The recent announcement from the U.S. Department of Labor (DOL) to withdraw Compliance Assistance Release No. 2022-01 marks a pivotal moment for fiduciaries overseeing 401(k) plans. By rescinding outdated guidance that impeded the inclusion of cryptocurrency in retirement portfolios, the DOL is taking a brave step toward empowering financial professionals and allowing them to make
In a surprising and somewhat disheartening move, Frag Lab has announced that its sci-fi first-person shooter, Shatterline, will terminate its online multiplayer servers in favor of a newly minted single-player format come June 26. Once a promising contender in the free-to-play multiplayer arena, Shatterline now finds itself marking a significant pivot away from the much-coveted
Bitcoin, the titan of the cryptocurrency world, recently showcased both its allure and its volatility. Last week’s trading saw the leading digital asset tearing through resistance levels only to retreat and calm down around the $109,000 mark. While a climb to an impressive near-$112,000 and a slight dip thereafter captured headlines, the turbulent journey reflected
In the world of cryptocurrency, the volatility of the market is as famous as the overwhelming allure of potential profit. Ethereum (ETH) stands at the forefront of this spectacle, showcasing a remarkable ability to rebound and rally against unfathomable odds. Over the last month alone, ETH has surged over 50%, a staggering figure that has
As we navigate the tumultuous waters of cryptocurrency, few assets draw as much attention as TRON (TRX). In a world dominated by Bitcoin (BTC), investors often overlook the potential of lesser-known altcoins, yet TRX stands out with its bullish prospects. With its market correlation to Bitcoin potentially serving as a springboard, the case for TRX’s
Cryptocurrency has long captured the imagination of both seasoned investors and newcomers alike, yet Bitcoin remains the evergreen star of this volatility-fueled show. With consistent updates and accurate reporting from market analysts, Bitcoin is once again on an upswing. Having recently bounded off a strategic re-accumulation zone, Bitcoin is positioning itself for what appears to
In the ever-shifting landscape of cryptocurrency, where speculative fervor meets optimistic innovation, Cardano (ADA) has recently caught the attention of both seasoned investors and novice traders alike. With its apparent resilience in the face of volatility, ADA has maintained a somewhat steady price trajectory over the past weeks. However, a critical look at the underlying
FTX’s repayment saga is far from the triumphant comeback its proponents might project. While the second phase of repayments has been initiated by BitGo, this hollow gesture is layered with complications and discontent among creditors. It may appear as progress on the surface—a semblance of accountability from one of crypto’s most notorious failures—but delve deeper,
Bitcoin’s tumultuous price action witnessed a startling drop to $107,500 on Monday evening, illuminating the cryptocurrency’s propensity for volatility. However, the narrative surrounding BTC is not merely a tale of price fluctuations; it’s a look into a market driven by speculative interests, regulatory news cycles, and broader economic concerns. Just days prior, Bitcoin jubilantly crossed
Bitcoin, the decentralized digital currency that once seemed like a fleeting trend, has solidified its position as a financial asset that demands respect and scrutiny. Despite being deemed a speculative investment, it operates within a narrative defined by volatility and dramatic price fluctuations. The latest analysis suggests that Bitcoin is at a critical juncture, with
Ethereum’s recent price stagnation around the $2,564 mark, following its climb past $2,700, unveils a complex scenario. While some might celebrate its resilience, particularly as the cryptocurrency market grapples with Bitcoin’s spectacular ascent from a lowly $16,000 to a dizzying $111,000, Ethereum’s narrative feels decidedly muted. This is not just a mere fluctuation but part
In a world where technological advancement is racing ahead, regulators often struggle to keep up. The U.S. Securities and Exchange Commission’s (SEC) recent efforts to explore how public blockchain technology can facilitate the trading and issuance of tokenized securities signals a critical pivot in financial regulation. While this endeavor is commendable, it raises serious questions
In a bold statement of faith in the future of Bitcoin, Adam Back, an influential Bitcoin advocate and CEO of Blockstream, has positioned himself at the forefront of a significant investment opportunity for a Swedish health tech firm, H100 Group AB. The funding round, amounting to 21 million SEK (around $2.2 million), marks an ambitious
In a bold stride towards digital innovation, FIFA is crafting a custom Layer-1 blockchain in partnership with Avalanche, aimed specifically at revolutionizing the way fans engage with digital collectibles on its FIFA Collect platform. This unprecedented move towards establishing the “FIFA Blockchain” marks a significant departure from the previously utilized Algorand ecosystem. The decision to
