The SEC set a meeting to build new crypto asset investment contract rules. Action follows Congress failing to pass the Digital Asset Market CLARITY Act. SEC Chair Atkins said the agency is ready to enact rules without congressional action. The Securities and Exchange Commission has announced an open meeting to...
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The XRP Rich List Reveals a Huge Gap Between Whales and Retail
Top wallets control over 43% of the total circulating XRP supply. Most retail accounts hold small amounts, under 0.1% of the supply combined. Centralized exchange wallets distort individual wealth statistics. New blockchain data shows an enormous wealth bifurcation in the Ledger community now. The XRP rich list is analysed by...
Why Are Governments So Anxious About Cryptocurrencies?
While cryptocurrencies – the largest faction being Bitcoin – are regularly gaining popularity with the general population, governments around the world are becoming increasingly worried. Typically, conventional currencies associated with specific countries are regulated by the government, essentially so that they can dictate, track and monitor. Value is given to...
4 Useful Tips for Successful Cryptocurrency Trading
This past year has been one in which the trading of cryptocurrency became a worldwide boom and since Bitcoin was introduced, its value has risen to over 1000%. Needless to say, cryptocurrency is volatile. In the past, Bitcoin did not have a high level of volatility like it does now....
4 Tips for New Bitcoin Investors
Going into an unpredictable business like cryptocurrency can be daunting. Because there is no centralized authority and rumors get spread quickly about digital currencies, it’s a volatile market to get into. However, if you are willing to take the risk, there is money to be made. Below we discuss five...