The Blockchain Association, a vital player in the crypto advocacy arena, recently highlighted a staggering $400 million spent by its member firms in response to enforcement actions imposed by the US Securities and Exchange Commission (SEC) under the leadership of Chair Gary Gensler. This revelation point towards a significant strain being placed on the cryptocurrency
In a recent fervent appeal, Coinbase CEO Brian Armstrong has urged the forthcoming Chair of the U.S. Securities and Exchange Commission (SEC) to acknowledge and dismiss what he deems as “frivolous” legal actions against cryptocurrency firms. Armstrong took to social media platform X on October 29th, arguing that these lawsuits not only stem from a
In recent trading sessions, Bitcoin has demonstrated remarkable resilience, managing to sustain its value above the critical $72,000 mark. This persistence hints at positive trends and a potential leap towards new all-time highs. A closer examination of Bitcoin’s price action reveals several underlying factors contributing to its current momentum, as well as potential challenges that
In the world of cryptocurrency, token performance can significantly shift based on listing activities across major exchanges. A recent analysis by Animoca Research painted a stark picture of the market from January to September, where the median performance of tokens listed during this timeframe on five notable exchanges—Binance, Bitget, Bybit, KuCoin, and OKX—exhibited disappointing trends.
In a bold move to enhance its platform’s user experience, Binance, the world’s leading cryptocurrency exchange, has announced a strategic collaboration with Amazon Web Services (AWS). As detailed in a statement released on October 31, this partnership will leverage AWS’s advanced generative AI tools and cloud services to refine various operational facets within the Binance
Gemini, a prominent cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has recently announced its in-principle approval from the Monetary Authority of Singapore (MAS) for cross-border money transfer and digital payment token services. This significant development, highlighted in their statement on October 29, underscores Gemini’s strategy to cement itself within the burgeoning Asia-Pacific (APAC) cryptocurrency