A bill defining crypto assets as securities and featuring the capital gains tax on them made it through the Parliamentary Committee. It will be introduced to the lower chamber of Parliament as a next step. As the Kenyan newspaper Business Daily reported on Dec. 4, the Capital Markets (Amendment) Bill, 2023, has been approved by […]
Mantle Liquid Staking Protocol’s (LSP) Total Value Locked (TVL) has almost surged to $100 million within 24 hours of the deployment. It offers native yield for Ethereum (ETH) and stablecoins. The trend of LSP has become immensely popular in the past couple of years. However, Lido has been the only dominant player in the LSP […]
US crypto firms are reportedly breaking records in terms of how much they’ve spent on lobbying in 2023. According to a new report by Reuters, the US crypto industry spent a combined $18.96 million on lobbying in the first three quarters of 2023, $2.86 million more than it spent during the same period in 2022. […]
A widely followed crypto analyst says that one key level could signal a Bitcoin (BTC) pullback as the top digital asset rallies. In a new strategy update, crypto analyst Benjamin Cowen tells his 788,000 YouTube subscribers that Bitcoin could dip should it hit the $48,000 level. To make his prediction, Cowen uses Fibonacci retracement levels, […]
North Rock Digital, a player in the digital assets hedge fund arena, recently made a bold prediction regarding the altcoin Stacks (STX). In a statement released on X, the fund highlighted its investment strategy and reasoning for STX being the best altcoin to long at the moment. “When looking for long ideas, we target those […]
El Salvador’s national Bitcoin treasury is back in the green. At least, that’s the latest data from NayibTracker.com, a website dedicated to following the performance of El Salvador’s President Nayib Bukele‘s decision to invest in Bitcoin in 2021. The website tracks the time and date of known purchases, as well as those that Bukele has pledged to […]
Bitcoin price keeps going up but retail traders are not piling in yet. Cointelegraph explores why.
Criminals will continue to favour the use of cryptocurrency to conceal their assets from conventional banking systems, according to the Financial …
Which altcoins can continue rising this week?
The BRC-20 ORDI token has marked a major milestone by surpassing a $1 billion market capitalization, establishing itself as the leading token in the thriving Ordinals ecosystem. In a meteoric rise, ORDI has recorded a 600% rise in the last 30 days, reaching an all-time high of $52.87, demonstrating its ascending position in the cryptocurrency […]
Throughout the year 2023, Bitcoin has proven to be a leading asset in terms of performance, solidifying its position as one of the best-performing assets globally. With an increase of over 140% year-to-date, BTC has consistently outperformed other asset classes, including gold, doubling its relative value. Bitcoin’s recent breakthrough of the psychological $40,000 level marks […]
Crypto.com is announcing that it has been authorized as an Electronic Money Institution (EMI) by the UK’s Financial Conduct Authority (FCA). In a new announcement, the crypto exchange says that the new EMI authorization will allow it to offer a series of UK-based e-money products “as part of the robust FCA regime that aligns with Crypto.com’s […]
El Salvador President Nayib Bukele said the country’s Bitcoin (BTC) investment is in profit as the price of the asset crossed the $40,000 mark for the first time in almost two years. The Central American country started buying BTC in September 2021, with its stash currently worth over $130 million. El Salvador BTC Portfolio Sees […]
Asset management firms BlackRock and Bitwise have updated their filings for spot Bitcoin ETFs with the Securities and Exchange Commission (SEC). These amendments were made in response to the regulators’ queries. According to a report by Coindesk, BlackRock’s updated filing encompasses multiple changes. It focuses on enhancing transparency through aspects such as security, disclosure of […]
Several on-chain metrtics demonstrate the growing optimism about Cardano (ADA). Concurrently, the cryptocurrency has managed to break through a significant resistance level against the backdrop of a bullish market attitude. Not only is Cardano seeing a boost in momentum, but top altcoins are also feeling the effects. Strong positions held by Bitcoin and Ethereum above […]
Brazil’s financial landscape witnessed a seismic shift as Itaú Unibanco, the nation’s largest private bank, announced its foray into the world of cryptocurrency trading Monday, introducing a service that allows its customers to engage in buying and selling Bitcoin and Ether via its ion investment platform. Marking a significant move for a traditional banking institution, […]
As Bitcoin failed to provide a lower price discount, the price continued to break higher – registering a total of 50% gain in the last 30 days. More rallies are expected if it keeps breaking higher. Bitcoin advanced rally last week after staying in a three-week consolidation phase. It entered this week strong and continued […]
Solana (SOL) co-founder Anatoly Yakovenko is unveiling one of the most impactful innovations that’s emanated from the crypto industry In a new interview with macro guru Raoul Pal, Yakovenko says that decentralized finance (DeFi) is possibly the best thing that came out of crypto. “DeFi is the most important app for crypto. It is the […]
It adds to a prior agreement in which Riot bought 33,280 miners from MicroBT. The term sheet was also updated, allowing Riot to buy another 265,000 miners in the future.
It appears that the relationship between the exchange and XRP is reciprocal; following a ban on the cryptocurrency from Gemini's site, trade-in XRP …
How long is dominance of Bitcoin (BTC) going to last?
Digital assets manager CoinShares finds that blue–chip investors continue to allocate to Bitcoin (BTC) and crypto investment products as markets surge. In its latest fund flows report, CoinShares says that institutions poured asset $176 million into crypto markets last week, reaching a 10-week total of $1.76 billion. “Digital asset investment products saw inflows totaling $176 […]
North Korea has greatly increased its focus on the crypto industry since 2017, stealing over $3 billion in digital assets, according to cybersecurity firm Recorded Future. The firm says that the North Korean regime has a “highly trained cadre of computer science professionals” with privileged access to new technology and information. State-backing allows the country’s […]
[PRESS RELEASE – Dubai, United Arab, December 5th, 2023] In a bold move that redefines the blockchain landscape, WOW EARN announces the launch of its innovative WOW EARN Chain, now operating as a Layer 1 blockchain. This significant technological advancement positions the WOW EARN Chain at the forefront of blockchain innovation, offering unmatched efficiency, global […]
The trading platform posted a sharp rise in monthly crypto trading volumes in November, while CEO Vlad Tenev said he hopes to eventually reel in “nine figures” in annual revenue.
Crypto investment products have experienced another week of inflows, bringing the run to 10 consecutive weeks. According to CoinShares’ latest report on digital asset investment funds, inflows into crypto products totaled $176 million last week, bringing the total inflow in 10 weeks to $1.76 billion. The timing is not a coincidence, as most cryptocurrencies turned […]
“It’s hard,” Harry Turtledove declared in 2001, in his Introduction to The Best Alternate History Stories of the 20th Century, “to write about the effects of technology before there’s much in the way of technology to write about.” Two decades on, futurism remains as hard an endeavor as ever, and it’s precisely this problem of […]
Global Cryptocurrency Market Set to Expand with a 12.2% CAGR by the Forecast Period The exponential growth of the global cryptocurrency market is …
Ripple Labs’ Metaco is integrating with an institutional custody firm backed by financial services giant Standard Chartered. According to a new press release, Metaco, a provider of digital assets infrastructure, is integrating with the London-based crypto custodian firm Zodia Custody as a means of creating a global network for institutions. “The integration enables institutions to […]
Chainlink (LINK) has retraced 7.6% since reaching a yearly high of $16.7 on November 11. Although prices have encountered strong support around $15, momentum seems to be building for another upward move. The Chainlink network continues to experience significant growth, and whales appear committed to holding their LINK tokens. Interest in LINK Remains Elevated The […]
In the past few weeks, the Terra ecosystem has demonstrated impressive performance, outshining broader market trends with significant gains. During November, Terraform Labs, overseeing Terra Luna Classic (LUNC) and TerraClassicUSD (USTC) altcoins, distributed over $17 million across various liquidity pools. This strategic move, including allocations like $1.5M for LUNA/axlUSDC, $1M for wBTC/LUNA, and $150K for […]