Month: November 2024

Crypto Oversight May Shift To CFTC Under Trump Administration: Report

According to a report by Fox Business, citing sources familiar with the matter, the incoming Donald Trump administration may empower the Commodity Futures Trading Commission (CFTC) to regulate certain crypto assets. SEC’s Crypto Loss Is CFTC’s Gain With nearly two months remaining before Trump assumes the US presidency, the...
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Crypto Analyst Flags Convertible Debt-Induced Liquidation Risk To Michael Saylor’s MicroStrategy

Influential cryptocurrency analyst Willy Woo shared his perspective on the potential liquidation risk of MicroStrategy Incorporated (NASDAQ:MSTR), a firm whose aggressive Bitcoin (CRYPTO: BTC) acquisition strategy has sparked significant interest lately. What Happened: On Wednesday, Woo took to X to state that the primary risk lies in the company’s convertible debt offerings. He said...
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Bitcoin, Ethereum, Dogecoin Surge As Traders Raise Risk Appetite Ahead Of Thanksgiving: Analyst Sets Mid-Term Price Target For ETH At $6K

Leading cryptocurrencies rallied ahead of Thanksgiving, shrugging off sell-offs in the stock market. Cryptocurrency Gains +/- Price (Recorded at 7:45 p.m. ET) Bitcoin (CRYPTO: BTC) +4.49% $96,156.90 Ethereum (CRYPTO: ETH)                +9.94% $3,652.83 Dogecoin (CRYPTO: DOGE)           +4.81% $0.4026 What Happened: Bitcoin began to surge in the early morning hours, reaching...
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