U.S. DoJ charges against BTC-focused Samourai Wallet founders elicit mixed reactions. BTC’s recovery stalled after the development, reversing early week gains. I believe that the U.S. Department of Justice’s charges against Samourai Wallet founders represent a significant blow to the privacy-focused Bitcoin community. The arrests come at a time when privacy is increasingly becoming a … Read more
Based on my experience and understanding of the regulatory landscape for cryptocurrency exchange-traded funds (ETFs) in the United States, I believe that the SEC is highly unlikely to approve a spot Ether ETF in May. The recent meetings between issuers and the SEC have reportedly been one-sided, with agency staff not discussing any substantive details … Read more
Biden’s 44.6% capital gains proposal raises questions in the crypto community about its impact. Perspectives vary on Biden’s tax hike: some fear, while others remain unconcerned. As someone who closely follows the crypto community and the tax policies that may impact it, I have mixed feelings about President Biden’s proposed capital gains rate hike. On … Read more
Bitcoin’s post-halving surge altered investor behavior, as shown by Blackrock’s ETFs. HBAR surges 107% after tokenizing BlackRock fund; later drops 19%. Bitcoins [BTC] impressive gain in value since its recent halving has generated a lot of buzz and interest. The event caused a substantial change in investing trends regarding Bitcoin, as evidenced by Blackrock’s Bitcoin … Read more
BNB Chain announced that users can now stake their BNB tokens directly on the BNB Smart Chain (BSC), which is a key step in moving the functionalities of the BNB Beacon Chain over to BSC as the latter takes over. In an announcement sent to CryptoMoon, BNB Chain noted that the BNB Beacon Chain will … Read more
Members of Nigeria’s blockchain community are optimistic and trusting of the new Securities and Exchange Commission (SEC) director-general. Their positive outlook stems from the appointee’s supportive stance towards cryptocurrencies, which is viewed as beneficial for the local crypto market. Bola Ahmed Tinubu, the president of the country, has announced that Emomotimi Agama, a previous managing … Read more