The cryptocurrency exchange Bybit has experienced significant growth over the past year and, after five years of operation, has surpassed 20 million users. However, its expansion is not as dynamic in some regions due to local regulatory challenges. One such example is France, where the local financial commission, AMF, blacklisted Bybit two years ago. Now, […]
Vanguard, one of the world’s largest investment firms, has named a new CEO: Salim Ramji, who previously led BlackRock’s ETF business and helped launch its spot bitcoin ETF, IBIT in January. JUST IN: Vanguard appoints Salim Ramji as a new CEO, a former Blackrock’s #Bitcoin ETF lead. Earlier, Vanguard refused to offer BTC ETF 👀 […]
The post-halving world of Bitcoin continues to throw curveballs. After a hashrate surge to celebrate the block reward reduction in April, Bitcoin’s computational power has taken a nosedive, dropping 20% in recent weeks. This unexpected decline has ignited a debate among analysts, with some sniffing out a fire sale and others urging caution. Bitcoin: Hashrate […]
… cryptocurrency addresses and foreign cryptocurrency exchanges, prosecutors say. After allegedly stealing the crypto, it is claimed the brothers …
A closely followed crypto analyst predicts one Ethereum (ETH) competitor is about to have a massive breakout against Bitcoin (BTC). Pseudonymous trader Kaleo tells his 638,000 followers on the social media platform X that the smart contract platform Avalanche (AVAX) could soar against BTC by more than 84% from its current value. “AVAX/BTC: I might […]
TL;DR Blast L2 Airdrop Postponed: The anticipated BLAST token airdrop by Ethereum layer-2 solution Blast has been delayed from May to June 26, with an increased distribution share to compensate for the wait. Token Distribution Strategy: Half of the BLAST tokens will be allocated to developers as Blast Gold points to encourage dApp innovation on the […]
Coinbase is planning to launch a service to allow Aussie investors to more easily allocate digital assets to their self-managed superannuation funds. Coinbase Asia Pacific General Manager, John O’Loghlen, says the offering targets investors wanting to make one-off allocations to their super fund. Coinbase, the largest US-based crypto exchange, is planning to target Australia’s self-managed […]
[PRESS RELEASE – London, United Kingdom, May 16th, 2024] Talos, the premier provider of digital asset trading technology for institutions, and One Trading, a crypto trading venue headquartered and regulated in the European Union, announced an integration designed to expand liquidity access for institutions. As part of the collaboration, One Trading joins the Talos network […]
PRESS RELEASE. Beijing, China – May 16th, 2024. RockTree Capital, a leading crypto-native fund and merchant bank headquartered in Beijing, announces the launch of its immersive website, showcasing a futuristic film-noir concept: the Cyberpunk Crypto City. The website’s cutting-edge interactive cityscape represents RockTree’s vision where Web3 has become pervasive, fusing technology, finance, and culture. The […]
BTC price action has its doubters after swiftly jumping to new May highs, but some see Bitcoin continuing upward momentum into price discovery.
Top analyst predicts that Ethereum (ETH) is on brink of substantial price recovery
After locating solid support for two weeks, Sol resurged today and flipped through the $150 level to where it trades near a key resistance level. Breaking through this resistance should foster a fresh bullish sentiment. Following this month’s recovery from a low of $120 to a high of $159, Solana faced rejection again and pulled […]
Chicago Mercantile Exchange (CME), known for operating one of the largest US-based futures exchanges, is planning to offer spot Bitcoin trading to its clients, according to a report by the Financial Times. CME Expansion in Crypto Markets Although not officially confirmed or commented on by the exchange, the plans to offer Bitcoin trading came when […]
El Salvador has mined nearly 474 bitcoins worth around $29 million since September 2021 using geothermal energy from the Tecapa volcano, official data revealed. This boosts the country’s total bitcoin holdings to 5,750 BTC valued at over $360 million. JUST IN: 🇸🇻 El Salvador mined nearly 474 #bitcoin worth $29 million using volcano-fueled geothermal power […]
The Shiba Inu (SHIB) price has exhibited a notable increase, rising by 6.5% in the last 24 hours and 12.5% over the past week, marking a significant shift towards bullish momentum. Technical analysis of the daily SHIB/USD chart reveals a descending trend line where price has been rejected on every single daily close for the […]
Students and job seekers should be wary of a specific type of crypto scam falsely promising work-from-home opportunities, warns the Commodity Futures Trading Commission (CFTC). “Money mule” scams involve criminals tricking people into sending and receiving money into their bank accounts, digital wallets, or spot-market crypto trading accounts as part of their supposed job responsibilities. […]
Bitcoin (BTC) has printed a sudden 7% bounce following data from the Bureau of Labor Statistics (BLS) revealing that inflation data cooled in April. According to the BLS, the Consumer Price Index (CPI), which is a measure of the average change over time in the prices paid by urban consumers for a market basket of […]
The world's most important financial centre must lead on protecting crypto investors and consumers, says Michael Gronager.
Switzerland plans to adopt global standards for crypto tax reporting, joining the Crypto-Asset Reporting Framework to improve transparency.
Bitcoin’s price actions were quite underwhelming for days but the substantial ETF flows as well as the positive US CPI numbers resulted in massive gains that propelled the cryptocurrency to a 3-week peak of over $66,000. The landscape with the altcoins is quite similar, with most turning green on a daily scale. ETH is above […]
Michael Saylor, co-founder of Microstrategy and a prominent Bitcoin advocate, recently suggested in a social media post that U.S. pension funds, which collectively manage approximately $27 trillion in assets, will need to incorporate bitcoin into their portfolios. He stated, “There are thousands of pension funds in the United States managing ~$27 trillion in assets. They […]
TL;DR The launch of ShibaSwap on Shibarium marks a significant advancement for the Shiba Inu ecosystem, expanding its capabilities beyond the Ethereum network. ShibaSwap stands out as the first major decentralized application built on Shibarium, offering users access to a wide range of features, such as liquidity pool creation and token swapping between the Layer […]
The buying of Bitcoin ETFs by financial institutions since January is now visible through SEC-required 13F filings Bracebridge Capital emerges as the largest holder of Ark Invest and BlackRock’s Bitcoin ETFs with over US$434 million invested. Meanwhile, Susquehanna International Group has US$1 Billion in Grayscale, plus more money in other ETFs. What a week it […]
Can traders expect upward move of Solana (SOL) soon?
The Bitcoin rise above $69,000 before the fourth halving to reach a new all-time high of $73,000 in 2024 took many by surprise. However, crypto analyst BitQuant was not one of those people. In 2023, the analyst had correctly predicted that the BTC price would reach a new all-time high before the halving was completed. […]
The virtual asset management provider HashKey Capital Limited has secured both Type 4 and upgraded Type 9 licenses from the Securities and Futures Commission (SFC), becoming the first licensed corporation to offer a complete suite of securities and virtual asset management and advisory services to retail investors in Hong Kong. Representatives of the company told […]
The Chicago Mercantile Exchange (CME), the world’s largest futures exchange, is planning to offer spot bitcoin trading on its platform, according to a Financial Times report. This move would provide major hedge funds and institutional traders with a regulated venue to trade Bitcoin. NEW: 🇺🇸 World’s largest futures exchange, CME Group is planning to launch […]
Stablecoin issuer Circle is reportedly looking to move its domicile to the US ahead of its planned upcoming initial public offering (IPO). According to a new report by Bloomberg, Circle, which issues the dollar-pegged crypto asset USDC, is planning on moving to the US from Ireland. An anonymous company spokesperson told Bloomberg that the court […]
The U.S. Commodity Futures Trading Commission (CFTC) is ordering the Seychelles-registered cryptocurrency brokerage firm Falcon Labs to pay nearly $2 million to settle regulatory violations. CFTC says that Falcon Labs failed to properly register with the regulator and will consequently pay a total of $1,768,512 in the regulator’s first action against an unregistered futures commission […]
While trading in a range-bound, Ripple showed signs of strength today as it tapped a 4% gain. Despite a steady decline in the daily volume indicator, it found support again and continues to foot a fresh increase. Ripple’s XRP has reacted positively to the latest increase across the market, bouncing off a key level after […]
The Zimbabwean government has formed a multi-stakeholder committee, tasked with consulting stakeholders in the cryptocurrency ecosystem.
After months of meetings with industry experts and AI critics, four U.S. senators published what they say is a comprehensive roadmap for maintaining U.S. leadership in AI development.