Ladan Stewart, a key member of the US Securities and Exchange Commission’s legal team, recently made the decision to step down from her role at the agency to join White & Case, a pro-crypto law firm. Stewart, who previously served as Regional Trial Counsel in the SEC’s Crypto Assets and Cyber Unit, has joined White
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Despite Bitcoin’s impressive journey beyond $52,000 in just two years, the cryptocurrency seems to have hit a roadblock recently. Trading below this significant psychological threshold, the overall sentiment remains positive. Recent data reveals an interesting pattern among long-term holders of Bitcoin. These investors have collectively sold approximately 200,000 BTC since the beginning of the year.
The cryptocurrency world is no stranger to controversy, and recent events have once again brought Cardano (ADA) to the forefront of the debate. Arthur Hayes, the Bitcoin millionaire and former CEO of BitMex, has not been shy about expressing his disdain for the Cardano network. In a recent interview with Coin Bureau, Hayes criticized Cardano
With major cryptocurrencies like Bitcoin and Ether experiencing recent price declines after hitting significant highs, investors are turning their attention to the altcoin market in search of potential high-growth opportunities. This shift in focus comes as a natural market reaction following the optimism surrounding recent ETF approvals. BTC has surged 22% in the past 30
Bitcoin has recently experienced a retracement after reaching a high of $53,000 on February 20. Despite this dip, Bitcoin whales are taking advantage of the situation by increasing their accumulation of the leading cryptocurrency. Ki Young Ju, the founder and CEO of the on-chain analytics platform Crypto Quant, highlighted in a recent X post that
Backpack, a cryptocurrency exchange founded by former FTX executives, has recently announced its expansion into 11 US states. This move marks a significant step in the company’s journey to establish a strong presence in the US market and cater to a broader customer base. In this article, we will explore the implications of Backpack’s expansion
Recently, Bayo Onanuga, a special adviser to Nigerian President Bola Tinubu, made strong accusations against Binance, a cryptocurrency exchange platform. He claimed that Binance was “blatantly setting exchange rates for Nigeria, hijacking CBN role.” Onanuga urged the EFCC and CBN to take action against platforms like Binance that he believes are manipulating the national currency.
VanEck’s Bitcoin exchange-traded fund (ETF) experienced a significant and unexpected surge in daily trading volume, reaching $258 million in a single day. This marks a 14-fold increase from its previous daily trading volume of $25.5 million. Despite this achievement, VanEck’s ETF has struggled to keep up with the trading volumes seen in other ETFs such
In recent years, there has been a noticeable decline in the volume of Bitcoin stored in exchange wallets. This shift in investor behavior marks a significant departure from the trend observed in mid-March 2020 when over 17% of Bitcoin’s total supply was housed on exchanges, representing a record high. Despite Bitcoin’s 2021 bull run, which
The recent surge in Ethereum’s price has sparked renewed interest in the crypto community, but Fred Krueger, an experienced Bitcoin ETF specialist, has raised doubts about the validity of this valuation. Krueger’s analysis points to a troubling trend in the usage of the Ethereum blockchain, highlighting a significant drop in daily active users from 120K