than 5% below its all-time high (ATH) set in March. Ethereum (ETH), the second-largest cryptocurrency, surged 30% over the week, reclaiming a $450 billion market and can soon test the $4,000 level. BTC and ETH rally | Source: CoinMarketCap A market-wide recovery accompanied the…
Ethereum’s co-founder explained how using MEV quarantining, MEV minimization, inclusion lists, and node requirements could mitigate the problem. Source link
It remains to be seen whether Biden will veto the measure, despite the fact that the independent Government Accountability Office (GAO) said the SEC inappropriately imposed the guidance. However, the important thing here is that sane, bipartisan, crypto rulemaking is possible, despite the opposition of figures like arch crypto skeptic Senator Elizabeth Warren (D-MA). Source link
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. ChatGPT-4o identifies the top crypto pick 2024 investment between Dogecoin, Shiba Inu, and Rollblock. Dogecoin (DOGE) and Shiba Inu (SHIB) are two of the most popular memecoins in the industry that have risen in value significantly over the years. As a result, they have been the go-to cryptocurrencies for diversification among Web3 circles. However, as of recently, Rollblock (RBLK), a casino-based token has also risen in value and in demand, resulting in higher accumulation. Today, we ask ChatGPT-4o to…
KlimaDAO and the Japanese stablecoin issuer may eventually trade carbon credits internationally. Source link
Uniswap Labs moved Tuesday to quash a looming regulatory battle over Ethereum’s dominant decentralized crypto exchange, imploring the Securities and Exchange Commission in legal filings that its planned lawsuit wasn’t worth the fight. Source link
Overcoming identity challenges in defi is crucial for institutional investment. Explore solutions to unlock this trillion-dollar bottleneck. Decentralized finance (defi) is rapidly transforming the financial landscape, offering unprecedented opportunities for innovation and democratization of financial services. However, despite the buzz and potential, institutional investment in defi remains surprisingly low. According to analysts, this gap is not due to a lack of interest but rather significant compliance challenges that traditional financial (tradfi) institutions face when considering defi investments. Institutional investors are accustomed to a well-regulated environment where compliance with know-your-customer (KYC) and know-your-business (KYB) regulations is mandatory. These regulations are designed…
Bitcoin derivatives data suggests room for additional price upside in the coming weeks as Ethereum ETF approval chances rise. Source link
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