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Tag Archives: ETH

Is CFTC Underfunded to Regulate Cryptocurrency Industry?

The CFTC has been working closely with the SEC to help provide crystal clear cryptocurrency regulations.The cryptocurrency market is getting shaped by global geopolitics. In the United States, the Commodity Futures Trading Commission (CFTC), under Chair Rostin Behnam, has been at the forefront of cryptocurrency industry regulations. However, it has been regarded as a friendlier regulator than the Securities and Exchange Commission (SEC).During a panel discussion hosted by law firm Lowenstein...

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Ethereum Price Analysis: Bulls Aim Higher Above $1,400

Ethereum price is gaining pace above the $1,300 level against the US Dollar. ETH price is now trading above $1,320 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1,320 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it clears the $1,370 resistance zone. Ethereum price is rising above the $1,320 level against the US Dollar. ETH/USD could rise further if it clears the...

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Elon Musk Comments on New Development in Ripple-SEC Case

The Ripple team believes the Hinman documents will reveal the SEC’s double-handedness in dealing with the case.The world’s richest man Elon Musk has seemingly thrown his weight behind Ripple as a new development in the Ripple-SEC case proves the blockchain company is one step closer to victory.After Ripple’s counsel, Stuart Alderoty confirmed the receipt of the long-awaited Hinman documents, Ripple CEO Brad Garlinghouse took to Twitter to express his disappointment. After Garlinghouse’s...

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Ethereum Investors on the Rise; Number of Addresses Holding more than 1 ETH Up by 20% in a Year

Ethereum’s native token, Ether (ETH), has dipped by more than 60% year-over-year, trading below $1,300 last week. Nevertheless, the plunge has not discouraged crypto investors from buying the token. According to data presented by CryptoPresales.com, the number of unique addresses holding more than one ETH has jumped by 20% year-over-year, reaching 1.58 million last week. Investors with 1 ETH Increase Exposure, Small Investors Lose Ground The crypto analytics platform, Glassnode, showed...

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