The House Financial Services Committee has opposed the proposed Securities and the Exchange Commission(SEC) Staff Accounting Bulletin 121(SAB 121), a regulation that has become a heated ‘bone of contention’ between the financial and cryptocurrency groups. Consequently, the committee’s vote to advance a resolution disapproving of SAB 121 marks a significant step towards altering the landscape […]
Crypto Prices Today: Bitcoin At 61K, Ethereum Drops To 3300 As Solana & XRP Gain
The top crypto prices today registered a mixed action as the Bitcoin (BTC) price extended lower than $62,000 while several altcoins gained significantly. In addition, Ethereum fell below $3,400. Meanwhile, other top altcoins, such as XRP, Cardano (ADA), and Solana (SOL) gained in value. Major Crypto Prices Today The Bitcoin price recorded a notable correction. […]
Bitcoin (BTC) Price Records Best Monthly Close Since 2020, What’s Ahead In March?
February turned out to be a month of absolute rejoicing for Bitcoin investors, as the BTC price rallied all the way to $64,000 in pursuit of a new all-time high. The Bitcoin price climbed 3% to $62,216.43 on the last day of February. It experienced a surge to $64,000 on Wednesday before a wave of long […]
Shiba Inu Burn Rate Soars 30000%, Will SHIB Maintain Rally?
Following a remarkable month witnessed by Shiba Inu, one of the most renowned meme coins functioning atop the Ethereum blockchain, the dog-based meme token’s burn rate soared over a staggering 30000% today, March 1, nabbing global attention. This surge in burn rate promptly gained significant traction among crypto market traders and investors globally as Shiba […]
ByBit review 2024: Pros & Cons
In addition to being one of the safest cryptocurrency exchanges, the platform allows for some of the highest-leverage transactions available on the Bybit app. In our Bybit review, we look at every aspect of this cutting-edge trading platform to help you determine if the risk is worth it. The post ByBit review 2024: Pros & […]
OpenAI Sees Trademark Triumph in an Attempt to Stop “Misleading Branding”
OpenAI has reportedly won a case to keep the name “OpenAI” as its trademark. According to Reuters, Sam Altman’s firm blocked another company’s use of the trademark name in commerce. The court case win comes at a time when the firm is already battling a few other legalities. OpenAI Wins Trademark Battle According to Reuters, […]
Vanguard CEO to Retire, Will The Firm Rescind its Anti-Bitcoin ETF Policy?
In a statement issued on Thursday, Vanguard announced that Tim Buckley, the current Chairperson and CEO who has been in the position for over three decades, will retire by the end of 2024. Therefore, following the exit of Buckley, analysts and investors are attracted by the speculation and criticism of subjects like Bitcoin ETFs made […]
Ethereum Scaling Network Blast Goes Live, $2.3B Freed
The Ethereum layer-2 scaling solution, Blast, has officially launched its mainnet, marking a significant milestone in cryptocurrency. This launch has facilitated the release of over $2.3 billion in crypto assets previously locked up by users seeking to earn rewards through staking and participating in airdrop campaigns. The initiative, spearheaded by the founder of the top […]
Bitcoin Miners’ Reserves Stable Amid $40B Exchange Transfers
Bitcoin miners have kept their wallet reserves stable throughout February despite substantial financial movements within the cryptocurrency sector. According to recent data from CryptoQuant, miners’ Bitcoin holdings showed minimal fluctuation during the month, starting at 1.827 million BTC on February 1 and slightly increasing to 1.828 million by February 28. This stability comes amid a […]
Another Grayscale SEC Lawsuit Speculation Brewing, Here’s Reason
Known as historical legal opponents, the court drag between Grayscale Investments and the United States Securities and Exchange Commission (SEC) does not appear to be ending anytime soon. SEC Stalling on Bitcoin ETF Options Trading Decision From current speculations by legal experts in the industry, there are strong possibilities that Grayscale may choose to pursue […]