Robinhood’s crypto division recently received a Wells Notice from the US Securities and Exchange Commission (SEC) on May 4. This notice followed an ongoing investigation by the Gary Gensler-led Commission staff into Robinhood’s “cryptocurrency listings, custody of cryptocurrencies, and platform operations” before recommending an enforcement action against the firm. The Chief Legal Officer at Robinhood
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Cryptocurrency analyst and trader Rekt Capital recently shared a compelling insight into Bitcoin’s price trend. He highlighted that BTC seems to be following a historical price pattern from eight years ago, during a previous bull cycle. This revelation suggests that Bitcoin could be on the verge of significant growth in the upcoming months. The 2016
Robinhood Markets Inc. is the latest crypto trading platform in the crosshairs of the Securities and Exchange Commission (SEC). The SEC has informed Robinhood that it is considering filing a lawsuit alleging violations of Sections 15(a) and 17A of the Securities Exchange Act of 1934. Section 15(a) prohibits broker-dealers from effecting securities transactions without proper
The world of cryptocurrency can be a volatile and unpredictable one, and the recent performance of Friend.tech’s $FRIEND token is a testament to that. In the last hour alone, the token has experienced a 4.3% drop in value, following a trend of red candles in the broader cryptocurrency market. This comes on the heels of
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In recent years, there has been a significant shift towards metaverse commerce, where physical goods are sold through virtual platforms. This emerging trend has captured the attention of major retailers, with Walmart’s recent decision to enter the popular gaming platform, Roblox, to sell its products. But what exactly does metaverse commerce entail? The metaverse is