WIF Slide Below $3.582 Sparks Fears Of Further Losses

WIF latest dip below the crucial $3.582 support has triggered concerns across the market, as bearish sentiment appears to be gathering strength. Its break below this key level could pave the way for even greater losses, leaving traders to question whether the bulls can stage a comeback or if further declines are inevitable. As downside…

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New York anti-crypto stance softens as regulatory tide turns

Key Takeaways Manhattan federal prosecutors will reduce focus on crypto-related crimes after major convictions. Scott Hartman announced decreased focus on crypto cases by the Southern District of New York. Share this article Manhattan federal prosecutors will reduce their focus on crypto-related crimes following several major convictions, a senior prosecutor told Reuters today. Scott Hartman, co-chief…

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SEC Gensler reported to step down after Thanksgiving

Key Takeaways Gary Gensler is expected to step down as SEC Chair after Thanksgiving. Potential successors for the SEC chair position are being considered amid Trump’s upcoming inauguration. Share this article SEC Chair Gary Gensler is expected to step down voluntarily after Thanksgiving and depart in early January, ahead of Donald Trump’s inauguration, according to…

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Elon Musk rejected OpenAI’s ICO plan, lawsuit reveals

Key Takeaways Elon Musk rejected a proposal for an ICO by OpenAI co-founder Sam Altman in 2018. The lawsuit claims Musk was defrauded of donations and alleges OpenAI now controls 70% of the generative AI market. Share this article Elon Musk’s lawsuit against OpenAI has unveiled new details about the company’s early considerations for an…

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Bitcoin reserves on exchanges reach a 6-year low

Key Takeaways Bitcoin reserves on exchanges have dropped to 2.3 million, the lowest level since November 2018. Data from CoinGlass shows $2.7B in weekly outflows and $7.58B in monthly outflows as confidence in Bitcoin grows with ETFs now holding 1 million BTC. Share this article Bitcoin reserves on exchanges have fallen to their lowest level…

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