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Galaxy Digital CEO Mike Novogratz Expects Spot Bitcoin ETF Approval by January 10, Regulatory Progress After Election
23.12.2023
Galaxy Digital CEO Mike Novogratz expects the U.S. Securities and Exchange Commission (SEC) to approve a spot bitcoin exchange-traded fund (ETF) by Jan. 10 next year. Subsequently, he foresees the cryptocurrency reclaiming its all-time high of $69,000 and wouldn’t be surprised if it surpasses...
Solana (SOL) Flips BNB, Gains 17% in 24 Hrs to Become Fourth Largest Crypto
22.12.2023
Solana. Source: Adobe The price of Solana (SOL) gained as much as 17.15% within the last 24 hours in a massive rally to become the fourth largest crypto in terms of market cap. As of writing, SOL is trading at $98.63, boasting a market capitalization of nearly $42 billion. This surge propels Solana...
SEC Chair Gary Gensler Gets Community Noted on X for Warning Against Crypto
22.12.2023
SEC Chair Gary Gensler. Source: screenshot of a YouTube video / Yahoo Finance US SEC chair Gary Gensler earlier posted a video message on X warning crypto firms against non-compliance and calling the space “wild west.” Elon Musk-owned X, formerly Twitter, was quick to add community notes...
73% of US Voters Favor Presidential Candidates with Tech Savvy, Including Crypto
21.12.2023
Source: Adobe/tinyakov Approximately 73% of US voters believe that US presidential candidates should have an informed perspective on innovative technologies like artificial intelligence (AI) and cryptocurrency. A recent survey conducted by The Harris Poll on behalf of Grayscale Investments, which...
99% of Law Enforcement Needs More Crypto-related Training, New Report Reveals
20.12.2023
A new survey conducted by blockchain intelligence company TRM Labs has revealed that 99% of law enforcement needs more training on crypto. “Extremely” complex cases The survey collected responses from 300 law enforcement professionals around the globe, 93% of which were from US law enforcement...
Coinbase Ending ‘Givecrypto’ Initiative — ‘We Were Unable to Create a Lasting Impact’
19.12.2023
Crypto exchange Coinbase is winding down Givecrypto, a nonprofit set up to provide crypto to those in need. “Over the years, Givecrypto distributed cryptocurrency to thousands of individuals in need,” Coinbase said. However, the exchange admitted: “We were unable to create lasting change purely...
IMF Chief Calls for Clear Crypto Regulation — Warns High Crypto Adoption Could Undermine Financial Stability
16.12.2023
The head of the International Monetary Fund (IMF) has called for clear crypto regulations worldwide, cautioning that high crypto adoption could undermine macro-financial stability. “Our goal is to make a more efficient, interoperable, and accessible financial system by providing rules...
Nearly Half of Users Primarily Use Crypto to Earn Extra Income — Binance Study
15.12.2023
Nearly half of the crypto exchange Binance’s users list “earning extra income as their primary use for crypto.” The survey also revealed that 36% of the respondents consider “achieving financial security and independence” as the primary objective for using crypto...
Cronos, Partner of Crypto.com, to Start Layer 2 Network With Matter Labs
14.12.2023
The new "Cronos zkEVM chain" is launching initially as a test network, based on Matter Labs’ software tools, which can be used to spin up new layer 2 and layer 3 “hyperchains” atop Ethereum
Crypto.com announces partnership with 6 charities in Singapore
13.12.2023
Crypto.com has announced a partnership with 6 charities in Singapore. The objective is to facilitate asset-to-fiat donations, thereby helping charities expand their pool of donors. Crypto.com has committed to handling all the processing and conversion aspects on behalf of the charities that have...
Solana’s meme coin BONK reaches ATH, Cardano Whales are exploring this AI crypto
13.12.2023
In the ever-surprising world of cryptocurrencies, BONK, a meme coin from the Solana ecosystem, recently hit an all-time high, showcasing a remarkable increase in value in just one day. This surge is aligned with the upbeat trend in the broader crypto market, particularly in the memecoin sector....
India to Consider Country-Specific Characteristics and Risks in Regulating Crypto: Finance Ministry
13.12.2023
Source: Pexels India’s Finance Ministry will consider country-specific characteristics and risks before implementing any measures related to crypto assets. Minister of State for Finance Pankaj Chaudhary, during a session in the Rajya Sabha, highlighted the significance of the New Delhi...
Democratic Presidential Candidate Dean Phillips Says Biden and Trump Don’t “Understand” Crypto
12.12.2023
Source: Pixabay Representative Dean Phillips, a member of the United States House of Representatives running against Joe Biden for the Democratic nomination in the 2024 presidential election, recently criticized President Joe Biden and former President Donald Trump for their positions on crypto....
Taiwan’s FSC Sets Up Financial Technology Bureau to Oversee Crypto: Report
12.12.2023
Source: Pixabay Taiwan’s Financial Supervisory Commission (FSC) has set up a Financial Technology Bureau to oversee cryptocurrencies to protect investors and increase regulation, according to a Taiwanese news report by United Daily News (UDN). FSC chairman Huang Tian has confirmed the Executive...
Russia’s Exved Launches Cross-Border Payment Service Powered By Tether’s USDT Stablecoin
7.12.2023
Source: Adobe Russian digital settlement exchange Exved has officially debuted with the goal of empowering local legal entities to conduct cross-border digital payment services using Tether’s USDT. Russia's Exved platform launches as one of the first cross-border payment solutions...
OKX and Bybit Capitalize as Binance’s Market Share Declines + More News
7.12.2023
Source: AdobeStock / Rafael Henrique Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: OKX and Bybit Capitalize as Binance’s Market Share Declines Safe Partners with Sygnum Bank...
Crypto.com Gains Key UK Regulatory Approval as Electronic Money Institution
4.12.2023
Cypto.com regulatory approval in the UK sets the stage for the company to offer additional financial services. Image by Timon, Adobe Stock. Today, cryptocurrency platform Crypto.com gained key regulatory approval in the United Kingdom. The company announced in a press release that it has been...
Crypto.com Receives UK Authorization as an Electronic Money Institution
4.12.2023
The exchange said it plans to use the license to offer e-money products in the U.K
As BabyGROK Skyrockets 1,000%, This Unnoticed Crypto Jewel Has Landed $2.7 Million – Next 1000x Crypto?
4.12.2023
DEX markets are taking aim at a new GROK token spin-off, BabyGROK token, which after a +1,000% pump could replicate the $20M success of PEPE sister-token BabyPEPE. This comes as recent months have seen a huge trend in explosive DEX-traded token moves, with countless moon-shots garnering significant...
Former SEC Chair Discusses ‘Appropriate Way’ to Regulate Crypto — Says Classification Issues Are ‘Overblown’
29.11.2023
Former U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton has discussed what he believes to be the “appropriate way” to regulate crypto. The former regulator added that “the classification issues” about whether a crypto token is a security or a commodity...