The Digital Chamber (TDC) has recently made a bold call to Congress, urging the passage of legislation that would categorize certain non-fungible tokens (NFTs) as consumer goods rather than securities. This move comes in response to the Securities and Exchange Commission’s (SEC) increased scrutiny of NFT platforms, including a Wells notice issued to OpenSea, a
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Bitcoin price predictions have been a hot topic lately, with experts and analysts sharing their views on whether the cryptocurrency will see a new all-time high after the recent crash. While some remain bearish, there are still those who believe that bullish times are ahead for Bitcoin. One group of analysts from Bernstein falls into
The Cardano (ADA) ecosystem has seen significant growth in various key metrics, particularly following the anticipated Chang upgrade that was successfully implemented on September 1. Despite a bearish market sentiment affecting ADA’s price, the Cardano Foundation reported increased investor activity and blockchain usage. In a recent social media post, the Foundation highlighted the performance of
Samuel Edyme, known by his nickname HIM-buktu, is a multifaceted individual making waves in the world of web3 as a content writer, journalist, and aspiring trader. His portfolio boasts pieces for various industry players, such as AMBCrypto, Blockchain.News, and Blockchain Reporter, showcasing his versatility and skill with words. However, Edyme’s foray into the crypto universe
Bitcoin recently experienced a significant surge in price, rising from a daily low of $53,600 to over $58,000 in just one day. Many in the crypto community are left wondering what factors contributed to this sudden increase. One potential explanation lies in the activities of US spot Bitcoin ETFs, which have been influencing the price
The ongoing concerns raised by US Securities and Exchange Commission (SEC) Commissioner Hester Peirce regarding the SEC’s Staff Accounting Bulletin No. 121 (SAB 121) have stirred up a debate in the crypto industry. In a recent speech by SEC Chief Accountant Paul Munter on September 9, he reiterated the Commission’s unchanged stance on SAB 121.
In 2024, the US Securities and Exchange Commission (SEC) made headlines by imposing a staggering $4.68 billion in fines against various cryptocurrency companies. This amount represented the most aggressive regulatory efforts by the agency in its history, according to a report by Social Capital Markets. The total fines imposed by the SEC since 2013 amounted
In recent times, Gamee, a prominent player in the mobile gaming industry, has made a significant foray into the burgeoning blockchain gaming space with the introduction of its latest game, WatBird. This new game serves as a bridge between casual gaming and blockchain technology, aiming to provide an easily accessible entry point to the world
The landscape of the cryptocurrency market is constantly evolving, with new players emerging and established ones facing challenges. A recent report by research firm Kaiko has highlighted a significant shift in market share, particularly for leading exchange Coinbase. Coinbase, which once dominated more than half of the US crypto market share, has seen a sharp
In response to the recent hack on WazirX’s systems, Liminal took proactive measures to confirm the security of its infrastructure. Grant Thornton, a leading global auditor, conducted a comprehensive review to assess potential vulnerabilities within Liminal’s platform. The audit found no evidence of compromise in Liminal’s frontend, backend, or user interface, providing peace of mind
Friend.tech, once hailed as a decentralized social media platform with great promise, has hit a rough patch in recent times. The platform has been grappling with stagnation in user growth and a decline in user engagement. This decline in active users has left many in the Friend.tech community questioning the long-term viability of the platform.
Despite its popularity, Ethereum remains one of the worst performers among the top cryptocurrencies by market cap. The recent bearish movement in the market has caused the price of ETH to drop, putting many investors in a precarious position. If this trend continues, there is a real possibility that the price of Ethereum could fall
Bitcoin (BTC) recently experienced a significant price weakness over the weekend, triggered by the release of August nonfarm payrolls (NFP) data. The NFP data fell below analysts’ expectations, causing BTC to plummet by almost 5% and trade below the $54,000 range. This marked its lowest level since early August. Additionally, the broader crypto market also
Crypto analyst Daan Crypto has recently brought attention to a Bitcoin Rainbow Chart, shedding light on the current price action of the crypto market. Daan Crypto emphasized the importance of Bitcoin holding above the $60,000 mark in order to potentially see a bullish reversal. According to the analyst, breaking above $60,000 could pave the way