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Lithuania Fines Crypto Firm Payeer $10.1M for Russian Trades
10.7.2024
Lithuania—the seaside country—has fined Payeer, a crypto company, €9.3 million ($10.1 million) for financial sanctions and money laundering violations involving its Russian clientele. According to Bloomberg, the Financial Crimes Investigation Service (FNTT) under the Ministry of Internal Affairs...
Taiwan Eyes CBDC Prototype Launch via Digital Voucher System
10.7.2024
Taiwan aims to pilot its Central Banking Digital Currency (CBDC) before the end of the year. As Chin-Long Yang, governor of Taiwan’s central bank, revealed, this initiative will employ the digital voucher system developed by the Ministry of Digital Affairs. This collaboration seeks to incorporate...
Bitcoin Recovery Influences ETF Inflow; BTC Breaches $59k
10.7.2024
We are far from, or better yet, no longer threatened with, another Bitcoin winter. The crypto market has picked a recovery curve amid massive Bitcoin sell-offs by the German government. Today, BTC surged over $59,200, nearing its previous support at $60,000. The surge has created buying pressure...
Report: Morgan Stanley to Approve Bitcoin ETFs for All Clients by August
10.7.2024
Morgan Stanley is reportedly set to approve Bitcoin ETFs for all its clients by the end of August. Researcher House of Chimera, citing a senior source, shared this information, marking a pivotal moment in the institutional adoption of digital assets. ICYMI: ???? Morgan Stanley expected to approve...
Bitcoin Holds Above $57k; Mt. Gox & Germany Pressure Fades
10.7.2024
For the past few weeks, Mt. Gox and the German government’s BTC moves have been the key determinants of Bitcoin’s price. According to data from Arkham Intelligence, the German-linked BTC wallet now holds coins worth $1,308,651,208. Six hours ago, the government wallet moved 3.107 BTC worth...
Who is UK’s New City Minister & Her Views on Crypto
9.7.2024
The UK’s current prime minister, Keir Starmer, is a human rights lawyer from a small town in southern England. Today, he made his first official speech in parliament since being elected. He took the time to congratulate Speaker Sir Lindsay Hoyle after MPs re-elected him for the role. So,...
Bitcoin Rebounds to $57K, Is a New High in Sight?
9.7.2024
The crypto market has been on a wild ride this past week, with Bitcoin plummeting to its lowest value since late February, dipping to $53,550. This represents a stark 13% drop from its weekly opening price of $61,96K. The downturn coincides with broader market anxieties, particularly regarding...
Arkham Report: Chinese Govt Holds 194k Bitcoin From PlusToken
9.7.2024
In his recent blog post, Chinese journalist Colin Wu sheds light on the aftermath of PlusToken, one of the biggest cryptocurrency Ponzi schemes in Bitcoin history. The case involved the seizure of a large number of digital assets by Chinese authorities. Analysis: Has the Chinese government sold...
Australia’s ASX Approves its Second Spot Bitcoin ETF
9.7.2024
Australia’s leading stock exchange, the Australian Securities Exchange (ASX), has approved listing its second Spot Bitcoin ETF. According to reports, the BTC ETF will begin trading on July 12 under the ticker BTXX. Spot BTC ETFs thrive amid negative market sentiments Today, DigitalX,...
Australia’s ASX Approves its Second Spot Bitcoin ETF
9.7.2024
Australia’s leading stock exchange, the Australian Securities Exchange (ASX), has approved listing its second Spot Bitcoin ETF. According to reports, the BTC ETF will begin trading on July 12 under the ticker BTXX. Spot BTC ETFs thrive amid negative market sentiments Today, DigitalX,...
Here is the best DeFi platform to trade spot Ethereum ETFs, spot Bitcoin ETFs, and Solana ETFs
9.7.2024
The approval and launch of spot Bitcoin ETFs in Q1 2024, and the commencement of spot Ethereum ETFs’ approval process in Q2 2024 have ushered a crypto ETF season in the crypto market. Solana (SOL) is on track to be the next recipient of the spot ETFs treatment with several firms filing proposals...
OTC Markets Gain Favor Amid Government Bitcoin Transactions
9.7.2024
In recent events, Germany has been directly involved in purchasing and selling large volumes of Bitcoin in the market. At the beginning of their activities, they preferred exchange transactions, whereas, at present, there is a tendency towards OTC operations. This action is consistent with their...
Worldcoin Unveils World Chain For Blockchain Developers
9.7.2024
The Worldcoin Foundation has taken a major step forward by launching a developer preview for its new Layer 2 blockchain network, World Chain. This move marks a crucial phase in Worldcoin’s development. The developer preview is currently available to a limited number of developers. The preview...
German Government Moves 6.3k Bitcoin; Holds $1.3B Worth BTC
9.7.2024
In a series of transactions, the German government has once again begun moving large amounts of Bitcoin. These movements, involving over 3,100 BTC, happened in the last 3 hours, according to data from Arkham. From Seizure to Sale: Germany’s Bitcoin Journey The story begins in January 2024...
Ethereum Foundation & Immunefi Collaborate On “Attackathon”
8.7.2024
According to the latest details that surfaced, Immunefi has joined forces with the Ethereum Foundation to launch the “Attackathon.” This collaboration is part of a time-bound code review program aimed at identifying potential vulnerabilities in Ethereum’s core protocol. Ethereum...
Wanting to Buy the Bitcoin Dip? Best Follow the Whales
8.7.2024
The current Bitcoin market crash is different from past cycles. Historically, a crypto market crash is largely followed by FUD and massive market sales. According to social data presented by Santiment, “Historically, most turnarounds occur immediately after the average traders have given up hope...
Fairlead Strategies Founder Shares Future Outlook of Bitcoin
8.7.2024
Satoshi Nakamoto’s leading crypto coin, Bitcoin, has faced market correction for the last 5 days. BTC has suffered a market loss due to the selling pressure from Mt. Gox Bitcoin payments and Germany’s BTC offloading. Both institutions and individual traders have lost millions from liquidations...
Hamster Kombat: Viral Telegram Game’s Pre-Market Debut Announced by Bybit
8.7.2024
Dubai-based cryptocurrency exchange Bybit has announced the listing of Hamster Kombat (HMSTR) on its pre-market trading platform. This development marks a major milestone for the viral Telegram-based game. From Telegram Sensation to Crypto Exchange Listing Hamster Kombat is a tap-to-earn game that...
Ethereum ETF Amendment Deadline- Will SEC Approve ETH ETFs This Week?
8.7.2024
As the week begins, crypto investors remain focused on anything that could bring back the bull rally. In this case, Ethereum ETFs could be the spark that ignites another bull run, but the United States SEC has a significant role to play. Regulators, traders, and investors await the S-1 submissions...
Metaplanet Buys the Dip; Acquires Bitcoin Worth $1.2M
8.7.2024
According to an announcement posted on X, Japanese public company Metaplanet has increased its Bitcoin holdings. Per the tweet, Metaplanet has acquired an additional 42.466 Bitcoin, worth approximately ¥400 million. *Metaplanet purchases additional 42.47 $BTC* pic.twitter.com/dPotWszW1Y...