Former Commissioner Criticizes SEC's Broad Perspective on CryptocurrencyTroy Paredes, a former commissioner at the U.S. Securities and Exchange Commission (SEC) from 2008 to 2013, argued that the SEC might be overstepping its authority by classifying certain digital assets as securities. He also men

1. BTC Market TrendFrom May 6 to May 8, the BTC price swung from $61,689.9 to $65,554.7, a 6.27% range. The entire cryptocurrency market experienced a V-shaped reversal, with April marking the deepest pullback in nearly a year. This week saw an increase in statements from Federal Reserve (Fed) offic

Bitcoin's price decline today is attributed to on-chain data indicating a lag in BTC accumulation compared to the asset's issuance, alongside outflows from the spot BTC ETF.Source: www.cnbc.comBitcoin's price has experienced a notable decline, down 23% from its all-time high of $73,835 on March 14,

Standard Chartered Bank has expressed a favorable outlook for the cryptocurrency market should former U.S. President Donald Trump win a second term in the upcoming November U.S. presidential election. According to Geoff Kendrick, the head of FX Research and Digital Assets Research at Standard Charte

Robinhood's Q1 Crypto Trading Skyrockets 224% — SEC Action Labeled 'Disappointing'During a Q1 earnings call, Robinhood CEO Vladimir Tenev labeled the SEC's recent Wells notice as a "disappointing development." Despite this, Robinhood reported a 224% surge in crypto trading volumes, reaching $36 bill

India’s central bank, the Reserve Bank of India (RBI), led by Governor Shaktikanta Das, is advancing the functionality of its digital rupee to operate independently of internet connectivity. This enhancement is aimed at increasing the utility and accessibility of the central bank digital currency (C

Grayscale has once again withdrawn its application for an Ethereum Futures ETF, this time just over two weeks before the deadline for the SEC to decide on at least one spot Ether ETF application. Source: coingape.comThe surprise move came as Grayscale filed a notice to withdraw its 19b-4 application

Susquehanna International Group Incorporates $1 Billion in Bitcoin ETFs into PortfolioSusquehanna International Group disclosed to the Securities and Exchange Commission its ownership of 17,271,326 shares in the Grayscale Bitcoin Trust (GBTC), valued at approximately $1.09 billion as of March 31, 20

As entering the year 2024, the cryptocurrency industry is experiencing a series of groundbreaking developments that signify a pivotal turning point. Notably, the approval of Bitcoin ETFs by various countries and the record-breaking rise in Bitcoin's ATH price are milestones that are likely to be rem

The analysis suggests that Bitcoin has emerged from its post-halving danger zone as it firmly establishes itself above the $60,000 reaccumulation range.Source:www.coinkolik.comAnalysts argue that Bitcoin may have surpassed the post-halving peril zone as its price surged above $65,000 on May 6, sugge