Crypto News

DeFi Exchange Tokens on Ethereum Rise Double-Digits 

Decentralized exchanges, or DEXes, are cornerstones of the crypto industry. They eliminate intermediaries that are commonplace at centralized exchanges like Coinbase and Binance.  Today, several governance tokens [...]

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10 August 2021 08:20

Dogecoin, Shiba Inu Post Big Weekly Gains in Meme Coin Resurgence

Meme coins and tokens like Dogecoin and Shiba Inu ruled much of the conversation around the early-year crypto market boom—but when the market spiraled in May, their [...]

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9 August 2021 21:52

Shark Tank’s ‘Mr. Wonderful’ Shills Ethereum as ‘Ultra-Sound Money’ After EIP-1559

Kevin O’Leary, the Canadian investor best known for his role as “Mr. Wonderful” on the reality competition show “Shark Tank,” has made a U-turn on cryptocurrencies this [...]

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9 August 2021 21:32

Bitcoin Lobby Loses: Senate Rejects Revised Crypto Tax Provisions in Infrastructure Bill

The Senate rejected an amendment championed by the cryptocurrency industry that exempts non-custodial crypto actors from a crypto tax reporting requirement built into the $1 trillion infrastructure [...]

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9 August 2021 20:31

Ethereum Pet Rock NFTs Are Selling for More Than $100,000

Critics of NFTs call this year’s market boom a fad, or a short-lived bubble waiting to pop. Well, here’s a mash-up of a perceived fad with one of [...]

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9 August 2021 18:59

Bitcoin Passes $46,000 Price Mark for First Time Since May Crash

The cryptocurrency market continues to break out of its summer slump, with Bitcoin’s price topping $46,000 this morning—the first time the leading coin has topped that mark since [...]

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9 August 2021 16:43

Senate Reaches Last-Minute Deal on Crypto But Hurdles Remain

The ongoing drama over a proposed law that could roil the crypto industry took a further twist on Monday morning as key Senators announced they had reached [...]

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9 August 2021 15:37

Circle to Become Full-Reserve Bank Amid Stablecoin Scrutiny

The stablecoin giant Circle announced on Monday it intends to become a “national digital currency bank”—a move that would place it under the direct supervision of the [...]

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9 August 2021 14:25

Poloniex Settles for $10 Million with SEC for ‘Aggressive’ Listing Policy

Crypto exchange Pononiex has settled for $10 million with the U.S. Securities and Exchange Commission for selling digital securities. From July 2017 through November 2019, the SEC [...]

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9 August 2021 13:51

Price of Gold Crashes 6% in Two Hours

The price of gold crashed from just over $1,800 to around $1,690 per ounce yesterday afternoon, its lowest price since March, after what trading firm City Index [...]

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9 August 2021 12:40

Tether Is Backed by Nearly 50% Commercial Paper Says New Report

Tether has released an assurance report that provides a breakdown of the company’s consolidated assets. Per the report, Tether has a total backing of $62.7 billion, which [...]

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9 August 2021 12:33

U.S. Senate Vote in Favor of Amendment That Threatens Crypto Industry

The United States Senate has voted in favor of the Warner-Sinema-Portman amendment to President Biden’s infrastructure bill in a landslide of 68-29 late on Sunday evening.  The [...]

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9 August 2021 11:51

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