Strategy,
Robinhood, and
Coinbase Stocks Slide adds to the volatility of the cryptocurrency market, but is no reason for alarm. The Anti-Money Laundering Authority (AMLA) isn't investigating 'Coin Laundry' revelations, stating that it does not conduct criminal investigations.
BlackRock sees
Bitcoin as digital gold, but finds cryptocurrency payments lagging. This corroborates Bitwise CIO's opinion, claiming Bitcoin retail investors are desperate, but a crypto winter isn't nearing.
Klarna launches its own stablecoin, KlarnaUSD, revealing a thirst for more innovation within the fintech industry.
NOT COIN sees rising interest, with debates about its investment potential cropping up. Meanwhile, crypto regulation remains a contentious issue, especially for meme coins which are being evaluated by the
SEC for securities status. The Treasury Department is considering a Trump $1 coin for the US's 250th birthday.
Trump's involvement in crypto is criticized due to conflicts of interest, and a warning is issued against 'meme coins'. As a potential counteraction, the GENIUS Act is proposed, though its effectiveness is debated. In alternative currencies, altcoins reveal potential benefits and market potential. The Treasury Department's plan to retire the penny is debated, causing a ripple effect in the coin collecting market. Despite this, the SEC stands firm in declaring that meme coins are not securities, which might influence future digital currencies launched by celebrities, or influence the creation of 'novelty' tokens like a $1 Trump coin. Lastly, the rise in
ALT Coin XRP's price is indicative of the growing influence alternative cryptocurrencies have within the marketplace.
NOT Coin News Analytics from Thu, 30 Jul 2020 07:00:00 GMT to Tue, 25 Nov 2025 17:22:00 GMT -
Rating 8
- Innovation 3
- Information -4
- Rumor -2
