The post stablecoin included in the new crypto bill appeared on BitcoinEthereumNews.com. The regulatory authorities of Australia are working to integrate the norms on stablecoin into their draft law concerning the crypto sector. A representative of the Australian Securities and Investments Commission stated that they had meetings with regulatory bodies, such as the SEC, to […]
OKX Announces Plans to Delist XRP and LTC Expiry Futures
The post OKX Announces Plans to Delist XRP and LTC Expiry Futures appeared on BitcoinEthereumNews.com. In a move aligned with current market trends, OKX has announced its decision to phase out XRP and LTC USDT-margined and crypto-margined expiry futures. According to OKX, this strategic change aims to better meet users’ needs by simplifying their futures […]
Fintech has hit a bottom after valuation plunge, execs and VCs say
The post Fintech has hit a bottom after valuation plunge, execs and VCs say appeared on BitcoinEthereumNews.com. Long gone are the days when venture capital was flowing into fintech startups with bold ideas — and little to show in terms of business metrics and fundamentals. Bloomberg | Getty Images AMSTERDAM — The financial technology industry […]
Dogecoin Leads Meme Coin Plunge Following Citron Research’s GameStop Exit
The post Dogecoin Leads Meme Coin Plunge Following Citron Research’s GameStop Exit appeared on BitcoinEthereumNews.com. GameStop stocks might dip following a volatile period, as Citron Research, under Andrew Left, announces an exit from its short position on the company. Despite acknowledging the platform’s newfound stability post its $4 billion capital boost, Citron Research remains skeptical […]
MicroStrategy Moves to Buy More Bitcoin with $500M Bond Offering
The post MicroStrategy Moves to Buy More Bitcoin with $500M Bond Offering appeared on BitcoinEthereumNews.com. Institutional Bitcoin investor MicroStrategy has revealed plans to raise $500 million through a private offering of convertible notes. In a press statement today, the company announced that it intends to leverage the resulting proceeds to expand its Bitcoin holdings. MicroStrategy […]
Curve DAO Token (CRV) Price Plunges 30% Amid Founder’s Liquidation
The post Curve DAO Token (CRV) Price Plunges 30% Amid Founder’s Liquidation appeared on BitcoinEthereumNews.com. TLDR The price of Curve DAO token (CRV) fell by nearly 30% in the past 24 hours, trading at around $0.26. Curve Finance founder Michael Egorov faced liquidation on his on-chain loan positions, as he used CRV tokens as collateral. […]
Meta Plans to Lay Off 50 VPs in Cost-Cutting Move to Boost Efficiency
The post Meta Plans to Lay Off 50 VPs in Cost-Cutting Move to Boost Efficiency appeared on BitcoinEthereumNews.com. The current round of layoffs will see the termination of about 50 executives. This shift is a component of a larger strategy to respond to changing market circumstances. According to recent reports, Meta is planning to reduce […]
DADDY Flips MOTHER Despite Controversy
The post DADDY Flips MOTHER Despite Controversy appeared on BitcoinEthereumNews.com. The celebrity memecoin mania has added a new player with the recently launched Daddy Tate (DADDY). The token, promoted by the controversial figure Andrew Tate, has gained traction, surpassing Iggy Azalea’s MOTHER. However, Tate is now accused of some concerning activity for crypto investors. Related […]
Coinbase derides SEC’s $2.6 billion budget request; American Securities Association calls for lower amount
The post Coinbase derides SEC’s $2.6 billion budget request; American Securities Association calls for lower amount appeared on BitcoinEthereumNews.com. Coinbase objected to the SEC’s $2.6 billion budget request for the 2025 fiscal year. In a statement to CryptoSlate on June 13, a Coinbase representative said: “Yet again the SEC asks for more money that will […]
European Commission selects Iota Web3 ID for blockchain sandbox
The post European Commission selects Iota Web3 ID for blockchain sandbox appeared on BitcoinEthereumNews.com. The European Commission’s selection of Iota’s Web3 ID solution highlights the solution’s potential to revolutionize KYC processes using distributed ledger technology and tokenization on a mass scale. The European Commission announced its selection of Iota’s Web3 Identification solution for its current […]