The demand for bitcoin (BTC) in the United States has been on the rise recently, particularly following comments made by Federal Reserve chair Jerome Powell at the Jackson Hole symposium. This increased interest in BTC from U.S. investors has been reflected in various metrics, such as the Coinbase Premium, which surged to 0.11%, its highest
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As the highly-anticipated 2024 bitcoin bull run continues to unfold, it is quite evident that the journey towards the coveted $100,000 mark has hit some roadblocks. Despite breaking its 2021 all-time high earlier in the year, Bitcoin has struggled to maintain its momentum and has faced several challenges along the way. While hopes were high
The US Securities and Exchange Commission (SEC) recently emphasized the crucial need for retail investors to have more timely access to fund portfolio data. This data is vital for making informed investment decisions, especially during market uncertainties such as the COVID-19 pandemic and geopolitical events. Currently, the regulatory framework requires registered investment companies to provide
Recently, the U.S. Securities and Exchange Commission (SEC) filed a complaint against brothers Jonathan Adam and Tanner Adam for allegedly running a $60 million Ponzi scheme. The complaint was lodged in the United States District Court for the Northern District of Georgia, Atlanta, accusing the siblings of defrauding over 80 individuals. The brothers purportedly claimed
Semilore Faleti is not your average cryptocurrency writer. With a background in journalism and content creation, he has quickly made a name for himself in the world of blockchain and digital assets. While many writers struggle to grasp the complexities of the cryptocurrency space, Semilore has shown a unique ability to break down these intricate
Ethereum (ETH) has been facing challenges in the market as it struggles to break past the $2,600 mark. Critical data from Farside Investors reveals a decline in interest in Ethereum ETFs, which has added to the cautious sentiment surrounding ETH. This lack of enthusiasm may indicate broader concerns about Ethereum’s future performance in comparison to
Centralization in the cryptocurrency space has become a point of contention, with some of the most popular project tokens displaying a high concentration of holdings among a few top wallets. For example, Polygon (MATIC) and Shiba Inu (SHIB) have emerged as leading examples, with Polygon’s top ten wallets controlling 69.4% of its total market capitalization
The United Kingdom’s attractiveness to crypto firms has been on the decline in recent years, with many companies turning away due to burdensome and time-consuming regulatory processes. According to a report by the Financial Times, registrations for crypto asset exchanges and custodian wallet providers with the UK’s Financial Conduct Authority (FCA) have decreased by more
Vitalik Buterin, the co-founder of Ethereum, has recently made some significant transfers of ETH, raising questions and discussions within the cryptocurrency community. According to reports, Buterin moved 800 ETH, valued at $2.01 million, to a multisig wallet. Subsequently, 190 ETH from this wallet was exchanged for 477,000 USDC, a stablecoin pegged to the U.S. dollar.
The Nigerian Securities and Exchange Commission (SEC) recently announced the granting of “Approval-in-Principle” to two local crypto exchanges, Busha Digital Limited and Quidax, allowing them to begin operations under the Accelerated Regulatory Incubation Program (ARIP). This program was established to facilitate the onboarding of operational firms in preparation for the release of the Rules on