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Coinbase Expands in Singapore: Launches USD Transfers via SWIFT – Crypto Adoption on the Rise?
19.12.2023
Source: Adobe / VideoFlow The major US-based crypto exchange Coinbase has announced the availability of USD transfers for its retail customers in Singapore, according to an announcement. Now, users in Singapore can seamlessly transfer US dollars (USD) to and from their Coinbase accounts using...
Elastos Unveils New Bitcoin Layer-2 Network to Enable Bitcoin Staking
19.12.2023
Source: Pixabay Public blockchain project Elasto has unveiled BeL2, a ‘Bitcoin roll-up’ introducing Bitcoin staking and other comprehensive Layer 2 solutions. BeL2’s Rollup introduces the implementation of smart contracts, enabling irreversible digital agreements between parties...
DCG Can't Sell or Reduce Ownership of Genesis Until Bankruptcy Proceedings Close, Judge Rules
19.12.2023
Genesis requested a New York bankruptcy court to bar ownership changes to secure tax benefits on around $700 million worth of operating losses
Central Bank of Brazil Opens Public Consultation on Virtual Assets Service Provider Rulemaking
19.12.2023
The Central Bank of Brazil opened a new public consultation to obtain feedback for regulating the operations of virtual assets service providers (VASPs) in the country. The bank organized a questionnaire of 38 questions divided into different themes that can be partially, or fully answered until...
Crypto Tax Planning: Merging Tax-Loss Harvesting With Charitable Giving
19.12.2023
As the year winds down, cryptocurrency investors can combine tax-loss harvesting with cryptocurrency donations to charities, a move that optimizes tax benefits while supporting worthy causes. Embrace Year-End Tax Strategy With Charitable Giving Twist As the end of the year rapidly approaches...
Adam Back States ‘You Can’t Stop JPEGs on Bitcoin,’ Proposes Block Size Increase to Host Inscriptions
18.12.2023
Adam Back, CEO of Blockstream and legendary cryptographer, has acknowledged that inscriptions, media embedded directly on top of Bitcoin, cannot be stopped, stating that any action focused on this will only prompt users to do it in “worse ways.” Instead, Back proposed adding a new blob...
Solana Price Prediction as Daily Trading Volume Surges to $1.8 Billion – Can SOL Overtake XRP?
18.12.2023
Source: Dall•E 3 The Solana price has dropped by 6% in the past 24 hours, falling to $68.30 on a day when the cryptocurrency market as a whole has declined by 2%. Despite this loss, SOL remains up by 6% in the past fortnight and by 20.5% in the last 30 days, with the altcoin […]
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Shiba Inu Price Prediction as SHIB Declines Over 15% in 24 Hours – Can SHIB Reach $1?
18.12.2023
In a remarkable turn of events, Shiba Inu (SHIB), a token once considered a mere speculative asset in the vast and volatile cryptocurrency market, has seen an astonishing surge of 20% during the weekend. This sudden spike in value has brought the question to the forefront: Can SHIB realistically...
$BONK Still Pumping, Does This New Memecoin Have Even Bigger Potential?
18.12.2023
$BONK has recently stolen the spotlight with an impressive 130% surge. However, amidst the excitement surrounding $BONK’s upward trajectory, another good crypto to buy is quietly making waves and challenging the status quo. As you explore whether $BONK’s pumping momentum can...
Complaints From Crypto Users Can Be ‘a Goldmine for Improvement’ Says Tom Blok
17.12.2023
The number of user complaints received by crypto and blockchain entities has been on a decline since August, the latest Complains.Biz data has shown. The data shows that in just 28 days, Complains.Biz’s sentiment meter detected a 29% decline in the number of complaints. According to company...
Are Hackers Two Steps Ahead of Security in a Cat-and-Mouse Game? Experts Answer
17.12.2023
Source: AdobeStock / aLListar/peopleimages.com Talking with Cryptonews, Raz Niv, co-founder and CTO at the Web3 security company Blockaid, and Kate Kurbanova, co-founder of risk management firm Apostro, discussed the evolution and high adaptability of crypto thieves, the “ingenious” methods...
Market Alert!: What Caused the $BTC Flash Crash, and Is More to Come? Investors Take Shelter in Presales
17.12.2023
Welcome to the bull market. Volatility is back on the menu, and the big question is what crypto to buy today. What caused Bitcoin ($BTC) to flash crash, and is more to come? How can investors avoid the downside brought on by these leverage flushes? One lucrative avenue more and more investors...
Bonk Price Prediction as the Hottest Meme Coin Keeps Hitting New All-Time Highs – Can BONK Reach $1?
15.12.2023
The Bonk price has risen by 88% in the past 24 hours, having rocketed to $0.00002843 after Coinbase listed the meme token yesterday. BONK has also risen by a very impressive 129% in a week and by 946% in the last 30 days, with the token also up by a whopping 33,000% in relation to […]
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Avalanche Price Prediction as AVAX Blasts Up 49% – Can AVAX Overtake Cardano?
15.12.2023
Source: Dall•E 3 The Avalanche price has risen by 6% in the past 24 hours, with its move to $40.91 also representing a 49% gain in the last seven days. This makes AVAX one of the best-performing coins over this period, with the alt also having risen by 115% in the last 30 days and […]
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Bank of Korea Governor Calls for Action on CBDCs
15.12.2023
Source: AdobeStock South Korea’s central bank governor Lee Chang-yong is calling for action around central bank digital currencies (CBDC) which he says have become imperative and there is an urgency that can no longer be postponed. The Bank of Korea has not yet decided whether or not to issue...
Crypto KYC Solutions Advance to Ensure Adoption and Better User Experience
14.12.2023
Know-your-customer (KYC) measures are becoming more important as the cryptocurrency sector grows. These models have proven to help digital asset service providers prevent against crimes such as money laundering, terrorist financing and more. Yet while KYC processes can help financial firms better...
Ethereum Price Prediction as JPMorgan Says ETH Will Outperform BTC in 2024 – Can ETH Reach $100,000?
14.12.2023
The Ethereum price has surged by 5.5% today, with the coin moving to $2,298 in the context of a market that has gained by the same percentage in the past 24 hours. ETH’s performance today also comes as JPMorgan analysts predict that the altcoin could outperform Bitcoin (BTC) next year, helped...
ECB Study Reveals Minimal Environmental Impact of Euro Banknotes – How Does Crypto Compare?
13.12.2023
Source: Adobe / nmann77 It’s not just crypto: old-fashioned banknotes have a noticeable energy footprint worth reducing, according to the European Central Bank (ECB). In a newly published report, the central bank outlined how the elaborate physical infrastructure used to support eurozone cash...
Market Analysts Identify Hidden Potential in a Lesser-Known AI Crypto – Time to Buy?
13.12.2023
Launchpad XYZ’s presale traction proves investors have an appetite for its AI crypto trading tools and services. Image by Kerem Goktug Kaya, DALL-E 3. With nearly 9,000 different cryptocurrencies in existence, identifying promising projects with upside potential can seem like finding...
Solana Price Prediction as SOL Dips 6.5% to $66 – Can SOL Regain Its All-Time High?
13.12.2023
Source: Dall•E 3 The Solana price has dipped by 6.5% today, as traders take profits following a bullish couple of weeks for the altcoin. At $66, SOL remains up by only a modest 0.5% in the past week, yet it has still risen by 7% in a fortnight and by 12% in a month. And […]
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