Treasury plots stablecoin crackdown even as Tether’s dominance wanes
While Tether’s dominance has fallen to 56%, USDC and BUSD have surged to 23.9% and 10.4% respectively. The U.S. Treasury...
TheCryptoNewsWire
Democrat Senator lobbies agencies over the use of crypto in ransomware
Senator Hassan wants federal agencies to take more action while Senator Lummis is more concerned with stifling innovation. Some U.S....
Does Evergrande’s $300B debt crisis pose systemic risk to the crypto industry?
As onlookers predict that top Chinese property developer and commercial paper issuer Evergrande will default, some analysts believe the firm...
$1.2B in Ether withdrawn from centralized exchanges in record daily outflow
More than $1 billion worth of Ether has been withdrawn from centralized exchanges within a 24-hour period. It's the second...
El Salvador’s credit rating could take hit amid Bitcoin adoption warns S&P Global
S&P Global believes El Salvador’s recognition of Bitcoin as legal tender has brought “immediate negative implications” for its credit rating....
Estonian ‘auto liquidation’ DeFi platform Minterest raises $6.5m
Minterest aims to channel all fees, interest, and revenue back into the protocol for its users. Decentralized finance protocol Minterest...
Korean Finance Minister vows to fight moves to delay the crypto tax code
The ruling party is planning to attempt a postponement of the crypto tax laws but the Finance Minister is not...
Model Suggests BTC Price Floor Is $39K, Survey Shows Hope for Year-End $100K Bitcoin Price
Bitcoin prices have been better after the second week of September, hovering around $46.5K to $48.5K per unit during the...
ECB President Christine Lagarde Insists Cryptos Are Not Currencies, Calls Them Highly Speculative, Suspicious
The president of the European Central Bank (ECB), Christine Lagarde, says cryptos are not currencies, adding that they are “highly...
US Lawmakers Propose to Subject Cryptocurrencies to Wash Sale Rule
A committee of the U.S. House of Representatives has proposed to subject cryptocurrencies to the “wash sale” rule. Since cryptocurrencies...
Coinbase Files to Offer Cryptocurrency Futures and Derivatives Trading
Cryptocurrency exchange Coinbase has filed an application with the National Futures Association (NFA) to offer futures and derivatives trading on...
Avalanche (AVAX) just hit a new ATH, but what’s really behind the price surge?
AVAX price soared to a record high as heavy inflows enter the protocol through its cross-chain bridge and institutional investors...
Shanghai Man: China’s version of McJob meme, eCNY airdrops, Canaan’s record revenue
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industrys most important news,...
Ethereum options data suggests the battle for $4K ETH is at least a week away
Traders are long on Ethereum, but derivatives data suggests that $4,000 ETH is a long shot in the short term....
Satoshi Nakamoto statue goes up in Budapest
“Whoever he or she was, Bitcoin creates value, and especially the technology behind Bitcoin, blockchain, creates value,” said András Győrfi....
