As traditional investment avenues face increasing scrutiny from economic fluctuations and inflationary pressures, corporations are exploring alternative asset classes to bolster their financial strategies. One of the most noteworthy developments in the digital asset landscape is the ongoing discussion surrounding Bitcoin’s inclusion in the treasury strategies of large corporations, notably Amazon. This exploration is not
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Ethereum (ETH) has recently captured the attention of crypto enthusiasts and investors alike, as the second-largest cryptocurrency by market capitalization experiences a significant price uptrend. Hitting a notable yearly peak of $4,096, ETH has stirred conversations around its potential for further gains, positioning itself as a leading player in a turbulent market. The climb past
As the cryptocurrency market continues to grapple with evolving regulations and heightened scrutiny from authorities, prominent figures within the industry are beginning to take decisive stands against practices they deem detrimental. Recently, Tyler Winklevoss, the co-founder of the Gemini crypto exchange, announced that his company would mirror steps taken by Coinbase, aiming to sever ties
On December 9, 2024, an unsettling message sent shockwaves through the Cardano community. The Cardano Foundation’s X account, purportedly compromised, circulated a false statement declaring that trading of its native cryptocurrency, ADA, would be suspended immediately due to alleged legal threats from the U.S. Securities and Exchange Commission (SEC). Fortunately, Cardano’s CEO, Charles Hoskinson, quickly
In an ever-evolving landscape characterized by rapid technological innovation and fierce debates over financial integrity, Semilore Faleti stands out as a voice of clarity in the realm of cryptocurrency journalism. His journey, ignited by an initial curiosity about various subjects, has led him to specialize in the intricate yet transformative field of blockchain and digital
The rise of cryptocurrency has heralded a new era of financial transactions, particularly through the use of crypto ATMs. However, this growth has not come without challenges, as the Australian Transaction Reports and Analysis Centre (AUSTRAC) has identified these automated machines as potential hotspots for illicit activities such as money laundering and terrorist financing. With
Bitcoin, the flagship cryptocurrency, has once again found itself precariously hovering near the psychological threshold of $100,000. Recent price action has demonstrated a struggle to maintain this significant figure, leading to heightened anxiety among investors regarding the sustainability of Bitcoin’s meteoric rise. However, while it may seem like a downward spiral, it is essential to
As the regulatory landscape for cryptocurrencies continues to evolve, a pivotal moment is approaching for the crypto community and SEC Commissioner Caroline Crenshaw. The U.S. Senate Banking Committee is set to make a crucial decision on December 11 regarding her renomination to the SEC. This decision comes as tensions between the regulatory body and the
Ethereum has encountered notable challenges in its quest to breach the $4,000 barrier, facing declines of approximately 3% recently, which has pulled its current price down to $3,850. Despite these immediate setbacks, there exists a palpable sense of optimism among market analysts. The narrative around Ethereum is not solely focused on its price movements but
In December 2023, Coinbase faced increased scrutiny over account restrictions imposed on its users, a situation that arose in the wake of heightened activity related to the US presidential election. The cryptocurrency exchange responded to these concerns through a statement on X (formerly Twitter), asserting that the account limitations were exaggerated and labelling the surrounding