Author: Ana Jesus

A seismic ruling by the U.S. Supreme Court has altered the regulatory landscape of federal agencies, a decision that could have far-reaching consequences for environmental and safety measures across the country, including in California. Stanford University’s Climate and Energy Policy Program director highlighted the profound effect this verdict would have on the ability of federal […]

Grayscale Bitcoin Trust’s Outflow Surges In recent cryptocurrency market activities, particular attention has been drawn to the outflows from Bitcoin exchange-traded funds (ETFs). In a stark development throughout June, Grayscale Bitcoin Trust (GBTC) experienced a substantial decline, with almost $559 million in capital withdrawals since June 10. BlackRock’s Strategic Crypto Exposure Despite the general trend […]

Bitcoin Experiences Mild Price Increase Amid Market Optimism Bitcoin has recently exhibited a modest gain, with its value rising by 1.34% and reaching $61,571. This increment underscores a fortified market, evidenced by the cryptocurrency’s market capitalization reaching $1.214 trillion and the daily trade volume touching $22.06 billion. Established Bitcoin Support and Resistance Levels Indicate Market […]

A landmark ruling by the U.S. Supreme Court has effectively dismantled a legal principle that has underpinned American regulatory law for four decades. The overturning of the Chevron doctrine signifies a major shift in the balance of legal interpretation away from regulatory agencies towards the judiciary. Since its inception, the Chevron doctrine enabled agencies, acknowledged […]

Landmark Decisions Reshape Regulatory Landscape In a series of defining decisions, the US Supreme Court has fundamentally altered the relationship between regulatory agencies and the businesses they oversee. With a conservative majority leading the charge, two key legal concepts have been upended within a single week. Chevron Doctrine Overturned The once steadfast Chevron doctrine, a […]

The U.S. Securities and Exchange Commission (SEC), a regulatory body overseeing securities markets, has initiated a lawsuit against ConsenSys, a blockchain technology firm. The company is accused of offering and selling securities without the proper registration through its popular cryptocurrency wallet, Metamask, which facilitates Ethereum transactions. The SEC’s allegations specify that ConsenSys has operated beyond […]

The U.S. Internal Revenue Service has delineated new reporting regulations for cryptocurrency brokers, aligning their obligations with those of traditional financial firms. Starting January 1, 2025, these entities are expected to monitor and report on cryptocurrency transactions, with additional responsibilities regarding cost basis tracking commencing in 2026. It has been clarified that decentralized finance entities […]

Renowned Finance Author Rejects Bitcoin ETFs Despite his advocacy for Bitcoin (BTC), Robert Kiyosaki, the author of “Rich Dad Poor Dad,” stands firmly against the concept of Bitcoin exchange-traded funds (ETFs), approved as of January 2024. Kiyosaki has a history of mistrusting financial products like ETFs because he believes they do not represent real asset […]

Blockchain technology is quickly carving out a niche in investment portfolios, presenting an exciting alternative for investors who are looking for exposure to the crypto world without the volatility typically associated with direct cryptocurrency dealings. Despite the dazzling allure of blockchain, uncovering stable investments within this landscape requires discernment to identify companies that blend enduring […]

The German Federal Criminal Police Office (BKA) has initiated the transfer of hefty sums of Bitcoin to various cryptocurrency exchanges, sparking market conversations and potential selling pressure. Recent blockchain analysis indicates the government agency moved an additional 250 BTC to popular platforms like Kraken and Coinbase, with these assets valued at around $15.4 million. Following […]