The recent closure of the SEC investigation into Hiro and the Stacks blockchain without recommending any enforcement action has significant implications for the future of the Bitcoin Layer-2 network. The investigation, which started over three years ago, has been closely followed by the crypto community. This investigation stemmed from the SEC-qualified offering by Stacks in
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The XRP price has shown remarkable performance compared to its peers in the top ten cryptocurrencies by market capitalization. Over the past week, XRP has experienced a surge of 13.5%, bouncing back from a recent decline from its yearly high of $0.745 in March. This surge can be attributed to various factors that have contributed
Bitcoin’s recent price movements have sparked debates among market watchers about whether the cryptocurrency has hit its peak for this cycle. One crypto analyst, known as ‘CryptoCon,’ has provided valuable insights into Bitcoin’s future outlook. Using the Relative Strength Index (RSI) Bollinger Band % phases, CryptoCon has identified key indicators that suggest Bitcoin still has
Aayush Jindal, a prominent figure in the financial markets, has carved a niche for himself with over 15 years of experience in Forex and cryptocurrency trading. His expertise lies in providing in-depth technical analysis to investors globally, guiding them through the intricate world of modern finance with astute chart interpretations. From a young age, Aayush
Aayush Jindal is a prominent figure in the financial markets, with over 15 years of experience in Forex and cryptocurrency trading. His expertise in technical analysis and chart interpretation has made him a trusted advisor to investors worldwide. Aayush’s journey to success is marked by continuous learning, commitment to excellence, and a passion for analyzing
The recent attempt by the US House of Representatives to overturn President Joe Biden’s veto and rescind SEC Staff Accounting Bulletin (SAB) 121 has ended in a failure. The numbers were close, with 228 House members voting in favor of HJ Res. 109 to end SAB 121, 184 against, and 21 abstaining. Although this represents
Bitcoin (BTC) has recently broken above its bearish trendline, leading to a surge in bullish momentum. This shift in market sentiment has sparked optimism among traders and investors, with many wondering if BTC can maintain its current trajectory towards the $60,152 mark. Despite a slight decline in price, Bitcoin still holds a market capitalization of
Aayush Jindal, a prominent figure in the financial markets, has a rich history spanning over 15 years in Forex and cryptocurrency trading. Since a young age, Aayush showcased a remarkable talent for decoding intricate systems and patterns, setting the foundation for his future success in the industry. Aayush’s expertise lies in his unparalleled proficiency in
The recent announcement by Kraken regarding the co-founding of the Blockchain Security Standards Council (BSSC) alongside other industry giants marks a significant step towards enhancing security within the crypto sector. With co-founders such as Anchorage Digital, Coinbase, and Fireblocks, the nonprofit organization aims to establish uniform security standards across the industry to address critical security
The implementation of the Markets in Crypto-Assets (MiCA) regulation by the EU has sent shockwaves throughout the digital asset market. Not only are EU companies affected, but global firms involved in Euro transactions are feeling the impact as well. One noticeable change following the introduction of stablecoin rules in June is the significant drop in