Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently ignited discussions among investors and traders alike with its latest price movements. After an extended period of stagnation, ETH has experienced a surge of around 5%, pushing its price above the significant $3,200 threshold. This shift in momentum prompts a closer analysis of whether Ethereum’s
The cryptocurrency market is notoriously volatile, often swayed by regulatory developments and the actions of industry figures. The recent announcement by Gary Gensler, the current Chair of the Securities and Exchange Commission (SEC), has sent Ripple’s XRP token soaring to new heights, exceeding $1.40 for the first time in years. On January 20, 2025, the
Bitcoin, the pioneering cryptocurrency, continues to capture the attention of investors and analysts as its price trajectories exhibit intriguing patterns, particularly surrounding U.S. election cycles. Recent predictions from crypto analyst TechDev suggest a potential Bitcoin price ascension to $139,000 in the current market phase, a figure rooted in the historical relationship between Bitcoin and election
In a significant development for the beleaguered cryptocurrency exchange FTX, the company and its affiliated debtors are anticipating the implementation of their Chapter 11 Plan of Reorganization, projected to be executed by January 2025. This plan aims to establish the frameworks for addressing claims from creditors and customers alike. As per the latest timeline released
In 2019, South Korea’s cryptocurrency landscape faced a significant blow with the Upbit incident, where hackers absconded with an astounding $50 million worth of Ethereum (ETH). Recent investigations have illuminated the perpetrators as members of North Korean hacking groups, Lazarus and Andariel, which are associated with the country’s intelligence agency, the Reconnaissance General Bureau. This
In a significant announcement set to reshape the NFT landscape, Magic Eden has unveiled its upcoming ME token airdrop, boasting a staggering prize pool exceeding $300 million. Scheduled for implementation in early 2024, this event represents one of the most monumental community-oriented airdrops in the history of blockchain technology. This article will delve into the
Chris Giancarlo, often referred to as “Crypto Dad,” has emerged as a pivotal figure in the evolving landscape of cryptocurrency regulation in the United States. Having served as the chair of the Commodity Futures Trading Commission (CFTC) from 2017 to 2019, Giancarlo has been instrumental in recognizing and facilitating innovations within the financial technology sector.
Samuel Edyme, affectionately known as HIM-buktu, epitomizes the modern digital renaissance man nestled within the realms of web3. A versatile content creator, he has established a significant presence within the blockchain ecosystem, contributing to notable platforms such as AMBCrypto, Blockchain.News, and Blockchain Reporter. His foray into this tumultuous, volatile universe, however, is anything but conventional.
In a remarkable turn of events, a federal court has invalidated the Securities and Exchange Commission’s (SEC) contentious dealer rule, marking a pivotal moment in the ongoing clash between regulators and the burgeoning crypto sector. The US District Court for the Northern District of Texas delivered its ruling on November 21, declaring that the SEC
Gary Gensler’s impending resignation as Chairman of the U.S. Securities and Exchange Commission (SEC) on January 20, 2025, marks a significant milestone not only for the agency but also for the broader financial landscape in the United States. His tenure, which began in April 2021, will be remembered for its regulatory fervor, especially in relation