Crypto Weekly Roundup: Fidelity’s Ethereum ETF Application, SBF Legal Troubles & more

Crypto Weekly Roundup Fidelity's Ethereum ETF Application, SBF Legal Troubles

The industry was rocked this week by the shocking news of former FTX CEO and crypto prodigy, Sam Bankman-Fried, being sentenced to 25 years behind bars. Ethereum Fidelity, a renowned asset management firm, has boldly presented a proposal to the SEC for a game-changing Ethereum ETF with staking capabilities, Inspired by the triumph of the … Read more

Shocking: Crypto industry losses to hacking decreased by 23% in Q1

Crypto Industry Loss due to hacker

Crypto Projects Suffer Devastating Losses of Over $321 Million in Just Three Months! The Shocking Truth Behind the 46 Hacks and 15 Frauds Unveiled by Immunefi Report.Be warned: The Wild West of Crypto, known as decentralized finance (defi), is a hotbed for malicious attacks. With a 100% loss rate, defi is a prime target for … Read more

Record outflow of $942 million, Crypto breaking 7-week inflow trend

Record outflow of 942 million, Crypto breaking 7-week inflow trend

From a record-breaking inflow of $2.92 billion to a staggering outflow of $942 million, the crypto investment market has been on a wild ride from March 16 to 22. CoinShares experts report a remarkable seven-week streak of positive growth. In just a short span of time, a whopping $12.3 billion flowed into various investment instruments. … Read more

Ripple (XRP) eyes breakout: Key pivot at $0.63106 signals potential bullishness

Ripple (XRP) eyes breakout Key pivot at 0.63106 signals potential bullishness

Ripple (XRP/USD) is making waves in the cryptocurrency world with a remarkable surge of 1.72% in just 24 hours, reaching a new high of $0.626845. This impressive growth has catapulted the digital currency’s market capitalization to a whopping $34.4 billion, solidifying its spot as the sixth largest in the market. The surge in value has … Read more

Crypto Weekly Roundup: Regulators crack down on Ethereum and others

Crypto Weekly Roundup Regulators crack down on Ethereum and others

As Bitcoin continues its meteoric rise, all eyes are now on Ethereum and the potential for multiple Ethereum ETFs to hit the market. Will the SEC give the green light? Let’s delve deeper into this exciting development. Bitcoin Is Bitcoin on the brink of a major breakthrough? According to analysts at Bernstein, the world’s leading … Read more

SEC Chair Gary Gensler Says Crypto Industry Needs ‘Disinfectant’ – Here’s reason

A man washing the Tap

“Amidst the hallowed halls of Columbia Law School, a fiery and fervent Gary Gensler, the Chair of the SEC, unleashed a searing condemnation upon those in the crypto industry who dare to skirt registration regulations.” Promoting Transparency In Cryptocurrency Gensler’s electrifying speech delved into the pressing issue of transparency and mandatory disclosure in the ever-evolving … Read more

Bears have shut down the cryptocurrency market. Will there be changes at the FOMC meeting?

Bears-have-shut-down-the-cryptocurrency-market.-Will-there-be-changes-at-the-FOMC-meeting

“The stage is set for a high-stakes showdown as the FOMC meeting looms on the horizon. The once-booming crypto market now wears a somber tone, with Bitcoin (BTC) taking a dive from its peak and desperately trying to recover its losses.” “Bitcoin’s once unstoppable rise has hit a roadblock, with a 4.46% loss since yesterday. … Read more

Bitcoin (BTC) Volatile: What’s Next —Will Sellers Take Over?

Bitcoin (BTC) Volatile What's Next —Will Sellers Take Over

“Amidst the ever-changing world of cryptocurrency, the coin has made a 3% leap in the past 24 hours, but has taken a 6% dip over the course of the week. With a market cap holding strong at $1.3 trillion, buyers seem to have the upper hand in this top-down market. However, caution must be taken … Read more