U.S. Senate voted 60-38 on Thursday to overturn the controversial SEC policy, Staff Accounting Bulletin No. 121 (SAB 121), following the House’s lead. Despite this legislative push, President Joe Biden has pledged to veto the resolution, arguing it would undermine investor protections and financial stability. A bipartisan coalition, including a
Spot bitcoin exchange-traded funds (ETFs) in the United States witnessed a notable uptick in total net inflows, reaching nearly $66 million in a single day. This surge propelled the cumulative total net inflow of these products since their listings to an impressive $11.75 billion. Leading the charge was Fidelity’s offering,
Bitcoin whales are making waves with significant accumulation moves. Today, two notable whales bought a staggering 791 BTC, equivalent to $49.8 million, seizing the opportunity at the market’s bottom. This strategic move comes amidst ongoing volatility and uncertainty in the digital asset space. One such whale, identified by the wallet
The cryptocurrency market has sustained a downward trajectory over the past week. The overall market has seen a decline of 3.6%, coupled with a significant 27% decrease in trading volume compared to the previous week. Despite this gloomy backdrop, hope flickers among traders, largely fueled by the resilience of select
In this OKB (OKB) price prediction for 2024, 2025-2030, we will analyze the price patterns of OKB by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. TABLE OF CONTENTS INTRODUCTION OKB (OKB) Current Market Status What is OKB (OKB)? OKB (OKB) 24H Technicals OKB (OKB)
VELO has emerged as a standout performer, reaching a nearly two-year high at $0.02861, marking a remarkable 13-month peak. Dubbed the “XRP of South East Asia,” VELO has been capturing the attention of crypto traders with its meteoric rise, surging by 113% in just a month. With its current trading
Bitcoin has been navigating choppy waters, trading at approximately $62.8K with a recent uptick of 2.06%. And, the trading volume has seen a modest increase of 0.99%, currently standing at $25 billion. Moreover, Bitcoin has experienced a downturn of 9.45% in the past month, marking a challenging period for investors.
US House of Representatives passed a resolution to overturn a contentious Securities and Exchange Commission (SEC) bulletin concerning accounting standards for cryptocurrency custodians. The resolution, passed by a vote of 228-182, garnered significant support from Republicans and 21 Democrats, underscoring growing tensions between legislative preferences and regulatory measures within the
The onset of 2024 brought with it the hype of an impending bull run, embracing a diverse range of participants including new explorers, established institutions, and investors. Events starting from the debut of spot Bitcoin ETFs in the US, BTC’s new ATH at $73K, Ethereum’s Dencun, memecoin frenzy, and Bitcoin
Securities and Exchange Commission (SEC) Chairman Gary Gensler’s recent remarks regarding the classification of Ethereum have sparked a flurry of responses within the crypto community. While Gensler refrained from directly addressing whether Ethereum should be classified as a security or a commodity, he commented on investor protection and regulatory concerns.
