Community reacts after SEC’s Gensler affirms BTC’s commodity status

Securities and Exchange Commission Chairman Gary Gensler riled up Crypto Twitter on Monday after affirming that Bitcoin (BTC) is a commodity. Questions were raised about its impact on Grayscales’ proposed…

Uzbekistan warms up to Bitcoin mining, but there’s a catch

The National Agency of Prospective Projects (NAPP) in the 34-million nation of Uzbekistan enunciated its demands toward the crypto mining operators. It would only allow the companies that use solar…

Two charged for alleged plan to steal tens of millions of dollars in bitcoin from New York home

Last Thursday, two men were arrested in Virginia for their alleged plan to steal tens of millions of dollars in Bitcoin from a Westchester County home. Between May 18 and…

Unizen ‘CeDeFi’ smart exchange secures $200M investment from GEM

Cryptocurrency exchange Unizen has scored a $200 million investment from private equity group Global Emerging Markets (GEM) which it will use to expand its business and its ecosystem. Rather than…

‘Crypto is just like the end of the 90s with the internet bubble,’ says Hodl CEO Maurice Mureau

For Maurice Mureau, CEO of crypto investment fund operator Hodl, there’s “not a lot left” to invest in anymore. With soaring inflation, bonds are no go, real estate is getting…

Central African Republic president launches crypto initiative following Bitcoin adoption

Faustin-Archange Touadéra, president of the Central African Republic, has announced the government will be backing an initiative centered around developing the country’s blockchain infrastructure. In a Monday announcement on Twitter,…

Tron Prices Boom, Ready To Reach $0.080

TRX prices display a recovery rally surpassing the $0.065 mark and form a bullish candle teasing an uptrend continuation to $0.080.  Key technical points: The TRX market price has increased…

Goldman Sachs downgrades Coinbase stock to ‘sell’

Shares of Coinbase Global Inc. (COIN) have been downgraded by analysts at Goldman Sachs after plunging cryptocurrency prices affected the exchange’s underlying business, underscoring the challenges posed by the bear…

Australian Crypto Gateway Solution Cuts Workforce by 40%

Cryptocurrency payment gateway Banxa has decided to reduce its workforce by more than 40%, The Australian Financial Review reports. The company enables users to convert fiat currencies to digital currencies…

Dogecoin price could rally 20% in July with this bullish reversal pattern

Dogecoin (DOGE) looks ready to extend its rebound move despite the current crypto bear market. 79% chances DOGE will extend its rebound move DOGE’s price appears to have been painting…