Bitcoin would need to hit $93K to flip Silver right now
Silver’s market cap has risen to over $500 billion larger than Bitcoin, despite the cryptocurrency flipping the precious metal just two months ago.
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Law Decoded: A different Congress hearing, Dec. 6–13
Direct exchanges between U.S. lawmakers and the crypto industry could be finally taking a constructive turn. 145 Total views 30 Total shares The biggest regulatory story of the week was a United States House Committee on Financial Services hearing squarely focused on crypto. Even the event’s title — “Digital Assets and the Future of Finance:…

SBI Crypto Shares of Bitcoin SV Post Halving Rise to 15.28%
A subsidiary of Japanese financial services giant SBI Holdings has seen its share of Bitcoin Satoshi’s Vision (BSV) mining pool share rise since the first halving on April 10. According to cryptocurrency information site CoinDance, cryptocurrency mining company SBI Crypto held about 4.4% of the total shares of BSV last week, but those numbers jumped to…

Celsius (CEL) price gains 600%+, but analysts cite exchange error and a massive short squeeze
CEL price abruptly rallied 600%+ on June 14, but analysts say it’s likely due to an exchange glitch or a liquidation of short traders. 589 Total views 3 Total shares On June 14, discussions of Celsius continued to populate media headlines and June 14's news involved the platform's CEL token accruing massive gains after what…

10 obstacles to cross-chain interoperability (and how they can be overcome)
Even crypto industry outsiders are gaining clarity on the benefits of blockchain technology, which is a significant step forward for the ecosystem. However, a challenge remains: The industry still struggles with interoperability between blockchain networks. Unless different chains can safely and efficiently communicate and exchange data, the full power of blockchain — including true decentralization,…

Vietnam’s prime minister calls for crypto regulation: Report
"It is necessary to study appropriate sanctions, and assign the government to make detailed regulations,” reportedly said Prime Minister Pham Minh Chinh. 307 Total views 23 Total shares Pham Minh Chinh, the prime minister of Vietnam, has reportedly said the country’s government should study crypto regulation in part based on residents continuing to trade digital…

Council of the EU adopts DAC8 crypto tax reporting rule
The eighth iteration of the Directive on Administrative Cooperation was formally adopted by the Council of the European Union. 309 Total views 3 Total shares The eighth iteration of the Directive on Administrative Cooperation (DAC8) — a cryptocurrency tax reporting rule — was formally adopted by the Council of the European Union on Oct. 17.

Deterring adoption? Balancing security and innovation in crypto
The cryptocurrency space moves rapidly, so much so that every year, there’s a new trend: from initial coin offerings (ICOs) to nonfungible tokens (NFTs) only a few years have passed. In the face of such astounding innovation, crypto companies and regulators face a growing challenge: balancing security practices with new products and features.Some companies’ approach…

Wyoming’s state stablecoin: Another brick in the wall?
For a state with a small-town feel, Wyoming moves with big-city alacrity when it comes to things crypto. According to the bipartisan bill introduced into its legislature last week, a Wyoming stablecoin could debut before the end of 2022. The announcement caught even Wyoming banker and cryptocurrency champion Caitlin Long by surprise. “Didn't know it was…