Yoo Bok-hyun, the head of South Korea’s Financial Supervisory Services (FSS) is set to visit the U.S. Securities and Exchange Commission (SEC) to engage in discussions about cryptocurrency with SEC Chair Gary Gensler. The primary agenda of this visit revolves around sharing critical insights into the current dynamics of the virtual asset market and deliberating […]
A finance expert and Bitcoin maximalist has taken a major dig at XRP as he labeled the crypto token a “scam.” The expert outlined several reasons why he holds this opinion, although he seemed misguided in some. Why XRP Is A “Scam” In a post shared on his X (formerly Twitter) platform, finance expert Rajat […]
MicroStrategy CEO Michael Saylor predicts a major bull run for Bitcoin in 2024
Cryptocurrency tokens are produced through mining, an intensive and computational process where miners compete to verify blockchain transactions.
Strainly, a cannabis seed and services company, in partnership with BTCPay has published a case study on the use of BTCPay to facilitate payment processing for underserved and blacklisted industries. One of the most important use cases of Bitcoin is, as many users of a certain privacy wallet would say, “To make the transactions they […]
Experts are highlighting Near Protocol as a sleeping giant that could soon wake up and reward investors. But one more project could be even more promising — Meme Moguls. This up-and-coming P2E game is especially interesting because tokens are offered at just $0.0021 during the presale phase. Let’s take a closer look at the potential […]
Genesis, a bankrupt crypto lender, has successfully won a legal bid to prevent its parent company, Digital Currency Group (DCG), from selling or diminishing its ownership stake in the firm until the completion of Chapter 11 bankruptcy proceedings. This move by Genesis is aimed at securing vital tax benefits, which hinge on its continued status […]
Trezor, a prominent hardware wallet maker for web3, has announced a significant expansion in the tokens it supports. The company announced the integration of SOL, the native token of the Solana blockchain, and Solana Program Library (SPL) tokens into its Model T and Safe 3 hardware wallets. "When Solana?" Today is the day, Trezor supports […]
The International Organization of Securities Commissions (IOSCO) has now released its final report along with nine policy recommendations dedicated to managing DeFi risks. The primary goal of these policy recommendations is to increase market integrity and investor protection in the rapidly evolving DeFi space. IOSCO Emphasizes Consistency With Regulations In a recent report, the IOSCO […]
The Binance Coin (BNB) price is crucial as market analysts offer differing viewpoints on the cryptocurrency’s potential direction. While one analyst presents a bullish case, anticipating a breakout and surge beyond $300, another raises concerns about a dip below $200. BNB Price Analysis Crypto analyst Ali Martinez suggests that BNB price could be on the […]
The market response remains lukewarm as SHIB sees a price decline
Shiba Inu, a meme-inspired cryptocurrency, experienced a significant increase in whale activity, with 4.8 trillion SHIB flowing into large holders' …
According to Charles Gasparino of Fox Business, financial firms feel confident that the Securities and Exchange Commission (SEC) is going to rule in favor of approving spot Bitcoin Exchange-Traded Funds (ETFs) after January 8, 2024. Gasparino’s post also stated that shares the of Bitcoin ETFs will only be available to purchase with cash, rather than […]
The decentralized nonfungible tokens (NFTs) borrowing and lending protocol – BendDAO – is all set to embrace the Bitcoin ecosystem. In a Discord post, BendDAO said that it will provide Bitcoin NFT lending business and will support the wBTC liquidity pool as a loanable asset. The platform is also actively exploring ways to facilitate smooth […]
FTX has entered into a settlement with the liquidators of its unit in the Bahamas. This agreement involves the consolidation of assets and adopting a unified approach to valuing customers’ claims. According to a statement shared with PR Newswire, this agreement lets FTX’s customers choose how they get their money back, either through the bankruptcy […]
In the cryptocurrency space, Bitcoin is a strong trailblazer because of its decentralized structure, limited supply, and wide use. Bitcoin continues to show its endurance in the face of sporadic market changes, reaffirming its status as a top crypto to invest in. As we gear up for 2024, the spotlight is on cryptocurrencies with solid […]
A crypto analyst who accurately called the bottom of the 2018 Bitcoin (BTC) bear market is flipping bullish on an altcoin running on the Ethereum (ETH) network. Pseudonymous analyst Bluntz tells his 232,400 followers on the social media platform X that Chainlink (LINK) is flashing multiple bullish reversal signals on the eight-hour chart. The analyst […]
Grayscale CEO Michael Sonnenshein believes that a deluge of capital will flow into Bitcoin (BTC) once the U.S. Securities and Exchange Commission (SEC) greenlights a spot market BTC exchange-traded fund (ETF). In a new CNBC Television interview, Sonnenshein says the approval of spot Bitcoin ETF applications will open up the opportunity for a group of investors […]
Taking to X on December 18, Charles Hoskinson, the founder of Cardano, celebrated the network’s recent growth, noting that it’s mirroring the organic development of Bitcoin (BTC). While some have expressed concerns about network congestion, Hoskinson affirmed that Cardano is designed to handle such loads and has ample room for future scalability. Demand Increasing, Cardano Moving Away […]
Ethereum did not get much love in the recent crypto market rally, which was primarily centered around Bitcoin. Moreover, the asset has started to retreat as markets cool, but there could be big bullish moves for ETH in 2024, according to analysts. Ethereum has already pulled back around 8% from its 2023 high, and it […]
Hashdex steps forward in its bid for Bitcoin ETF with pivotal meeting with SEC
Cryptocurrency is a type of digital or virtual currency that utilizes cryptography for secure financial transactions, control the creation of new …
Only a couple of days after reports emerged about Revolut limiting its crypto services in the UK, the fintech firm has launched crypto trading services in New Zealand. These services will be available to customers in the country starting today (Wednesday). Additional Services for the Crypt Customers According to the official press release, the London-headquartered […]
A crypto bill sponsored by US Senator Elizabeth Warren is primed to die on the vine, according to the founder of a blockchain trade association. In a new interview with Peter McCormack, Perianne Boring, the founder and CEO of the Chamber of Digital Commerce, outlines her predictions for Warren’s (D-Massachusetts) Digital Asset Anti-Money Laundering Act. […]
A widely followed crypto analyst says that Bitcoin (BTC) is flashing one historically rare and accurate bullish signal. Pseudonymous crypto strategist TechDev tells his 424,500 followers on the social media platform X that the Vortex Indicator (VI) is once again signaling the start of a Bitcoin bull market. The VI is used in technical analysis […]
Recently, a trader grabbed headlines by pocketing a cool $200,000 profit by shorting Bitcoin (BTC) and Ethereum (ETH), just as these giants faced a significant price correction. Meanwhile, in another corner of the crypto sphere, Borroe Finance’s ($ROE) presale is making waves, nearing a remarkable $2 million mark, reinforcing its status as an exciting project […]
TLDR Ethereum sheds 3% in a week, but a resurgence is coming before the year ends. Immutable surges 41% in a week, and experts predict more gains in December. Rebel Satoshi becomes 2023’s crypto gem after surging 80% during its presale. The December bull run attracted more investors to the crypto market. However, top altcoins […]
Recently, a notable observation has been the significant correlation between XRP and XLM’s price action. This phenomenon has caught the attention of industry experts and investors alike, leading to a deeper examination of the factors driving this trend. Ripple’s Chief Technology Officer (CTO), David Schwartz, has weighed in on this topic, addressing the liquidity aspects […]
When can traders expect end of market correction?
The emergence and integration of cryptocurrency represent a pivotal chapter in this ongoing evolution. Initially viewed with skepticism, digital …
The founder of Terraform Labs, the crypto firm behind the Terra (LUNA) collapse has won an appeal in Montenegro over being extradited to the United States. According to a statement from the Montenegro Appeals Court, the decision to extradite Terra founder Do Kwon to the US or South Korea has been overturned. Kwon was initially arrested […]
The Bitcoin ETF applications from entities such as BlackRock, Cathie Wood’s ARK Invest, and WisdomTree have once again encountered a new regulatory obstacle, leading to continuous amendments. These changes were made in response to guidelines established by the SEC, which demands a cash creation and redemption model for these financial products. Both BlackRock and ARK […]