business-crypto

NEW YORK: The U.S. Securities and Exchange Commission on Tuesday sued Coinbase (COIN.O), accusing the largest U.S. cryptocurrency platform of operating illegally because it failed to register as an exchange. The lawsuit is the SEC’s second in two days against

SINGAPORE: Bitcoin prices on the Australian arm of Binance, the world’s largest crypto-currency exchange, were at a 20% discount to rival exchanges on Tuesday, in a sign customers were seeking to exit their positions quickly. The price of the world’s

Things are heating up on the bitcoin blockchain. Daily transactions have rocketed to an all-time high of 682,000 this month, according to data from Glassnode, almost 40% higher than the previous peak in 2017. Bitcoin’s dominance, or its share of

The world’s first complete set of laws to regulate crypto assets received final approval from European Union states on Saturday , building pressure on nations like Britain and the United States to play catch-up. Regulations were hammered out with the

Cryptocurrency investments in Britain should be regulated like the gambling industry, UK lawmakers said Wednesday. The plea, from parliament’s powerful cross-party Treasury Committee, came one day after EU ministers agreed on tougher tax rules for crypto transactions. Global authorities are

SINGAPORE: Cryptocurrency ether leapt more than 5% in early Asia trade on Friday as traders breathed a sigh of relief that a software upgrade this week ran relatively smoothly. The second-biggest cryptocurrency by market capitalization, ether rose to as high

The price of the cryptocurrency Bitcoin has risen to a record high, reaching its highest level this year. Bitcoin has crossed the $30,000 mark for the first time in 10 months. It has been seen for the first time since

Singapore’s central bank and police authorities have been helping banks to set uniform standards for fine-tuning their vetting approach when opening crypto accounts. The project has been ongoing for about six months, the Bloomberg story said. A separate industry report

WASHINGTON: The US has arrested the Russian founder of a cryptocurrency exchange based in China. The Russian founder of a China-based cryptocurrency exchange has been arrested for disrupting an online platform used by the darknet, according to US authorities. Read

PARIS: A meme-inspired cryptocurrency’s price jumped on Tuesday after Elon Musk changed the bluebird logo of Twitter to a dog associated with the digital token, despite the mogul being sued over his previous promotion of the coin. Musk bought Twitter

After venture capitalist and former CTO at cryptocurrency trading platform Coinbase Balaji Srinivasan made a shocking claim that Bitcoin (BTC) could reach the price of $1 million in the following three months, many in the crypto community became intrigued, wondering

Bullish bitcoin has been a surprise winner of the banking blowout. Yet investors aiming to amp up their bets face an ominous obstacle: a lack of liquidity that could trigger wild price swings. The price of the No.1 cryptocurrency has

Expectations of increased U.S. dollar liquidity to support the banking sector following a string of forced closures has helped bitcoin (BTC) rally, but other factors are also at play, Morgan Stanley said in a research report. Bitcoin, the world’s largest

ACCRA, GHANA — Block CEO Jack Dorsey and his top brass descended on Accra for the inaugural Africa Bitcoin Conference in December to talk about one of the most potentially disruptive and transformative alternatives to the continent’s existing financial system:

After surpassing $28,000 for the first time in nine months, bitcoin traded between $27,300 and $28,350 over the past 24 hours, as investors await a decision by the Federal Reserve on interest rates on Wednesday. Traders are predicting a 25

LONDON/HONG KONG: Bitcoin climbed to a nine-month high on Monday as turmoil in the banking sector drives some investors to turn to digital assets, as the cryptocurrency built on its best week in four years. The biggest cryptocurrency rose as

Bitcoin tickers down $28,064 approached a key weekly close on March 19, with traders concerned about a retest of lower levels. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $27,000 on Bitstamp. After briefly tapping $28,000 into the

LONDON: Bitcoin hit a nine-month high, taking gains past 30% in four days as it shrugged off chaos in global markets after last week’s collapse of Silicon Valley Bank and rode expectations that U.S. interest rates won’t rise so fast.

LONDON: Major cryptocurrencies stabilised on Monday after U.S. authorities announced plans to limit the fallout from the collapse of Silicon Valley Bank (SVB) and the issuer of the USD Coin stablecoin said it remained redeemable with the dollar. U.S. authorities

LONDON: Major cryptocurrencies stabilised on Monday after U.S. authorities announced plans to limit the fallout from the collapse of Silicon Valley Bank (SVB) and the issuer of the USD Coin stablecoin said it remained redeemable with the dollar. U.S. authorities

NEW YORK: The cryptocurrency known as USDC, which was believed to be a stable coin, experienced a significant decrease in value after Circle, the company that created it, revealed that it held $3.3 billion in the now-failed Silicon Valley Bank (SVB) and could

 Crypto-focused bank Silvergate Capital Corp (SI.N) said it planned to wind down operations and voluntarily liquidate after it was hit with losses following the dramatic collapse of crypto exchange FTX, sending its shares down 35% in after-hours trade. The decision