Gensler says crypto investors are getting hurt
Gary Gensler, the Chair of the US Securities and Exchange Commission (SEC) says lack of disclosure and too much leverage are two factors hurting the...
White House says ‘prudent regulation of cryptocurrencies‘ is needed, hinting at situation with FTX
The White House said the administration of United States President Joseph Biden is monitoring the situation with the recent crypto market crash but deferred to...
FTX turmoil increases scrutiny of industry, something institutional investors have been waiting for
The recent liquidity crisis at FTX will increase regulatory scrutiny in the crypto industry, which is what institutional investors are seeking, a number of sources...
Bitcoin options data shows sub-$17K BTC price gives bears a $200M payday on Friday
Bitcoin (BTC) crashed below $16,000 on Nov. 9, driving the price to its lowest level in two years. The 2-day correction totaled a 27% downtrend...
FTX US resigns from the Crypto Council for Innovation
United States-based exchange FTX US has left its position at the crypto advocacy group Crypto Council for Innovation, or CCI.In a statement to Cointelegraph on...
Voyager’s assets have not been transferred to FTX
Voyager’s Committee of Unsecured Creditors (UCC) has said that Voyager has yet to transfer any assets to FTX. The committee tweeted that the deal to...
Republican lawmaker claims SEC chair was coordinating with FTX ‘to obtain regulatory monopoly’
Tom Emmer, the recently reelected Republican lawmaker representing Minnesota’s 6th district in the United States House of Representatives, has alleged Securities and Exchange Commission Chair...
The Clearing House stands up for bank rights, opposes CBDC in comments for US Treasury
United States payment systems operator The Clearing House has released its response to a Treasury Department request for comment on “digital-asset-related illicit finance and national...
US lawmaker warns of ‘major consequences’ for users of unregulated crypto firms, citing FTX
Maxine Waters, chair of the United States House of Representatives Financial Services Committee, pushed for additional federal oversight of crypto trading platforms and consumer protection...
Bitcoin (BTC/USD) new lower price target set by analysts
What next after Bitcoin (BTC/USD) broke below its long-term psychological level at $19,000? According to a crypto analyst who predicted the 2021 crash, Bitcoin is headed...