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The Latest Breaking News on Crypto

Canadian Regulator Slaps Binance With 4M In Fines Over AML, Anti-Terrorism Financing Violations

Binance is faced with over $4 million in fines in Canada after a regulator deemed that the crypto exchange giant violated its anti-money laundering and anti-terrorism financing law.

International Business Times

Cardano Creator Says Biden Administration Seeks To 'Kill Crypto' Amid SEC Bulletin Drama

Charles Hoskinson called the Biden administration's latest statement regarding a House resolution that repeals the highly-debated SAB 121 of the SEC as "garbage."

International Business Times

Robinhood Reports Record Q1 Earnings After Cryptocurrency Surge

Robinhood stock initially surged after the retail brokerage firm reported earnings, but has since pulled back. Here's what you need to know.

Kiplinger

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Kill Bill: Biden Administration Vows To Veto Resolution Overturning Controversial SEC Bulletin

President Joe Biden will veto a resolution passed Wednesday by the House that strikes down the SEC's SAB 121, which requires crypto custody service providers to hold customer's digital assets on their balance sheets.

International Business Times

SEC Ripple Case: Regulator Insists $2B Penalty 'Needed' To Deter Crypto Giant's Future Violations

The SEC has reiterated in another court filing that a massive penalty on Ripple was necessary to ensure that future violations will be deterred.

International Business Times

Bankruptcy Survivor Core Scientific Self-Mines $175M Worth Of Bitcoin In Q1

Core Scientific mined a significant amount of Bitcoin in the first quarter of the year, even as it just emerged from bankruptcy in January.

International Business Times

Ex-Bitcoin Critic Trump Says He Will 'Stop' Regulatory Hostility Toward Crypto

Donald Trump has once again signaled to the crypto community that he has come around as he hosted NFT owners and even vowed to "stop" the government's regulatory hostility toward digital assets.

International Business Times

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Embattled Robinhood Reports Staggering 224% Spike In Q1 Crypto Notional Trading Volume

Robinhood has just unveiled its Q1 2024 earnings, highlighting how its embattled cryptocurrency unit played a major role in the fintech giant's overall profits during the first quarter.

International Business Times

The Psychology of Ethereum Trading: Understanding Market Sentiment and Trends

Ethereum, the second-largest cryptocurrency by market capitalization, has garnered significant attention from traders and investors worldwide. With its innovative blockchain technology enabling smart contracts and decentralised applications (DApps), ...

USA Today Sports Media Group

US crypto entrepreneur arrested in Dubai alleges torture by police

Edel Hsieh, who is linked to HyperVerse CEO, alleges police tortured him into signing a false confession

The Guardian - US

3 Financial Stocks Building Quality Gains in May

The financial services sector is set for robust growth due to global economic trends, rising adoption of advanced fintech solutions, supportive government policies, and business digitalization. Hence, investors could consider buying quality financial stocks like FirstCash Holdings (FCFS), World Acceptance (WRLD), and Regional Management (RM). Read on.

StockNews.com

Bankrupt crypto exchange FTX says it will be able to repay creditors full $11bn

CEO confirms once company has sold off remaining assets it will have more than amount required

The Guardian - UK

Gensler Dodges ETH Question, Says Crypto A 'Small Piece' Of Overall US Financial Market

Gensler, seemingly unmoved by calls for him and the SEC to be held accountable for "misleading" statements regarding Ether's status as a security or a commodity, once again dodged a direct question regarding the world's second-largest cryptocurrency.

International Business Times

NFL Legend Rob Gronkowski To Pay $1.9M To Settle Voyager Digital Investors Lawsuit

Ron Gronkowski has agreed to settle majority of the "millions" that plaintiffs are set to receive in relation to their complaint against the NFL great and other sports figures over their promotion of collapsed crypto lender Voyager Digital.

International Business Times

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International Business Times

FUD On The Rise On X As Bitcoin Retreats To $62K

Bitcoin had an outstanding first quarter 2024 bull run, but it seems the bull market is on shaky ground, as some crypto users on X have started expressing frustration over the digital asset's price struggling to climb higher since the halving.

International Business Times

Susquehanna Reveals Billion-Dollar Bitcoin ETF Treasury

Susquehanna has jumped into the institutional Bitcoin ETF list as the quantitative trading giant revealed it has more than $1 billion worth of BTC ETFs across multiple issuers – the largest investments on Grayscale's GBTC.

International Business Times

Crypto Community Buzzes As Grayscale Withdraws Ethereum Futures ETF Application

Grayscale, which recently saw a reversal in activity around its spot Bitcoin ETFs, has withdrawn its application for Ethereum futures ETFs, raising questions among industry analysts and enthusiasts.

StockNews.com

Top 4 Financial Stocks for Value Buyers

The financial services sector is poised for strong growth thanks to global economic trends, the use of advanced technologies such as AI, blockchain, and cloud computing, and changing consumer preferences. Therefore, financial stocks Qifu Technology (QFIN), Noah Holdings (NOAH), Grupo Supervielle (SUPV), and Yiren Digital (YRD) could be wise investments…

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International Business Times

CFTC Chair Expects New Crypto Enforcement Actions In As Early As 6 Months

The CFTC's Rostin Behnam has once again warned that the public's interest in digital assets only indicates the immediate need for regulations that should protect investors from "fraud and manipulation."

International Business Times

'Scare Tactic': Lawmaker, Lawyer, Crypto Users Cry Foul Over SEC Robinhood Wells Notice

The crypto space is outraged over the SEC's seeming "abuse" of the Wells process as the regulator issued a Wells Notice to Robinhood's crypto arm just weeks after Uniswap received a notice.

International Business Times

Twice Hacked FixedFloat Back In Service On 'Limited Mode'

The FixedFloat exchange has started operating again after it was hacked for the second time by the same exploiters who first stole $26 million from the exchange.

International Business Times

Multi-Billion Asset Manager Hightower Advisors Discloses BTC ETFs Stash, Majority From Grayscale

Hightower Advisors has invested millions into spot Bitcoin ETFs, highlighting the growing interest among traditional financial entities in the emerging funds that have shown sustained popularity since they began trading in January.

International Business Times

Bernstein Analysts Retain Year-End 2025 Bitcoin Price Prediction Of $150K

Bernstein analysts have just reaffirmed their earlier prediction that Bitcoin can hit $150,000 at the end of 2025, even with current market conditions and volatile prices since the halving.

Marie Claire

Cardi B's Triangular Met Gala Manicure Is Secretly Very Complicated

It has length *and* height.

International Business Times

Realio Network's RIO Price Analysis: The Rising RWA Crypto Tokenizing Real Assets

The Realio Network crypto (RIO) is a promising asset and a potential cornerstone of tokenizing Real World Assets (RWAs) onto the blockchain.

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