Dennis M. Kelleher, CEO of the nonprofit organization Better Markets, has expressed strong opposition to the approval of a spot Bitcoin exchange-traded fund (ETF) by the United States Securities and Exchange Commission (SEC). Kelleher argues that such an approval would contradict the principles of the regulatory body and expose investors to significant risks.In a letter […]
Bitcoin’s price has regained previously lost territory, sparking renewed hope among investors. This comes in the wake of reports suggesting that the US Securities and Exchange Commission (SEC) would reject the long-awaited Bitcoin spot exchange-traded funds (ETFs). However, the approval of these index funds is not expected to occur immediately, but sources indicate that the […]
Solana, a key player in the cryptocurrency world, has been the center of many discussions, especially concerning the adoption of Layer2 (L2) solutions. Anatoly Yakovenko, the co-founder of Solana, recently clarified the blockchain’s core mission and its stance on Layer2 solutions.Yakovenko made a definitive statement, dismissing the necessity of Layer2 solutions for Solana, labeling them […]
The US Securities and Exchange Commission (SEC) has lodged a motion against Binance, the world’s largest crypto exchange, in the US District Court for the District of Columbia. The motion draws parallels between its actions against Binance, Binance US, and its former CEO and founder, Changpeng Zhao, and the Terraform Labs case, where co-founder Do […]
The US Securities and Exchange Commission (SEC) has lodged a motion against Binance, the world’s largest crypto exchange, in the US District Court for the District of Columbia. The motion draws parallels between its actions against Binance, Binance US, and its former CEO and founder, Changpeng Zhao, and the Terraform Labs case, where co-founder Do […]
The Bitcoin (BTC) network has seen a significant increase in high-value transactions, a trend not observed in nearly two years. Crypto analyst Ali highlighted this trend, noting 16,900 transactions, each exceeding $100,000. This surge is a critical indicator of increased activity by Bitcoin whales – entities holding large amounts of BTC – and provides valuable […]
Crypto and Ethereum advocate Adriano Feria has expressed a bearish outlook on Solana, attributing his stance not to the coin’s price action, but to the blockchain’s top leadership. Feria has criticized Solana’s leading figures, including co-founder Anatoly Yakovenko and top developer Mert, labeling them as either “trolls” or “idiots.” He further expressed concern over Solana’s […]
Whale activity in the cryptocurrency market is making waves, with a staggering $780 million worth of major cryptocurrencies being moved. Bitcoin transactions make up nearly $500 million of this total, indicating a potential shift in the crypto landscape.These massive transfers include 3,167 BTC to Coinbase, 2,250 BTC between unknown wallets, and 1,815 BTC from Kraken […]
A recent survey conducted by Bitwise, a crypto asset manager, and VettaFi, a data and analytics platform, has revealed that most financial advisors are not hopeful about the US federal regulators approving the much-awaited spot Bitcoin (BTC) exchange-traded fund (ETF).The U.S. Securities and Exchange Commission (SEC) is set to make a decision on January 10th […]
In a recent revelation by TRM Labs, North Korean hackers have been implicated in significant cryptocurrency thefts in 2023, accumulating at least $600 million. The total stolen amount could potentially reach $700 million if additional hacks at the end of the year are confirmed to be the work of North Korea. Despite a 30% decrease […]
