Republican Congressman Blaine Luetkemeyer Announces Retirement

by Александр Пирогов | Jan 5, 2024 | Blog News

Republican Representative Blaine Luetkemeyer of Missouri has announced his retirement, revealing in a post that he will conclude his term in December 2024. Luetkemeyer, who served as the chairman of the Financial Services Subcommittee on National Security, Illicit...

Bitcoin Rebounds Above $44,000 as Spot ETF Hopes Get Revived

by Александр Пирогов | Jan 5, 2024 | Blog News

Bitcoin has experienced a rebound, surpassing the $44,000 level following a recent plunge. The market sentiment, as indicated by the Crypto Fear & Greed Index, leans towards Greed with a value of 72. Grayscale and VanEck’s filings for spot Bitcoin ETFs have...

Taiwan’s Largest Crypto Exchange, ACE, Faces Criminal Investigation Over Fraud Allegations

by Александр Пирогов | Jan 5, 2024 | Blog News

ACE, Taiwan’s largest cryptocurrency exchange, is currently under investigation by Taiwan’s criminal police for fraud exceeding NT$1 billion. The probe focuses on the promotion and sale of cryptocurrencies referred to as ‘shitcoins,’ a term...

SEC Requests Consideration of Terra Ruling in Binance Case

by Александр Пирогов | Jan 5, 2024 | Blog News

The United States Securities and Exchange Commission (SEC) has filed a motion in federal court urging the judge to consider a summary judgment in its case against cryptocurrency exchange Binance. The SEC referenced a recent ruling in a case against Terraform Labs and...

Bitcoin tumbles amid Cautions on Bitcoin Spot ETF SEC Rejection

by Александр Пирогов | Jan 4, 2024 | Blog News

Matrixport’s cautious stance on the approval of Bitcoin Spot ETFs (Exchange Traded Funds) by the SEC projects a potential rejection in January 2024. The statement suggests hedging long exposure due to SEC Chair Gensler’s skepticism towards...

South Korea’s Financial Regulator Proposes Restriction on Crypto Purchases with Credit Cards

by Александр Пирогов | Jan 4, 2024 | Blog News

South Korea’s Financial Services Commission (FSC) has proposed an amendment to the credit finance act, aiming to prohibit citizens from using credit cards for cryptocurrency purchases. The amendment intends to limit local traders from buying cryptocurrencies on...