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Today’s Crypto News
Gain insight into the latest news in the cryptocurrency industry and make decisions faster and more accurately
Articles Videos-
2024
Mar / 24
- SEC May Classify Ether as a Security, Raising Regulatory Concerns
- Mar 24, 2024 at 05:52 am
- This week's top news includes the SEC investigating Ether's classification as a security, Celsius seeking $2 billion in withdrawals, the SEC facing sanctions for abuse of power, Binance offering rewards for insider trading reports, SBF contesting his proposed 50-year sentence, and Ether's potential to reach $5,400 by 2024.
- Drax Report on International Day of Forests Sparks Scrutiny Amidst Wood Biomass Concerns
- Mar 24, 2024 at 05:50 am
- Drax's annual report, released on International Day of Forests, revealed the company's significant sourcing and burning of wood for energy production. While the government supports this practice, environmental concerns persist. The report also highlights the company's challenges in achieving carbon neutrality, resulting in a reduced bonus for CEO Will Gardiner. Additionally, the report sheds light on executive compensation at Angus Energy, with Lord Lucan receiving the highest package despite stepping down as chairman.
- Bitcoin's Scarcity Fuels Meteoric Rise, Reshaping Market Dynamics
- Mar 24, 2024 at 05:36 am
- Bitcoin's meteoric rise has brought its fixed supply into the limelight. The "halving" event, occurring every four years, reduces the issuance rate of new coins, amplifying scarcity. As demand surges due to increased global awareness and utility, the limited supply fuels Bitcoin's ascent, attracting institutional investors. This influx of institutional capital reinforces the scarcity narrative, propelling prices to unprecedented levels.
- Is Ether a Security or an Investment? SEC Investigates
- Mar 24, 2024 at 05:34 am
- The Securities and Exchange Commission investigates whether Ether, the cryptocurrency, is an investment or security. This inquiry could impact digital asset regulation. Subpoenas have been issued to companies, including the Ethereum Foundation, indicating possible SEC involvement in the investigation.
- Grayscale's Ethereum Futures ETF Delayed Again: What's the Hold-Up?
- Mar 24, 2024 at 05:30 am
- The SEC has delayed its decision on Grayscale's Ethereum Futures ETF once again, pushing back the deadline to May 30, 2024. This hold-up has not surprised analysts, with Bloomberg's ETF expert, James Seyffart, seeing it as part of Grayscale's strategic plan to eventually secure approval for its spot ETH ETF.
- Meme Coins Battle for Attention: BEFE, Shiba Inu, and SLERF Vie for Investor Favor
- Mar 24, 2024 at 05:30 am
- Meme coins, including SLERF, Shiba Inu, and BEFE, have gained prominence in the cryptocurrency market. SLERF, with its viral marketing and community-driven ethos, has attracted attention. Shiba Inu, known as the "canine" of the industry, has experienced popularity and volatility. BEFE, as a utility token within the Bitgert ecosystem, has the potential to appeal to investors seeking a meme coin with utility.
- SEC Probes Ethereum, Classifies Ether as Security
- Mar 24, 2024 at 05:30 am
- Top Stories This Week: The SEC reportedly seeks to classify Ether as a security, with subpoenas issued to companies. Celsius aims to recover $2 billion in customer withdrawals made before its bankruptcy. A U.S. district court sanctions the SEC for "gross abuse of power" in the Debt Box case. Binance offers a $5 million reward for insider trading tip-offs. Former FTX CEO Sam Bankman-Fried's lawyers argue against a proposed 50-year prison sentence.
- SEC Subpoenas Companies, Raising Specter of Ether Security Classification
- Mar 24, 2024 at 05:30 am
- The SEC's subpoenas to companies are raising the specter of Ether's security classification. With a focus on the Ethereum Foundation, the agency's intent to classify ether as a security is under scrutiny. The investigation has sparked concerns about the future regulatory landscape for this digital asset.
- Seedify Set to Soar Again? Crypto Launchpad Platforms Continue to Shine
- Mar 24, 2024 at 05:30 am
- Is Seedify Poised to Repeat Its Meteoric Rise? In the realm of cryptocurrency, Seedify has emerged as a shining star, its native token (SFUND) skyrocketing over 1500% in just five months. Launched in ...
- AIgentX's $AIX Token Skyrockets with MEXC Listing, Unveiling AI's Power in Crypto
- Mar 24, 2024 at 05:28 am
- AIgentX's $AIX Token Soars to New Heights with MEXC Listing Is AIgentX the Key to Unlocking the Future of AI in Crypto? AIgentX, the groundbreaking AI crypto project, is set to make waves in the i...
- Crypto Valleys Blasts Off as Play-to-Earn Farming Sim Takes Center Stage
- Mar 24, 2024 at 05:13 am
- Is Crypto Valleys the Next Big Hit on Blast? A new game has emerged on the scene, capturing the attention of gamers and driving up the value of its native token. Crypto Valleys, a play-to-earn game bu...
- Ethereum Spot ETF Approval Delayed Amidst SEC Scrutiny
- Mar 24, 2024 at 05:09 am
- The recent approval of Bitcoin spot ETF has introduced investment options for small investors, but concerns arise over the potential approval of spot Ethereum ETFs. Galaxy Digital's analyst expresses skepticism due to the SEC's lack of involvement with ETF applicants and recent subpoenas to cryptocurrency companies regarding their interactions with the Ethereum Foundation. The SEC's classification of ETH as a security remains uncertain, and the outcome of the ongoing investigation may significantly impact the approval process and the price of ETH.
- Cardano's Surge Raises Hopes for $1 Mark: Whale Accumulation and Bullish Signals Abound
- Mar 24, 2024 at 05:06 am
- Cardano's Bullish Surge: Is $1 Within Reach? Cardano (ADA) has been making waves lately, with a surge in whale transactions and active addresses. Could this be a sign that ADA is poised to hit the...
- Floki's 2024 Roadmap: Embracing Utility, Expanding Practicality
- Mar 24, 2024 at 05:02 am
- Floki's 2024 roadmap emphasizes utility-driven initiatives, including regulated digital banking accounts and Floki debit cards for seamless transactions. Integration with the Venus DeFi protocol and the launch of the Valhalla mainnet are also planned, expanding FLOKI's liquidity and use cases within the DeFi and metaverse ecosystems.
- Meme Coin Craze: Ups, Downs, and Uncertain Futures in the Digital Wild West
- Mar 24, 2024 at 05:00 am
- The meme coin market is experiencing a tumultuous period with the rise of SLERF, the decline of Shiba Inu, and the steady performance of BEFE. SLERF's rapid growth and subsequent downfall raise concerns about its legitimacy, while Shiba Inu's massive sell-off and lack of recovery indicate a potential decline. In contrast, BEFE's bullish pattern and strong community suggest a potential for recovery. As investors navigate the uncertain market, they must carefully consider the strengths and weaknesses of each coin to maximize their potential returns.