Crypto Summary

A former high-ranking official from China is calling for a fresh look at cryptocurrencies. Zhu Guangyao, who used to be the vice minister of the Ministry of Finance, spoke at an economic forum in Beijing recently. He pointed out how the regulatory attitudes toward crypto are shifting in the United

House Majority Whip Tom Emmer (R-MN) is a strong supporter of cryptocurrency in Congress. He has big plans for the industry if Republicans take control of the federal government in November. But he believes that cryptocurrency regulation is coming, no matter the election outcome. “Regardless of the outcome, I expect

The cryptocurrency market took a hit recently. Bitcoin's price dropped over 5% late Tuesday, leading to a staggering $526 million in liquidations within just 24 hours. Long positions made up $453 million of that, while short positions accounted for $73 million, according to CoinGlass. As of early Wednesday,

Robinhood has just rolled out crypto transfers for its customers in the European Union. This is a big step for the trading app, which launched in the EU back in December. More and more U.S. exchanges are looking to expand into this trading bloc. Now, EU customers can transfer

In an interview with Bullish CEO Tom Farley, Tether's CEO, Paolo Ardoino, shared some important insights about USDT. He emphasized that USDT plays a crucial role in the global financial system, especially in countries facing high inflation. Ardoino pointed out that Tether is a major supporter of the

Tensions in the Middle East caused Bitcoin (BTC) to drop during the early hours of trading in Asia on Wednesday. The CoinDesk 20, which tracks the most liquid digital assets, saw its biggest decline in weeks. Bitcoin climbed above $61,500 in the morning, but it had fallen to around