As a passionate writer deeply entrenched in the world of cryptocurrency, Opeyemi’s journey into the digital asset realm was not a deliberate choice but rather a captivating adventure that has consumed his life for over two years now. His dedication to unraveling the intricacies of blockchain technology and staying abreast of the latest trends in
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In recent weeks, there has been a noticeable increase in demand for bitcoin (BTC) in the United States. This surge in interest can be attributed to Federal Reserve chair Jerome Powell’s comments at the Jackson Hole symposium. However, it is essential to recognize that this rise in demand is primarily concentrated on BTC and has
The much-anticipated 2024 bitcoin bull run has not lived up to expectations, despite the asset reaching a new all-time high earlier in the year. The initial excitement stemmed from the greenlighting of spot BTC ETFs in the US in January, with hopes of a spectacular rally to the $100,000 mark after the halving. However, the
Semilore Faleti stands out as a cryptocurrency writer with a specialization in journalism and content creation. Initially delving into various subjects, Semilore eventually discovered his talent for unraveling the complexities within the realm of blockchains and cryptocurrency. His fascination lies in the efficiency of digital assets for storing and transferring value, making him a vocal
Recent developments within the US Securities and Exchange Commission (SEC) have shed light on the pressing need for retail investors to have more immediate access to fund portfolio data. This issue has sparked discussions on how blockchain technology, specifically oracles like Chainlink, could revolutionize the way data is obtained and utilized in the investment sphere.
Ethereum (ETH) has been facing challenges in the market, particularly in relation to the performance of its ETFs. The recent data from Farside Investors has highlighted a concerning trend regarding decreasing interest in Ethereum ETFs. This has raised questions about the future appeal of these financial products and their ability to compete in an increasingly
The U.S. Securities and Exchange Commission (SEC) recently brought charges against two brothers, Jonathan Adam and Tanner Adam, for allegedly running a $60 million Ponzi scheme. The complaint, filed in the United States District Court for the Northern District of Georgia in Atlanta, accused the brothers of defrauding over 80 individuals. The scheme involved falsely
The high degree of centralization in many major cryptocurrencies, such as Polygon (MATIC) and Shiba Inu (SHIB), poses a serious threat to market stability. With the top ten wallets controlling such a significant portion of the total market capitalization, there is a risk of price manipulation and increased volatility. These large holders have the power
The crypto industry has been experiencing a significant shift away from the UK in recent years, with many firms attributing this move to burdensome regulatory processes. According to a report by the Financial Times, registrations for crypto asset exchanges and custodian wallet providers with the UK’s Financial Conduct Authority (FCA) have dropped by more than
Ethereum co-founder Vitalik Buterin has once again caused a stir in the crypto community by transferring a significant amount of ETH. According to a report from Lookonchain, Buterin moved 800 ETH, valued at $2.01 million, to a multisig wallet. Shortly after, 190 ETH from this wallet was exchanged for 477,000 USDC, a stablecoin pegged to