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Coinbase has recently taken a strong stance against the Securities and Exchange Commission (SEC) for denying its rulemaking petition, deeming the decision as “arbitrary and capricious.” The crypto exchange expressed its dissatisfaction with the SEC’s action in a petition filed before the US Court of Appeals for the Third Circuit. By challenging this decision, Coinbase
Recently, Matt Hougan, Chief Investment Officer (CIO) at Bitwise Asset Management, discussed the growing interest and adoption of spot Bitcoin Exchange-Traded Funds (ETFs) on CNBC’s ‘Halftime Report’. This conversation coincided with Bitcoin (BTC) surpassing all expectations by reaching a new peak of almost $72,500. The influx of around $20 billion into the market after the
Readyverse Studios, alongside Futurverse Studios and co-founders Ernest Cline and Dan Farah, have recently announced their groundbreaking project: “Open.” This third-person battle royale game is creating a buzz in the gaming world due to its innovative use of Web3 technology and its incorporation of popular intellectual properties (IPs). Set to offer players a unique multi-biome,
The Biden administration recently unveiled its proposed budget for the year 2025, which includes several regulatory measures aimed at digital assets. These measures are expected to generate around $10 billion in additional tax revenue by 2025. One of the key focuses of the budget is closing a loophole that has allowed wealthy crypto investors to
Ethereum’s price has been on a rapid rally in recent weeks, surpassing various resistance levels. However, the price has now reached a significant level that could potentially halt the market’s upward momentum. Observing the daily chart, it is evident that the price has been consistently rising, creating higher highs and higher lows. The market has
Recently, Binance listed Metis (METIS) on its platform, which immediately had a positive impact on the price of the cryptocurrency. This listing came at a time when the broader cryptocurrency market was experiencing a resurgence, with major cryptocurrencies like Bitcoin (BTC) hitting record highs. Binance’s decision to list METIS aligns with its ongoing efforts to
Bitcoin, the world’s largest cryptocurrency asset, has reached a new milestone by surpassing its previous all-time high (ATH) of $69,000, achieved almost three years ago. This significant price increase has sparked excitement among cryptocurrency enthusiasts and experts who are eagerly predicting further upward movement for the digital asset in the coming months. One notable cryptocurrency