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The Latest Breaking News from Crypto

CFTC Chair Claims Most Cryptocurrencies Are Commodities, Admits There's A 'Turf War' Going On Over Crypto

CFTC Chair Rostin Behnam says that "under existing law, many of the tokens constitute commodities."

International Business Times

Amid Argentina's Currency Woes, Expert Santiago Siri Lauds the Potential of Bitcoin

Milei leans towards dollarization as a solution to address inflation; Santiago Siri says the new President is "missing a tremendous opportunity"

Latin Times

Bankman-Fried's Case 'Almost Impossible To Win,' SBF Is The 'Worst Witness,' Defense Counsel Admits

The 76-year-old legal expert also disclosed how Bankman-Fried made things all the more challenging when he went off the script during his testimony, eventually making his case "unwinnable."

International Business Times

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Do Kwon's Montenegro Detention Extended Until February 2024 Amid US, South Korea's Extradition Requests

The decision was made after the U.S. and South Korea made extradition requests to prosecute the crypto entrepreneur on charges related to the collapse of the TerraUSD stablecoin.

International Business Times

Crypto is ‘so back’ for everyone—except retail investors

The recent rally has barely moved the needle when it comes to people downloading crypto apps like Coinbase.

Fortune

Crypto Fund Inflows Record $43M As Bitcoin Held In Exchanges Drops To 6-Year Low

Data indicate that investors are still focused on Bitcoin, the world's largest crypto asset by market capitalization, with an inflow of $20 million, recording a year-to-date total of $1.7 billion.

International Business Times

FTX Warns Of Potential Delay In Customers' Compensation Amid IRS' $24B Tax Claim

FTX, in its filing to a Delaware court, called the IRS' tax claim "meritless."

International Business Times

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Politicians and regulators keep shouting that crypto is synonymous with fraud. Here’s why they’re wrong

An entire industry shouldn't be condemned because of a few bad actors.

Fortune

Google Updates Policy To Allow Crypto ETF Ads As Possible Spot BTC ETF Approval Nears

The changes, as per Google, are based on the latest criteria in its certification process, among which Cryptocurrency Coin Trusts are allowed to create and serve ads on Google granted that they can meet the requirements and secure a Google certification.

International Business Times

Some crypto gifts they want. Others, they need

Help them secure their assets with a Ledger wallet

TechRadar

Ethereum faces a moment of truth with latest crypto rally

A recent spike in Ethereum gas fees raises the question of whether the most popular smart contract platform is ready for prime time.

Fortune

Justin Sun-Linked HTX Sees Nearly $260M Net Outflow Since Resuming Operations After Million-Dollar Hack

Despite the net outflow, HTX occupies the 15th spot in CoinMarketCap's top cryptocurrency exchanges.

International Business Times

Former Lakers big man Josh Powell talks about his time with the team

Former Laker talked to Brandon "Scoop B" Robinson about many topics, including whether LeBron James deserves a statue at Crypto.com Arena.

USA Today Sports Media Group

Bitcoin Nosedives Below $41K, Erasing Nearly A Week's Gain As Holders Take Profit

As the king of crypto briefly sunk below the $41,000 price level, it caused over $270 million worth of long positions to be liquidated.

International Business Times

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International Business Times

MicroStrategy's Michael Saylor Reveals How Bitcoin Bet Helps MSTR Compete With Magnificent Seven

Bitcoin was trading in the red zone at $43,950, which means the software and business intelligence company is now sitting on an unrealized profit of $2.390 billion.

International Business Times

Binance's CZ Could Be Deposed In Billion-Dollar Class-Action Lawsuit

The court filing comes a few days after a court sided with the U.S. Department of Justice and prohibited the crypto mogul from leaving the U.S. until his sentencing.

International Business Times

Bitcoin ETF News: VanEck Files Fifth Amended Prospectus, Reveals Ticker

After BlackRock submitted another amended prospectus last week, VanEck followed suit with its fifth amendment, showing a unique Bitcoin ETF ticker, HODL.

Barchart

Are Bitcoin and Crypto-Related Assets Heading for New Highs?

Bitcoin exploded in 2023 after closing last year below the $17,000 level; the price was over $44,000 on Friday, December 8. Bitcoin has been a leading asset this year, and the technical action could support a challenge of the late 2021 high.

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Investors Business Daily

Stock Market Rally Nears 2023 Highs; AMD, Google Jump On AI Push: Weekly Review

The stock market rally enjoyed modest weekly gains, with the major indexes all near 2023 highs. AMD and Google surged on AI news.

Fortune

Crypto’s return puts no-coiner critics in an awkward spot

The recent crypto collapse produced a cottage industry of “no coiners” whose position looks less convincing as of late.

The Street

Elon Musk responds to Elizabeth Warren's crypto comments

Elizabeth Warren and Jamie Dimon may be on the same page, but Musk certainly is not.

USA Today Sports Media Group

X Less Known Gambling Games to Try

When you think of online gambling few games come to mind right away. Slots, roulette, and poker are the most well-known and well-liked casino games, and there's a reason for it. However, countless other games are a lot of fun and can bring big ...

Fortune

El Salvador became the first country to accept Bitcoin as legal tender. Now it’s offering citizenship for a $1 million ‘investment’

The Central American nation led by Nayib Bukele is partnering with the controversial stablecoin Tether on the initiative.

International Business Times

Fidelity's Spot Bitcoin ETF Ticker Listed On DTCC's Active And Pre-Launch List

While BlackRock's Bitcoin ETF listing pushed the value of Bitcoin to a new high, Fidelity's listing did not have the same impact on the price of the "king of crypto."

International Business Times

Court Rules Binance's CZ Should Stay In US Until Sentencing

District Judge Richard Jones of the Western District of Washington sided with the Department of Justice on Thursday and decided not to allow Zhao to return to UAE until his sentencing.

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