InvestaFeed.com | Page 146 | Digital Currency, Stock Market, and Investment News from your Reliable Sources Channel

Crypto Can’t Be Regulated by Current US Regulators

Alexandra Damsker, author of "Understanding DeFi," argues that the shifting nature of tokens means that agencies like the SEC and CFTC are incapable of regulating crypto effectively.

Cryptocurrency

30 May 2024

New York sets customer service standards for virtual currency entities

The BitLicense just got a little tougher with new mandatory standards for treating customers right.

Cryptocurrency

30 May 2024

3 reasons why Ethereum is stuck below $3,900

Factors include uncertainty in the spot Ethereum ETF launch, high ETF futures open interest, and stagnant Ethereum network usage.

Cryptocurrency

30 May 2024

Gambling is on the rise — So why is investing still restricted?

Americans aren't allowed to make certain investments unless they earn $200,000 annually or they're worth more than $1 million — but they are free to gamble.

Cryptocurrency

30 May 2024

Traders say Bitcoin price fights ‘last resistance’ at $69K before new all-time highs

Bitcoin’s price has remained stuck below $69,000 over the past 10 weeks, but analysts say it is a healthy price action.

Cryptocurrency

30 May 2024

Blockchain helps harvesting better avocados in Kenya — Here’s how

Small-scale farmers lack the essential tools to address significant challenges in avocado production. Here’s how blockchain and AI can help them.

Cryptocurrency

30 May 2024

Crypto losses from fraud and hacks declined 12% in May — Immunefi

The decline in crypto scams and frauds continued, with only $52 million lost in May compared to $59 million the previous year.

Cryptocurrency

30 May 2024

Citadel-backed Hidden Road halts ByBit access for clients

Hidden Road cited Know Your Customer verification policies and concerns surrounding Anti-Money Laundering regulations on the ByBit exchange.

Cryptocurrency

30 May 2024

Terraform, Do Kwon to reach fraud settlement with SEC

Terraform Labs and CEO Do Kwon are finalizing a settlement with the SEC. Both parties are expected to submit the final terms for court approval by mid-June.

Cryptocurrency

30 May 2024

U.S. Crude Oil Stocks Fall More Than Expected

Oil stocks fell by 4.2 million barrels — a greater decline than was expected.

News

30 May 2024

Terraform, Do Kwon Agree in Principle to Settle Fraud Case With SEC: Court Filing

Terraform Labs and co-founder Do Kwon have tentatively agreed to settle a fraud case with the U.S. Securities and Exchange Commission (SEC), according to a court filing Thursday.

Cryptocurrency

30 May 2024

Crypto for Advisors: The Evolution of Crypto and TradFi

A lot has changed since Bitcoin's release 15 years ago. Many other distributed database networks have been created, each with its own functionality and potential use cases.

Cryptocurrency

30 May 2024

A16z Boosts Crypto’s Election Fund by Another $25M to Seek Friendly Congress

A $25 million donation from Andreessen Horowitz (a16z) hit the campaign coffers of the industry's U.S. political action committee (PAC), according to a Thursday announcement from the firm, putting the amount raised by some of crypto's biggest names at ...

Cryptocurrency

30 May 2024

Crypto voters are already disrupting the 2024 election — and it’s set to continue

Crypto voters have become a new battleground for the 2024 presidential election, in a bipartisan shift that has taken Washington by surprise.

Cryptocurrency

30 May 2024

PEPE whale up nearly $5M on investment within a month

The memecoin whale made an over 52% return on its initial investment within a month, despite PEPE’s price falling over 17% from its all-time high.

Cryptocurrency

30 May 2024

NYDFS Issues New Crypto Firm Guidance for Consumer Complaints

New York’s top financial regulator has issued new guidance which requires cryptocurrency service providers to collect relevant data to assess whether they are resolving customer service requests and complaints in a timely and fair manner, it announced ...

Cryptocurrency

30 May 2024

Ether Spot ETFs to See Much Lower Demand Than Bitcoin Versions, JPMorgan Says

Ether spot ETFs could attract as much as $3 billion of net inflows this year, the report said.

Cryptocurrency

30 May 2024

US Crude Oil Prices Return More Gains As Market Looks To Inventories, OPEC

Uncertainty about the path of interest rates continues to dominate a market not short of likely positives elsewhere

Forex

30 May 2024

Bitcoin Staking Project Babylon Raises $70M Led by Paradigm

The funding round included contributions from Polychain Capital and the venture arm of crypto exchange and CoinDesk parent company Bullish.

Cryptocurrency

30 May 2024

Crypto Hacks, Rug Pulls Led to $473M Worth of Losses in 2024: Immunefi

More than $473 million worth of cryptocurrency has been lost to hacks and rug pulls in 2024, according to a report by security researcher Immunefi

Cryptocurrency

30 May 2024

US Dollar Index Edges Lower, US Q1 GDP Second Estimates Prints at 1.3%

The second look at US Q1 GDP showed the US economy expanding by 1.3%, inline with market expectations.

Forex

30 May 2024

Ether Put-Call Ratio Hits One-Year High, Hints at Bullish Bias Despite Pause in Rally

The uptick signals a bullish outlook, according to Wintermute.

Cryptocurrency

30 May 2024

First Mover Americas: Crypto in the Red Ahead of Friday’s U.S. Inflation Data

The latest price moves in bitcoin (BTC) and crypto markets in context for May 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Cryptocurrency

30 May 2024

The Rise in Consumers’ Late Debt Payments Is Slowing Down

Delinquent debt payments are still mostly higher than they were a year ago, but are trending in the right direction for now.

News

30 May 2024

UBS Kicks Off Succession Race, Promoting Two CEO Candidates

Sergio Ermotti, the incumbent chief executive, has said he expects to leave by around early 2027.

News

30 May 2024

Big Oil Companies Will Just Keep Getting Bigger

ConocoPhillips is the latest to bulk up as investors pay up for size.

News

30 May 2024

Bitcoin Traders Warn of Pullback as U.S. Inflation Data Looms; Dogecoin Leads Majors Slide

Crypto markets are expected to remain shaky ahead of Friday’s U.S. inflation data release, one trading desk said.

Cryptocurrency

30 May 2024

Dow and Nikkei 225 Hit by Selling, Nasdaq 100 Losses Contained for Now

While the Nasdaq 100’s losses have been relatively limited, both the Dow and the Nikkei 225 have suffered heavy losses.

Forex

30 May 2024

MEW and LOCUS Animation Studio Set to Create New 3D Animated Series

In a move to blend blockchain technology and storytelling, the Solana cat-themed memecoin MEW is partnering with LOCUS Animation Studio to create a new 3D animated series. This collaboration aims to entertain a global audience, showcasing MEW’s vibrant character in a whole new way.

Cryptocurrency

30 May 2024

Singapore’s Largest Bank DBS Is an Ether Whale With Nearly $650M in ETH: Nansen

The address has already made $200 million from its ether holdings.

Cryptocurrency

30 May 2024