Recently, the U.S. District Court for the Western District of Texas issued a partial summary judgment in favor of the Securities and Exchange Commission (SEC) in a case involving prominent crypto influencer Ian Balina. The court determined that Balina had offered and sold SPRK Tokens as securities in unregistered transactions, a violation of US securities
Recently, the United States House of Representatives made a significant decision regarding Central Bank Digital Currencies (CBDCs) by voting in favor of a bill that would prevent the Federal Reserve from directly issuing a CBDC to its citizens. This decision has stirred up debates and discussions within the online crypto community and among legislators. The
In a recent interview, Charles Hoskinson, the CEO of IOG, did not hold back in his criticism of Bitcoin and its fervent following. Hoskinson went as far as to compare the Bitcoin community to a religion, stating that the crypto industry has evolved past the need for Bitcoin to survive. Hoskinson pointed out that Bitcoin’s
The cryptocurrency market is ever-evolving, with new projects and tokens constantly emerging to capture the attention of investors. One such project that has been gaining traction in recent weeks is 5thScape, a new ICO that has piqued the interest of many within the crypto community. Floki Inu (FLOKI) holders have been making a significant move
The approval of a spot Ethereum (ETH) exchange-traded fund (ETF) in the US could potentially pave the way for Solana (SOL) to be classified as a commodity rather than a security. This distinction is crucial as it has far-reaching implications for the entire cryptocurrency market. Commodities are more easily approved for ETFs, while securities face
Recently, rumors have been circulating on social media about Bybit crypto exchange’s alleged insolvency. However, CEO Ben Zhou has firmly denied these claims, calling them baseless and lacking any real supporting facts. These rumors seem to have originated from obscure social media accounts, with some suggesting that a bug in a proof-of-reserves graph from Arkham
Crypto Con, a well-known cryptocurrency analyst and enthusiast, has made a bold prediction regarding the timeline for Bitcoin to reach its peak in the current bull cycle. By studying historical data and trends, Crypto Con has identified key indicators that suggest Bitcoin may reach its highest point in this cycle between January and February of
In recent years, Telegram has evolved into more than just a messaging app with over 800 million monthly users. It has become a central hub for the crypto community due to its innovative ecosystem of mini apps, known as TMAs. These applications operate directly within the messenger platform, offering a wide range of features that
Ethereum’s on-chain data has been buzzing with activity as of late, particularly with the significant players in the game – the whales. These titans of the crypto world have been making waves with a surge in their transactions, as highlighted by the “Number of Large Transactions” metric. This metric, which tracks Ethereum transactions valued at
The price of LidoDAO (LDO) has been on an upward trend recently, with a 26% increase in the past week. As the native crypto of the decentralized Ether staking platform Lido, LDO also serves as the governance token for the Lido decentralized autonomous organization (DAO). Currently trading just above its 50-day moving average at $2.075,