Category Archive: Cryptocurrency, No picture
Chris Giancarlo, ex-CFTC chair, emerges as frontrunner for White House ‘crypto czar’ role
Key Takeaways Chris Giancarlo is a frontrunner for the first-ever crypto role in the White House. The leader of the proposed role would help establish a framework for the $180 billion stablecoin market. Share this article Chris Giancarlo, former chairman of the Commodity Futures Trading Commission (CFTC), has emerged as a leading contender for a […]
Best Tokens To Buy In December 2024: Top Picks For Gains
Image Source: Unsplash The crypto market often experiences unique trends and opportunities as the holiday season approaches. December 2024 promises exciting investment prospects, with several tokens poised for significant gains. This guide highlights the best tokens to buy in December 2024, including top-performing altcoins and cryptos with high potential, to help maximize your investment returns during the holiday bull run. […]
SEC Chair Gary Gensler to step down on January 20
Key Takeaways Gary Gensler will step down as SEC Chair on January 20, 2025. SEC Chair highlights crypto enforcement as 18% of agency tips focused on digital assets, despite their small market share. Share this article SEC Chair Gary Gensler will step down from his position on January 20, 2025, after serving as the agency’s […]
Oil Prices Surge As Geopolitical Tensions Escalate In Russia-Ukraine War
Image Source: Unsplash Oil prices soared on Wednesday as geopolitical premiums returned to the market amid heightened tensions between Russia and Ukraine. The rise in prices comes despite bearish data from the US Energy Information Administration, which showed oil stockpiles in the country rose last week. Tensions remained high between Russia and Ukraine as the latter have now […]
FTX set to begin creditor distributions in early 2025
Key Takeaways FTX plans to start distributing proceeds to creditors and customers in early 2025. Eligible customers must complete KYC verification and submit required tax forms to receive distributions. Share this article FTX, the infamous crypto exchange once led by Sam Bankman-Fried, plans to begin distributing proceeds to creditors and customers in early 2025 as […]
FTSE Posts Gains As Manufacturer Outlook Points To Green Shoots
Image Source: Unsplash The FTSE 100 saw small increases in Thursday’s trade as worries about inflation and geopolitics were overcome by a bullish outlook for the manufacturing sector. Bond yields in the U.K. increased as markets reduced expectations of interest rate cuts from the Bank of England amid higher-than-expected inflation. The Confederation of British Industry’s Industrial […]
S&P 500 At Pivotal Zone
Image Source: Unsplash S&P 500 at pivotal zone as Nvidia fails to meet lofty revenue expectations After the recent US presidential election, where Trump’s win gave a big boost to US stock markets, the S&P 500 has been consolidating – falling last week and being slightly higher so far this week. In other words, it has […]
Solana price hits $250 for the first time in three years amid SEC progress on Solana ETF applications
Key Takeaways Solana’s SOL token price surged to $250, nearing its all-time high amid SEC discussions with ETF issuers. The SEC has initiated talks with Solana ETF issuers like VanEck and 21Shares on S-1 forms. Share this article Solana’s SOL token surged to $250, its highest level since November 2021, on Thursday morning. The surge […]
MARA Holdings completes $1 billion debt offering to acquire more Bitcoin
Key Takeaways MARA Holdings successfully raised $980 million net through a $1 billion debt offering. Funds will be used for repurchasing existing notes and Bitcoin acquisitions. Share this article MARA Holdings said Thursday it had completed a $1 billion offering of zero-interest convertible senior notes. The majority of the net proceeds will be used to […]
Solana Price Rally: Can Bulls Push SOL Past $350 After Crossing $241?
Bitcoin’s historic ascent continues to dominate headlines as it soars to an all-time high of $98,024.This milestone pushed its market capitalisation to $1.91 trillion, reflecting a 4.74% jump in mere hours.Trading volume also surged 17.88%, reaching $88.38 billion in the last 24 hours.In parallel, US-listed Bitcoin ETFs surpassed $100 billion in total assets under management […]
