Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Regulators
ETH News: Spot Ether ETF Approval Imminent: US Regulators Target July 4 Launch According to Reuters
Two executives close to the discussion around Ether ETFs and a lawyer of one of the issuers have assured that the launch could take place in a week or two. According to reports, the process of amending the documents has reached an advanced stage with just the “finishing touches” needed to get ready. The 19b-4 forms tied to the spot Ethereum (ETH) Exchange-Traded Funds (ETFs) were recently approved for American exchanges pending the official approval of S-1 forms for trading.…
12 months ago
Crypto Weekly Roundup: Regulators Clamp Down On Ethereum & More
With Bitcoin soaring to new heights, the attention is now on Ethereum and all the pending applications for multiple spot Ethereum ETFs. Will the SEC finally approve them? Let’s find out more. Bitcoin Bitcoin could be poised for even greater gains after a strong start to the year after analysts at Bernstein predicted a bullish end to the year for the world’s largest cryptocurrency. Ethereum Alex Thorn, the head of firmwide research at Galaxy Digital, has suggested a spot Ethereum…
1 year ago
How Regulators Manage to Retrieve Scammed Crypto Funds
The cryptocurrency industry is slowly but surely catching up with the world today. It has transcended through skepticism and unpopular culture to become one of the most thriving spaces in the financial sector. Furthermore, it has a top option for people looking to invest their money, whether due to its lucrative nature or monetary insurance. Over the years 2020 and 2021, we have seen several digital currencies skyrocket to new all-time highs. However, as the crypto world thrives, so do…
4 years ago
Managerial Changes at OKCoin; Tim Byum is the New GGRO
OKCoin is currently leading in digital asset exchange, and it operates in about 184 countries. OKCoin, on March 6th, announced the appointment of Tim Byun as OKGroup's GGRO (Global Government Relations Officer). In similar changes, Hong Fang, OKGroup's current company chairman, was announced as the CEO, changes that will take effect on March 31st, 2020. Mr. Byun's role in the creation of OKCoin, especially in the US, was excellent, with him propelling the company to launch its first US office.…
5 years ago