Following a series of controversies, two SEC lawyers, Michael Welsh and Joseph Watkins, have decided to resign from their positions as lead attorneys in the legal case against crypto firm DEBT Box. The decision to resign came after the regulator made it clear that they would be terminated if they did not step down from
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Recently, reports have emerged regarding a new Ethereum (ETH) whale that has been making significant purchases in the cryptocurrency market. This whale, who has spent over $405 million on ETH since March 31, is suspected to be Tron founder Justin Sun. The blockchain research platform Lookonchain has uncovered the activity of this mysterious whale, shedding
The recent price crash in the Cardano market sent shockwaves through the crypto community. However, as the market begins to recover, analysts are starting to see positive signs for ADA’s future. One particular crypto analyst, known as CobraVanguard, is predicting a bullish continuation towards $1 for Cardano. The crypto market crash, triggered by Bitcoin, led
In response to the rapid growth and increasing complexity of the digital assets industry, the Hong Kong Securities and Futures Professionals Association (HKSFPA) has proposed the establishment of independent self-regulatory organizations (SRO) specifically dedicated to overseeing the sector. This initiative aims to enhance the regulatory landscape in Hong Kong to support innovation and security within
The recent volatility in the cryptocurrency market has not spared Ethereum (ETH), the second largest crypto token by market cap. Despite the fluctuations in prices, data from Coinglass reveals that the majority of Ethereum investors and traders maintain a bullish outlook on the crypto token. This is evident in the continuous opening of long positions
FTX creditors are being encouraged to take part in the bankruptcy estate’s planned auction of the remaining Solana token holdings. This move comes after Figure CEO Mike Cagney announced that the upcoming round of locked Solana token sales by FTX will be conducted through an auction process. Unlike before, where the tokens were sold directly
The B3 Brazilian stock exchange made headlines when it announced that it would be offering Bitcoin futures trading back in March. This move was a significant one for the stock exchange and marked a new era in cryptocurrency trading in Brazil. Now, with the official launch of Bitcoin futures trading, B3 has already seen incredible
The recent completion of the fourth Bitcoin halving event has ushered in a new era of challenges for miners in the cryptocurrency ecosystem. The reduction in block rewards from 6.25 BTC to 3.125 BTC has significantly decreased the daily production of assets, putting pressure on miners’ profitability. This shift forces miners to rely more on
As we look ahead to the upcoming week, the economic calendar in the United States is packed with key events that have the potential to impact the cryptocurrency markets. The Federal Reserve’s key inflation metric is set to take the spotlight, possibly influencing monetary policy decisions moving forward. New home sales figures, April’s S&P Global
Kenyan authorities are working diligently to extradite Nadeem Anjarwalla, a Binance executive wanted by the Nigerian government. A joint operation involving multiple agencies including the EFCC, Nigeria Police Force, Kenya Police Service, FBI, and INTERPOL successfully apprehended him in Kenya after an extensive search. Following his arrest, it was revealed that Anjarwalla is facing extradition
For years, drivers have faced countless challenges when it comes to fueling and charging their vehicles. From unpredictable gas prices to cumbersome transaction processes and limited access to refueling stations, the landscape of mobility has been riddled with obstacles. These issues have not only caused frustration among daily commuters but have also impacted road-trip enthusiasts
Yuga Labs, the creator of the popular Bored Ape Yacht Club (BAYC), recently made a bold decision to burn 4,295 HV-MTL NFTs, which represents 14% of the total supply. This strategic move was aimed at increasing the value of the remaining NFTs in the collection by creating scarcity and driving up demand for the assets.
The highly anticipated Bitcoin halving event has finally taken place, marking a major milestone in the cryptocurrency world. This phenomenon, which occurs every four years, involves cutting the rate at which new coins are created in half. The Bitcoin halving has historically had a significant impact on the entire crypto market, but what does it
Ethereum has been experiencing price volatility in the past seven days, hovering around $3,170. Despite this volatility, on-chain data has indicated a trend of accumulation among Ether investors. Over $500 million worth of ETH has been withdrawn from centralized exchanges in the past week, marking the highest single-week outflow from exchanges on the Ethereum network