On-chain data and ETH price charts are beginning to hint at a possible rally to $3,000. thereum’s on-chain movements indicate bullish pressure building around Ether as its exchange balances reached an all-time low and staking deposits keep surging. Ether’s technical charts suggest that the asset can reclaim $3,000 if buyers are able to push above the resistance between…

Julia Leung Fung-yee said incorporating virtual assets into the regulatory system was crucial after FTX’s bankruptcy. The CEO of the Securities and Futures Commission (SFC) of Hong Kong, Julia Leung Fung-yee, addressed Hong Kong’s embrace of Web3 regulation following the collapse of crypto exchange FTX in November 2022, stating that crypto trading is an important part of…

SEBA Bank exec Nasha Afshar believes that the question of institutions getting into crypto has shifted from “if” to “when,“ indicating growing confidence in the industry. As more institutions go from only showing their interest in the crypto space into actually investing in Web3 projects, getting into crypto turns into a question of “when” rather…

The United States Supreme Court ruled in favor of Coinbase in its first-ever opinion on a cryptocurrency case on June 23. The United States Supreme Court decided in favor of cryptocurrency exchange Coinbase on June 23 in a partisan opinion that will halt court proceedings against the company in two California cases. Plaintiffs in the…

According to Fabio Panetta, the volatility of crypto and aspects of blockchain technology made digital assets only suitable for gambling. Fabio Panetta, an executive board member of the European Central Bank (ECB), has suggested a dark future for cryptocurrencies, in which the digital assets may be used for little more than gambling among investors. In…

After proposing a single ledger CBDC payment system, the International Monetary Fund reported on the regulation and use of digital currencies in Latin America and the Caribbean. The International Monetary Fund (IMF) has reiterated its calls for crypto regulation across certain countries but said an outright ban may not be the best approach. In a…