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While some altcoins are yet to finish correction, Kusama KSM recently tested its lowest price level in 11 months and bounced off sharply. It appeared to have found a bottom following a daily bullish formation. In early August, KSM went through its lowest price level after seeing over 80% correction […]
The event highlights the region's growing role in blockchain innovation.
Polymarket’s popularity raises fears of corruption and undue election influence. Lawmakers urge CFTC to ban election betting, citing democracy trust concerns. Senators stress elections shouldn’t be influenced by wealthy individuals’ bets. Polymarket, a predictions market operating on the Polygon blockchain, has come under scrutiny as US lawmakers intensify efforts to ban gambling on American elections. […]
The post Polymarket in focus as CFTC is pushed to ban gambling on US elections appeared first on CoinJournal.
Shytoshi Kusama, the enigmatic leader of the Shiba Inu ecosystem, elicits reactions among SHIB enthusiasts with his cryptic post on…
The post Shiba Inu Leads Mask Off Tweet Sparks Community Reactions first appeared on The Crypto Basic.
Bitcoin Dogs’ token 0DOG surges after launching a high-APY liquidity pool. Rising Bitcoin interest in the US boosts 0DOG’s value amid broader market trends. Despite a US demand spike, global Bitcoin demand and profits remain weak. The cryptocurrency market is abuzz with recent developments as Bitcoin Dogs’ native token, 0DOG, experiences a dramatic surge amidst […]
The post Bitcoin Dogs (0DOG) surges as Bitcoin (BTC) demand increases in the US appeared first on CoinJournal.
Donald Trump aims to make the US the “crypto capital of the planet” if elected. His sons’ World Liberty Financial may involve real-world assets and tokenization. Trump has promised a Bitcoin reserve and to replace SEC chair Gary Gensler. In a bold move that could reshape the landscape of digital assets in the United States, […]
The post Donald Trump unveils plan to make USA the crypto capital of the planet appeared first on CoinJournal.
Crypto.com integrates PayPal for US users to simplify crypto purchases. The partnership allows seamless transfers and topping up Crypto.com Visa Cards. The PayPal feature on Crypto.com is currently only available in the US but is expected to expand to more markets in future. Crypto.com has announced a strategic partnership with PayPal, further expanding its offerings […]
The post Crypto.com adds PayPal payment method for US customers appeared first on CoinJournal.
Shiba Inu lead Shytoshi Kusama says he wants to keep the focus on Shiba Inu and the community and not…
The post Shiba Inu Lead Says There is No Need for His Face to Become a Public Figure first appeared on The Crypto Basic.
The US has reportedly moved 10,000 BTC seized from Silk Road to Coinbase. The government still holds 203,200 BTC, valued at around $12B. Future sales by the US could impact the cryptocurrency market. The United States government has transferred 10,000 Bitcoin (BTC) worth approximately $590 million to Coinbase wallet, according to data from Arkham Intelligence. […]
The post US government transfers $590M worth of Silk Road seized Bitcoin to Coinbase appeared first on CoinJournal.
Marathon Digital Holdings has taken a patriotic step by labeling all Bitcoin mined in the U.S. with a "Made in USA" stamp.
The crypto market saw several key actions in the Ripple vs. SEC lawsuit this week. Ripples chief legal officer, Stuart Alderoty, recently asked Kamala Harris to end the SECs war against cryptocurrency. Meanwhile, the XRP token exhibits a price increase of 0.80% after showing notable surges on August 8. Notably,
A recent study revealed that China leads the world in AI usage and investment, while the U.S. remains the leader in fully implementing the technology.
Shiba Inu’s mysterious project lead Shytoshi Kusama has sparked intrigue with a massive teaser. In the latest revelation, Kusama spoke about an upcoming meet-and-greet with the Shib Army in Kyoto, Japan. This surprising announcement has sent the community into a tizzy as fans speculate if Kusama intends to unveil his long-guarded identity For years, Kusama […]
Shiba Inu lead developer Shytoshi Kusama met with a Japanese politician and former Council Member of the city of Kesennuma…
The post Shiba Inu Lead Meets with Japanese Politician at IVS 2024 first appeared on The Crypto Basic.
This event not only provided an opportunity for children with special needs to engage with new technology but also highlighted the importance of inclusivity in the rapidly evolving digital art space.
Wisconsin DFI launches tracker to combat crypto and investment fraud. Nearly $3.55M was lost to fraud in Wisconsin from Jan 2022 to June 2024. Tracker updates regularly and it is searchable by the name DFI Investment Scam Tracker. The Wisconsin Department of Financial Institutions (DFI) has introduced a new investment scam tracker aimed at protecting […]
The post Wisconsin launches an investment scam tracker to combat crypto fraud appeared first on CoinJournal.
SEC retracts request to classify ADA, MATIC, and SOL as securities in Binance suit. Affected tokens include ADA, MATIC, SOL, BNB, BUSD, and others. The shift in SEC’s stance follows increased pro-crypto political support in the US. In a notable shift in regulatory stance, the US Securities and Exchange Commission (SEC) has withdrawn its request […]
The post SEC withdraws claims that ADA, MATIC, and SOL are securities in its Binance lawsuit appeared first on CoinJournal.
RobinhoodMarkets Inc., the popular commission-free trading platform, is making moves inexpanding its cryptocurrency offerings and geographical reach. The company has launchedits services in Hawaii, Puerto Rico, and the US Virgin Islands, whilesimultaneously exploring the possibility of introducing cryptocurrency futurestrading in both the United States and Europe.
Robinhood Expands CryptoOfferings, Eyes Futures Trading in US and Europe
Theexpansion into Hawaii comes on the heels of a regulatory change by the state'sDepartment of Commerce and Consumer Affairs, which no longer requirescryptocurrency services to obtain a money transmitter license to operate in thestate. This move has opened the door for Robinhood to tap into a marketpreviously known for its strict financial regulations.
Thanks tothis latest update, Robinhood Crypto services are available in every US state except New York. However, the process of obtaining licenses in variousadministrative regions of the United States has been lengthy, stretchingover the last six years.
Crypto trading on Robinhood is now available in Hawaii, Puerto Rico, and the US Virgin Islands pic.twitter.com/rpO4WDoLK3
Robinhood (@RobinhoodApp) July 2, 2024Crypto Futures in the US andEurope Soon
In aparallel development, sources familiar with the matter revealed to Bloombergthat Robinhood is considering offering cryptocurrency futures in the US. andEurope in the coming months. The company reportedly plans to leverage licensesfrom itsrecent $200 million acquisition of Bitstamp Ltd., a deal expected to closein the first half of 2025.
The company increasingly focuses on cryptocurrency services in Europe, having launched astaking service just under two months ago. Currently, it is based solely onthe Solana token, but it is expected to be expanded to include additional assetsin the future.
Robinhood considering offering crypto futures in US, Europe, Bloomberg reports https://t.co/qgbfe7PzyC pic.twitter.com/QEaiAboIim
Reuters Tech News (@ReutersTech) July 2, 2024If theplans materialize, Robinhood could offer perpetual futures for Bitcoin andother digital tokens in Europe, utilizing Bitstamp's existing licenses. In the US,the company is eyeing the launch of CME-based futures for Bitcoin and Ethereum.
However, a Robinhoodrepresentative cautioned that these plans are not set in stone, stating,"We have no imminent plans to launch these offerings.
Thepotential move into crypto derivatives comes at a time when the global marketfor such products is booming. Recent data from crypto researcher CCDataindicates that in May, derivatives trading volumes reached $3.69 trillion, surpassingthe $1.58 trillion in spot trading on centralized exchanges.
Despitereceiving a Wells notice from the US Securities and Exchange Commissionearlier this year, Robinhood appears undeterred in its crypto ambitions. Thecompany has been actively broadening its cryptocurrency strategy, as evidencedby its Bitstamp acquisition and the recent obtainment of a futures brokerlicense from Marex.
This article was written by Damian Chmiel at www.financemagnates.com.Shytoshi Kusama, the elusive mastermind behind the Shiba Inu ecosystem, has arrived in Japan. In his latest post on X, Kusama shared his excitement about visiting Japan, calling it a dream come true. He said, It is truly a humbling experience only possible with divine providence, of which I am grateful.” But this visit is […]
A crypto wallet labeled as belonging to the U.S. government transferred roughly $2 billion worth of confiscated Bitcoin (BTC) connected to the infamous Silk Road marketplace to a new unlabeled address sending the price of Bitcoin lower and igniting investor concerns about selling the assets just two days after presidential hopeful Donald Trump’s promise […]
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