One of the biggest stories in crypto right is the news that the Financial Crimes Enforcement Network (FinCEN) branch of the U.S. Treasury is working on cracking down on self-hosted wallets in crypto. A document that outlines the proposed rule suggests that exchanges and other virtual asset service providers will need to verify the name…
The Bitcoin bull market is here, the asset is trading at nearly $30,000, and an awful year just came to a close – investors are in their right to be celebrating and having a little bit of fun with their profits. But one altcoin that recently was sent skyrocketing immediately was swatted back down, nearly…
Tether is the cryptocurrency industry’s biggest threat in 2021, says a report penned by Messari’s Founder Ryan Selkins. The 134-page thesis ventured into the stablecoin’s emergence as a proxy for the US dollar that helps crypto traders getting in and out of their positions quickly on exchanges. It also focused on the controversy that tails…
XRP is suffering currently, even while Bitcoin trades well above its former all-time high. The reason for the altcoin’s struggles is due to the SEC slapping the coin’s parent company and its top executives with a lawsuit. The crypto community has been quick to point the finger to laugh, despite its dangerous implications for the…
Bitcoin has been explosive all of 2020, and while certain altcoins like Ethereum and a slew of DeFi tokens have outperformed the top cryptocurrency this year, altcoins overall have been a disappointment compared to past cycles. Those who lived through past cycles, expected altcoins to take off the moment Bitcoin surpassed its previous peak. But…
The news that the United States Securities and Exchange Commission had issued a lawsuit to XRP token parent company Ripple and its two top executives, sent shockwaves throughout the crypto industry. But its domino effect is only just starting, according to the analyst who ahead of time called the recent Coinbase “delisting” that sent XRP…
Bitcoin is in price discovery and each day sets a new all-time high. But despite the soaring prices well above the previous record, altcoins have barely moved in comparison. However, traditional finance will soon move profits and diversify, and when they do, one chartered financial analyst claims it’ll be into DeFi tokens, and not Ethereum…
Bitcoin in 2020 has finally attracted institutional investors with serious wealth and capital to throw around. And it is exactly why the leading cryptocurrency is trading well above its previous peak set in 2017. But why then, is one of the world’s most “wonderful” investors and TV show “shark” claiming that crypto is “not an…
In what has had an enormous ripple effect across the crypto industry, the SEC has filed a lawsuit that deems the XRP cryptocurrency token to be an unregistered security. Those on the defensive look to past instances of EOS and KIN as examples of tokens launched that barely got a slap on the wrist, paid…