All unlicensed crypto exchanges have been kicked out of Hong Kong.
TL;DR Binance will restrict the use of unauthorized stablecoins in the EEA starting June 30. Users will be able to sell, but not buy, these unregulated stablecoins on certain Binance platforms. The new MiCA regulations set strict rules for the issuance and management of stablecoins in the EU. Binance, one of the world’s leading cryptocurrency […]
After two silent weeks, Roaring Kitty’s latest roar has shaken the crypto market. The renowned trader has again set the world ablaze after revealing his substantial 5 million GameStop shares holdings. Following his posts, GameStop’s shares soared in the premarket by 90%, and the Solana-based tribute token, GME, skyrocketed by 300%. Roaring Kitty’s Return To […]
The chief legal officer of crypto exchange Coinbase says that the U.S. Securities and Exchange Commission (SEC) is determined to stifle the digital asset industry. In a new thread on the social media platform X, Coinbase executive Paul Grewal says that the regulatory agency is “bent on choking” the digital assets industry by mandating rules […]
The Office of the Comptroller of the Currency (OCC) is taking action against a former bank employee for allegedly stealing thousands of dollars in just one week. The OCC says it’s issuing an order of prohibition against Sabrina Prince for violations of law that resulted in unjust enrichment at the expense of PNC Bank. Between May […]
Shiba Inu falls 84% in whale activity, hinting at explosive SHIB price movement ahead
BlackRock's bitcoin ETF overtook Grayscale's GBTC as the largest spot bitcoin ETF by assets last week. In other headlines, Biden vetoed a crypto …
Digital assets manager CoinShares says institutions poured two billion dollars into crypto products last month. In its latest Digital Asset Fund Flows report, CoinShares says digital asset investment products reached $185 million in inflows last week. “Digital asset investment products saw inflows for the 4th consecutive week totaling US $185 million, with May seeing US […]
The CEO of blockchain analytics firm CryptoQuant says that Bitcoin’s (BTC) on-chain market structure looks similar to 2020 before its bull market finale. Ki Young Ju tells his 346,000 followers on the social media platform X that Bitcoin’s current price action is reminiscent of four years ago when BTC consolidated for over half a year […]
Fold recently released its Direct to Bitcoin feature as part of a set of features that the team at Fold calls its Bitcoin Checking Account. Fold Users can now auto-convert anywhere from 1% to 100% of their fiat deposits to bitcoin from a checking account through which they can also make payments. This new feature […]
Bitcoin and select altcoins are attempting to break above their respective resistance levels, signaling aggressive buying by the bulls.
Starting this week on a bearish note, Polkadot DOT appeared to have found support but is yet to bounce back on the daily chart. A big price movement should be expected soon following a fresh bullish setup daily. Looking back, Polkadot has posted notable gains over the past weeks, but it is yet to witness […]
In a recent analysis, renowned crypto trader Peter Brandt predicted that bitcoin’s current bull run could see the cryptocurrency reaching a peak between $130,000 and $150,000 by late August to early September 2025. Brandt’s projection is based on historical patterns following BTC’s previous halving events. Bitcoin’s Bull Run Could Hit $130K-$150K The April 20 halving, […]
Both bitcoin and ethereum experienced a tepid week over the last seven days, with BTC seeing a slight increase of 0.5% and ETH declining by 3.8%. Conversely, several crypto assets posted gains, with notcoin (NOT) rising 214% against the U.S. dollar. NOT Tops the Charts With 214% Increase, TAO Declines 14% The TON-based crypto asset […]
A widely followed analyst and trader is revealing his top four altcoin picks for the next six months. The analyst pseudonymously known as The Flow Horse tells his 217,900 followers on the social media platform X that Ethereum (ETH) is one of the main plays to look at from now until late this year. His […]
Hong Kong’s Securities and Futures Commission (SFC) has introduced new regulations for virtual asset trading platforms (VATPs), which became effective on June 1. Under these regulations, VATPs operating in or marketing to Hong Kong investors must be licensed by the SFC or qualify as “deemed-to-be-licensed VATP applicants.” The aim of these regulations is to enhance […]
Despite the Bitcoin decline below the $70,000 price mark, a crypto analyst still maintains an optimistic outlook for the pioneer cryptocurrency, predicting that the price of Bitcoin could reach its top soon. Analyst Says Bitcoin’s Top Is $150,000 On June 2, crypto analyst, Peter Brandt released a blog post predicting Bitcoin’s top in the current […]
A new canine cryptocurrency on the Bitcoin blockchain is pawing its way to the top
London, UK, June 03, 2024 (GLOBE NEWSWIRE) — In a significant leap forward for cryptocurrency trading, ValueZone, a leading innovator in digital.
Notcoin became the fifth-most traded cryptocurrency on Monday, beating the trading volume of Circle’s USDC stablecoin, as social interest continues to drive its price action.
Death and taxes and 21 million Bitcoin. That is what we know to be certain. The rest is conjecture. Today I wanted to share my big bets on the next halving. I am sure I will cringe in 4 years at some of these “prophecies” but some of them will come true. I don’t have […]
The CEO of Coinbase is laying out his plan to move crypto regulation forward. In a new company blog post, Coinbase head Brian Armstrong argues clear crypto regulations should be a non-partisan issue. “Coinbase is an apolitical company on issues unrelated to our mission. But when it comes to our mission of increasing economic freedom […]
The co-founder of Tether (USDT), the world’s largest stablecoin by market cap, reportedly says it’s “inevitable” that China will reverse course and open up to crypto assets. According to a new report by the South China Morning Post, Tether co-founder Brock Pierce says that China – which banned all crypto-related commercial activity years ago – […]
Ark Investment Management has withdrawn its application for an Ether ETF, maintaining its focus on Bitcoin. Cathie Wood highlights the political importance of crypto, linking ETF approvals to election issues. Wood emphasises Bitcoin’s superiority over Ether, viewing it as a global monetary system and a new asset class. The race for Spot Ethereum exchange-traded funds […]
Bitcoin traded between US$66,800 and US$70,500 in May, breaking US$70K resistance once. May saw an 11.07% increase, improving from a 14.76% loss in April. Analysts are divided on June’s performance, with some predicting new highs and others anticipating volatility. Over the past week Bitcoin has been trading in a range between US$66,800 (AU$100,200) and US$70,500 […]
The investment landscape for digital assets continues to brighten, with a fourth consecutive week of inflows totaling $185 million, pushing the total for May to an impressive $2 billion. The latest Coinshares inflow report shows the influx has propelled year-to-date investments beyond the $15 billion threshold. Coinshares Tracks $2 Billion May Inflow Into Digital Assets […]
The past week has been an interesting period for Notcoin NOT as it witnessed a massive explosion to a new high today. This high has been rejected and the asset is now undergoing a retracement on the lower timeframe. Following several presale announcements by top exchanges, Notcoin went through a lot of accumulation in May […]
TL;DR Shiba Inu’s burning efforts in May experienced a 78% decline compared to April. The layer-2 blockchain solution Shibarium surpassed 5 million blocks and 400 million transactions, enhancing the ecosystem’s growth. The Burning in May The popular meme coin project Shiba Inu continues to see a substantial amount of tokens removed from its circulating supply. […]
Global payments infrastructure provider Mercuryo has announced a new partnership with Trust Wallet, a leading self-custody Web3 wallet. Trust Wallet supports over 100 blockchains and more than 10 million assets. The partnership introduces an off-ramp service that allows users to convert cryptocurrencies into fiat currencies. Linking Web3 and Web2 for Crypto and Fiat Exchange The […]
Ethereum price extended its decline and tested the $3,700 support. ETH is now consolidating and eyeing a fresh increase above $3,840. Ethereum extended its decline and tested the $3,700 zone. The price is trading near $3,800 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support near $3,760 on […]
The small country on the Arabian Peninsula sees CBDC as part of its national development strategy.
TL;DR Massive Withdrawal: Over 800,000 Ethereum (ETH), worth about $3 billion, has been withdrawn from exchanges, indicating a potential supply squeeze and a bullish sentiment as investors move to self-custody ahead of the anticipated Ether ETFs launch. Speculative Drivers: The exodus is speculated to be driven by whales and institutional investors preparing for a price […]