Coinbase executives claim that staking is not a security under the US Securities Act or Howey test. Crypto exchange Coinbase’s executives are standing up for its crypto staking services, claiming it cannot be classified as a security, and threatening to bring the matter to the courts in the United States. Brian Armstrong, Coinbase CEO, posted...Continue Reading

Over 72% of Silvergate Capital Corp stocks were shorted as of Jan. 31, shows FINRA’s latest data. Crypto bank Silvergate Capital Corp. stands in the second position as most-shorted stock in the United States, with over 72.5% of its shares shorted, according to the latest Short Interest Reporting from Feb. 9.  The Financial Industry Regulatory...Continue Reading

BTC price could remain range-bound in the near term, but MATIC, HBAR, LDO and BIT could continue higher. Bitcoin (BTC) price is trying to recover over the weekend but the current bounce lacks conviction. This suggests that dip buyers are nervous to load up before the release of January’s consumer price index data on Feb....Continue Reading

Core Scientific, Riot, and CleanSpark led the way in increasing Bitcoin production in January helped by better weather conditions and stable electricity prices. The first production update of 2023 from publicly listed Bitcoin (BTC) mining companies shows a steady increase in hash rate and a surge in BTC production compared to the previous month, according...Continue Reading

Monetary policy refers to the actions taken by a central bank to manage the money supply and interest rates in an economy. What is monetary policy? Monetary policy refers to the actions taken by a central bank or monetary authority to manage the supply of money and interest rates in an economy, with the aim...Continue Reading

The freedom to stick to what makes the most sense financially sprouted various classes of investors, each distinguished by their intent behind crypto investments. For the first time since the 7th century, the paper-money economy found its true competition in the internet era. With Bitcoin’s (BTC) debut in 2010, the fiat ecosystem was not only...Continue Reading

Crypto sentiment is “hysterical” with Bitcoin under $22,000, but no major trend lines have been lost yet, one analyst argues. Bitcoin (BTC) edged closer to $22,000 over the weekend as traders and analysts urged caution on overly bearish sentiment.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst dismisses “hysterical” crypto sentiment Data from Cointelegraph Markets...Continue Reading

Assemblymember Timothy Grayson introduced the Digital Financial Assets Law to protect Californians from financial hardship and foster responsible innovation. The Consumer Federation of California (CFC), a nonprofit advocacy organization working for consumer rights, sponsored a bill that seeks to license and regulate the activities of cryptocurrency exchanges. The legislation demanding regulatory oversight of crypto businesses...Continue Reading

Before hitting a technical roadblock, CUD was seemingly interested in collecting tuition and course fees in cryptocurrencies from both domestic and international students. Not even 24 hours after the Canadian University Dubai (CUD) announced its partnership with Binance Pay to accept course fees in cryptocurrencies, a technical roadblock watered down the excitement behind the short-lived...Continue Reading

The move will allow Brazilian taxpayers to easily settle their tax liabilities, meanwhile expanding “access” to the digital asset ecosystem. A major Brazilian bank is offering a new and convenient option for taxpayers to settle their dues using cryptocurrencies. According to a statement published by Brazilian bank Banco do Brasil on Feb. 11, it is...Continue Reading