Author: Crypto News

Last updated: April 26, 2024 03:28 EDT | 2 min read Fintech giant Stripe has announced its decision to once again allow customers to accept cryptocurrency payments after a six-year break.The company is starting with USDC stablecoins on the Solana, Ethereum, and Polygon blockchains, according to a report from TechCrunch. The news of Stripe’s reentry into crypto payments was unveiled by the company’s co-founder and president, John Collison, at the Connect developer conference held in San Francisco. Collison emphasized the improved stability and user experience that stablecoins offer.“Stripe is bringing back crypto payments—this time with stablecoins, which are a way better experience.”Stripe Aims to Expand ServicesThe latest announcement is part…

Last updated: April 26, 2024 02:50 EDT | 1 min read Digital Currency Group (DCG), parent firm of bankrupt crypto lender Genesis, has brought on its first-ever chief legal officer as it faces a lawsuit from New York’s Attorney General.In a statement on Thursday, DCG said it has appointed Aimie Killeen as its legal chief. Prior to this appointment, she served as chief legal officer at Billtrust, a software and payments company.She will start her new role on May 1, overseeing international legal matters, mergers and acquisitions, and compliance, according to a statement.“We are pleased to welcome Aimie to DCG’s…

Last updated: April 26, 2024 01:18 EDT | 1 min read Cboe plans to close its spot crypto trading platform by Q3, with cash-settled crypto futures moving to the Cboe Futures Exchange by 2025.Cboe also plans to streamline its digital asset operations, it said on Thursday. Its digital asset derivatives will be integrated into its broader Global Derivatives and Clearing business. Cboe stated these adjustments are part of a strategic evaluation, considering regulatory uncertainty in the digital asset market.Additionally, John Palmer, currently president at Cboe Digital, will head the company’s US derivatives market. He will report to Cathy Clay, executive…

Last updated: April 25, 2024 23:41 EDT | 2 min read The US Federal Bureau of Investigation (FBI) has issued a warning to Americans regarding the use of crypto money-transmitting services that are not registered as Money Services Businesses (MSBs) in accordance with United States federal law. These laws, outlined in 31 USC § 5330 and 31 CFR §§ 1010 and 1022, mandate adherence to anti-money laundering requirements.FBI Urges Caution When Using Cryptocurrency Services Before using an unlicensed cryptocurrency service, the #FBI advises users to check whether the service is registered as a money-transmitting business with the U.S. Treasury Department. Learn…

Last updated: April 25, 2024 23:21 EDT | 1 min read The infamous “Buy Bitcoin” sign held up by Christian Langalis during Federal Reserve Chair Janet Yellen’s Congressional testimony in 2017 has been sold for a staggering $1 million. Langalis, also known as the “Bitcoin Sign Guy” auctioned off the Bitcoin sign sketched on a yellow legal pad between April 18-24, 7 pm ET. The final bid closed at 16 Bitcoin approximate value of $1,027,150.27, according to Scarce City, an online marketplace for Bitcoin goods and Bitcoin non-fungible tokens. The sign was sold to an unknown buyer.  And that’s a wrap…

In a fresh wave of enthusiasm sweeping the Solana blockchain, $SNUKE Coin announces its exciting presale, setting the stage for what could be the next major meme coin craze.Offering a blend of humor and investment potential, $SNUKE is perfectly positioned for those looking to ride the next big wave in a new Solana Meme Coin.Don’t Miss the $SNUKE Pre-Sale$SNUKE presale has just kicked off, and early adopters are already seizing the chance to be part of this potentially explosive new meme coin.With it’s potential for a significant return and listing price increase of 1.25X on Raydium at end of Pre-Sale,…

Last updated: April 25, 2024 20:49 EDT | 3 min read As BlackRock’s 71-day ETF inflow streak comes to an end, the Bitcoin market faces new uncertainties. Despite a modest increase to $64,165, Bitcoin’s trading dynamics hint at potential volatility. This update provides a Bitcoin price prediction in light of recent financial shifts.BlackRock’s IBIT ETF Sees First Investment Drop, as Bitcoin Fund Inflows CoolBlackRock’s IBIT, a spot bitcoin ETF trading on Nasdaq, experienced a noticeable decline in popularity, according to preliminary data from Farside Investors.For the first time since its launch on January 11, IBIT failed to attract any new investments,…

The relentless hard work has finally paid off, leading to a highly successful debut in the market. BlackCard Credit Card is introducing the BcCoinToken. The AI technology enables you to effortlessly spend your cryptocurrency anywhere traditional debit cards are accepted. Say goodbye to limitations and embrace the freedom to use your digital assets for daily purchases, online shopping, and ATM withdrawals.  With the BlackCard Crypto Credit Card you can enjoy the convenience of converting your cryptocurrencies into local currency at every checkout, No more hassle with complex transactions or conversions – just pure convenience at your fingertips. In addition to  global…

Last updated: April 25, 2024 20:09 EDT | 2 min read The United States Securities and Exchange Commission (SEC) initiated a new phase of discussions on April 24 regarding a proposed rule alteration for the trading of options on Bitcoin exchange-traded funds (ETFs) while also inviting public input on the matter.Multiple exchanges are looking to trade options on the newly approved spot bitcoin ETFs, though they have been met with delays. SEC Initiates Review of Bitcoin Options Trading Impact, Seeks Public FeedbackAs outlined in the filing, the SEC will investigate the potential impacts of introducing Bitcoin options trading on the broader market,…

Last updated: April 25, 2024 17:00 EDT | 2 min read Cardano Blockchain founder Charles Hoskinson reminded the cryptocurrency community of digital currencies’ true purpose and ethos in a sentimental April 25 X post . He emphasized that their use case extends far beyond trading.Hoskinson drove his point home with a powerful quote from the 1938 song “I Don’t Want to Set the World on Fire” by Bennie Benjamin, Eddie Durham, Sol Marcus, and Eddie Seiler, which he related to the essence of cryptocurrency.Crypto’s True North: Charles Hoskinson and Buterin Unite on Liberty and Decentralization“Remember, crypto doesn’t want to set…