Skip to content
December 11, 2023
  • Sign up / Login
  • Subscribe
AllCrypto

AllCrypto

News for Crypto World – AllCrypto.biz portal, your one-stop destination for the latest news, analysis, and insights from the world of cryptocurrency.

  • Home
  • MarketsThis Month
  • CryptoLast 7 Days
  • NFT

Popular News

1

Bitcoin price rally to $42K driven by spot volumes, not BTC futures liquidations

  • Markets
2

Bitcoin breaks $41K as gold price reaches new all-time high

  • Markets
3

BTC price nears $40K as as Bitcoin trader eyes return to all-time high

  • Markets
4

Lawmakers’ fear and doubt drives proposed crypto regulations in US

  • Markets
5

‘Early bull market’ — Bitcoin price preps 1st ever weekly golden cross

  • Markets
6

Expect ‘records broken’ by Bitcoin ETF: Brett Harrison (ex-FTX US), X Hall of Flame

  • Markets
7

Real AI use cases in crypto, No. 3: Smart contract audits & cybersecurity

  • Markets
8

Bitcoin price hits $39K as Powell stirs bets Fed rate hikes are over

  • Markets
9

Bitcoin metric that ‘looks into future’ eyes $48K BTC price around ETF

  • Markets
10

CME Bitcoin futures show investors betting on $40K BTC price

  • Markets
11

Bitcoin struggles to flip $38K to support, while UNI, IMX, VET and ALGO aim to push higher

  • Markets
12

Another $18.9M Hong Kong exchange scandal, HTX ‘sorry’ airdrop: Asia Express

  • Markets
13

Bitcoin ETF will drive 165% BTC price gain in 2024 — Standard Chartered

  • Markets
14

Real AI use cases in crypto, No. 1: The best money for AI is crypto

  • Markets
15

Michael Saylor’s a fan, but Frisby says bull run needs a new guru: X Hall of Flame

  • Markets
16

6 Questions for Alex O’Donnell about financial journalism and the future of DeFi

  • Markets
17

I spent a week working in VR. It was mostly terrible, however…

  • Markets
18

Sam Bankman-Fried convicted, PayPal faces SEC subpoena, and other news: Hodler’s Digest, Oct. 19 – Nov. 4

  • Markets
19

Train AI models to sell as NFTs, LLMs are Large Lying Machines: AI Eye

  • Markets
20

Take Bitcoin profits at $110K, CME tops Binance in BTC futures open interest: Hodler’s Digest, Nov. 5-11 

  • Markets
21

5,050 Bitcoin for $5 in 2009: Helsinki’s claim to crypto fame

  • Markets
22

Big Questions: What did Satoshi Nakamoto think about ZK-proofs?

  • Markets
23

Bitmain’s revenge, Hong Kong’s crypto rollercoaster: Asia Express

  • Markets
24

Slumdog billionaire 2: ‘Top 10… brings no satisfaction’ says Polygon’s Sandeep Nailwal

  • Markets
25

Simp DAO queen Irene Zhao on why good memes are harder than trading: X Hall of Flame

  • Markets
26

$308M crypto laundering scheme busted, Hashkey token, Hong Kong CBDC: Asia Express

  • Markets
27

Eleanor Terrett on impersonators and a better crypto industry: Hall of Flame

  • Markets
28

3AC fugitives in disarray as OPNX faces new peril: Asia Express

  • Markets
29

Ethereum restaking: Blockchain innovation or dangerous house of cards?

  • Markets
30

6 Questions for Adelle Nazarian on crypto, journalism and the future of Bitcoin

  • Markets
31

Digital artist OSF gives fans a pledge of ‘art until I die’: NFT Creator

  • Markets
32

Caroline Ellison speaks on FTX-Binance war, SEC won’t appeal Grayscale BTC ETF: Hodler’s Digest, Oct. 8-14

  • Markets
33

SBF trial underway, Mashinsky trial set, Binance’s market share shrinks: Hodler’s Digest, Oct. 1-7

  • Markets
34

Pioneering generative artist propelled by personal tragedy — Matt Kane, NFT Creator 

  • Markets
35

China dev fined 3 yrs’ salary for VPN use, 10M e-CNY airdrop: Asia Express

  • Markets
36

Ether futures ETFs launching, SBF trial to begin and 3AC’s Su Zhu arrested: Hodler’s Digest, Sept. 24-30

  • Markets
37

Singer Vérité’s fan-first approach to Web3, music NFTs and community building

  • Markets
38

Crypto lawyer Irina Heaver on death threats, lawsuit predictions: Hall of Flame

  • Markets
39

6 Questions for Leila Ismailova: Digital fashion and life after Artisant

  • Markets
40

Why is Ether (ETH) price up today?

  • Markets
41

Binance’s exec exodus, Nasdaq to trade AI orders and SBF loses bail appeal: Hodler’s Digest, Sept. 3-9

  • Markets
42

How to protect your crypto in a volatile market: Bitcoin OGs and experts weigh in

  • Markets
43

Tencent’s AI leviathan, $83M scam busted, China’s influencer ban: Asia Express

  • Markets
44

SEC delays BTC ETF decision, Grayscale triumphs over SEC and BitBoy gets the boot: Hodler’s Digest, Aug. 27 – Sept. 2

  • Markets
45

Big Questions: What’s with all the crypto deaths? 

  • Markets
46

AI Eye: Get better results being nice to ChatGPT, AI fake child porn debate, Amazon’s AI reviews

  • Markets
47

SEC seeks appeal over Ripple, crypto prices plunge and EU debuts Bitcoin ETF: Hodler’s Digest, Aug. 13-19

  • Markets
48

GTA owner joins Web3, Bitcoin casino, Sunflower Land review: Web3 Gamer

  • Markets
49

Sam Bankman-Fried’s life in jail, Tornado Cash’s turmoil, and a $3B BTC whale: Hodler’s Digest, Aug. 20-26

  • Markets
50

NFT Collector: Giant Swan’s gothic VR dreamscapes… royalty nightmare on OpenSea

  • Markets
51

Crypto Banter’s Ran Neuner says Ripple is ‘despicable,’ tips hat to ZachXBT: Hall of Flame

  • Markets
52

Web3 Gamer: Zuckerberg’s metaverse losses, NFT game on Discord, Gods Unchained hot take

  • Markets
53

Web3 Gamer: Crypto games need viral moment, Nitro Nation review, Axie’s project Greenlight

  • Markets
54

Real reason for China’s war on crypto, 3AC judge’s embarrassing mistake: Asia Express

  • Markets
55

Should we ban ransomware payments? It’s an attractive but dangerous idea

  • Markets
56

Journeys: Hervé Larren on Bitcoin, Apes and the psychology of ‘blue-chip’ NFTs

  • Markets
57

SBF ordered to jail, Bitcoin ETF delayed and SEC to appeal Ripple case: Hodler’s Digest, Aug. 6-12

  • Markets
58

AI Eye: Apple developing pocket AI, deep fake music deal, hypnotizing GPT-4

  • Markets
59

Grails’ lucky dip of famous NFT artists, new hope for PFP holders: NFT Collector

  • Markets
60

NFT Collector: On-chain music sounds off with latest raise, artistic duo Hackatao find their lane 

  • Markets
61

Girl Gone Crypto thinks ‘BREAKING’ crypto news tweets are boring: Hall of Flame

  • Markets
62

Why is Dogecoin price up today?

  • Markets
63

BTC traders brace for $30K loss — 5 things to know in Bitcoin this week

  • Markets
64

Buying the dip? Record 3.8% of the Bitcoin supply last moved at $30.2K

  • Markets
65

Can XRP price hit $1? Watch these levels next

  • Markets
66

Cardano price turns bullish, but is there substance to the ADA rally?

  • Markets
67

Solana price hits a 2023 high, but do strong fundamentals back the SOL rally?

  • Markets
68

SEC reviews Ripple ruling, US bill seeks control over DeFi, and more: Hodler’s Digest, July 16-22

  • Markets
69

BNB’s soaring futures open interest and regulatory woes weigh on the altcoin’s price

  • Markets
70

Web3 Gamer: Earn Bitcoin in Minecraft, BGA’s 50/50 gender split, Oath of Peak hot take

  • Markets
71

Bitcoin price is ‘stuck’ at $30K — Here are 3 reasons why

  • Markets
72

AI Eye: AI’s trained on AI content go MAD, is Threads a loss leader for AI data?

  • Markets
73

Bitcoin ‘full breakout’ not here yet as BTC price spends month at $30K

  • Markets
74

Bitcoin price rallies to $31.8K, but derivatives data highlights BTC bears’ advantage

  • Markets
75

XRP is not a security, Celsius CEO arrested on criminal charges, and more: Hodler’s Digest, July 9-15

  • Markets
76

Experts want to give AI human ‘souls’ so they don’t kill us all

  • Markets
77

Why is Polygon (MATIC) price up today?

  • Markets
78

CPI meets low BTC supply — 5 things to know in Bitcoin this week

  • Markets
79

4 reasons why the Ether price can’t break $1,970

  • Markets
80

Why is Litecoin’s price down today?

  • Markets
81

Bitcoin mining stocks outperform BTC in 2023, but on-chain data points to a potential stall

  • Markets
82

BTC price remains ‘undoubtedly bullish’ as $30K Bitcoin buyers emerge

  • Markets
83

Bitcoin analyst flags $32.5K launchpad zone for BTC price

  • Markets
84

HK crypto ETFs on fire, Binance warns on Maverick FOMO, Poly hack: Asia Express

  • Markets
85

Can Bitcoin repeat a 2017-like rally as dollar correlation reverses?

  • Markets
86

Bitcoin hits new yearly highs as BTC price rebounds to $31.5K

  • Markets
87

Bitcoin traders hope to ‘buy the dip’ as BTC price heads toward $30K

  • Markets
88

BTC price metric warns that Bitcoin speculators may sell past $33K

  • Markets
89

LTC, XMR, AAVE and MKR turn bullish as Bitcoin stalls under $31K

  • Markets
90

Bitcoin options: How will Friday’s $4.7B expiry impact BTC price?

  • Markets
91

Here’s what happened in crypto today

  • Markets
92

SEC calls ETF filings inadequate, Binance loses euro partner and other news: Hodler’s Digest, June 25 – July 1

  • Markets
93

Ethereum price won’t see $2K anytime soon, market data suggests

  • Markets
94

Bitcoin ‘overreacting’ as SEC returns ETF filings, BTC price dives 6%

  • Markets
95

Bitcoin price briefly clears $31K as monthly, quarterly close nears

  • Markets
96

Bitcoin bulls grill $31K as Fidelity ETF move fuels BTC price strength

  • Markets
97

Bitcoin surfs $30K as traders hope US trading will boost BTC price

  • Markets
98

Peter McCormack’s Twitter regrets: ‘I can feel myself being a dick’ — Hall of Flame

  • Markets
99

Bitcoin and correlations — Examining the relationship between BTC, gold and the Nasdaq

  • Markets
100

Bitcoin traders eye $28K retracement as BTC price retains 20% gains

  • Markets
101

Crypto City guide to Sydney: More than just a ‘token’ bridge

  • Markets
102

Bitcoin 2023 in Miami comes to grips with ‘shitcoins on Bitcoin’

  • Markets
103

Bitcoin price taps $30K for first time since April

  • Markets
104

Bitcoin bulls look to re-establish control — Will BNB, LTC, OKB and QNT follow?

  • Markets
105

Ethereum network upgrade and uptick in Arbitrum active users could trigger an ARB price reversal

  • Markets
106

Grayscale Bitcoin Trust nears 2023 highs on BlackRock ETF filing as buyers step up

  • Markets
107

4 things that can spark the next Bitcoin bull cycle

  • Markets
108

Why is Cardano price down today?

  • Markets
109

Korean crypto contagion, Bank of China on Ethereum, HK’s exchange red carpet: Asia Express

  • Markets
110

‘Holy shit, I’ve seen that!’ — Coldie’s Snoop Dogg, Vitalik and McAfee NFTs: NFT Creator

  • Markets
111

Gary Gensler’s job at risk, BlackRock’s first spot Bitcoin ETF and other news: Hodler’s Digest, June 11-17

  • Markets
112

Curve’s (CRV) price hits a 1-year low amid looming liquidation threat

  • Markets
113

Why is the BNB price up today?

  • Markets
114

Bitcoin price eases downside as traders demand $24.5K support holds

  • Markets
115

Bitcoin on-chain data shows miners offloading BTC as revenues shrink

  • Markets
116

AI Eye: Is AI a nuke-level threat? Why AI fields all advance at once, dumb pic puns

  • Markets
117

Fed pauses interest rates, but Bitcoin options data still points to BTC price downside

  • Markets
118

Bitcoin stays flat at $26K after PPL data as markets await Fed’s Powell

  • Markets
119

‘Pick your targets’ — Bitcoin analyst believes Fed will favor bulls

  • Markets
120

Opinion: GOP crypto maxis almost as bad as Dems’ ‘anti-crypto army’

  • Markets
121

Bitcoin price can gain 60% if ‘textbook’ chart pattern confirms — Trader

  • Markets
122

Bitcoin gets closer to ‘51% attack’ on altcoin market

  • Markets
123

BTC price focuses on $26K as Bitcoin traders brace for CPI volatility

  • Markets
124

Binance humiliated, HK needs 100K crypto workers, China’s AI unicorn: Asia Express

  • Markets
125

Bitcoin price bounces past $26K as Coinbase news fails to shake bulls

  • Markets
126

Bitcoin OG keeps faith in bull market as BTC price bounces 8%

  • Markets
127

Real-world asset protocols outperform DeFi blue chips due to tokenization wave

  • Markets
128

Bitcoin ‘big move’ due in July after March $30K push — Latest analysis

  • Markets
129

What asset freeze? Binance BTC outflows muted as users shun panic selling

  • Markets
130

‘$31K was not the end’ — 5 things to know in Bitcoin this week

  • Markets
131

Bitcoin price chart flashes a bullish sign that could lead to breakouts in ADA, QNT, RNDR and RPL

  • Markets
132

Arbitrum price soars after DeFi whale address resumes ARB accumulation

  • Markets
133

Why is Litecoin price up today?

  • Markets
134

Bitcoin on-chain and options data hint at a decisive move in BTC price

  • Markets
135

Bitcoin wicks down to $26.5K, but trader eyes chance for ‘bullish surprise’

  • Markets
136

Bitcoin reclaims $28K, and charts suggest ARB, XRP, EOS and AAVE could follow

  • Markets
137

Bitcoin erodes 4% gains as BTC price downside targets stretch to $23K

  • Markets
138

Last BTC price dip before a $30K breakout? Bitcoin wipes weekend gains

  • Markets
139

Mining difficulty passes 50 trillion — 5 things to know in Bitcoin this week

  • Markets
140

Bitcoin played second fiddle as KAVA, XRP, TRX, RPL and RNDR led the crypto market in May

  • Markets
141

Bitcoin price rejects at $28K as analysts eye CME futures gap dip

  • Markets
142

Synthetix (SNX) trading volume overtakes GMX, but is the DEX token rally sustainable?

  • Markets
143

Bitcoin nears $27K despite ‘hot’ PCE data sparking June rate hike bets

  • Markets
144

Bitcoin ‘buys the rumor’ on US debt ceiling as BTC price nears $27.5K

  • Markets
145

2 more rate hikes? Bitcoin analyst counts down to ‘huge’ volatility

  • Markets
146

Bitcoin dips 5% to key support in ‘moment of truth’ for crypto market

  • Markets
147

Ethereum is ‘woefully undervalued’ but growing more powerful: DeFi Dad, Hall of Flame

  • Markets
148

Longing for liquidity — 5 things to know in Bitcoin this week

  • Markets
149

These 4 altcoins could be ready for an up-move if Bitcoin rallies above $27,500

  • Markets
150

$160K at next halving? Model counts down to new Bitcoin all-time high

  • Markets
151

Bitcoin price capitulation below $26K possible as Friday’s BTC options expiry looms

  • Markets
152

Bitcoin flips volatile at $27K as Fed’s Powell teases end to rate hikes

  • Markets
153

Ordinals turned Bitcoin into a worse version of Ethereum: Can we fix it?

  • Markets
154

How much is Bitcoin worth today?

  • Markets
155

Sink or swim at $27K? 5 things to know in Bitcoin this week

  • Markets
156

Bitcoin price retests key support as Fed rate hike fears steal $27K

  • Markets
157

‘One of the greatest’ Bitcoin metrics says BTC price bull run is here

  • Markets
158

Bitcoin offers ‘good signs’ as analysts retain $40K BTC price target

  • Markets
159

3 reasons why Ethereum price could struggle at the $1.9K level

  • Markets
160

BTC price bounces at $25.8K lows amid warning over low whale interest

  • Markets
161

Bitcoin price hits $27.2K, but new analysis warns more losses ‘likely’

  • Markets
162

‘Don’t short when it’s dark green’ — How to trade the 2024 Bitcoin halving

  • Markets
163

The Ethereum Foundation just sold $30M in Ether — But will ETH price fall this time?

  • Markets
164

Coinbase screws up, Florida bans CBDCs, and Ordinals face controversy: Hodler’s Digest, May 7-13

  • Markets
165

BTC price risks $27K loss as Bitcoin trend lines brew ‘bullish cross’

  • Markets
166

Bitcoin bears need BTC price to go below $27K ahead of Friday's $900M options expiry

  • Markets
167

Ethereum derivatives flirting with bearishness: Mind the $1,820 support

  • Markets
168

Alameda’s $38B IRS bill, Do Kwon kicked in the assets, Milady frenzy: Asia Express

  • Markets
169

Joe Lubin: The truth about ETH founders split and ‘Crypto Google’

  • Markets
170

Does Bitcoin price risk losing $28K with BTC futures premium at 2-month lows?

  • Markets
171

3 signs PEPE token is about to trap bulls after 2,000% price rally

  • Markets
172

Bitcoin miners have earned $50B from BTC block rewards, fees since 2010

  • Markets
173

Bitcoin eyes liquidity above $30K as gold hits new all-time high

  • Markets
174

Bitcoin trader eyes $63K BTC price for new Bollinger Bands ‘breakout’

  • Markets
175

Ethereum price outlook weakens, but ETH derivatives suggest $1.6K is unlikely

  • Markets
176

Bitcoin limps into FOMC as flagging volume adds to BTC price hurdles

  • Markets
177

Bitcoin drops with stocks as analyst warns of banking crisis ‘endgame’

  • Markets
178

BTC price may need a $24.4K dip as Bitcoin speculators stay in profit

  • Markets
179

Bitcoin sell-off next? Binance BTC balance shoots up $1.5B in 1 month

  • Markets
180

Bitcoin miners earned $50B from BTC block rewards, fees since 2010

  • Markets
181

Will $28K Bitcoin price hold? Two indicators remain solid despite 5% pullback

  • Markets
182

China’s wave of ChatGPT rivals, Alibaba goes multichain: Asia Express

  • Markets
183

‘Good luck bears’ — Bitcoin traders closely watch April close with BTC price at $29K

  • Markets
184

Shirtless shitposting and hunting SBF on the meme streets: Gabriel Haines, Hall of Flame

  • Markets
185

Got liquidated with Bitcoin futures? Get 3.5x leverage using this options strategy

  • Markets
186

Bitcoin ignores US jobs data as BTC price dip puts $28K support at risk

  • Markets
187

Whatever happened to EOS? Community shoots for unlikely comeback

  • Markets
188

Dogecoin soared 23,000% in 2021 — Is history starting to repeat for DOGE price?

  • Markets
189

Bitcoin price struggles to hold above $30K amid regulatory uncertainty

  • Markets
190

Ether price struggles to maintain support as regulatory challenges and network issues weigh

  • Markets
191

Bitcoin price can ‘easily’ hit $20K in next 4 months — Philip Swift

  • Markets
192

Bitcoin price holding $27K could open buying opportunities in BNB, ADA, XMR and TON

  • Markets
193

Ethereum price lower highs vs. Bitcoin hint at more downside in April

  • Markets
194

Dogecoin price limps below a key support after Dogeday turns into a sell-the-news event

  • Markets
195

BTC price dives 3% in minutes as ‘deep correction’ grips crypto market

  • Markets
196

Bitcoin at key point with BTC price at $28.8K — Bollinger Bands creator

  • Markets
197

From SNL and The Tonight Show to Sotheby’s:  NFT Creator Bryan Brinkman

  • Markets
198

Bitcoin on-chain data highlights the steps BTC is taking to exit the bear market

  • Markets
199

Ethereum on-chain data forecasts the withdrawal of 1.4M ETH over the next few days

  • Markets
200

Bitcoin price spikes above $31K as Ethereum gains spark ‘altseason’ calls

  • Markets
201

Can Ethereum crack $2K? ETH price inches closer despite new unlocked supply

  • Markets
202

What Bitcoin bear market? BTC price closely copying old halving cycles

  • Markets
203

Ronin (RON) bags a 500% gain as the gaming-focused project approaches a major upgrade

  • Markets
204

3 signs Arbitrum price is poised for a new record high in Q2

  • Markets
205

Bitcoin derivatives data shows bulls positioning for further BTC price upside

  • Markets
206

Bitcoin glory on Chinese TikTok, 30M mainland users, Justin Sun saga: Asia Express

  • Markets
207

BTC price targets see $33K next as Bitcoin eyes key resistance flip

  • Markets
208

Ethereum price metrics hint that ETH might not sell-off after the Shapella hard fork

  • Markets
209

Bitcoin price sets up for an explosive move as ADA, XLM, AAVE and CFX turn bullish

  • Markets
210

‘Pop or drop?’ Bitcoin analysts decide if BTC price will beat $30K

  • Markets
211

Bitcoin whales push ‘choreographed’ BTC price as Ether nears $2K

  • Markets
212

NFT Creator, The Sarah Show: Analog childhood meets dizzying digital future

  • Markets
213

Bitcoin rests at $28K as US jobs data boosts new Fed rate hike bets

  • Markets
214

BTC white paper hidden on macOS, Binance loses AUS license and DOGE news: Hodler’s Digest, April 2-8

  • Markets
215

XRP price eyes 30% upside after key resistance area breaks

  • Markets
216

3 key Ethereum price metrics cast doubt on the strength of ETH’s recent rally

  • Markets
217

Bitcoin traders expect ‘big move’ next as BTC price flatlines at $28K

  • Markets
218

Bitcoin ‘faces headwinds’ as US money supply drops most since 1950s

  • Markets
219

Ethereum price turns bullish ahead of next week’s Shanghai and Capella upgrades

  • Markets
220

Arbitrum FUD spooks the market, but on-chain data shows whales accumulating ARB

  • Markets
221

Zhu Su’s exchange did $13.64 in volume akshually, Huobi in crisis: Asia Express

  • Markets
222

Crypto security audits and bug bounties are broken: Here’s how to fix them

  • Markets
223

Trader Joe joins top 5 DEX list as Liquidity Book model thrives on Arbitrum

  • Markets
224

Crypto market momentum stalls as traders await the results of recent regulatory actions

  • Markets
225

Bitcoin price turns $28K to support, opening the door for ETH, MATIC, HBAR and EOS to breakout

  • Markets
226

Binance-CFTC FUD puts BNB price at risk of dropping toward $200

  • Markets
227

XRP price: 'sell the news' moment nears after crypto-leading 20% weekly gain

  • Markets
228

XRP price tags 10-month high — Can a 35% pullback be avoided?

  • Markets
229

Solana overcomes FTX fiasco — SOL price gains 100% in Q1

  • Markets
230

Why did 12K Bitcoin margin longs close at Bitfinex, and why didn’t it impact BTC price?

  • Markets
231

Analysts debate the ETH price outcomes of Ethereum’s upcoming Shapella upgrade

  • Markets
232

Bitcoin price holds its ground in the wake of CFTC case against Binance

  • Markets
233

Bitcoin spikes above $29K as ‘fakeout’ fuels BTC price strength doubts

  • Markets
234

ARB price to $2? Ethereum L2 rival Arbitrum will double in April, fractal suggests

  • Markets
235

Elon Musk slams ‘heavy-handed’ Fed as ex-BitMEX CEO sees $1M BTC price

  • Markets
236

Crypto market rally stalls at the $1.2T level, but bulls are getting positioned

  • Markets
237

Bitcoin price will hit this key level before $30K, survey says

  • Markets
238

Why is Cardano price up today?

  • Markets
239

Bitcoin erases Fed losses as traders eye $40K BTC price target

  • Markets
240

Bitcoin is 1 week away from 'confirming' new bull market — analyst

  • Markets
241

Bitcoin liquidations vanish as trader hopes $30K will hit before dip

  • Markets
242

Ethereum faces 6-month lows versus Bitcoin — Will ETH price rebound?

  • Markets
243

Arbitrum’s ARB token signifies the start of airdrop season — Here are 5 to look out for

  • Markets
244

Bitcoin bulls remain bullish, but macro and crypto-specific hurdles have BTC pinned below $30K

  • Markets
245

Ethereum price at $1.4K was a bargain, and a rally toward $2K looks like the next step

  • Markets
246

Bitcoin rejects at $25K as US PPI data meets Credit Suisse meltdown

  • Markets
247

Speculators flock to Arbitrum IOU tokens ahead of this week’s ARB airdrop

  • Markets
248

Investors shelter in short-term Treasurys, reducing Bitcoin’s chance of rallying to $30K

  • Markets
249

Will the Fed stop rate hikes? 5 things to know in Bitcoin this week

  • Markets
250

Bitcoin levels to watch as BTC price eyes highest weekly close in 9 months

  • Markets
251

Bitcoin price hits $27K in new 9-month high as Fed injects $300B

  • Markets
252

Bitcoin market cap grows 60% in 2023 as top Wall Street banks lose $100B

  • Markets
253

Ethereum price reaches lowest level relative to Bitcoin in 5 months

  • Markets
254

Bitcoin dominance nears 50% as research hails ‘bullish’ narrative flip

  • Markets
255

4 signs the Bitcoin price rally could top out at $26K for now

  • Markets
256

Lark Davis on fighting social media storms, and why he’s an ETH bull: Hall of Flame

  • Markets
257

Why is Ethereum (ETH) price down today?

  • Markets
258

US bank bloodbath: Bitcoin hits $23.7K as BTC price analyst calls SVB dip ‘bear trap’

  • Markets
259

Dogecoin hits 4-month lows vs. Bitcoin — 50% DOGE price rebound now in play

  • Markets
260

Bitcoin price spikes to ‘$26K’ in USDC terms — How high can the BTC short squeeze go?

  • Markets
261

Fed starts ‘stealth QE’ — 5 things to know in Bitcoin this week

  • Markets
262

Why is XRP price up today?

  • Markets
263

Why is Ethereum (ETH) price up today?

  • Markets
264

Bitcoin battles $20K as trader calls bank chaos ‘2008 all over again’

  • Markets
265

Cathie Wood’s ARK ignores Silvergate, buys Coinbase stock for 6th straight month

  • Markets
266

Ethereum price action and derivatives data confirm bears are currently in control

  • Markets
267

$920B is the number to watch now that crypto’s trillion-dollar total market cap is gone

  • Markets
268

Warning sign for ETH price? Ethereum volume profile is down 90% since March 2020

  • Markets
269

Bitcoin keeps liquidating longs as BTC price action gives up $22K support

  • Markets
270

Bitcoin price levels to watch as trader says ‘lights out’ below $21.6K

  • Markets
271

Bitcoin price would retest $25K without Silvergate saga — analysis

  • Markets
272

Bitcoin price faces ‘last stand’ as weekly close threatens $22K retest

  • Markets
273

Ethereum eyes 25% correction in March, but ETH price bulls have a silver lining

  • Markets
274

Bitcoin price stumbles amid investors’ aversion to risk assets, but there is a silver lining

  • Markets
275

Ethereum price resistance at $1,750 could reflect traders’ anxiety over the Shanghai upgrade

  • Markets
276

Fears over Silvergate, $8B hole at FTX, senators seek Binance’s numbers: Hodler’s Digest, Feb. 26 – March 4

  • Markets
277

$3M OKX airdrop, 1-hour due diligence on 3AC, Binance AI — Asia Express

  • Markets
278

Bitcoin’s least volatile month ever? BTC price ends February up 0.03%

  • Markets
279

Bitcoin on-chain data highlights key similarities between the 2019 and 2023 BTC price rally

  • Markets
280

Bitcoin ‘millionaires’ increased 140% as BTC price crossed $20K — data

  • Markets
281

Here’s why STX, CFX, SSV, AGIX and GRT are the top performing assets in February

  • Markets
282

Bitcoin may only need 4 weeks to hit $30K as key monthly close looms

  • Markets
283

SBF’s new charges, Shapella’s fork date and emojis as financial advice: Hodler’s Digest, Feb. 19-25

  • Markets
284

THETA, LIDO, KLAY and EGLD flash bullish signs as Bitcoin recaptures $23K

  • Markets
285

Bitcoin price eyes $24K retest as US dollar dives into monthly close

  • Markets
286

BTC whale population shrinks to early 2020 levels — 5 things to know in Bitcoin this week

  • Markets
287

How Fantom and Optimism’s DeFi and DApp development directly affects FTM and OP price action

  • Markets
288

Bitcoin price tumbles to 10-day lows as ‘Notorious B.I.D.’ keeps support at $22.5K

  • Markets
289

Bitcoin price stays under $24K as PCE data helps US dollar to near 7-week highs

  • Markets
290

Bitcoin regains $25K amid hope record China easing will boost BTC price

  • Markets
291

Why is Bitcoin price down today?

  • Markets
292

Ethereum derivatives data suggests $1,700 might not remain a resistance level for long

  • Markets
293

Bitcoin sees fresh $25K rejection as pre-Wall Street volatility returns

  • Markets
294

'Stupid money' Ether investor loses over $2M in six months — 3 lessons to learn

  • Markets
295

Bitcoin price continues to fall, but derivatives data hints at a short-term rally to $25K

  • Markets
296

Bitcoin bears attempt to pin BTC price under $23K ahead of this month’s options expiry

  • Markets
297

A ‘snap back’ to $20K? 5 things to know in Bitcoin this week

  • Markets
298

Bitcoin must leverage $1T central bank liquidity to beat sellers — Research

  • Markets
299

Bitcoin can hit $40K before BTC price sees ‘harsh correction’ — Analyst

  • Markets
300

Bitcoin Lightning Network growth is organic, coming from real-world adoption

  • Markets
301

Bitcoin bulls aim to hold this week’s BTC gains leading into Friday’s $675M options expiry

  • Markets
302

Bitcoin metric prints ‘mother of all BTC bullish signals’ for 4th time ever

  • Markets
303

China’s only public blockchain, Conflux, sees CFX price skyrocket 1,300% in 2023

  • Markets
304

Polygon ecosystem development and upcoming zkEVM launch add to MATIC’s bullish momentum

  • Markets
305

BTC price cools on latest US data as Bitcoin liquidates $80M in shorts

  • Markets
306

Bitcoin levels to watch as BTC price rejects at key $25K trendline

  • Markets
307

First weekly death cross ever — 5 things to know in Bitcoin this week

  • Markets
308

Bitcoin eyeing ‘next big move’ which could see $19K retest — analyst

  • Markets
309

ApeCoin leads in NFT and metaverse market share, but are APE’s hefty staking rewards sustainable?

  • Markets
310

Bitcoin flirts with bid liquidity as BTC price nears new 3-week lows

  • Markets
311

Ethereum price prints ‘death cross’ after losing 13% versus Bitcoin from 2023 peak

  • Markets
312

Bitcoin price derivatives look a bit overheated, but data suggests bears are outnumbered

  • Markets
313

Bitcoin price rally to $25K followed by total crypto market cap retest of the $1.13T resistance

  • Markets
314

NFT marketplace tokens soar in 2023, and Blurs recent airdrop may extend the trend

  • Markets
315

Bitcoin price targets range from $19K to $25K as CPI day dawns

  • Markets
316

Bitcoin bulls aim to hold this weeks BTC gains leading into Fridays $675M options expiry

  • Markets
317

Tether market cap nears $70B as SEC crypto crackdown hurts stablecoin rivals

  • Markets
318

MATIC, HBAR, LDO and BIT gather strength as Bitcoin price rebounds

  • Markets
319

Bitcoiner Simon Dixon on bankruptcies and Elon Musk: Hall of Flame

  • Markets
320

3 reasons why Binances BNB token risks sliding further by March

  • Markets
321

Ethereum on-chain data suggests ETH sell pressure could be a non-event after the Shanghai upgrade

  • Markets
322

SEC enforcement action creates a silver lining for GMX, Lido (LDO) and Maker (MKR) price

  • Markets
323

Ethereums $1.5K support weakens as ETH traders turn slightly bearish

  • Markets
324

Bitcoin price eyes $22K rebound with BTC market structure not yet broken

  • Markets
325

Bitcoin price clings to $22K as investors digest the recent SEC actions and CPI report

  • Markets
326

Why is Bitcoin price up today?

  • Markets
327

Krakens staking down, FTX post-bankruptcy hell and Binance news: Hodlers Digest, Feb. 5-11

  • Markets
  • Crypto

Crypto regulation: Does SEC Chair Gary Gensler have the final say?

8 months ago25 mins

In a February interview with New York Magazine, Gary Gensler, chairman of the United States Securities and Exchange Commission, said that just about every crypto transaction, with the exception of Bitcoin spot transactions and buying or selling things with cryptocurrency, falls within the jurisdiction of the SEC. 

In the interview, when discussing what types of crypto transactions should be regulated as securities, Gensler didn’t mince words. “Everything other than Bitcoin. You can find a website, you can find a group of entrepreneurs, they might set up their legal entities in a tax haven offshore, they might have a foundation, they might lawyer it up to try to arbitrage and make it hard jurisdictionally or so forth,” Gensler said. 

Gensler continued, “They might drop their tokens overseas at first and contend or pretend that it’s going to take six months before they come back to the U.S., but at the core, these tokens are securities because there’s a group in the middle and the public is anticipating profits based on that group.” 

Gensler contends that the SEC’s jurisdiction over most cryptocurrencies is based on a 1946 Supreme Court ruling in the case SEC v. W.J. Howey Co. According to Investopedia, the W.J. Howey Co. sold citrus groves to Florida buyers. Those buyers would lease the groves back to the company. The company cultivated the trees and sold the oranges on behalf of the Florida buyers. Both would share in the profits. W.J. Howey Co. subsequently failed to register with the SEC, arguing that its transactions were not investment contracts. 

Midwinter scene, Traveling through an orange grove
(State Library and Archives of Florida, Public domain, via Wikimedia Commons)

W.J. Howey Co. lost the case when the court ruled that the leaseback arrangements were investment contracts, thus establishing the Howey test wherein four criteria are used to determine whether something constitutes an investment contract: An investment of money, in a common enterprise, with the expectation of profit, to be derived from the efforts of others.

Is Gensler right that most cryptocurrencies meet the Howey test?

Mark Bini, an attorney at Reed Smith, says “no.” Bini is a former state and federal prosecutor who now represents corporations and individuals facing civil and criminal charges of crypto fraud, securities fraud and other crimes.

“I think that the Howey test is not clear, and using this 1946 case about orange groves to decide whether a crypto is a security or not […] I’m not sure that they don’t need to update that,” Bini says. He also finds it surprising that a stablecoin pegged to the U.S. dollar might qualify as a security under the rule since there is no expectation of profit. 

Bini asks, “Would Chairman Gensler say, if the United States launched a digital currency, as they’ve at least thought about doing, let’s say that there was a crypto that was a pure digital dollar, would that be a security?”

Official portrait of SEC Chairman Gary Gensler
Official portrait of SEC Chairman Gary Gensler. (SEC)

Congresspeople Jesús García and Stephen Lynch agree with Gensler. In a recent opinion piece for The Hill, they argue that participants in the crypto ecosystem must “come into compliance with existing securities laws.” 

The lawmakers wrote, “According to the SEC Chair Gary Gensler and recent court decisions, the vast majority of crypto assets are securities because they meet the Howey Test […] An investment contract exists when money is invested in a common enterprise with the expectation of profit resulting from the work of others. We agree with Chair Gensler that nothing about the crypto markets is incompatible with the securities laws.”

With all the media coverage of Gensler’s recent statements, many in the crypto community might think that this is a new position for Gensler. Kevin Werbach, a professor at the University of Pennsylvania who leads the Wharton Blockchain and Digital Asset Project, tells Magazine otherwise. 

“Both Chair Gensler and his predecessor, Jay Clayton, have repeatedly stated that the vast majority of digital assets are issued and purchased primarily for investment purposes and should be treated as securities,” says Werbach. 

Werbach continues, “There are tens or hundreds of thousands of tokens out there — anyone can create one. The real issue relates to the projects that accumulated significant capital through the issuance of tokens. I think it’s fair to say that most of them would meet the Howey test in that issuance process […] But what does that mean today for ongoing trading and use of the tokens?” 

Read also


Art Week

Coldie And Citadel 6.15: The Creator, The Collector, The Curator


Features

The ethics of hiring cheap Filipino staff: Crypto in the Philippines Part 2

Is the SEC regulating by enforcement?

On July 21, the SEC charged Ishan Wahi, a former Coinbase product manager, with insider trading, in addition to Wahi’s brother Nikhil and his friend Sameer Ramani.

From June 2021 to April 2022, Wahi allegedly shared confidential Coinbase information with Nikhil and Ramani, including upcoming token listing announcements. Nikhil and Ramani subsequently purchased and sold 25 crypto assets, at least nine of which, the SEC alleges, were securities. Profits accumulated in the scheme exceeded $1.1 million. 

According to Bini, the crypto community has long claimed that the SEC has been regulating by enforcement, and in this case, the SEC determined what tokens were securities and subsequently charged the defendants with a crime based on those decisions.

On the same day that the SEC and the U.S. Department of Justice announced Wahi’s indictment, Commodity and Futures Trading Commissioner Caroline Pham released a statement lamenting SEC overreach. In her statement, Pham quoted the Federalist Papers, a document published over 200 years ago that focused on counterbalancing branches of government.

Pham also said, “The case SEC v. Wahi is a striking example of regulation by enforcement. The SEC complaint alleges that dozens of digital assets, including those that could be described as utility tokens and/or certain tokens relating to decentralized autonomous organizations (DAOs), are securities.” 

Regarding the commissioner’s statement, Bini comments, “Pham really said, ‘Hey, you’ve overstepped here because there has been no action by Congress.’” 

When asked if the SEC has been regulating through enforcement, as opposed to rulemaking, Werbach tells Magazine, “The securities laws are designed to be technology neutral, so there doesn’t necessarily have to be a rulemaking to determine how they apply to different situations involving digital assets. If the SEC did proceed with rulemaking — there are so many aspects to the digital asset world, and things change so quickly — that many decisions would need to be addressed through adjudication and enforcement.”

Werbach notes two challenges with the SEC’s enforcement strategy: “First, it’s sometimes hard to find consistency in the remedies and the choice of targets. Second, the agency has been reluctant to provide guidance, no action letters, or other paths to separate legitimate from non-compliant firms.” 

Although debate continues about the SEC’s approach to enforcement, there is no doubt that the agency has beefed up resources. In May 2022, the SEC announced that it had added 20 positions to its Crypto Assets Unit, a department responsible for investor protection and cyber-related threats. According to the statement, the unit is part of the Division of Enforcement and will grow to 50 positions. 

Today we announced that we’re bolstering the unit responsible for protecting investors in crypto markets & from cyber-related threats. The newly renamed Crypto Assets & Cyber Unit in the Division of Enforcement will grow to 50 dedicated positions.

— U.S. Securities and Exchange Commission (@SECGov) May 3, 2022

The SEC says the unit was established in 2017 and has brought more than 80 enforcement actions resulting in monetary relief exceeding $2 billion, and it will focus on investigating securities violations related to crypto asset offerings and exchanges, lending and staking protocols, decentralized finance platforms, nonfungible tokens and stablecoins.

Gensler believes that it’s all about protecting investors

When asked in his interview if a consumer-facing agency like the SEC is actively trying to discourage retail investors from participating in the crypto sector by delegitimizing crypto institutions, Gensler argued that his primary responsibility is investor protection. 

Gensler said, “I’m in a job where I’m supposed to be merit neutral in terms of what risk investors want to take, but not neutral towards the investor protection — the full, fair, and truthful disclosure you get when you’re investing in a security.”

Investors in the crypto markets are putting their assets at risk in a highly speculative asset class. Today, investors in these markets lack fundamental disclosures—about crypto assets, & about the firms who execute their trades.

Read last week’s @SEC_Investor_Ed alert:

— Gary Gensler (@GaryGensler) March 27, 2023

García and Lynch concurred, writing, “We agree with Chair Gensler that nothing about the crypto markets is incompatible with the securities laws and that investor protection is just as relevant, regardless of underlying technologies.” 

The two members of Congress take it a step further arguing that existing security laws would force cryptocurrency exchanges, like FTX and others that lack corporate controls, “into compliance” and would protect investors from “bad actors.” 

Bini thinks that the SEC does have a role when it comes to protecting investors, including those in the crypto space, it’s just that Gensler doesn’t have the authority to determine his own jurisdiction on the matter. “I understand the SEC’s mission is to protect investors. That’s a very important mission, no doubt about it […] I think the criticism by the crypto communities is [Gensler] cannot by his own fiat just decide his jurisdiction.”

As bad as Wall Street

Lynch and García argue that if crypto companies complied with existing securities laws, they wouldn’t be able to launder money, misuse customer funds, and engage in other nefarious behaviors. 

The lawmakers wrote, “​​The crypto industry is notorious for attempting to obscure the law by using the courts to challenge attempts at regulation and lobbying for regulatory carve outs that benefit them at the expense of everyday people.” 

García and Lynch cited a recent report from Reuters that alleges Binance, among other transgressions, lobbied the U.S. Department of Justice to try to sidestep enforcement. The CFTC recently sued the exchange’s CEO, Changpeng Zhao, for violations of the Commodity Exchange Act and CFTC regulations. 

Today @CFTCjohnson released a statement in support of the CFTC complaint alleging Binance, affiliated entities, and senior management violated the Commodity Exchange Act and evaded U.S. regulation. Read it here: https://t.co/oi5gTadbBs

— CFTC (@CFTC) March 27, 2023

Although they expand the argument beyond a defense of Gesler and the SEC’s actions, they point out that FTX and other crypto stakeholders have “replicated the worst tendencies of Wall Street and Big Tech,” have “recreated many elements of the 2008 financial crisis,” “have subjected investors to incredible volatility,” and have “preyed on consumers.” 

“Policymakers must protect our economy from bad actors by urging the crypto industry to comply with existing laws, invest in solutions that are truly innovative, and create a more inclusive financial system,” they wrote.

What about legislation?

Federal legislation would certainly create guardrails around the SEC and would help determine what federal agencies are tasked with regulating different types of cryptocurrencies. 

Werbach says, “There are some areas, such as the treatment of stablecoins, where there simply isn’t an appropriate existing federal framework, and there are important tax issues that will likely need legislative resolution. The CFTC needs greater legislative authority over spot markets in digital assets. With regard to securities regulation, the SEC could provide more guidance without legislation, but it has declined to do so.”

Bini believes that effective legislation, like a stablecoin bill currently pending in Congress, would make investors feel more confident. 

“It’s unfortunate that there hasn’t been a clear framework by the United States because I think it’s going to provide clarity to the industry. People who want to put money in crypto feel more confident if they feel like there’s a clear framework and that they’re being protected, whether it’s the SEC or the CFTC, or if Congress came up with some new agency that was going to oversee crypto,” says Bini.

Bini adds, “I don’t think that it’s up to him [Gensler] to decide where the SEC reaches in — that should be up to Congress.”

Read also


Features

Can blockchain solve its oracle problem?


Features

Australia’s world-leading crypto laws are at the crossroads: The inside story

Maybe the courts will decide

Since the Howey test, a precedent established by a court decision, is the current method of determining whether something is a security, is it possible that the courts could set a similar precedent for cryptocurrency?

According to Bini, the answer is maybe, perhaps out of the Ripple case that’s playing out in the Southern District of New York. Bini says “that in the absence of Congressional action, you could have a landmark case like this one appealed to the Second Circuit, and then the Supreme Court, and that may provide clarity.”

In December 2020, the SEC filed an action against Ripple Labs alleging that the company and two of its executives raised over $1.3 billion in an unregistered, ongoing securities offering. 

Ripple CEO Bradley Garlinghouse was also charged by the SEC. TechCrunch, CC BY 2.0
Ripple CEO Bradley Garlinghouse was also charged by the SEC. TechCrunch, CC BY 2.0. (Wikimedia Commons)

Last year, the judge in the Ripple case agreed to consider the fair notice defense, a protection derived from the Due Process Clause in the U.S. Constitution that guarantees a defendant be given fair notice of what constitutes an offense. 

The SEC unsuccessfully tried to quash the motion. Using the fair notice defense, Ripple Labs’ attorneys argued that the company couldn’t have known that Ripple’s XRP token should have been registered as a security with the SEC because the agency never provided adequate guidance about what cryptocurrencies actually qualify as such.

“The Second Circuit or the Supreme Court could endorse the SEC’s approach and note the continued vitality of Howey as applied to digital assets. Conversely, the Second Circuit and/or the Supreme Court could find for Ripple and reject the SEC’s approach. That could provide clarity in this area,” Bini says. 

Irrespective of how this plays out, Gensler’s macro overview of cryptocurrency is clear, and the question remains as to how it might affect his regulatory proclivities. In the interview, he said, “I don’t think there’s much economic use for a micro-currency, and we haven’t seen one in centuries. Most of these tokens will fail, because the question is about these economics. What’s the ‘there’ there?”

Subscribe

The most engaging reads in blockchain. Delivered once a
week.

Subscribe to Magazine by Cointelegraph Newsletter.

Mitch Eiven

Mitch is a writer who covers cryptocurrency, politics, the intersection between the two and a handful of other, unrelated topics. He believes that crypto is the future of finance and feels privileged that he has opportunities to report on it.

Tagged: chair crypto does final gary gensler? have regulation: say? SEC the

Post navigation

Previous: Bitcoin price spikes above $31K as Ethereum gains spark ‘altseason’ calls
Next: Binance users get new ETH deposit addresses: Here’s what to do

Related News

FTX to submit revised reorganization plan in mid-December

ad_crybiz5 hours ago 0

Can cryptocurrencies be frozen on a blockchain?

ad_crybiz21 hours ago 0

House committee passes bill to ‘preserve US leadership’ in blockchain

ad_crybiz1 day ago 0

Categories

  • Bitcoin
  • Crypto
  • Markets
  • NFT

Recent Posts

  • FTX to submit revised reorganization plan in mid-December
  • Bitcoin price rally to $42K driven by spot volumes, not BTC futures liquidations
  • Bitcoin HODL Waves: 2020 bull market buyers now control 16% of supply
  • Bitcoin price continues to drop, but how are pro BTC traders positioned?
  • Can cryptocurrencies be frozen on a blockchain?

Bitcoin Crypto Markets NFT

About Us

Welcome to our AllCrypto.biz portal, your one-stop destination for the latest news, analysis, and insights from the world of cryptocurrency. As the crypto industry continues to evolve at a breakneck pace, it can be challenging to keep up with the latest trends and developments.

Most Read

Crypto
FTX to submit revised reorganization plan in mid-December
The Official Committee of Unsecured Creditors has written a reply to the FTX 2.0 Customer Ad Hoc Committee, providing insights into the details of its proposed amended reorganization plan. Scheduled for mid-December, the plan is expected to reshape the fate of unsecured creditors. In the letter, recognizing differing perspectives on asset valuation and distribution, the...
AllCrypto.biz. All Rights Reserved 2023. Powered By AllCrypto.
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
  • About
  • Cookies Policy