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BetbuInu (CRYPTO) News



Brad Sherman Congress

US Congressman Finds There's Too Much Money Behind Crypto to Ban It

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US Senator Brad Sherman says the Senate hasn't banned cryptocurrencies because there's too much money and power behind them. According to him, money used for lobbying and campaigns work otherwise people wouldn't enter the sector, and it's the reason why the US hasn't banned crypto. The lawmaker...

Coinbase crypto Georgia

Coinbase Users in Georgia Could Cash Out Cryptos 100X the Rate

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A technical error in Coinbase resulted in Georgian users' cashing out funds with prices 100 times higher than their actual rates. This happened as the price of the country's official currency, the lari (GEL) was shown at $290 on August 31 instead of $2.90. So, users having $100 worth of lari on the...

Vitalik Buterin crypto

Vitalik Buterin Predicts Cryptocurrencies Will Settle Down

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In a recent interview with blogger Noah Smith, Ethereum co-founder Vitalik Buterin talked about the current crypto market state and the future of blockchain. He said it was predictable that the prices would fall, however, he didn't know when it would happen. According to Buterin, in the...

crypto research CoinGecko

California Is the Most Interested State in BTC and Ether: CoinGecko

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Data by CoinGecko unveils that the state most interested in Bitcoin and Ether in the USA is California. The study is based on the crypto data platform's website traffic within the US between May to August 21, 2022. Other states included in the top 5 are Illinois, New York, Florida, Washington. 43%...

European Union crypto mining

European Union Votes Against Green Cryptocurrency Mining Study

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European Union’s lawmakers rejected a Green Party plan to explore other methods of proof-of-work mining that powers the Bitcoin blockchain. Earlier, the European Parliament didn't approve the proposal to impose limitations on the PoW systems. A Spanish member of the parliament's Green caucus...

Jim Cramer crypto

Jim Cramer Says You May Lose Your Life Savings Because of Crypto

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American TV personality Jim Cramer says investors should get out of crypto, NFTs, and special purpose acquisition companies. According to him, the assets could result in the loss of investors' life savings. On the recent episode of "Mad Money," the host said he changed his opinion about...

Japan crypto tax

Japan to Make Changes in Crypto Tax Laws

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The Japanese Government revealed it is going to review and make changes in the crypto tax law that are effective for companies in the fiscal year of 2023. The country's Financial Services Agency and the Ministry of Economy, Trade and Industry (METI) will be exploring how digital asset organizations...

Valkyrie CIO crypto

Valkyrie CIO Predicts Further Bitcoin Fall

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In a recent interview Steven McClurg, the CIO of the asset management Valkyrie said Bitcoin may decline further although we are close to the bottom. The executive says markets depend on macro trends and inflation. As rates are going higher than expected, all risk assets are going to fall....

Philippines crypto education

Philippine Universities to Conduct Crypto and Blockchain Courses

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Universities in the Philippines will offer free courses in blockchain and crypto, including trading, metaverse, decentralized finance, web3, and others partnering with Binance. Recently, the crypto exchange was present at the Philippine Senate hearing where industry leaders and regulators discussed...

crypto investments survey

46% of American Crypto Investors Had Higher Expectations

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Pew Research Center’s new survey says 46% of American crypto investors find that their investments have performed worse than they assumed. 15% of the participants said the results have been better than their expectations, 31% said the results corresponded to their expectations, and 8% said they...

Celsius Prime Trust

Celsius Claims Prime Trust Should Return the Company Around $17 M

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The crypto lender Celsius, which is facing bankruptcy processes currently, is suing Prime Trust over $17 M in cryptos. The trust company provided custody and other services for Celsius. In June 2021, the businesses dissolved their partnership. According to the filing, Prime Trust returned about...

FDIC crypto FTX

US FDIC Warns FTX and Others to Stop "Misleading" Claims

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On August 19, The Federal Deposit Insurance Corporation of the US released cautionary letters to 5 entities, and individuals saying they've made false and deceptive descriptions about digital asset products and the agency. The firms receiving such letters are FTX US, Cryptonews.com, Cryptosec.info,...

Google crypto investments

Google's Parent Company Alphabet Is the Leader in Crypto Investments

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New research by the intelligence platform Blockdata shows that from Sept. 2021 to mid-June 2022, crypto startups received investments from forty public companies. Together investments reached $6 bln. Based on the analysis, Google is the number one by the amount invested in blockchain/crypto. The...

Chainalysis crypto crime

Crypto Crime Fell by 25% This Year, Chainalysis Reports

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Blockchain data platform Chainalyis released an update on the mid-year crypto crime. According to data, illicit activities fall and notable expectations are predicted. Chainalyis says 2022 has been a significant year for the crypto industry, with essential price declines across all digital assets...

Celsius bitcoin mining

Court Allowed the Bankrupt Celsius to Mine and Sell Bitcoin

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Crypto platform Celsius got approval from a U.S bankruptcy judge to mine and sell bitcoins. According to the court document, mining is one of the main operations of Celsius, which Debtor subsidiary Celsius Mining LLC is among the largest crypto mining firms in the US. The release also noted the...

Fed crypto

Fed Released Guidelines for Cryptocurrency Banks

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The US Federal Reserve issued guidelines for evaluating account and services requests. On Monday, the Central Banks announced that its Board of Directors established a three-tiered review framework to provide additional clarity considering due diligence and scrutiny. Fed says there are different...

Cyprus cryptocurrencies

Payment Company Revolut Gets Approval to Offer Crypto Services

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London-based financial technology Revolut received approval from the Cyprus Securities and Exchange Commission to provide cryptocurrency services in the European Economic Area (EEA). The regulator awarded Revolut the status of a crypto-asset service provider. It's the first such license granted by...

Shiba Inu growth

Shiba Inu (SHIB) Saw a 25% Price Increase Today

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In the last 24 hours, the price of the memecoin Shiba INU grew by around 25%. Currently, SHIB trades at around $0.00001572. It got ahead of Avalanche (AVAX) in terms of market cap and now is the 12th largest crypto with over $8.5 billion. The Shib ecosystem is expanding, with the game called Shiba...