The Digital Chamber (TDC) has urged Congress to pass a bill that would categorize specific non-fungible tokens (NFTs) as consumer products and exempt them from federal securities regulations. This move comes in response to mounting worries arising from the Securities and Exchange Commission’s recent actions, including the issuance of a Wells notice to NFT marketplace
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Investors and gamers alike are increasingly turning to pre-market trading as a way to gain early access to sought-after game tokens in popular Telegram-based games such as Hamster Kombat, Catizen, WatBird, and X Empire. The concept of pre-market trading involves buying and selling game tokens before they are officially available to the public. This strategy
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Cryptocurrency analyst Thomas recently made a bold prediction regarding the price of Bitcoin in 2030. He suggested that regardless of whether Donald Trump or Kamala Harris wins the US presidential elections, Bitcoin will reach $1 million. This prediction has sparked a discussion within the crypto community, with experts like Bernstein analysts also weighing in on
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Samuel Edyme, also known by his nickname HIM-buktu, is a versatile individual with a passion for writing, journalism, and trading in the web3 space. His experience and expertise have allowed him to contribute to various industry-leading publications such as AMBCrypto, Blockchain.News, and Blockchain Reporter. Edyme’s foray into the world of cryptocurrency was not without its
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In the world of cryptocurrency, predictions for the price of Bitcoin have been constantly changing. While many remain bearish, there are still analysts who believe that bullish times lie ahead. Bernstein analysts have recently joined the bullish camp, forecasting that the Bitcoin price could potentially reach $90,000. However, this prediction comes with a catch. According
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The Cardano (ADA) ecosystem experienced substantial growth in various key metrics in August, coinciding with the successful implementation of the anticipated Chang upgrade on September 1. Despite the bearish market sentiment affecting ADA’s price during this time, the Cardano Foundation reported increased investor activity and blockchain usage. Notably, smart contract transactions surged by 31%, while
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The US Securities and Exchange Commission (SEC) Commissioner Hester Peirce recently expressed her ongoing concerns regarding the SEC’s Staff Accounting Bulletin No. 121 (SAB 121). This came after a speech by SEC Chief Accountant Paul Munter, where he reaffirmed the Commission’s unchanged stance on SAB 121. Despite the growing attention and controversy surrounding the regulation,
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Bitcoin recently experienced a notable daily surge, going from $53,600 to over $58,000. One of the key factors behind this surge has been the US spot Bitcoin ETFs, which have been influencing the price movements of the cryptocurrency since their inception in mid-January. Positive flows into these ETFs have typically led to price increases, while
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The US Securities and Exchange Commission (SEC) has been making headlines with its aggressive regulatory approach towards crypto companies. In 2024, the SEC imposed a staggering $4.68 billion in fines, marking a significant increase from previous years. This has raised concerns within the crypto industry about the implications of such hefty penalties. Rise in Fines
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