Cryptocurrency Market

  • Market Cap: $2,254,250,975,571.88
  • 24h Vol: $64,466,920,632.56
  • BTC Dominance: 55.64%

Bitcoin

bank-of-france-governor-calls-for-mandatory-licensing-for-crypto-companies

Bank of France Governor Calls for Mandatory Licensing for Crypto Companies

France has to adopt a licensing regime for crypto service providers, the head of the country’s central bank has suggested. According to the executive, the need to tighten regulatory oversight stems from the “disorder” in the industry throughout the past year. Licensing Should Replace Registration for Crypto Firms in France, Governor Galhau Says Banque de […]

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doj-asks-victims-of-sam-bankman-fried’s-fraud-to-come-forward

DOJ Asks Victims of Sam Bankman-Fried’s Fraud to Come Forward

The U.S. Department of Justice (DOJ) has asked victims of former FTX CEO Sam Bankman-Fried (SBF)’s fraud to come forward. The former FTX executive has been charged with “defrauding customers of FTX.com, investors in FTX.com, and lenders to Alameda Research,” the Justice Department noted. DOJ Urges Victims of SBF Fraud to Come Forward The U.S.

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billionaire-mark-cuban-warns-of-next-crypto-implosion-coming-from-wash-trades

Billionaire Mark Cuban Warns of Next Crypto Implosion Coming From Wash Trades

Mark Cuban, a Shark Tank star and the owner of the NBA team Dallas Mavericks, has warned that the next crypto implosion could come from “the discovery and removal of wash trades” on centralized exchanges. The billionaire’s comments followed the collapse of crypto exchange FTX which wiped out billions of dollars of customer funds. Mark

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former-fed-chair-alan-greenspan:-crypto-is-too-dependent-on-‘greater-fool-theory’-to-be-a-desirable-investment

Former Fed Chair Alan Greenspan: Crypto Is Too Dependent on ‘Greater Fool Theory’ to Be a Desirable Investment

Former Federal Reserve Chairman Alan Greenspan says crypto is “too dependent on the ‘greater fool theory’ to be a desirable investment.” However, he noted that the collapse of crypto exchange FTX was “purely fraud,” rather than the result of a feature inherent to crypto. He does not expect the FTX contagion to spread far beyond

Former Fed Chair Alan Greenspan: Crypto Is Too Dependent on ‘Greater Fool Theory’ to Be a Desirable Investment Read More »

jim-cramer-expects-sec-to-‘do-a-roundup’-of-uncompliant-crypto-firms-—-urges-investors-to-get-out-of-crypto-now

Jim Cramer Expects SEC to ‘Do a Roundup’ of Uncompliant Crypto Firms — Urges Investors to Get Out of Crypto Now

The host of Mad Money, Jim Cramer, says he expects the U.S. Securities and Exchange Commission (SEC) to do a roundup of crypto firms that are not compliant with regulation. Expecting the SEC “to sweep everything,” Cramer urges investors to “get out” of crypto now. Jim Cramer’s Latest Crypto Warnings The host of CNBC’s Mad

Jim Cramer Expects SEC to ‘Do a Roundup’ of Uncompliant Crypto Firms — Urges Investors to Get Out of Crypto Now Read More »

wyre-announces-modification-of-withdrawal-policy,-pushing-topps-to-temporarily-suspend-nft-marketplace-transactions

Wyre Announces Modification of Withdrawal Policy, Pushing Topps to Temporarily Suspend NFT Marketplace Transactions

Following reports that the crypto payments firm Wyre was shutting down operations, CEO Ioannis Giannaros offered a contradicting story, stating that the firm was merely “scaling back.” Wyre has now announced that it is “modifying” its withdrawal policy, citing the crypto industry downturn and the “macroeconomic climate” as factors that have affected the company. On

Wyre Announces Modification of Withdrawal Policy, Pushing Topps to Temporarily Suspend NFT Marketplace Transactions Read More »

sberbank-analyst’s-editorial-delves-into-the-‘tremendous-potential’-of-a-brics-reserve-currency-fueling-de-dollarization

Sberbank Analyst’s Editorial Delves Into the ‘Tremendous Potential’ of a BRICS Reserve Currency Fueling De-Dollarization

During the last month, Russia’s ruble has dropped 16.48% against the U.S. dollar as energy and commodity prices have slowed over the last few weeks. Russia’s central bank revealed two weeks ago that it is further distancing itself from U.S. dollar dependence by purchasing the Chinese yuan on foreign exchange markets. Roughly around the same

Sberbank Analyst’s Editorial Delves Into the ‘Tremendous Potential’ of a BRICS Reserve Currency Fueling De-Dollarization Read More »

report:-federal-prosecutors-in-new-york-probe-digital-currency-group-and-subsidiary-genesis

Report: Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary Genesis

Following accusations from Gemini co-founder Cameron Winklevoss in an open letter to Digital Currency Group CEO Barry Silbert, a report citing “people familiar with the matter” states that federal prosecutors from New York are scrutinizing transfers between Digital Currency Group and its subsidiary, Genesis Global Capital. Report Claims Digital Currency Group, Genesis Global Capital Allegedly

Report: Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary Genesis Read More »

bitcoin-hashrate-reaches-all-time-high,-boost-could-lead-to-record-setting-difficulty-increase

Bitcoin Hashrate Reaches All-Time High, Boost Could Lead to Record-Setting Difficulty Increase

During the first week of the new year, Bitcoin’s hashrate reached an all-time high (ATH) on Jan. 6, 2023, at block height 770,709. The network recorded a milestone of around 361.20 exahash per second (EH/s) on Friday, jumping more than 4% higher than the previous record of 347.16 EH/s recorded on Nov. 12, 2022. Network’s

Bitcoin Hashrate Reaches All-Time High, Boost Could Lead to Record-Setting Difficulty Increase Read More »

fintechs-accounted-for-over-30%-of-tracked-kenyan-tech-startups-in-2022-—-study

Fintechs Accounted for Over 30% of Tracked Kenyan Tech Startups in 2022 — Study

As of November 2022, Kenyan fintechs accounted for 30.2% or 93 out of the 308 tracked tech startups, a Disrupt Africa study recently found. In addition, the study findings show that the fintech sub-sector alone accounted for 3,100 or 27% of the 11,462 people that were employed by tech startups during the same period. Fintechs

Fintechs Accounted for Over 30% of Tracked Kenyan Tech Startups in 2022 — Study Read More »