Author: Renata Fonseca

Michael Saylor’s Belief in Bitcoin Remains Unwavering In the realm of cryptocurrency and business strategy, Michael Saylor, the CEO of MicroStrategy, continues to make waves with his steadfast endorsement of Bitcoin as an economic panacea. Expressing his confidence through social media platforms, Saylor lauds Bitcoin for its potential to rectify financial malaise. Often citing that […]

Solana’s Rise in Value Spurs Increase in Online Discussions The Solana cryptocurrency has recently experienced a notable increase in value, climbing from a low point of approximately $124 to a recent high of around $146. This represents an almost 18% jump in its valuation within just a few days. However, accompanying this price surge is […]

In a significant shift, the Supreme Court has revised the landscape of administrative law by effectively overturning the Chevron doctrine, a historically influential principle that granted considerable interpretative leeway to federal agencies concerning the legislation they oversee. The verdict marks a profound alteration in the operational dynamics between federal agencies and the courts, confining the […]

Investment Firm Foresees Substantial Growth for Solana with ETF Introduction In a trailblazing development for the cryptocurrency industry, GSR Markets has unveiled an insightful report predicting a sizable surge in Solana’s market price should a spot exchange-traded fund (ETF) be sanctioned. The firm bases this forecast on the market behavior observed after the advent of […]

XRP’s value has recently demonstrated a positive trend, bouncing confidently from a crucial support marker located near $0.4645 and achieving a notable 3% rise in the past two days. The importance of this particular support level has been solidified due to its historical role in dictating price strength by alternately offering resistance and support over […]

The recent ruling in Loper Bright Enterprises v. Raimondo represents a transformative moment for the U.S. judicial system and the application of administrative law. With the Supreme Court’s decision, the Chevron doctrine, a four-decade pillar of judicial deference towards agency interpretations of ambiguous statutes, has been officially overruled. This shift not only has substantial implications […]

The U.S. Treasury and IRS Finalize Digital Asset Reporting Standards The Treasury Department, in conjunction with the Internal Revenue Service (IRS), has unveiled final regulations that will reshape how digital asset transactions are reported by brokers. Slated to be reported on the new Form 1099-DA starting with transactions from January 1, 2025, these guidelines are […]

Ripple’s recent court case outcome in California has left the crypto industry with unanswered questions regarding the status of XRP as a security. Judge Phyllis Hamilton from the U.S. District Court for the Northern District of California dismissed the majority of the class action lawsuit against Ripple. However, she allowed one state law claim to […]

The U.S. Securities and Exchange Commission (SEC) has initiated legal action against the cryptocurrency company, Consensys. In the heart of the issue is MetaMask’s swaps service, which the SEC claims has been operating without the necessary broker registration. The commission’s lawsuit, lodged in the federal court in Brooklyn, New York, mainly contests the registration lapses […]

A marked shift in the regulatory landscape has recently unfolded as the Supreme Court delivered a verdict likely to hamper the U.S. Securities and Exchange Commission’s (SEC) regulatory capabilities. Legal professionals predict that the SEC will encounter more legal pushback when attempting to enforce and establish new Wall Street regulations due to this decision. Previously, […]