Crypto firms strike SEC, Washington over lack of clarity on rules
Crypto companies are frustrated with the US government for the lack of clear rules for the industry and the Securities and Exchange Commission for its aggressive...
Tagged: business news
Fanatics sells its 60% stake in NFT company Candy Digital
Michael Rubin’s sports platform company Fanatics is divesting its 60% stake in NFT company Candy Digital, according to an internal email obtained by CNBC. Fanatics, which...
Bitcoin falls after CFTC sues crypto exchange Binance for allegedly violating trading rules
A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin’s price this year. STR | Nurphoto via...
Bitcoin’s March rally may be fading. Here’s where investors see it going from here
Bitcoin held on to new highs this week and saw the biggest stock market inflows of the year, but the rally may slow, investors say. The...
Hong Kong’s Crypto Hub Ambitions Despite China’s Intervention
Bitcoin logo seen on a smartphone with a Hong Kong flag in the background. Sopa pictures | Lightrocket | Getty Images The crypto industry has had...
Bitcoin, ether on track for positive February despite fading risk rally in 2023
Jtsorrell | Istock | Getty Images Bitcoin and ether are on track for a modest February win, even after suffering a big drop earlier in the...
Tether estimates around $1.6 billion in excess reserves to support USDT
Cryptocurrency firm Tether estimates it will make $700 million in profit in the March quarter, taking its total profit reserves to over $1 billion, the company’s...
Crypto firms hit out at SEC, Washington for lack of clarity on rules
Crypto companies are frustrated with the US government for their lack of clear regulations on the industry and the Securities and Exchange Commission for its actions...
Bitcoin posts best week since January 2021
Bitcoin had a tough 2022. Now, investors are eyeing 2023 with caution when it comes to cryptocurrencies. Thomas Trutschel | Photothek | Getty Images Cryptocurrencies resumed...
Bitcoin’s market dominance is on the rise. Here’s what it says about interest rate expectations
Bitcoin’s market dominance has increased in March and is now up to levels not seen since June. A cryptoasset’s “dominance” measures how much of it makes...