Category: Cryptocurrency
Stay updated on daily cryptocurrency news
Tether to Fight Celsius’ $3.3 Billion ‘Shakedown’ Litigation
Tether, the company behind USDT, the world’s largest stablecoin by market cap, said it will…
Canto Blockchain Suffers Two-Day Outage Amid Consensus Issue
Layer-1 blockchain Canto has been offline since Saturday following a “consensus issue.” The CANTO token…
Ex-Bank of Japan Official Rules Out Another Rate Hike This Year
The BOJ recently raised rates for the first time in over a decade, destabilizing global…
Bitcoin Nears $58K as Market Slides Ahead of Busy Data Week
Crypto markets lack a clear anchor and are susceptible to continued position adjustments based on…
Dragonfly, Crypto.com Weigh in on CFTC’s Proposed Prediction Market Rules
Both parties argue the CFTC’s move to regulate prediction markets is an overreach, with Dragonfly…
IRS Shares New Crypto Tax Form, Invites Industry Input
The U.S. Internal Revenue Service (IRS) has released an updated draft version of the tax…
Crypto Needs to Radically Rethink Token Distribution
The prevailing “low float, high FDV” model can generate significant initial interest in project but…
What the NYT and Washington Post Op-Eds Get Wrong About Crypto
It’s long past time for critics to look past their biases and recognize the reality…
Ripple Begins Testing Its Stablecoin on Ethereum and XRP Ledger
The company said it will use both Ripple USD (RLUSD) and XRP for cross-border payments…
CoinDesk 20 Performance Update: XRP’s 7.8% Decline Weighs on Index
APT gained 3.9% and BCH rose 2.7%, helping to balance out XRP’s losses.
