Etoro USA has agreed to pay $1.5 million to the U.S. Securities and Exchange Commission (SEC) to settle charges of operating as an unregistered broker and clearing agency for crypto trading. Etoro will limit U.S. customers’ trading options to bitcoin, bitcoin cash, and ether, with a 180-day window to sell other crypto assets. If certain […] Source: https://news.bitcoin.com/etoro-restricts-us-crypto-trading-to-3-cryptocurrencies-following-sec-1-5m-fine/
Month: September 2024
Judge says CFTC exceeded its authority halting Kalshi election bets
According to Judge Jia Cobb, having Kalshi offer contracts on “whether a chamber of Congress will be controlled by a specific party in a given term” was not unlawful. Source: https://cointelegraph.com/news/judge-allows-kalshi-to-list-us-elections-bets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
What ‘far-fetched’ scenarios could still send Bitcoin price to $0?
Despite some dedicated critics saying otherwise, Bitcoin hitting $0 is extremely unlikely due to its strong global community, established infrastructure and historical resilience. Source: https://cointelegraph.com/news/bitcoin-price-0-dollars-black-swan?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto Industry Holds Its Breath as US Election Debate Fails to Clarify Economic Policy
After the first election debate, QCP Capital shared its perspective on how the U.S. election could influence the cryptocurrency market. According to the firm, investors remain cautious as their attention shifts to key macroeconomic indicators and the upcoming election decision. The CEO of Chirp, a decentralized telecommunications network, echoed this sentiment, noting that while the […] Source: https://news.bitcoin.com/crypto-industry-holds-its-breath-as-us-election-debate-fails-to-clarify-economic-policy/
Hawaii emerging as crypto hub following new crypto regulations
The Aloha state’s new regulations already attracted some notable Web3 firms, including Coinbase, Metamask, Transak, BitPay and Trust Wallet. Source: https://cointelegraph.com/news/hawaii-emerging-crypto-hub-new-crypto-regulations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Grayscale to launch US XRP trust, paving way for potential ETF
Grayscale XRP Trust could potentially pave the way for an XRP ETF, subject to approval by the US Securities and Exchange Commission. Source: https://cointelegraph.com/news/grayscale-us-xrp-trust-potential-etf?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Will Hit New High Price If Trump or Harris Wins, Says Analyst—But Bettors Favor Kamala
Just days after former President Donald Trump and Vice President Kamala Harris faced off in their first debate, Polymarket odds have shifted to show Harris pulling ahead. However, an analyst at British multinational bank Standard Chartered believes a new Bitcoin all-time high price will come this year regardless of who wins the election. At the time of writing, crypto bettors…
Nomic introduces Ethereum support for decentralized Bitcoin custody
Nomic’s nBTC will compete with wBTC and come without controversy or centralization concerns. Source: https://cointelegraph.com/news/nomic-ethereum-support-decentralized-bitcoin-custody-testnet?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Gary Gensler Under Fire for Alleged Political Favoritism in SEC Appointments
The U.S. Securities and Exchange Commission (SEC) chair Gary Gensler has come under fire for allegedly hiring civil servants based on political affiliations—a violation of federal law. The allegations come from a joint letter sent by the House Judiciary, Financial Services, and Oversight Committees. While the allegations don’t appear to overlap with crypto enforcement actions from the regulator, they do…
Will Trump and Harris Debate Again? Polymarket Bets Say There’s a 60% Chance
According to Polymarket’s betting odds, there’s a 60% chance we’ll see another debate between former President Donald Trump and Vice President Kamala Harris, even though no additional debates are currently scheduled beyond the one held on Sept. 10, 2024. Bettors Place Their Bets on a Second Trump-Harris Debate Polymarket, a blockchain-driven prediction platform, has people […] Source: https://news.bitcoin.com/will-trump-and-harris-debate-again-polymarket-bets-say-theres-a-60-chance/