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
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Investors and gamers are increasingly turning to pre-market trading as a way to gain early access to sought-after game tokens in platforms such as Hamster Kombat, Catizen, WatBird, and X Empire. This method presents traders with the opportunity to acquire tokens before they are officially released to the public. By engaging in pre-market trading, investors
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Bitcoin recently experienced a significant daily surge, jumping from $53,600 to over $58,000 in just one day. This surge has left many in the crypto community wondering about the reasons behind this impressive price movement. One possible explanation lies in the US spot Bitcoin ETFs that have been in play since mid-January this year. These
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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
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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
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Samuel Edyme, affectionately known as HIM-buktu, is a multifaceted individual with a diverse skill set. His career trajectory as a web3 content writer, journalist, and aspiring trader showcases his adaptability and keen insight. Despite facing setbacks early on in his foray into the crypto world, Edyme persevered and transformed his experiences into valuable market analysis
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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
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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
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Bitcoin (BTC) witnessed a significant price drop over the weekend, triggered by the release of August nonfarm payrolls (NFP) data which failed to meet analysts’ expectations. The cryptocurrency experienced a sharp decline of nearly 5%, plunging below the $54,000 range and hitting its lowest level since early August. This sudden price weakness not only impacted
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