Category: News

Acting SEC Chair Uyeda Challenges Proposed Rule On Crypto Trading Venues
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Acting SEC Chair Uyeda Challenges Proposed Rule On Crypto Trading Venues

In a significant development for the crypto market in the United States, acting Securities and Exchange Commission (SEC) Chair Mark Uyeda announced plans to revise a controversial proposal requiring digital asset exchanges to register under alternative trading system (ATS) rules.  Uyeda Critiques Regulatory Approach To Crypto Exchanges Initially introduced in 2022, the proposal sought to […]
Best Crypto to Buy as MicroStrategy Plans to Add B Worth of $BTC
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Best Crypto to Buy as MicroStrategy Plans to Add $21B Worth of $BTC

Michael Saylor’s MicroStrategy plans to raise $21B for additional Bitcoin ($BTC) purchases through the At The Market (ATM) Program. Specifically, MicroStrategy will sell $21B worth of 8% Series A perpetual strike preferred stock – shares that pay an 8% dividend, have a $0.001 par value, and are convertible into MicroStrategy’s Class A common stock without […]
0 Million In Crypto Longs Gone As Bitcoin Crashes Under ,000
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$500 Million In Crypto Longs Gone As Bitcoin Crashes Under $80,000

Data shows the cryptocurrency derivatives market has witnessed a mass liquidation event as Bitcoin and other digital assets have plunged. Crypto Liquidations Have Exceeded $680 Million In Last 24 Hours According to data from CoinGlass, a large amount of liquidations have occurred on the derivatives platforms during the past day. “Liquidation” here refers to the […]