In a recent address to lawmakers, Rostin Behnam, the Chair of the Commodity Futures Trading Commission (CFTC), emphasized the critical need for legislative action to regulate the burgeoning cryptocurrency market. As digital assets like Bitcoin experience significant value increases, Behnam advocates for the passage of the Financial Innovation and Technology for the 21st Century Act, […]

In a bid to salvage its distressed situation, New York Community Bank (NYCB) has agreed to a $1 billion deal with a couple of investors. The New York Community Bank Crisis The last few weeks came with a lot of pressure for New York Community Bank as its shares is known to historically fall significantly […]

Crypto markets are bracing for impact as the Fed’s mixed signals are making it difficult to navigate the rate cut trajectory. Fed chair Jerome Powell in a testimony predicted that rate cuts would happen this year however, reiterated that the Fed would gauge the inflation rate before finally deciding to cut rates. With the looming […]

Dogwifhat Price: The meme cryptocurrency has emerged as a high-performance sector in the last two weeks as assets like Shiba Inu, Dogecoin, Pepe coin, and Dogwifhat have showcased triple-digital gains. Despite the recent sell-off in the broader market, these managed an immediate rebound to display sustainability at higher prices. Will the recovery momentum push the […]

Solana price forecast: SOL has witnessed an impressive surge in its value, showcasing a robust performance in the cryptocurrency market. Since October, the value of SOL Coin has skyrocketed, registering an increase of more than 500%, indicating a bullish trend.  Despite this remarkable growth, Solana’s price has slightly adjusted downwards by 3% over the last […]

Hut 8 Mining Corp, a leading player in the cryptocurrency mining industry, announced the immediate closure of its Bitcoin mining facility in Drumheller, Alberta, Canada. The decision comes in the wake of escalating energy costs and power disruptions, severely impacting the site’s profitability. This move is part of Hut 8’s broader strategy to navigate through […]

Uniswap Price: Amid a hyperactive bullish market phase, the Decentralized exchange Uniswap’s native token (UNI) enters the top performers list with a 19.28% intraday surge. The massive jump in the token’s valuations comes with the increased investor’s confidence with the new altcoin season. Thus, the breakout 2-year-long resistance indicates a pivotal trend reversal entry opportunity […]

In what seems like an irony, top Bitcoin (BTC) critic Peter Schiff is requesting payment in BTC for his newly launched gold ordinals. Is Peter Schiff Changing His Bitcoin Stance? On Wednesday, Peter Schiff encouraged his followers to purchase his Bitcoin Ordinals called “Golden Triumph” with their “overpriced” Bitcoin.  These Ordinals are a set of […]

A recent settlement between the Securities and Exchange Commission (SEC) and cryptocurrency firm ShapeShift has received criticism from within the agency. SEC Commissioners Hester Peirce and Mark Uyeda have made public statements to show their dissatisfaction with the current situation when they believe that the SEC, in general, and this enforcement case in particular, has […]

David Schwartz, the Chief Technology Officer (CTO) of Ripple, recently articulated his doubts regarding Craig Wright’s long-standing assertion that he is Satoshi Nakamoto, the enigmatic founder of Bitcoin. This development adds a new chapter to the ongoing debate over Nakamoto’s true identity, a mystery that has captivated the cryptocurrency community since Bitcoin’s inception. David Schwartz’s […]