SEC commissioner reiterates ‘the point of crypto’ as market aims for recovery

    Securities and Exchange Commissioner Hester Peirce highlighted that despite a very bad year, there are lessons for the crypto industry to learn. Hester Peirce, a commissioner on the Securities and Exchange Commission (SEC), said that after a terrible year, industry players need to remember what crypto is really about. In a speech at the Digital…

    Six on-chain metrics suggesting Bitcoin is a ‘generational buying opportunity’

    Six tried and tested on-chain metrics are repeating patterns last seen at the bottom of the past three bear markets. Several on-chain metrics from the Bitcoin network are flashing buy signals following this year’s rally. Bitcoin has broken out of its torpor to notch up a 37% gain since the beginning of 2023. However, on-chain data is still…

    ‘Tremendous time’ to start a blockchain company, says Pantera General Partner

    Paul Veradittakit of Pantera Capital believes now could be a good time for new entrepreneurs to enter the crypto space. Despite depressed crypto prices and recent company collapses, one of the key investors behind crypto hedge fund Pantera Capital believes there’s never been a better time to start a blockchain company. As part of a…

    SEC’s ‘one-dimensional’ approach is slowing Bitcoin progress: Grayscale CEO

    Grayscale’s chief was the latest to take a swing at the authority for its so-called “regulation by enforcement” actions. The approach to crypto regulatory enforcement by the United States Securities and Exchange Commission (SEC) has stalled the advancement of Bitcoin in the country, according to the CEO of Grayscale Investments. In a letter published in The Wall Street…

    Stablecoin data points to ‘healthy appetite’ from bulls and possible Bitcoin rally to $25K

    Bitcoin price continues to press higher this week as demand for stablecoins and a key BTC price metric suggests bulls have a “healthy appetite.” Bitcoin rallied 11% between Jan. 20 and Jan. 21, reaching the $23,000 level and shattering bears’ expectations for a pullback to $20,000. Even more notable is the move brought demand from Asia-based…

    Chinese blockchain project aims to be the ‘SWIFT’ of stablecoins and CBDCs

    A SWIFT-style system for bank-issued and regulated digital currencies was launched by a firm with a tenure building China’s national blockchain project. A Hong Kong-based blockchain company has launched a digital payments system aimed at bridging the gap between stablecoins and Central Bank Digital Currencies (CBDCs). Red Date Technology, the blockchain infrastructure firm which is…

    Vitalik Buterin divulges the ‘largest remaining challenge’ in Ethereum

    While the concept of stealth addresses appears complex in theory, Buterin previously described it as a “low-tech approach” compared to other Ethereum privacy solutions. Ethereum co-founder Vitalik Buterin has shared a possible solution to what he describes as the “largest remaining challenge” on Ethereum — privacy. In a blog post on Jan. 20, Buterin acknowledged the need…

    Aussie execs refute ‘argument’ to treat crypto as financial products

    The Australian Minister for Financial Services said there was a “good argument” to treat crypto as financial products in an interview on Jan. 22. Australian crypto executives have urged caution over lumping all digital assets in the same boat as financial products, after recent comments from Australia’s assistant treasurer on the ma Speaking to the Sydney…

    Bitcoin price surge: Breakthrough or bull trap? Pundits weigh in

    Bitcoin nearly broke its record for the longest streak of daily green price candles this month, but many believe its recent surge could be short-lived. While Bitcoin (BTC) has experienced a strong price pump to kick off the new year, many industry pundits are not convinced the cryptocurrency will continue its upward trajectory — at least in…

    Going cashless: Norway’s digital currency project raises privacy questions

    At this point, the test network for the Norwegian CBDC uses not the public Ethereum ecosystem, but a private version of the enterprise blockchain Hyperledger Besu. The small Nordic country of Norway may not be particularly notable on the global crypto map. With its 22 blockchain solution providers, the nation doesn’t stand out even at the…