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Crypto Markets Experience Minor Setback as Major Coins Dip, While Select Tokens Buck the Trend
21.2.2024
On Wednesday, the crypto market experienced a modest downturn, with a 1% decrease in its overall value across the board, as bitcoin and ethereum saw declines of 0.51% and 0.45%, respectively. Bitcoin momentarily reached the $53,000 mark the day prior, while ether soared past the $3,000 threshold...
Do Kwon’s Fate Sealed — Montenegro High Court Opts for US Extradition in Legal Tug-of-War
21.2.2024
In a landmark decision, the High Court in Podgorica has ruled that the former Terraform Labs CEO, Do Kwon, will be extradited to the United States, sidelining South Korea’s request for his extradition. The court’s ruling comes after extensive deliberations on the legal and political...
Blockchain-Focused Super Pac Raises Millions From Crypto Magnates in January
21.2.2024
According to a recent report, a super political action committee (PAC) focused on the cryptocurrency industry has secured $4.9 million in contributions from Cameron Winklevoss and Tyler Winklevoss. Additionally, the super PAC named Fairshake amassed $6.3 million in funds last month, as per records...
Bitcoin Technical Analysis: Oscillators and Averages Point to a Market at Crossroads
21.2.2024
As bitcoin navigates through the volatile waves of the crypto market, its price on Feb. 21, 2024, reflects a complex interplay of market dynamics. Oscillating between $50,820 and $52,902 within a 24-hour frame, the leading digital currency continues to showcase significant trading activity. With...
Switzerland’s Postfinance Launches Crypto Trading and Custody Service
21.2.2024
Swiss Post’s financial subsidiary, Postfinance, has launched a new cryptocurrency trading and custody service. Customers can use the service to “purchase or securely store an initial range of 11 cryptocurrencies at the click of a mouse or even set up a crypto saving plan,”...
Gala Films sheds light on the conversion of POPCORN! to $FILM
21.2.2024
Gala Films announces the upcoming conversion of POPCORN! to $FILM to fuel the decentralized world of entertainment. $FILM is posed to ultimately take center stage as the native currency of the digital ecosystem. It will help members earn rewards and support projects, to mention a few examples....
Stellar validators agreed to upgrade Mainnet to Protocol 20
21.2.2024
The Stellar network validators consented to upgrade Mainnet to Protocol 20, thereby modernizing the Stellar smart contracts technology stack and providing a unique builder exposure. The Stellar Development Foundation (SDF) and its community have collaborated on the Stellar network for the past...
An XRP ETF is welcome for Ripple, says CEO
21.2.2024
Brad Garlinghouse, the Ripple CEO, recently talked about prospects for an XRP ETF. According to the CEO, an XRP exchange-traded fund would be welcome. During a recent interview, Garlinghouse said that “Ripple would certainly welcome it” while addressing an XRP ETF. But the CEO made sure not to give...
Charles Hoskinson Signals Alert of Legacy Finance’s Creeping Influence in Crypto
21.2.2024
In a video address, Charles Hoskinson casts a spotlight on the advance of traditional financial mechanisms into the realm of cryptocurrency, warning that the essence of digital currencies is at stake. Charles Hoskinson Warns of Crypto’s Creeping Centralization In a recent video titled...
Beyond hype: A critical look at Ripple’s technology and XRP’s potential
21.2.2024
The Ripple Network was developed to address the issues faced by financial systems in cross-border transactions. The traditional financial systems are sluggish, with unnecessary complications and delays. Often, these fiat-based transactions take days to process, with receivers and senders...
Sheboshi Squad posts updates about its launch
21.2.2024
Shiba Inu ecosystem has posted an update by the Sheboshi squad, wherein the squad has addressed a number of aspects of its launch. This entails a monetary setback, allocation, and plans for the future. Also, the squad has acknowledged that it continues to explore a new horizon with ERC404....
US Judge Urged to Approve Binance’s $4.3 Billion Plea Deal
21.2.2024
A U.S. Federal Judge has been urged to accept a plea deal from U.S. authorities with the cryptocurrency exchange, Binance. Prosecutors, in a memorandum, have asserted that the agreed-upon sanctions are commensurate with the extent of Binance’s deliberate law violations. Binance’s Alleged...
Major Party in South Korea Proposes to Defer Cryptocurrency Taxation
21.2.2024
The People Power Party, a major political party in South Korea, has proposed to defer cryptocurrency taxation for up to two years as part of a general election pledge. The Korean government has already postponed establishing cryptocurrency taxation until 2025 when income generated from...
Over 200 Crypto Accounts Linked to Ransomware Operator LockBit Frozen
21.2.2024
A coordinated international operation has targeted one of the leading ransomware operator group LockBit, freezing over 200 cryptocurrency accounts linked to their activities.
The post Over 200 Crypto Accounts Linked to Ransomware Operator LockBit Frozen appeared first on Cryptonews
Cryptocurrency Exchange Bitget Eyes Latam Expansion
21.2.2024
Bitget, a top 15 cryptocurrency exchange, is seeking to expand its operations in Latin America, a market traditionally dominated by incumbents like Binance and Bitso. Maximiliano Hinz, Bitget’s growth director for Latam, believes that the exchange can differentiate by focusing on serving...
Coinbase CEO: Every Institution Is Now Starting to Hold Crypto
21.2.2024
Coinbase CEO Brian Armstrong says “every institution is now starting to hold crypto,” emphasizing that “the asset class will be a standard part of every diversified portfolio.” Moreover, the executive noted that institutions will eventually be using crypto in other ways...
Former NFL Star Russell Okung’s Crypto Adoption Comments Ignite Bitcoin vs. Stablecoins Debate
21.2.2024
Comments on Lightning Network adoption, made by Russell Okung, a former NFL star who is among the first to receive part of his salary in crypto, sparked a discussion that highlighted the opposing opinions of the crypto community about the usage of bitcoin and stablecoins in emerging markets....
Pro-Crypto Lawyer John Deaton Enters Senate Race to Challenge Elizabeth Warren
20.2.2024
Cryptocurrency advocate John Deaton has formally announced his candidacy for the Senate in Massachusetts, setting his sights on unseating the current Democratic Senator Elizabeth Warren from her position. “I’m excited for the opportunity to fight for change, and for the people of Massachusetts...
CME Group Expands Derivatives to Micro-Euro Bitcoin and Ether Futures
20.2.2024
CME Group announces plans to launch Micro Bitcoin Euro and Micro Ether Euro futures in March, pending regulatory approval. The move will provide investors with greater tools to manage their crypto exposure as the adoption of digital assets continues to rise. CME Group cites the success of previous...
CME Group to Launch Micro Euro-Denominated Bitcoin and Ether Futures Amid Rising Demand
20.2.2024
On Tuesday, CME Group unveiled plans to introduce micro euro-denominated bitcoin and ether futures, set to debut on March 18, contingent on regulatory green lights. These euro-based offerings will mirror their U.S. dollar-based equivalents, each representing one-tenth of the respective...