Crypto

The post SEC Eases Crypto Reporting Requirements: How Banks and Brokerages Can Benefit appeared first on Coinpedia Fintech News The SEC has opened a path for banks and brokerages to avoid reporting their customers’ crypto holdings on their balance sheets, provided they mitigate associated risks. This change responds to industry pressures and unsuccessful challenges to the SEC’s two-year-old guidance in Congress as per a Bloomberg report.  SEC’s change of heart is evident due to the election year and the US…

Franco Amati criticizes the regulations, claiming they restrict Bitcoin use and compromise user privacy and security. Alejandro Estrin highlights the growing interest in cryptocurrencies in Argentina, viewing regulations as protective and innovative. More than three months after Argentina implemented Bitcoin ecosystem regulations focusing on exchanges and similar platforms, the local crypto community remains divided. While some claim users despise these regulations, others argue they increase interest in these digital assets. As we pointed out in Crypto News Flash, since March,…

The post Crypto Liquidations To Subside, BTC And Crypto Market To Rebound: JP Morgan appeared first on Coinpedia Fintech News Bitcoin And Crypto Market To Rebound In a recent research report on Thursday, JP Morgan stated that the crypto liquidations should decrease this month and the market is expected to see a massive rebound from August onward. The bank has also reduced its year-to-date crypto net flow estimate from $12 billion previously to $8 billion in an updated projection.   The…

The post Another Crypto Victory: SEC Finally Drops Paxos Investigation appeared first on Coinpedia Fintech News Paxos has been freed from SEC investigation. Even though we are in a bull market, it feels like a bear market due to many crypto negative events. In such times, even the smallest positive news brings a lot of relief. Everyone knows how the SEC is waging a war against crypto, but this time their decision shocked everyone. A surprising piece of news is…

Recent data shows that Bitcoin has completely detached from US stocks. This is significant considering how the flagship crypto and these stocks had a positive correlation before now, which undoubtedly positively impacted Bitcoin and the broader crypto market. Bitcoin Has No Correlation With US Stocks Data from the market intelligence platform IntoTheBlock shows that Bitcoin’s correlation with the Nasdaq 100 and S&P 500 has dropped to -0.78 and -0.83, respectively. This means that Bitcoin and these assets have a strong…

In the age of the rising Web3.0, AI has emerged as a trusted ally, reshaping industries with its advanced capabilities and transformative potential. In the realm of cryptocurrency trading, AI-powered trading bots have revolutionized the way investors approach the market, offering powerful tools to enhance trading strategies and drive profitability. Among the myriad of options available, ValueZoneAI stands out as a leading AI crypto trading bot, setting new standards for efficiency, innovation, and user empowerment in the dynamic world of…

Today’s post-CPI Bitcoin price action has concerned the bulls.  The US Bureau of Labor Statistics released the Consumer Price Index for June today on Thursday. The headline annual CPI inflation came out at 3%, better than the market’s consensus of 3.1%. Similarly, the core CPI inflation YoY increased by 3.3%, better than the expected 3.4%.   The US core inflation excluding shelter also came out negative for the second straight month.  Quite simply, the CPI for June should have been a…

The post Top Underrated Page 3 Crypto For Massive Gains  appeared first on Coinpedia Fintech News With the Ethereum and Bitcoin price trend teasing a bullish jump ahead, the altcoins market anticipates a massive surge in the coming week. Amidst the recovering rally, the low-cap crypto on Page 3 on Coinmarketcap is known for massive jumps and even reaching the top 100 list sometimes. So, let’s look closer at our top picks of low-cap crypto picks for a massive jump.  …

The post ALEX Lab Token Emerges Top Gainer Among Largest 500 Crypto Assets! appeared first on Coinpedia Fintech News ALEX, the native token of Bitcoin layer-2  bridge ALEX Lab, has emerged as the top gainer among the largest 500 crypto assets over the past 24 hours.  While the flagship crypto asset witnessed a correction on July 10, ALEX maintained its bullish trajectory. The token spiked 21.72% yesterday and registered a 57% increase this morning. It has witnessed a massive 70%…