Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The European Commission has moved to allocate the supervision of crypto companies and their activities under the sole jurisdiction of the European Securities and Markets Authority (ESMA). This move will end the application of different regulatory styles in several member states operating…
Western Union has unveiled plans to introduce a new “stable card” to protect users in high-inflation economies as part of its stablecoin strategy. Speaking at the UBS Global Technology and AI conference, chief financial officer Matthew Cagwin said the initiative builds on the company’s investor-day reveal that it is moving beyond traditional cross-border payments and…
Key Takeaways Clear Street aims to list publicly in a deal led by Goldman Sachs, potentially valuing the firm at up to $12 billion. Clear Street’s model is coming under increasing pressure as digital assets retrace and related equities weaken. Share this article Clear Street, which underwrites and advises equity and debt offerings for companies…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. After writing about the regulation and taxation of digital assets since 2017, I did not think I was ever going to get to write this article during my lifetime, especially together with…
The total crypto market cap is down by over $60 billion daily. Bitcoin’s price couldn’t maintain above $92,000, and the recent rejection at that level pushed it south hard to just over $88,000 yesterday. Most altcoins have followed suit, with almost all charts deep in the red today. ZEC and CC lead on the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Reports have disclosed that some extremely wealthy family offices are adding XRP to their holdings, a move that market watchers say could influence demand for the token. According to Jake Claver, CEO of Digital Ascension Group, a close contact overheard members of…
Clear Street, a New York brokerage that has become one of the most active underwriters in the crypto-treasury boom, is preparing to go public with an expected valuation of $10 billion to $12 billion. The IPO could come as early as next month, with Goldman Sachs lined up to lead the offering, the Financial Times…
Key Takeaways The company plans to hold its Bitcoin reserves unless faced with a liquidity crisis lasting decades. Recent capital raises and historical performance support the firm’s commitment to Bitcoin as a core treasury asset. Share this article Strategy CEO Phong Le said on Friday that the company would only consider selling Bitcoin in the…
Zcash price has suffered a harsh reversal in the past few weeks, erasing most of the gains made during its recent bull run that pushed it from below $50 to $742. Summary Zcash price has crashed from $742 in November to $350 today. The rise and fall can be explained by the Wyckoff Theory. ZEC…
What’s in store for PI in the second week of December? Pi Network’s native token has proven in recent months to defy the overall market trend. For example, it actually posted some gains during November when BTC, ETH, XRP, and other larger-cap altcoins dropped by double digits. In contrast, the overall market started to…
