Keith Gill, also known as “Roaring Kitty,” a stock trader who gained fame during the GameStop frenzy in 2021, is now facing securities fraud claims. A class-action lawsuit filed in the Eastern District of New York accuses Gill of engaging in a “pump and dump” scheme through his social media posts. The lawsuit alleges that
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Bitcoin, known for its 24/7 accessibility, has seen a significant decrease in weekend trading volumes according to a recent report by Kaiko. The data shows a dramatic drop from 28% in 2019 to only 16% in 2024, indicating a shift in trading patterns. The introduction of spot Bitcoin ETFs in the US has played a
June was a month full of ups and downs for Bitcoin, with the price experiencing a significant amount of volatility. The price ranged from a high of $72,000 to a low of just over $58,000. Unfortunately, the bears were able to push the price down by 7.12% overall. This raises the question – what can
In the ever-evolving world of web3, Blast Network is making a name for itself as a standout player among Ethereum Layer 2 (L2) solutions. Launched by the brains behind the Blur NFT marketplace, Blast Mainnet officially went live in February of 2024. The primary goal of Blast Network is to tackle the prevalent issues of
Vitalik Buterin, the renowned co-founder of Ethereum, recently expressed his concerns about the current state of cryptocurrency regulation, especially in the United States. He pointed out a regulatory paradox where projects with vague promises and unclear potential are given more freedom to operate, while those that provide transparent information and define investor rights are classified
The landscape of digital finance is constantly evolving, with the emergence of crypto assets presenting new challenges and opportunities for regulators across the globe. The European Union has taken proactive steps with the Markets in Crypto-Assets regulation (MiCAR) to establish a harmonized framework for crypto-asset services. However, there is a critical gap in the regulatory
Opeyemi is not your average writer – he is a dedicated and passionate individual who has found his calling in the world of cryptocurrency. Despite not starting in the digital asset industry, Opeyemi quickly became enamored with the complexities of blockchain technology. For over two years, he has delved into the world of cryptocurrencies with
Market analysts at CryptoQuant have identified several on-chain metrics that could potentially signal a turning point for Bitcoin and cryptocurrency prices. These metrics include indicators such as bullish momentum, Bitcoin demand growth, and stablecoin liquidity growth. These factors are crucial in determining whether the market has hit bottom and is poised for a potential rally.
The European Central Bank (ECB) recently provided an update on its progress towards the creation of a digital Euro CBDC, and it has become apparent that privacy and data protection are at the forefront of their priorities. However, upon further examination, it seems that the features of this digital currency may actually have the opposite
In a recent analysis provided by crypto analyst Zen, different scenarios for the Bitcoin price in July were outlined. The disappointing performance of Bitcoin in June, where the cryptocurrency saw a noticeable decline in price, has left many investors concerned. Despite the current unfavorable market conditions, Zen has identified key liquidity pools that could impact
