The House of Representatives failed to overturn President Biden’s veto of a crypto measure aimed at blocking a controversial SEC rule. This vote highlights the ongoing debate over how to regulate the rapidly evolving digital asset landscape. The Battle Over SAB 121 The heart of the controversy lies in the Securities and Exchange Commission’s Staff…
Whale Goes Shopping A big-time crypto investor, known as a “whale,” just spent a whopping $4 million on Uniswap (UNI) and Aave (AAVE) tokens. They bought these tokens from the Kraken exchange after depositing a bunch of USDC (a stablecoin). This whale now holds a huge amount of both UNI and AAVE, showing they’re bullish…
Cryptocurrency trading platform BitMEX has admitted to breaking US laws designed to prevent money laundering. BitMEX’s Illegal Activities The US Department of Justice (DOJ) says BitMEX, founded in 2014, failed to put in place proper systems to stop money laundering. The company, along with its executives, were accused of: Ignoring US laws: They didn’t register…
Matt Hougan, the big cheese at Bitwise Asset Management, thinks Bitcoin is on its way to becoming a mainstream investment. He’s super excited about the performance of Bitcoin ETFs this year, saying they’re showing signs of a “new asset class” being born. Bitcoin ETFs: A Gold Rush? Hougan compares the current Bitcoin ETF boom to…
The SEC’s approach to crypto has been under fire lately, with many accusing the agency of overstepping its boundaries. Congresswoman Waters Defends the SEC Congresswoman Maxine Waters, a strong supporter of the SEC, recently slammed a bill aimed at blocking the SEC’s Staff Accounting Bulletin (SAB) 121. She argued that the bill would “strip away…
A popular crypto analyst, Jason Pizzino, thinks Bitcoin (BTC) could soon reach a new all-time high. He’s telling his 330,000 YouTube followers that Bitcoin will likely skyrocket to a record price by the end of this cycle. A Long Road to the Top However, Pizzino says there’s a catch. He believes Bitcoin will stay below…
Solana, like Bitcoin and Ethereum, has been struggling lately. But even though the price is down, some analysts are seeing a bright future. Solana’s Past and Future One analyst, comparing Solana’s current situation to Ethereum in 2018, believes that Solana could see a massive price surge in the next bull market. Here’s the breakdown: Ethereum’s…
Crypto analyst Sheldon The Sniper believes now is the time to buy altcoins, predicting a big rally is coming soon. He shared his top picks and entry points for those looking to jump in. Sheldon’s Top Altcoin Picks Sheldon highlighted several altcoins he’s watching closely: XRP: Showing strong signs of recovery, he believes it could…
The crypto market is still a wild ride, with prices going up and down like a rollercoaster. A recent survey by CoinGecko asked over 2,500 people in the crypto world about their feelings on the future of digital currencies. The results show that opinions are pretty split. Bullish vs. Bearish: A Close Call Almost half…
Coinbase’s interest in listing Stader (SD) has sent the altcoin skyrocketing. The crypto exchange announced that SD is on its “listing roadmap,” meaning it could soon add support for the token. This news sparked a massive rally, with SD jumping from a low of $0.39 to a high of $0.85 in a single day, representing…
