Through a June 9, 2023 press release, the Director of the Commodity Futures Trading Commission (CFTC) Division of Enforcement, Ian McGinley, advised that on June 8, 2023, a U.S. District judge had entered a default judgement order in favour of the CFTC, for a civil monetary penalty of US$ 643,542 against the Ooki decentralized autonomous […]
Arbitrum holding support well, Avorak Beta likely signaling a trade
Among the stable cryptocurrencies amid the volatile digital space is Arbitrum, as it holds on to its support level. The Ethereum layer 2 scaling solution has been performing well, and investors are leveraging this digital asset to make profits. Moreover, Avorak Beta offers an in-depth analysis and accurate, reliable trading signals that traders use, and […]
Republicans Aren’t Happy with the SEC and Gary Gensler’s Approach to Crypto Regulation
The Securities and Exchange Commission (SEC) and its head Gary Gensler are bullies. They are bullies to the crypto industry and to everyone who tries to issue digital currencies to the common public. Republicans Grill the SEC and Gary Gensler The actions of Gensler have ultimately made him the subject of wrath amongst various members […]
Solana Foundation Stands Against SEC’s SOL Security Classification
In its reply to recent allegations by US Securities and Exchange Commission (SEC), Solana Foundation firmly rejects classification of its SOL token as security
Ethereum and digitoads can rally as analysts predict bitcoin to reach $30,000 in June 2023
DigiToads and Ethereum are set to rally in 2023 despite weakness of late 2022. Bitcoin supporters forecast the coin to rally above $30,000 in June 2023
Ripple Top Lawyer Slams SEC Hypocrisy
Ripple’s general counsel drew attention to SEC’s inconsistencies
Bitcoin’s long-term prospects look…
A CryptoQuant analyst suggested that Bitcoin has a positive future due to various factors. However, selling pressure on miners could pose a threat to BTC’s future.
Ripple’s Impactful CSR: Pioneering Collaborations and Innovations for Social and Environmental Progress
Ripple has made significant progress in promoting financial inclusion through partnerships with NGOs and researchers, funding investments, and pilots. The RippleImpact 2022 report shows how it leveraged blockchain and digital asset technologies to empower underserved communities worldwide. Although being embroiled in a long-going battle with the US SEC, blockchain startup Ripple has been the forerunner […]
The crypto crackdown will alienate ‘would-be Democrats’: Cameron Winklevoss
The regulatory clampdown on crypto in the U.S. will “alienate an entire generation of would-be Democrats,” Cameron Winklevoss, the co-founder of crypto exchange Gemini, tweeted on June 11. The Democratic party would have lost the 2022 Presidential election without support from young voters, according to a CNN analysis. Therefore, securing young voters’ support, including millennials, GenZ, […]
Bitcoin Eyes Bullish Scenario as Thousands of BTC Acquired by Whales
Bitcoin’s whales defy price drop, accumulating a thousand BTC daily — bullish rebound imminent?