Gensler’s Losing Streak: Court Deals Blow to SEC’s Proxy Advisory Oversight
The Securities and Exchange Commission (SEC), under Chair Gary Gensler, has faced a string of legal defeats recently, with the…
Category: Market Analysis
ChainAffairs.com offers expert market analysis, providing readers with up-to-date insights on cryptocurrency trends, price movements, market sentiment, and in-depth technical analysis to help navigate the ever-evolving crypto landscape.
Crypto Industry Sighs Relief: IRS Broker Rule Eases Up on Decentralized Exchanges (For Now)
The Internal Revenue Service (IRS) released a revised version of its “broker rule” guidance on Friday, offering a glimmer of…
XRP Price Poised for Breakout? Analysts Eye Technical Indicators and Historical Patterns
Ripple’s XRP, the native token of the XRP Ledger, has been on a rollercoaster ride throughout 2023 and 2024. Currently…
Avalanche (AVAX) Poised for Takeoff? On-Chain Data Suggests Bullish Run
Avalanche (AVAX), the native token of the popular smart contracts platform, is experiencing a price surge, currently trading at $28.44.…
Solana ETF Debate Heats Up As 21Shares Joins the Race with SEC Filing
The race for a US-based Solana (SOL) exchange-traded fund (ETF) just got hotter. Investment firm 21Shares filed its S-1 form…
SEC Shakes Crypto Market: Lido, Rocket Pool, and MetaMask in Crosshairs
The US Securities and Exchange Commission (SEC) is shaking up things in the crypto market after filing a lawsuit against…
MetaMask vs. SEC: Crypto Clash Erupts as Regulator Sues Consensys Over Staking & Unregistered Securities
The simmering tension between the US Securities and Exchange Commission (SEC) and the crypto industry has erupted into a legal…
Bitcoin (BTC) Cools Off: On-Chain Data Reveals Lowest Active Addresses Since 2010
A recent plunge in on-chain activity suggests Bitcoin (BTC) might be entering a period of consolidation. Data from IntoTheBlock reveals…
Curve Finance Makes a Stable Switch: crvUSD Replaces 3crv in Fee Distribution
Curve Finance, a leading decentralized exchange (DEX) for stablecoin trading, has implemented a significant change to its fee distribution mechanism.…
Bitcoin (BTC) Ignores PCE Data (2.6% YoY Low): Stalemate at $60k as 68% Chance of Fed Rate Cut Looms
Bitcoin (BTC) remains locked in a tug-of-war, shrugging off positive US economic data on June 28th. The leading cryptocurrency continues…