Fed governor Waller says crypto ecosystem has distinct parts with varying potential
    11 Feb 2023
    203 Views

    Christopher Waller praised the emerging applications of distributed ledger technology, smart contracts and tokenization, but he changed his tune for crypto assets. The parts that make up the cryptocurrency ecosystem are not all equal, United States Federal Reserve Board governor Christopher Waller told a conference audience on Feb. 10. He had clear preferences among the…

    Bitcoin price correction was overdue — Analysts outline why the end of 2023 will be bullish
    11 Feb 2023
    187 Views

    BTC and the crypto market will continue to battle with strong headwinds, but analysts explain why Q3 and Q4 of 2023 could turn out well for Bitcoin. Bitcoin price and the wider crypto market corrected at the start of this week, giving back a small portion of the gains accrued in January, but it’s safe to…

    Ethereum co-founder Joe Lubin says no chance ETH is classed as security
    10 Feb 2023
    175 Views

    The ConsenSys founder and Ethereum co-founder said it’s as unlikely as ride-sharing service Uber becoming illegal. Ethereum co-founder and crypto entrepreneur Joseph Lubin is confident that Ether won’t be classified as a security in the United States. Cointelegraph spoke with Lubin, Ethereum co-founder and founder of blockchain tech firm ConsenSys, in Tel Aviv at the Web3…

    Banks under pressure from U.S. authorities to cut ties with crypto firms
    10 Feb 2023
    182 Views

    United States authorities are allegedly discouraging banks from offering services to the crypto industry. United States authorities appear to be resurrecting past techniques to crack down on crypto firms and banks offering services to the industry, several sources told Cointelegraph. The alleged strategy consists of isolating the traditional financial system from the crypto market by…

    Crypto and securities: New interpretation of US Howey test gaining ground
    10 Feb 2023
    192 Views

    Lewis Cohen headed a team researching Howey-related case law to propose an application that differentiates between primary and secondary transactions. The crypto community celebrated a victory in court on Jan. 30 when the United States Securities and Exchange Commission (SEC) admitted in the remedies hearing of the LBRY case that secondary sales of its LBC…

    Bitcoin price more correlated to FTX developments than macro events: Research
    10 Feb 2023
    217 Views

    While inflation has an effect on the price of Bitcoin, researchers were bewildered by bitcoins resilience to other macroeconomic factors. The collapse of FTX and related developments did more to pull up or push down the price of Bitcoin throughout Q4, compared to macroeconomic events such as rate hikes, according to research. In a “State of…