News

The Consumer Financial Protection Bureau (CFPB) has proposed a new rule that would expand its oversight to include parties involved in general-use digital consumer payment applications. This rule would apply to fund transfer or wallet providers if the funds are used by individuals for certain non-commercial purposes. Additionally, the CFPB's definition of 'funds' would encompass some digital asset transactions.

A widely followed crypto trader is predicting that Bitcoin (BTC) will suddenly soar in price and reach a new all-time high while many are caught on the sidelines.

FTX, a bankrupt crypto exchange, has filed a request with a judge to sell off $744 million worth of assets. The company, along with its debtors, aims to sell its Grayscale and Bitwise assets through an investment adviser.

In a recent interview, sFOX founder Akbar Thobhani highlighted the unique approach of their staking platform. Unlike other projects, sFOX provides a gateway to staking without intermediaries or profit-sharing.

The price of the ORDI token, which is tied to the Bitcoin Ordinals protocol, experienced a significant surge of 50% within a span of 24 hours after being listed on the popular cryptocurrency exchange Binance. This listing was done under the 'seed' tag, which signifies that ORDI is an emerging project with higher-than-normal risk and potential price volatility.

The recently concluded high-profile criminal lawsuit against Bankman-Fried has resulted in his condemnation. He has been found guilty on all counts and now faces the prospect of jail time.

The number of large Chainlink (LINK) wallets has reached a new all-time high, according to the latest data from a leading crypto analytics firm. This surge in wallets holding at least 1,000 LINK comes as the price of the project's native asset rallies to a fresh 19-month high.

The co-founders of a top crypto data analytics firm, Glassnode, have identified a reliable Bitcoin (BTC) indicator that suggests bullish moves for BTC. They share this information with their followers on the social media platform X, under the handle Negentropic.

The institutional embrace of crypto is not a threat to the original vision of digital assets, but rather a catalyst for its further development and innovation.

Consensus 2024 is CoinDesk's highly anticipated annual event that serves as a gathering place for the crypto, blockchain, and Web3 communities. This event, which has been running for many years, is known for its influential speakers, insightful discussions, and networking opportunities.

Venture capitalist Arthur Cheong is optimistic about the future of the Cosmos (ATOM) ecosystem. Recent developments, such as the migration of dYdX (DYDX) to Cosmos, have increased the ecosystem's total value locked (TVL) and brought significant activity.

Light clients play a crucial role in data availability solutions such as Avail and Celestia. These solutions aim to alleviate the strain on primary blockchain networks like Ethereum by handling queries for historical transaction data. As Ethereum's network of affiliated 'layer-2' networks continues to grow, the demand for data storage and access is expected to increase significantly.

Bloomberg Intelligence analyst Jamie Coutts believes that Solana (SOL), a competitor of Ethereum (ETH), is well-positioned to perform stronger against fellow ETH rival Cardano (ADA).

The global financial landscape is currently dominated by the United States, which has no incentive to design a new system and is content with the current one. However, China has been actively working to expand its economic reach beyond its borders, aiming to increase its global influence through smoother and broader trade. Additionally, there is a growing demand for an alternative financial system from countries struggling to obtain enough dollars to pay for imports. Moreover, countries with geopolitical grievances against the U.S. have strong reasons to believe that the current system could become even more weaponized.

Whale Alert, a leading crypto-tracking platform, has recently revealed data on significant whale transfers involving Shiba Inu tokens. These transfers have sparked speculation within the crypto community.

The ongoing correction in MEME price may replenish bullish momentum for a high bullish rally.