The Latest Breaking News from Omid Malekan

Republicans held congressional hearings on crypto industry claims that traditional banks won't serve them

Crypto market loses 6% of its market cap as excitement over Trump’s victory fades.

Its welcoming stance is seen by some as proof that China’s crypto ban could soon end.

Many Black and Latino investors were drawn to crypto by its promise to be pathway to wealth-building outside of a traditional financial system with long history of racial discrimination and indifference to the needs of low-income communities

Starting with the lofty goal of competing with traditional banks, cryptocurrency lending giants and their clients now face financial ruin due to their appetite for risk and a paucity of regulatory guardrails. Celsius Network, which suspended withdrawals in mid-June, had advertised a seemingly difficult-to-reconcile mix of interest rates, charging just…

In the early summer of 2021, it was a popular idea that Bitcoin (CRYPTO: BTC) may be a safe-haven asset, hypothetically independent of traditional markets.