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news-imageSeptember 6, 2024

Magic Eden's multi-chain NFT dominance surges with $60 million daily volume amid ME token hype

The platform recently hit a peak of $60 million in daily volume, showcasing renewed interest in digital collectibles across blockchains.
Publisher: The Block
Sentiment: Positive
General

More News Articles

Neutral
cover-imageBlockworks
October 10, 2024

Politics and memecoins drive the conversation on day 2 of Permissionless

The mix of retail and institutional, DeFi and TradFi, suits and T-shirts has been a staple at Permissionless since the inaugural event in 2022. Crypto influencers and US senators find themselves under the same roof this year for three days in Utah.

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Neutral
cover-imageTokenpost
October 10, 2024

Mt. Gox Extends Repayments to 2025, Easing Market Selloff Fears

Mt. Gox has pushed its repayment deadline to October 31, 2025, a decision welcomed by Bitcoin investors concerned about market volatility. The extension provides creditors with more time to receive their funds without triggering a rushed selloff that could destabilize prices.

general-iconGeneral
Negative
cover-imageCoingape
October 10, 2024

US IRS Faces New Lawsuit Over Crypto Staking Tax Policy

The US Internal Revenue Service (IRS) is again under legal pressure in relation to taxation of cryptocurrency staking rewards. On October 10, 2024, Josh Jarrett filed a new lawsuit with support of Coin Center and against the agency's approach of taxing block rewards as income at the time of receipt.

general-iconGeneral
Negative
cover-imageCryptoSlate
October 10, 2024

SEC commissioner says agency's approach to crypto has been a ‘disaster'

SEC Commissioner Mark Uyeda criticized the agency's approach to crypto regulation and acknowledged that it has been a “disaster for the whole industry.” He made the statement on Oct. 9, during an appearance on the Fox Business show “Mornings with Maria,” in response to questions about the SEC's recent actions against prominent crypto firms.

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Positive
cover-imageCryptopolitan
October 10, 2024

Most ETF investors more interested in crypto than bonds

Millennials are the most likely to pick riskier and more diverse types of ETF. This age cohort also relies on education and active selection with the goal of building an outperforming portfolio with a significant share of crypto.

general-iconGeneral
Negative
cover-imageNewsBTC
October 10, 2024

SEC Strikes Again: Cumberland DRW Charged For ‘Unregistered Crypto Operations'

The US Securities and Exchange Commission (SEC) has stepped up its regulatory scrutiny of the crypto industry by charging Cumberland DRW LLC with operating as an “unregistered dealer”, underscoring the agency's relentless enforcement approach that has come under increasing criticism from stakeholders and advocates in the digital asset space. Accused Of Trading $2B In Crypto As ‘Unregistered Dealer' In a statement released on Thursday, the SEC revealed that Chicago-based Cumberland DRW is accused of trading over $2 billion in crypto assets offered and sold as alleged “securities” in violation of federal registration requirements designed to protect investors.

general-iconGeneral
Positive
cover-imageUToday
October 10, 2024

ETF Investors Prefer Crypto Over Bonds: Schwab Survey

According to a recent survey published by Texas-based multinational financial services company Charles Schwab, nearly half of ETF investors (45%) plan to gain exposure to cryptocurrencies.

general-iconGeneral
Positive
cover-imageCoinPedia
October 10, 2024

Justin Sun Becomes Prime Minister of World's First Bitcoin-Driven Nation

Crypto billionaire and Tron founder Justin Sun is set to take on his new role as Prime Minister of Liberland, also known as the Free Republic of Liberland. Liberland is a self-declared micro-nation located on the western bank of the Danube River, between Croatia and Serbia.

general-iconGeneral
Positive
cover-imageBenzinga
October 10, 2024

Millennials Favor Crypto ETFs As Top Investment Asset, Schwab Reports Growing Bullish Sentiment Among ETF Investors

A recent Schwab Asset Management study indicates ETF investors' sentiment remains upbeat despite market and political uncertainty. What Happened: The 2024 edition of "ETFs and Beyond," an annual study by Schwab Asset Management, stated that 75% of survey respondents feel confident their portfolios would recover from a deep recession or black swan event.

general-iconGeneral
Negative
cover-imageBenzinga
October 10, 2024

Gary Gensler Doubts Cryptocurrency Future, Says Leading Figures Are Either In Jail Or Awaiting Extradition

U.S Securities and Exchange Commission (SEC) Chairman Gary Gensler, at a recent event at New York University (NYU) School of Law, expressed his doubts over the potential of cryptocurrencies, including Bitcoin (CRYPTO: BTC), to become widely accepted forms of payment. What Happened: In a fireside chat with former SEC Democratic Commissioner Robert Jackson Jr., Gensler indicated cryptocurrencies are likely to continue being seen primarily as a store of value rather than a widely accepted medium of exchange, as reported by CoinDesk.

general-iconGeneral
Positive
cover-imageCrypto news
October 10, 2024

CARV explodes 79% as top crypto exchanges list token

CARV, a modular data layer for gaming and artificial intelligence, has seen the price of its native token surge sharply in the past 24 hours. The CARV platform launched its token on Oct.

general-iconGeneral
Positive
cover-imageBlockworks
October 10, 2024

Stripe reintegrates crypto payments in the US

Following months of build-up, the fintech giant Stripe officially brought back crypto payments in the US, a product lead announced yesterday via X.

general-iconGeneral
Positive
cover-imageCrypto Reporter
October 10, 2024

Looking for Crypto Wallets? Explore the Top 4 Decentralized Crypto Wallets & Essential Facts About Them

As the world of cryptocurrency expands, the demand for secure and flexible wallets increases. Picking the right wallet is crucial for keeping your crypto safe, easy to manage, and profitable. Both newcomers and experienced crypto enthusiasts need to choose the best decentralized wallet, as each offers unique features suited to different needs and lifestyles.

general-iconGeneral
Negative
cover-imageCoingape
October 10, 2024

US SEC Charges Cumberland DRW With $2B Unregistered Crypto Sales

The U.S. Securities and Exchange Commission (SEC) has charged Chicago-based Cumberland DRW LLC with operating as an unregistered dealer in the crypto asset market. The SEC alleges that the company traded more than $2 billion in crypto assets, which were offered and sold as securities, without proper registration.

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Neutral
cover-imageBitcoinist
October 10, 2024

Binance's CZ Set To Leave US: Insights Into His Upcoming Plans For October 30

Changpeng Zhao, widely known as “CZ,” the former CEO and co-founder of Binance, has recently suggested he may leave the United States after completing his four-month prison sentence stemming from a settlement with US authorities. Zhao's release from a US correctional facility occurred on September 27, just two days earlier than initially expected.

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Negative
cover-imageCoindesk
October 10, 2024

SEC Sues Crypto Market Maker Cumberland DRW

The regulator alleged the company "bought and sold" crypto assets that were sold as securities, but did not register as a securities dealer.

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Neutral
cover-imageTheNewsCrypto
October 10, 2024

South Korean Law Recognizes Cryptocurrency in Divorce Settlements

South Korean law now allows married couples to divide cryptocurrency holdings during a divorce settlement. This follows a 2018 ruling by South Korea's Supreme Court, which classified cryptocurrencies as property due to their economic value.

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