Day: November 15, 2024

Gensler Hints at Exit Amid Crypto Tensions

In remarks delivered yesterday, Gensler praised his colleagues for their dedication to protecting American investors but used notably retrospective language about his role: “I’ve been proud to serve.” His comments come as speculation about his future grows, following President-elect Donald Trump’s campaign promise to dismiss him on “day one.” Although Gensler has not officially announced […]

Off the Grid Doles Out $3K Daily Prizes

Crypto-based battle royale game Off the Grid is making waves, offering $3,000 in daily prizes to top players and hosting a $600,000 streamer tournament on November 20. The game’s unique fusion of blockchain technology and gripping gameplay is drawing both casual players and seasoned streamers into its futuristic battleground. Daily Cash Prizes Heat Up Leaderboards […]

Michael Saylor’s $100K Bitcoin Party

Bitcoin evangelist Michael Saylor is gearing up to celebrate as he predicts Bitcoin will hit $100,000 by the end of the year. The MicroStrategy founder and staunch Bitcoin advocate shared his optimism in a CNBC interview, tying the recent price surge to the election of crypto-friendly President-elect Donald Trump. Bitcoin currently trades at $88,360 after […]

Bitcoin Miners Sell Amid $90K Surge

Bitcoin miners have been actively moving large amounts of BTC to exchanges, coinciding with the crypto’s recent price surge beyond $90,000. Over the past three days, more than 45,000 BTC—valued at over $4 billion—have been shifted, according to data from CryptoQuant. On Nov. 12 alone, miners offloaded approximately 24,138 BTC, marking the second-largest single-day outflow […]

Bitcoin ETFs Face Massive Outflows

Spot Bitcoin exchange-traded funds (ETFs) in the U.S. faced a significant setback on Thursday, recording a staggering $400.67 million in outflows. This marks the end of a six-day streak of inflows, leaving market participants questioning the sustainability of the recent rally. Leading the exodus, Fidelity’s FBTC ETF saw $179.2 million leave the fund, its largest […]

SEC Faces State Backlash Over Crypto

A coalition of 18 U.S. states has filed a lawsuit against the Securities and Exchange Commission (SEC) and its Chairman, Gary Gensler, challenging what they describe as “gross government overreach” in the agency’s approach to crypto regulation. The lawsuit, filed by states including Texas, Nebraska, Wyoming, and Ohio, claims that the SEC has bypassed Congress […]