Gary Gensler will leave office as U.S. Securities and Exchange Commission Chairman on January 20, 2025. When his term since April 2021 would have ended. Since Donald Trump’s victory in the U.S. presidential election is expected to change expectations in regulation,. This makes his resignation inevitable. Trump has already indicated
Bitcoin recently reached a high of $102,037.76, continuing its upward trend. It is currently trading at $101,502.66, marking a 2.10% increase in the past 24 hours. The market cap now stands at $2.01 trillion, a 2.09% surge, while the 24-hour trading volume has risen to $58.1 billion, up 1.63%. The
The crypto community continues to rejoice in the upward momentum in the market over the past few days. Bitcoin has finally risen to the $101K level after days of consolidation. The timing couldn’t be better, as one of the external factors contributing is Trump’s inauguration day approaching. This has inadvertently
The crypto community is leaning increasingly towards bullish signals as activity increases and prices rise from the slump. This positive weather ahead of Donald Trump’s inauguration might result in further upward movements in cryptocurrency prices. Bitcoin has surged to the $99K level after much ado in the past weeks. Meanwhile,
The Securities and Exchange Commission (SEC) filed a lawsuit against Elon Musk, alleging that he violated federal securities laws during his 2022 purchase of Twitter, now known as X. The SEC claims Musk failed to disclose his ownership stake in Twitter promptly, allowing him to buy shares at “artificially low
The Asian crypto community has once again woken to a price consolidation in the market. Bitcoin has docked firmly at the $94K level causing anticipations among members. Meanwhile, JP Morgan’s recent investment in the cryptocurrency has caught the spotlight sparking discussions in our sector. On the other hand, the political-crypto
Mango Markets, a decentralized exchange (DEX) on the Solana blockchain, is closing down after facing legal problems. Which is including a settlement with the US Securities and Exchange Commission (SEC). The platform was launched in August 2021 and was meant to provide fast and affordable trading and borrowing using its
The community has seen quite some activity after the winter break. While prices have remained a sore spot, the regulatory landscape is slowly springing to action. With Gary Gensler’s resignation approaching fast, prominent personalities discuss their outlooks toward the sector’s regulatory future. Meanwhile, President-elect Donald Trump’s announcement of a Crypto
During the Asian trading hours, while the global crypto market is still facing a steep decline since Tuesday, the knock-on effects have not faded. However, Ripple’s native cryptocurrency, XRP, surged around 8% in the last 24 hours. After a significant dip from the $2.50 zone to around $2.21, XRP has
Nasdaq ISE has filed a proposal with the SEC to raise the position and exercise limits for iShares Bitcoin Trust ETF (IBIT) options. The exchange seeks to increase these limits from 25,000 to 250,000 contracts. This move reflects the ETF’s growing market cap and rising trading volume. Nasdaq ISE Proposes
