In a shocking turn of events, U.S. District Judge Robert Shelby recently imposed sanctions on the Securities and Exchange Commission (SEC) for serious misconduct in its legal action against Utah-based cryptocurrency firm DEBT Box. This decision came after Judge Shelby found that the SEC had engaged in a “gross abuse of power” throughout the case.
The past week has been a challenging one for Spot Bitcoin ETFs, as they have experienced a lack of significant inflows day after day. This trend has led to consecutive daily outflows throughout the week, signaling a potential decrease in bullish sentiment among institutional traders. The impact of this lack of interest can be seen
The cryptocurrency market witnessed a frenzy recently as Solana meme coin $PUNDU closed out its presale with an impressive $37 million raise. However, the spotlight is now on Dogecoin20, a revamped version of Dogecoin, which is still open for contributions and inching towards a $10 million hard cap sellout. In just a week, Dogecoin20 ($DOGE20)
Bitcoin accumulation addresses are a crucial aspect of the crypto market that indicate significant investor activity. These addresses refer to wallets that have zero outgoing transactions and maintain a balance of at least 10 BTC. They serve as a way for entities to accumulate Bitcoin as a long-term investment, showcasing their confidence in the future
The recent surge in the crypto market has brought to light the growing fascination with meme coins among investors. These digital assets, often characterized by their speculative nature and lack of utility, have been gaining popularity due to their potential for significant asset appreciation. One such example is the emergence of PUMP, a meme coin
Bitcoin’s price has remained relatively stable over the weekend, hovering just above $64,000, following a period of heightened volatility the previous week. The altcoin market has also experienced decreased volatility, with a few exceptions such as Dogecoin, which has seen a 7% surge in price. The previous week started off on a challenging note for
In recent times, Ethereum’s network has experienced a significant increase in daily active users and daily transaction volume. Despite this growth, the price of ETH, Ethereum’s native cryptocurrency, has faced corrections over the past few days. The price of Ethereum has dropped by over 10% in the last week, performing worse than Bitcoin and the
In a devastating turn of events, a 46-year-old housewife in Hong Kong has fallen victim to a fraudulent crypto investment platform, resulting in losses of 7.1 million Hong Kong dollars. The woman was lured into the scam by fraudsters who reached out to her via Instagram and convinced her to invest in cryptocurrencies through a
Recent reports released by the United Nations (UN) Security Council paint a concerning picture of North Korea’s involvement in cyberattacks. The findings reveal that North Korea earns a significant portion of its foreign exchange through cybercrime, with a staggering 50% of its earnings attributed to cyberattacks. This revelation sheds light on the concerning trend of
In recent weeks, the price of Ethereum has shown signs of volatility and uncertainty, causing concern among investors. Despite a strong start to the month, Ethereum has not been able to maintain its momentum, leading to bearish pressure in the cryptocurrency market. One of the key factors contributing to this negative sentiment is the regulatory