Ladan Stewart, formerly a lead crypto enforcer at the U.S. Securities and Exchange Commission (SEC), has recently provided clarity on the position of the agency towards cryptocurrencies, stating that there is no anti-crypto agenda. Stewart, who worked for the SEC’s Division of Enforcement for more than eight years, shared her experiences and understanding of the […]
Bitcoin Whale Numbers Rise as Market Sees Price Volatility
Bitcoin (BTC) has showcased notable price fluctuations, with its value-making movements around the $43,000 mark. Despite a slight decrease of 0.14% in the last 24 hours, bringing the price to $43,060.65, the cryptocurrency has seen a range between $42,584.34 and $43,252.05. Amidst this volatility, an interesting trend has emerged concerning the behavior of Bitcoin whales, […]
Former PayPal President Lauds Bitcoin, Calls It Future Native Currency Of AI
In a riveting turn of events, despite Bitcoin’s recent turbulent price action, former PayPal president David Marcus took a bullish stance on the world’s largest crypto by global market cap. Speaking with Michael Saylor at the Bitcoin for Corporations event 2024, Marcus proclaimed Bitcoin to be the future native currency of AI (artificial intelligence), sending […]
Issues With Bitcoin Mining Beyond Excessive Power Usage: Analysis
Bitcoin mining has always been under scrutiny for its high power consumption. However, a recent New York Times report highlighted how the only issue with Bitcoin mining is not its high electricity consumption. Problems with the intense process of creating the OG cryptocurrency range from increased environmental pollution to human resource implications. The following analysis […]
Bitcoin Price: Will BTC Price Go Lower or Rise In May 2024?
Fluctuations are the order of the day in the cryptocurrency landscape, as the global crypto market tries to recover with an increase of approximately 2% in market capitalization to record 2.17 trillion. The value of Bitcoin (BTC) is still a hotly debated topic as it steadily decreases in price, despite the recently completed Bitcoin halving. […]
Key Events to Impact Crypto and Bitcoin This Week as Powell Wary of Rate Cuts
US Federal Reserve (Fed) Chair Jerome Powell in the 60 Minutes interview further confirmed that the central bank is more cautious about rate cuts, especially after the recent economic data. He said the US economy remains strong and the FOMC wants to see more evidence of inflation moving down to 2%, denying the theory that […]
Solana (SOL) Shoot 9% On Franklin Templeton Endorsement
Investment asset management firm Franklin Templeton published a report detailing Solana’s (SOL) accelerated adoption over some time. With the validation from the firm, Solana has jumped by more than 9% to $138.46. Franklin Templeton Lauds the Solana Resilience Solana’s survival and resilience after the unfortunate implosion of the FTX cryptocurrency exchange were identified. The cryptocurrency […]
FSC Introduces Vetting for Crypto Company Executives in South Korea
The Financial Services Commission (FSC) of South Korea has unveiled a revised reporting system for virtual asset service providers (VASPs). This action aims to strengthen the regulatory framework for recruiting executives and representatives in the crypto industry. The new regulations require a stringent recruitment process by the authorities before the official appointment of new executives, […]
Ryan Salame Ex-FTX Exec Relinquishes Bahamas Property in Legal Settlement
Ryan Salame, previously serving as the co-chief executive of FTX Digital Markets, has reached a significant legal agreement regarding his multimillion-dollar property situated in the Bahamas. As part of a plea deal in connection to a criminal case, Salame has consented to the transfer of his Bahamian residence. This transfer forms a crucial component of […]
Underperforming Bitcoin ETFs to Likely Improve in the Future
Bitcoin ETF approval was a landmark decision for the entire digital currency sphere, giving a mainstream platform to the virtual asset. However, since the approval of the ETFs, only two of them have emerged as a great success. These two ETFs, namely Blackrock and Fidelity have dominated the ETF sphere with high inflows since their […]