The crypto industry is bracing for a significant shift in regulatory tone following Paul Atkins’ swearing-in as chair of the US Securities and Exchange Commission on April 21. A former SEC commissioner with deep roots in deregulatory philosophy, Atkins replaces Gary Gensler, whose combative stance toward crypto defined much of the agency’s recent legacy. In…
Dogwifhat (WIF) has surged 60% in a week and 21% in 24 hours. Derivatives volume has soared to $1.06B, and the open interest has risen to $301M. The 14-day RSI is above 72, indicating overbought conditions. Dogwifhat (WIF) rose sharply, gaining 60% over the past week and 21% in the last 24 hours, reflecting heightened…
An official of the Swiss National Bank dismissed calls for the institution to add Bitcoin to its reserves as a hedge against the ongoing macroeconomic turmoil. According to an April 25 Reuters report, Swiss National Bank Chairman Martin Schlegel said that “cryptocurrency cannot currently fulfil the requirements for our currency reserves” during a shareholder meeting…
Decentralized AI startup Nous Research has raised $50 million in a Series A round led by crypto venture giant Paradigm, marking one of the largest investments at the intersection of blockchain and artificial intelligence to date. According to an April 25 report from Fortune, the funding round values Nous at a $1 billion token valuation….
Key points: Bitcoin is witnessing a tussle between buy and sell volume as BTC/USD hits its highest levels since the start of March. BTC price action is making traders increasingly wary due to the pace of recent gains. $100,000 is likely to remain out of reach for the short term, multiple commentators say. Bitcoin (BTC)…
Bitwise Asset Management has taken a significant step toward launching a new exchange-traded fund (ETF) based on NEAR Protocol’s native token, NEAR. According to information on Delaware’s official state website, the firm registered a new entity called Bitwise NEAR ETF on April 24. The filing, listed under number 10174379, classifies the entity as a corporate…
What is a Bitcoin flash crash? A Bitcoin flash crash is a sudden, sharp plunge in the market price of BTC that only lasts a short period of time before prices start to normalize. The appearance of unique market conditions causes a jolt in the leading cryptocurrency’s market price. Typically, the reason behind a flash…
Opinion by: Daniel Ahmed, co-founder of Fasset and founding member of the Own Foundation Crypto was born from a vision to decentralize power, democratize finance and build systems where equity prevails over exploitation. Somewhere along the way, however, the movement lost its moral compass. As speculation surged, purpose dwindled. We must return crypto to its…
The SEC originally filed its complaint against Dragonchain in August 2022, claiming that it conducted unregistered securities offerings. The SEC originally filed its complaint against Dragonchain in August 2022, claiming that it conducted unregistered securities offerings. Law and Order Decrypt
“Bitcoin and the Nasdaq have seen a strengthening positive correlation since the start of the year, which is now above 50%,” an analyst told Decrypt. “Bitcoin and the Nasdaq have seen a strengthening positive correlation since the start of the year, which is now above 50%,” an analyst told Decrypt. , Coins Decrypt
