The House Financial Services Committee is concerned about the Federal Reserve Board’s recent regulatory actions on payment stablecoins, arguing they could hinder Congress’s digital asset framework, impose additional regulatory burdens, and potentially cause financial repercussions. (Read More)

Chainalysis’ head of investigations doesn’t seem to have a great understanding of whether her company’s flagship software even works. Elizabeth Bisbee, head of investigations at Chainalysis Government Solutions, testified she was “unaware” of scientific evidence for the accuracy of Chainalysis’ Reactor software used by law enforcement, an unreleased transcript of a June 23 hearing shows. […]

It’s all about the 200-week EMA and the area just below $26,000 if Bitcoin bulls are to stand a chance, BTC price analysis says. Bitcoin (BTC) recovered its weekly close losses on Aug. 28 as risk assets rose on China tax cuts. BTC/USD 1-hour chart. Source: TradingView BTC price 200-week EMA stands out as support […]

In 2023, multiple dormant bitcoin transactions caught the public’s attention and made headlines. Sunday night marks another significant event after a ‘sleeping bitcoin’ whale from 2017 stirred, spending an impressive 1,177.89 BTC — worth more than $30 million — from seven distinct bitcoin addresses, untouched for just over six years. 1,177 Bitcoin From 2017 Move […]

DEX aggregator 1Inch withdrew over $40 million worth of cryptocurrencies from its investment fund and purchased $10 million worth of Ethereum during the early hours of Aug. 28 at an average price of $1650, according to Etherscan data. A breakdown of the withdrawals showed that the DeFi platform withdrew 41.8 million worth of Tether’s USDT, […]

The post Crypto Exchanges in South Korea To Hold Minimum Reserves Starting September appeared first on Coinpedia Fintech News Starting in September, South Korean cryptocurrency exchanges that offer real-name accounts will be required to maintain a minimum reserve fund. A step towards enhancing user protection and guarding against hacking and system failures. This move is […]

The post SEC’s Cardano Stance Questioned by Hoskinson; InQubeta and Polygon Enjoy Growing Interest appeared first on Coinpedia Fintech News The United States Securities and Exchange Commission (SEC) has made a lot of noise in the crypto community because of its aggressive stance in recent times. Among its latest actions are charging several companies and […]

The post Litecoin’s Bearish Pressure Intensifies As Accumulation Lacks Confidence – What’s Next For LTC Price? appeared first on Coinpedia Fintech News In the past 30 days, the price of Litecoin (LTC) has experienced a downward trend, dropping nearly 30% since its halving event. This decline has presented investors with a tempting chance to heavily […]

Coinspeaker 1inch Investment Fund Acquires $10M Worth of Ethereum A crypto wallet associated with the 1inch Investment Fund has purchased a significant portion of Ethereum (ETH) worth around $10 million. The wallet, known for its calculated moves, acquired 6,088 ETH at $1,655. The move comes shortly after the wallet’s earlier dollar-cost averaging (DCA) buys during […]

The newest issue of Bitcoin Magazine is now available for purchase. Called “The Withdrawal Issue,” this limited edition print collectible finds some of the world’s best Bitcoin journalists exploring the current issues in the U.S. banking system, including the most recent regional bank failures caused by reckless actions at the Federal Reserve. The front and […]