News with the tag "93%"

Blockchain software company Consensys has submitted a letter to the US Securities and Exchange Commission (SEC) urging the withdrawal of a proposed definition amendment that could classify DeFi protocols as part of securities exchanges. The US-based blockchain firm is opposing this motion citing con...

Bitcoin Faces Crucial Test at $93,580 Support Zone Bitcoin (BTC) has been consolidating around key levels following its recent pullback from nearly $100,000. According to crypto analyst Ali Martinez , the $93,580 level serves as a critical support zone . Martinez highlighted that approximately 667,0...

Bitcoin recently surged past $93,000, driven by President-elect Donald Trump’s plans to ease cryptocurrency regulations. This rally has sparked enthusiasm across social media, with many speculating that Bitcoin could soon hit $100K. However, on-chain analytics platform Santiment advises caution, war...

Nigeria’s Afrobeat superstar, David Adeleke (Davido), on Wednesday, announced the launch of a crypto token or meme coin inspired by himself – “Timeless Davido” ($DAVIDO). Timeless Davido ($DAVIDO) is the

As the cryptocurrency world anxiously awaits the decision regarding Ethereum Spot Exchange-Traded Funds (ETFs) from the United States Securities and Exchange Commission (SEC), much has been said about the variables that could influence the Commission’s ruling. Author and finance lawyer Scott Johnsso...

As optimism around Ethereum Spot Exchange-Traded Funds (ETFs) continues to dwindle, Grayscale Investments, the world’s leading digital asset manager, has filed an S-3 Registration Statement for its Ethereum Trust, marking a major advancement in its Ether investment services. Grayscale Ethereum Trust...

The U.S. Securities and Exchange Commission has charged a Hawaiian resident for falsely claiming that his fraudulent security would become the “first publicly traded security fund to convert to a cryptocurrency.” According to the Commission, the man promoted the security to boost its price and bolst...

Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, has explained that bitcoin appears similar to the stock market in 1930. At that time, elevated equity prices led to the stock market losing almost 90%. The crash of 1929, also called the Great Crash, contributed to the Great Depress...

In the crypto industry, there’s a looming danger that investors really should not overlook – contract-free decentralized autonomous organization (DAO) venture capital (VC) investment. The story of R-930 Capital and its CEO, Richard Asamoah Boateng, shines a light on this perilous path. The words of ...

On July 13, 2023, the U.S. District Court for the Southern District of New York (SDNY) finally issued an order in the infamous case brought by the Securities and Exchange Commission (SEC) against the payment settlement system and currency exchange, Ripple Labs, Inc. (Ripple). District Judge Analisa ...