SEC to police crypto with ‘notice and comment rulemaking’

SEC to police crypto with ‘notice and comment rulemaking’

The US Securities and Exchange Commission will hone its crypto policies with “notice and comment” and move away from shaping its rules through the courts, the agency’s chair Paul Atkins told Congress. In June 3 remarks to the Senate Appropriations Subcommittee on Financial Services, Atkins said the agency’s crypto policymaking “will be done through notice…

Neutral Funding And Whale Withdrawals Hint At Bullish Shift

Neutral Funding And Whale Withdrawals Hint At Bullish Shift

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. As…

Blockchain Group Buys 624 Bitcoin For $68.6M, Aiming To Join Top Institutional Holders

Blockchain Group Buys 624 Bitcoin For $68.6M, Aiming To Join Top Institutional Holders

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Blockchain Group has just taken another big step in building its Bitcoin stash. The Paris-listed firm picked up 624 BTC on Tuesday in a deal worth $68.6 million. Based on reports, that move pushes its total holdings to 1,437 BTC—now valued around…

Gold climbing to new record highs bodes well for the price of Bitcoin

Gold climbing to new record highs bodes well for the price of Bitcoin

Key takeaways: Gold price rose 3% between May 29 and June 2, reaching its highest level in over three weeks, while Bitcoin (BTC) is holding above $105,000. Weaker dollar forces investors elsewhere Although this short-term underperformance might seem negative at first glance, several macroeconomic indicators suggest Bitcoin could break out sooner than expected. Gold/USD (green,…

South Korea elects pro-crypto Lee Jae-myung as president

South Korea elects pro-crypto Lee Jae-myung as president

South Korea’s opposition leader Lee Jae-myung has been sworn in as president following a decisive victory in a snap election, after promising a raft of pro-crypto policies during his campaign. Lee claimed victory in the June 3 election held six months after the country’s previous leader, Yoon Suk-yeol, declared martial law and threw the nation…