Charles Hoskinson, the founder of Cardano, recently criticized the U.S. Securities and Exchange Commission (SEC) for its apparent leniency towards Bitcoin. In a livestream, he accused the SEC of giving Bitcoin a “complete pass” over its decentralization status, which exempts it from being considered a security. Hoskinson argued that Bitcoin […]

Bitcoin experienced a turbulent start this month, plummeting over 5% on Tuesday following Changpeng Zhao’s (CZ) resignation as Binance CEO. However, the flagship cryptocurrency demonstrated remarkable resilience, surging to $38,360 on Friday to mark its highest level since May 2022, before consolidating over the weekend. Major altcoins such as Ethereum, […]

A major cryptocurrency whale has managed to make a significant profit trading wrapped Bitcoin (WBTC). WBTC is an ERC-20 token pegged backed by BTC and pegged to its price at a 1:1 ratio. According to on-chain monitoring firm Lookonchain, the trader used three different wallets to deposit a total of […]

Cryptocurrencies declined close to 2 percent in the past 24 hours even as world markets remain muted at the onset of a data-heavy week. Updates on consumer confidence, inflation, GDP as well as PMI are due in the week from major economies. The Fed’s preferred PCE-based inflation readings release from […]

Former hedge fund manager and host of CNBC’s Mad Money, Jim Cramer, has tacitly admitted he was wrong about Bitcoin (BTC), now encouraging people to buy and invest in the flagship cryptocurrency. This comes as BTC rockets to an 18-month high, with Ethereum also seeing substantial gains. Cramer Admits Misjudgment […]

Cryptocurrency market rebounded in the past 24 hours, recovering from the market impact triggered by unprecedented developments in the regulatory realm surrounding Binance.com, the world’s largest cryptocurrency exchange. Binance Holdings Limited, the entity that operates Binance.com, had on Tuesday pleaded guilty and agreed to pay over $4 billion to resolve […]

Cryptocurrencies slipped to the overnight negative territory amidst regulatory uncertainty triggered by SEC’s action against Kraken cryptocurrency exchange and the monetary policy uncertainty ahead of the release of the FOMC minutes. Securities and Exchange Commission on Monday charged Kraken, with operating a crypto trading platform as an unregistered securities exchange, […]

Pantera Capital is a well-known investment firm focused on blockchain technology and digital currencies. Founded in 2013, it was one of the first investment firms in the United States to launch funds focused exclusively on cryptocurrencies and blockchain projects. Pantera Capital offers a range of investment services and funds, including […]

Amidst rising expectations of rate cuts by the Fed, markets are anxiously waiting for the minutes of the recent FOMC due to be released on Tuesday. Wall Street Futures reflect mixed sentiment. European benchmarks are mostly trading lower. Asian stocks finished trading on a mostly positive note. Dollar extended decline. […]

Shares of Tenet Healthcare Corporation (THC) are rising more than 11% Friday morning after the company announced its decision sell three of its hospitals in South Carolina for about $2.4 billion in cash. The company has decided to sell Coastal Carolina Hospital in Jasper County, Hilton Head Hospital in Beaufort […]