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Ethereum vs. Solana: Who Will Emerge as the Top Altcoin This Cycle?
Bitcoin News - 23 November 2024, 6:30 amThe dominance of Ethereum in defi makes it the top choice for stability and institutional-grade projects but Solana’s speed and affordability could see it outpace Ethereum in relative gains. Ethereum vs Solana: Who Emerges on Top Ethereum (ETH) and Solana (SOL) are two powerhouses in the blockchain industry, each representing different approaches to scalability, decentralization,…Read More
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Binance Raises Compliance Staff by 34% to Meet Demands of Crypto Industry
Bitcoin News - 23 November 2024, 4:30 amBinance expands its compliance team to meet the growing needs of the crypto industry and its user base. Compliance Remains Vital for Binance By the end of the year, Binance, one of the world’s largest cryptocurrency exchanges, plans to have 645 full-time compliance staff members—a 34% increase from November 2023—as it continues to expand its…Read More
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Indian Official Expresses Doubts About Crypto: ‘I Am Very Skeptical’
Bitcoin News - 23 November 2024, 3:30 amIndia’s financial services secretary expressed deep skepticism about cryptocurrency, calling it a doubtful scheme, despite the nation’s top crypto adoption ranking. Indian Official Speaks Out: ‘Very Skeptical of Cryptocurrency’ M. Nagaraju, Secretary of India’s Department of Financial Services (DFS), expressed strong doubts about cryptocurrencies during the SBI Banking & Economics Conclave on November 18, 2024.…Read More
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SEC Unveils Plan to Compensate Investors in Mila Kunis’ Stoner Cats
Bitcoin News - 23 November 2024, 2:30 amThe SEC seeks to compensate investors in Mila Kunis-backed Stoner Cats NFTs, which were deemed an unregistered securities offering that violated federal law. Stoner Cats Investors to Be Compensated Under SEC’s Proposed Fund Plan The U.S. Securities and Exchange Commission (SEC) has announced a proposed plan to distribute funds collected from Stoner Cats 2 LLC…Read More
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BTC and XRP Redefine Boundaries in US Crypto Regulation
Bitcoin News - 23 November 2024, 1:30 amBTC and XRP challenge securities classifications as a legal expert argues underlying assets are distinct from investment contracts, intensifying calls for regulatory clarity in crypto markets. BTC and XRP Lead Legal Shift in Crypto Investment Contract Standards A well-known advocate in the cryptocurrency community, John E. Deaton, has strongly criticized the conflation of crypto assets…Read More
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US Regulator Publishes Crypto Guide With Stark FOMO Reminder
Bitcoin News - 23 November 2024, 12:30 amThe Financial Industry Regulatory Authority (FINRA)’s new crypto guidelines spotlight risks and FOMO-driven decisions, with advice on crypto investing. New Crypto Guidelines Highlight Key Challenges for Crypto Investors The Financial Industry Regulatory Authority (FINRA) has introduced a comprehensive guide for investors exploring the world of crypto assets. FINRA is a non-governmental organization that oversees brokerage…Read More
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HTX DAO Completes Q3 2024 $HTX Burn Under Liquidity Strategy Transition
Bitcoin News - 23 November 2024, 12:00 amPRESS RELEASE. On October 15, HTX DAO announced the successful completion of its $HTX token burn for Q3 2024. In the quarter alone, over $21.25 million worth of $HTX tokens were burnt. This marks a significant shift in the platform’s liquidity strategy, as HTX DAO has opted to discontinue its previous ecosystem liquidity pledge mechanism…Read More
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What’s Next for Crypto: SEC Examination Priorities in 2025
Bitcoin News - 22 November 2024, 11:30 pmIn the SEC’s latest report detailing the Examination Priorities for 2025, the Commission has reinforced its gameplan to keep a close eye on the crypto industry. As the market for digital assets continues to grow in both size and complexity—particularly with the introduction of Bitcoin ETFs and similar ETH products—the SEC’s Division of Examinations is…Read More
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Australia Seeks Public Input on Crypto Tax Reporting
Bitcoin News - 22 November 2024, 10:34 pmThe Australian Treasury has invited public feedback on implementing the Organization for Economic Cooperation and Development (OECD)’s crypto asset reporting model. Tackling Crypto-Linked Tax Evasion The Australian Treasury has invited the public to comment on options for the country’s implementation of the Crypto Asset Reporting Framework (CARF). In a consultation paper released Nov. 21, the…Read More
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From Code to $100K: Why Bitcoin’s Milestone Matters to Economics
Bitcoin News - 22 November 2024, 9:34 pmIn the crypto universe, bitcoin’s quest to hit $100,000 feels like reaching the climactic level in a video game—an epic showdown that embodies years of persistence, strategy, and transformation. The $100K Milestone: A Historic Moment in Free Market Economics When bitcoin (BTC) crosses the $100,000 mark in U.S. dollars, it won’t just be a psychological…Read More