Crypto

The resignation of Gurbir Grewal, the U.S. Securities and Exchange Commission’s (SEC) Director of Enforcement, on October 11, 2024, comes as a surprise and raises several questions about the agency’s stability and ongoing legal battles. Announced on October 2, Grewal’s exit seems particularly impactful as it coincides with the SEC’s ongoing appeal in its contentious
0 Comments
In a significant move that has stirred the cryptocurrency market, Bitwise has formally registered a trust named “XRP ETF” in Delaware. This development arrives amid a broader conversation about the legitimacy and potential of cryptocurrency assets in traditional investment frameworks. Following the registration, Bitwise promptly submitted an S-1 form to the U.S. Securities and Exchange
0 Comments
In the unpredictable realm of cryptocurrency, Bitcoin has once again demonstrated its sensitivity to global events. Following the Iranian missile strike on Israel on October 1, Bitcoin’s price experienced a dramatic decline, plummeting nearly $4,000 within a 24-hour timeframe. Initially trading just above $64,000, it fell to just above $60,000, before making a slight recovery
0 Comments
In recent years, the cryptocurrency landscape has experienced significant transformations, both globally and within China. The 2024 Tsinghua PBC Chief Economist Forum saw former Vice Minister of Finance Zhu Guangyao calling for a critical reevaluation of China’s stance on digital currencies. Notably, Zhu highlighted the shifting dynamics of international policies toward cryptocurrencies, particularly in the
0 Comments
September 30 marked a challenging day for the cryptocurrency market, with major players like Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) all experiencing notable declines. Dogecoin (DOGE) and Shiba Inu (SHIB) faced even harsher losses, demonstrating the pervasive bearish sentiment that has gripped the market. Despite this widespread downturn, Ripple’s XRP managed to stand
0 Comments
In a significant move reflecting its cautious approach towards cryptocurrency investments, Taiwan’s Financial Supervisory Commission (FSC) has rolled out a new policy permitting professional investors to engage with foreign cryptocurrency exchange-traded funds (ETFs) via local brokerages. This decision reinforces the government’s commitment to fostering an investment environment that balances innovation with investor protection. The new
0 Comments
Cryptocurrency is a rapidly evolving sector rife with opportunities as well as pitfalls. Recently, WalletConnect issued an alarming warning about a fraudulent app that masqueraded as a legitimate crypto tool—and the consequences were severe. With over $70,000 worth of digital assets reportedly siphoned off from unsuspecting victims, this incident serves as a powerful reminder of
0 Comments