The cryptocurrency market is one of the most volatile financial landscapes, with its flagship currency, Bitcoin, often leading the charge. Recently, industry experts Jan Happel and Yann Allemann, co-founders of Glassnode, have made headlines with their provocative stance on the potential for a Bitcoin price drop to as low as $37,000. In their view, such
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In the vast and intricate world of financial markets, few names resonate with authority and insight quite like Aayush Jindal. With over 15 years of dedicated experience in Forex and cryptocurrency trading, Aayush has built a remarkable reputation as a trusted advisor and senior market expert. His journey is not merely a collection of achievements;
The landscape of cryptocurrency regulation is ever-changing, as exemplified by the recent amended complaint filed by the U.S. Securities and Exchange Commission (SEC) against Binance in the District of Columbia. The SEC has made significant procedural updates and legal alterations to its previous filing, an indication of the agency’s continued commitment to enforcing regulations in
The US Securities and Exchange Commission (SEC) has imposed hefty fines on crypto companies in recent years, with 2024 standing out as the most aggressive regulatory year in the agency’s history. According to a report by Social Capital Markets, the total fines levied by the regulator since 2013 have reached a staggering $7.42 billion, with
Congressman Wiley Nickel has taken a bold stance against the US Securities and Exchange Commission (SEC), accusing the agency of eroding trust in the regulatory system with its “regulation by enforcement” strategy. He believes that this approach is a blatant abuse of power that could potentially stifle digital innovation in the United States. Nickel has
The US Securities and Exchange Commission (SEC) has recently raised concerns regarding the proposed repayment strategy in the ongoing FTX bankruptcy case. The plan, which involves repaying creditors through stablecoins or other digital assets, has led the SEC to reserve the right to challenge these transactions under federal securities laws. This move has sparked criticism
The Qatar Financial Centre (QFC) in Doha has recently introduced a groundbreaking regulatory framework for digital assets. This framework, known as the QFC Digital Assets Framework 2024, aims to establish a secure and transparent ecosystem for digital assets within the QFC. One of the key aspects of this framework is the invitation to both local
The Securities and Exchange Commission (SEC) made a strong stand against Richard Heart’s attempt to dismiss the $1 billion fraud case filed against him. They argued that his aggressive promotion of unregistered digital assets such as HEX, PulseChain, and PulseX was directly targeting US investors. The SEC’s filing on August 22 emphasized that Heart’s actions
In a recent press release, India-based cryptocurrency exchange WazirX announced its plans to gradually resume fiat currency withdrawals following a month-long suspension due to a cyberattack. The hack, which took place on July 18, resulted in the theft of a substantial amount of ERC-20 tokens valued at over $235 million at the time. This incident
The Indian government is gearing up to introduce a set of comprehensive regulations for the cryptocurrency sector, as reported by local media outlets on August 22. This move signifies the government’s commitment to establishing a regulatory framework for digital currencies in India. This initiative follows Finance Minister Nirmala Sitharaman’s statement in October 2023, in which