-
BTC 67,664.81 (+1.11%) -
ARS 1,109.80 (+0.48%) -
ETH 3,125.39 (+1.56%) -
SOL 179.33 (+6.60%) -
PEPE <0.01 (+4.51%) -
WIF 2.70 (+8.58%) -
XRP 0.52 (+0.92%) -
RUNE 6.97 (+4.03%) -
DOGE 0.15 (+1.50%) -
LINK 16.48 (-3.13%) -
NEAR 8.08 (+3.25%) -
FTM 0.96 (+11.55%) -
BONK <0.01 (-3.51%) -
BOME 0.01 (+4.24%) -
PYTH 0.44 (+14.73%) -
RNDR 10.57 (+2.72%) -
ENA 0.73 (+2.24%) -
UNFI 5.19 (+31.13%) -
CREAM 74.63 (-12.97%) -
PENDLE 5.59 (+18.31%) -
AVAX 36.75 (+2.43%) -
FLOKI <0.01 (+0.94%) -
WLD 4.81 (+0.67%) -
SUI 1.11 (+7.75%) -
PEOPLE 0.04 (-6.55%) -
AR 48.69 (+4.64%) -
ORDI 39.92 (-2.09%) -
JTO 4.33 (-1.44%)
New US bill to require firms to report off chain transactions to CFTC
Published: 2023-09-29
1. Bill proposing regulation of off-chain transactions in the US (150 words): The article focuses on a new bill in the US that aims to regulate off-chain transactions in the cryptocurrency space. The bill,if passed,would require cryptocurrency exchanges and other custodial service providers to submit reports for off-chain transactions exceeding $10,000 in value. It highlights the concerns of lawmakers regarding the potential misuse of cryptocurrencies for illegal activities due to their inherent privacy features. Proponents of the bill argue that regulation is necessary to ensure transparency and prevent money laundering. However,critics warn that excessive regulation could stifle innovation in the crypto industry and hinder privacy rights. Overall,the article highlights the ongoing debate surrounding the regulation of off-chain transactions and its implications for the future of cryptocurrency in the US.
2. Impact on privacy and anonymity in crypto transactions (150 words): The article delves into the potential implications of regulating off-chain transactions on the privacy and anonymity of cryptocurrency users. It highlights that off-chain transactions,such as those conducted through sidechains or second-layer solutions,often provide enhanced privacy features compared to on-chain transactions. However,the proposed bill could jeopardize these privacy benefits by requiring custodial service providers to disclose the details of off-chain transactions exceeding $10,000. This raises concerns about the erosion of privacy rights for cryptocurrency users and the potential for increased surveillance. Advocates for privacy argue that measures should instead focus on addressing illegal activities while preserving the core principles of privacy and anonymity in the crypto space.
3. Debate on balancing regulation and innovation (150 words): The article explores the ongoing debate between the need for regulations to combat illegal activities in the crypto industry and the potential impact on innovation. While regulation can help prevent money laundering and protect investors,critics argue that excessive regulations could stifle the growth of the cryptocurrency ecosystem. The proposed bill,if passed,could potentially hamper the development and adoption of off-chain solutions due to additional reporting requirements for custodial service providers. This could impede the ability of cryptocurrency exchanges and businesses to offer innovative services and limit the potential benefits of off-chain transactions. Advocates for innovative technologies such as sidechains and second-layer solutions stress the importance of striking a balance between regulation and fostering innovation to ensure the continued growth and success of the crypto industry.
Reference: cointelegraph.com
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | BTC |
67,664.81 | 1,598,381,447.55 |
| 2 | ARS |
1,109.80 | 995,726,815.10 |
| 3 | ETH |
3,125.39 | 755,210,549.41 |
| 4 | SOL |
179.33 | 656,243,794.80 |
| 5 | PEPE |
<0.01 | 177,880,375.47 |
| 6 | WIF |
2.70 | 170,184,330.17 |
| 7 | XRP |
0.52 | 122,942,163.65 |
| 8 | RUNE |
6.97 | 121,769,841.40 |
| 9 | DOGE |
0.15 | 100,667,934.96 |
| 10 | LINK |
16.48 | 84,971,244.20 |
| 11 | NEAR |
8.08 | 82,342,972.84 |
| 12 | FTM |
0.96 | 79,854,218.48 |
| 13 | BONK |
<0.01 | 78,929,349.58 |
| 14 | BOME |
0.01 | 73,228,208.09 |
| 15 | PYTH |
0.44 | 71,182,193.10 |
| 16 | RNDR |
10.57 | 67,850,893.82 |
| 17 | ENA |
0.73 | 57,080,151.96 |
| 18 | UNFI |
5.19 | 51,499,714.33 |
| 19 | CREAM |
74.63 | 49,597,338.82 |
| 20 | PENDLE |
5.59 | 48,891,587.38 |
| 21 | AVAX |
36.75 | 48,086,373.82 |
| 22 | FLOKI |
<0.01 | 46,124,935.87 |
| 23 | WLD |
4.81 | 42,790,214.20 |
| 24 | SUI |
1.11 | 42,683,255.49 |
| 25 | PEOPLE |
0.04 | 39,642,890.32 |
| 26 | AR |
48.69 | 39,642,864.38 |
| 27 | ORDI |
39.92 | 39,141,392.95 |
| 28 | JTO |
4.33 | 37,726,763.33 |
Coins with rapidly rising prices
(Update every 1 minute)
| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 | UNFI |
5.19 | +31.13 |
| 2 | PENDLE |
5.59 | +18.31 |
| 3 |  VIC |
0.48 | +15.36 |
| 4 | PYTH |
0.44 | +14.73 |
| 5 | FTM |
0.96 | +11.55 |
| 6 |  RAY |
1.99 | +10.51 |
| 7 |  RSR |
<0.01 | +9.70 |
| 8 |  INJ |
26.78 | +9.44 |
| 9 |  THETA |
2.34 | +8.59 |
| 10 | WIF |
2.70 | +8.58 |
| 11 | SUI |
1.11 | +7.75 |
| 12 |  GMX |
31.09 | +6.91 |
| 13 |  BEAMX |
0.03 | +6.73 |
| 14 |  GNO |
315.40 | +6.66 |
| 15 | SOL |
179.33 | +6.60 |
| 16 |  TRU |
0.13 | +6.16 |
| 17 |  AXL |
1.04 | +5.86 |
| 18 |  IOTA |
0.22 | +5.60 |
| 19 |  BNX |
1.15 | +5.41 |
| 20 |  LTO |
0.20 | +5.39 |
| 21 |  ARKM |
2.46 | +5.06 |
| 22 |  COS |
0.01 | +4.85 |
| 23 | AR |
48.69 | +4.64 |
| 24 | PEPE |
<0.01 | +4.51 |
| 25 |  ORN |
1.40 | +4.45 |
| 26 |  BOND |
3.04 | +4.43 |
| 27 |  TFUEL |
0.11 | +4.36 |
| 28 | BOME |
0.01 | +4.24 |
| 29 |  FORTH |
4.05 | +4.11 |
| 30 |  OCEAN |
0.97 | +4.11 |
The price of coins is falling rapidly.
(Update every 1 minute)
| at | from | is ($US) | reduce (%) |
|---|---|---|---|
| 1 | CREAM |
74.63 | -12.97 |
| 2 |  REZ |
0.10 | -10.92 |
| 3 |  OAX |
0.22 | -9.80 |
| 4 |  FARM |
74.64 | -7.53 |
| 5 | PEOPLE |
0.04 | -6.55 |
| 6 |  DEXE |
12.07 | -6.41 |
| 7 |  KP3R |
75.53 | -6.10 |
| 8 |  ALCX |
23.44 | -4.79 |
| 9 |  POLS |
0.70 | -4.76 |
| 10 |  DIA |
0.46 | -3.98 |
| 11 |  PORTAL |
0.73 | -3.80 |
| 12 |  WAN |
0.23 | -3.74 |
| 13 |  PHA |
0.20 | -3.70 |
| 14 |  LSK |
1.76 | -3.61 |
| 15 | BONK |
<0.01 | -3.51 |
| 16 | LINK |
16.48 | -3.13 |
| 17 |  XEC |
<0.01 | -2.91 |
| 18 |  BLZ |
0.28 | -2.77 |
| 19 |  RARE |
0.12 | -2.68 |
| 20 |  TIA |
8.81 | -2.54 |
| 21 |  AKRO |
<0.01 | -2.41 |
| 22 |  ACE |
4.54 | -2.41 |
| 23 |  ZRX |
0.55 | -2.13 |
| 24 | ORDI |
39.92 | -2.09 |
| 25 |  API3 |
2.43 | -2.02 |
| 26 |  PDA |
0.07 | -1.99 |
| 27 |  SYN |
0.77 | -1.90 |
| 28 |  DCR |
19.70 | -1.89 |
| 29 |  ELF |
0.52 | -1.87 |
| 30 |  MANTA |
1.48 | -1.86 |
Bitcoin's Greed and Fear Index.
?70
Greed
Global CryptoCurrency News
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US news that has a significant impact on the market
| at | news | day | date | time |
|---|---|---|---|---|
| 1 | FOMC Member Bostic Speaks | Monday | 20-05-2024 | 12:30 |
| 2 | FOMC Member Bostic Speaks | Monday | 20-05-2024 | 13:45 |
| 3 | FOMC Member Waller Speaks | Monday | 20-05-2024 | 14:00 |
| 4 | FOMC Member Barr Speaks | Monday | 20-05-2024 | 14:00 |
| 5 | FOMC Member Jefferson Speaks | Monday | 20-05-2024 | 15:30 |
| 6 | FOMC Member Mester Speaks | Monday | 20-05-2024 | 19:00 |
| 7 | Treasury Sec Yellen Speaks | Tuesday | 21-05-2024 | 09:00 |
| 8 | FOMC Member Waller Speaks | Tuesday | 21-05-2024 | 14:00 |
| 9 | FOMC Member Barkin Speaks | Tuesday | 21-05-2024 | 14:00 |
| 10 | FOMC Member Williams Speaks | Tuesday | 21-05-2024 | 14:05 |
| 11 | FOMC Member Bostic Speaks | Tuesday | 21-05-2024 | 14:10 |
| 12 | FOMC Member Barr Speaks | Tuesday | 21-05-2024 | 16:45 |
| 13 | FOMC Member Mester Speaks | Wednesday | 22-05-2024 | 00:00 |
| 14 | Existing Home Sales | Wednesday | 22-05-2024 | 15:00 |
| 15 | Crude Oil Inventories | Wednesday | 22-05-2024 | 15:30 |
| 16 | FOMC Meeting Minutes | Wednesday | 22-05-2024 | 19:00 |
| 17 | Unemployment Claims | Thursday | 23-05-2024 | 13:30 |
| 18 | Flash Manufacturing PMI | Thursday | 23-05-2024 | 14:45 |
| 19 | Flash Services PMI | Thursday | 23-05-2024 | 14:45 |
| 20 | New Home Sales | Thursday | 23-05-2024 | 15:00 |
| 21 | Natural Gas Storage | Thursday | 23-05-2024 | 15:30 |
| 22 | FOMC Member Bostic Speaks | Thursday | 23-05-2024 | 20:00 |
| 23 | Core Durable Goods Orders m/m | Friday | 24-05-2024 | 13:30 |
| 24 | Durable Goods Orders m/m | Friday | 24-05-2024 | 13:30 |
| 25 | FOMC Member Waller Speaks | Friday | 24-05-2024 | 14:35 |
| 26 | Revised UoM Consumer Sentiment | Friday | 24-05-2024 | 15:00 |
| 27 | Revised UoM Inflation Expectations | Friday | 24-05-2024 | 15:00 |
