Bitcoin has taken a significant hit recently, plummeting below key price points. This downturn comes amid various market dynamics, including decisions from the Federal Reserve (FED) and actions by institutional holders. Let’s delve into the key factors influencing this trend. Bitcoin and the FED’s Impact The Federal Reserve’s recent announcements have had a considerable impact […]
The buzz in the crypto world is all about the upcoming Ethereum ETF. The SEC is expected to approve it by mid-July. Major financial players like BlackRock and Fidelity are ready to roll out their Ethereum ETFs. This news is huge! Just think about the success of Bitcoin ETFs earlier this year. The excitement is […]
Keith Gill, known as Roaring Kitty, is a famous GameStop promoter. Recently, he faced a lawsuit from an investor named Martin Radev. The lawsuit accused Gill of securities fraud. Surprisingly, it was dropped just three days after being filed. Gamestop Lawsuit Dropped Without Prejudice Radev’s lawsuit claimed that Gill orchestrated a “pump and dump” scheme. […]
Cambridge, MA, United States, 2nd July 2024, FinanceWire
AMBCrypto’s extensive survey of 7,259 memecoin investors has shed light on the diverse strategies and motivations shaping the volatile memecoin market. With memecoins like SHIB, DOGE, and PEPE making up 2.13% of the crypto market as of mid-June, these assets are capturing the interest of new investors worldwide. A surprising 50% of the surveyed investors […]
A recent court ruling has allowed most of the U.S. SEC’s lawsuit against Binance to proceed. Moreover, this decision, made by Judge Amy Berman Jackson, is a significant setback for Binance. Additionally, the SEC alleges that Binance and its founder, Changpeng Zhao, violated securities laws by inflating trading volumes, diverting funds, and misleading investors. Despite […]
The U.S. Securities and Exchange Commission (SEC) is currently reviewing proposals for Ethereum ETFs. Recently, the SEC returned the S-1 forms to issuers, requesting minor adjustments.This back-and-forth is a usual part of the process and is not unexpected. Issuers expect to submit the revised forms by early July, marking another step toward the potential launch. […]
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Consensys. The company behind MetaMask is accused of operating as an unregistered broker. This involves MetaMask Swaps and Staking services. The SEC claims Consensys has been conducting unregistered securities transactions since 2020. Consensys Under Fire for MetaMask Staking Services Consensys is facing serious […]
Joe Biden and Donald Trump didn’t discuss crypto in their first head-to-head debate, despite the industry raising billions to influence the elections; meanwhile, both the Jeo Boden memecoin and Trump-themed memecoins like Super Trump (STRUMP) and BABYTRUMP (BABYTRUMP) tanked, falling double digits during and after the debate. Trump vs. Biden: A Crypto Silence In the […]
Solana’s price is experiencing an upswing, buoyed by recent developments in the cryptocurrency market. Investor excitement is high due to the news of a new spot Solana exchange-traded fund (ETF) application, adding to the positive momentum for Solana (SOL). Here’s a look at why Solana is making waves today. VanEck’s Solana ETF Sparks Interest The […]
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