Month: September 2024

Senate hopeful John Deaton applauded the efforts of Democratic-leaning cryptocurrency advocates Mark Cuban and Anthony Scaramucci in opposing SEC Chair Gary Gensler’s unfriendly policies on digital assets. What Happened: On Wednesday, Deaton, who is fighting against Democratic rival Sen. Elizabeth Warren (D-Mass.), took to X to express his discontent with...

Payments giant PayPal Holdings Inc. (NASDAQ:PYPL) unveiled its plan to extend cryptocurrency services to U.S. business account holders, with the exception of New York State. What Happened: As per a press release issued on Tuesday, the latest move would enable U.S. merchants to buy, sell, and hold cryptocurrency directly from...

Worlcoin (CRYPTO: WLD) topped the cryptocurrency market gainers list Wednesday on developments surrounding the project’s founder, Sam Altman. What happened:  WLD, the native currency of the decentralized identity verification project was up more than 10% as of this writing, with the cryptocurrency’s trading volume surging 83% in the last...

On Tuesday, Ethereum spot exchange-traded funds (ETFs) registered a significant positive performance for the first time in nearly two months. The crypto-based investment products have seen a sluggish performance throughout September and have failed to impress investors amid the market pump. Ethereum ETFs See Best Day Since August Last...

Leading cryptocurrencies retraced Wednesday, coinciding with the decline in stocks triggered by the downgrade of automobile-related shares. Cryptocurrency Gains +/- Price (Recorded at 9:15 p.m. EDT) Bitcoin (CRYPTO: BTC) -1.92% $62,887.90 Ethereum (CRYPTO: ETH)                -2.61% $2,572.07 Dogecoin (CRYPTO: DOGE)           -0.91% $0.1089 What Happened: Bitcoin steadily retreated during U.S. trading...

Caroline Ellison, the former CEO of Alameda Research and key witness in the prosecution of her ex-partner Sam Bankman-Fried (SBF), was sentenced to two years in prison on Tuesday for her part in the FTX fraud.  The sentencing took place on Tuesday in a New York federal court, where...

Democratic presidential nominee Kamala Harris reaffirmed her support for emerging technologies like blockchain and artificial intelligence, days after mentioning cryptocurrencies for the first time on the campaign trail. What happened: While outlining her economic proposals during a speech at The Economic Club of Pittsburgh, the vice president said, ”...

China’s recent stimulus measures have sparked optimism in the global financial markets, and according to QCP Capital analysts, the effects may soon extend to the cryptocurrency space. While stock indices responded positively to China’s economic policies, the crypto market has yet to see a similar surge. However, QCP Capital...

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Truflation’s team said that no customer funds were stolen in the security breach....