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Crypto Case Over Money Transmitter Laws Dismissed by US Judge

A U.S. judge has dismissed a case against a cryptocurrency company accused of violating money transmitter laws. The court ruled that the company did not meet the criteria for being classified as a money transmitter under federal law. This decision is seen as a significant win for the crypto industry, which has faced increasing regulatory scrutiny. The ruling may set a precedent for similar cases in the future, potentially easing compliance burdens for cryptocurrency businesses. The judge emphasized the need for clearer regulations regarding digital assets.

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Nvidia to Face Class Action Lawsuit Over Alleged Crypto Mining Revenue Gaps

Nvidia is facing a class action lawsuit alleging that the company misled investors about its revenue from cryptocurrency mining. The lawsuit claims that Nvidia failed to disclose significant gaps in its crypto mining revenue, which affected stock prices. Investors argue that the company's statements regarding the demand for

Bitcoin DAT trade is concentrating in Michael Saylor’s Strategy as treasury demand fades elsewhere

Bitcoin's Direct Asset Trading (DAT) is increasingly aligning with the investment strategy of Michael Saylor, co-founder of MicroStrategy, as interest in Bitcoin as a treasury asset diminishes among other companies. Saylor's firm has been a prominent advocate for Bitcoin, accumulating significant holdings over time. As traditional

US Congressman Moves to Ban Staff From Trading on Prediction Markets

US Congressman Josh Gottheimer has introduced a proposal to prohibit congressional staff from trading on prediction markets, which are platforms that allow users to bet on the outcome of future events. The move aims to address potential conflicts of interest and ensure transparency in government operations. Gottheimer emphasized the need

Bitcoin has traded in a tight range for nearly 50 days – but this is not a "bear flag"

Bitcoin has been trading within a narrow price range for nearly 50 days, leading to speculation about its market direction. Analysts suggest that this consolidation phase should not be interpreted as a "bear flag," which typically indicates a continuation of a downtrend. Instead, they believe it may signal

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Nvidia to Face Class Action Lawsuit Over Alleged Crypto Mining Revenue Gaps

Bitcoin DAT trade is concentrating in Michael Saylor’s Strategy as treasury demand fades elsewhere

US Congressman Moves to Ban Staff From Trading on Prediction Markets

Bitcoin has traded in a tight range for nearly 50 days – but this is not a "bear flag"