Crypto advocates file brief against SEC's investor tracking database
The Consolidated Audit Trail would gather a monumental amount of data, and more than it is meant to when it exposes the identity of crypto wallet holders.
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Crypto Markets Tumble as SEC Rejects Winklevoss Twins’ Second Bitcoin ETF Application
Crypto markets have taken a sharp downturn, today, July 27, with all of the top ten coins by market cap hit by hefty losses and Bitcoin (BTC) dipping back below the $8,000 psychological price point, as data from Coin360 shows. The grim market picture is likely due to yesterday’s breaking news that the Winklevoss Twins’…

Cryptocurrency News From Japan: Feb. 9 – Feb. 15 in Review
This past week in Japan, native exchange Bitpoint released data showing a massive deficit from 2019, Japan’s Financial Services Agency mentioned upcoming tightened regulations, Japanese and European central banks researched distributed ledger technology, Japan’s Liberal Democratic Party chairman expressed fears of Libra and the Chinese digital yuan, and the GMO Coin exchange hit 300,000 users.Check…

99% of Token Price Is Pure Speculation, Says This Blockchain CEO
Speaking at a panel today at BlockShow Asia 2019, VeChain founder Sunny Lu suggested that token value is mostly arbitrary.The panel was titled "Creating Token Value — Are Monetary Gains Hindering Blockchain Innovation?" and it also included Eddy Travia, co-founder and CEO of Coinsilium; Matthew Roszak, chairman & co-founder at Bloq; Greg Wasserman, co-head of…

Robinhood shares tank 10% after crypto revenue falls by three quarters
Robinhood shares (HOOD) have fallen sharply on the back of the firm’s Q3 results which posted lower than expected crypto trading revenue.The popular retail trading firm published its Q3 report on Oct. 26, with crypto accounting for $51 million (19%) of the total $267 million worth of transaction-based revenue in the quarter. The release of…

BitMEX is not registered to operate in Ontario, says regulator
Where in Canada BitMEX is allowed to offer its services? BitMEX, one of the world’s largest Bitcoin (BTC) trading platforms, is now officially restricted to operate within at least two Canadian provinces.Following a request from the Ontario Securities Commission (OSC), BitMEX will be soon limiting the access to its platform by Canadian investors from Ontario…

BIS head claims fiat won battle with crypto, Bitcoin community disagrees
The Bank for International Settlements (BIS) has long taken a cautious approach to Bitcoin (BTC) and cryptocurrencies. No need for caution anymore, however, as the “battle has been won” between fiat and crypto, according to BIS.BIS general manager Agustín Carstens, who made the claim, highlighted that “technology doesn’t make for trusted money,” among further criticisms…

Breakout or $40K bull trap? 5 things to know in Bitcoin this week
Bitcoin (BTC) starts the first week of December looking better than it has since early 2022 — at over $40,000.BTC price action is delighting bulls already as the month begins, with the weekly close providing the first trip above the $40,000 mark since April last year.Shorts are getting wiped and liquidity taken as the bull

Ethereum most 'undervalued' in 17-months — Can ETH return to $4K?
Ethereum’s MVRV Z-Score, a key metric for assessing whether its native token, Ether (ETH), is overvalued or undervalued, has dropped to its lowest level in 17 months, signaling that the second-largest cryptocurrency could be bottoming. Ethereum’s MVRV Z-Score nears accumulation zone The MVRV Z-Score, which compares Ethereum’s market value to its realized value, is now