Crypto news

A new crypto bill designed to at least create a basic framework for crypto regulation in the United States has been submitted to Congress for review and subsequent approval. Is Regulation in the U.S. Getting Stronger? The 162-page draft bill was introduced by House Financial Services Committee chair Patrick McHenry, a republican from North Carolina, and House Agriculture Committee chair Glenn Thompson, a republican from Pennsylvania (leave it to the republicans to...

CoinspeakerJohnson & Johnson Reports Better than Expected Q2 2023 Earnings, JNJ Shares Up Slightly The pharmaceutical segment reported the highest sales with about $13.71 billion, followed by MedTech with a total sales of about $7.78 billion, and the remaining accrued from the consumer health segment. Johnson & Johnson Reports Better than Expected Q2 2023 Earnings, JNJ Shares Up Slightly

David Duong – head of research at Coinbase – says in a new report that blockchain could potentially aid in the many problems already coming about in the artificial intelligence (AI) arena. David Duong on Blockchain and AI In the report, Duong said: As applications within AI and blockchain mature, the disruptions these technologies represent may lead to areas of collaboration and the emergence of new use cases for crypto to help address specific societal challenges...

CoinspeakerAmerican Airlines Raises Earnings Outlook for 2023 as Travel Demand Soars The report noted that American Airlines’ second-quarter performance exceeded Wall Street expectations. American Airlines Raises Earnings Outlook for 2023 as Travel Demand Soars

Recently, the market has been relatively uneventful, with Bitcoin’s price showing slight volatility but lacking a clear direction. This uncertainty has left traders puzzled about what the next move might be. However, if Bitcoin’s price breaks above the $30K resistance region, there might be a positive turn, leading to a potential long-term uptrend. Bitcoin Price Analysis By Shayan The Daily Chart Taking a closer look at the daily chart, a bearish double-top pattern is visible...

The blockchain company Terraform Labs has reportedly named Chris Amani its new Chief Executive Officer. He vowed to shift the entity’s products toward other directions and not offer algorithmic stablecoins.  The previous CEO, Do Kwon, resigned several months ago to focus on his legal issues. He is currently imprisoned in Montenegro, while the USA and South Korea have argued he is the main culprit behind the LUNA/UST crash last year, insisting on his extradition. Steering Away...

CoinspeakerZeebu Inks Strategic Partnership with Hayo, Axistel and Qatama Zeebu owns a revolutionary blockchain solution that tackles some of the unique problems faced in the telecom sector. Zeebu Inks Strategic Partnership with Hayo, Axistel and Qatama

CoinspeakerFTX Exchange Files to Reclaim $71M from Its Philanthropic and Life Science Subsidiaries  FTX's new administration has continued to make significant efforts to reclaim funds the former CEO spent during his time at the firm. FTX Exchange Files to Reclaim $71M from Its Philanthropic and Life Science Subsidiaries 

CoinspeakerEl Salvador Sees Bonds Jump in Tandem with Massive Rally in Bitcoin As an emerging economy, El Salvador believes the best way to hedge against the core fluctuations brought on by the US dollar devaluation can be effectively mitigated with Bitcoin. El Salvador Sees Bonds Jump in Tandem with Massive Rally in Bitcoin

The Blockchain Association has filed an amicus brief in a lawsuit filed by the think tank Coin Center against the Treasury Department and the Office of Foreign Asset Control. The brief has to do with the latter two agencies’ sanctions against crypto mixer Tornado Cash. Tornado Cash Has Some Soldiers Fighting for It Last year, sanctions were filed against Tornado Cash after it was alleged that the tool had been used to launder crypto funds garnered by bad actors in...