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Bitcoin ATH bull run unlikely if social sentiment runs too hot — Santiment
30.9.2024
Santiment says there's almost double the number of bullish posts to bearish ones on social media
Bitcoin bull run unlikely as long as social sentiment runs too hot — Santiment
30.9.2024
Santiment says there's nearly double the amount of bullish posts to bearish ones on social media
DePIN Tech Shows Promise, But Implementation Faces Several Hurdles, Moody's Says
17.9.2024
The Wall Street ratings agency's first-ever report about the sector underscores the increased attention towards DePIN apps
Binance Research Report: Blockchain Could Transform Cross-Border Transactions
30.8.2024
Blockchain technology is set to transform the payments industry by tackling persistent issues in cross-border transactions. A detailed report by Binance Research suggests that incorporating blockchain into payment systems could substantially lower costs and speed up settlements, offering a...
Hong Kong virtual banks eye Web3 growth despite regulatory hurdles
9.8.2024
Despite capturing just 0.3% of retail bank assets, Hong Kong's virtual banks are exploring opportunities in the Web3 space
Veteran Blockchain Developer: Overregulation Creates Hurdles for Crypto Companies, Diminishing Overall User Experience
21.7.2024
While regulations are generally meant to protect consumers, in practice, they create hoops for crypto companies to jump through, thus diminishing the overall user experience, said Ivo Georgiev, co-founder and CEO of Ambire Wallet. Georgiev argues that regulations like the Eurozone’s Markets...
First Mover Americas: Bitcoin Relief Rally Stalls at $63K as Crypto Rebound Faces Hurdles
1.7.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for July 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin’s Scaling Dilemma: Binance Report Sheds Light on BTC’s Enhancement Hurdles
30.5.2024
Amidst the backdrop of this year’s skyrocketing BTC transaction fees and a congested network, the latest Binance Research report, “The Future of Bitcoin #3 – Scaling Bitcoin,” unveils several approaches to addressing Bitcoin scalability. As average onchain fees have...
South Korean Universities Face Banking Hurdles in Converting Crypto Donations to Cash
30.5.2024
South Korea’s regulations prohibiting corporations from opening virtual asset exchange accounts are making it impossible for local universities to liquidate their large cryptocurrency donations. Financial authorities cite money laundering concerns as the reason for maintaining the ban. Education...
South Korea Universities Face Banking Hurdles in Converting Crypto Donations to Cash
28.5.2024
Financial authorities in South Korea are prohibiting universities from opening corporate accounts for coin transactions. This is resulting in their inability to convert cryptocurrency donations provided by certain crypto businesses into cash.
The post South Korea Universities Face Banking Hurdles...
Cautious Bitcoin Bounce to Face Inflation Data Hurdles Later This Week
13.5.2024
The downtrend in inflation has stalled so far this year, putting in doubt the odds for any Fed rate cuts in 2024
Magpie integrates zkSync to overcome DeFi hurdles and lower Ethereum fees
4.4.2024
zkSync addresses the hurdles that come with DeFi, such as upgrading Ethereum, along with its high fees for swaps and staking and unstaking. In the case of swaps, it is between $40 and $60, whereas for staking and unstaking, it reaches more than $200. For DeFi’s overall standing, these...
Binance CEO Richard Teng Visited South Korea to Address Market Entry Challenges: Report
1.4.2024
Binance CEO Richard Teng has reportedly made a secret visit to South Korea in an effort to directly engage with domestic financial authorities and find a resolution to the hurdles facing the company's entry into the Korean market.
The post Binance CEO Richard Teng Visited South Korea to Address...
Binance Faces Regulatory Hurdles as Philippines SEC’s Ban on Binance Takes Effect
25.3.2024
The Philippines SEC's Ban on Binance prohibits local access to the exchange's website and applications. This decision stems from Binance's alleged unlicensed operations and offering of investment opportunities to Filipinos.
The post Binance Faces Regulatory Hurdles as Philippines SEC’s Ban...
OKX Ceases Operations in India, Citing Regulatory Hurdles
21.3.2024
OKX has emailed its users in India to inform them that it will discontinue its services there, urging them to withdraw their funds by the end of April.
The post OKX Ceases Operations in India, Citing Regulatory Hurdles appeared first on Cryptonews
The Uphill Quest — Top Cryptos Face Significant Hurdles to Reclaim Peak Prices
29.2.2024
As of Feb. 29, 2024, at 11:30 a.m. ET, bitcoin’s price stands a mere 9.5% shy of its record high of $69,044 per unit, achieved on Nov. 10, 2021. Below is an examination of several leading cryptocurrencies and their proximity to their historical peaks. The Herculean Task for Some of the...
Japan Unlocks Opportunities for Domestic Venture Capitalists to Invest in Web3 Startups
19.2.2024
Japan unlocks new opportunities for domestic venture capitalists to invest in Web3 startups. The move clears regulatory hurdles that previously forced Web3 companies to look overseas for funding. This shift is expected to stimulate innovation and drive Japan's position in the Web3 sector.
The post...
Taproot Wizards’ Quantum Cats NFTs Leap Past Technical Glitches to Amass $11.3M in Bitcoin
6.2.2024
The sale of Taproot Wizards’ Quantum Cats non-fungible tokens (NFTs) has so far successfully amassed 268.3 bitcoin, equating to $11.3 million at the current market value. This achievement comes despite earlier hurdles that delayed the sale due to technical issues, resulting in 2,681 Quantum...
Topps Navigates Web3 Hurdles: Shifts to Fortress Amid Regulatory Challenges in NFT Expansion
25.1.2024
This week the collectibles and candy company Topps communicated with its customers regarding its non-fungible token (NFT) initiatives. The company acknowledged encountering challenges with a payment service provider in January 2023, leading to a transition to a new provider, Fortress, in September....
Wave of Spot-Based Bitcoin ETFs Could Drive Bitcoin to $60K This Year: CoinShares
23.1.2024
Despite facing hurdles, bitcoin’s price could rebound and potentially soar to $60,000 this year, per CoinShares’ analysis. In a report published Monday, CoinShares forecasted 2024 as a pivotal year for digital assets, anticipating a surge in bitcoin’s value following the recent launch...