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SEC Commissioner Hester Peirce Calls for Reforms in Crypto Under Trump’s SEC Leadership

Hester Peirce, a Commissioner at the U.S. Securities and Exchange Commission (SEC), has outlined a vision for the agency’s crypto regulatory strategy under President-elect Donald Trump. In a recent interview on Fox Business, Peirce identified three priorities to address what she sees as critical obstacles hindering the growth and clarity of the crypto industry. Pierces’s […]

Bitcoin Long-term Holders Drive Profit-taking Spree, But Funding Rates Signal Market Stability: Bitfinex

Bitcoin’s rally past the $100,000 threshold was short-lived, as the leading cryptocurrency came tumbling below the level barely 24 hours later. This 14% correction within the past week was driven by market participants, especially long-term holders (LTHs), taking profits. According to a Bitfinex Alpha report, on-chain metrics like realized profit and perpetual futures funding rates […]

Coinbase Addresses Misinformation Amid Allegations of Account Restrictions

Coinbase has responded to allegations of unjust account restrictions following weeks of heated discourse on X. The exchange’s support account, @CoinbaseSupport, posted a detailed thread addressing the situation. Support Clears Out the FUD The controversy began after several users on X shared screenshots showing notices from Coinbase indicating transaction restrictions. One user tagged Sean Clarke, […]

Massive Bitcoin Price Crash, Ripple Dumped Below $2, and More: Bits Recap Dec 10

TL;DR Bitcoin dropped from $100K to $94,300 before recovering to $96,800. Despite MicroStrategy’s major BTC purchase, $1.4 billion was liquidated across the market. Ripple’s XRP slumped below $2 at one point, but analysts remain bullish. Some predict a market cap rise to $270 billion. Shiba Inu plunged 25% despite Shibarium reaching 2M wallets and a […]

Web3 Security Firms Confirm North Korea’s Role in Radiant Capital Hack

Radiant Capital has revealed new findings about the $50 million hack targeting its decentralized finance (DeFi) platform in October, attributing the attack to a North Korea-aligned hacking group. The attackers gained access through an elaborate scheme involving malware distributed via Telegram. $50M Radiant Capital DeFi Hack The breach, first discovered on October 16, 2024, prompted […]

DeFi Project NebulaStride (NST) Unveils Presale and Growth Plans

[PRESS RELEASE – Dnipro, Ukraine, December 9th, 2024] The pre-sale of Nebula Stride (NST) has begun. This solution introduces new tools for asset management and interaction with decentralized financial systems. Tokens are available at the starting price of $0.02. NebulaStride is introducing itself as a blockchain initiative focused on enhancing the decentralized finance (DeFi) ecosystem. […]

Santa Rally for Bitcoin Price This December? 5 Big BTC Supports

Is this December a good time to buy Bitcoin? Some say there’s no gift like the present, especially during the year-end holiday season. Because that’s when equities and cryptocurrencies historically deliver most of their positive yearly returns. “A Santa Claus rally is the sustained increase in the stock market that occurs around the Christmas holiday […]