A change in leadership, especially a nationwide one can instigate a wave of changes. With new presidential terms incoming in the USA, its leading crypto regulator, the Securities and Exchanges Commission (SEC) is also expected to undergo a leadership change. This is in accordance with Donald Trump’s promise to fire
The 2024 US elections, which elected Donald Trump, drove the global crypto market to $2.47 trillion, confirming a foray into the ‘greed’ zone. Dominant player, Bitcoin (BTC), marked the day for hitting its new all-time high (ATH) — the ATH Day as celebrated by the community. On this ATH Day,
Months after the Terra Luna collapse in Q2 2022, the pace of crypto fundraising slowed, falling below $3 billion—a level it has yet to regain. October 2024, however, marked a bullish trend by reaching a 28-month peak with $2.45 billion in total fundraising. According to CryptoRank, total fundraising last month
A group of major players in the fintech and crypto world—Robinhood, Kraken, Galaxy Digital, and Paxos—have launched a new stablecoin, the Global Dollar (USDG), pegged to the US dollar and aimed at boosting accessibility and rewarding community engagement. [1 / 4] Today, we’re launching Global Dollar Network (@global_dollar ) —
After reviewing Bitstamp’s application, the Securities Market Agency in Slovenia granted the company a Multilateral Trading Facility (MTF) license. With this authorization, the exchange may provide its retail and institutional customers with more advanced financial products. Moreover, the license grants Bitstamp the ability to provide crypto derivatives products including perpetual
The cryptocurrency market is recovering from the bear hold after Bitcoin broke above $68K. While the largest altcoin, Ethereum (ETH) has not yet gained substantially. Notably, this month opened with an anticipated bull run, as it’s considered as Uptober. Over the day, the altcoin recorded the lowest price at $2,592.
Cryptocurrency exchange Coinbase Global Inc. has announced plans to delist stablecoins that do not comply with the new requirements across the European Economic Area (EEA) by the end of this year. The European Union’s Markets in Crypto-Assets (MiCA) regulation moves toward full implementation by the end of 2024. Coinbase plans
Uptober remains the talk of the day in the cryptocurrency sector as investors anticipate the historical bull run to occur this year as well. Meanwhile, several firms such as Ripple and Robinhood have announced expansions to new national sectors. Notably, the EigenLayer token was listed on Binance in the early
Improper stablecoin investment programs and unregistered selling of securities were among the allegations levied against TrueCoin and TrustToken by the US Securities and Exchange Commission (SEC). As stated in the agency’s news release, the SEC has settled the allegations against the businesses and ordered them to pay a combined penalty
Altcoins have shown mixed signals this week, with Ethereum, the largest altcoin, grappling to hold its ground. Its price remains caught between crucial support and resistance levels, recently dropping below $2,400. Notably, over the past 24 hours, despite price fluctuations, ETH witnessed a moderate spike of 1.52%. At the press
