Blockstream CEO wagers $1 million on a future Bitcoin prediction
In a recent conversation on social media platform X, Adam Back, the CEO of Blockstream and an early pioneer of the cryptocurrency world, expressed his confidence in Bitcoin’s future by accepting a bet that it will surpass an all-time high of $100,000 before its upcoming halving in 2024. While Back’s prediction might seem bold, it’s […]
Dash Price Prediction 2023-2032: Is DASH Recovering soon?
Dash Price Prediction 2023-2032 Since it entered the cryptocurrency space, Dash has held the attention of investors and crypto enthusiasts being a Bitcoin fork. For some years, it has been around, and Dash Crypto has maintained an impressive performance all this while. However, the price action in recent times has been unremarkable. If you are […]
XRP registers disappointing decline post-court ruling
In the wake of a favorable court ruling for XRP, the digital currency community has been closely watching its price movement, with some anticipating significant gains. Despite a brief rally, the token’s price has not reached the anticipated levels, leaving investors and enthusiasts pondering the factors influencing its trajectory. After Judge Analisa Torres’ ruling that […]
Gold and not Bitcoin becomes a safe haven amid Fitch’s US credit downgrade
Since the onset of Bitcoin and the years that followed, digital coins have prided themselves as a hedge to volatility, but gold has stood the economical test. Gold (XAU) rose on Wednesday as reports indicated that a perfect storm was brewing, causing the U.S. Dollar, Treasury yields, and Asian equities to fall. What does Fitch […]
Ukraine requests financial information from cryptocurrency firms
The cryptocurrency industry in Ukraine is facing increased scrutiny as the National Bank of Ukraine (NBU) recently demanded four local crypto firms provide financial statements for the first two quarters of 2023. The affected companies include Kuna, CoinPay, GEO Pay, and Qmall. The NBU has given these firms a deadline of seven days to submit […]
Hong Kong crypto companies face banking challenges
Hong Kong’s ambition to establish itself as a thriving crypto hub is facing hurdles as licensed crypto companies encounter difficulties in obtaining corporate bank accounts. Despite the local government’s push for the territory to embrace the cryptocurrency industry, limited staffing at the Securities and Futures Commission and hesitancy from banks have led to these obstacles. […]
Smart contracts show resilience amidst market uncertainty
The second quarter of 2023 has been regarded by some as a challenging period, with the crypto space experiencing lower investments from venture capital firms. However, despite the setbacks, the smart contracts industry has demonstrated remarkable resilience, driven by growing demand for blockchain-based solutions. A notable player in the blockchain platform sector, BNB Chain, recently […]
CVC Price Prediction 2023-2032: How high can Civic coin go?
CVC Price Prediction 2023-2032 Civic is a blockchain platform that helps individuals and business entities manage personal data properly. The Platform utilizes the powerful features of blockchain technology to control and manage personal information within its network to provide efficiency in identity verification processes. The CVC token is a unique token that enables activities within […]
Abu Dhabi regulator grants Rain exchange approval for crypto services
The Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority has recently granted financial services permission to cryptocurrency firm Rain, enabling it to offer brokerage and custody services to residents in the United Arab Emirates (UAE). The regulatory approval marks a significant milestone for Rain, as it allows both institutional and retail users to engage […]
Dogecoin surges as Elon Musk’s Twitter activity sparks interest
The digital asset market may have been relatively quiet, but one cryptocurrency that stands out with a remarkable surge is Dogecoin. The surge can be attributed to Twitter CEO Elon Musk. Presently, DOGE has surged 1.65% in the past 24 hours, trading at $0.07. Over the past week, it has seen a 19% increase, making […]
Bitcoin investment falters amid altcoins surge
In the world of cryptocurrencies, Bitcoin-related investment products have recently witnessed a decline in popularity among crypto investors. CoinShares Head of Research, James Butterfill, reported that for the week ending July 21, Bitcoin investment products experienced outflows of $13 million, marking the first week of negative activity since BlackRock filed for a spot Bitcoin ETF […]
Santiment predicts fresh Ethereum rally in August
In the ever-evolving world of cryptocurrencies, Ethereum (ETH) continues to hold its position as the second-largest digital asset by market capitalization. Although currently trading below $1,900 per unit, industry experts from Santiment foresee a bullish upturn on the horizon, with ETH potentially clawing its way back to the coveted $2,000 territory in the coming month. […]
Crypto experts say the new bill will not affect the DeFi sector
U.S. lawmakers recently introduced a highly anticipated digital assets bill, aiming to address the crypto industry’s grievances about an allegedly hostile regulatory environment. However, some experts argue that the bill’s ambiguous language, particularly a provision that could impact the DeFi (Decentralized Finance) market, may not effectively curb the SEC’s regulatory approach to cryptocurrencies. Crypto experts […]
Weekly Crypto Price Analysis: BTC, ETH, XRP, BNB, ADA, and SOL
The Weekly crypto analysis for July 21, 2023, reveals that most cryptocurrencies have been trading in mixed signals, with bullish and bearish trends visible in the market. The BTC price analysis shows that the price has fluctuated between $30,000 and $29,7500 throughout most of the week, with minor corrections. The failure of Bitcoin to recover […]
Reddit’s Moons token skyrockets after Crypto.com listing
The native token of cryptocurrency enthusiasts on Reddit, known as Moons, has witnessed a dramatic surge in price following its listing on Crypto.com. The token’s value has soared for two consecutive days, with an impressive 141% increase in a single day, reaching a trading price of $0.41. Moons had already experienced significant gains earlier when […]
Serum Price Prediction 2023-2032: Is SRM a Good Investment?
Serum Price Prediction 2023-2032 Undoubtedly, the crypto world is growing unpredictably, with several projects springing up now and then. Interests in new projects have continued to skyrocket as they offer investors more returns on investment. Serum is one such project that offers earning potential and significant use cases for now and the future. Unfortunately, Serum […]
KuCoin Review: Turnoffs and Trade-offs for 2023
KuCoin’s interface can turn off new users, but once you get familiar with the platform, you will love the low 0.1% trading fees and the abundance of trading tools available. We’ve also suggested that KuCoin inform its customers that a wallet upgrade about a coin is planned. Well, if you haven’t joined KuCoin, you would […]
Binance terminates partnership with the Argentine national team
In a surprising move, Binance, one of the world’s largest cryptocurrency exchanges, has terminated its five-year partnership with the Argentine soccer association (AFA) after just one year. The decision comes as a result of a breach of contract by the AFA, according to a statement posted on the firm’s Spanish-language Twitter account on Monday. Binance […]
Ethscriptions protocol suffers smart contract exploit
The Ethsubscriptions protocol, a groundbreaking initiative allowing users to create and share digital objects on the Ethereum blockchain, has encountered a significant setback due to a recent hack on its main marketplace. Launched just last month by Tom Lehman, co-founder and former CEO of Genius.com, Ethscriptions is a novel concept that leverages transaction “calldata” to […]
Weekly Crypto Price Analysis: BTC, ETH, XRP, BNB, DOGE, and SOL
Weekly crypto price analysis shows that most of the coins have been trading close to their upper resistance levels, which indicates the possibility of a bullish breakout. Bitcoin has been between $30k-31k for the past few days and is trading near its range’s higher end. ETH, XRP, BNB, DOGE, and SOL have all seen significant […]
ICON Price Prediction 2023-2032: Is ICX a Good Investment?
ICON Price Prediction 2023-2032 Despite the continuous developments in blockchain technology, it is still plagued by privacy, scalability, and interoperability challenges. Several mechanisms have been built to address these apparent challenges, and Side Chains are one such method. ICON Bridge is one of the first interoperable solutions offered, and BTP is actively being developed. How […]
XRP becomes the fourth largest token following a court ruling
Ripple’s XRP, the digital asset associated with Ripple Labs, has witnessed a remarkable surge in market capitalization following the company’s partial victory in its legal battle against the U.S. Securities and Exchange Commission (SEC) on July 13. Within hours of the court ruling, XRP’s market cap experienced a staggering increase of $21.2 billion, reaching a […]
Crypto exchanges set to relist XRP after US Court ruling
Crypto exchanges are eagerly positioning themselves to list Ripple’s token, XRP, following a significant ruling by a U.S. federal court. The court’s decision clarified that the sale of XRP on exchanges and through algorithms does not fall under the category of investment contracts, leading to renewed interest from major exchanges. This development has prompted prominent […]
dYdX moves close to decentralization with its V4 testnet launch
Decentralized crypto exchange dYdX has announced the launch of the public testnet for its V4 iteration, marking the completion of a significant milestone in its development roadmap. The release of V4 on the mainnet is expected to bring about “full decentralization” of the exchange. dYdX announces public testnet for its V4 iteration The platform operates […]
Binance.US market share slides amid ongoing regulatory lawsuit
United States-based cryptocurrency exchange Binance.US has experienced a significant decline in its market share, reportedly dropping more than 20% due to an ongoing lawsuit filed by federal financial regulators. Data from Kaiko, cited in a July 5 report by Reuters, reveals that Binance.US’s market share in the U.S. decreased from over 22% in April to […]
UK parliament advances bill to seize illicit cryptocurrencies
Lawmakers in the upper house of the UK Parliament are making progress with a bill aimed at expanding authorities’ powers to combat the use of cryptocurrencies for illicit purposes. The Economic Crime and Corporate Transparency Bill, introduced in September 2022, underwent its third reading in the House of Lords on July 4. During this reading, […]
Binance CSO unravels the process of crypto theft on the darknet
In the murky depths of the dark web, a thriving ecosystem of hackers has set their sights on cryptocurrency users with lax security practices. Jimmy Su, the Binance CSO, a leading cryptocurrency exchange, revealed that hackers have shifted their attention to crypto end-users in recent years. While exchanges have bolstered their security measures, hackers adapt […]
Coinshares report shows that traders still prefer Bitcoin
Institutional investors have demonstrated a strong focus on Bitcoin (BTC) in recent weeks, as the cryptocurrency continues to surge and reach new price highs for the year 2023. According to a report by CoinShares’ Head of Research, James Butterfill, Bitcoin-related products attracted $310.6 million in inflows over the past two weeks, representing the majority of […]
Venture Capital investments in crypto experience a massive decline
Over the past year, venture capital investments in cryptocurrency companies have seen a substantial decline of over 70%, according to data published by RootData, a prominent crypto data provider. This downward trend is evident when comparing the funding figures for June 2022 and this year. In June 2022, the digital asset space received $1.81 billion […]
1inch Price Prediction 2023-2032: Best Swapping Rates Across DEXs
1inch Price Prediction 2023-2032 Aiming to provide the best rates by discovering the most efficient swapping routes across all leading DEXes, 1inch collates and aggregates token prices across a range of decentralized exchanges to seek the best deals for clients. This 1inch Price Prediction will help you know more about the native token and the […]
Weekly Crypto Price Analysis: BTC, ETH, XRP, BNB, ADA, DOGE
Weekly crypto price analysis also shows that the cryptocurrencies have gained significant value over the past week. After a continuation of last week’s dip, the bulls have taken back control of the market and most coins are trading in green. Most of the cryptocurrencies are recovering from their losses and are trading in a range-bound manner […]
Litecoin price surges as it regains popularity
In recent days, the cryptocurrency market has witnessed a resurgence of interest in Bitcoin Cash and Litecoin. These digital assets have experienced a surge in value, particularly Litecoin, which has reclaimed its position among the top 10 cryptocurrencies by market capitalization. The renewed investor attention can be attributed to their listing on the EDX Markets, […]
Crypto executives say Bitcoin solves real problems in Africa
In recent years, the growth of cryptocurrency and blockchain technology has captured the attention of investors worldwide. While many in the West see it as a speculative trend, crypto executives in Africa emphasize that blockchain technology is actively tackling pressing issues faced by the continent. From hyperinflation to corruption, these innovative solutions are providing Africans […]
CFTC obtains default judgement against crypto fraud scheme operator
The Commodity Futures Trading Commission (CFTC) recently announced a significant victory in its ongoing efforts to combat fraudulent activities in the digital asset trading space. Judge Naomi Reice Buchwald of the U.S. District Court for the Southern District of New York issued a default judgment that permanently prohibits Michael Ackerman, a resident of Alliance, Ohio, […]
Australia adopts a tech-agnostic approach to define digital assets
In a move aimed at establishing a comprehensive framework for digital assets, the Australian Treasury has announced that it will adopt a “tech agnostic” and “principles-based” approach to define and classify crypto assets. The initiative, known as token mapping, seeks to provide clarity and structure in understanding the function and purpose of various tokens within […]
FATF calls for stronger regulation to combat money laundering
The Financial Action Task Force (FATF), the global money-laundering watchdog, has emphasized the need to address regulatory gaps in the compliance system for virtual assets. During its third plenary held in Paris, attended by over 200 delegates, the FATF assessed the level of adoption of its recommendations concerning virtual assets and virtual asset service providers […]
Caceis wins digital asset provider license in France
Caceis, an asset servicing business jointly owned by Crédit Agricole, the second-largest bank in France, and Santander, the largest bank in Spain, has successfully registered with the French financial markets authority, Autorité des Marchés Financiers (AMF), as a digital asset service provider (DASP). This move allows Caceis to offer custody services for digital assets, including […]
Venezuela promotes a new payment system to enhance de-dollarization
The government of Venezuela has recently announced its integration of Mir, a Russian payments system, into its point-of-sale network as part of a national de-dollarization initiative initiated by President Nicolas Maduro. This move aims to reduce reliance on the U.S. dollar and circumvent the economic sanctions imposed on the country. Calixto Ortega, the president of […]
ECB executive predicts a dark future for cryptocurrencies
In a recent address at the Bank for International Settlements Annual Conference, Fabio Panetta, an executive board member of the European Central Bank (ECB), painted a somber picture of the future of cryptocurrencies. Panetta suggested that digital assets might find themselves relegated to mere instruments of gambling among investors, lacking the attributes necessary to be […]
Binance Brazil faces probe as parliament asks its director to testify
Congressman Alfredo Gaspar, a member of the Parliamentary Commission of Inquiry (CPI) on Financial Pyramids, has formally requested the summoning of Guilherme Haddad, the Director of Binance Brazil, to appear before the Brazilian parliament. The inquiry aims to investigate alleged pyramid schemes operating in the country. Gaspar’s request, published on Wednesday, June 21, awaits the […]
