Budding crypto writer with a keen interest in providing fresh insights and the latest updates in the crypto space. Enthusiastic about translating complex crypto concepts into clear, actionable information for readers.
Charles Schwab Corp. is preparing to offer spot cryptocurrency trading once U.S. regulations become more favorable. In a recent interview, incoming CEO Rick Wurster shared that the financial services giant is closely watching the regulatory landscape and expects changes under the incoming administration. This shift is anticipated to make it
November 22, 2024 1 min read
Bitcoin (BTC) reached a new milestone, breaking $99.3K for the first time, with a 24-hour increase of 4.4%. Its market cap climbed to $1.96 trillion, representing 59.2% of the global crypto market cap, which surged to $3.31 trillion. Trading volume also jumped by 31.25% in the past day, totaling $103
November 22, 2024 2 mins read
Binance Futures has officially listed USD-margined $SLERFUSDT and $SCRTUSDT perpetual contracts, offering leverage of up to 75x. Following the announcement, a crypto whale made a significant purchase, acquiring 6.13 million $SLERF tokens at $0.427 each. The transaction totaled 10,790 $SOL, or $2.62 million. After #Binance announced the launch of $SLERF
November 21, 2024 2 mins read
US spot Bitcoin exchange-traded funds (ETFs) have achieved a historic milestone, surpassing $100 billion in total assets. This comes just ten months after their debut in January, marking one of the fastest fund category launches in history. Twelve spot Bitcoin ETFs, including products from BlackRock Inc. and Fidelity Investments, reached
November 21, 2024 2 mins read
The U.S. Securities and Exchange Commission (SEC) has disbursed $4.6 million to investors affected by BitClave’s 2017 unregistered initial coin offering (ICO). The payout follows a settlement reached in 2020, where BitClave agreed to repay the $25.5 million raised during its ICO, in addition to paying $4 million in penalties
November 21, 2024 2 mins read
Bitcoin (BTC) surged to a new all-time high of $97,628 and is currently trading at $97,360 marking a 5.60% gain in the past 24 hours. The global crypto market cap climbed 2.77% to $3.15 trillion, driven by a pro-crypto U.S. government and institutional demand. Trading volume for Bitcoin rose 6.74%
November 21, 2024 2 mins read
The Royal Government of Bhutan has strategically accumulated Bitcoin worth over $1.1 billion, representing 34% of the nation’s GDP. This significant holding stems from Bhutan’s innovative use of its vast hydropower resources to mine. Bhutan has emerged as one of the largest state-level holders of cryptocurrency. Bhutan now ranks third
November 20, 2024 1 min read
Solana (SOL) is trading at $235.69, marking a 3.11% decline in the past 24 hours. The cryptocurrency has a market capitalization of $111.87 billion, with a market cap ratio of 6.20%. Over the last day, trading volume has dropped 11.03% to $6.88 billion. Despite this dip, Solana remains the fourth-largest
November 20, 2024 2 mins read
President-elect Donald Trump is reportedly considering Teresa Goody Guillén, a seasoned securities attorney and blockchain expert, to chair the U.S. Securities and Exchange Commission (SEC). Goody Guillén, a partner at BakerHostetler and co-lead of its blockchain team, has significant experience in securities law and blockchain advocacy. A crypto lawyer running
November 20, 2024 2 mins read
Binance’s announcement of a new asset, BFUSD, has sparked intense discussions in the crypto community. Although the platform advertised BFUSD as a high-yield margin asset with a 19.55% annual percentage yield (APY), many initially mistook it for a stablecoin due to its name and promotional comparisons to similar assets. Binance
November 19, 2024 2 mins read