Crypto Biz: SEC targets Robinhood, Grayscale’s Ethereum ETFs, and more

As a seasoned financial analyst with extensive experience in the cryptocurrency industry, I’m closely monitoring the recent developments that have unfolded this week. The latest turn of events includes Robinhood receiving a Wells notice from the SEC for potential securities violations related to their cryptocurrency listings and custodian operations. This news comes as no surprise … Read more

Eigenlayer team launches EIGEN token – but it’s non-transferable till September

As a seasoned crypto investor with a keen interest in decentralized finance (DeFi) projects, I’ve seen my fair share of airdrops and their accompanying controversies. The recent Eigenlayer airdrop, which began its token-claim process for Season 1, Phase 1 rewards, has certainly piqued my curiosity. According to a recent blog post from the Eigenlayer development … Read more

Bitcoin price flash crash raises chance of BTC dip to $54K

As an experienced analyst, I’ve witnessed many volatile price movements in the cryptocurrency market, and the sudden crash of Bitcoin (BTC) on May 10 was yet another reminder of its inherent risk. Leveraged long traders were once again caught off guard as BTC plummeted from a high of $63,494 to an intraday low of $60,308 … Read more