Riz A content writer on cryptopian news

MicroStrategy shares fall 46% from its all time high

Crypto News / 3 Comments / RIZ A / December 31, 2024

MicroStrategy, a prominent business intelligence firm, has recently experienced a significant decline in its stock value. The company’s shares have fallen 46% from their all-time high in November, raising concerns among investors and market analysts. MicroStrategy’s Bitcoin Investment Strategy Under the leadership of CEO Michael Saylor, MicroStrategy has pursued an aggressive Bitcoin acquisition strategy. The […]

MicroStrategy shares fall 46% from its all time high Read More »

Major Crypto Events of 2024: A Winning Year or a Losing One?

Crypto News / 2 Comments / RIZ A / December 29, 2024

2024 has been marked by transformative milestones, controversies, and new developments in blockchain industry . These significant occurrences have left the crypto community wondering: was 2024 a winning year or a losing one for the industry? This blog explores the major crypto events of 2024, analyzing their impact and significance. Bitcoin Surges Past $100,000 Bitcoin’s

Major Crypto Events of 2024: A Winning Year or a Losing One? Read More »

Bitcoin ETFs weekly inflow remained $449.26M despite negative last two days

Crypto News / 1 Comment / RIZ A / December 23, 2024

Bitcoin ETFs Weekly Inflows and Outflow In the week ending December 22, 2024, Bitcoin ETFs experienced a net inflow of $449.26 million, despite significant outflows in the latter part of the week. This influx underscores sustained investor interest in Bitcoin ETFs, even amid market volatility. On December 20, 2024, Bitcoin ETFs recorded an outflow of

Bitcoin ETFs weekly inflow remained $449.26M despite negative last two days Read More »

Top Altcoins Hammered Wednesday are the best buying opportunity: Santiment

ALTCOINS / 2 Comments / RIZ A / December 19, 2024

On Wednesday, the total cryptocurrency market capitalization dropped from over $3.8 trillion to under $3.6 trillion. This decline was triggered by the U.S. Federal Reserve’s decision to reduce key interest rates by 25 basis points, as anticipated. However, comments from Federal Reserve Chair Jerome Powell had a more profound impact. Powell indicated that rate cuts

Top Altcoins Hammered Wednesday are the best buying opportunity: Santiment Read More »

Binance.US plans to reinstate USD services in early 2025-Norman Reed

Crypto News / Leave a Comment / RIZ A / December 19, 2024

Binance.US, the American subsidiary of the global cryptocurrency exchange Binance, has announced plans to reinstate USD services by early 2025. This development marks a significant milestone for the platform, which had previously suspended fiat operations amid regulatory challenges. Background of Binance.US and Its USD Services Established in 2019, Binance.US aimed to provide a compliant trading

Binance.US plans to reinstate USD services in early 2025-Norman Reed Read More »

ASIC-case-on-Binance-over-neglecting-Consumer-protections

ASIC Sues Binance for Neglecting Important Consumer Protections

Crypto News / Leave a Comment / RIZ A / December 18, 2024

The Australian Securities and Investments Commission (ASIC) has initiated legal action against Binance Australia Derivatives. The regulator alleges that Binance misclassified over 500 retail clients as wholesale investors between July 2022 and April 2023. This misclassification denied these clients essential consumer protections under Australian financial laws. Background of the Allegations Retail clients in Australia are

ASIC Sues Binance for Neglecting Important Consumer Protections Read More »

Virginia Man Found Guilty of Funding ISIS with Crypto

Crypto News / Leave a Comment / RIZ A / December 18, 2024

In a case that has raised serious concerns about cryptocurrency misuse, a Virginia man was found guilty of funding ISIS. The conviction has ignited debates about digital currencies’ regulation and their potential exploitation by terrorist organizations. Case Overview Mohammed Azharuddin Chhipa, a 35-year-old resident of Springfield, Virginia, was convicted of transferring $185,000 in cryptocurrency to

Virginia Man Found Guilty of Funding ISIS with Crypto Read More »

FTX to Distribute First Payment in 2025: BitGo and Kraken Will Assist

Crypto News / Leave a Comment / RIZ A / December 16, 2024

FTX to distribute first payment to creditors in 2025 is announced from platform. FTX, the once-prominent cryptocurrency exchange, filed for Chapter 11 bankruptcy protection in November 2022 following a dramatic liquidity crisis. The process of asset recovery has been challenging, but significant progress has been made in structuring the distribution plan. Understanding FTX’s Bankruptcy and

FTX to Distribute First Payment in 2025: BitGo and Kraken Will Assist Read More »

SEC Rule Changes in 2025: What Changes is Paul Atkins Bringing to the SEC?

Crypto News / Leave a Comment / RIZ A / December 15, 2024

The U.S. Securities and Exchange Commission (SEC) stands on the brink of transformation in 2025 as Gary Gensler, the U.S. Securities and Exchange Commission (SEC) Chair, has announced his resignation effective January 20, 2025, coinciding with Donald Trump’s potential return to office. New SEC Boss Paul Atkins, known for his pro-market views, is expected to

SEC Rule Changes in 2025: What Changes is Paul Atkins Bringing to the SEC? Read More »

Analyzing Ethereum’s Price Surge to $5K Before the Year Ends

ALTCOINS, Crypto News / Leave a Comment / RIZ A / December 14, 2024

Ethereum is trading around $3900. Predictions indicate that Ethereum’s price surge to $5K before December ends. This blog explores the driving forces behind this bullish outlook and evaluates potential risks that could affect its trajectory. What is Powering Ethereum’s Price Surge? Institutional Interest and Expanding Use Cases Ethereum has witnessed increasing adoption among institutional investors.

Analyzing Ethereum’s Price Surge to $5K Before the Year Ends Read More »