This shift suggests that investors are increasingly opting to hold onto their crypto assets rather than selling them, a potential sign of growing market stability.
Gallagher is not the only individual who is being considered for the SEC Chair position.
The SEC Commissioner criticized the Gensler-led agency’s approach to regulating crypto assets, particularly regarding the disclosure of information in Form S-1 filings.
The Digital Asset Alliance, which represents crypto companies, has said it will conduct a proper review of 1,333 altcoins over the next six months.
Gurbir Grewal, SEC’s Enforcement Director, said Silvergate failed to detect nearly $9 billion in suspicious transfers between FTX and its affiliates. Silvergate neglected its anti-money laundering duties and potentially allowed illegal activity.
Despite PostFinance’s recent addition of new cryptocurrencies to its trading platform, the crypto landscape for banks in Switzerland has not been without challenges.
This effort is geared towards enhancing both energy efficiency and transparency throughout the network.
Bitcoin has faced a big drop in its price recently, raising concern among investors and market watchers. Over the past 30 days, the cryptocurrency has witnessed a notable decrease of 7% in its value.
Despite exiting the top 10 list of largest cryptocurrencies, SHIB continues to maintain its position among the big players in the meme coin market.
Like a couple of other crypto exchanges, Binance and its then-CEO Changpeng Zhao were indicted by the SEC in June 2023.
Coinbase insists that so long as Binance’s BNB is not a security, its case should not be any different.
The Mesh and Conio’s integration is focused on Europe as it is well bolstered by the recently rolled out MiCA regulations.
With Tether, residents of the Philippines can contribute to the program using its USDT stablecoin.
This market outlook is bound to question the sentiments of critics like Peter Schiff who have constantly spoken against Bitcoin’s status as a “safe haven”.
CertiK will expand its offerings on Alibaba Cloud by adding penetration testing and the Skynet due diligence tool.