Bitcoin recently hit an all-time high above $73,000, leading to speculation about whether it has reached its peak for this cycle. However, a crypto analyst known as ‘CryptoCon’ has offered a detailed analysis of Bitcoin’s recent price movements and future prospects. According to CryptoCon, the pioneer cryptocurrency still has significant upside potential ahead. RSI Bollinger
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The Securities and Exchange Commission (SEC) has officially closed its more than three-year investigation into Hiro Systems and the Stacks blockchain. This investigation, which began following the first-ever SEC-qualified offering by Stacks in 2019, has been a significant chapter in the history of the Bitcoin Layer-2 network. Despite the initial scrutiny, the SEC has ultimately
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The UK Law Commission has recently published a scoping paper focusing on the legal characterization of Decentralized Autonomous Organizations (DAOs) within the country. DAOs are essentially blockchain-based communities established for a common purpose, such as investing in startups or acquiring historical artifacts. These organizations are viewed by industry observers as the next frontier in corporate
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The US Securities and Exchange Commission (SEC) has recently made headlines by accepting a proposal that includes exceptions for certain institutions affected by the controversial Staff Accounting Bulletin No. 121 (SAB 121). This move has significant implications for the crypto industry and traditional financial institutions alike. The SEC’s decision allows some banks and brokerages to
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Ethereum has shown significant strength in recent trading sessions as it extended its increase above the $3,120 resistance zone. This surge in price has sparked optimism among investors, with expectations of the cryptocurrency aiming for a move above the $3,200 resistance in the near term. As Ethereum continues its upward trajectory, a connecting bullish trend
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