US - Crypto News And Market Updates

Federal Reserve themed illustration with Bitcoin and financial charts, representing interest rate cuts and their impact on crypto markets.

Wharton Professor Siegel Urges 75bps Rate Cut as Crypto Plunges

August 5, 2024 Gonzalo

Wharton professor Jeremy Siegel urges the Fed to cut rates by 75bps as crypto markets and traditional stocks plummet on escalating recession fears.

Genesis Concludes Bankruptcy with $4 Billion Creditor Payout

August 3, 2024 Gonzalo

Genesis Global has begun disbursing $4 billion in creditor payouts following its restructuring, with varying recovery rates across different crypto assets.

Illustration showing Binance exchange visuals with market data overlays, representing projected crypto listings and market analysis for 2025.

Binance US Prepares for Legal Showdown with SEC Amid Regulatory Dispute

July 2, 2024 Gonzalo

Binance US prepares for a legal showdown with the SEC, facing allegations of securities violations and anti-fraud breaches. Read more about the ongoing dispute.

Coinbase Will Custody Digital Assets for US Marshals Service

July 1, 2024 Gonzalo

Coinbase to provide custody and advanced trading services for large-cap digital assets for the US Marshals Service. Learn more about the collaboration.

Changpeng Zhao illustration with Bitcoin and Binance imagery, representing leadership and influence in the global crypto exchange industry.

US Judge Allows Major Portion of SEC Lawsuit Against Binance and CZ to Proceed

June 29, 2024 Gonzalo

A US court has ruled that key claims in the SEC’s lawsuit against Binance and CZ will proceed, impacting the cryptocurrency exchange’s operations.

Kraken Co-Founder Jesse Powell Donates $1M, Mostly in Ether, to Donald Trump

June 28, 2024 Gonzalo

Kraken’s Jesse Powell donates $1M to Donald Trump, supporting the only pro-crypto candidate in the 2024 election. Most of the donation is in Ether.

Illustration representing rumors of market manipulation surrounding Binance and Bitcoin price action.

Hydrogen Execs Jailed for Manipulating HYDRO Crypto Price

June 26, 2024 Gonzalo

Hydrogen Technology Corporation executives sentenced for a multimillion-dollar crypto securities fraud scheme involving the HYDRO token manipulation.

Bitcoin illustration with US-themed elements, representing market rumors related to Bitcoin and US policy developments.

North Dakota Joins List of US States Banning Binance’s Operations

June 19, 2024 Gonzalo

North Dakota withdraws Binance.US’ money transmission license, joining six other US states in regulatory action against the cryptocurrency exchange.

Japan-themed crypto illustration with national symbols and digital assets, representing regulatory reclassification of crypto as financial products.

LBank in Hot Water for Breaking Japan’s Financial Rules

June 15, 2024 Gonzalo

Japan’s FSA warns LBank for unregistered operations, raising significant concerns about transparency and accountability in cryptocurrency transactions.

Digital custody illustration with a secure lock, representing SEC-focused discussions around crypto custody and asset protection.

SEC May Receive ‘Only a Fraction’ of Terraform’s Settlement

June 13, 2024 Gonzalo

SEC might receive only a fraction of Terraform Labs’ $4.47 billion settlement due to bankruptcy proceedings prioritizing payments to secured creditors first.