Market Analysis

Brian Armstrong Believes CFTC Action Will Drive DeFi Offshore

September 14, 2023 0

Coinbase CEO Brian Armstrong vehemently opposes the United States Commodity Futures Trading Commission (CFTC) taking legal action against decentralized finance (DeFi) protocols. Armstrong is concerned about the potential loss of industry strength for the nation. […]

European Lawmakers 90% In Favor Of Stringent Crypto Tax Framework
Market Analysis

European Crypto Tax Rules: EU Parliament Strongly Approves

September 14, 2023 0

European Parliament lawmakers strongly supported a continent-wide tax-reporting rule for crypto transactions, with approximately 90% of voters showing their approval. While the majority of attendees in the room were in favor, 535 individuals voted in […]

PayPal’s PYUSD is Fully Backed, Says Transparency Report
Market Analysis

Paxos Releases PYUSD Transparency Report

September 14, 2023 0

Paxos has released an unaudited transparency report for PayPal’s PYUSD showing that the total assets held in custody meet or exceed the token balance. Stablecoin, backed by fiat, has always received skepticism from the community […]

Market Analysis

SEC Charges Celebrity-Backed Stoner Cats NFTs

September 14, 2023 0

The creators of “Stoner Cats,” a short animated show featuring Mila Kunis and Ashton Kutcher, face backlash for their venture into non-fungible tokens (NFTs). The United States Securities and Exchange Commission (SEC) has charged Stoner […]

How Will Binance Delisting Impact It?
Market Analysis

How Will Binance Delisting Impact It?

September 13, 2023 0

The Sandbox (SAND) price dipped to a new all-time low of $0.29 on September 13 as bearish headwinds surrounding the metaverse heightened.  On-chain data trends reveal how the SAND price could move as Binance looks […]

Meta’s Threads Fails to Pull Crypto Away From Twitter
Market Analysis

Meta’s Threads Struggles to Lure In Crypto Companies

September 13, 2023 0

According to research conducted on September 11, Meta’s recently launched text-based social media app, Threads, has struggled to gain popularity among crypto brands. Less than 10% have been active on the platform two months post-launch. […]

Huobi Takes a Bold Marketing Gamble by Rebranding to HTX
Market Analysis

Exchange’s Bold Rebranding Decision Raises Eyebrows

September 13, 2023 0

Huobi has invited community backlash and mockery after rebranding to HTX, a name that resonates with the bankrupt crypto exchange FTX. The crypto exchange Huobi, often surrounded by controversy, has decided to rebrand to HTX. […]