The demand for bitcoin (BTC) in the United States has experienced a significant increase following Federal Reserve chair Jerome Powell’s recent comments at the Jackson Hole symposium. This surge in interest has led to a rise in Bitcoin’s value, as evidenced by the spike in the Coinbase Premium, which reached its highest level since July
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As a cryptocurrency writer specializing in journalism and content creation, Semilore Faleti has made a name for himself by delving deep into the complexities of blockchain technology and digital assets. With a keen interest in the efficiency of cryptocurrencies in storing and transferring value, Semilore has become a staunch advocate for widespread adoption in order
The highly-anticipated 2024 bitcoin bull run has not unfolded as expected, despite the initial surge that saw the asset surpass its previous all-time high from 2021. While there was optimism surrounding the potential for bitcoin to reach $100,000, the momentum has stalled along the way. Various factors have contributed to the lackluster performance of bitcoin
The US Securities and Exchange Commission (SEC) has pointed out the importance of retail investors having access to up-to-date fund portfolio data. The current regulatory framework requires registered investment companies to provide periodic portfolio holdings data to the Commission and investors, but this data is often delayed. This delay impacts millions of US households, leaving
The U.S. Securities and Exchange Commission (SEC) recently filed charges against two brothers, Jonathan Adam and Tanner Adam, for orchestrating a Ponzi scheme that defrauded over 80 individuals of a staggering $60 million. The complaint, lodged in the United States District Court for the Northern District of Georgia, revealed that the siblings had falsely claimed
Ethereum (ETH) has been experiencing a lackluster performance in the market lately, with the price struggling to break past the $2,600 mark. According to critical data from Farside Investors, interest in Ethereum ETFs has been on the decline, adding to the overall cautious sentiment surrounding ETH. This decrease in interest may signal broader concerns about
The crypto world is built on the idea of decentralization, with the goal of reducing the influence of a few entities. However, recent data has shown that popular project tokens like Polygon (MATIC) and Shiba Inu (SHIB) are facing high concentrations of holdings among the top wallets. This level of centralization can lead to increased
Ethereum co-founder Vitalik Buterin has once again made headlines within the crypto community by moving a substantial amount of ETH. Recent reports have indicated that Buterin transferred 800 ETH, valued at $2.01 million, to a multisig wallet. Following this transfer, 190 ETH from the wallet was exchanged for 477,000 USDC, a stablecoin pegged to the
The Financial Times reported that crypto firms are increasingly turning away from the UK due to burdensome and time-consuming regulatory processes. According to law firm Reed Smith, registrations for crypto exchanges and custodian wallet providers with the Financial Conduct Authority (FCA) have dropped by more than 50% in the past three years. This decline signals
The Nigerian Securities and Exchange Commission (SEC) has recently approved two local crypto exchanges, namely Busha Digital Limited and Quidax, to operate under the Accelerated Regulatory Incubation Program (ARIP). This initiative is part of the SEC’s efforts to encourage innovation and protect investors in the digital asset space. The Approval-in-Principle granted to Busha Digital Limited
