Binance has confirmed its complete withdrawal from the Russian market. The exchange has executed an agreement to transfer its entire business operations in Russia to the cryptocurrency exchange platform known as CommEX. This decision marks a strategic shift in Binance’s global operations and compliance strategy. Binance’s Exit: Impact on the Cryptocurrency Community The announcement of […]

The world's largest cryptocurrency exchange has reopened access to investments and trades three months after being ordered to close.

One of the top US-based crypto exchanges is expanding globally into major European financial hubs. According to a new press release, Kraken Exchange has secured an E-Money Institution (EMI) registration with the Central Bank of Ireland, as well as a Virtual Asset Service Provider (VASP) registration with the Bank of Spain.  Ireland’s EMI license will allow […]

A closely followed crypto strategist believes that one Ethereum (ETH)-based digital asset is setting up for an explosive run. Pseudonymous analyst Altcoin Sherpa tells his 196,400 followers on the social media platform X that the decentralized oracle network Chainlink (LINK) is a solid crypto project from a fundamental standpoint. According to the trader, LINK could […]

The Ethereum price action is uneventful, looking at the performance in the daily chart. Presently, prices are moving inside a tight range with caps at $1,560 on the lower end and around $1,630 on the upper end.  Specifically, prices are inside the bearish September 21 bear candlestick. In the days ahead, how prices react at these two reaction […]

The co-founder of the infamous crypto Ponzi scheme known as “AirBit Club” has been handed a 12-year prison sentence. This sentencing follows the co-founder’s earlier admission of guilt in wire fraud conspiracy charges, which took place seven months ago in a United States District Court. The case, as explained by Damian Williams, United States Attorney […]

Digital assets-focused investment firm Pantera Capital thinks one Ethereum (ETH) layer-2 scaling solution should sit “high on the list” for fundamentals-focused investors looking for projects that have made recent traction in the crypto sector. Cosmo Jiang, a portfolio manager at Pantera, notes in a new analysis that Arbitrum (ARB) has taken “meaningful market share” in […]

In a strongly-worded letter addressed to Securities and Exchange Commission (SEC) Chair Gary Gensler, a group of prominent U.S. Congressmen are calling for the immediate approval of spot Bitcoin Exchange-Traded Funds (ETFs). The bipartisan letter, signed by representatives Tom Emmer (R-Minn.), Mike Flood (R-Neb.), Ritchie Torres (D-N.Y.), and Wiley Nickel (D-N.C.), emphasizes the urgency of expanding […]

Ethereum price is eyeing a recovery wave from $1,565 against the US Dollar. ETH could rise steadily if it settles above $1,600 and $1,620. Ethereum is attempting a recovery wave above the $1,580 level. The price is trading above $1,590 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend […]

Hypothekarbank Lenzburg, a regional Swiss bank with over $7 billion in assets, joins SDX’s central securities depository.

Bitcoin, the pioneering cryptocurrency, has achieved yet another significant milestone on its journey to becoming a global digital asset. With over 900 million transactions processed, this achievement couldn’t have come at a more intriguing time, as the next halving event approaches. Bitcoin Hits Major Milestone The 900 million transaction mark is a testament to Bitcoin’s […]

[PRESS RELEASE – New York, United States, September 26th, 2023] Decrypt Media Inc. has officially announced 1000x, the first loyalty program for degens. The announcement comes on the heels of the launch of Degen Alley, an expansion of the site’s editorial coverage into new and barely explored corners of the crypto space. Degen Alley embraces […]

How great are chances to see further rise of Cardano (ADA)?

HodlX Guest Post  Submit Your Post   Ever since Web 3.0 captured the attention of the public eye during 2021’s bull run, smart contracts and their potential as a new technological resource have inspired ambitious research into transformative use cases across a multitude of industries. However, even though the phrase ‘smart contract’ has become almost as […]

MoneyGram International, Inc. has announced plans to launch a non-custodial digital wallet. Slated for release in the first quarter of 2024, this wallet aims to enhance cross-border payments. It offers consumers a bridge between fiat and digital currencies. This announcement came during MoneyGram’s Chief Executive Officer, Alex Holmes’, presentation at the Stellar Development Foundation annual […]

Hubbis and Independent Reserve bring you this week's Crypto News and Market Trends – Cryptocurrency Volatility Amid Traditional Market Turbulence.

Chainlink’s LINK price is moving higher above the $7.25 resistance. The price is now consolidating gains and might aim for more upsides above $7.50. Chainlink price is showing positive signs above $7.25 against the US dollar. The price is trading above the $7.30 level and the 100 simple moving average (4 hours). There is a […]

“That Would Be The Road To Hell For America.” I will never not enjoy that clip. “Clown world” has become so much more than just a meme. Here in the US, but relevant for Europe as well, we have had two tribes within the energy generation industry that have been at-odds for the better part […]

The Seychelles-based cryptocurrency exchange platform HTX, formerly known as Huobi, fell victim to a significant hacking incident resulting in the theft of 5,000 ETH, currently valued at approximately $8 million. While the crypto community is concerned about how a popular exchange like HTX might be the victim of such an event, Huobi advisor Justin Sun […]

MicroStrategy, the renowned business intelligence firm and Bitcoin enthusiast, has just made a substantial purchase of BTC to its already impressive Bitcoin holdings. Michael Saylor, co-founder and executive chairman of MicroStrategy, took to social media platform X (formerly Twitter) on September 25 to reveal the acquisition of 5,445 BTC. MicroStrategy has acquired an additional 5,445 […]

As lawmakers attempt to button up crypto with new rules worldwide, a 1% Tax Deducted at Source (TDS) in India has stifled certain traders en masse, illustrating how some regulatory tailoring may be needed, according to Shardeum Co-Founder and President Nischal Shetty. Effectively asking crypto traders to set aside 1% of every transaction for tax […]

The United Arab Emirates (UAE) ha clearly emerged as one of the world’s leading crypto hubs, thanks to its innovation-friendly regulations and its knack for luring fintech-savvy entrepreneurs. That’s according to a Chainalysis report released Wednesday, which cites a combination of federal and municipal reforms as reasons for the UAE’s crypto boom. The UAE Government’s […]

An ETH wallet tied to Mexican national Mario Alberto Jimenez Castro was allegedly used for illicit fentanyl sales in the United States.

In a noteworthy development, the price of Loom Network ($LOOM) has recently reached its highest level since December 2021, surpassing the $0.126 mark before a minor correction. This surge in value has caught the attention of crypto enthusiasts and investors alike, prompting a closer examination of the potential factors behind this impressive rally. Source: Santiment […]

[PRESS RELEASE – Please Read Disclaimer] 1xBit has always made giant strides towards staying ahead of the game, and its new addition of two payment methods – Arbritrum and Algorand – is enough proof of that fact. Let’s have a deeper look into the advantages of each of the payment methods to lend credence to […]

When can traders expect high volatility of XRP?

Coinbase has suspended its plans to acquire FTX Europe, a move that was aimed at enabling it to enter into the European derivatives market. This turn of events happened as a response to the regulatory challenges in the US crypto market. Coinbase targeted FTX Europe due to its profitable derivatives operations under the Cyprus regulatory […]

An anonymous reader writes: Chase UK, JPMorgan's UK Bank, has told its customers that it will not carry out transactions related to crypto assets.

Cardano (ADA) finds itself at a pivotal juncture as it tests its longstanding support at $0.24. This critical level has held firm for nearly three years, emerging as a significant accumulation point for savvy investors.  The recent daily candle hints at a somewhat neutral stance in the market. This slight uptick in price suggests a […]

Alliance Bernstein (AB), a prominent $646 billion asset manager, has predicted that the Bitcoin and crypto fund management industry is poised for remarkable growth, potentially reaching a staggering $650 billion within the next five years.  This forecast comes on the heels of recent developments that have bolstered the outlook for institutional adoption of Bitcoin by […]

After two years of experiments, JPMorgan and the Bahraini bank will offer U.S. dollar payment settlement in several countries, with plans to expand to euro service as well.

The Federal Reserve has published a paper exploring the benefits and use cases of tokenizing real-world assets (RWA) on blockchains. In a paper titled “Tokenization: Overview and Financial Stability Implications,” Fed researchers say RWAs such as stocks, bonds, real estate and commodities are already being tokenized. According to the paper, asset tokenization harnesses the power […]