SEC aims to classify Ethereum as a security, while Binance offers rewards for reporting insider trading: Hodler’s Digest The United States Securities and Exchange Commission reportedly issued numerous subpoenas to companies as part of its efforts to classify Ether as a security. According to a recent report, an SEC investigation into the Ethereum Foundation could...Continue Reading
Explore the genesis block that marks the inaugural moment of Bitcoin’s existence and the cornerstone of cryptocurrency history. The genesis block kickstarts a blockchain by establishing the network, adhering to consensus rules and linking all future blocks back to the origination point. In proof-of-work (PoW) chains, the genesis block is the first block ever mined...Continue Reading
The recent Anti-Money Laundering legislation specifically outlaws certain limits for cash transactions and anonymous cryptocurrency payments. In a recent regulatory change, the European Union (EU) has prohibited cryptocurrency transactions of any value made through unidentified self-custody crypto wallets. This update is a component of the region’s newly implemented Anti-Money Laundering (AML) regulations. According to a...Continue Reading
Young Ju noted that new BTC whales have an on-chain cost basis of around $56,000 and expects substantial capital influxes into the spot Bitcoin ETF market if BTC reaches this price level. Amid Bitcoin’s price decline, the spot Bitcoin ETF market has been gloomy recently. Despite these persistent declining net flows, Ki Young Ju, a...Continue Reading
Bitcoin faces its “biggest headwind” in the form of GBTC outflows, but the good times could be back for BTC price action after next week, predictions say. Bitcoin (BTC) could already be seeing “momentum turning” as institutional BTC outflows recede. The latest data from sources, including United Kingdom-based investment firm Farside shows the Grayscale Bitcoin...Continue Reading
Floki expands beyond memecoin status by introducing debit cards, digital accounts, and educational platforms for users. The development team behind the dog-themed memecoin Floki Inu has unveiled its roadmap for 2024, revealing several upcoming features and utility-focused initiatives. This includes regulated digital banking accounts, enabling users to create and fund bank accounts using FLOKI tokens. ...Continue Reading
Bitcoin remains in demand among Argentines as the ARS has lost fourfold value against the US dollar in the last year, dropping from 0.0049 USD per ARS in March 2023 to 0.0012 USD at present. Argentines’ efforts to preserve their savings amid the ongoing decline of their national currency, the Argentine peso (ARS), has resulted...Continue Reading
The United States securities regulator has postponed its decision on approving Grayscale’s Ethereum Futures Trust ETF product until the end of May. The United States Securities and Exchange Commission (SEC) has extended the deadline yet again to decide on the approval of digital asset management firm Grayscale’s Ethereum (ETH) Future Trust exchange-traded fund (ETF). In...Continue Reading
On-chain activity within Ethereum layer-2 protocols and ETH derivatives data suggests that the altcoin will hold the $3,200 level. Ether (ETH) price faced a significant setback after encountering robust resistance at the $4,100 mark on March 12. Ether has seen a 9% decline over the past week, underperforming when compared to the broader cryptocurrency market,...Continue Reading
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