Following hawkish comments from the Fed, crypto and stocks alike have faced a serious bout of volatility over the past day.
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Bitcoin Falls 5% as Cryptocurrency Selloff Continues
Bitcoin has shed more than 5% of its value in the last 24 hours, according to crypto data aggregator CoinMarketCap. Yesterday, the largest cryptocurrency by market cap fell below the $19,000 threshold for the first […]
‘No Justification’ for SEC to Deny Bitcoin Trust Conversion Into ETF: Grayscale
The world’s largest crypto asset manager Grayscale Investments has filed its opening legal brief challenging the U.S. Securities and Exchange Commission’s (SEC) decision to deny the conversion of its Grayscale Bitcoin Trust (GBTC) into a […]
Biden's Crypto Executive Order: Big Deal or Big Nothing?
The President of the United States is the most powerful person on the planet, so when he issues an order, people jump to attention. That was certainly the case this week when President Biden signed […]