USA welcomes aboard its 47th President, Donald Trump after a six-month-long campaign and endless promises from electoral candidates. Kamala Harris lost the battle at a close 4% with Trump taking the majority. During the campaigns, Donald Trump endorsed the crypto sector intensely, making several promises. Firstly, the president showed high
The cryptocurrency market has become a spur of activity as Bitcoin hits a new milestone in ATH. The digital asset surged to the $75K level coinciding with market expectations and much to the joy of investors. US electoral events that influenced BTC price have been causing quite a frenzy instigating
In the last 24 hours, several interesting market activities occurred. The crash of the US stock market took the spotlight as the leading cryptocurrency Bitcoin also returned to the $69K level. Meanwhile, on the regulatory end, the SEC received a response from its recent Wells Notice receiver, Immutable. Crypto assets
The crypto market has shown positive price actions in the past 24 hours much to the relief of community members. On the other hand, today’s spotlight was cast on a US government-related wallet compromise and the subsequent loss of funds. Meanwhile, the Ripple Vs. SEC lawsuit has taken yet another
The global crypto regulatory landscape has been fighting for the spotlight this week. Several countries have made announcements in the past few days, and certain controversies have arisen. Notably, US SEC chair Gary Gensler, in a recent interview, announced that the ‘regulation by enforcement’ will proceed undeterred. In the last
The cryptocurrency sector faces regulatory discrimination on a daily basis and combating them isn’t a novelty. However, certain huge shifts may take us by surprise at first sight. For instance, in July, the US SEC’s approval of the spot ETH ETFs was entirely unexpected until a week before the approval.
The crypto community has witnessed some intriguing debates over the past day igniting the discussion panels. Recently hacked WazirX founder Nischal Shetty retorted to CoinSwitch CEO’s allegations on fund movements sparking much debate among degens. However, Michael Saylor caught the spotlight by suggesting handing Bitcoin custody to ‘big banks’. MicroStrategy
John Deaton and Elizabeth Warren engaged in a Senate debate on cryptocurrency regulations, showing clear differences in their views. Deaton, a crypto advocate, argued for a balanced approach. He warned that over-regulation could stop innovation in the sector. He pointed to Bitcoin and XRP as examples of crypto’s ability to
As the US Elections draw closer, the crypto community is waiting with bated breath to witness the regulatory reforms. However, they have also been observing the candidates’ approach to digital assets to reaffirm their political stance. While the Republicans have taken the lead in this regard, the Democrats continue to
Satoshi Nakamoto’s identity and the HBO documentary are the day’s talks for the crypto community. The HBO documentary has attempted to uncover the true identity of the creator of Bitcoin. Meanwhile, Ryan Salame, the former FTX executive’s 7-and-a-half-year prison sentence began in the past day. In reflection, the FTX token
