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BIS Warns Against Unregulated Metaverse: A Call to Prevent Fragmentation and Corporate Control
8.2.2024
The Bank of International Settlements (BIS) has published a report calling on regulators to “future proof” themselves against the adverse effects of an unregulated metaverse on the digital economy. The 31-page report warns that future money and virtual environments run the risk...
Digital Asset Spot Trading Volumes Rise for the Fourth Consecutive Month + More Crypto News
8.2.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s edition: Digital Asset Spot Volumes Rise for the Fourth Consecutive Month Paxos Adopts Chainlink’s PayPal USD Price Feed The Hashgraph Association...
Thai SEC Charges Former Zipmex CEO with Corruption and Deception
8.2.2024
Thailand’s Securities and Exchange Commission (SEC) has charged Akarlap Yimwilai, the former CEO of Zipmex Thailand, with corruption and deception. According to an official statement released on Thursday, the SEC’s investigation revealed that customer assets held in Zipmex...
Spot Trading Volumes Hit $1.4 Trillion as Exchanges Record Growth In Fourth Consecutive Month
8.2.2024
Digital asset spot trading volumes continued on a steady rise in January on the back of a spot Bitcoin (BTC) ETF approval by the United States Securities and Exchange Commission (SEC). A new CCData market report shows an increase in market activity as ETF participants notch inflows and traders...
Is Bittensor Going to Crash? TAO Price Plummets as New Meme Coin Steals the Limelight – What Does it Do?
8.2.2024
Growing AI crypto project Bittensor token has tumbled -17% in the past 24 hours. With TAO holders in panic, many are now asking, ‘Is Bittensor going to crash?’ – explore this TAO price analysis to find out. This article will provide an analysis of TAO’s current price trends...
$CROCO Token Pumps Up 100x and Sponge V2 is About to Launch on Exchanges – 100x Incoming?
8.2.2024
In the latest Solana meme coin pump, fresh-faced Croco Token has exploded in a magnificent 100x pump, and with traders now scrambling to discover the next 100x pump – could this other V2 token be set to fly? This article will provide an analysis of CROCO’s current price trends and look to...
Cardano Price Prediction as ADA Rallies Up 11% – Is a New High on the Horizon?
8.2.2024
The Cardano price has rallied by 11% in the past 24 hours, rising to $0.5311 on a day when the crypto market has gained by 3.5%. ADA is now up by 8.5% in a week and by 10% in a fortnight, with the altcoin also sitting on a 33% gain in the last 12 months. […]
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Pandora’s ERC-404 Standard Grabs Crypto World’s Attention + More NFT News
8.2.2024
The non-fungible token (NFT) market has seen a significant recovery over the past day. The sales volume is up 31% to $42,969,376. Meanwhile, buyers are down less than 1%, sellers 15% and transactions 8%. All top 10 collections by sales volume have seen an increase in the last 24 hours,...
Bonk Price Prediction as BONK Jumps 5% in 24 Hours – Time to Buy?
8.2.2024
The market’s third biggest Doge-inspired meme coin, BONK, has rallied 6% in the last 24 hours to trade at $0.00001055 at the time of writing. That’s just over 1% higher than it was this time last week, but the token has shedded 20.5% of its price in the last thirty days due to bearish...
Myro Price Dips 15%, Is New Meme Coin Smog The Best Crypto To Buy Now?
8.2.2024
The Solana meme coin sector has witnessed a major move as Myro, a coin named after the Solana founder’s dog, experienced a 15% drop in value. This article will provide an analysis of MYRO’s current price trends and look to see whether a newer meme coin, Smog, represents a more promising...
Solana (SOL) rival priced at only $0.1 is expected to reach $16 in 2024
8.2.2024
In the dynamic realm of cryptocurrency, where fortunes can be made and paradigms can shift in the blink of an eye, the emergence of a potential rival to Solana (SOL) priced at a mere $0.1 has set the stage for an electrifying narrative. With experts forecasting a monumental surge to $16 by 2024...
RBI Governor Suggests Offline Initiatives to Drive Digital Rupee Adoption in Remote Areas
8.2.2024
Reserve Bank of India (RBI) Governor Shaktikanta Das has suggested using offline solutions to boost the adoption of the central bank’s digital rupee in remote areas. The RBI will evaluate various offline solutions, including proximity and non-proximity-based options, in hilly, rural,...
Hong Kong Seeks Input on OTC Crypto Trading Rules
8.2.2024
Hong Kong on Thursday announced a consultation on regulating over-the-counter (OTC) crypto trading. The Financial Services and the Treasury Bureau consultation seeks to establish a conceptual framework for licensing virtual asset OTC services. Under the regime, operators would be mandated to obtain...
SEC and NASAA Clamp Down on TradeStation with Hefty $3M Crypto Fine
8.2.2024
The Securities and Exchange Commission (SEC) has taken action against TradeStation Crypto for failing to register the offer and sale of a cryptocurrency lending product that promised investors the opportunity to earn interest. On Wednesday, the Florida-based company agreed to settle the charges...
Hydro Crypto Token Price Manipulation Convict Gets Jail Term
8.2.2024
A Florida federal jury convicted Hydrogen Technology Corp’s former head of financial engineering over crypto price manipulation conspiracy. The convict, Shane Hampton, allegedly orchestrated a months-long scheme to manipulate the price of Hydrogen Tech’s native crypto token – Hydro. The beleaguered...
Why Europe’s MiCA Raises the Barrier to Entry for Stablecoin Issuers
8.2.2024
The Markets in Crypto Assets Regulation (MiCA), due to take effect this year, is the European Union’s comprehensive crypto law. The legislation promises legal certainty, compliance challenges and global implications. MiCA’s primary goal will be to establish a unified rulebook for regulating...
Bridgetower Capital and Deus X Capital Launch $250 Million Digital Asset Platform in UAE
8.2.2024
Bridgetower Middle East, established by Bridgetower Capital and Deus X Capital, launched a digital asset platform in Abu Dhabi to cater to institutional investors in the UAE and Middle East. Arabian Business reported the establishment of Bridgetower ME, a joint venture between Bridgetower Capital...
Spot Bitcoin ETFs See Over $1 Billion in Daily Trading Volume, BlackRock’s IBIT Outshines
8.2.2024
Spot Bitcoin (BTC) exchange-traded funds (ETFs) have seen their total daily trading volume exceed $1 billion on Wednesday, with BlackRock emerging as the top performer. In a recent post on X, Bloomberg Intelligence analyst James Seyffart highlighted the standout performance of BlackRock’s...
SocialFi Project Friendzone to Debut on Polygon Blockchain
8.2.2024
Decentralized social marketplace Friendzone is hopping on the Polygon blockchain for a Feb. 26 launch, and eyeing a move to Polygon zkEVM down the line. The app is said to combine the emotional aspects of traditional social media with the financial rewards of Web3 to build online communities....
Stake Green Bitcoin, Earn Big by Predicting Bitcoin Trends
8.2.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Bitcoin is a highly volatile asset, like all cryptocurrencies. But that doesn’t mean you can’t take advantage of its price trajectory. Green Bitcoin ($GBTC) is a radical new project that allows users...