SEC chair Gensler reaffirms Bitcoin’s commodity status, criticizes industry’s disregard of rules

The post SEC chair Gensler reaffirms Bitcoin’s commodity status, criticizes industry’s disregard of rules appeared on BitcoinEthereumNews.com. US Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated that Bitcoin is not classified as a security, providing a critical clarification amid ongoing regulatory scrutiny of the cryptocurrency industry. Speaking in an interview on CNBC’s Squawk Box […]

HKMA and SFC Finalize Proposals to Enhance Hong Kong’s OTC Derivatives Reporting Regime

The post HKMA and SFC Finalize Proposals to Enhance Hong Kong’s OTC Derivatives Reporting Regime appeared on BitcoinEthereumNews.com. Tony Kim Sep 26, 2024 16:04 The HKMA and SFC have concluded their consultation on enhancements to Hong Kong’s OTC derivatives reporting regime, aiming for implementation in September 2025. The Hong Kong Monetary Authority (HKMA) and the […]

South Korea Reminds Crypto Scammers of Possible Life Sentence If Illicit Gains Exceed $4 Million

The post South Korea Reminds Crypto Scammers of Possible Life Sentence If Illicit Gains Exceed $4 Million appeared on BitcoinEthereumNews.com. South Korea’s financial regulator has warned it intends to enforce life sentences as punishment for crypto scams where the perpetrator makes over $4 million (5 billion Won). The news comes after the Virtual Asset Users […]

Millennial Floki (FLOKI) Trader Invest $20k into GoodEgg (GEGG)’s AI Social Scoring Presale Train Before the Pump

The post Millennial Floki (FLOKI) Trader Invest $20k into GoodEgg (GEGG)’s AI Social Scoring Presale Train Before the Pump appeared on BitcoinEthereumNews.com. As the cryptocurrency market continues to evolve, millennial traders are making bold moves to secure the next big opportunity. One such trader, who previously saw success with FLOKI (FLOKI), has invested $20,000 into […]

Mayor Eric Adams allegedly stole $10 million from NYC taxpayers

The post Mayor Eric Adams allegedly stole $10 million from NYC taxpayers appeared on BitcoinEthereumNews.com. Pro-crypto mayor Eric Adams is facing serious allegations of defrauding New York City taxpayers out of $10 million during his 2021 mayoral campaign.  Prosecutors claim Adams obtained public matching funds by lying about illegal contributions, many of which were linked […]

Will XRP Price Retrace to $0.55? Here’s What the Data Says

The post Will XRP Price Retrace to $0.55? Here’s What the Data Says appeared on BitcoinEthereumNews.com. Ripple’s (XRP) price is showing signs of a potential retracement. Despite recent bullish momentum, weakening market signals suggest that the altcoin may struggle to maintain its upward trajectory in the short term.  This analysis examines the cooling sentiment around […]

Crypto-Friendly NYC Mayor Eric Adams Indicted in Corruption Probe

The post Crypto-Friendly NYC Mayor Eric Adams Indicted in Corruption Probe appeared on BitcoinEthereumNews.com. Federal prosecutors have indicted New York City Mayor Eric Adams following corruption investigations that have triggered the retirements and resignations of several members of his administration. Adams, a former police captain, made the headlines in 2021 when he pledged to take […]

HMSTR Token Goes Live on Major Exchanges Amid Blockchain Dominance Push by Kamala Harris

The post HMSTR Token Goes Live on Major Exchanges Amid Blockchain Dominance Push by Kamala Harris appeared on BitcoinEthereumNews.com. The launch of Hamster Kombat’s HMSTR token makes waves in the crypto market. Ethena collaborates with Securitize to introduce a new stablecoin, UStb, bolstered by BlackRock’s BUIDL fund. Kamala Harris advocates for U.S. leadership in blockchain […]

Bitcoin eyes new high as China joins Fed with pandemic-level stimulus

The post Bitcoin eyes new high as China joins Fed with pandemic-level stimulus appeared on BitcoinEthereumNews.com. Key Takeaways China’s $140 billion stimulus could drive Bitcoin to surpass $70,000. Bitcoin’s technical breakout suggests a potential rally to new all-time highs. Bitcoin appears positioned for a potential rally following China’s recent announcement of a pandemic-level stimulus package. […]

Dogecoin (DOGE) Investors Eye Biggest Price Breakout, But There’s a Catch – Dogen Is Stealing the Spotlight With Massive Growth Potential

The post Dogecoin (DOGE) Investors Eye Biggest Price Breakout, But There’s a Catch – Dogen Is Stealing the Spotlight With Massive Growth Potential appeared on BitcoinEthereumNews.com. Dogecoin enthusiasts are on the edge of their seats, hoping for a major price spike. Yet, an unexpected challenger, Dogen, might be stealing the limelight with its impressive potential […]