Crypto News
SEC Sanctioned By Court for ‘Gross Abuse Of Power’ In Crypto Case
Crypto advocates hailed the action, which they say validated claims of overzealous enforcement by the regulator.Source link
Coti Unveils $10M Airdrop Plan for Coti Token Holders, Amplifies Privacy in Web3
Coti, a privacy-focused layer-2 protocol on Ethereum, announces a $10 million Coti v2 token airdrop, enhancing data security across Web3. (Read More)Source link
Bankrupt Crypto Lender Genesis to Pay $21 Million to Settle SEC Charges
The SEC will receive its money only after Genesis has repaid its creditors.Source link
Fidelity Incorporates Staking in Spot Ethereum ETF Offering to Boost Fund’s Income
On March 18, the financial behemoth Fidelity Investments updated its application for a spot ethereum exchange-traded fund (ETF) to encompass staking capabilities. The firm, Fidelity, has made it known that the sponsor might “from time to time” opt to “stake a portion of the fund’s assets through one or more trusted staking providers.” Fidelity UpdatesSource link
Analysts See Gold Reaching $2,600 per Ounce Amid Strong Market Demand
While bitcoin experienced a 12% decrease following its all-time high last week, gold has shown relative stability over the past five days, with only a slight 1% decline in the same period. In a similar vein to crypto enthusiasts, advocates for gold predict that the metal will continue its upward trajectory, potentially reaching the $2,600Source link