The outgoing Securities and Exchange Commission (SEC) Chair Gary Gensler has come under fire from various stakeholders in the cryptocurrency sphere for what many perceive as a persistently antagonistic stance toward the burgeoning industry. In a recent Bloomberg interview, Gensler rehashed his viewpoints on the crypto market, labeling it as “rife” with unscrupulous actors. This
The cryptocurrency landscape has seen a notable downturn in recent days, and Cardano (ADA) has not escaped the turbulence. Following a three-day slump that brought its price down to $0.90, marking the lowest point since January 1, ADA has plummeted approximately 33% from its 2024 high. This sustained downtrend has led to a significant exit
The cryptocurrency landscape has been tumultuous of late, with significant price shifts affecting many digital assets. Over the past few days, Bitcoin, a market leader, has seen a notable drop of approximately 9% in value within just 48 hours. Other altcoins, including Cardano’s ADA, have not been spared from this downturn, experiencing a staggering 20%
The cryptocurrency landscape has been tumultuous, with numerous platforms facing financial troubles. Among these is FTX, the once-mighty exchange that has since entered bankruptcy. Recently, a significant dispute has surfaced regarding the sale of its European subsidiary, FTX EU, to a platform named Backpack, which is linked to former FTX employees. On January 8, FTX
Recently, the cryptocurrency world was shaken by news about the potential liquidation of seized Bitcoin (BTC) linked to the infamous Silk Road darknet marketplace. As reported on January 9, DB News highlighted a confirmation that the U.S. government has been granted permission to sell off approximately 69,370 BTC, an asset valued at an astonishing $6.5
Bitcoin recently captured widespread attention by momentarily exceeding the $100,000 threshold, achieving a peak of just under $103,000 during Asian trading hours. This surge was fueled by MicroStrategy’s latest acquisition, which generated excitement among investors eager to see if this would mark a sustained increase in value. However, the thrill of breaking this significant price
As 2025 unfolds, the cryptocurrency landscape is showcasing a revitalizing vigor, with Bitcoin (BTC) making headlines for trading above the $100,000 mark. This resurgence, characterized by an almost 8% weekly gain, reignites discussions around its potential to surpass previous all-time highs, specifically the milestone above $108,000. The ambitious predictions for Bitcoin’s trajectory are buoyed by
As the world grapples with the repercussions of the cryptocurrency boom, the high-profile case involving Do Kwon, co-founder of Terraform Labs, stands as a grave reminder of the risks and vulnerabilities associated with digital assets. Recent estimates from U.S. prosecutors suggest that the disastrous collapse of TerraUSD and Luna could have directly impacted over one
In an age defined by rapid information exchange and evolving technologies, the role of a journalist has transformed dramatically. For many, it’s more than just a daytime job; it’s a continuous pursuit that extends into the realms of personal passion and lifestyle. One such example is Christian, who exemplifies the quintessential modern journalist, moving seamlessly
The cryptocurrency sector, often seen as the Wild West of finance, continues to face scrutiny from regulatory bodies as it strives for legitimacy and stability. A recent case that underscores this tension is the Commodity Futures Trading Commission’s (CFTC) lawsuit against Gemini Trust Co., which has concluded with a substantial financial settlement. This article explores
