How the Impending Sale of Ethereum from the PlusToken Ponzi Scheme Could Impact the Crypto Market
A notable event in the cryptocurrency landscape is on the horizon, the anticipated sale of approximately $1.3 billion in Ethereum seized from the PlusToken Ponzi scheme. Originally dismantled in 2019, this scheme ensnared millions of participants in China, leading to…
Ethereum and TRON Lead Stablecoin Market with 84% Control
In the evolving landscape of digital currencies, Ethereum and TRON have emerged as frontrunners in the stablecoin market, collectively controlling an impressive $144.4 billion, which constitutes nearly 84% of the entire supply. According to recent data from CoinGecko, Ethereum leads…
Gensler Defends SEC’s Bitcoin Stance, Criticizes Crypto Industry
In a latest interview with CNBC, Gary Gensler, the chair of the U.S. Securities and Exchange Commission (SEC), reiterated the agency’s position regarding Bitcoin, labeling it as a non-security commodity rather than a security. This clarification aligns with the approval…
