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Crypto Hybrid Exchange Ankex, Led by former Genesis CEO, Shuts Down
15.12.2023
Ankex, Qredo’s cryptocurrency exchange spearheaded by former Genesis Trading CEO, Michael Moro, has shut down operations. “Ankex development has been paused” The formerly up-and-coming Ankex was launched last year and was set to combine both centralized and decentralized features. Moro...
Market Spotlight: The Emerging Challenger Set to Outpace Shiba Inu and PEPE in the Meme Coin Realm
15.12.2023
TLDR Shiba Inu (SHIB) network activity is on the rise due to the popularity of its Shibarium services. PEPE’s market capitalization is also on an impressive increase. NuggetRush’s (NUGX) mining adventure has generated high interest after its 30% presale growth. Demand for Shiba Inu’s (SHIB) layer-2...
What to Buy Before Christmas: Shiba Inu or Retik Finance?
15.12.2023
Shiba Inu (SHIB) and Retik Finance (RETIK) both have unique qualities to the table, each with its own set of advantages and considerations. Let’s delve into the factors that might influence your decision on whether to buy Shiba Inu or Retik Finance before Christmas. Shiba Inu (SHIB) Shiba...
Crypto Exchange Bitget Reveals Mandatory KYC Policy With Incentives for Early Compliance
14.12.2023
On Thursday, the crypto exchange Bitget, headquartered in Seychelles, announced its decision to implement comprehensive Know Your Customer (KYC) policies across its platform. These new KYC requirements are set to take effect on December 15, 2023. Bitget Rolls Out Mandatory KYC Procedures Bitget...
Report: Montenegro High Court Extends Do Kwon’s Detention by 2 Months
14.12.2023
Do Kwon, the ex-CEO of Terraform Labs, is set to spend two months in Montenegro custody after the country’s High Court moved his release date to Feb. 15, 2024. While Do Kwon reportedly prefers being sent to South Korea, Montenegro’s justice minister is said to be leaning towards sending...
Is It Too Late to Buy Bonk? BONK Price Soars 80% as Telegram-Based Crypto Casino Approaches Launch – Next Big Thing?
14.12.2023
Solana-based meme coin Bonk has undertaken a huge +80% price explosion, fuelling FOMO amongst retail traders left asking – is it too late to buy BONK? BONK’s huge pump appears to have been triggered by the announcement of an upcoming Coinbase listing, set for later today at 9AM PT...
Blockstream Completes $5M Series 1 Raise, Set for Acquisition of New ASIC Miners
14.12.2023
Source: Pexels Leading Bitcoin timechain technology firm Blockstream has announced the successful completion of its Series 1 Blockstream ASIC (BASIC) Note raise, securing an impressive $5.07 million. After a successful $5M raise in the first Blockstream ASIC (BASIC) Note series and the swift...
Why 2023 Is Like 2020 and Bitcoin Is Set to Head Towards $50k
13.12.2023
Crypto derivatives show bullish positioning but are not over-extended by historical norms. That’s good news for the whole crypto market
Crypto to be Measured at Fair Value in US Under New FASB Rules – Here is the Bitcoin (BTC) Price Reacted
13.12.2023
Source: DALL·E US companies that hold crypto will be required to record their tokens at the most up-to-date or “fair value”, according to the first set of crypto accounting rules issued by the US Financial Accounting Standards Board (FASB), and crypto prices are pushing higher as a result. ⚠ CRYPTO...
Nasdaq to Utilize Technology Developed for Cryptocurrency to Power Carbon Markets
13.12.2023
Source: AdobeStock / JHVEPhoto Nasdaq is set to leverage the technology it developed for its cryptocurrency venture to expand into emerging markets. The renowned stock exchange operator, which recently abandoned its plans to launch a custodian business for digital assets in the United States, aims...
Crypto Mogul Novogratz Chooses Phillips Over Biden for Political Support
13.12.2023
Source: a video screenshot, Bloomberg Television / YouTube Mike Novogratz, a prominent investor in the cryptocurrency space and a long-time supporter of Joe Biden, is set to fundraise for Representative Dean Phillips, a Democratic primary challenger to the president. Novogratz, the CEO of Galaxy...
Deutsche Bank’s DWS Group Teams Up with Galaxy Digital to Issue Euro Stablecoin
13.12.2023
Source: Adobe Stock Deutsche Bank’s DWS Group, along with Dutch market maker Flow Traders Ltd. and crypto fund manager Galaxy Digital Holdings Ltd., is set to establish a company named AllUnity with the aim of issuing a euro-denominated stablecoin. The initiative will be headquartered...
KuCoin to Shutter Services in New York After $22 Million Settlement Package – Here’s the Latest
12.12.2023
Source: Pexels The KuCoin crypto exchange is set to shutter its operations in the ‘Big Apple’ following an agreement with the Supreme Court of the State of New York County. Besides restricting access to its platform for New York residents, KuCoin has agreed to pay a $5.3 million fine...
Global Bitcoin Mining Community Launched by Mining Grid: Introducing the ‘Mining Race’ Platform
12.12.2023
PRESS RELEASE. Mining Grid,The Blockchain technology-based startup, is thrilled to announce the official launch of its groundbreaking initiative, ‘Mining Race’. This innovative program is set to make waves in the mining community on a global scale. In recent days, Bitcoin’s...
Dogecoin’s Network Activity Slump; Render and InQubeta Set Sights on a Significant Surge
12.12.2023
InQubeta (QUBE) and Render (RNDR) are two of the best altcoins to buy now as both are expected to enjoy substantial price growth in the coming months and years. InQubeta prices have grown 175% since its presale started, raising over $6.4 million in token sales. Investors buying tokens now still...
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...
El Salvador’s Bitcoin Bonds Get Regulatory Approval, Launch Set for Early 2024
12.12.2023
Source: RawBeautyPixels/Adobe El Salvador’s highly anticipated Bitcoin (BTC) bonds, also known as “Volcano Bonds,” have received the regulatory approval for an early 2024 issuance. The bonds are expected to be offered on Bitfinex Securities, a regulated division of the popular...
The Best Reveals From The Game Awards 2023
11.12.2023
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Fed Observer Jim Grant Foresees Long-Term High Rates as FOMC Meeting Approaches
11.12.2023
Market participants, including both investors and traders, have their attention keenly set on the upcoming Federal Open Market Committee (FOMC) meeting, slated for Dec. 13, 2023. There is widespread speculation about whether Fed Chair Jerome Powell will continue to uphold the current elevated...
StarkNet Foundation Set to Allocate 1.8B STRK Tokens for User Rebates and Provisons’ Committee
9.12.2023
Source: Starknet The Starknet Foundation has unveiled plans to distribute 1.8 billion STRK token rewards and rebates to drive the adoption and growth of the Starknet blockchain. While specific distribution plan details are not provided, the Foundation intends to involve various committees...