Bybit has ended its operations in Malaysia following an order from the Securities Commission Malaysia (SC). The SC flagged the cryptocurrency exchange giant for operating in the country without local registration and held Bybit’s CEO, Ben Zhou, responsible for ensuring compliance. Actions against Unregistered Platforms The order came after the Malaysian regulator added Bybit to […]
Cryptocurrency miners in Chechnya will be treated as terrorists, Adam Delimkhanov, a State Duma deputy and advisor to the head of the republic, …
Bitcoin stands at a critical crossroads, with its price hovering near the crucial $93,257 support level. This key price point has acted as a stronghold for the cryptocurrency during its recent ascent, but now, the market is facing mounting pressure. Bearish strength is starting to gain traction, raising concerns that the $93,257 level might soon […]
A Hong Kong legislator has proposed leveraging the “one country, two systems” framework to add Bitcoin to its national reserve for financial stability.
The research arm of Galaxy Digital is revealing its predictions for the two largest crypto assets in 2025. In a new thread on the social media platform X, Galaxy Research’s Alex Thorn says he sees Bitcoin (BTC) surging by nearly 100% from current levels before 2025 expires amid increasing adoption of the largest digital asset […]
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition of Latam Insights, El Salvador continues buying bitcoin despite IMF’s requirements, the Argentine justice system orders freezing USDT for the first time, and a Brazilian congresswoman warns about the dangers […]
Bitcoin mining difficulty has had yet another positive adjustment
South Africa’s Financial Sector Conduct Authority (FSCA) announced earlier this month that it has approved the licences of 248 firms to operate as crypto asset service providers (CASPs) while declining nine applications. The regulator has yet to make a decision on 56 more applications. South Africa Regulates Crypto Firms The regulator further revealed that it […]
ChainCatcher news, the Financial Services Commission of South Korea announced that the decision on whether to allow companies to open cryptocurrency …
The Blockchain Association and Texas Blockchain Council filed a lawsuit against the IRS over new cryptocurrency regulations, arguing the violation of constitutional rights. Legal experts warn that the regulations could infringe on DeFi user privacy, stifle blockchain innovation, and drive technological development offshore. The Blockchain Association and the Texas Blockchain Council have filed a lawsuit […]
Treasurer Jim Chalmers views cryptocurrencies as tools for modernising Australia’s financial system, contradicting RBA Governor Michele Bullock’s dismissal of their utility. Chalmers acknowledges the risks of illicit uses but warns against excessive regulation that could hinder the industry’s potential. He advocates for a balanced approach to crypto regulation, emphasising protection without stifling innovation. The global […]
Imagine this: the crypto market is in one of its infamous dips, and everyone’s panicking. But savvy investors? They’re rubbing their hands in excitement. Why? Because downturns are the golden opportunities to snag investments that can skyrocket. The meme coin market, long considered a playground for laughs, has evolved into a lucrative investment hub. Recent […]
Since making Bitcoin a legal tender in 2021, the El Salvador government, led by President Nayib Bukele, has pursued a consistent strategy of accumulating Bitcoin. This Bitcoin accumulation strategy, which has largely paid off, has continued up until now. According to recent data, El Salvador has now crossed the 6,000 BTC threshold. This makes El […]
Bitcoin has retreated 13.7% in the last 12 days, leading to the Crypto Fear & Greed Index recording its lowest score since Oct. 15.
The real-world asset (RWA) sector has experienced meteoric growth over the past three years, soaring 58 times its previous valuation. Recent data from DeFiLlama revealed that its total value locked (TVL) now stands at an all-time high of $8.217 billion, with a $1 billion spike coming within the last seven days alone. Major Players Fueling […]
El Salvador’s vice president highlighted bitcoin’s role in economic growth during a meeting with China’s ambassador, emphasizing Chinese cooperation in advancing digital infrastructure projects. El Salvador Spotlights Bitcoin Wealth in Discussions With Chinese Delegation El Salvador’s Vice President Félix Ulloa highlighted the country’s bitcoin success in a meeting with Chinese Ambassador Zhang Yanhui, the Office […]
Market awaits end of yearly cycle
In the past year, we've witnessed some transformative moments for cryptocurrency and blockchain technology.
Investing veteran Tom Lee believes the US stock market will see greater heights next year propelled by a number of tailwinds. In a new CNBC interview, the Fundstrat co-founder and managing partner says the current macroeconomic backdrop will sustain stock market rallies next year. Lee also says he sees investors waiting on the wings to […]
A popular analyst says crypto market participants are overlooking a payments-focused altcoin that has been performing well over the past few months. The crypto strategist pseudonymously known as Altcoin Sherpa tells his 236,400 followers on the social media platform X that he believes XRP will print record highs before the market cycle comes to a […]
Galaxy Digital predicts the US government will not purchase Bitcoin in 2025 but will manage its existing holdings of over 183K BTC and explore an expanded Bitcoin reserve policy. A proposal by Senator Cynthia Lummis, the Bitcoin Act 2024, could allow the US Treasury to buy 200,000 BTC annually over five years. Galaxy Digital’s research […]
Ripple’s RLUSD stablecoin saw a 106% surge in trading volume, reaching US$39 million in 24 hours. RLUSD, launched recently with NYDFS approval, is a fiat-backed stablecoin pegged to the US dollar, with reserves including cash deposits and commercial paper, and is available on platforms like Uphold, MoonPay and Bitso. Ripple’s RLUSD stablecoin has experienced a […]
Best Cryptos to Invest in December 2024: Why Qubetics, Bitcoin, and Avalanche Stand Out The cryptocurrency market has been a rollercoaster ride, no doubt about it. For seasoned investors and first-timers alike, figuring out which digital assets to add to your portfolio can feel like a guessing game. But with December 2024 upon us, it’s […]
Bitcoin price failed to surpass $95,500 and declined again. BTC is back below $94,500 and might revisit the $91,200 support zone. Bitcoin started a fresh decline from the $96,500 zone. The price is trading below $95,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $94,000 […]
Long-term ETH holders have proved they have superior diamond hands to Bitcoiners throughout 2024.
A co-founder of Ethereum (ETH) rival Solana (SOL) is reportedly facing a lawsuit for allegedly misappropriating the income earned from his former wife’s crypto holdings. Bloomberg reports that Elisa Rossi has filed a complaint with the San Francisco Superior Court accusing her ex-husband Stephen Akridge of stealing millions of dollars worth of staking rewards gained […]
A crypto strategist known for making timely Bitcoin and altcoin calls is outlining a potential path for BTC to end the current bull market with a bang. Pseudonymous analyst Credible Crypto tells his 65,900 YouTube subscribers that Bitcoin appears to be in the fifth and final leg of its secular bull market that began about […]
During the opening week of the year, the Kheavyhash algorithm—used for mining kaspa (KAS)—topped the profitability charts among proof-of-work (PoW) algorithms. Fast forward to today, and Scrypt has claimed the crown as the most lucrative choice for miners, particularly those extracting dogecoin (DOGE) and litecoin (LTC). Mining Algorithms Push Limits in a Historic Year As […]
90 million DOGE on move with Dogecoin price slightly rebounding
One cryptocurrency that meets all three of these criteria is Litecoin (CRYPTO: LTC). While Litecoin may be up only 42% this year, it could have a …
Egrag Crypto, a well-known crypto analyst on the social media platform X, recently shared an optimistic price prediction for XRP. According to the analyst, technical analysis of the XRP price on the weekly timeframe suggests that XRP is on track to reach a price target of $15 by May 5, 2025. The analysis, which is […]
According to data from MicroStrategy co-founder Michael Saylor, the company holds 444,262 Bitcoin, valued at roughly $41.4 billion.