The post India’s SEBI recommends local regulators monitor crypto trading appeared on BitcoinEthereumNews.com. Documents reveal SEBI’s recommendation for distributed regulatory oversight of cryptocurrencies in India. The Securities and Exchange Board of India (SEBI) has suggested that multiple regulators should oversee cryptocurrency trading in the country, according to recently disclosed documents seen by Reuters.  The documents suggest that […]

The recent surge in the cryptocurrency market, propelled by notable rallies in major coins like Bitcoin and Ethereum, has instilled optimism among investors. With significant events such as the approval of the U.S. Spot Bitcoin ETF and the Bitcoin Halving shaping the landscape, investors are now contemplating the potential duration of the ongoing bull cycle.  […]

The post Bybit operates without approval in France appeared on BitcoinEthereumNews.com. Bybit, a prominent cryptocurrency exchange, has recently faced regulatory scrutiny in France. Despite the cryptocurrency exchange, it has been in the market for five years. The exchange is estimated to have a user base of 20 million around the world. The fact that the […]

The post Hong Kong pilots first-ever digital yuan payment system for cross-border transactions appeared on BitcoinEthereumNews.com. The People’s Bank of China (PBoC) and the Hong Kong Monetary Authority (HKMA) have taken significant steps to expand the Digital Yuan (e-CNY)’s reach beyond mainland China. On May 17, the HKMA announced a pilot scheme enabling the use […]

The post Ether Bears Hit a Brick Wall as Price Collides With Bull-Market Trendline: Technical Analysis appeared on BitcoinEthereumNews.com. The bears’ inability to penetrate that bull-market trendline since Monday suggests they might have to back up a bit and allow a price bounce before making another attempt at extending recent declines. The native token of […]

The post Mintlayer and Salus Collaborate to Launch L3 ZK-Based Thunder Network appeared on BitcoinEthereumNews.com. Mintlayer, a prominent Layer-2 scaling solution, has partnered with Salus, a security firm specializing in zero-knowledge (ZK) proofs, to introduce the Thunder Network—a cutting-edge Layer-3 ZK rollup-based network designed to enhance Bitcoin’s scalability and functionality. Advancing Bitcoin’s capabilities with Thunder […]

The post What happens if Biden vetoes Senate bid to cancel SEC’s crypto rule? appeared on BitcoinEthereumNews.com. Yesterday, the US Senate voted in favor of H.J.Res. 109, a bill aiming to repeal Staff Accounting Bulletin No. 121 (SAB 121) issued by the US Securities and Exchange Commission (SEC). This development is seen as potentially beneficial […]

The post Shiba Inu Skyrockets 1,590% in Key Metric as Whales Dive in to Save SHIB Price appeared on BitcoinEthereumNews.com. Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes […]

The post Reddit Co-Founder Highlights Democrats Going Against Party to Support Crypto appeared on BitcoinEthereumNews.com. A dozen Democrats defied party position to support a pro-crypto motion. The Senators joined the House of Representatives in repealing a controversial SEC directive. Reddit co-founder amplified the action and pledged support for crypto development in the U.S. A dozen […]

The post Internet Computer Protocol (ICP) Unveils New Roadmap for Decentralized AI and Chain Interoperability appeared on BitcoinEthereumNews.com. Decentralized blockchain network Internet Computer Protocol (ICP) has released a new roadmap for driving decentralized artificial intelligence (DeAI) and chain fusion in the web3 space. According to an official statement sent to CryptoPotato, ICP is unveiling the […]