Benito Cormi

Gap in Crypto Oversight Addressed by US Lawmakers in Meeting with Treasury Secretary Janet Yellen

Benito CormiFeb 8, 20242 min read

Lawmakers Seek Clarity on Crypto Regulation Four U.S. lawmakers have written to Treasury Secretary Janet Yellen expressing concerns about the lack of oversight in the crypto…

Microstrategy Increases Bitcoin Holdings to 190,000 BTC and Declares as the Pioneer Bitcoin Development Firm

Benito CormiFeb 7, 20242 min read

Microstrategy’s Bitcoin Holdings Reach 190,000 In its earnings report for Q4 2023, Microstrategy announced that it has acquired an additional 31,755 bitcoins since the end of…

SEC Postpones Verdict on Invesco and Galaxy Digital’s Spot Ether ETF Application

Benito CormiFeb 7, 20243 min read

SEC Delays Decision on Invesco and Galaxy Spot Ethereum ETF The Securities and Exchange Commission (SEC) has once again postponed its ruling on the proposed Invesco…

Surging 25% Despite Delisting Concerns: XMR, the Leading Privacy Crypto Monero, Resumes Momentum

Benito CormiFeb 7, 20242 min read

Monero’s Strong Recovery After experiencing a significant decline, Monero (XMR) has swiftly bounced back, surging by 25% within the last 24 hours. The privacy coin saw…

FTX-Linked Farmington State Bank Sees Enforcement Action by Federal Reserve Resolved

Benito CormiFeb 7, 20242 min read

The Federal Reserve Terminates Enforcement Action against Farmington State Bank The Federal Reserve has officially concluded its enforcement actions against Farmington State Bank and its parent…

Prometheum Set to Launch Ether Custody Services on FINRA-Registered Digital Asset Platform

Benito CormiFeb 7, 20242 min read

Prometheum Launches Ethereum Custodial Services Prometheum has announced its plans to offer custodial services for Ethereum (ETH) and has opened sign-ups for asset management firms, hedge…

Opposition from Crypto Giant Digital Currency Group to Genesis’ Restructuring Plan, Favoring Specific Creditors

Benito CormiFeb 7, 20243 min read

DCG Challenges Genesis’ Bankruptcy Strategy Digital Currency Group (DCG) has raised legal concerns and objected to Genesis’ updated bankruptcy scheme. Attorneys from Weil, Gotshal, and Manges…

Surging in Value, Quantum Cats NFT Collection Takes Over Secondary Market Trading

Benito CormiFeb 7, 20242 min read

Quantum Cats NFTs Gain Value in the Secondary Market Since its launch, the Quantum Cats non-fungible token (NFT) series has experienced significant trading volume and a…

Technical Analysis of Bitcoin: BTC Continues to Show Resilience in a Stable Cryptocurrency Market

Benito CormiFeb 7, 20243 min read

Bitcoin Consolidates with Subdued Activity Bitcoin (BTC) has been exhibiting a pattern of consolidation with subdued activity in the past week. The price of BTC has…

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Benito Cormi - Lolacoin