Author
Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
What’s Causing the Bitcoin Price Crash? CryptoQuant CEO Weighs In
Recent weeks have seen a whirlwind of events in the world of Bitcoin and the broader crypto market. From the excitement of spot Bitcoin ETFs entering the US market to a subsequent cooling off of prices and the emergence of the Golden Cross, uncertainty now looms over the fate of the top cryptocurrency. Let’s dive …
Qadir AK·24 Jan 20242 min
Bitcoin’s ETF Boom: 30x More Impact Than Halving
Bitcoin is dipping in the face of record ETF inflows? All because FTX is back from the dead and sold over $1 Billion since GBTC was uplisted. And GBTC continues to be the turd in the punchbowl with its high fees causing additional sell pressure. Despite the downturn, this Analyst has given a fresh breeze …
Qadir AK·24 Jan 20242 min
Crypto Donation Freeze During Protests Deemed Unlawful by Canadian Court
In a significant ruling by a Canadian federal judge on Tuesday, the government’s attempt to use emergency powers to freeze assets, including cryptocurrencies, during the 2022 trucker protests has been declared unconstitutional. Justice Richard Mosley of the Federal Court of Canada asserted that there was no national emergency justifying the application of the Emergencies Act. …
Qadir AK·24 Jan 20242 min
Ripple vs. SEC Update: SEC’s New Demand in Ripple Lawsuit
On Tuesday, January 23, the United States Securities and Exchange Commission (SEC) filed a motion to US magistrate Judge of the Southern District of New York, Hon. Sarah Netburn, in further support of its motion to compel Ripple Labs to disclose certain financial documents regarding XRP sales after the 2020 legal action. The US SEC’s …
Qadir AK·24 Jan 20241 min
SEC Says ‘No’ to Ethereum ETFs, but Issuers Keep the Faith
The approval of spot Ethereum Exchange-Traded Funds faces uncertainty as the U.S. Securities and Exchange Commission exhibits resistance. Fox Business reporter Eleanor Terrett sheds light on diverse expectations surrounding the SEC’s stance, revealing potential challenges and conflicting opinions. SEC’s Current Position Terrett reports a “hard no” from sources within the SEC, signaling “some internal resistance” …
Qadir AK·24 Jan 20242 min
Global Crypto Ownership Explodes 34% in 2023, Reaching 580 Million Users
In 2023, the global cryptocurrency community witnessed a remarkable surge, with the number of cryptocurrency owners soaring by an impressive 34%, from 432 million in January to a staggering 580 million by December. This insight, unveiled by Crypto.com’s Crypto Sizing Report, proves crucial for the finance market. Don’t miss out! What’s Fueling the Surge? Ether …
Qadir AK·23 Jan 20242 min
Bitcoin Price Tumbles 20% After ETF Hype: Is This a Good Time to Buy?
Bitcoin has faced a recent downturn, losing nearly 20% of its value since the launch of the first-ever exchange-traded funds (ETFs) on January 11. On the day ETFs debuted, Bitcoin initially surged to an impressive $49,021, with major players such as BlackRock Inc. and Fidelity Investments joining the crypto investment arena. However, the excitement was …
Qadir AK·23 Jan 20242 min
Ripple’s Legal Head Exposes Flaws in Coinbase vs. SEC
In the ongoing legal face-off between Coinbase and the SEC, analysts cautiously place their bets on a 70% chance of victory for Coinbase, as indicated by Bloomberg Intelligence’s James. Despite this optimism, the crypto community remains watchful, acknowledging the inherent unpredictability of such legal battles. What’s going to happen next in this (very) unpredictable drama? …
Qadir AK·23 Jan 20242 min
Binance in Hot Water? SEC Challenges “Confusing” Rules and Jurisdiction Oversight
The SEC vs Binance lawsuit witnessed a fiery oral argument session on the January 22 (Monday) court hearing. Mathew Gregory and the counsel representing Binance faced criticism from Federal Judge Jackson regarding its arguments to toss out SEC’s complaint against Binance. On the other hand, the SEC has yet to defend its jurisdiction on cryptocurrency. …
Qadir AK·23 Jan 20242 min