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Canada seeks to reform crypto investment fund policies

Canada

In a significant move to regulate the burgeoning cryptocurrency market, the Canadian Securities Administrators (CSA) announced on January 18 a series of proposed amendments aimed at public investment funds dealing with crypto assets. These amendments, which seek to enhance investor protection and clarify the rapidly evolving digital asset space, are poised to reshape how mutual […]

Ukraine arrests cryptojacker in major Europol joint operation

Ukraine

In a significant breakthrough in the fight against cryptocurrency-related cybercrime, Ukrainian authorities, with support from Europol, have arrested a 29-year-old individual accused of a large-scale cryptojacking operation. The operation on January 9 in Mykolaiv, Ukraine, resulted from collaborative efforts between Europol and an undisclosed cloud service provider. Ukraine busts major cryptojacking operation The suspect, whose […]

Singapore’s new bill set to tighten crypto financial regulations

Bitstamp

The Monetary Authority of Singapore (MAS) can receive expanded powers if parliament passes the Financial Institutions (Miscellaneous Amendments) Bill 2024. This legislative change is set to considerably impact cryptocurrency firms, particularly those holding Capital Markets Services Licences (CMSL). Enhanced powers for Singapore MAS over unregulated business activities The bill specifically targets CMSL holders who engage […]

ISO 20022 Crypto: List of Compliant Coins in 2024

ISO 20022

The ISO 20022 crypto-list is a collection of compliant digital coins and tokens that satisfy the standards of the International Organization for Standardization (ISO) standards 20022. Many cryptocurrencies will be integrated into this new financial system, called ISO 20022-compliant cryptocurrencies. There is much speculation these cryptocurrencies will soar in price once the standard is implemented. Digital Token Identifiers […]

A pivotal moment for cryptocurrency regulation

cryptocurrency

In a contentious debate, Dennis Kelleher, the CEO of the nonprofit organization Better Markets, has voiced strong opposition to the approval of a spot Bitcoin exchange-traded fund (ETF) by the United States Securities and Exchange Commission (SEC). In contrast, some prominent figures within the cryptocurrency industry, including Bloomberg ETF analyst James Seyffart, have argued in […]

WEEKLY CRYPTO PRICE ANALYSIS: BTC, ETH, BNB, XRP, SOL, ADA And DOGE

Weekly Crypto Price Analysis

Weekly crypto price analysis reveals that most cryptocurrencies have been trading around the support levels, with bearish momentum dominating the market. Bitcoin and most major altcoins are plummeting, but the charts suggest a recovery could be around the corner. The BTC has dropped below $45k after a considerable sell-off. Ethereum (ETH) has been hit hard […]

Siacoin Price Prediction 2024-2033: Will SC break the $1 resistance?

siacoin

Siacoin Price Prediction 2024-2033 The selling point of the Siacoin platform is that network users rent space on a peer-to-peer (P2P) basis, lowering their pay rates. Users retain private keys to access and control their data files. Payments on the Sia platform are made with the SC token. This Siacoin Price Prediction will help guide […]

ZRX Price Prediction 2024-2033: Is 0x a Good Investment?

zrx price predictionr

ZRX Price Prediction 2024-2033 ZRX is an Ethereum coin used to power the 0x protocol and is one of the more decent digital assets. The 0x protocol itself allows Ethereum tokens to be traded at a low cost directly from an Ethereum wallet. These two features – Ethereum-based tokens and Ethereum smart contracts- have given the cryptocurrency […]

Arthur Hayes shares his opinion about the future of Tether

Arthur Hayes

Arthur Hayes, the Chief Investment Officer (CIO) of Maelstrom and former CEO of Bitmex, recently shared insights into the future of stablecoin companies, with a particular focus on the prominent entity Tether. Hayes predicts that Tether and similar stablecoins may face challenges in the future, as major banks, including industry giants like JPMorgan, are expected […]

PancakeSwap community votes to remove 300 million tokens from supply

PancakeSwap

PancakeSwap, a multi-chain decentralized exchange, recently concluded a vote proposing a reduction in the maximum supply of its native token, CAKE, from 750 million to 450 million. The voting results revealed an overwhelming 97.88% majority in favor of the reduction. The initiative, driven by PancakeSwap’s vision of achieving “ultrasound CAKE” and signaling a departure from […]

Solana surpasses Ethereum in search interest in December 2023

Solana

In the realm of cryptocurrency, a noteworthy shift occurred as Google searches for “Solana” surpassed those for “Ethereum” between December 17 and 23, 2023. This transient surge in interest marked a departure from Ethereum’s consistent lead throughout the year, with Solana achieving a search interest score of 56 compared to Ethereum’s 50 during this particular […]

China set to crackdown on Tether in foreign exchange trading

China

China is intensifying its scrutiny of cryptocurrency usage, focusing particularly on Tether (USDT) in foreign exchange trading. The Supreme People’s Procuratorate (SPP), the country’s highest legal prosecution agency, issued a joint statement with the State Administration of Foreign Exchange (SAFE) on December 27, aiming to reinforce measures against the use of Tether stablecoin in cross-border […]

OKX announce plans to delist privacy coins by 2024

OKX

Cryptocurrency exchange OKX has recently announced its decision to delist several privacy-focused tokens, including Monero, in early 2024. The official statement released on December 29 outlined OKX’s plan to remove 11 trading pairs involving major privacy tokens, such as Monero and Zcash, as well as partially private coins like Dash and Horizen (ZEN), effective January […]

Analyst anticipates highs and lows in cryptocurrency

cryptocurrency

Bitcoin (BTC), the leading cryptocurrency by market capitalization, is poised for what some experts believe could be a new all-time high. However, one prominent crypto trader, known as Credible Crypto, is cautioning investors about the possibility of an aggressive correction following a parabolic rally. The path to a new all-time high Bitcoin is currently trading […]

Cryptocurrency miner kidnapped in Izhevsk, Russia

Cryptocurrency

In a recent incident that underscores the growing risks associated with the cryptocurrency industry, a 23-year-old cryptocurrency miner in the city of Izhevsk, Russia, was kidnapped by a criminal gang. The incident occurred on December 25 and culminated in the kidnappers demanding a substantial ransom from the victim’s family.  However, swift action by the authorities […]

Cryptocurrency expert predicts possible downturn despite bullish momentum

Cryptocurrency

Cryptocurrency markets have witnessed substantial gains in the past year, with Bitcoin and Ethereum leading the charge. However, amid this bullish momentum, a prominent trader known as “Il Capo of Crypto” has issued a cautious warning, suggesting that the current crypto bull market may be on the brink of a significant correction. End of the […]

Xai gaming network set to unveil its native token

Xai

Arbitrum’s gaming network, Xai, has created significant buzz since its announcement in June 2023, and it’s gearing up for a notable event – the season one token airdrop scheduled for December 27, 2023. This strategic timing, just before the turn of the new year, adds to the anticipation surrounding Xai’s entry into the crypto gaming […]

Shping Coin Price Prediction 2023-2032: Is SHPING a Good Investment?

shping coin price prediction

Shping Coin Price Prediction 2023-2032 Shping Coin (SHPING) drives SHPING, an innovative shopping and rewards platform that leverages cryptocurrency to connect brands with consumers, rewarding users for engagement and informed purchasing decisions. The SHPING Coin is a digital cryptocurrency that rewards consumers for their engagement and interactions with brands, transforming traditional shopping experiences into a […]

BREAKING: Central Bank of Nigeria (CBN) lifts ban on crypto transactions

Central Bank of Nigeria (CBN) lifts ban on crypto transactions in landmark decision

The Central Bank of Nigeria (CBN) has officially rescinded its ban on cryptocurrency transactions, as revealed in a December 22, 2023 circular. Haruna Mustafa, Director of the Financial Policy and Regulation Department, made the announcement, further underscoring Nigeria’s commitment to adapting to the dynamic global financial landscape. The CBN’s decision comes in response to evolving […]

Solana experiences a significant surge as Bitcoin slides

Solana

Solana (SOL) has been experiencing a notable surge in value, outperforming other major cryptocurrencies. In the past 24 hours, SOL has seen a 12% increase, reaching a trading price above $89, as reported by CoinGecko. This surge has propelled SOL to become the fifth-largest cryptocurrency by market capitalization, surpassing XRP. Over the last week, SOL […]

WEEKLY CRYPTO PRICE ANALYSIS: BTC, ETH, BNB, SOL, XRP, AVAX, AND DOGE

WEEKLY CRYPTO PRICE ANALYSIS

Weekly crypto analysis reveals that most of the cryptocurrencies have been trading in mixed signals, with bullish and bearish trends taking turns. Most of the token prices have remained consistent with minor fluctuations, with some experiencing major dips and gains. The market sentiment remains positive as investors continue to show confidence in the long-term potential […]

Key 2024 court cases poised to redefine crypto industry

crypto

As the cryptocurrency industry navigates through turbulent waters, 2024 is a pivotal year with several major legal decisions on the horizon. These cases range from high-profile lawsuits involving industry giants like Coinbase and Ripple to the legal fate of prominent figures such as Binance’s Changpeng Zhao and FTX’s Sam Bankman-Fried. These rulings are poised to […]

Senator Elizabeth Warren raises alarm on crypto use in terrorism funding

Elizabeth Warren

In a recent development, U.S. Senator Elizabeth Warren has expressed serious concerns about the cryptocurrency industry’s efforts in lobbying Congress. In a letter addressed to Kristin Smith, chief executive of the Blockchain Association, Warren underscored the potential use of cryptocurrencies by terrorist organizations, such as Hamas. This issue has become a focal point in the […]

EU escalates sanctions with new crypto restrictions on Russia

EU

In a significant move aimed at escalating pressure on Russia over its military actions in Ukraine, the European Union has announced a new set of sanctions, marking the 12th package against Russia. This latest round of sanctions, detailed in a European Commission Q&A on December 18, specifically targets the crypto-asset sector, placing stringent restrictions on […]

WEEKLY CRYPTO PRICE ANALYSIS: BTC, ETH, BNB, XRP, ADA, DOGE, AND SOL

Weekly crypto price analysis

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 ranging above $42,00 for the past few days and is currently trading near the higher end of its range. Most coins have been showing a […]

Paxos report reveals high interest in crypto by financial companies

Paxos

In a recent report by crypto firm Paxos, findings indicate a significant surge in interest among 99% of surveyed U.S. financial services companies regarding crypto projects this year compared to previous years. The Paxos survey, encompassing 400 executives from American financial institutions boasting at least five million users and $50 billion in assets under management […]

First Trust Submits Filing for Innovative Bitcoin Buffer ETF

First Trust Submits Filing for Innovative Bitcoin Buffer ETF

First Trust, an asset management firm, has filed for the first-ever Bitcoin Buffer Exchange-Traded Fund (ETF). The ETF is designed to offer a unique form of protection for investors involved in Exchange Traded Products (ETP) trading in the United States. The submission of the filing to the United States Securities and Exchange Commission (SEC) marks […]

Cantor Fitzgerald CEO reveals admiration for Bitcoin and Tether

Cantor Fitzgerald

Cantor Fitzgerald CEO Howard Lutnick recently expressed his admiration for Tether, the stablecoin issuer, in a CNBC interview. Lutnick, describing himself as a “big fan” of Tether, disclosed that he holds the company’s treasuries, which currently amount to over $90 billion. In a departure from the trend of major Wall Street firms shying away from […]

Nasdaq Redirects Crypto Technology to Develop Carbon Markets

Nasdaq Redirects Crypto Technology to Develop Carbon Markets

Nasdaq Inc., a global leader in stock exchange operations, is taking a significant strategic turn by redirecting its previously developed cryptocurrency technology towards the development of new markets, particularly in carbon trading. The move comes after Nasdaq decided to abandon its plans for a custodian business for digital assets in the United States in July. […]

TonUP Announces Launch of UP Token IDO

TonUP Announces Launch of UP Token IDO

The world of cryptocurrency is witnessing another significant event as TonUP, a prominent project within The Open Network (TON) ecosystem, gears up for a major milestone. Scheduled for December 20, TonUP is set to launch its Initial DEX Offering (IDO) for the UP token, marking a crucial step in the project’s development and outreach to […]

Curve Finance Resets CryUSD: A Strategic Move in Stablecoin Market

Curve Finance Resets CryUSD: A Strategic Move in Stablecoin Market

Curve Finance, a prominent player in the decentralized finance (DeFi) space, has announced a significant adjustment to its stablecoin, CryUSD – the coin is being repegged to the value of $1. The adjustment is particularly noteworthy as it’s the first time CryUSD has returned to its pegged value since it deviated in early November. The […]

Introducing the Alpha Release of Bitcoin Oracle: A Milestone in DeFi Innovation

Introducing the Alpha Release of Bitcoin Oracle: A Milestone in DeFi Innovation

In an unprecedented move in the decentralized finance (DeFi) landscape, a coalition of blockchain innovators including ALEX, Domo, and esteemed partners like BIS, Hiro, UniSat, Xverse, and Xlink, have proudly announced the alpha release of the Bitcoin Oracle. This launch marks a pivotal moment in the Bitcoin DeFi ecosystem. The Bitcoin Oracle aims to establish […]

Binance P2P Announces End of Support for Russian Ruble

Binance P2P Announces End of Support for Russian Ruble

Binance P2P, a leading global cryptocurrency exchange platform, has made a significant announcement that will impact its users, especially those dealing with Russian Ruble (RUB) transactions. Following the strategic decision to exit the Russian market with a sale to CommEX, Binance P2P has confirmed that it will discontinue supporting Russian Ruble trading pairs. The change […]

SEC issues fresh warnings about the risks of crypto investments

SEC

The U.S. Securities and Exchange Commission recently restated its cautious stance on crypto investments, highlighting the inherent risks associated with the volatile nature of the market. In a notable move, the regulatory body warned investors about the prevalent fraud within the crypto space, including fraudulent coin offerings, Ponzi schemes, pyramid schemes, and instances of outright […]

Nigeria’s crypto adoption rate makes a significant leap

Nigeria CBN

The surge in cryptocurrency engagement in Nigeria reflects a profound transformation in the financial landscape, with approximately 47% of the population actively participating in crypto trading. A comprehensive analysis by Coin Journal indicates a noteworthy 15% growth in crypto ownership between 2020 and 2023, despite regulatory challenges imposed by the Central Bank of Nigeria (CBN). […]

How to Make Money From A PFP NFT Project

PFP NFT

Even though the NFT market has seen a recent surge in popularity, several projects have been active for over seven years. Regarding NFT archaeology, people are going backward in time to find some of the NFT undertakings that built the framework for contemporary culture. Although NFTs predate many of the games we have now, such […]

Mike Novogratz dismisses JPMorgan CEO’s claims about crypto

Mike Novogratz

Galaxy Digital CEO Mike Novogratz recently voiced strong opposition to JPMorgan CEO Jamie Dimon’s critical stance on Bitcoin and cryptocurrency. Dimon, in a congressional hearing, asserted that he would shut down crypto and Bitcoin if he held a government position, citing concerns about their association with criminal activities such as drug trafficking, money laundering, and […]

Lifinity Faces $700,000 Drainage in LFNTY-USDC Pool

Lifinity Faces $700,000 Drainage in LFNTY-USDC Pool

In a recent setback for decentralized exchange (DEX) Lifinity, an arbitrage bot drained approximately $700,000 from Lifinity’s LFNTY-USDC pool on December 8.  The incident unfolded due to a bug associated with an Immediate-or-Cancel (IOC) order, resulting in an unexpected response that led to a loss of $699,090, as disclosed in the company’s Discord channel. The […]

Digital Asset Brokerage Nonco Secures $10M Seed Funding for U.S. Expansion

Kraken and WazirX list Solana-backed BONK cryptocurrency

Digital asset brokerage firm Nonco has successfully raised $10 million in seed capital. The funding round, comprising a mix of equity and convertible notes, was spearheaded by Valor Capital Group, led by former U.S. Comptroller of Currency and Binance.US CEO Brian Brooks, and Hack VC, an investment firm helmed by Alex Pack, the former co-founder […]

Avalanche Web Wallet to Undergo Transformation with Launch of Core on January 23

Avalanche Web Wallet to Undergo Transformation with Launch of Core on January 23

Kieran McShane, a prominent figure associated with Ava Labs’ products, has revealed significant developments regarding the widely-used Avalanche Web Wallet. The platform is set to undergo a transformative shift with the retirement of the existing Web Wallet on January 23, marking a strategic move towards enhancing user experience and functionality. The transition introduces a cutting-edge […]

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