Markets

US Senate passes resolution overturning SEC crypto rule on banks
US Senate passes resolution overturning SEC crypto rule on banks

A majority of lawmakers in the United States Senate have passed a joint resolution calling for the Securities and Exchange Commission (SEC) to strike down a rule affecting financial institutions doing...

Last updated 3 mins ago

FTX repayments could create ‘bullish overhang’ for crypto markets — K33 Research
FTX repayments could create ‘bullish overhang’ for crypto markets — K33 Research

Slated cash repayments to FTX creditors could create a wave of bullish “buying pressure” in the crypto market, says K33 Research analysts.FTX is set to pay a minimum of $14.5 billion in cash to u...

Last updated 3 mins ago

SEC custody rule made crypto regulation a ‘political football’ — Rep. Nickel
SEC custody rule made crypto regulation a ‘political football’ — Rep. Nickel

The United States securities regulator has turned crypto regulation into a “political football,” and its “open hostility” isn’t helping President Joe Biden, says Representative Wiley Nickel....

Last updated 3 mins ago

Crypto markets rally, but Ethereum struggles to keep pace with Bitcoin
Crypto markets rally, but Ethereum struggles to keep pace with Bitcoin

On May 15, the cryptocurrency markets saw a 5.5% increase in total capitalization following the release of inflation and retail sales data from the United States. However, Ether (ETH) failed to fully ...

Last updated 3 mins ago

Ex-FTX exec Ryan Salame asks for no more than 18 months in prison
Ex-FTX exec Ryan Salame asks for no more than 18 months in prison

Lawyers representing Ryan Salame have requested the former co-CEO of FTX Digital Markets be sentenced to no more than 18 months in prison.In a May 14 filing with the United States District Court for t...

Last updated 3 mins ago

Robinhood rolls out SOL staking to European markets
Robinhood rolls out SOL staking to European markets

Trading platform Robinhood is targeting European users to expand its crypto services as legal challenges loom in the United States. On May 15, the company announced its first crypto-staking product, e...

Last updated 3 mins ago

Bitcoin Skyrockets to $66,000 as Easing US Inflation Fuels Crypto Market Surge
Bitcoin Skyrockets to $66,000 as Easing US Inflation Fuels Crypto Market Surge

US consumer price data came out on Monday, May 15. The core consumer price index (CPI), which measures underlying US inflation, increased less than expected in April. It climbed 0.3% from March, marki...

Last updated 3 mins ago

Oasys Expands Crypto Gaming Presence in Japan With SBI’s NFT Market
Oasys Expands Crypto Gaming Presence in Japan With SBI’s NFT Market

Gaming-focused blockchain network

Last updated 3 mins ago

Bitcoin Price Prediction as US Core Inflation Data is Released – Is the Bull Market About to Start?
Bitcoin Price Prediction as US Core Inflation Data is Released – Is the Bull Market About to Start?

Bitcoin’s price surged by 7.50% to $66,350 amid the latest U.S. inflation data release. The U.S. consumer price index (CPI) rose by 0.3% in April, down from 0.4% in March and February.

Last updated 3 mins ago

Bitcoin (BTC) Price Jumps 7.5% in 24 Hours: Key Factors Behind the Surge
Bitcoin (BTC) Price Jumps 7.5% in 24 Hours: Key Factors Behind the Surge

Bitcoin (BTC) closed the daily candle with a robust 7.5% gain, signaling strong bullish momentum.

Last updated 3 mins ago