Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has displayed a complex trend in recent weeks, particularly after encountering resistance near the $2,700 mark. The cryptocurrency has seen a dip below critical psychological levels, reflecting market sentiment influenced by broader trends in cryptocurrency prices. As it stands, Ethereum is currently trading above the $2,550 support
The recent sentencing of Caroline Ellison, the former CEO of Alameda Research, marks a pivotal moment in the ongoing saga surrounding the collapse of FTX. Sentenced to two years in prison and ordered to forfeit an astonishing $11 billion, Ellison’s case not only embodies individual accountability but also raises vital questions about ethical practices in
The recent actions taken by the US Securities and Exchange Commission (SEC) against TrueCoin and TrustToken shed light on the increasingly critical landscape of cryptocurrency regulation. The September 24 announcement revealed that these entities faced allegations of fraudulent and unregistered sales of investment contracts connected with their TrueUSD (TUSD) stablecoin. Notably, the companies opted for
In a recent congressional hearing, SEC Chair Gary Gensler faced intense scrutiny regarding the regulatory agency’s strategies for managing the burgeoning cryptocurrency market. An immediate point of contention arose when Gensler’s written testimony notably failed to address digital assets, which left a vacuum for inquiry and criticism from lawmakers. This omission raised eyebrows and sparked
In the rapidly evolving universe of digital currencies, few figures have made a mark quite like Semilore Faleti. With his unique expertise in cryptocurrency writing and journalism, Semilore has dedicated his career to unraveling the complexities of blockchain technology and digital assets. His journey, which began with a broad writing palette, transitioned into a focused
Opeyemi’s foray into the cryptocurrency landscape didn’t stem from a lifelong fascination but rather unfolded over two transformative years. Initially unaware of the potential that the digital asset arena holds, he has since become deeply immersed, illustrating the allure and excitement of this financial frontier. His journey reflects a common narrative in the crypto world—individuals