America’s largest bank says the state of the cryptocurrency market may not be sustainable. This year has seen crypto net inflows of $12 billion thus far — a figure that could jump to $26 billion by year’s end assuming flows continue apace — a trend driven by demand for spot bitcoin exchange-traded funds (ETFs), JPMorgan
In the years since the industry’s founding, cryptocurrency startups have pulled in around $100 billion. That’s according to a report Saturday (June 15) by Bloomberg News, citing data from two sources: DeFiLlama which pegs the crypto sector’s total fundraising at $101 billion since 2014, and The Block Research, which has logged $95 billion in investment
Unregulated gambling on cryptocurrency is creating increased demand in NHS gambling clinics, according to Amanda Pritchard, the head of the health service. She emphasized the urgent need for regulatory action to prevent young people from becoming addicted to new forms of betting, arguing that the NHS cannot continue to bear the burden of societal issues.
Judge approves $4.5 billion settlement between Do Kwon, Terraform Labs, and the U.S. Securities and Exchange Commission. Binance previously settled with the U.S. in November for $4.3 billion. Recent spate of criminal convictions and fines mark resolution for multiple bad actors who helped upend crypto sector in 2022. South Korean authorities are seeking the arrest
There has been constant uncertainty regarding the possibility of the United States economy plunging into a recession, possibly in the latter part of 2024. This uncertainty puts investors in a position where they must select means to safeguard their wealth in economic turmoil. To create a portfolio that guards against a recession, Finbold consulted OpenAI’s
bizoo_n / iStock.com Since the advent of cryptocurrency, we’ve heard plenty of stories about crypto millionaires — rags-to-riches stories are intriguing and inspiring at the same time. Check out these methods by which people have struck it rich with cryptocurrency and continue to earn in the crypto ecosystem. Check Out: In 5 Years, These 2
The cryptocurrency realm is constantly birthing new tokens, giving users a chance to explore novel investing opportunities. However, certain crypto coins are dubbed special and are unique in a way, that helps investors avail high profits. Here are our top three cryptocurrency recommendations that are under $10 that investors must keep an eye on this
Last June, Binance seemed dead in the water. The SEC had just filed an explosive lawsuit against the leading crypto exchange, alleging the same kind of misconduct that brought down FTX and describing founder and CEO Changpeng “CZ” Zhao’s empire as a “web of deception.” The CFTC had brought its own civil complaint just a
The TDR Three Key Takeaways regarding Fortune 500 Companies and Cryptocurrency: Fortune 500 companies experience a 39% increase in blockchain initiatives. PayPal and Stripe leverage stablecoins and cryptocurrency for efficient cross-border payments. Clear crypto regulations are essential for US economic leadership, according to the report. The increasing integration of blockchain and cryptocurrency projects by America’s
If the Securities and Exchange Commission’s approval of spot Bitcoin exchange-traded funds represented a watershed moment for cryptocurrency, the arrival of spot Ether ETFs on Wall Street could be nothing short of revolutionary. In a move that caught even the most bullish crypto cheerleaders off guard, U.S. regulators have cleared the way for ETFs for