Upbit, a South Korean cryptocurrency exchange, announced that its Singapore entity has received In-Principal Approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This development paves the way for Upbit to continue offering regulated digital payment token services under the Payments Services Act (PSA), 2019, while it awaits full […]
The Australian government is proposing licensing cryptocurrency trading platforms, along with tighter oversight of customers' funds.
The chief executive of ARK Invest says that the Chair of the U.S. Securities and Exchange Commission (SEC) is getting in the way of a spot market Bitcoin (BTC) exchange-traded fund (ETF). In a new interview with crypto influencer Natalie Brunell, ARK Invest CEO Cathie Wood says that factions of SEC are actually very knowledgeable […]
Finance Ministers and Central Bank Governors (FMCBGs) from G20 nations, under the Indian Presidency, have announced unanimously adopting the ‘G20 Finance Ministers and Central Bank Governors Communique’ during its meeting in Marrakesh, Morocco. This comes a month after the G20 member nations accepted the crypto regulatory roadmap outlined in a collaborative report titled “IMF-FSB Synthesis […]
After halting withdrawals in June 2023, Haru Invest is yet to come up with a timeline to repay its customers.
Ex-ARK Invest crypto chief unveils vital catalyst for Bitcoin’s price surge right now
As earlier reported, Bitcoin holders have steadily held on to their coins in the past few months. Bitcoin whales, in particular, seem to be doubling despite the current uncertainty in Bitcoin’s future projection. Long-term holders add an average of 50,000 BTC to their wallets every month, as indicated by the HODLer Net Position Change indicator […]
A Bloomberg crypto market analyst says that Bitcoin (BTC) will be one of the main beneficiaries of an inevitable return to currency debasement by the US government. Jamie Coutts says on the social media platform X that allocating 1% of a traditional 60/40 (stock and bonds) portfolio to BTC between 2015 and 2022 would have […]
The future of cryptocurrency regulations in the United States is uncertain as the drama surrounding the House Speaker position threatens to hinder …
The new system, FPA-1200NZ2C, can produce 5 nanometer semiconductors and scale down to 2 nm, surpassing the capabilities of the A17 Pro chip found in Apple’s iPhone 15 Pro and Pro Max.
The crypto industry’s fundraising efforts have taken quite a hit owing to the incessant crypto winter. Q3 was no exception. The latest data suggest that new record lows were set for both the total funding amount and the number of deals during this period, reaching levels not seen since Q4 2020. The quarterly figures fell […]
Close to 64 million XRP tokens have been shoveled to these major crypto exchanges
ApeCoin (APE) will undergo a token unlock valued at $16.69 million. This development comes amidst the token’s bearish price action, which has led to it losing half its market value in Q3 2023. 15.60 Million ApeCoin (APE) Set To Flood The Market Next Week According to data from TokenUnlocks, ApeCoin’s next token unlock is set […]
A widely followed crypto strategist believes that Bitcoin (BTC) is already trading in bull market territory despite its lackluster price action as of late. In a new video, analyst Jason Pizzino tells his 290,000 YouTube subscribers that Bitcoin likely printed a bear market bottom when it dropped all the way down to $15,000 in November […]
Bitcoin price analysis on both long and short timeframes is now focusing on the importance of the $27,000 mark.
In a recent flurry of activity within the cryptocurrency realm, high-profile investors, commonly termed as "whales," have initiated substantial …
Stablecoin issuer and fintech firm Circle announced a strategic partnership with Philippines-based digital asset provider Coins.ph to improve the existing remittance landscape of the region. The partnership seeks to promote the use of USDC-denominated remittances as a safe, affordable, and nearly instantaneous method for international money transfers among Coins.ph’s 18 million Filipino user base. Circle […]
Luxury car brand Ferrari now accepting crypto payments
Ethereum has been in a descending channel against Bitcoin since August of last year, meaning Bitcoin has been the better investment over this time. However, historical trends show the tides could be changing soon, with Ethereum possibly on the brink of entering an accumulation phase. Ethereum Price Action Ethereum is trading at $1600, marking a […]
The U.S. Securities and Exchange Commission (SEC) reportedly has zero intentions to appeal a court ruling involving crypto titan Grayscale and its flagship Bitcoin Trust product. Last year, Grayscale sued the SEC immediately after the regulator rejected the firm’s bid to convert the Grayscale Bitcoin Trust (GBTC) into a spot market Bitcoin (BTC) ETF. About […]
A hook that enables Know Your Customer (KYC) verification on Uniswap V4 pools is fueling debates about DeFi’s future.
The cryptocurrency bill signed into law by California Governor Gavin Newsom imposes harsher controls on enterprises engaging in crypto activities …
Top US crypto exchange Coinbase is attempting to force the U.S. Securities and Exchange Commission (SEC) to respond to a rulemaking petition created by the firm last year. Coinbase chief legal officer Paul Grewal tells his 50,100 followers on the social media platform X that the crypto company is asking the SEC to clarify exactly […]
New data from market intelligence platform Santiment reveals that Bitcoin (BTC) is seeing a historic spike in the number of shark and whale wallets. Santiment says that the count of Bitcoin sharks and whales, or entities holding at least 10 BTC, has been on a steady rise since early 2022 when the crypto king was […]
Cryptocurrencies have the potential to evolve as mainstream financial assets and grow in the future with advancing technology and widespread adoption. These digital assets are a gateway to decentralization in finance, with its main objective being to disseminate power from financial institutions such as banks to the people. Projects like Bitcoin Spark and Toncoin address […]
Ethereum advocate Ryan Sean Adams humorously suggests the cryptocurrency’s value dropping beneath McDonald’s as the “ultimate bottom signal”
Bitcoin is holding above $26,500 and the price stability could lead traders to take a second look at SOL, LDO, ICP and VET.
A stablecoin is a cryptocurrency that has very low volatility. Its value is correlated to various real-world assets such as fiat currency or gold.
In a wild twist of fate, the crypto world’s foundation trembled as the FTX empire crumbled last year, leaving its founder, Sam Bankman-Fried, standing trial for a fraud of epic proportions. The US government asserts that this disgraced crypto mogul orchestrated one of the grandest financial deceptions in history, while his defense paints him as […]
XRP has displaced second largest stablecoin in HKVAC Cryptocurrency Global Large Top 5 Index
Cardano is down 45.6% from its yearly high of $0.4518 and is showing no signs of slowing down at the moment. Data has shown that at its current price, the majority of Cardano holders are losing money, further showing the state of the cryptocurrency’s price. Cardano (ADA) addresses in loss is now over 94%, leaving […]
Caroline Ellison testifies in Sam Bankman-Fried trial, reveals more on FTX-Binance war; SEC reportedly has no plans to appeal on Grayscale Bitcoin ETF case.