The Hong Kong Monetary Authority (HKMA) and the Financial Services and Treasury Bureau (FSTB) have released a consultation paper on new stablecoin legislation. The paper will be used to draft a licensing regime for stablecoin issuers following similar efforts in Singapore that have benefitted USDC issuer Circle. The government seeks input on the conditions under […]

Solana (SOL) has seen an incredible surge in price over the past few months. Having started the year trading around $11 SOL broke past yearly all-time highs this week, hitting a peak of $121 before correcting lower. This represents unbelievable gains of over 800% from June lows of around $15. However, despite SOL’s astronomical rise, […]

IOTA Network’s ShimmerEVM has unveiled plans to incorporate LayerZero’s cross-chain messaging technology, enabling users to engage and transact seamlessly across multiple networks. Shimmer, situated within the IOTA ecosystem, serves as a blockchain platform granting developers access to unique features for creating and launching decentralized apps (dApps). ShimmerEVM, the platform’s layer compatible with Ethereum virtual machines, […]

Shiba Inu is soaring up the 7-day, 14-day, and 30-day charts. Here are three signs that the SHIB price rally for the popular Ethereum ERC-20 meme coin continues. But real quick first, here is the most recent update on SHIB price: Shiba Inu Support Building аt $0.00001075 The Shiba Inu token has bounced along a […]

In the ever-evolving landscape of cryptocurrency, Solana has emerged as a prominent player, and within its ecosystem, meme coins are creating a buzz in the crypto community. Meme coin trading, with its inherent thrill of pump-and-dump scenarios, has gained momentum on Solana, driven by a surge in liquidity and recent airdrops that have propelled SOL […]

The cryptocurrency market in the European Union (EU) experienced significant growth during the year 2023, with almost 1,000 new entities registered. This data, analyzed by DL News’ Europe Crypto Tracker, reveals that by the end of the year, there are at least 11,597 virtual asset service providers (VASPs) registered across the 27 EU member countries. […]

In a recent turn of events, the cryptocurrency market has experienced a significant downturn, leading to a massive liquidation of leveraged long positions in altcoins. This development has sent shockwaves through the crypto trading community, as investors grapple with the sudden market turbulence. The altcoin market, known for its volatility, has seen a sharp decline, […]

Cryptocurrencies are virtual currencies that rely on encryption to ensure safe and regulated transactions. They are decentralised, meaning that …

MicroStrategy, a leading business intelligence and software company, has continued its steadfast commitment to Bitcoin by purchasing an additional 14,620 BTC at a total cost of $615.7 million, Founder & Chairman Michael Saylor announced today. The purchase came as Bitcoin’s price has been experiencing upward momentum, reaching highs of over $42,000. The company initially entered the Bitcoin […]

Former Binance head CZ may be gearing up for prison term, but BNB, his exchange’s flagship token, is showing remarkable resilience

The authorities in Hong Kong are exploring regulating stablecoins, as the latest consultation paper proposed the regulation of fiat-referenced stablecoins (FRS). If the proposed rules are implemented, stablecoin issuers in Hong Kong must obtain a local license. Hong Kong’s Step to Regulate Stablecoins The consultation paper issued by the Financial Services and the Treasury Bureau […]

Billionaire and early crypto entrepreneur Barry Silbert is resigning from crypto asset manager Grayscale’s board of directors as of New Year’s Day 2024. Silbert, head of Grayscale’s parent company Digital Currency Group (DGC), will give his chair to DCG’s chief financial officer (CFO) Mark Shifke, according to a new filing with the U.S. Securities and Exchange […]

The crypto community has been eagerly awaiting potential approvals of Bitcoin exchange-traded funds (ETFs) by the United States Securities and Exchange Commission (SEC). According to recent news, the regulatory body has asked at least two spot Bitcoin ETF hopefuls to submit final changes by December 29, 2023. The deadline for the SEC to approve or […]

Crypto analyst Mags has taken note of Injective’s latest price performance. Analysts say the Injective coin could touch $50 if its rally lingers. On the other hand, Pullix is set to become one of the best DeFi projects in the DeFi sector. The project is bringing new features and functionalities. The Pullix (PLX), the Best […]

A pattern in the supply of the Bitcoin long-term holders could provide some hints about when the next bull run might begin in earnest. Bitcoin HODLer Balance Has Followed A Specific Pattern In Previous Cycles According to the market intelligence platform IntoTheBlock, the supply of the BTC HODLers is “an excellent indicator for measuring market […]

The rise and triumph of the Ordinals in 2023 have provoked the ire of Bitcoin maximalists. The surge in transaction fees, in particular, has heightened tensions between the two factions of the Bitcoin community. In an unexpected turn of events, a contributor to Taproot Wizards, a collection featuring inscriptions by Bitcoin Ordinals, claims to have […]

Today's top cryptocurrency gainers rally double-digits … Several cryptocurrencies saw 10% or more increases after Boxing Day, while Bitcoin and …

The quest for a Bitcoin exchange-traded fund (ETF) has been a protracted journey, marked by highs and lows.  In fact, those excited that a Bitcoin spot ETF approval could take place as soon as January may be shocked to know the initial attempt at a Bitcoin ETF dates back to July 2013 . That’s when investors Cameron […]

A widely followed crypto analyst is warning that Bitcoin (BTC) may see a 2019-style correction. In a new strategy update, crypto analyst Benjamin Cowen tells his 788,000 YouTube subscribers that a Bitcoin price pattern that preceded a correction in 2019 may be playing out once again. “If it does get that engulfing candle where it […]

A trader who accurately called the bottom of Bitcoin’s (BTC) 2018 bear market thinks that the uptrend of one Ethereum (ETH) challenger that has massively outperformed the broader crypto markets this year is far from over. Pseudonymous analyst Bluntz tells his 233,400 followers on the social media platform X that the people who are calling […]

The price of Ethereum (ETH) has experienced significant movements in these last weeks of the year 2023. Initially, Ethereum saw a rise from $1,800, forming a solid bullish channel, according to our technical analysis of the asset. However, on December 11, there was an abrupt drop with strong sales around $2,400 to $2,300, breaking down […]

In a momentous step towards seamless interconnection between different blockchains, the integration of LayerZero with the ShimmerEVM network marks a crucial milestone in the world of crypto technology. This strategic collaboration seeks to address one of the most critical challenges in the crypto universe: Interoperability. Big news for cross-chain communication & #DeFi advancements for our […]

Bitcoin on verge of making move in either direction

While crypto has always been scrutinized for potentially driving illicit transactions, the limelight has been intensified recently, especially on leading exchanges with accusations of being used by criminal and terrorist groups. Binance’s recent historic settlement with the US Department of Justice over criminal changes has come as a warning sign for all platforms. To stay […]

Bitcoin price extended its decline below the $42,650 zone. BTC is showing a few bearish signs and might extend its decline toward the $40,000 support. Bitcoin seems to be following a bearish path below the $43,500 level. The price is trading below $43,000 and the 100 hourly Simple moving average. There is a key bearish […]

Internet Computer (ICP) is a trending cryptocurrency that grew in value by 102% during the past 30 days and is making waves among Web3 circles. Alongside it, Helium (HNT) experienced a price rally, growing by 270% in the same time-frame.  Alongside them, Everlodge (ELDG) witnessed massive growth as it entered Stage 8 of its crypto […]

The stablecoin issuer Tether has minted $8 billion worth of USDT on Ethereum (ETH) and Tron (TRX) in the past three months, according to the crypto tracker Lookonchain. Lookonchain notes the Tether treasury just minted $1 billion in USDT on Ethereum on Monday. Source: Lookonchain / X Tether CEO Paolo Ardoino says the recent minting […]

The following content does not constitute the opinion of BeInCrypto and should not be construed as financial advice It has been an interesting week so far in the cryptocurrency space. With portfolios in the green, it is a good time to be in crypto. This post will explore the most notable and exciting developments in […]

Singapore, Dec. 27, 2023 (GLOBE NEWSWIRE) — In the field of cryptocurrency trading, 2023 is not only a witness but also a participant and leader …

In many parts of the world, access to electricity is a luxury that we often take for granted. Sub-Saharan Africa (SSA), for example, faces a severe electricity deficit, with over 600 million people without power. This deficit leads to economic stagnation, reduced food production, poverty, and even civil unrest. The correlation between electricity access and […]

TL;DR Shiba Inu’s layer-2 blockchain solution, Shibarium, achieves a significant milestone in terms of transaction volume. Despite this significant achievement, SHIB’s price has remained stable without major changes in the last 24 hours. SHIB has the potential to surge in the near future considering the execution of its burning program and other developments. Shibarium’s Latest […]

In a recent report released by security app De.Fi, researchers revealed that cryptocurrency users lost nearly $2 billion to scams, rug pulls, and hacks in 2023. Although this represented a significant reduction from the previous year, it underscores the ongoing vulnerability of the industry to security risks. Market Decline and Improved Awareness Contribute to Lowered […]