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Musk didn't identify his replacement by name, but said she'll start in about six weeks. The billionaire – who bought Twitter last year and, following a poll that suggested this, said he'd find someone else to serve as CEO – will shift into the executive chairman and chief technology officer
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The Texas State Securities Board, including several state regulators, have come together to issue cease-and-desist orders against Horatiu Charlie Caragaceanu and his organizations, The Shark of Wall Street and Hedge4.ai, for promoting two cryptocurrencies named TruthGPT Coin and Elon Musk AI Token. The orders seek to clamp down on what
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Crypto’s Macro Drivers – It’s Not Just About Bitcoin Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The rise of bitcoin from $16,000 at the beginning of 2023 to a new yearly high of $30,000 might signify the end of the crypto winter. The Q1 2023 crypto exchange report shows that the market significantly
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The sole exception is bitcoin, “which, by virtue of the decentralization stemming from the design of its blockchain protocol, the Securities and Exchange Commission and other regulators characterize as a commodity rather than a security,” analyst Mark Palmer wrote. Source
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The crypto space endured a series of unfortunate events in 2022, beginning with the Terra debacle and ending with FTX’s chaotic death spiral. These events heightened consumer skepticism and hesitancy toward crypto platforms; yet, the industry is holding steady today. The market is even trending upwards at the time of writing. Crypto’s
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Bitcoin, the largest cryptocurrency by market capitalization, was recently trading at about $29,900, down the better part of a percentage point over the past 24 hours. Ether, the second largest crypto in market value, was hovering around $1,905, up almost a percentage point. Many investors had been looking for both
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A lawyer representing thousands of crypto enthusiasts in the case brought against Ripple by the Securities and Exchange Commission (SEC) suggested a verdict could be delivered by May 6, 2023. In an April 5 interview with Thinking Crypto, John Deaton, a cryptocurrency lawyer and XRP supporter, said that Judge Analisa Torres,
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Trading volume on DEXs rose to $133.1 billion in March, the third straight monthly increase, according to DeFiLlama. Source
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As Ripple and the U.S. Securities and Exchange Commission (SEC) persist in their legal dispute over XRP’s classification as a security, the consequences for both parties and the wider cryptocurrency market cannot be understated. This case offers a unique opportunity to attain much-needed regulatory clarity, which could ultimately promote growth
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