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 crypto market surged by $85 billion in a single day

Bitcoin surpasses $52K, leading a massive $85B surge in the crypto market

3 months ago 1 min read

The crypto market surged by $85 billion in a single day, showing the strength of the financial system. This was fueled by a notable increase in the price of Bitcoin (BTC), which broke above $52,000 for the first time in more than two years. This incredible increase indicates a strong comeback in investor confidence, particularly in light of the recent approval of a Bitcoin ETF, which started a rally across the board. The revolutionary digital asset, bitcoin, saw an incredible surge, breaking through multiple resistance levels and ultimately surpassing the $50,000 mark. BTC demonstrated its volatile yet ascendant nature by

NY Attorney General sues crypto giants Gemini & DCG demands $3B for investor fraud

New York Attorney General Sues Crypto Giants, Demands $3B for Investor Fraud

3 months ago 2 mins read

Letitia James, the attorney general of New York, is requesting $3 billion in damages in her lawsuit against the crypto companies Gemini Trust and Digital Currency Group (DCG). This rise from the initial $1.1 billion is intended to assist more investors who fell for Gemini Earn’s deceptive claims. James claimed that when the lawsuit was filed in October, Gemini, DCG, and their executives had deceived investors by making false claims about how simple it would be to receive their money back from Gemini Earn and about the strength of Genesis Capital. She is now requesting $3 billion because there are

The Reserve Bank of India (RBI) plans to introduce offline features for its Central Bank Digital Currency (CBDC)

India introduces offline digital rupee to connect India’s remote areas to modern finance

3 months ago 1 min read

According to reports, the Reserve Bank of India (RBI) plans to introduce offline features for its Central Bank Digital Currency (CBDC), the digital rupee. RBI Governor Shaktikanta Das unveiled the program to encourage increased uptake in India’s underconnected areas. This declaration, made on February 8 during a review by the Monetary Policy Committee, emphasized the RBI’s dedication to enabling digital currency use even in the most isolated areas of the nation. The one million daily transactions of the digital rupee, which were first introduced in a pilot program in December 2022, have already been completed by December 2023. Offline capabilities

The US SEC announces new rules that would increase crypto registration requirements

The US SEC announces new rules that would increase crypto registration requirements

3 months ago 1 min read

The US Securities and Exchange Commission (SEC) announced new rules on February 6 that would increase registration requirements, and entice more market participants to join a self-regulatory organization. It also said it guarantees adherence to federal securities laws and regulations. The new laws may lead to additional regulation of cryptocurrencies and decentralized finance (DeFi). The proposed new regulations were presented in 2022 in a 247-page document. The definitions of “dealer” and “government securities dealer” in the Securities Act Rules deviate from those found in the 1934 Securities Exchange Act, as does the definition of “as a part of a regular

During a recent interview on Fox's Sunday Morning Futures, former President Donald Trump criticized CBDCs and AI

Former President Donald Trump voiced strong concerns about CBDCs and AI

3 months ago 1 min read

During a recent interview on Fox’s Sunday Morning Futures, former President Donald Trump criticized central bank digital currencies (CBDCs) and artificial intelligence (AI), citing their potential to jeopardize individual privacy and global security. With Trump’s potential candidacy for the US Republican Party in the upcoming 2024 presidential election, his critical views are gaining attention. As a means of facilitating government monitoring and financial control over private citizens, Trump attacked CBDCs, calling them “extremely dangerous.” Further, he painted a picture of a time when CBDCs were seen as instruments for possible government overreach and threatened individual freedom. Trump’s stance against CBDCs

Data from CoinGecko indicates that within the previous 7 days, Chainlink price increased by a noteworthy 25%.

Chainlink Surges By Over 25% as 16 Million LINK Tokens Transferred To Binance Exchange

3 months ago 1 min read

Data from CoinGecko indicates that within the previous 7 days, Chainlink (LINK) price increased by a noteworthy 25%. LINK’s price seems to be dropping as it continues to struggle to stay over the $18 mark. Although it is anticipated that this slowdown will pass quickly, the price of Chainlink is still stalling. The most recent on-chain disclosure has provided light on the reasons behind the bearish pressure on the price of LINK. The crypto analytics company SpotOnChain revealed that three of Chainlink’s non-circulating supply contracts have recently released 19 million tokens, valued at about $341 million, in a post on

Sui (SUI) Rockets to All-Time High

Sui (SUI) value has exploded by over 90% in the past 28 days

3 months ago 1 min read

Sui’s (SUI) rise is further supported by rising Total Value Locked (TVL) metrics within the Sui network and a remarkable increase in on-chain trading volume. According to DefiLlama data, TVL has reached an all-time high of around $420 million, demonstrating growing confidence and engagement in the Sui ecosystem. Furthermore, trading volume has remained consistently high, with the last recorded dip below $50 million occurring on January 25. Crucially, SUI’s remarkable rise coincides with a broader market recovery. Leading cryptocurrencies have seen significant gains in the last 24 hours. Bitcoin (BTC) reached a three-week high near $44,000, while Ethereum (ETH) comfortably

Hong Kong is Set to Receive First Spot Bitcoin ETFs and Stablecoin

Hong Kong is Set to Receive First Spot Bitcoin ETFs and Stablecoin

3 months ago 2 mins read

Hong Kong is preparing to expand its crypto market infrastructure this year, with plans to implement Bitcoin exchange-traded funds (ETFs) and stablecoin regulations. Harvest Fund (HFM), a China-based asset manager, has applied with the Hong Kong Securities and Futures Commission to launch a spot Bitcoin ETF on or after February 10th, the Lunar New Year holiday. While information about the Harvest Fund Bitcoin ETF is limited, reports indicate that Hong Kong’s regulatory body may approve multiple spot Bitcoin ETF applications, mirroring the approach taken by the US SEC to ensure fair market access. Other regional financial institutions have expressed interest

Celsius Network has sparked market activity by transferring more than $1 billion in Ethereum (ETH) to exchanges

Celsius Network transfers over $1 billion in Ethereum to exchanges, possibly for creditor repayments

3 months ago 1 min read

Celsius Network, a crypto lender, has sparked market activity by transferring more than $1 billion in Ethereum (ETH) to exchanges such as Coinbase, Paxos, and FalconX. This transaction, totaling 459,561 ETH, continues Celsius’ trend of large fund transfers, raising concerns about its intentions. Celsius sent 300,000 ETH to Coinbase Prime, with additional funds going to Paxos and FalconX. Spot on Chain, a crypto analysis firm, revealed that Celsius has been on a fund-moving spree, transferring a total of 740,321 ETH (around $1.69 billion) to exchanges since November 2023. Despite these substantial transfers, Celsius still has 62,468 ETH worth approximately $139

Mailer Lite loses $600K in phishing attack

Mailer Lite loses $600,000 in phishing attack

3 months ago 1 min read

Mailer Lite, a digital marketing platform, was recently targeted by a phishing attack, resulting in a financial loss of more than $600,000. The attackers used a vulnerability in Mailer Lite’s system to impersonate Web3 organizations and send deceptive emails containing malicious links. Blockaid, a Web3 security and privacy firm, revealed the complex details of the attack. The perpetrators used a vulnerability in Mailer Lite’s infrastructure to create emails that appeared to be from various Web3 entities. Mailer Lite had previously been granted permission to send emails on behalf of these organizations, allowing for potential exploitation. The attackers used a technique

Binance's legal team has expressed concerns about the US SEC's regulation approach.

Binance Challenges US SEC in Court, Citing Crypto Regulations’ Uncertain Landscape

3 months ago 1 min read

In a legal dispute between Binance and the SEC, Binance’s legal team has expressed concerns about the US SEC’s classification of most crypto as securities. This clash highlights the ambiguity in regulatory guidelines, which makes compliance difficult for crypto companies. Binance believes the SEC’s lack of clarity in crypto company regulations creates difficulty. The SEC encourages crypto firms to register, but the lack of clear guidelines makes it difficult for these companies to meet regulatory requirements. Binance claims that this confusion impedes the growth of legitimate businesses in the crypto market. At the heart of the legal debate is the

Recent rumors about BlackRock's plans to launch an XRP ETF have been debunked

BlackRock Denies Launching XRP ETF Amid Speculations

3 months ago 1 min read

Recent rumors about BlackRock’s plans to launch an XRP ETF have been debunked, with confirmation that the world’s largest asset manager has no plans to introduce a spot XRP exchange-traded fund. Larry Fink, BlackRock’s CEO, made comments that sparked speculation, prompting the clarification. BlackRock recently entered the cryptocurrency space, launching the iShares Bitcoin Trust, a spot Bitcoin ETF. The company has also filed for a spot Ether ETF called iShares Ethereum Trust. These funds are intended to reflect the prices of Bitcoin and Ethereum, demonstrating BlackRock’s strategic focus on the two leading crypto. BlackRock manages the iShares ETFs, which are

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