TL;DR SEC’s Action Against Kraken: The SEC sued Kraken for operating without proper registration, highlighting compliance issues in the crypto industry. XRP Excluded from Kraken Lawsuit: XRP, Ripple’s token, was not listed in the SEC’s lawsuit against Kraken, though its price saw a minor decline. Ripple’s SEC Lawsuit Progresses: Ripple is engaged in an ongoing […]

There isn’t much supply left for buyers, which could cause supply shock in future

Wintermute Asia Pte. Ltd, the digital asset derivatives trading arm of the Wintermute Group, an algorithmic trading firm in the digital assets space, has executed its first options block trade through CME Group. The BTC/USD block trade, facilitated between Wintermute Asia and TP ICAP, was successfully cleared by ABN AMRO Clearing Bank N.V. Wintermute Asia […]

Bitcoin miners provide a valuable service to the ecosystem. In exchange for the work they do securing the network, they are rewarded by the same network they protect. This sound and elegant design by Satoshi is surely one of the most remarkable aspects of Bitcoin. What is increasingly being forgotten, however, is that there is […]

On-chain data shows that one entity sold off over $23.4 million worth of Bitcoin (BTC) today before reports that the US government was launching new enforcement actions against players in the industry. Spotted by on-chain analytics firm Lookonchain, an unknown Bitcoin address offloaded their entire stack of 636 BTC worth $23.46 million. On the same […]

Binance, the world's largest cryptocurrency exchange, agreed to pay more than $4 billion as part of an agreement with the U.S. government.

The Shiba Inu community has again ramped up its SHIB burning efforts, causing a massive burn rate spike. Despite SHIB’s tumbling price in the past seven days, Shiba Inu’s burn rate has recorded a nearly 48,000% increase. The SHIB community is determined to cut down the Shiba Inu circulating supply, a feat that many believe […]

Bitcoin transaction fees have soared above Ethereum’s amid a renewed appetite for Ordinals-inscribed assets.

ARK’s modified ETF application shifts from direct to indirect Bitcoin exposure, potentially altering investor expectations and perceptions in crypto finance. SEC advises cash creates for Bitcoin ETFs, impacting issuer plans and investor benefits; Bloomberg’s Balchunas sees 90% approval odds. ARKs Modified Application After much forth and back in the drama that is the eagerly awaited […]

Tether, the world’s largest issuer of stablecoins, made a deposit exceeding $1 billion with a subsidiary of Britannia Financial Group, which is now the center of a legal battle in London’s High Court. Central to the dispute lies a disagreement between Britannia Financial and Arbitral International regarding the sale of a Bahamas brokerage in June […]

Can Binance Coin (BNB) and Cardano (ADA) remain bulliish?

During the peak of the last crypto bull run, as BTC was, in 2021, approaching its $69,000 all-time high, there was, along with plenty of liquidity, and animal spirits running rampant, a prominent driver for the bullish narrative: the belief that the institutions were coming to crypto. This referred to institutional demand for and adoption […]

Macro investor and fund manager Dan Tapiero says that a massive adoption wave of crypto technology is now underway. In a new interview with former Goldman Sachs executive Raoul Pal, Tapiero says that traditional retailers and finance giants are all moving into the digital asset space as a means to improve their business models. He […]

But now they're facing two new crime-fighting tools: AI and cryptocurrency regulation. Greg Moreman, director of compliance services at Level Legal, …

Global banks have begun actively integrating crypto assets into their financial operations, and XRP has been one of their top preferences. This news signifies a shift in the skepticism surrounding cryptocurrencies, revealing how some of the world’s leading banks seek to leverage XRP’s fundamental strengths as a cross-border payments system.  BCBS Highlights XRP Dominance In […]

BNB hit its highest price since June after Bloomberg reported the Justice Department wanted $4 billion from Binance to end its probe into the exchange.

The CEO of Lightning Network wallet Strike says one catalyst could trigger a surge for the king crypto that could swiftly see it hit a six-figure price tag. In a new interview with Fox Business, Jack Mallers says that he envisions Bitcoin (BTC) eventually being worth hundreds of thousands of dollars per coin as the […]

Shibarium, the decentralized blockchain network powered by Shiba Inu (SHIB) tokens, has announced the release of a new feature that allows users to donate to non-profit validators who help secure and maintain the network. The feature is part of Shibarium’s vision to create a supportive and inclusive ecosystem for its community. New updates in https://t.co/PUW85DYjTq […]

According to data from the blockchain analysis firm Glassnode, the metric of net change in Bitcoin’s position on exchanges has experienced a significant increase, reaching its highest point since May. Specifically, 31,382.43 Bitcoins were recorded in these wallets last Sunday, equivalent to approximately $1.16 billion, raising the total balance to 2.35 million BTC. This increase […]

[PRESS RELEASE – Saint Vincent and, the Grenadines, November 21st, 2023] ApeX Protocol, one of the leading permissionless and non-custodial derivatives decentralized exchanges (DEX), is proud to announce its first-year anniversary, marking a year of remarkable achievements, strategic partnerships, and exciting roadmap unveilings. ApeX will be celebrating this milestone with a 2-week-long celebration, with 25,000 […]

Cryptocurrency funds have marked notable week of inflows, with Ethereum, Solana and other altcoins seeing substantial investment alongside Bitcoin

Argentina has recently witnessed a seismic political shift with the election of Javier Milei as its new president. Beyond the political dynamics, this change is accompanied by a notable surge in Bitcoin’s value, signaling a broader societal interest in challenging traditional economic paradigms. Javier Milei’s Presidential Victory: A Catalyst for Bitcoin’s Ascent Javier Milei, a […]

The United States Department of Justices has put a price on what is required for the world’s largest crypto exchange to settle its case, and it is no small sum. Nevertheless, the news has been seen as positive by traders and investors who are loading up on BNB. On November 20, Bloomberg reported that the […]

… cryptocurrency case, Bloomberg reported Monday (Nov. 20), citing unnamed sources. The negotiations between the Justice Department and Binance also …

In a recent analysis, a crypto market expert has discovered key elements that could trigger a massive surge in the Bitcoin price.  Crypto Expert Reveals Bitcoin Price Surge Catalyst Head of Research at CoinShares, James Butterfill has published an in-depth analysis of a revelation that could catalyze a significant increase in Bitcoin’s price. Butterfill’s research […]

Apple faces a class action over alleged anti-competitive conduct in the iOS peer-to-peer payments market.

The firm behind USDT has voluntarily frozen over $200 million worth of stablecoins to assist the U.S. Department of Justice (DOJ). In a new announcement, Tether says they are freezing $225 million in USDT funds in certain Southeast Asian wallets allegedly connected to “pig-butchering” romance scams. In a pig butchering scam, bad actors form a relationship […]

Today, the SEC filed a complaint alleging that Kraken operates as an unregistered securities exchange, broker, and clearing house. We disagree, and intend to vigorously defend our position in court. Today’s news has no impact on the products we offer and we will continue to provide services to our clients without interruption. We remain fully committed […]

Crypto AI tokens gain traction, surpassing $2 billion in weekly trading volume for first time since March

In a recent speech in Venice, Andrea Enria, Chair of the Supervisory Board of the European Central Bank (ECB), delved into the complex realm of cryptocurrency regulation, focusing on the Markets in Crypto-Assets Regulation (MiCAR). MiCAR, operational since June 2023 and set for full EU-wide implementation by the end of 2024, marks a groundbreaking effort […]

Despite being published in 1949 at the tail end of World War II, I think George Orwell’s fictional novel, 1984, is still as relevant today as it was back then. The book is set in the fictional state of Oceania, where a dystopian future has taken over the reins of society. The leader of the […]

The latest installment of the weekly report on digital asset fund flows reveals a continued momentum in investment. During the past week, capital inflows totaling $176 million were recorded, marking the eighth consecutive week of positive flows and bringing the cumulative inflows for the year to $1.32 billion. Despite this positive trend, it is noteworthy […]