Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Based on reports, Senators Elizabeth Warren and Elissa Slotkin have asked three federal agencies to open probes into what they call a troubling $2 billion crypto transaction linked to US President Donald Trump’s family. The letter, sent to the State Department, Commerce…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure While Bitcoin’s price has declined sharply from its recent all-time high of $124,000, the development has caused a wave of concerns and uncertainty within the community. Several metrics are starting to reflect this waning sentiment among investors toward the largest cryptocurrency asset….
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple’s Chief Technology Officer David Schwartz argued that large internet companies will inevitably adopt blockchain-based finance, contending that decentralized infrastructure is arriving “at the right place at the right time” to meet needs that legacy rails struggle to serve. The remarks came…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Interpol has announced a significant recovery of assets totaling $439 million as part of a recent operation aimed at dismantling online scams, which included a substantial amount in crypto assets. This initiative, which took place from April to August of this year,…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Government agencies in the Philippines have begun recording certain public documents on a blockchain ledger, a step officials say is meant to make records harder to change and easier for citizens to check. The move comes after mass demonstrations this month that…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum has now entered what looks to be another bearish phase after failing to reclaim a critical level. With all of the technicals pointing toward further downside, it now puts the Ethereum price at risk of crashing back below $4,000, a level…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US CFTC has launched an initiative to explore the use of stablecoins as collateral in derivatives markets, with public input open until Oct. 20th. CFTC Launches Initiative For Tokenized Collateral & Stablecoins In Derivatives As revealed in a press release, Commodity…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Data shows the cryptocurrency derivatives market has seen liquidations of a whopping $1.7 billion as Bitcoin and other assets have plunged. Bitcoin Has Erased Its Recent Recovery With A Drop Under $113,000 Last week, things looked to be on the up for…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to data from SoSoValue, the Ethereum spot ETFs saw another strong week of bullish trading activity in the third week of September, recording $556.92 million in net inflows. While the figure is slightly below the $637.79 million inflows registered during the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Reports have disclosed that the FTX Recovery Trust is preparing to release another $1.6 billion to its creditors by September 30. The payout marks the third distribution since the exchange collapsed in late 2022, and payments are expected to reach verified claimants…