Fri, November 15

Search Results for: ETFs

Ex-CEO of Mine Digital Charged with Fraud for Alleged $1.5M Theft

Grant Colthup, the former CEO of Mine Digital, faces serious fraud charges for allegedly stealing $1.5 million from a customer. This transaction occurred just two months before the firm collapsed in September 2022. The Australian Securities and Investments Commission (ASIC) announced the charges on October 21, detailing a transaction that

October 22, 2024 2 mins read

Bitcoin Slides to $66K After Bull Run Encounters Resistance at $69K

The overall crypto market has encountered a mild speed bump as the market cap has turned toward a bearish end. Meanwhile, the crypto regulatory landscape has shown some activity with Coinbase filing a FOIA request on US regulators. On the other hand, Bitcoin has incurred a modest price dip.  Other

October 22, 2024 2 mins read

Coinbase Files FOIA Requests on U.S. Crypto Regulations

Coinbase has intensified its push for regulatory transparency, filing two Freedom of Information Act (FOIA) requests against U.S. agencies. The exchange aims to shed light on the growing restrictions faced by banks dealing with crypto deposits. It particularly targets the Federal Deposit Insurance Corporation (FDIC) and other regulators involved in

October 22, 2024 2 mins read

Shiba Inu Analyst Predicts SHIB to Reach $0.00003 Level: Here’s When

Shiba Inu (SHIB) finds itself at the center of bullish speculation as market analysts predict an imminent surge in its value. The 13th-largest cryptocurrency by market capitalization has demonstrated impressive performance, recording a 30% increase over the past month, outpaced only by Dogecoin among the top 15 crypto assets. Pseudonymous

October 21, 2024 1 min read

Is Crypto Playing the Role of Cornerstone in the 2024 US Elections?

Since its origin, cryptocurrency has been closely intertwined with politics. The nature of the sector, with its open threat to centralized finance, has rendered politics to be its constant watchdog. Moreover, the need for regulations within digital assets, though contrary to crypto’s goals, still requires the involvement of political and

October 21, 2024 8 mins read

Bitcoin Dominance Climbs to 58% as ETF Inflows Continue

This week marked a significant development in the cryptocurrency market, as Bitcoin (BTC) rallied by 10.48%, reaching a weekly high of $69,000. With BTC now within striking distance of the crucial $70,000 psychological level, market participants are optimistic about its near-term trajectory, particularly as no major macroeconomic data is expected

October 19, 2024 2 mins read

UAE’s RAK DAO to Launch Legal Framework for DAOs

The UAE’s Ras Al Khaimah Digital Assets Oasis (RAK DAO) plans to introduce a legal framework for decentralized autonomous organizations (DAOs). This framework will be discussed at the DAO Legal Clinic, an event organized by the law firm NeosLegal, on October 25. Significantly, the new framework aims to clarify the

October 18, 2024 2 mins read

Kraken Launches New Wrapped Bitcoin kBTC as Competition Heats Up

In 2024, the global crypto market has seen significant developments, including the launch of Bitcoin ETFs and growing adoption by both institutions and governments. As we enter Q4, the momentum continues with new projects and innovations. The leading crypto exchange Kraken has joined the action by introducing its own wrapped

October 18, 2024 2 mins read