After more than three years, the SEC has closed its investigation into Hiro Systems and the Stacks blockchain without recommending any enforcement action. This investigation began following the first-ever SEC-qualified offering by Stacks in 2019. The Stacks ecosystem has been decentralized since before the mainnet launch in January 2021. In June 2021, the SEC’s Enforcement
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Elon Musk, the CTO and chairman of X, has publicly accused the European Commission of offering the social media platform an “illegal secret deal” to censor speech in order to avoid fines in the EU. Musk made these claims on social media in response to the EC’s publication of preliminary findings from an investigation under
The Securities and Exchange Commission (SEC) has recently announced the closure of its investigation into Hiro and the Stacks blockchain without recommending any enforcement action. This marks the end of a three-year long investigation that began following the first-ever SEC-qualified offering by Stacks in 2019. The Stacks ecosystem has been decentralized since before the mainnet
Recently, Bitcoin surged to an all-time high above $73,000, causing speculations about whether the cryptocurrency has reached its peak in this cycle. Amidst these discussions, a crypto analyst known as ‘CryptoCon’ conducted a detailed evaluation of Bitcoin’s price trends and future prospects, suggesting that there is still significant upward momentum on the horizon. On July
Decentralized Autonomous Organizations (DAOs) have been gaining attention in the blockchain community as innovative entities designed for collective goals. The UK Law Commission recently published a scoping paper to discuss the legal implications of DAOs in the country. While recognizing the potential of DAOs, the Commission highlighted the challenges in defining and regulating these entities
Recently, the US Securities and Exchange Commission (SEC) made a groundbreaking decision by accepting a proposal with exceptions for certain institutions affected by the controversial Staff Accounting Bulletin No. 121 (SAB 121). This move by the SEC has allowed banks and brokerages to adopt new business practices that provide exceptions to the crypto accounting compliance
Bitcoin price has faced a series of challenges in breaking through key resistance levels, particularly in the $59,500 to $60,000 range. Despite making attempts to surpass these levels, BTC has consistently struggled to maintain upward momentum. With Bitcoin now trading below $57,500 and the 100 hourly Simple moving average, the immediate resistance is around $57,750.
Aayush Jindal has emerged as a prominent figure in the financial markets, with over 15 years of experience in Forex and cryptocurrency trading. His expertise in technical analysis and chart interpretation has solidified his reputation as a trusted advisor and senior market expert for investors globally. From a young age, Aayush demonstrated a natural talent
Aayush Jindal is a prominent figure in the financial markets, boasting over 15 years of experience in Forex and cryptocurrency trading. His reputation as a trusted advisor and senior market expert is well-deserved, as he possesses unparalleled proficiency in technical analysis. Since a young age, Aayush has demonstrated a natural talent for deciphering complex systems
Ethereum price has shown positive momentum, extending its increase above the $3,120 resistance zone. The digital currency could soon aim for a move above the $3,200 resistance. The price is currently trading above $3,080 and the 100-hourly Simple Moving Average, indicating a bullish trend in the short term. Hourly MACD for ETH/USD is losing momentum