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Bitcoin, Ethereum Technical Analysis: BTC Closes in on $31,000 as S&P 500 Plunges to 4-Month Low
23.10.2023
Bitcoin started the week surging towards the $31,000 level, as the S&P 500 fell to a four-month low. Momentum in crypto markets has remained mostly bullish in recent days, following speculation on upcoming exchange-traded fund (ETF) approvals by the United States SEC. Ethereum rose above...
Hong Kong Regulator Gives Green Light to Wider Retail Virtual Asset Investments With Applicable Safeguards
23.10.2023
Hong Kong’s financial regulators The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have released new guidelines on how intermediaries are to conduct virtual asset-related activities in light of new market developments....
Read More: Hong Kong Regulator Gives...
Hong Kong Regulator Gives Greenlight to Wider Retail Virtual Asset Investments With Applicable Safeguards
23.10.2023
Hong Kong’s financial regulators The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have released new guidelines on how intermediaries are to conduct virtual asset-related activities in light of new market developments....
Read More: Hong Kong Regulator Gives...
Beosin and Cobo unite to tackle security & compliance challenges
23.10.2023
Beosin recently announced its strategic partnership with Cobo. The blockchain security firm will see Cobo leverage Beosin KYT. The collaboration will result in the parties tackling Beosin’s compliance and security challenges. Beosin KYT, the virtual asset AML and analysis platform, will be...
Join the Economic Freedom Nexus — No BS Crypto News in the Context of Permissionless Exchange
23.10.2023
We all know central bank digital currencies (CBDCs) are the furthest thing there is from actual cryptocurrency. That “financial inclusion” usually just means more laws preventing poor people from free exchange and survival in broken, state-run fiat madhouses. The Economic Freedom...
Bitcoin’s rise above $30k: Optimism in the crypto community
23.10.2023
Bitcoin is above $30k at the time of articulating this piece. The community is in joy for obvious reasons. However, experts are busy decoding the mechanism that has backed this rise. One of the key elements to have come up is Fund Market Premium. The concept in itself is directly correlated to...
Is Rollbit Crypto Casino Going to Zero? RLB Price Tumbles 22% as Fresh Telegram Gambling Coin Nets $1.5 Million in Investments
23.10.2023
In a tumultuous twist, leading GambleFi token Rollbit (RLB) has retraced -22% in a sudden tumble, leaving some panicked holders asking 'Is Rollbit crypto casino going to zero'? - find out in RLB price analysis.
The sudden retracement move comes following the release of a new report entitled 'The...
Hong Kong Reverses Stance on Spot-Crypto, ETF Investing, With a Catch
23.10.2023
Hong Kong's financial regulators have overturned previous guidance that limited the sale of spot crypto products to professional investors. But there's a catch
Latam Insights: Argentine Digital Currency Bill to Be Introduced ‘as Soon as Possible,’ Bitfinex Free P2P Exchanges
23.10.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Central Bank of Argentina is pushing for the introduction of the digital currency “as soon as possible,” Bitfinex makes P2P transactions free...
As Nothing Token Explodes +112% Overnight, This May Be the Next Crypto to Explode – 100x Possible?
23.10.2023
As on-chain excitement springs back into the market, Nothing Token (THING) has exploded +112% overnight.
Recent weeks have seen a huge trend in explosive DEX-launched tokens, with countless moon-shots garnering significant attention, including the ever-popular APX, RAIN, MEGA, REFUND, DRS...
Reddit Crypto Community Removes Moderators Accused of MOON Insider Trading
23.10.2023
The MOON token is here to stay, r/CryptoCurrency subreddit said
People’s Bank of China Governor Vows to Curb Crypto Speculation
23.10.2023
The new governor of China’s central bank has promised to stop speculation associated with cryptocurrency transactions in the country. Pan Gongsheng made the vow in a report detailing measures to maintain the stability of the Chinese financial market and prevent risks. PBOC Prepares to Crack Down...
Thailand Delays Plan to Distribute $15 Billion in Digital Currency to its Citizens
23.10.2023
Thailand's ambitious plan to distribute digital currency to its citizens, with a total value of approximately $15 billion, has hit a roadblock, as Deputy Minister of Finance Julapun Amornvivat announced a delay in the program's launch, local media outlets reported.
The initiative aimed to provide...
Crypto traders urge caution as Bitcoin price hits 3-month high near $31K
23.10.2023
Bitcoin faces 2023 resistance levels next after the weekly close sees a 3% BTC price push
Does Block.one Eclipse Microstrategy in BTC Reserves? Deciphering the Bitcoin Treasury Lists
23.10.2023
This weekend, bitcoin enthusiasts discussed the latest update to bitcointreasuries.net, which offers a new visual of the various companies, countries and funds with bitcoin on their balance sheets. The site indicates that Microstrategy owns 158,245 BTC, while Block.one, the company behind...
Hong Kong Customs Chief Addresses Money-Laundering Risks in Crypto Exchanges Post JPEX Scandal
23.10.2023
Hong Kong's Commissioner of Customs and Excise, Louise Ho Pui-shan, has called for increased oversight and regulatory measures in response to mounting money-laundering risks within the crypto sector.
This call to action comes amid the HK$1.5 billion ($191 million) JPEX scandal that exposed...
Hong Kong Regulators Restrict Retail Investor Access to ‘Complex’ Crypto Products
23.10.2023
The securities regulator and the central banking institution of Hong Kong have updated the region’s crypto policy in response to enquiries from the industry. In a circular on the virtual asset-related activities of intermediaries, the authorities introduced additional measures to protect retail...
Lightning Network Developer Warns About Major Vulnerability, Abandons Security Tasks
23.10.2023
Antoine Riard, a Lightning Network (LN) developer, recently disclosed a major vulnerability affecting Bitcoin’s scaling layer. This vulnerability, which was addressed with a series of mitigations, involves a “new transaction-relay jamming attack” that can affect shared funds...
10 Decentralized Finance Protocols Rule Over 52% of the WBTC in Circulation
23.10.2023
Over the span of ten months, since mid-December 2022, the cryptocurrency known as wrapped bitcoin (WBTC) experienced a reduction of nearly 23,000 coins from its circulation. Today, WBTC has 79,839 distinct wallet holders. Notably, a hefty 73.76% of these tokens are concentrated within the top...
Thai crypto investors turn to tarot cards, divine signals to predict market
23.10.2023
A Thai fortune teller once purpotedly predicted when the crypto market would recover last year, claiming they were told by the god of the dead