Crypto Michael, a cryptocurrency analyst in the crypto space, has recently shared some insights on the possible market trend of the Bitcoin (BTC) price before the halving commences. These insights were shared in a video uploaded on the analyst’s YouTube channel. Signs Of A Potential Bull Run According to the recent revelations by Crypto Michael,…
Two years ago, controversial artist Nelson Saiers sparked a debate when he erected a massive inflatable rat outside the US Federal Reserve building in New York; now, the creator takes another jab at a US institution with a new crypto art exhibition. Crypto Art Exhibition Takes Jab At Scams According to a release shared with…
The crypto industry is known for its sheer price movement volatility, driven mainly by events and liquidity crunches. Since the beginning of the year, there has been a noticeable and consistent outflow of cash from the cryptocurrency market, which is unsurprising. According to Bitfinex’s latest report, this capital drain was evident in August, as the…
In a bold move amidst the cryptocurrency market’s recent volatility, US-based trading platform Robinhood has significantly increased its Shiba Inu (SHIB) tokens holdings. Despite the native token of the Shiba Ecosystem experiencing a downturn, Robinhood has added over 800 billion SHIB tokens to its portfolio. Robinhood’s SHIB Portfolio Hits The Trillions On August 30, crypto…
In recent developments, Binance.US, the American affiliate of cryptocurrency giant Binance, is engulfed in a storm of legal challenges and a wave of executive departures. Binance.US Rocked By Legal Woes And Executive Exodus As regulatory scrutiny intensifies, key risk and legal executives have chosen to part ways with the company, adding to the growing list…
The potential Solana (SOL) liquidation from failed exchange FTX has become a focal point for traders and crypto investors. The speculation and accompanying FUD (Fear, Uncertainty, Doubt) surrounding the potential sell-off have amplified market uncertainties. A recent court approval paved the way for the embattled exchange FTX to liquidate $3.4 billion in diverse digital assets.…
Despite Bitcoin’s recent recovery to the key level of $26,100, signaling a crucial point for its future gains and preventing further decline, there are worrisome signals that could raise concerns for Bitcoin bulls in the short term. The combination of factors presents a potential perfect storm for a market correction. One contributing piece is the…
In a recent move that intensifies the Securities and Exchange Commission’s (SEC) crackdown on the Non-Fungible Token (NFT) sector, the SEC has charged Stoner Cats 2 (SC2) with conducting an “unregistered offering of crypto asset securities.” The charges specifically target Stoner Cats’ sale of non-fungible tokens, which raised approximately $8 million from investors to finance…
On Tuesday, September 12, centralized crypto exchange CoinEx became the latest victim of a hack. At the time of the reports, over $27 million in crypto had already been carted away by the attackers. However, almost 24 hours later, the reports rolling in suggest that the exchange may have lost double the amounts that were…
SEC Chairman Gary Gensler is on the hot seat as the Senate Banking Committee demands answers and clarity on a range of topics including the commission’s ongoing investigations in the crypto space and Gensler’s belief that cryptocurrencies should be regulated under the securities law. Senate Banking Committee Grills Gensler Gary Gensler, Chairman of the United…