One of the newest cryptocurrencies set to be listed on both DEX and CEX platforms in September is Wall Street Memes (WSM)

Our weekly roundup of news from East Asia curates the industry’s most important developments. JPEX scandal grows to over $166M Last week’s Token2049 conference in Singapore was a life-changing experience for some; for others the event did not meet expectations, but for a select group of individuals, the imminent prospect of being pursued by law […]

Possible capital flight from China is an important trend to watch, according to controversial BitMEX founder and crypto veteran Arthur Hayes. Google Finance data indicates the Chinese yuan (CNY) has fallen by more than 5% against the US dollar since the beginning of 2023. Hayes tells his 394,100 followers on the social media platform X […]

Prominent cryptocurrency-related companies like Coinbase, Marathon Digital and Paypal Holdings are grappling with marked downturn in stock prices

Binance has raised concerns about how the Market in Crypto Asset (MiCA) regulation will apply to decentralized and foreign issuers. One of the exchange’s concerns is its provisions regarding stablecoins. These digital assets, whose values are tethered to traditional assets like fiat currency or precious metals, face a critical moment as MiCA’s provisions on stablecoins […]

In a recent video interview on the Paul Barron Network, Mark Yusko, CEO and Chief Investment Officer of Morgan Creek Capital Management, made a compelling prediction about Bitcoin’s future. Yusko, with decades of experience in the financial industry, suggested that the approval of a Bitcoin spot exchange-traded fund (ETF) by the SEC could pave the way for […]

The Bitcoin mining industry has risen steadily in the past few years thanks to the widespread adoption and increasing interest in the Bitcoin blockchain. This growth has led to a vast increase in Bitcoin’s hash rate, causing concerns regarding the carbon footprint left behind by mining activities. A recent Bloomberg study has shown, however, that […]

As the United States House Financial Services Committee looks to further impede the introduction of a digital dollar, where does this resistance to a CBDC stem from?

In a significant move for the cryptocurrency industry, Galaxy Digital, led by CEO Mike Novogratz, has joined forces with Ripple to expand its operations in Europe. This partnership marks a new chapter in the relationship between the two firms, which have previously had a complex history. Galaxy Digital, a leading cryptocurrency investment firm, has been […]

New York state’s financial regulator just rescinded its approval on most of the digital assets it had previously made easy for crypto firms to do business with. The New York State Department of Financial Service (DFS) previously had 24 assets on their “Greenlist” of coins. The agency says virtual currency (VC) entities can list or […]

Blockchain analytics platform Santiment says that the odds are Bitcoin (BTC) will soon move to the upside due to one factor. The analytics platform says that Bitcoin is seeing a lot of short interest on two major crypto exchanges, which could set the stage for a short squeeze and send BTC beyond $30,000. “Bitcoin traders […]

Shiba Inu’s layer-2 scaling solution continues to smash records in terms of transaction volume and network growth. In the following lines, we will take a closer look at the most recent achievement that Shibarium completed. Shibarium Transactions Growing at a Fast Pace As revealed by Shibariumscan, the total number of transactions on the L2 blockchain solution […]

The new MiCA regulation protects the customer by seeking to close down nearly all the scams carried out using crypto assets.

Adamant critic of cryptocurrencies indicates six key failures of digital assets

The troubles of the crypto exchange JPEX can be sensed from its latest move to deregister its local entity in Australia. According to a Cointelegraph report, Jieyi Chen, a Director of JP-EX Crypto Asset Platform PTY LTD (JPEX), has already filed a deregistration application with the Australian financial regulator. Although there is no official confirmation, […]

UTXOracle is a simple Python script [Attention: direct download link] that takes advantage of a surprising fact about the Bitcoin blockchain – by parsing on-chain data it’s possible to derive an approximate U.S. dollar price. A graph of UTXO creation over time. Source: utxo.live All of this is based on the chart above. The lines […]

In a recent disclosure, a former employee of Alameda Research, a trading firm led by Sam Bankman-Fried, has unveiled crucial information regarding the dramatic 87% plummet in Bitcoin (BTC) value during 2021.  The incident, which occurred on October 21, 2021, witnessed BTC’s price on Binance.US nosedive from approximately $65,760 to $8,200 within a short period. […]

What even is generative art? William Mapan, whose 250-piece Distance collection just sold out at 2ETH each, explains using a crayon and die.

The Klaytn (KLAY) price has fallen under a descending resistance line since its yearly high on February 22. There are no bullish reversal signs in the weekly or daily timeframe, suggesting that the downward movement is likely to continue. Klaytn Price Falls to Three-Year Low The KLAY price had traded above the $0.145 horizontal support […]

Official Pokemon cards in the form of non-fungible tokens (NFTs) are being minted over Polygon (MATIC), taking the layer-2 scaling solution by storm. In a lengthy thread on the social media platform X, digital asset consultant S4mmy.eth says that digital card boosters of the popular Nintendo franchise are being opened over the MATIC blockchain and […]

Top US crypto exchange Coinbase is launching a 14-month lobbying effort to convince D.C. lawmakers to pass clearer regulations for digital assets. According to a new blog post, Coinbase’s “Stand With Crypto” initiative includes several strategies, such as calling on the tens of millions of Americans who own digital assets to contact their representatives and […]

In a significant development, the House Financial Services Committee has approved a bill to prevent the Federal Reserve from unilaterally creating a US Central Bank Digital Currency (CBDC). The Restriction Rationale Notably, this move has stirred debates and raised various concerns regarding the future of digital currencies in the United States. However, it is important […]

In a pivotal move, the Federal Reserve, during its recent FOMC meeting, chose to maintain interest rates at their current levels. However, the central bank left the door ajar for potential future rate hikes, sparking significant market speculation. This decision comes at a time when the global financial landscape is witnessing increased turbulence, as exemplified […]

[PRESS RELEASE – Jakarta, Indonesia, September 21st, 2023] Pintu, the pioneering mobile-first crypto wallet and trading platform, is celebrating after hitting a milestone of six million downloads. The popular crypto trading app is transforming how Indonesians engage with Bitcoin and other digital assets with its innovative features. Designed with the goal of being the simplest […]

You are scrolling through social media, Facebook, Instagram, TikTok, when you see a video showing a pile of cash. Hawaii News, Hawaii Weather, …

A Binance executive said the cryptocurrency exchange plans to delist stablecoin in the European market by June 2024 in order to comply with standards laid out by MiCA.

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The cryptocurrency industry was buzzing with expectation and excitement as Ethereum, the second-largest blockchain by market capitalization, prepared for the Ethereum Merge. In this detailed article, we will look at the Ethereum Merge concept, its relevance in the crypto industry, the mechanics of this transfer, and the impact it had on cryptocurrency investors. Introduction Since […]

Retirement savings have always been a priority for hardworking individuals, especially those who belong to unions or serve as firefighters. These individuals dedicate their lives to protect and serve their communities, often putting their own safety on the line. Ensuring that they have a secure financial future is just one way to show appreciation for […]

Bitcoin price is struggling to clear the $27,500 resistance. BTC is slowly moving lower and might revisit the $26,200 support zone in the coming sessions. Bitcoin is still struggling to clear the $27,500 resistance. The price is trading above $26,800 and the 100 hourly Simple moving average. There is a key bullish trend line forming […]

Former United States Secretary of the Treasury Larry Summers is expressing apprehension about the inflation outlook in the world’s largest economy. In an appearance at the All-In Summit 2023, Summers says that the Federal Reserve might be wrong in its views regarding the effectiveness of the measures it has taken to address inflation. “I think […]

The crypto industry has been under heavy fire from US regulators for most of this year. However, it might be due a welcome period of respite if the federal government goes into a temporary shutdown. Securities and Exchange Commission chair Gary Gensler has expressed concern about his agency’s ability to police crypto should the US […]