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[ad_1] Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, believes that the U.S. Securities and Exchange Commission (SEC) neither has the resources nor the IQ points needed to correctly investigate crypto listings on Coinbase. Michael Burry on SEC Investigating Crypto Listings on Coinbase Famous investor and founder of investment firm Scion […]

[ad_1] Cardano (ADA) is one of the few digital assets that has managed to hold its own through the downtrend. The digital asset has garnered a healthy following of supporters and continues to grow in conditions where others are struggling. However, Cardano’s price is down significantly from its all-time high that it attained last year.

[ad_1] The Chairman of the United States Commodity Futures Trading Commission (CFTC) has revealed that the commission is more than ready to commit to regulatory oversight of the digital currency ecosystem as the industry evolves.  Rostin Behnam re-emphasized this commitment while giving a keynote address at the Brookings Institution Webcast on The Future of Crypto

[ad_1] The United States Federal Trade Commission, or FTC, has filed a lawsuit against Meta and CEO Mark Zuckerberg in an attempt to stop the social media giant from “its ultimate goal of owning the entire ‘metaverse’.” In a complaint filed in the Northern District of California on Wednesday, the FTC alleged Meta’s and Zuckerberg’s

[ad_1] Key Takeaways The Federal Reserve has hiked interest rates by another 75 basis points. The rate hike comes after the Consumer Price Index revealed that inflation had hit a fresh 40-year high of 9.1% in June. The Fed’s repeated rate hikes are prompting concerns that the country may be heading into a recession. Share

[ad_1] Russia could be a large player in the crypto mining space, experts in the field have established in research naming the most attractive regions for coin minting operations in the country. The capital Moscow is among the popular mining destinations alongside the places offering the cheapest power. Cost of Electricity, Logistics Determine Russian Miners’

[ad_1] Over the past 24 hours, the market has seen gains. Ethereum, increased by 8.13% while the market king, Bitcoin, has increased by 3.25%. The performance of the remaining top cryptocurrencies has been comparable to that of the two majors. With a price range of $1,362.95 to $1,602.61, ETH/USD has experienced significant volatility over the

[ad_1] Nubank, the largest Brazilian digital bank by market value, announced on Tuesday that it had reached 1 million users on its cryptocurrency trading platform just one month after launching in June. The firm had projected to reach the milestone within a year after launching Nucripto in May and making it available to the crypto

[ad_1] Bitcoin (BTC) rose sharply on Wednesday to break above $22,000 as risk appetite resurfaced following the US Federal Reserve’s move to raise interest rates by 75 basis points. BTC was trading around $22,575 at 15:20 pm ET on Wednesday, up nearly 10% in the past 24 hours.  Of these gains, about 5% came on

[ad_1] Key Takeaways Tobias Adrian, a director at the International Money Fund (IMF), says that certain fiat-backed stablecoins could fail. He warned today that some fiat-backed stablecoins, such as Tether, are not fully backed or are backed by risky assets. However, he also noted that stablecoins that are fully backed by cash are less vulnerable