Last Monday unfolded into one of the most tumultuous days for Ethereum, with the cryptocurrency experiencing a staggering decline of over 30% within just 24 hours. Such a drastic plunge can often make investors question the stability and future of an asset, especially when rooted in factors like escalating fears surrounding a trade war led
In a significant move signaling a fresh approach to market oversight, the Commodity Futures Trading Commission (CFTC) has unveiled an extensive reorganization of its Division of Enforcement. This initiative, championed by Acting Chairman Caroline D. Pham, aims to combat fraud more effectively, shift focus away from “regulation by enforcement,” and optimize the agency’s resources. By
In the rapidly evolving landscape of Web3 gaming, a fresh title has captured the attention of players and investors alike—Kuroro Wilds. This action RPG, designed as a free-to-play experience, has recently entered an exciting Alpha phase, heralded by a promotional event dubbed “The Arrival.” Spanning a two-week duration, this event not only invites players to
In the ever-volatile world of cryptocurrency, Bitcoin remains a touchstone for investors and analysts alike, reflecting both broader market sentiments and the unique dynamics of this digital asset. Recently, Bitcoin analyst CryptoCon has stirred significant interest with projections indicating a transformative shift in Bitcoin’s price action over the coming month. According to CryptoCon, Bitcoin could
The landscape of financial regulation is undergoing an unprecedented transformation as traditional banking institutions grapple with the rise of cryptocurrencies. On February 5, 2023, the Federal Deposit Insurance Corporation (FDIC) indicated a potential shift in its regulatory framework regarding banks’ involvement in crypto-related activities. Recent reports suggest that the FDIC is considering new guidelines that
The growing popularity of decentralized finance (DeFi) has prompted increased scrutiny from regulatory authorities. Recently, the DeFi Education Fund publicly requested that the U.S. Department of Justice (DOJ) reevaluate its stance on the accountability of DeFi protocol developers. In a blog post co-authored by legal experts Miller Whitehouse-Levine and Amanda Tuminelli, the advocacy group emphasized
As of now, the cryptocurrency landscape remains tumultuous, with Ethereum (ETH) grappling below the crucial $2,800 mark. Despite being the second-largest cryptocurrency by market capitalization, ETH has not followed Bitcoin’s bullish trends in recent months. The asset’s depreciation of 24% over the past 30 days has left investors perplexed and concerned about its future trajectory.
On February 4, 2025, Ripple’s XRP Ledger (XRPL) experienced a significant yet brief outage that disrupted block production for approximately one hour at the ledger height of 93,927,173. As Ripple’s Chief Technology Officer David Schwartz later observed, the root cause of this disruption remained unclear, but the system managed to recover autonomously without necessitating substantial
Thailand’s financial landscape is undergoing a transformation as the Securities and Exchange Commission (SEC) gears up to implement a Distributed Ledger Technology (DLT)-based trading system for debt instruments. This innovative initiative aims to empower securities firms to engage more actively in digital token trading, thereby enhancing the overall efficiency and accessibility of the capital market.
The cryptocurrency market has recently experienced a considerable downturn, sending shockwaves through the investment community. The flagship cryptocurrency, Bitcoin, saw its value plummet below the $100,000 mark, raising alarms and stirring panic among many investors. This article explores the implications of this volatility, particularly emphasizing the contrasting behaviors of long-term and short-term holders during this
