Raymond Munene

Raymond Munene

Raymond Munene is a crypto content writer who contributes to Crypto2Community. With over three years of experience, he is interested in Bitcoin, Blockchain, and Technical Analysis. Focusing on daily market analysis, his research helps traders and investors alike. His particular interest in cryptocurrency and blockchain aids his audience.

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Articles by Raymond Munene

Crypto News2 years ago
Raymond Munene
By Raymond Munene6/17/2024
Highlights: Ethereum scaling solutions achieved a record 246.18 transactions per second (TPS) on June 16, marking a milestone for blockchain performance. Layer 3 XAI significantly influenced this surge, accounting for over 41% of the total transactions with a remarkable 101.72 […]
Crypto News2 years ago
Raymond Munene
By Raymond Munene6/17/2024
Highlights: Willy Woo identifies long-term Bitcoin holders as a key factor in the current price decline, noting their significant influence on market trends. The advent of futures markets, or ‘paper BTC,’ diverts demand from actual Bitcoin, affecting market sensitivity to […]
Crypto News2 years ago
Raymond Munene
By Raymond Munene6/17/2024
In a recent update to Ripple Labs’ ongoing legal tussle with the U.S. Securities and Exchange Commission, the discussion around penalty figures has reignited. Ripple’s Chief Legal Officer, Stuart Alderoty, took a firm stand against the SEC’s revised fine proposal, […]
Crypto News2 years ago
Raymond Munene
By Raymond Munene6/16/2024
Highlights: Japan’s Financial Services Agency warns LBank for unregistered cryptocurrency services, raising compliance concerns. LBank had listed Aethir (ATH) on June 13 despite facing regulatory scrutiny from the Japanese authorities. The FSA previously issued warnings to Bybit, MEXC, Bitget, and […]
Crypto News2 years ago
Raymond Munene
By Raymond Munene6/15/2024
Highlights: ETH/BTC movements have historically signaled key growth phases for altcoins, aligning with end-of-cycle market surges. Despite the bearish sentiment, historical patterns in 2020/21 show that altcoins surge after resistance levels in market cycles. Institutional investors have been present in […]
Crypto News2 years ago
Raymond Munene
By Raymond Munene6/15/2024
Highlights: El Salvador proposes reforms to allow private banks to operate with Bitcoin and digital assets. New legislation aims to create a legal framework for Bitcoin-based private investment banks. El Salvador holds 5,781 BTC, valued at over $376 million, highlighting […]
Crypto News2 years ago
Raymond Munene
By Raymond Munene6/15/2024
Highlights: The SEC rejected Ripple’s comparison to Terraform Labs, citing significant case differences. Ripple’s penalty comparison based on Terraform’s ratio ignored gross profits, leading to a proposed $102.6 million penalty. The SEC emphasized that Terraform Labs’ bankruptcy and restitution measures […]
Crypto News2 years ago
Raymond Munene
By Raymond Munene6/14/2024
Highlights: NY Attorney General recovered $50 million for over 230,000 defrauded investors from Gemini’s Earn program. The settlement prohibits Gemini from operating any crypto lending programs in New York to protect investors. Gemini must also assist with ongoing litigation against […]
Crypto News2 years ago
Raymond Munene
By Raymond Munene6/14/2024
Highlights: MicroStrategy offers $700 million in 2.25% convertible senior notes due 2032 in a private sale. Notes are convertible into cash, MicroStrategy stock, or a combination at MicroStrategy’s discretion. Recently, MicroStrategy issued a notice to redeem $650M of 2025 convertible […]
Crypto News2 years ago
Raymond Munene
By Raymond Munene6/14/2024
Highlights: Bitfarms has secured a site in Sharon, PA, planning to develop up to 120 MW of power capacity by 2025. The new site is part of the PJM Interconnection, offering Bitfarms competitive electricity rates and diverse revenue streams. The […]
Crypto News2 years ago
Raymond Munene
By Raymond Munene6/12/2024
Highlights: Terraform Labs and Do Kwon agree to pay $4.47 billion to the SEC in a fraud settlement. The settlement permanently bans Terraform Labs and Kwon from trading crypto asset securities. Kwon must transfer $204.3 million to the Terraform bankruptcy […]
Crypto News2 years ago
Raymond Munene
By Raymond Munene6/12/2024
Highlights: Ripple CEO Brad Garlinghouse unveils RLUSD at the XRP Ledger Apex summit in Amsterdam. RLUSD, Ripple’s 1:1 USD-backed stablecoin, aims to stabilize XRP Ledger transactions. Ripple’s strategic move into the stablecoin market targets a projected $3 trillion sector by […]