Author name: Peter

The U.S. Securities and Exchange Commission (SEC) recently revealed its examination priorities for 2024. Crypto monitoring and examinations are at the forefront of these priorities. The SEC stated that examinations of registrants will concentrate on various activities related to crypto assets and corresponding products, including offering, selling, recommending, advising, and trading. Division of Examinations: 2024 […]

In this article, we will be examining the performance of both Bitcoin and Ethereum in the current trading session. Bitcoin's performance seems to have plateaued for the day, with market players consolidating gains after a recent peak. Concurrently, Ethereum's performance shows a slight upward trend, hovering around the $1,580 mark. Let's dive deeper into these

Tuesday saw the continued rise of Toncoin for an impressive third day in a row. This occurred in the face of a generally static crypto market. The global market cap barely shifted, ticking upwards by a mere 0.02%. Traders seemed to be consolidating Monday's profits. Meanwhile, Cardano experienced a slight downturn after a sequence of

The world's ongoing political conflicts, particularly in Ukraine and Israel, have sparked significant growth in the stock prices of defense corporations. This uptick coincides with U.S. government officials endorsing substantial military budgets, leading to a surge in their investments in defense companies such as Palantir, L3Harris, Lockheed Martin, and Northrop Grumman. Political Investments in Defense

In the dynamic world of cryptocurrency, fresh insights indicate that bitcoin investors are transitioning from being long-term holders to short-term speculators. Such a shift suggests that the cryptocurrency market is on the rebound after enduring a prolonged bear market. Bitcoin Investors Transition: An Analysis by Glassnode The recent analysis conducted by the onchain analytics firm,

El Salvador's Vice President, Felix Ulloa, recently shared insights on the significant role of Bitcoin in the country's economic rejuvenation. Ulloa believes that the adoption of Bitcoin as legal tender has attracted crypto-based investments and visitors, contributing majorly to the revival of the nation. Bitcoin's Positive Impact on El Salvador's Economy During a recent conversation,

NetMind.AI, an AI-focused tech startup, has introduced the Beta version of its decentralized machine learning platform, Netmind Power. Designed to train and fine-tune machine learning (ML) models, the platform leverages a global network of volunteer computing resources. For a limited time, users can sign up for a free trial of the platform. Free Beta for

Recent developments point towards a significant financial event in northern China, triggered by the financial turmoil surrounding Evergrande, a leading Chinese real estate developer. Last week, a wave of panic withdrawals swept across the Bank of Cangzhou, allegedly linked to the bank's substantial loans to the beleaguered company. This follows closely behind the news of

An erroneous report alleging the U.S. Securities and Exchange Commission's (SEC) approval of Blackrock's Ishares spot bitcoin exchange-traded fund led to the liquidation of short positions worth $78.92 million. This figure constituted 57% of the total $136.29 million in short positions liquidated in the past 24 hours. False SEC Decision News Causes Turmoil in Bitcoin

A courtroom drama unfolded this week as Nishad Singh, the former Engineering Director at FTX, took the stand against his ex-employer, Sam Bankman-Fried. Singh shared startling revelations about a software glitch that concealed a staggering amount of missing funds and the extravagant spending on celebrities and real estate. Nishad Singh's Accusations: The $8 Billion Glitch