In an exclusive interview, Joey Garcia, the Director and Head of Regulatory Affairs at Xapo Bank, shared his extensive experience and insights into the evolution of cryptocurrency regulation. Garcia’s journey began in 2014 when he was approached by Wences Casares to establish a regulatory framework for cryptocurrencies in Gibraltar. Despite initial challenges and resistance, Garcia
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The recent performance of Ethereum has not been particularly impressive, with a 3% loss in the past week. The inability to maintain support at $3,300 has shifted the current support level to $2,800. This downward trend has been exacerbated by a bearish market sentiment, as indicated by the MACD and RSI indicators. Sellers are currently
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The decentralized finance (DeFi) sector has been experiencing a resurgence, with notable growth in key metrics such as active loans and total value locked (TVL) from their lows in 2023. DeFi lending, a crucial aspect that allows investors to lend their crypto assets in exchange for interest, serves as an important indicator of DeFi participation
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Coinbase, the leading cryptocurrency exchange, has reported a total revenue of $1.449 billion for the second quarter, surpassing market expectations. This marks a significant increase from its revenue of $674.1 million during the same period last year. However, despite the positive revenue growth, total revenue actually saw an 11% decline quarter-over-quarter. In terms of net
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In the world of cryptocurrency, market experts often make bold predictions about the future prices of various digital assets. Recently, two experts have revised their predictions for Ethereum, the second-largest crypto token in terms of market capitalization. One of the experts, Adriano Feria, went as far as predicting that Ethereum could reach an astounding $100,000
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Recent data on Ethereum exchange-traded funds (ETFs) in the US reveals a concerning trend of net outflows. On one particular day, the nine spot Ethereum ETFs experienced a total outflow of $77.21 million, marking a significant reversal from the previous day’s positive activity. This comes at a time when the price of Ether has struggled
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The first two quarters of 2024 saw a surge in popularity of meme coins, with investors jumping on the bandwagon in hopes of quick gains. However, recent observations indicate a significant cooling off in the market, with only a few lesser-known meme coins managing to record gains over the past 30 days. The once-popular meme
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