The latest cryptocurrency headlines from eLesor

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Here’s what leaders at Coinbase, FTX, BlockFi and other crypto companies are saying about regulation

“The CFTC has been much faster to weigh in and offer guidance and thoughts...I think there's been some criticism of the SEC, " said Sydney Schaub, chief legal officer at crypto exchange and stablecoin issuer Gemini.

Crypto

Ticker Name Last Chg Chg %
BTCUSD Bitcoin USD 47648.95 -359 -0.75%
ETHUSD Ethereum USD 3456.00 57.31 1.69%
DOGEUSD Dogecoin USD 0.24 -0.0013 -0.54%
XRPUSD XRP USD 1.08 0.0134 1.25%
LTCUSD Litecoin USD 178.55 -1.14 -0.63%
BTC.1 Bitcoin (CME) Front Month 46945.00 -545.00 -1.15%
BCHUSD Bitcoin Cash USD 647.21 25.42 4.09%

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NFTs have Cathie Wood excited: ‘This is how I felt when the internet came about’

Cathie Wood, founder and CEO of Ark Investment Management, which manages more than $50 billion in assets, said that she's keeping an eye on the explosive growth of non-fungible tokens, or NFTs, though she doesn’t hold any.

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MicroStrategy buys more than 5,000 bitcoins in 3 weeks while it sells its own stock

Enterprise software company MicroStrategy Inc. keeps swapping out its shares for more bitcoin.

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Litecoin hoax highlights crypto market vulnerable to scams: ‘Walmart has no relationship with litecoin,’ says big box retailer

Fake news appeared to be giving holders of virtual currencies very real agita on Monday, as a hoax news release sent litecoin briefly soaring before crumbling back down to Earth.

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Shiba Inu soars over 25% Friday as dogecoin copycat makes Coinbase debut

Meme coin Shiba Inu was seeing its price surge on Friday, with the crypto trending high in social-media circles, less than a day after Coinbase Global launched trading of the dogecoin copycat on its trading platform.

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Weekend reads: Crypto and the sniff test

Also, early signs of cooling for U.S. housing, an overlooked income play in the stock market and a big increase expected for Social Security checks.

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‘Much cost averaging… wow’: Robinhood debuts recurring crypto trading

Robinhood will allow users to create recurring investments in cryptocurrencies like bitcoin, ethereum, dogecoin and litecoin.

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In addition to bitcoin, AMC will soon accept other cryptocurrencies for purchases

AMC movie theaters on Wednesday expanded the range of cryptocurrencies it soon plans to accept for ticket and concession purchases.

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At end of the day, if bitcoin is successful governments will ‘kill it,’ says Ray Dalio

Ray Dalio, billionaire investor and founder of Bridgewater Associates, the world’s largest hedge fund, says that the more successful that bitcoin becomes, the more likely that it will get neutralized by governments and reg...

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Ray Dalio: I have more gold than crypto

Ray Dalio disputed Cathie Wood’s view that bitcoin will rise tenfold in five years, saying that diversification is important.

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‘If they are going to regulate it they better do it quickly,’ says SkyBridge Capital’s Scaramucci about crypto

SkyBridge Capital’s Anthony Scaramucci on Wednesday implies that crypto is a fast-moving car and could leave regulators in the dust if they don't move to quickly provide rules of the road for the nascent digital-asset sect...

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Coinbase initiated at junk levels by Moody’s, citing ‘uncertain regulatory environment and fierce competition’ in crypto

Moody’s Investors Service initiate a debt-issuer rating of Coinbase Global Inc. at noninvestment grade, or junk, citing an “uncertain regulatory environment and fierce competition” as a key reason for not rating the crypto...

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Gensler defends SEC crypto policy before Senate against charges of lack of ‘clarity’

Securities and Exchange Chairman Gary Gensler defended the agency's approach to enforcing securities laws against companies that deal in cryptocurrencies and other digital assets during a hearing Tuesday before the Senate ...

Billionaire Steve Cohen backs new cryptocurrency trading firm Radkl

A new cryptocurrency trading firm called Radkl is launching Tuesday with an undisclosed amount of financial support from billionaire Steven A. Cohen, The Wall Street Journal reported. Executives at Radkl and a spokeswoman ...

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Cathie Wood Looks to Canada for Bitcoin ETFs. What She Really Wants Is One in the U.S.

The star stock picker tweaked the prospectus of her ARK Next Generation Internet ETF so the $5.7 billion fund can hold cryptos through Canadian ETFs.

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Biden to nominate three Democratic regulators to serve on CFTC

President Joe Biden announced his intention to nominate three financial regulation experts with academic and government backgrounds to fill the three Democratic seats on the five-member board charged with regulating U.S. d...