Crypto Liquidations Top $200 Million as Ethereum, Bitcoin Fall – Decrypt
Cryptocurrency market liquidations surged to a one-week high on Wednesday as the price of Bitcoin fell below $60,000. Over 74,000 traders lost $208 million in the past 24 hours. Coin Glass The data shows. Most of that – about $184 million – hit investors who had held long positions betting that prices would rise. The […]
Ro Khanna crypto roundtable seeks industry inroads for White House and Democrats
Rep. Tom Emmer (R-MN) joins “Making Money” to discuss a new bill aimed at protecting Americans’ privacy in digital currencies. Lo Khanna wants to save the $2 trillion cryptocurrency industry from a Trump takeover. The congressman, a progressive Democrat who represents a district that includes crypto-friendly parts of Silicon Valley, is reaching out to top […]
Mark Cuban slams Gary Gensler’s crypto rules: ‘The problem is not us, it’s you’ – AMBCrypto News
SEC Commissioner Mark Ueda called for clearer rules regarding cryptocurrency disclosure. Mark Cuban and Ethereum co-founder criticize the SEC’s unclear cryptocurrency regulation. Billionaire Entrepreneur Mark Cuban He again publicly criticized Chairman Gensler for his handling of cryptocurrency regulation. Cuban said on X (formerly Twitter): “The problem isn’t that crypto companies don’t want to register. The […]
Crypto: Ethereum Gas Fees Plummet, But At What Cost To The Network? – Cointribune EN
2:00 p.m. Four Takes a few minutes to read ▪ Luc Jose A. On June 30, 2024, a historic milestone was reached for Ethereum: the network recorded the lowest gas fees since 2016, news that sends seismic shock waves through the crypto ecosystem. This unexpected phenomenon occurred in the context of high transaction activity, redefining […]
Experts Unveil 2024's Most Promising Cryptos,These Alts Could Be Your Last Chance To Retire This Summer Memecoins Lead Crypto Profits in 2024: Explore MTAUR Presale Opportunities – The Crypto Basic
The most profitable sectors in the crypto industry for the first half of 2024 have been revealed, with meme coins and emerging sectors leading the way in generating significant gains. Recent data shows that meme coins topped the list with a staggering gain of 1,834% since the beginning of 2024, mainly due to the large […]
The Biggest Crypto Predictions for July 2024 – BeInCrypto
July will mostly be focused on the potential launch of a spot Ethereum ETF, but there are big events in store for Bitcoin and other key assets as well. BeInCrypto has rounded up the major developments that are likely to impact the cryptocurrency market next month. Bitcoin price could hit multi-month low Bitcoin price is […]
US Treasury finalizes crypto rules to prevent tax evasion – Engadget
People who own and sell cryptocurrency already have to pay tax on the proceeds, but the new rules mean Confirm The new rules will require crypto platforms, including exchanges and payment processors, to report users’ transactions to the IRS. The Wall Street JournalOfficials hope the move will help the IRS get an accurate picture of […]
XRP Not Dead, Says Top Trader Expecting Explosion Above $17 – The Crypto Basic
TradingShot, a widely followed market analyst on TradingView, argues that XRP is far from dead, noting that the asset is set to surge above $17. Critics have repeatedly XRP is a dead coinGiven its lackluster performance since the bull run began, XRP is hovering around $0.47, down 6% over the past week, reflecting the broader […]
Ripple CEO Slams CoinDesk Over Inaccurate Report on XRP – The Crypto Basic
Ripple CEO Brad Garlinghouse has criticized popular cryptocurrency news outlet CoinDesk for inaccurately reporting a recent court ruling regarding XRP. California District Court Judge Phyllis J. Hamilton issued Last week, a highly anticipated ruling was handed down in a securities class action lawsuit against Ripple. In his ruling, the judge dismissed all securities charges against […]
Coinbase sues SEC, FDIC for information relating to crypto regulation
Faryar Shirzad, Chief Policy Officer at Coinbase, talks about the impact of custody on “The Claman Countdown.” According to information obtained by FOX Business, Coinbase is launching a new legal offensive against the Securities and Exchange Commission and the Federal Deposit Insurance Corporation in an attempt to obtain documents regarding the agencies’ efforts to regulate […]