News

US Lawmaker Urges Congress to Focus on Attracting Crypto Opportunities to Bolster National Security

A U.S. lawmaker has called on Congress to focus its efforts on bringing more crypto activity and opportunities to the United States in order to “bolster U.S. national security.” Citing the Department of Justice’s action against crypto exchange Binance, the lawmaker stressed that Congress does not need to rewrite laws that work in the crypto […]

23 Nov 2023

BBVA Switzerland selects Ripple-owned Metaco to power digital asset operations

BBVA Switzerland, the Swiss subsidiary of the Spanish banking behemoth BBVA, has announced a strategic partnership with Ripple-owned Metaco to build its digital asset operations via the latter’s Harmonize platform, according to a social media announcement. BBVA’s Swiss unit is the latest in a string of prestigious banks that have entered deals with Metaco in […]
The post BBVA Switzerland selects Ripple-owned Metaco to power digital asset operations appeared first on CryptoSlate.

23 Nov 2023

Australian Dollar Price Action Setups: AUD/USD, GBP/AUD

RBA Minutes keep the Aussie Dollar supported. Technical outlook and potential setups for both AUDUSD and GBPAUD.

Forex

23 Nov 2023

Grayscale files updated Bitcoin ETF prospectus days after talks with U.S. SEC

Grayscale submitted an updated filing for its pending spot Bitcoin ETF to the U.S. Securities and Exchange Commission (SEC) on Nov. 22. The filing in question is an amended S-3 prospectus, a type of registration form used by firms that have previously met other reporting requirements. Bloomberg ETF analyst James Seyffart suggested in an X […]
The post Grayscale files updated Bitcoin ETF prospectus days after talks with U.S. SEC appeared first on CryptoSlate.

22 Nov 2023

Appeals court rejects Sam Bankman-Fried’s bid for release

The court cited Sam Bankman-Fried’s alleged witness tampering as the main grounds for rejecting his release bid.

22 Nov 2023

65% plunge in Web3 Games in ’23 but ‘real hits’ coming, $26M NFL Rivals NFT: Web3 Gamer

Can Shrapnel save Web3 gaming after a horror 2023? Why Disney’s NFT platform is “irrelevant” and the $26M NFT in free mobile game NFL RIvals.

22 Nov 2023

KPMG and Chainalysis Partner to Enhance Crypto Fraud Detection and Compliance

KPMG in Canada and Chainalysis have entered into a strategic partnership aimed at strengthening efforts against crypto asset fraud. This alliance, marking KPMG’s entry into the Chainalysis Solution Provider program, is focused on providing enhanced monitoring and risk management tools for cryptocurrency exchanges, financial institutions, and government agencies. The announcement on Wednesday details that the […]

22 Nov 2023

Sam Altman’s ouster shows Biden isn’t handling AI properly

What happened with Sam Altman behind the scenes? Neither OpenAI nor Microsoft have provided all the answers. The industry deserves more congressional scrutiny.

22 Nov 2023

U.S. Treasury calls $3.4B Binance resolution FinCEN’s largest settlement in history

The U.S. Department of the Treasury published its comments on settlements with Binance and related parties in a statement on Nov. 21. Secretary of the Treasury Janet Yellen said: “Binance turned a blind eye to its legal obligations in the pursuit of profit. Its willful failures allowed money to flow to terrorists, cybercriminals, and child […]
The post U.S. Treasury calls $3.4B Binance resolution FinCEN’s largest settlement in history appeared first on CryptoSlate.

22 Nov 2023

Why is Bitcoin price up today?

Bitcoin's price gains today appear amid renewed inflows into Bitcoin ETFs, VanEck's new Solana ETF application, and weaker inflation data expectations.

22 Nov 2023

: GM’s Cruise unit halts plans for Origin robotaxi, shrinks focus to one city, WSJ reports

General Motors Co.’s GM autonomous-vehicle segment Cruise is putting plans on hold for Origin, a GM-assembled driverless taxi, and shrinking its focus to a single city, the Wall Street Journal reported on Wednesday. The move comes after safety concerns...

News

22 Nov 2023

: OpenAI rivals Google, Amazon make bids to take advantage of corporate soap opera

Alphabet Inc.’s GOOGLGOOG Google and Salesforce.com Inc. CRM are stepping up efforts to win business customers during OpenAI’s calamitous corporate coup over the past several days. While OpenAI Chief Executive Sam Altman bounced between the company and...

News

22 Nov 2023

Falling Yields Give Stocks a Boost

The S&P 500 is on pace for its best month since July 2022.

News

22 Nov 2023

PERA Account

All of us will grow old some day. It is inevitable. And we all look forward to enjoying the latter years of our lives, spending our free time with our loved ones. But are we prepared? If we’re no longer working, who’s going to look after our financial ...

News

22 Nov 2023

Inside Binance’s Guilty Plea and the Biggest Fine in Crypto History

The plea deal was a massive twist in the life of the industry’s most influential figurehead, Changpeng Zhao, who launched the online exchange in 2017 and developed it into a money-spinning trading machine.

News

22 Nov 2023

: Dow ends over 180 points higher as stocks score pre-Thanksgiving gains

Stocks ended higher Wednesday in the final, full trading session of the week, extending a strong November rally that’s been accompanied by a pullback in Treasury yields and hopes for a so-called soft landing for the economy. U.S. markets are closed Thu...

News

22 Nov 2023

Binance Sees $1.7 Billion in Withdrawals Post DOJ Settlement, Nansen Reports Decline in Crypto Reserves

Following the settlement with the U.S. Department of Justice (DOJ), Binance, the world’s leading crypto exchange by trading volume, has experienced a significant withdrawal of approximately $1.7 billion in digital assets, as reported by Nansen, a blockchain analysis company. This substantial outflow of funds from Binance occurred shortly after the settlement. As of the latest […]

22 Nov 2023

No ‘mass exodus of funds’ following Binance-DOJ settlement — Nansen

Roughly 24 hours following the announcement of a settlement with U.S. officials, Nansen reported Binance’s total holdings increased to more than $65 billion.

22 Nov 2023

Hester Peirce says SEC shouldn’t block spot Bitcoin ETFs, speaks on Binance resolution

Commissioner Hester Peirce of the U.S. Securities and Exchange Commission (SEC) commented on pending spot Bitcoin ETFs to Bloomberg on Nov. 22. Peirce said that, although she cannot comment on currently active ETF proposals, she is open to approving such a product. She said: “I’ve been very transparent that I’ve thought for many years now […]
The post Hester Peirce says SEC shouldn’t block spot Bitcoin ETFs, speaks on Binance resolution appeared first on CryptoSlate.

22 Nov 2023

Bitcoin’s Anti-Censorship Ethos Surfaces After Mining Pool F2Pool Acknowledges ‘Filter’

After a blockchain sleuth reported that the Bitcoin mining pool may have censored a transaction from an address blacklisted by U.S. authorities, critics responded, and so did the project's co-founder.

22 Nov 2023

MAYC ripoff creator pleads guilty, G2A opens NFT platform: Nifty Newsletter

The creator of the Mutant Ape Planet NFT collection pleaded guilty to wire fraud in a New York federal court.

22 Nov 2023

Bitcoin derivatives traders target $40K BTC price now that Binance is resolved

BTC futures and options held firm despite a wave of negative news, and data shows traders targeting $40,000.

22 Nov 2023

: Oil futures end lower after OPEC+ reschedules its meeting

Oil futures settled lower on Wednesday, as OPEC+ decided to reschedule its meeting this weekend to Nov. 30 and U.S. government data revealed a hefty weekly increase in U.S. crude supplies. There appears to be “rumble in the jungle” among OPEC members o...

News

22 Nov 2023

Binance Settlements Could End Death-Spiral Fears – And Might Be Good News

The crypto exchange Binance's expensive deal with U.S. prosecutors this week bears harsh consequences, but could mean a positive outlook for the company in the long term.

22 Nov 2023

Bitcoin Shakes Off Binance News, Rises Above $37K as Spot ETF Approval Eyed

The world's largest crypto exchange agreed to settle U.S. criminal charges and its founder and CEO pled guilty and agreed to step down from the company.

22 Nov 2023

Binance CEO CZ’s downfall is ‘the end of an era’ — Charles Hoskinson

The Cardano founder claimed that crypto entrepreneurs must comply with regulations or use completely decentralized systems in the future.

22 Nov 2023

Imminent Bittrex Global closure triggers $10k Bitcoin premium on platform

Bittrex Global’s imminent closure has led to Bitcoin (BTC) trading at a substantial premium exceeding $10,000, data from its website shows. The exchange’s BTC/US Dollar pair surged to $46,300 before retracing to $44,613 as of press time, significantly surpassing the current average price of $36,450 on major platforms like Binance and Coinbase. Data from Tradingview […]
The post Imminent Bittrex Global closure triggers $10k Bitcoin premium on platform appeared first on CryptoSlate.

22 Nov 2023

Binance’s American VIPs: A Revealing Look at High-Net-Worth Influence Amid DOJ Settlement

On Tuesday, charges against crypto exchange titan Binance Holdings Limited were revealed by the U.S. Department of Justice (DOJ), which reached a significant $4.316 billion settlement with the world’s largest crypto exchange for noncompliance with anti-money laundering (AML) laws. Despite Binance’s 2019 claims to bar U.S. users, prosecutors asserted the firm persisted in providing market […]

22 Nov 2023

Ripple CLO optimistic following Binance settlement, lambasts SEC’s ‘juvenile behavior’

Ripple Chief Legal Officer Stuart Alderoty believes the recent resolution of anti-money laundering violations by Binance via a settlement with the U.S. Department of Justice (DOJ) is a significant step towards aligning the crypto industry with essential legal and safety standards. Alderoty noted in a series of tweets that major banks have previously undergone similar […]
The post Ripple CLO optimistic following Binance settlement, lambasts SEC’s ‘juvenile behavior’ appeared first on CryptoSlate.

22 Nov 2023

Gold Price Forecast: Rejection at $2000 Level Leaves the Door Open for a Move Lower

Gold’s failure at the $2000 hurdle leaves the precious metal vulnerable to a deeper retracement. Will the lack of liquidity expected the rest of the week help minimize the losses?

Forex

22 Nov 2023