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BitGo Gains In-Principle Approval from Authority to Operate in Singapore
10.1.2024
Source: Pixabay / sasint BitGo has recently been granted in-principle approval from Singapore’s Monetary Authority of Singapore (MAS) for a Major Payment Institution license. According to a social media post published by the established American digital asset custody firm, BitGo is one step...
Notable Absence of Hashdex in Latest Round of S-1 Bitcoin ETF Amendments
9.1.2024
Source: Adobe / Backcountry Media In the recent wave of amended S-1 filings by multiple asset managers on January 8, the notable absence of digital asset management firm Hashdex has caught the attention of industry observers. The firm, which already offers a Bitcoin futures-based exchange-traded...
Crypto Exchange Listing and Delisting Announcements: January 8, 2024
9.1.2024
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Cryptocurrency Institutional Funds Record $151 Million Inflows in First Week of 2024
8.1.2024
Source: Adobe / Luisa Digital assets investment funds recorded $151 million in inflows in the first week of 2024 as institutional investors drive adoption following anticipation of a spot Bitcoin (BTC) ETF approval by the Securities and Exchange Commission (SEC). A new CoinShares Digital Asset Fund...
South Korea’s Tax Authority, DAXA Form Committee to Prevent Illegal Transactions: Report
8.1.2024
Source: Pixabay South Korea’s tax Authority, the Korea Customs Service group and five major cryptocurrency exchanges including Bithumb Korea, Coinone, Korbit, and Streami have formed a group to prevent illegal foreign transactions, according to a report by News1.KR. The Digital Asset Exchange...
Financial Advisors Skeptical About 2024 Spot Bitcoin ETF Approval, Survey Finds
5.1.2024
Source: Adobe / Mangostar A new survey from digital asset management firms Bitwise and ETF data provider VettaFi has revealed a notable disparity in expectations among financial advisors regarding the approval of a spot Bitcoin ETF in 2024. While the survey indicated persistent client interest...
Crypto for Advisors: Digital Assets in 2024
4.1.2024
Are you ready to talk about crypto investing with your clients? CoinDesk’s Kim Greenberg collaborated with Adam Blumberg and DJ Windle to provide a guide to getting “Digital Asset Ready” as this year is sure to be interesting
Senator Thom Tillis Adds Voice in Opposition to Warren’s Anti-Crypto Bill
4.1.2024
Senator Thom Tillis (R-NC) has voiced his opposition to Senator Elizabeth Warren’s (D-MA) recently proposed anto-crypto bill, according to a letter published by Satoshi Act Fund CEO and co-founder, Dennis Porter. Tillis’ “significant concerns” Tillis’ letter, originally published by Porter to...
Bitget’s Resilience and Growth Strategy in the Crypto Bear Market: Gracy Chen Explains
4.1.2024
Source: Bitget Cryptocurrency exchange Bitget went forward with key investments amid the digital asset winter setting the tone for favourable market conditions in the future. In a Jan 4 interview with Colin Wu, the Bitget executive explained the role the exchange took in the bear market,...
Crypto Assets Under Management Surged 14% as Daily Trading Volumes Recorded 33% Increase in December
4.1.2024
Source: Adobe / Luisa The digital asset market recorded massive highs on several fronts in Q4 2023 as institutional investors tightened their bullish grip on the market in anticipation of a spot Bitcoin (BTC) ETF approval in the United States. A new report released by CCData on the fourth quarter...
Crypto Investors Beware: IRS Crypto Tax Reporting Rules for $10k+ Transactions Now in Effect
2.1.2024
The controversial crypto tax reporting requirements within the bipartisan infrastructure bill signed into law in 2021 are now in effect as of January 1. These new Internal Revenue Service (IRS) rules mandate that cryptocurrency brokers report personal information on digital asset transactions over...
Bitcoin Is an ‘Intriguing Option for National and Corporate Financial Portfolios’ Says Billionaire Stelian Balta
2.1.2024
Stelian Balta, the billionaire and co-founder of the digital asset management firm Hyperchain Capital, has said that while bitcoin is indeed a volatile asset it nonetheless helps to diversify and align an investment portfolio with digital trends. The top crypto asset’s high-return...
Monex Group Secures Majority Stake in Canada-based 3iQ
29.12.2023
Source: Pixabay Japan-based Monex Group is set to acquire a majority stake in Canadian crypto asset manager 3iQ. According to a press release published Thursday, 3iQ will collaborate with Coincheck, a Japanese cryptocurrency exchange acquired by Monex Group back in 2018, to bolster the digital...
Bitcoin Price Prediction as BTC Spikes Up 1.6% – Larger Rally Incoming?
28.12.2023
In a striking development in the cryptocurrency arena, Bitcoin, the foremost digital asset, has seen a notable surge, spiking to $43,800. This recent uptick in Bitcoin’s value, amounting to a 1.6% increase, has sparked speculation and anticipation among investors and market observers....
HKbitEX Collaborates with Shanghai Technology Exchange for Asset Tokenization Solutions
28.12.2023
  The Hong Kong-based digital asset exchange, HKbitEX, partners with Shanghai Technology Exchange to develop asset tokenization (RWA) solutions for tech companies, supported by China’s Ministry of Science and Technology and Shanghai municipal government. On December 28, in a significant...
Indonesia to Require Cryptocurrency Exchanges to Register with Country’s National Digital Asset Bourse
28.12.2023
Image Source: Pixabay The Indonesian government has announced that all cryptocurrency exchanges operating within the country will be required to register with the newly established Commodity Future Exchange (CFX). Launched earlier this year, the CFX is the world’s first national bourse...
Digital Asset Products Record $103 Million Inflows as Assets Under Management Maintains $52 Billion Position
28.12.2023
Source: Adobe / Luisa Cryptocurrency funds recorded $103 million inflows in the penultimate week of the year as institutional investors keep momentum toward a spot Bitcoin (BTC) ETF approval by the Securities and Exchange Commission (SEC). Recent data provided by CoinShares shows massive inflows...
Binance and the Royal Thai Police to fight digital asset frauds
27.12.2023
The adoption of digital assets is picking up. Regions only have the option to keep up with it. A crucial aspect is adapting to the dynamics of this transition. The Royal Thai Police have taken note of this aspect and announced their collaboration with Binance, a crypto exchange platform. Their...
Crypto Exchange Listing and Delisting Announcements: December 25, 2023
25.12.2023
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
MEXC Quells Fears Over Possible Issues After CEO Account Deactivation
25.12.2023
Pixabay Digital asset exchange, MEXC has addressed user fears over a deleted social media account believed to be its CEO, stating that the firm has no official connection with the account. In a Dec 24 post on X (formerly Twitter), the exchange watered down community fears addressing all issues...