The Digital Chamber (TDC) has taken a stand by calling on Congress to pass legislation that would categorize certain non-fungible tokens (NFTs) as consumer goods and therefore exempt them from federal securities laws. This move comes in response to the growing worries surrounding the Securities and Exchange Commission’s (SEC) recent actions, including sending a Wells
Recent predictions about the future price of Bitcoin have been causing quite a stir in the cryptocurrency community. Bernstein analysts, Mahika Sapra, Sanskar Chindalia, and Gautam Chhugani, have taken a bullish stance on the potential outcome for Bitcoin. They have suggested that the Bitcoin price could break $90,000 and even rally towards $100,000, with a
The US Securities and Exchange Commission (SEC) has been facing ongoing concerns regarding the Staff Accounting Bulletin No. 121 (SAB 121). Commissioner Hester Peirce has recently voiced her reservations about this regulation, emphasizing the need for a reevaluation of its content and process. Peirce’s comments follow a speech by SEC Chief Accountant Paul Munter, who
The Cardano (ADA) ecosystem recently underwent significant growth in various key metrics, coinciding with the planned Chang upgrade that was successfully implemented on September 1. Despite facing a bearish market sentiment that impacted ADA’s price, the Cardano Foundation reported a surge in investor activity and blockchain usage. According to a social media post by the
In light of recent security breaches in the cryptocurrency world, the role of third-party audits in verifying the security of platforms has come to the forefront. Grant Thornton, a leading global auditor, recently conducted a comprehensive review of Liminal’s infrastructure following a hack on WazirX. The results of the audit provided valuable insights into the
In recent months, Coinbase has experienced a sharp decline in market share according to a report by research firm Kaiko. Earlier this year, Coinbase dominated more than half of the US crypto market share, reaching almost 55% in March. However, as of early September, its market share has dropped to 41%, down from 53% in
Ethereum, one of the top cryptocurrencies by market cap, has been facing a bearish movement recently, leading to a drop in its price. This downward trend has left many investors in the red and has raised concerns about the future of ETH. Despite its popularity, Ethereum continues to underperform compared to other cryptocurrencies in the
Crypto analyst Daan Crypto recently highlighted a Bitcoin Rainbow Chart, shedding light on the crypto’s current price action. According to Daan Crypto, Bitcoin needs to maintain a price level above $60,000 to initiate a bullish reversal in its trend. The analyst emphasized the significance of breaking above $60,000 for Bitcoin to potentially reach new highs
Opeyemi is a writer deeply immersed in the world of cryptocurrency. Despite not initially choosing the digital asset industry, he has become captivated by it over the past two years. He is known for creating insightful pieces that demystify blockchain technology and discuss the latest trends in cryptocurrencies. Opeyemi spends a significant amount of time
The US Securities and Exchange Commission (SEC) has been vocal about the need for retail investors to have more timely access to fund portfolio data. The current regulatory framework mandates that registered investment companies provide periodic portfolio holdings data to the Commission and investors. However, this data is often delayed, leaving investors with outdated information,
