Prime Trust’s financials ‘considerably deteriorated,’ says Nevada regulator
Nevada's business regulator issued a cease and desist order to the crypto custodian alleging it has a "shortfall of customer...
Altcoin News
Cryptopay EU card provider loses license, company says card funds are safe
The EU Cryptopay cards may stop working soon as the Bank of Lithuania has revoked the EMI license of the...
Bitcoin and correlations — Examining the relationship between BTC, gold and the Nasdaq
Bitcoin traders always talk about BTC’s correlation with gold and equities, but how much attention should average investors pay to...
Robinhood buys credit card fintech X1 for $95M
In 2022, X1 claimed to have 500,000 people on its waiting list for a credit card. Over the past two...
Crypto enthusiasts are wrong to target Gary Gensler
Laws in the United States are the problem. Cryptocurrency advocates should focus on changing them — and, in the meantime,...
Bitcoin holds $30K as bulls flaunt their advantage in Friday’s $715M BTC options expiry
News of regulatory enforcement against the crypto sector fell by the wayside as the Bitcoin price rallied above $30,000, and...
Issuing digital euro, or ‘Cash+,’ is probably a duty, French central banker says
François Villeroy de Galhau tried to soft sell the proposed euro CBDC to commercial bankers, emphasizing collaboration and the CBDC’s...
Bitcoin breaks $30,000 and is the center of attention again!
Bitcoin touches $30,000 and is back on everyone’s radar. Find out what is driving the price forward on this week’s...
TrueUSD assures users it has no exposure to troubled Prime Trust
Stablecoin issuer TrueUSD maintains that it is not affected by the current challenges facing Prime Trust. On June 22, TrueUSD announced...
Banning crypto ‘may not be effective in the long run’ — IMF
After proposing a single ledger CBDC payment system, the International Monetary Fund reported on the regulation and use of digital...
Santander, Crédit Agricole asset arm receives French crypto custody license
CACEIS’s registration comes just in time to avoid the bank being subject to France’s new crypto regulations. CACEIS Bank, the...
‘Bitcoin only’ buy-and-hold investment strategy outperforms altcoins over the long term — Analysis shows
Historical data shows that apart from a few times since 2015 when altcoins outperformed BTC, a ‘Bitcoin only’ investment strategy...
Google launches ‘Anti Money Laundering AI’ after successful HSBC trial
Google claims the new tools are far more efficient than traditional rules-based approaches at detecting money laundering at scale. Google...
BlackRock Bitcoin spot ETF nod ‘unlikely in near term’ — QCP Capital
Bitcoin spot ETFs face a brick wall, at least for the time being, from SEC Chair Gary Gensler, new research...
BitGo terminates acquisition of Prime Trust
The acquisition was called off two weeks after BitGo publicly disclosed its non-binding letter of intent to acquire Prime Trust....
