MicroStrategy Joins Nasdaq 100
MicroStrategy will now be included in the Nasdaq 100 index, which could potentially drive up demand for the controversial stock. The Nasdaq 100 index is made up of the top 100 nonfinancial companies listed on the tech-focused Nasdaq Composite index. This addition means that popular ETFs, such as the Invesco QQQ Trust, which has $325 […]
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US Court Rejects Nvidia’s Appeal in Crypto Lawsuit
The Supreme Court ruled on Wednesday that they will not hear an appeal from Nvidia in a securities lawsuit against the company.
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CFTC Recovered $17.1 Billion in Crypto in 2024
The CFTC has reported a $17.1 billion record-breaking in monetary relief for fiscal year 2024, largely due to its handling of enforcement actions involving cryptocurrency cases.
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Trump Appoints Former PayPal Co-founder as Crypto Advisor
In a recent announcement, President-elect Trump revealed his selection of tech entrepreneur and podcast host David Sacks as the White House Artificial Intelligence and Crypto Czar.
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SEC Takes Legal Action Against Touzi Capital
The US Securities and Exchange Commission (SEC) has filed a legal complaint against investment firm Touzi Capital, accusing them of deceiving investors about the liquidity and profitability of their cryptocurrency mining fund.
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Trump Administration to Grant CFTC Power to Regulate Crypto
President-elect Donald Trump and his upcoming administration may give the Commodity Futures Trading Commission (CFTC) the power to regulate select digital assets.
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SEC Collects $8.2 Billion in Penalties From Crypto Companies
In the fiscal year 2024, the Securities and Exchange Commission (SEC) in the United States achieved a remarkable feat in penalties and fines, largely attributed to a significant resolution with Terraform Labs, a cryptocurrency company.
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SEC Chairman Gary Gensler Will Step Down in 2025
On January 20, the Securities and Exchange Commission (SEC) announced that its chair, Gary Gensler, will resign from his position.
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