Silver has existed since dying stars started spewing the metal out billions of years ago. Bitcoin is 15 – but it’s already a bigger deal in the U.S. ETF market. Bitcoin ETFs had more assets than silver ETFs the instant the U.S. Securities and Exchange Commission approved them last week, and trailed only gold among commodity-focused U.S. ETFs.
Crypto Industry Goes Nuclear With Uranium-Linked Tokens
Uranium3o8 is offering yellowcake-backed tokens on Uniswap through a partnership between Canadian firm Madison Metals and Sainmiguel Investments.
CFTC pays whistleblowers $16M this year for mostly crypto tips
Two of the CFTC’s crypto tipsters scored $15 million alone which brought successful enforcement cases for the regulator.
CFTC pays whistleblowers $16M this year for mostly crypto tips
Two of the CFTC’s crypto tipsters scored $15 million alone which brought successful enforcement cases for the regulator.
What are the 3 assets most correlated with Bitcoin?
Bitcoin price is closely linked to several financial assets but the reasons for correlation with certain precious metals and stocks can be quite different.
Gary Gensler links crypto with cash in viral 2018 video — Crypto Twitter reacts
The 2018 MIT professor Gary Gensler didn’t think most ICOs triggered U.S. securities laws.
U.S. CFTC Chief Behnam Reinforces View of Ether as Commodity
With the ink still drying on its Binance action, U.S. Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam reiterated Tuesday that he believes ether is a commodity – a potentially controversial assertion that seems to counter what his counterpart at the Securities and Exchange Commission (SEC) has contended.
Coinbase CEO on its Wells Notice: SEC is like soccer referees in a game of pickleball
Brian Armstrong made the interesting analogy when asked to explain the firm’s recent “Wells Notice” in “NFL terms.”
Coinbase CEO: Regulate centralized actors but leave DeFi alone
Armstrong said that because centralized exchanges and custodians have the most risk of causing consumer harm, regulators must focus there first and foremost.
Judge orders CFTC to serve Ooki DAO founders with lawsuit
The DAO was initially served with a lawsuit via a help chat box but a federal judge said the regulator “should serve at least one identifiable Token Holder.”
BTC to outperform ‘most major assets’ in H2 2022 — Bloomberg analyst
Global rate hikes are putting downwards pressure on asset prices, but Bitcoin is starting to outperform commodities and tech stocks.
UBS raises US recession odds to 60%, but what does this mean for crypto prices?
Analysts believe the possibility of a recession in the US is increasing and this could be an important stress test for cryptocurrencies.
Ripple counsel slams SEC for trying to bulldoze and bankrupt crypto
“Like a hammer wanting everything to be a nail, the SEC is keeping everything murky so it can argue every crypto is a security,” claims Ripple general counsel Stu Alderoty.
Gillibrand and Lummis state that most altcoins are securities
“Most cryptocurrencies go to the SEC […] Bitcoin and Ether would be certainly commodities, and that’s agreed upon,” said the U.S. Senator from New York Kirsten Gillibrand.
Softer-than-expected crypto regulation and stocks’ rebound position Bitcoin for a $42K close
The Biden administration’s dovish approach to crypto sector regulation and a bounce in equities markets could give bulls a boost in Friday’s $790 million options expiry.
Indian government is reportedly considering regulating crypto as a commodity
Officials from India’s Finance Ministry said any potential law on cryptocurrencies would likely come around the time the government submits the Union Budget of India in February.
CFTC commissioner: agency doesn’t have enforcement resources without Congress
“We’re not necessarily looking for more authority without more resources,” said Dan Berkovitz in regards to crypto markets.
Former Reserve Bank official pushes for India to accept crypto
Former Deputy Governor of the RBI sees cryptocurrencies as a taxable asset or commodity.
CFTC commissioner says agency has broad enforcement authority on crypto derivatives
“A trading platform that offers derivatives on digital assets to U.S. persons without registering, or in violation of CFTC trading rules, is subject to the CFTC’s enforcement authority,” said Dawn Stump.
Flash crash rattles gold markets as Bitcoin holds strong
Gold prices have dropped below $1,700 per ounce this morning in what analysts described as stop-loss driven selling.
