Crypto News
Tether Engaging With Big 4 Accounting Firm: Report
Critics have raised questions about the stablecoin giant for not being independently audited.Source link
Perplexity AI Advocates for TikTok Takeover as Company Eyes $18 Billion Valuation
The company said it was “singularly positioned to rebuild the TikTok algorithm" in a blog post that appeared shortly after news reports that it was looking to raise a potential $1 billion.Source link
Bitcoin Price Analysis: $83K Support Tested as Momentum Wanes
Bitcoin is priced at $83,745 to $84,089 over the last hour as of March 21, 2025, with a market capitalization of $1.66 trillion. Over the last 24 hours, bitcoin’s trading volume reached $19.39 billion, and its intraday price fluctuated between $83,238 and $84,769. Bitcoin Despite attempts to rally, bitcoin continues to exhibit signs of bearishSource link
SEC ‘Earnest’ About Finding Workable Crypto Policy, Commissioners Say at Roundtable
WASHINGTON, D.C. — The staff at the U.S. Securities and Exchange Commission has embraced the chance to finally work with the crypto industry to hash out policy for overseeing digital assets transactions, said Commissioner Hester Peirce, the head of the agency's crypto task force.The securities regulator is ready "to seek earnestly to find a workable framework," Peirce said at the agency's first crypto-focused roundtable on Friday. "I think we're ready for the spring ahead," she said, referring to the title of the day's event, the "Spring Sprint Toward Crypto Clarity."The task, according to Peirce: "Can we translate the characteristics of a security into a simple taxonomy that will cover the many different types of crypto assets that exist today and...
Coinbase Could be Near Multi-Billion Dollar Deal for Deribit: Bloomberg
Leading U.S. crypto exchange Coinbase (COIN) is in advanced acquisition talks with leading global crypto derivatives exchange Deribit, reports Bloomberg.According to the story, the companies have notified Dubai regulators (where Deribit is licensed) about the discussions.Bloomberg earlier this year — alongside rumors that Kraken was discussing an acquisition — reported Deribit could be valued in the area of $4 billion to $5 billion.Mostly known for its spot trading business, Coinbase (COIN) would be making a big push into the highly profitable crypto derivatives market with a purchase of Deribit, which say trading volume in 2024 of nearly $1.2 trillion — almost double that of the year prior.Source link