An analyst renowned for accurately predicting the 2021 crypto crash is cautioning that Bitcoin (BTC) is on the brink of experiencing a significant event. Pseudonymous analyst Dave the Wave is informing his 148,300 followers on the social media platform X that Bitcoin is currently testing the $90,000 support level. According to the crypto strategist, he…
The cryptocurrency market today can be likened to a stage performance where insiders craft the script while retail investors unknowingly play supporting roles. Altcoins are on the decline, meme coins are proving risky, and liquidity is tied up in ETFs, with institutions favoring Bitcoin over other assets like Tether and fiat. Manipulative practices involving Solana…
Rephrased text: Renowned crypto strategist Michaël van de Poppe suggests that a potential Ethereum (ETH) competitor is poised to trigger a strong bullish phase. Van de Poppe informed his 776,000 followers on the X social media platform that the layer-1 protocol Near (NEAR) seems to be establishing a cycle bottom. According to the analyst, NEAR…
The primary securities regulator in the United States has ceased its inquiries into the prominent retail trading platform Robinhood. As per a recent statement from Robinhood, the U.S. Securities and Exchange Commission (SEC) has decided to discontinue its investigation into the trading app, less than a year after issuing a Wells Notice to the company….
In a recent interview with CNBC, Coinbase CEO Brian Armstrong suggests that memecoins are the first sign of a broader trend toward cultural tokenization. Armstrong anticipates that memecoins will pave the way for the tokenization of various aspects such as identities, votes, and artwork. Armstrong emphasizes the need for artists to receive compensation for their…
The U.S. Securities and Exchange Commission (SEC) has ended its investigation into the non-fungible token (NFT) marketplace OpenSea as part of the federal government’s shift away from crypto enforcement. OpenSea CEO Devin Finzer shared the news on social media platform X, stating that the SEC is closing its probe into the company. “The SEC is…
Big banks are quietly revising their public statements on diversity, equity, and inclusion (DEI) policies in response to the actions taken by US President Donald Trump. The Wall Street Journal reports that JPMorgan Chase, Citigroup, and Morgan Stanley are toning down their language on DEI, while Wells Fargo and Bank of America are also reviewing…
Rephrased text: According to U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce, public feedback is crucial for enhancing clarity in the cryptocurrency space. Peirce, the longest-serving commissioner on the board, is seeking input from the public on key areas to establish clear regulatory guidelines for the crypto industry. She encourages the public to provide…
The CEO of the cryptocurrency exchange Bybit has reassured customers that the company is capable of fulfilling all withdrawal requests after facing a significant cybersecurity breach. This breach resulted in the theft of $1.4 billion worth of Ethereum and stETH from Bybit’s cold wallet. Described by Coinbase executive Conor Grogan as the largest theft in…
JPMorgan Chase is reportedly declining to compensate a customer who lost her life savings to a scammer. Courtney White, a former policewoman, disclosed losing $87,000 to an imposter who impersonated her and withdrew thousands of dollars from her JPMorgan Chase account daily, as per a report by NBC 5 Chicago. White intentionally opened a JPMorgan…
