Fri, January 10

US SEC Commissioner Lizárraga Announces Exit Amid Overhaul

Another high-ranking US Securities and Exchange Commission (SEC) officer has announced their impending resignation, drastically altering the trajectory of the agency. A statement made on November 22nd states that SEC Commissioner Jaime Lizárraga would resign on January 17th, which is less than three years after taking the oath of office.

November 23, 2024 2 mins read

Ethereum Futures Open Interest Hits $20.8B, Signaling Bullish Momentum

With a 12% increase to a record high of $20.8 billion on Friday, the futures open interest in Ethereum may be indicating positive momentum in the derivatives market. According to data from CMC, Ethereum has risen 7.31% in the last 7 days, trading at $3,279 at the time of writing.

November 23, 2024 2 mins read

CFTC Commissioner Summer Mersinger Advocates for Clear Crypto Regulations

At the North American Blockchain Summit on November 21st, CFTC Commissioner Summer Mersinger spoke about the need for notice and comment regulation in creating uniform US regulations around cryptocurrency. As the new allegations against Uniswap Labs demonstrate, the current “regulation by enforcement” policy is a joint effort by the SEC

November 22, 2024 2 mins read

Allianz Acquires 25% of MicroStrategy 2031 Convertible Note Offering

Allianz SE, the second-largest insurance company in Europe, has purchased close to 25% of MicroStrategy’s 2031 convertible notes for $750 million, indirectly supporting its Bitcoin-centered strategy. Allianz SE, the second largest insurance company in Europe, has made a bold move by buying almost 25% of MicroStrategy’s convertible notes due in

November 22, 2024 2 mins read

Will Trump’s Crypto Agenda Revolutionize the US Market?

Since Donald Trump was elected President of the United States, the political landscape has undergone significant changes, concerning the crypto industry. With policy shifts and key resignations like that of SEC Chair Gary Gensler, the crypto environment in the U.S. has become increasingly dynamic.  One of the most notable developments

November 22, 2024 2 mins read

Stellar XLM Price Breaks Out with FedNow news and Major Rally

Stellar XLM price has surged to $0.27, marking a new yearly high after breaking out of prolonged consolidation near $0.10. This major rally confirms a strong bullish trend, supported by technical patterns and interest in Stellar as a blockchain solution. Technical Analysis The XLM price chart shows a remarkable breakout

November 22, 2024 2 mins read

Was FTX Repayment Plan Announcement A Contribution to the Bull Run?

This day might rise as a remarkable milestone in crypto history, for two coinciding events taking place. Bitcoin has come closest to hitting the $1 million target with a new all-time-high standing at $99,000. This has led to a full-fledged bull run in the crypto market. The overall market cap

November 22, 2024 2 mins read

Charles Schwab to Enter Spot Crypto Market as Regulations Evolve

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

Gary Gensler to Resign as US SEC Chair in January 2025

SEC Chair Gary Gensler will be resigning from his post next year, according to the US Securities and Exchange Commission (SEC). Gensler has been under pressure to step down ever since Donald Trump was elected president of the United States. Gary Gensler’s departure from the US SEC is scheduled for

November 22, 2024 2 mins read

Phantom Wallet Hits Top 10 in iOS App Store Amid Rapid Climb in Rankings

This past Wednesday, the crypto wallet platform Phantom hit an all-time high ranking in the iOS app store. For the first time ever, Phantom cracked the top ten of the best free iPhone applications, coming in at number nine. It lagged behind the short-form video app TikTok, which took eighth

November 21, 2024 2 mins read
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