Opinion

Marc Berger, who served as acting Director of the Division of Enforcement at the Securities and Exchange Commission (SEC) for a short time, will conclude his tenor by the end of this month. Berger, who replaced Stephanie Avakian as an acting director of the Division after she departed from the SEC in December, will be stepping down. Mr. Berger joined the Commission as Director of the New York Regional Office in Dec 2017 before being named Deputy Director of the…

The global crypto ATM market value is at $ 18.35 million in 2019, and it has a projection to reach $ 542.52 million by 2027, a CAGR of 52.7% over the forecast period. A research expert on cryptocurrency ATMs revealed a new analysis of the 2019-2027 situation, based on in-depth analysis with industry experts' involvement and the best suppliers in the business. The Cryptocurrency ATM Market Report analyzes stakeholder opportunities across Cryptocurrency ATMs and identifies high-growth segments.  The Analysis Details…

A recent report from The Times revealed that HSBC, one of the largest banks in the UK, was barring bitcoin holders from cashing out their gains. The report added that some of Britain's largest banking institutions refused to accept credit cards for crypto purchases.  This blatant anti-crypto stance from banks only adds to hassle for holders who wish to take advantage of bitcoin's record-breaking rally. One user commented that banks' failure to process digital asset payments would result in users…

Bitcoin and other digital coins saw a two-day decline on Monday, wiping $170 billion from the entire cryptocurrency market. According to Coinmarketcap, its market cap was $1.1 trillion the day before and currently stands at $954.53 billion. The cryptocurrency sell-off occurred after a significant rally signaling investors profit cash out. Bitcoin is still up more than 340% in the past 12 months, hitting a record high of under $42,000 last week. Crypto Exchanges Report High Liquidation Volumes The largest cryptocurrency…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1.07 trillion. Bitcoin increased by roughly 27% to trade above $40,000 Ethereum increased by more than 70% to trade well above $1,200. XRP recovered from its recent downfall to register an increase of over 50% in value. The US Government has allowed the country’s banks to use stablecoins and blockchain technology in a decisive…

The new year started with a bang as Ethereum managed to rocket from $770 to hit $1,151 in just 48 hours – a level last seen in January 2018. The rally came about as ETH gained momentum following big brother bitcoin's colossal uptrend over the same period. The latest push higher by ETH has many speculating that the popular altcoin is well poised to soar to a new all-time high. Although 2020 will be remembered as the year of BTC,…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $869 billion. Bitcoin increased by nearly 23% to set a new ATH at $34,608. Ethereum increased by nearly 30% to trade above $800. XRP continues to bleed heavily after losing more than 25% over the last seven days. Most altcoins register substantial value boosts, with Dogecoin leading the way with a 155% increase. Crypto…

The Securities Exchange Commission (SEC) of the US filed a class action targeting Ripple Labs Inc. and two of its key executives on 22 December 2020. The legal action was about the allegations of a perceived continued fraudulent trade in XRP as determined by a three-person investigation team of the SEC's Cyber Unit. The filed lawsuit alleged that the two executives raised over $1.3 billion via the continued sale of unregistered crypto assets. The two ripples, the co-founder and former…

Leading cryptocurrency exchange, Binance has announced a compensation plan for the COVER hack victims on its platform. This is a remarkable gesture from the exchange towards its customers that lost their tokens in the hack. $10 million to be distributed from Binance SAFU Fund Binance revealed more about the compensation plan in an extensive blog post on its website. According to the exchange, the decision to compensate affected customers was taken after a COVER team meeting. The embattled Defi platform informed…