Recently, lawmakers have initiated a joint investigation into the Securities and Exchange Commission (SEC), expressing concerns over potentially politically motivated hiring practices within the agency. The investigation, led by Committee Chairmen Jim Jordan, Patrick McHenry, and James Comer, aims to ascertain whether the SEC violated federal laws by considering political affiliations in the recruitment of
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Bitcoin has shown a positive trend with a decent increase above the $57,500 resistance level. This indicates a potential move towards the $60,000 mark. The price is currently trading above $57,200 and the 100 hourly Simple Moving Average, suggesting a bullish momentum. There was a break above a short-term declining channel with resistance at $56,650
US Securities and Exchange Commission (SEC) Commissioner Hester Peirce has been vocal about her ongoing concerns regarding the SEC’s Staff Accounting Bulletin No. 121 (SAB 121). In a response to a speech by SEC Chief Accountant Paul Munter on Sept. 9, where Munter reaffirmed the SEC’s unchanged stance on SAB 121, Peirce reiterated her apprehensions
In light of the recent hack that targeted WazirX’s systems, Grant Thornton, a leading global auditor, conducted a thorough review of Liminal’s infrastructure to assess any potential vulnerabilities. The audit found no evidence of compromise in Liminal’s frontend, backend, or user interface, providing reassurance that the platform’s self-custody wallet services remained secure throughout the incident.
Recent data from research firm Kaiko reveals a significant shift in market share among crypto exchanges in the US. The once dominant player, Coinbase, has experienced a decline in market share from over 50% to 41% in recent months. On the other hand, smaller exchanges like Bullish have seen their market share nearly double, reaching
Bitcoin’s price has recently shown signs of improvement, surpassing the $55,500 resistance level. As of now, BTC is consolidating and may target higher gains if it manages to surpass the $58,000 resistance mark. Bitcoin has seen an upward trend from the $52,500 support area, currently trading above $55,500 and the 100 hourly Simple Moving Average.
Dogecoin (DOGE) is currently facing a critical juncture after being rejected at the $0.09149 level. This rejection has caused the price to retreat towards a key trendline, putting the cryptocurrency in a decisive position. Market observers are closely monitoring to see if the bulls can regroup and trigger a breakout above this important level. A
In 2024, the US Securities and Exchange Commission (SEC) made headlines by imposing a staggering $4.68 billion in fines against various crypto companies. This marked a significant increase from previous years and indicated a more aggressive regulatory approach by the agency. According to a report by Social Capital Markets, the total fines imposed by the
Cryptocurrency analyst Thomas has come forward with his Bitcoin price prediction for the year 2030, linking it to the outcome of the upcoming US presidential elections. According to Thomas, regardless of whether Donald Trump or Kamala Harris emerges victorious, Bitcoin is headed towards hitting the $1 million mark by 2030. This bold statement has stirred
The Digital Chamber (TDC) has recently made a plea to Congress to pass legislation that would categorize certain non-fungible tokens (NFTs) as consumer goods rather than subjecting them to federal securities laws. This request comes in the wake of increased scrutiny from the Securities and Exchange Commission (SEC), particularly through actions taken against NFT marketplace