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Hong Kong’s SFC Issues Warning on Floki’s ‘Highly Risky’ Staking Programs
29.1.2024
A Hong Kong watchdog, the SFC, has cautioned investors about the enticing yet potentially risky ‘Floki Staking Program’ and ‘Tokenfi Staking Program,’ which offer high annualized returns without the required regulatory green light. SFC Warns Against Unregulated Floki...
9 Newly Launched Spot Bitcoin ETFs Accumulate BTC Holdings Worth Nearly $6 Billion
29.1.2024
Current data reveals that Blackrock’s IBIT spot bitcoin exchange-traded fund (ETF) currently possesses 52,025.76 bitcoin, with a total value of $2.18 billion. Furthermore, Fidelity’s FBTC has increased its bitcoin holdings, now standing at 46,238.09 bitcoin as of Jan. 29, 2024....
Over 73% of Europeans Are “Positive” About Crypto’s Future: Report
29.1.2024
A recent survey conducted by Binance found that a majority of Europeans were confident about the future prospects of the cryptocurrency industry. The survey, published by Binance Square on January 29, polled 10,498 users in France, Italy, Spain, and Sweden between October 14 and November 8, 2023....
Solana Price Prediction as Jupiter DEX Surpasses Uniswap – A New High for SOL Incoming?
29.1.2024
Solana (SOL) price predictions have sudden become much more bullish in wake of the cryptocurrency breaking above key technical resistance levels, and amid a surge in on-chain activity that saw Solana’s largest decentralized exchange (DEX) Jupiter surpass Uniswap in terms of 24-hour trading volume...
Report: Bitcoin and L2 Networks Lead Fee Generation Surge in Blockchain Landscape
29.1.2024
The PWN DAO Foundation, linked to the peer-to-peer lending protocol PWN, has released a comprehensive report analyzing user-incurred onchain fees within major blockchain networks and decentralized applications (dapps) for the past year. The 2023 analysis examines Ethereum, BNB Chain, Bitcoin,...
Hong Kong to Strenghten OTC Crypto Market Regulation
29.1.2024
Hong Kong will now focus on regulating over-the-counter (OTC) cryptocurrency trading, according to local sources. Under Secretary for Financial Services and the Treasury Joseph Chan Ho-lim stated that the government will aim to mitigate the risks of virtual assets amidst the rising interest...
UK Remains One of the Few to Hold Back on Retail Access to Crypto ETFs
29.1.2024
The UK remains one of the few major global markets that has yet to approve retail access to cryptocurrency exchange-traded products (ETPs). While countries like Australia, Brazil, Canada, and many states in Continental Europe have embraced these products, the UK has refrained from allowing small...
At Least 18 U.S. Senators Show Support for Crypto, Data Reveals
29.1.2024
Recent data from Coinbase’s nonprofit advocacy organization, Stand with Crypto, reveals a growing divide among U.S. senators regarding their stance on cryptocurrency. At least 18 senators in the United States are currently supportive of crypto, while 30 senators stand in opposition. Stand...
Spectacular Swings — The Week’s Victorious Crypto Climbers and Fallen Token Challengers
29.1.2024
Bitcoin has seen a 2.9% rise against the U.S. dollar in the past week, while ethereum has experienced a 5.8% decline during the same period. Several cryptocurrencies have made notable gains over the past seven days. Leading the pack is manta network (MANTA), which surged by an impressive 47.2%...
PeckShield: Crypto Scams Plummeted 27.78% in 2023
29.1.2024
Blockchain security firm PeckShield has released an overview of the state of cryptocurrency hacks in the last twelve months with over 600 reported cases resulting in losses of $2.61 billion. Impressively, crypto scams saw a drop of 27.78% in 2023. The company disclosed its latest findings in a...
Ethereum Technical Analysis: ETH Trade Volume Remains Low Amid Selling Pressure
29.1.2024
On Jan. 29, 2024, ethereum’s price dynamics display a nuanced interplay of market elements. The current price of ether stands at $2,247, with a 24-hour range fluctuating between $2,246 and $2,284. Despite its substantial market capitalization of $270 billion, ether trading volume remains...
Bitcoin Technical Analysis: Bearish Signals and Bullish Hints Amidst Market Turbulence
29.1.2024
Bitcoin, the leading digital currency by market cap, showcased nuanced market dynamics on Jan. 29, 2024. Bitcoin’s value fluctuated within a narrow band, ranging from approximately $41,950 to $42,069 within the last hour. Indicators such as oscillators and moving averages reveal a diverse...
Ethereum announces Dencun Upgrade on Sepolia and Holesky Testnets
29.1.2024
The Ethereum Foundation’s network developers recently unveiled a major announcement regarding the deployment schedule for the highly anticipated Dencun upgrade on the Sepolia and Holesky test nets. The upgrade will enable additional functionalities on the Sepolia and Holesky test nets...
Kaspersky Alerts Public About Mac Specific Malware Targeting Crypto Wallets
29.1.2024
Kaspersky, the cybersecurity firm based in Russia, has issued a public warning regarding a new malware strain that particularly targets Mac users, focusing on their crypto wallets. This malicious software, which infiltrates computers via counterfeit applications, sets up a backdoor aimed at bitcoin...
Google’s New Crypto Ad Policy Might Increase Investors’ Attention towards Bitcoin ETFs
29.1.2024
Tech behemoth Google announced last month that it would enable new crypto ad policy effective January 29, 2024. As a result, the crypto community speculates that the amendment might include the recently approved Bitcoin exchange-traded funds (ETFs) promotions. Google announced at the time that...
Solana hits record signups; WEN token airdrop draws closer!
29.1.2024
Starting 2024 on a high note, Solana is continuing its success in 2023. Solana just reached its greatest-ever level of daily new addresses as a seven-day moving average yesterday, according to the data, and earlier this month, the Layer 1 network experienced its largest transaction volumes since...
Bit.Store Elevates Crypto Payment Experience With Binance Pay Integration
29.1.2024
PRESS RELEASE. Main Takeaways: Bit.Store introduces Binance Pay for efficient crypto top-ups. Seamless integration offers a quick, secure method for BitStore cardholders. Collaboration reflects Bit.Store’s commitment to user-friendly crypto solutions. The partnership underscores...
Private equity expert Mark Hauser presents a snapshot of the evolving cryptocurrency marketplace
29.1.2024
As global investors continuously fine-tune their portfolios, they consider investments’ performance and economic conditions before making trading decisions. Equipped with this information, an investor often purchases traditional investments such as stocks, bonds, and mutual funds. However...
Crypto Whales Accumulate $3 Billion in Bitcoin in January, Data Shows
29.1.2024
Large investors in the cryptocurrency market, known as crypto whales, have been busy accumulating Bitcoin (BTC) this month, amassing a total of $3 billion worth of the leading cryptocurrency. According to data from onchain analytics firm IntoTheBlock, the amount of Bitcoin held in whale wallets...
Bitcoin takes center stage as DOGE falters despite market growth
29.1.2024
The crypto market is trying to find solid ground, and Samson Mow believes it will bring a positive outlook. The Bitcoin maximalist shared optimistic expectations surrounding Bitcoin’s price movement. The expert went on to X/Twitter to talk about the market shift. According to Mow, Bitcoin is set...