Semilore Faleti has emerged as a significant figure in the realm of cryptocurrency journalism, carving out a niche in a field that is both complex and ever-evolving. Initially dabbling in various topics, Semilore’s curiosity and analytical mind drew him into the intricacies of blockchain technology and digital currencies. His dedication to breaking down the often
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In recent days, Bitcoin (BTC) has faced substantial challenges, eliciting a wave of speculation among investors and analysts alike. As the leading cryptocurrency by market capitalization, Bitcoin’s movements tend to reflect broader market sentiments, and this week has been no exception. Following a steep decline from a previous high of nearly $99,000, Bitcoin’s price dipped
In the landscape of cryptocurrency trading, the presence of gaps in Bitcoin’s price—often spotlighted through the Chicago Mercantile Exchange (CME) futures—holds substantial significance. Recently, a new gap has emerged within the price range of $78,000 to $80,700. This gap is more than just a number; it signifies a critical junction that traders and investors should
On March 17, the CME Group announced its intention to launch futures contracts for Solana (SOL), pending regulatory clearance. This strategic move underscores the increasing demand among clients for sophisticated financial tools in the cryptocurrency market. The futures contracts will be offered in two different sizes, with a 25 SOL micro-contract option for smaller trades
The rapidly evolving landscape of cryptocurrency has brought forth significant challenges for regulatory agencies, particularly the United States Securities and Exchange Commission (SEC). Recent actions taken by the SEC, including the dismissal of various lawsuits against key players in the crypto industry, have raised concerns about the implications of such a strategy. Commissioner Caroline Crenshaw
Thorchain, a decentralized exchange protocol that emphasizes interoperability, currently finds itself in a crisis that raises significant questions about its governance and long-term viability. This situation intensified after revelations emerged that North Korea’s infamous Lazarus Group has exploited the protocol to launder funds. With key developers resigning amidst accusations of insufficient action against illicit activities,
In a significant move that underscores the tensions between cryptocurrency exchanges and regulatory bodies, Dunamu, the parent company of Upbit—the largest cryptocurrency exchange in South Korea—has initiated legal proceedings against the Financial Intelligence Unit (FIU). This lawsuit stems from the FIU’s suspension of certain business operations due to alleged regulatory non-compliance related to customer due
Bitcoin, a digital currency that has become synonymous with volatility and financial speculation, is currently experiencing turbulent times. Over the past few months, traders and investors have witnessed a drastic decline in its value, leading many to suggest that the cryptocurrency is entrenched in a bear market. Skepticism looms large as contrasting forecasts from industry
On a significant note in the timeline of cryptocurrency regulation, Cameron Winklevoss, co-founder of the digital asset exchange Gemini, announced that the U.S. Securities and Exchange Commission (SEC) has officially concluded its investigation into the firm without pursuing any enforcement action. This announcement comes almost two years after the SEC’s inquiry was initiated, and notably,
The cryptocurrency landscape has found itself increasingly under the microscope of regulatory bodies, most notably the U.S. Securities and Exchange Commission (SEC). Recently, Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, publicly criticized the SEC’s handling of its investigations into crypto firms, following the news that the agency had dropped its inquiry into Gemini without