News

Zcash Foundation says SEC closed 2023 probe into privacy coin

The Zcash Foundation announced that the U.S. Securities and Exchange Commission (SEC) has closed its investigation into the privacy-focused cryptocurrency, Zcash. The probe, which began in 2023, examined whether Zcash should be classified as a security. The foundation expressed relief over the SEC's decision, emphasizing its commitment to compliance and transparency in the crypto space. This development is seen as a positive outcome for Zcash and the broader privacy coin market.

Read the full article: Coin Telegraph

TD Cowen Trims Strategy Price Target as Bitcoin Yield Outlook Softens

TD Cowen has reduced its price target for Bitcoin, reflecting a less optimistic outlook on Bitcoin yields. The firm cited concerns over the potential for lower returns in the cryptocurrency market, which could impact investor sentiment. This adjustment comes amid broader market fluctuations and changing economic conditions. Analysts suggest that

Manhattan DA Urges Lawmakers to Strengthen Crypto Enforcement Tools

Manhattan District Attorney Alvin Bragg is advocating for enhanced legislative measures to improve the enforcement of cryptocurrency-related crimes. He emphasized the need for stronger tools to combat fraud and other illicit activities in the rapidly evolving crypto landscape. Bragg's call to action comes amid rising concerns about the

Dogecoin drops 4% as traders sell into strength

Dogecoin experienced a 4% decline as traders opted to sell during a period of price strength. This sell-off comes amid fluctuating market conditions, with many investors taking profits after recent gains. Analysts suggest that the drop reflects a broader trend of profit-taking in the cryptocurrency market. Despite the decline, Dogecoin

Senate Banking Committee Delays Markup of Key Crypto Bill as Industry Support Frays

The Senate Banking Committee has postponed the markup of a significant cryptocurrency bill amid declining support from the industry. This decision comes as various stakeholders express concerns about the proposed regulations and their potential impact on innovation and market stability. The delay highlights the growing divide within the crypto community

Read more

TD Cowen Trims Strategy Price Target as Bitcoin Yield Outlook Softens

Manhattan DA Urges Lawmakers to Strengthen Crypto Enforcement Tools

Dogecoin drops 4% as traders sell into strength

Senate Banking Committee Delays Markup of Key Crypto Bill as Industry Support Frays