Author: Emma Davis

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Emma Davis

Emma Davis is a highly skilled and experienced crypto writer with a passion for all things blockchain and cryptocurrency. With years of experience writing about the latest trends, news, and innovations in the crypto world, Emma has established herself as one of the best crypto journalists.

Articles by Emma Davis

The US SEC extends the deadline for its decision about Ethereum ETF to May 30

The US SEC extends the deadline for its decision about Ethereum ETF to May 30

2 months ago 1 min read

The US Securities and Exchange Commission (SEC) has postponed its judgment on whether to approve the Hashdex Nasdaq Ethereum exchange-traded fund. This comes as the regulator decided to postponed the decision on May 30, 2024, and the fund will hold ether spot and futures contracts if approved. The Nasdaq Stock Exchange (NSE) filed an application with the SEC in September, and Toroso Investments administers and controls the fund. In addition, the SEC solicited public comment on the ETF in December and has postponed a decision on many occasions. Also, the SEC has postponed its decision on the ARK 21Shares Ethereum

Solana (SOL) has seen a significant recovery after 2 years

Solana (SOL) approaches $200 mark after surging 50% in a month

2 months ago 1 min read

Solana (SOL) has seen a significant recovery after 2 years, with a over 10% increase in market capitalization to $75 billion. In addition, SOL has seen over 27% increase in trading volume to $7 billion. The crypto is now 33% away from its all-time high (ATH) of $260.06 two years ago. Following this, crypto experts suggest that Solana is on the cusp of crossing the $180 price threshold, making it the most trending coin in the last 24 hours. In a month, Solana has seen a 50% surge, cementing its position as one of the most promising investments in the

Grayscale's GBTC sees over $10B outflow, marking a record withdrawal

Grayscale’s GBTC sees over $10B outflow, marking a record withdrawal

2 months ago 1 min read

Grayscale’s Bitcoin Trust (GBTC) has just been removed $10.6 billion, resulting in the second-largest outflow in the ETF industry over the last 15 years. The change in investor preferences is seen in the Vanguard S&P 500 ETF (VOO) taking the lead with over $258 billion in inflows, followed by the iShares Core S&P 500 ETF (IVV) and the Vanguard Total Stock Market ETF (VTI). Plus, exchange-traded funds (ETFs) such as SPDR Gold Shares (GLD) and SPDR S&P MidCap 400 ETF Trust (MDY) are experiencing significant withdrawals of funds. Furthermore, investors are reallocating their investments from gold exchange-traded funds (ETFs) to

PRESI surged by over 20,000% in the past 24 hours.

This new meme coin surges by over 20,000% in the past 24 hours

2 months ago 1 min read

The value of Turbo Trump (PRESI), a novel meme coin, has experienced a substantial surge in the last 24 hours subsequent to its listing on SushiSwap using a Base blockchain-based token. The new meme coin increased by over 20,000% in the past 24 hours. It is anticipated that the coin is a “fan version” of the original Turbo Trump coin. According to its founders, the coin will increase Donald Trump’s popularity in anticipation of the impending presidential election. Nonetheless, its durability is questionable as a result of its inexperience and unprofessional staff. Notwithstanding this, the presale for the Green Bitcoin

Bitcoin (BTC) has reached its all-time high

Bitcoin soars past $70K: Will BTC hit $75K soon?

2 months ago 1 min read

Bitcoin (BTC) has reached its all-time high, reaching $70,000, demonstrating market strength and gaining the attention of mainstream media and financial professionals. Scarcity, investment, and expectation are key reasons driving this spike. Over-the-Counter (OTC) trading desks are witnessing Bitcoin shortages, indicating rising demand for the digital commodity. The drop in BTC reserves stored on exchanges implies that investors are increasingly preferring to store assets in private wallets or safe storage options. Furthermore, exchange-Traded Funds (ETFs) are increasing buying pressure by acquiring an average of 4,000 Bitcoins every day, offering a regulated and accessible way for a larger spectrum of investors

The US SEC's action against Binance has been continuing since June

US SEC claims that Binance.US refuses to provide certain information, which the exchange denies

2 months ago 1 min read

The US SEC’s action against Binance has been continuing since June, with Binance Holdings Ltd facing fines of up to $4.3 billion. Former CEO Changpeng Zhao was forced to resign and is now on bond. However, Binance.US, previously known as BAM Trading Services, is still battling the SEC in court. The Washington D.C. court ordered the two parties to collaborate on the discovery process, but the SEC claims that the two sides have reached an impasse. According to the watchdog, Binance.US refused to allow agency personnel to inspect its in-house software, stating that it was programmed and provided no actual

Kraken crypto exchange has launched a new platform aimed at institutional investors

Kraken crypto exchange debuts platform for institutions, eyeing crypto market expansion

2 months ago 1 min read

Kraken crypto exchange has launched a new platform aimed at institutional investors, streamlining its services to attract more diverse asset managers into the crypto sector. The exchange announced that the initiative is overseen by Tim Ogilvie, consolidating key services such as spot exchange, derivatives trading, and custody under a single institutional brand. The exchange’s focus on institutional clients marks a strategic shift towards nurturing new entrants in the crypto market rather than just competing for existing shares. In addition, the launch of Kraken Institutional will focus on “qualified custody” through Kraken Financial, a Wyoming-chartered institution. This aligns with the US

will BTC hit a new all-time high

Bitcoin hits $57K, up over 10% in 24 hours

2 months ago 1 min read

Bitcoin (BTC), the king of crypto, experienced a 6% gain with the price reaching $57,000 for the first time since November 2021. The rally began with BTC taking out $53,000, and later rose above $54,000. After that, the price rose to $55,000, $56,000, and $57,000 levels, according to CoinMarketCap data. This move sparked significant activity in spot Bitcoin exchange-traded futures (ETFs), with a record-high of $2.4 billion in trading volume on Monday. Yesterday, MicroStrategy Incorporated announced it has increase its Bitcoin holdings by acquiring around 3,000 BTC for an estimated $155.4 million in cash, highlighting the firm’s continued confidence in

FTX exchange wins court approval to sell AI startup stake, plans full customer payback

FTX exchange wins court approval to sell AI startup stake, plans full customer payback

2 months ago 1 min read

FTX crypto exchange has received court permission to sell its stake in AI firm Anthropic as part of its efforts to repay customers following its financial troubles. In 2021, the FTX exchange and sister firm Alameda invested $500 million in Anthropic, which, by the end of 2023, had a valuation of up to $18 billion. The exchange’s share value is now around $1.4 billion. In February 2024, FTX proposed selling over 7.80% of its holdings in Anthropic after a dispute with a group of customers was resolved. The sale was approved under the agreement that the proceeds might later be

Kraken crypto exchange files a motion to dismiss a US SEC lawsuit

Kraken crypto exchange files a motion to dismiss a US SEC lawsuit

2 months ago 1 min read

Kraken crypto exchange has filed a motion to dismiss a US SEC lawsuit against it, arguing that cryptocurrencies should be treated like commodities rather than securities. The US SEC sued Kraken last November, alleging it did not register as a broker, clearinghouse, or exchange and that the company commingled customer and corporate funds. The exchange’s motion argues that the SEC did not “plausibly allege” any of the cryptocurrencies listed in its complaint are securities or investment contracts. In addition, Kraken also argues that the SEC did not meet the requirements set out by the Howey Test, a Supreme Court precedent

MetaMask wallet approaches 32 million users

MetaMask user base reaches nearly 32M, suggesting a potential crypto bull run ahead

2 months ago 1 min read

As anticipation grows for a crypto market surge, the MetaMask wallet approaches 32 million users, matching its peak from January 2022. As Bitcoin (BTC) and Ethereum (ETH) prices rise sharply, the user base of the crypto wallet MetaMask has increased by over 50% in just four months, from 19 million in September 2023 to over 30 million in January 2024. There are similarities between this growth phase and the crypto boom of late 2020, which suggests we could be about to witness another bull run. Leading this trend is MetaMask, which is known for how it manages crypto using a

Worldcoin Project

Worldcoin (WLD) experiences a 20% surge in value, drawing in investors

3 months ago 1 min read

Recently, Spot On Chain disclosed that Worldcoin (WLD) experienced a 20% surge in value, drawing in investors and yielding substantial profits for an undisclosed whale trader amid a surge in artificial intelligence (AI) interest. This whale made a significant purchase of WLD when it transferred 2.09 million tokens from Binance, valued at $5.82 million. As a result, the WLD token saw a price surge of over 25%, adding $2.15 million to the whale’s $8.03 million in holdings. The last 7 days have seen an increase of over 85% for Worldcoin (WLD). With a market cap of $607 million, Worldcoin is

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