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Business

ASIC calls for closer engagement, but crypto industry says rules are unclear

The Australia Securities and Investments Commission, or ASIC, is urging local blockchain and crypto firms to engage with regulators to help them foster innovation in

Bitcoin

Did a massive Chinese power outage cause Bitcoin’s crash down to $50K?

Woo noted reports identifying the blackouts were published late last week, with the power outages occurring to facilitate safety inspections in response to a recent

Business

Crypto users demand reinstatement of Pakistani government adviser following sudden resignation

Many users on social media have started an online campaign for Pakistan Prime Minister Imran Khan to bring back pro-crypto adviser Zia Ullah Bangash. On

Invest

Dow Jones, S&P 500, and Nasdaq advanced as investors remain optimistic about economic recovery

The U.S. stock market ended higher on Friday, and Wall Street’s three main indexes advanced as investors took solid economic data and bank earnings as

Bitcoin

Dogecoin, CryptoCurrency Reddit communities surge as crypto euphoria heats up

With much of the market fixated on Bitcoin’s (BTC) sudden price correction over the weekend, retail interest in digital assets appears to be on the

Cryptocurrencies

Top 5 cryptocurrencies to watch this week: BTC, VET, SOL, EOS, FTT

Bitcoin (BTC) price witnessed a sharp dump to $50,900 on April 18, which some analysts attribute to a drop in hash rate and rumors of

Business

China is studying crypto as an investment tool, says PBoC deputy governor

Li Bo, recently appointed deputy governor of the People’s Bank of China, or PBoC, reportedly spoke on the benefits of crypto as an investment tool

Business

More IRS summonses for crypto exchange account holders

The United States Internal Revenue Service has been hunting crypto vigorously for more than five years now, and the pace is getting faster. A couple

Bitcoin

Peak fear? Bitcoin funding rates crash to lowest levels in 7 months

The funding rate of Bitcoin (BTC) has dropped to levels not seen since September 2020 as the price of Bitcoin plummeted below $52,000 on April

Cryptocurrencies

SEC loses a battle to win the war? Ripple dissociates from pumping XRP

When the United States Securities and Exchange Commission filed legal action against Ripple Labs and its top-two executives in December, alleging that its XRP coin