Brazilian President Luiz Inácio Lula da Silva, known to many as simply Lula, has signed legislation giving clarity to the roles the country’s central bank and securities regulator will take in regards to cryptocurrencies. In a June 14 notice, President Lula signed government decree No. 11.563, establishing rules under a December 2022 law on a
Month: June 2023
Bitcoin (BTC) stuck to $26,000 on June 14 as fresh United States macroeconomic data prints failed to move cryptocurrency markets. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView PPI offers Bitcoin bulls little fuel Data from Cointelegraph Markets Pro and TradingView showed BTC/USD staying stubborn as Producer Price Index (PPI) data showed U.S. inflation continuing
Amid the panic over lawsuits against major cryptocurrency exchanges, one Bitcoin (BTC) advocate argued that the BTC market is much bigger than the one tracked by exchanges. The total Bitcoin market is not limited to Binance, Coinbase or any other crypto exchange, Jan3 CEO Samson Mow told Cointelegraph at the BTC Prague conference on June
Coldie is a real one. Best described as a mixed media artist, the Californian resident is a true OG of the NFT scene, with his work dating back to 2018, including the iconic themed “Decentral Eyes,” “Sellout” and, more recently, a collaboration with Snoop Dogg. His distinct 3D stereoscopic work jumps off the screen, and,
Binance.US and the United States Securities and Exchange Commission (SEC) have agreed to work on an arrangement that will allow the exchange to avoid freezing all of its assets. On June 14, Bloomberg reported U.S. District Judge Amy Berman Jackson referred the two organizations to a magistrate judge to work towards a compromise arrangement that
Enforcement actions on cryptocurrency firms by regulators in the United States could result in a Bitcoin (BTC)-focused industry that will push its price over $250,000, according to MicroStrategy co-founder Michael Saylor. In a June 13 Bloomberg interview, the Bitcoin bull explained recent enforcement actions from the Securities and Exchange Commission (SEC) will eventually play in
Ripple’s chief legal officer Stuart Alderoty has called for an investigation into the motivations that led to former SEC official William Hinman delivering his now-infamous speech in 2018. Alderoty’s demand for an investigation came as part of a June 13 Twitter thread following the public release of the Hinman documents. The documents revealed that Hinman’s
Amazon Web Services (AWS) suffered a minor outage but there was no impact on Ethereum network nodes which largely rely on Amazon’s hosting. On June 13, the cloud service provider went down temporarily for around three hours. At 12:08 PM PDT, the company first reported it was “investigating increased error rates and latencies” in parts
Five years after Bill Hinman delivered his speech on cryptocurrencies, Chief Legal Officer (CLO) at Ripple, Stuart Alderoty, has called for an investigation into the former Securities and Exchange Commission (SEC) official’s actions. The call comes after the SEC’s lawsuit against Ripple and the subsequent release of public emails and drafts of Hinman’s speech, which
Binance CEO Changpeng “CZ” Zhao has refuted accusations that Binance has been secretly selling Bitcoin (BTC) to artificially stabilize the price of its native token Binance Coin (BNB). The rumors have come from several market commentators, including analyst Dylan LeClair and Swan Bitcoin CEO Cory Klippsten, who have accused Binance of intentionally manipulating the market to artificially
Bitcoin’s (BTC) percentage share in the crypto market has risen to nearly 50% in the aftermath of the last week’s altcoin market rout. On June 13, the Bitcoin Dominance Index (BTC.D), which tracks BTC’s weight against other cryptocurrencies, reached 49.29%, slightly down from its two-year highs of 49.66% seen earlier this week. BTC.D daily price
The United States securities regulator has asked for four more months to provide a response to Coinbase’s request for crypto regulatory clarity. In a June 13 letter submitted to the U.S. Court of Appeals for the Third Circuit, the Securities and Exchange Commission (SEC) said it needs an additional 120 days to reply to Coinbase’s
Bitcoin (BTC) has been trading in a narrow 3.4% range for the past three days after successfully defending the $25,500 support on June 10. In this time, investors’ attention has shifted to the macroeconomic area as the U.S. Federal Reserve will announce its interest rate decision on June 14. Cryptocurrencies might work independently from the
Uniswap Labs has released a draft of the code for Uniswap V4, according to a June 13 blog post from Uniswap’s Founder, Hayden Adams. The new code features “hooks” or plugins that allow developers to create custom liquidity pools. Uniswap is the largest decentralized crypto exchange in the world by volume. Its latest version is
The United Kingdom arm of cryptocurrency exchange Bitstamp has joined the list of registered firms under the country’s Financial Conduct Authority. According to the FCA list of registered cryptoasset firms as of June 13, Bitstamp U.K. Limited and Interactive Brokers Limited became the first companies to join other registered entities in the U.K. after roughly
Bitcoin (BTC) fell back in line at the June 12 Wall Street open after a brief macroeconomic data jolt failed to shift the status quo. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView Markets expect first Fed pause since 2021 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD continuing to circle $26,000, avoiding major
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