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Bitcoin has experienced a significant amount of selling pressure over the past week, resulting in a noticeable impact on its price. According to data from CoinGecko, the value of Bitcoin has dropped by almost 5% in the last seven days, reaching its lowest level in nearly a month at around $65,000 on Friday, June 14th.
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Asset tokenization, including the tokenization of securities, has been gaining attention for the potential benefits it offers. SEC commissioner Mark Uyeda highlighted the advantages, pointing out that representing asset rights with a digital token on a blockchain can enhance security, transparency, and immutability. He also mentioned that tokenization eliminates the need for intermediaries, making transactions
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Recently, the New York Attorney General’s office made headlines by announcing the completion of its settlement with Gemini and the subsequent recovery of $50 million for users who were affected by the defunct Gemini Earn program. This news sent shockwaves throughout the cryptocurrency community, as it shed light on the deceptive practices that had been
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The Bitcoin market is currently experiencing an expiry event with around 20,000 Bitcoin options expiring, amounting to a notional value of $1.35 billion. While today’s expiry event is relatively small compared to previous weeks, a much larger expiry event is scheduled for June 28, with $6.7 billion worth of derivatives expiring. The current put/call ratio
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