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
After six weeks of negative withdrawals, spot Ethereum exchange-traded funds based in the US have had their strongest weekly inflows since early August. One of these funds has achieved a historic milestone: a net asset value of more than $1 billion. After six weeks of net weekly withdrawals, US-based spot
The crypto market has seen fresh motivation for growth with Bitcoin’s latest liquidity growth through the ETFs. This latest development has raised investors’ belief, with Bitcoin and crypto experts suggesting that the 2024 bull run is here. This prediction doesn’t leave altcoins like Kaspa Coin and Bitgert out. Analysts Predict
As the growth of the crypto market reaches another level, many indicators suggest that major assets will be a decisive year in 2025. Leading the charge are Bitcoin, Ethereum, and Rexas Finance, a newly emerging token already praised as the “Cardano-Killer.” These three tokens are expected to bring great gains:
One of the most important factors in the future of Web3 and cryptocurrency, according to CryptoQuant CEO Ki Young Ju, is regulation. Ju said in an X post from September 29 that crypto and Web3 could “thrive responsibly” if the appropriate regulations were in place to reduce the prevalence of
Former Chinese finance minister Lou Jiwei called on China to carefully study cryptocurrency progress during his comments at the 2024 Tsinghua Wudaokou Chief Economists Forum in Beijing. The speech was reported by Sina Finance and it said that the former minister warned about the dangers of cryptocurrency, including its volatility
Ethereum whale transactions have surged this week as the price of ETH shows signs of recovery. A notable whale, inactive for four months, made significant moves, cashing out 12,979 ETH valued at $34.3 million. This whale, with a profit of $58.8 million, originally acquired 21,632 ETH from ShapeShift and Poloniex
Ethereum (ETH) finds itself at a critical juncture as it grapples with the challenge of establishing a firm foothold around the $3,000 mark. The second-largest cryptocurrency by market capitalization has faced headwinds in the form of tepid institutional inflows and wavering investor confidence. However, market observers anticipate a potential shift
In the theatre of Finance, cryptocurrencies, Bitcoin and Ethereum, are emerging as top performers holding audience attention unfettered. The last 24 hours, saw Bitcoin climb to its crucial resistance level – $65K. Following this, Ethereum broke its $2.5K resistance yet again this week. The altcoin, despite its recent price slump,
The cryptocurrency market is gearing up for a potential bullish surge in October, famously dubbed “Uptober,” following a historically positive trend during this month. Uptober, a blend of “Up” and “October,” represents the expected bullish performance of Bitcoin and other altcoins based on historical data. According to Coinglass, Bitcoin has
