Yesterday’s FinCEN rule proposal is incredibly overbroad, comprehensive, and perfectly designed to allow arbitrary information collection at any scope they choose to enforce. It truly is a mind-blowingly large grab attempt at private information of anyone they can get their hands on. They want all regulated entities — VASPs, banks, financial institutions or entities like casinos, etc. — to by default submit reports of any transactions interacting with mixing within 30 days of noticing the relevant transaction and its association to mixing activity. Currently, most exchanges and businesses keep these records anyway, but they do not by default send copies of them to regulators unless…

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In a move towards greater transparency, Tether Holdings, the entity behind the stablecoin Tether USDT/USD, is said to be revising its approach to publishing reserve data reports.

As the crypto community gears up for Benzinga’s Future of Digital Assets conference on Nov. 14, this development from Tether will likely be a discussion topic. The conference aims to address the evolving landscape of digital assets, and 

Paolo Ardoino, soon to be the CEO and currently the chief technology officer of Tether, was quoted by Bloomberg on Oct. 20, stating the company’s intention to “publish reserve data in real-time in 2024.”

While Tether had yet to officially comment on this, its transparency page…

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Bitcoin BTC/USD was leading the crypto sector higher during Friday’s 24-hour trading session amid optimism that the approval of a spot Bitcoin ETF is on the horizon.

BlackRock and Fidelity introduced changes to their spot Bitcoin ETF submissions at the beginning of the week, while Grayscale filed an S-3 application as part of its efforts to secure similar approvals.

From a technical analysis perspective, Bitcoin was attempting to break up from a triple inside bar pattern. Ethereum and Dogecoin were unable to break up above their Oct. 16 high, causing the cryptos to remain trading in symmetrical triangle patterns.

A symmetrical triangle pattern is created when a stock forms a series of…

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1. MetaMask: MetaMask is not just a wallet; it’s a bridge that allows you to run Ethereum dApps right in your browser. This wallet is designed as a browser extension and offers an intuitive interface. Availability: MetaMask is available for download on both the Apple App Store and Google Play.
2. Coinbase Wallet: An offering from the widely recognized Coinbase platform, the Coinbase Wallet goes beyond just being a place to store digital assets. It offers a user-friendly platform and the ability to explore decentralized apps (dApps). Availability: Users can find the Coinbase Wallet on the Apple App Store and Google Play.
3. Trust Wallet: Trust Wallet is known for its multi-currency support and a secure environment. It’s a decentralized wallet, meaning you have full control over your keys. Additionally, Trust Wallet also provides access to a vast range of dApps. Availability: Available on both the Apple App Store and Google Play, Trust Wallet has a vast user base.
4. BlueWallet: BlueWallet is tailored for Bitcoin users. With a clean and straightforward interface, it makes Bitcoin storage and transactions smooth and secure. Availability: Bitcoin enthusiasts can download BlueWallet from the Apple App Store and Google Play.

Over the past 24 hours, Litecoin’s LTC/USD price rose 3.51% to $63.39. This continues its positive trend over the past week where it has experienced a 3.0% gain, moving from $61.31 to its current price. As it stands right now, the coin’s all-time high is $410.26.

The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

Litecoin’s trading volume has climbed 25.0% over the past week,…

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Josh Deems is the Institutional Business Development Lead at Figment – a firm specializing in institutional staking solutions.

Figment serves over 250 institutional clients, offering point-and-click-staking portfolio reports, performance insights, APIs for seamless integrations, and third-party custody solutions.

Like many prominent figures in the crypto space, Deems will be speaking at Benzinga’s Future of Digital Assets event on Nov. 14 in New York City. He will join a panel titled “Staking: Definition, Challenges, and Opportunities” alongside Martin Leinweber and Joe Levin.

Deems started his career at S&P Global before working for two out of the Big 4 in PwC and EY. He pivoted to…

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In a fresh analysis, renowned trader Altcoin Sherpa shared his insights on the potential trajectory of Bitcoin BTC/USD and Rollbit RLB/USD, which has already seen a 7,500% upmove in the past year.

With the crypto market’s ever-evolving nature, such predictions are invaluable for investors and enthusiasts alike.

This revelation comes just ahead of the much-anticipated Benzinga’s Future of Digital Assets conference on Nov. 14. The event is set to be a hub for crypto experts, traders, and stakeholders to discuss the future of digital assets, and Altcoin Sherpa’s predictions are likely to be a topic of interest among attendees.

Rollbit, after experiencing a few weeks of stagnation, is gearing…

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What happened: On Thursday a total of 2,041.98 Ether ETH/USD worth $3,287,042, based on the current value of Ethereum at time of publication ($1,609.73), was burned from Ethereum transactions. Burning is when a coin or token is sent to an unusable wallet to remove it from circulation.

Why it matters: On August 5th, 2021, the Ethereum blockchain implemented an important upgrade known as EIP-1159. This Ethereum improvement proposal changed the fee model drastically. Now each transaction includes a variable base fee that adjusts according to the current demand for block space. This base fee is burned, or permanently removed from circulation, lowering the supply of Ether forever.

See Also: How…

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The European Banking Authority (EBA) and the European Securities Markets Authority (ESMA) have jointly rolled out a consultation paper, outlining draft guidelines on the suitability assessment of members of the management body of issuers of asset-referenced tokens (ARTs), commonly known as stablecoins, and crypto-asset service providers (CASPs).

Join The Conversation: Benzinga’s Future of Digital Assets conference on Nov. 14 promises to be a melting pot of insights from financial and crypto luminaries, with discussions expected to revolve around such pivotal regulatory strides and their role in sculpting the digital asset domain’s future.

The guidelines set forth by the EBA and ESMA…

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