Recently, Congressman John Rose unveiled a significant legislative proposal known as the BRIDGE Digital Assets Act, aimed at enhancing the regulatory landscape for digital assets in the United States. This initiative seeks to address the pressing need for clearer guidelines and more effective collaboration between two crucial regulatory bodies: the Commodity Futures Trading Commission (CFTC)
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Recent analysis from crypto expert Daan Crypto has brought attention to the Bitcoin Rainbow Chart, shedding light on the critical price levels that dictate Bitcoin’s current market behavior. His central thesis suggests that for Bitcoin to initiate a bullish reversal, it must decisively break and hold above the $60,000 mark. This sentiment is underscored not
In a significant development, online trading platform eToro has announced it will suspend trading in most digital assets after reaching a $1.5 million settlement with the U.S. Securities and Exchange Commission (SEC). This decision, revealed in a statement issued on September 12, comes on the heels of an investigation that found eToro allowed U.S. clients
Aayush Jindal is a name that resonates deeply within the financial trading community, particularly in the realms of Forex and cryptocurrency. His remarkable trajectory, enriched with over 15 years of specialized experience, showcases a blend of technical prowess, analytical acumen, and an innovative mindset. Jindal’s fascination with financial markets began in his youth, a chapter
The cryptocurrency market is a dynamic and often unpredictable arena where shifts in sentiment and price can occur rapidly. XRP, the native digital asset of the XRP Ledger (XRPL), has found itself at the crossroads of both promise and stagnation. Recent analyses suggest a newfound optimism among certain crypto analysts, who point to potential catalysts
Ryan Salame, a former executive of the now-defunct cryptocurrency exchange FTX, is embroiled in a legal quagmire that reveals intricate layers of deception, potential perjury, and serious implications for campaign finance norms in the United States. His recent admissions during a court session have unveiled not only his contradictions but also raised questions regarding the
In an era marked by volatility and uncertainty, the cryptocurrency market finds itself under intense scrutiny. The recent forecast from 10x Research casts a shadow over Bitcoin (BTC), suggesting a possible plunge in its value to as low as $45,000. This prediction raises alarming questions about the stability of the digital asset landscape and the
The Commodity Futures Trading Commission (CFTC) recently announced a partnership with federal and private organizations to tackle the rise of crypto scams, particularly the so-called “pig butchering” schemes. These scams have resulted in billions of dollars in losses due to a lack of awareness and understanding among consumers. The CFTC’s campaign aims to preemptively prevent
Recently, Jameson Lopp, co-founder of CasaHODL, has brought attention to a dangerous phishing scam that is specifically targeting users of the cryptocurrency exchange Gemini. This scam involves sending fake data breach notices to users, claiming that their funds are at risk due to a security breach. The scammers then instruct users to transfer their funds
The recent recovery of Bitcoin at the beginning of the week has brought hope to investors who have been facing bearish movements in the market for the past month. Despite the positive movement in price, there are still risks that could potentially halt the rally. Crypto analyst Rekt Capital has highlighted the significance of certain