Following men's cricket, the Board of Control for Cricket in India (BCCI) prohibits the women's teams from having commercial associations and other sponsorships with crypto businesses.
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Out of the Ordinal-ry: Bitcoin average block size hits all-time high
Bitcoin’s average block size has hit an all-time high of 2.5MB following the creation of the Ordinals protocol in January 2023.
Out of the Ordinal-ry: Bitcoin average block size hits all-time high
Bitcoin’s average block size has hit an all-time high of 2.5MB following the creation of the Ordinals protocol in January 2023.
Bitcoin price targets range from $19K to $25K as CPI day dawns
It's all about macroeconomic data this Valentine's Day as Bitcoin bulls face a test from a familiar source.
Bitcoin price targets range from $19K to $25K as CPI day dawns
Bitcoin (BTC) saw ongoing rejection below $22,000 into Feb. 14 as markets braced for macroeconomic data impact.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin vs. CPI: “Expect volatility”
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD failing to expand beyond $21,800 ahead of the United States Consumer Price Index (CPI) print for January.
Already called the “most important” CPI release, the data, due at 8:30 am Eastern Time, is a classic volatility catalyst for risk assets.
Crypto market participants thus expected a busy trading day, with both $19,000 and $25,000 on the table as potential targets depending on how far the results stay from estimates.
“Will probably see that $24-25k Bitcoin pump if tomorrow morning’s CPI number shows more disinflation in the positive direction,” Venturefounder, a contributor at on-chain analytics platform CryptoQuant, wrote in part of a Twitter update.
Bitcoin miners already made nearly $600K from Ordinals' NFT transactions
The Ordinals hype is real with the NFT inscriptions now regularly taking over 50% of Bitcoin block space.
SEC to target crypto firms operating as 'qualified custodians' — Report
If a majority of the five-member SEC panel votes in favor of the draft proposal, it will proceed to the next stage, which will be reviewed by other members of the SEC.
SEC to target crypto firms operating as 'qualified custodians' — Report
If a majority of the five-member SEC panel votes in favor of the draft proposal, it will proceed to the next stage, which will be reviewed by other members of the SEC.
Stablecoins not the target in BUSD crackdown: Matrixport head of research
Crypto financial services Matrixport's head of research believes the recent scrutiny of Paxos and its Binance USD (BUSD) token is not a direct attack on stablecoins themselves.
In a Feb. 14 analysis, Matrixport's Markus Thielen suggested that Paxos Trust Company, the issuer of the Binance USD (BUSD), may not have been stringent enough with its oversight of the token.
He added that the issue "does not appear to be around stablecoins" in itself.
"Paxos had violated its obligation to conduct tailored, periodic risk assessment and due diligence of Binance and Paxos-issued BUSD customers," Thielen argued.
On Feb. 13, the New York Department of Financial Services (NYDFS) ordered Paxos to halt the issuance of BUSD "as a result of several unresolved issues related to Paxos’ oversight of its relationship with Binance"
Stablecoins not the target in BUSD crackdown: Matrixport head of research
Crypto financial service Matrixport’s head of research believes regulators are not targeting all stablecoins with the regulatory crackdown on BUSD issuer Paxos.
OFAC-compliant blocks on Ethereum hits three-month low of 47%
The fall to 47% comes nearly three months after the percentage of OFAC-compliant blocks reached its peak at 79% on Nov. 21.
OFAC-compliant blocks on Ethereum hit three-month low of 47%
Back in November, the percentage of Ethereum blocks complying with orders from the Office of Foreign Asset Control peaked at 79%.
Binance withdrawals and BUSD redemptions surge post Paxos crackdown
Net outflows at the cryptocurrency exchange hit $788 million over the last 24 hours, however, Binance told Cointelegraph that "Funds are SAFU."
Bitcoin hits record 44M non-zero addresses, thanks to Ordinals: Glassnode
Glassnode noted that this is the first time in Bitcoin history where the network has been used for purposes other than for monetary purposes.
CFTC and SEC cases against SBF deferred until after criminal trial
Damian Williams, U.S. Attorney for the Southern District of New York pushed to defer the civil cases due to a major overlap between the CFTC, SEC and DOJ’s cases.
Iris Energy to nearly triple hashrate with estimated 44,000 new BTC miners
With the tough conditions that faced Bitcoin miners last year, Iris’ co-founder said the purchase was a “significant milestone” for the company.
Paxos ‘categorically disagrees’ with the SEC that BUSD is a security
Paxos said it will engage with the US securities regulator on the matter and is prepared to "vigorously litigate if necessary."
Paxos ‘categorically disagrees’ with the SEC that BUSD is a security
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Paxos Trust Company has released a statement noting that it "categorically disagrees" with the United States securities regulator which has painted Binance USD (BUSD) as a security.
In the Feb. 13 statement, the BUSD issuer confirmed recent reports that it had received a Wells notice from the United States Securities and Exchange Commission (SEC) over BUSD and its alleged failure to register the offering under federal securities laws.
Circle blew the whistle on Binance reserves to NYDFS: Report
The company's complaint to the New York regulator reportedly came before the SEC's lawsuit against Paxos over BUSD and NYDFS ordering the firm to "cease minting" the stablecoin.
Bakkt sunsets its consumer-facing crypto app to focus on B2B solutions
The app is expected to cease operations on March 16, 2023.