Federal agencies are missing the mark on celebrity crypto endorsements

This week’s headlines from Japan included GMO Coin reporting record transaction volume from February, BitFlyer surpassing 2.5 million users, Tokai Tokyo Securities joining the Japan STO Association, and SBI FX seeking margin trading licensing.Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan.GMO coins exchange posts record high numbersGMO Coin…

Telegram is seeking to appeal a United States federal court’s recent ruling in favor of the Securities and Exchange Commission to halt distribution of GRAM tokens.Rejection of the injunction and the status of the investment contractsIn response to the court’s preliminary injunction earlier the same day freezing GRAM issuance until at least the trial, Telegram…

The creator of Dogecoin criticized Mozilla for supposedly making its decision based on feedback from the “ignorant, reactionary internet mob.” 1691 Total views 54 Total shares The Mozilla Foundation's back-tracking on crypto has earned a reaction from the creator of the world's first meme cryptocurrency.On Dec. 31, 2021, Mozilla, the developers of the Firefox internet…

ETH/BTC stays near its highest since 2018, but that's nothing compared to its next move, one trader believes. 1634 Total views 44 Total shares Ethereum’s Ether token (ETH) is due to launch a "parabolic" attack on BTC to beat all-time highs, one analyst believes.2-week predicts "crazy" ETH moveETH/BTC 1-month candle chart (Bitstamp). Source: TradingViewData from Cointelegraph…

Bitcoin (BTC) price faced fresh bearish sentiment Aug. 21 after a rejection of $11,000 sent markets tumbling hundreds of dollars in minutes.Market visualization. Source: Coin360$9K Levels on horizon for Bitcoin priceData from Coin360 shows BTC/USD topping out at just under $10,900 before reversing. Hours later, a sudden loss of support saw the pair dip to…

“We’re busy turning your cash into future money — to the moon, apes!" said the Late Show host. 754 Total views 34 Total shares Stephen Colbert, the charismatic host of CBS’ The Late Show, is once again associating many cryptocurrencies with scams — but doing so by parodying the vernacular of a seasoned HODLer.In a…

Circle noted that assets pegged to USD are not securities, partly because users are not expecting any profit from acquiring them. 176 Total views 4 Total shares In a court filing, Circle argued that assets that are pegged to the U.S. dollar, like the Binance USD (BUSD) or its own stablecoin USDC, are not securities

A growing number of business leaders and celebrities — e.g., Elon Musk, Jack Dorsey, Alex Ohanian and, most recently, Ricardo Salinas — have added the Bitcoin hashtag to their Twitter biographies. It hasn’t gone unnoticed. When Elon Musk added #Bitcoin to his bio in late January, Bitcoin soared by 20%.If indeed a succession of billionaires…