CFTC and SEC Clash Over Jurisdiction in US

With the United States struggling to bring about regulatory clarity for the crypto space, the ongoing discord between two pivotal watchdogs sparks concerns about potential implications. The head of the Commodities Futures Trading Commission (CFTC), Rostin Behnam, has once again indicated that most crypto assets are considered commodities according to existing laws. He also acknowledged … Read more

Is A Mega Bull Run Incoming? Whale Transfers Over $780 Million Of Stablecoin To Binance

Data Nerd Data on December 13 shows that over the past 24 hours, the wallet “0xea8” moved 200 million BUSD from Binance, the world’s leading cryptocurrency exchange by client count. The whale transfer caught the attention of keen crypto users, who also noted that the transfer was soon followed by a deposit of 99.95 million FDUSD, a … Read more

Boomers Interested In Bitcoin, Market Won’t Allow BlackRock To Buy BTC Below $60k

As institutional interest in Bitcoin grows, Fidelity and BlackRock’s proposed spot Bitcoin Exchange-Traded Fund (ETF) faces an unexpected hurdle: the crypto market’s unwillingness to let go of the coin at bargain prices.  Bitcoin To $60,000 In Progress? According to Mike Alfred, who claims to be a value investor and a board director, the market will … Read more