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Hong Kong Financial Institutions Eye Ethereum ETFs to Bolster Global Crypto Market Position
11.3.2024
In the wake of the successful launch of Bitcoin spot ETFs in the United States, financial institutions in Hong Kong are gearing up to tap into the growing demand for cryptocurrency investment products.
The post Hong Kong Financial Institutions Eye Ethereum ETFs to Bolster Global Crypto Market...
SEC Chairman Gensler Comments on Bitcoin and Ethereum; Avoids Ethereum Security Classification
7.3.2024
Chairman of the U.S Securities and Exchange Commission (SEC) Gary Gensler has refrained from publicly disclosing the SEC's classification of Ethereum as either a security or a commodity. The SEC’s position on Ethereum could be a defining factor in whether or not the regulator would approve Ethereum...
UK Regulatory Framework Will Embrace Coexistence of Stablecoins and CBDCs, Aligned with EU Standards
6.3.2024
The United Kingdom is set to embrace the coexistence of stablecoins and central bank digital currencies (CBDCs) in its regulatory framework. This move signifies a strategic alignment with the EU's regulatory framework and will position the UK as a progressive player in the evolving landscape...
$WSM Meme Coin Skyrockets +75% Intraday Before Wall Street Memes’ 100m Token Burn – Don’t Miss Out!
28.2.2024
Wednesday, February 28, 2024 – Meme coin markets are exploding with excitement ahead of Wall Street Memes’ inaugural burn event tomorrow, with the $WSM price skyrocketing +75% as traders race to take position. Meme coin-focused social media interventions from Elon Musk and bitcoin trading above...
Starknet’s STRK Price Drops 50% as This New Meme Coin Prepares to List on Exchanges
23.2.2024
As Ethereum rollup Starknet initiates distribution of 728m tokens to more than 1.3m addresses, traders are vying to take position in what could be the largest airdrop of 2024. However, with STRK price plummeting -50% on launch, could this new meme coin be a better play as it heads for exchanges?...
ECB Says ETF Approval Does Not Change Bitcoin’s Unsuitability as Payment or Investment
22.2.2024
The European Central Bank (ECB) has reiterated its position on Bitcoin (BTC), stating that the approval of spot ETFs for the cryptocurrency does not change its unsuitability as a means of payment or investment.
The post ECB Says ETF Approval Does Not Change Bitcoin’s Unsuitability as Payment...
Japan Unlocks Opportunities for Domestic Venture Capitalists to Invest in Web3 Startups
19.2.2024
Japan unlocks new opportunities for domestic venture capitalists to invest in Web3 startups. The move clears regulatory hurdles that previously forced Web3 companies to look overseas for funding. This shift is expected to stimulate innovation and drive Japan's position in the Web3 sector.
The post...
Bitcoin Price to Hit $100k by June 2024, Predicts Rich Dad Poor Dad Author
19.2.2024
Robert Kiyosaki, author of the best-selling financial book “Rich Dad Poor Dad,” has once again made a bullish case for bitcoin price. On Sunday, he took to X (formerly Twitter) to declare, “BITCOIN to $100k by June 2024.” This bullish forecast further cements his position...
U.S. Regulators Can Influence Tether’s Offshore Usage: JPMorgan
17.2.2024
Tether’s (USDT) dominant position as the largest stablecoin faces regulatory challenges and risks from various authorities and jurisdictions as they seek to impose more transparency and compliance on stablecoins. The stablecoin is vulnerable due to its dependence on the American market and pending...
Bitcoin Price Prediction as BTC Pumps 20% in 7 Days – Time to Buy Bitcoin?
15.2.2024
Bitcoin Price Prediction In a week marked by a 20% surge in Bitcoin’s price, BTC currently trades around $52,000, demonstrating modest growth and maintaining its position as the market leader with a valuation exceeding $1 trillion. This period of slight growth amidst a volume of $37.66...
Bitcoin ETFs May Hurt Coinbase’s Bottom Line In 2024: Analyst
15.2.2024
Senior Researcher at Leverage Shares, Sandeep Rao, believes that Coinbase’s dominant market position as “the dominant venue for all things crypto” faces a new challenge. In a recent interview with Cryptonews, Rao warned that the company’s medium-to-long-term performance could suffer...
How Indonesia’s Election Outcome Will Impact Crypto
14.2.2024
Indonesia, a trillion-dollar economy, is impossible to ignore. The country held its election on Wednesday with defence minister Prabowo Subianto and ex-governors Anies Baswedan and Ganjar Pranowo all competing to become the next president. In December, Indonesia’s Mayor Gibran Rakabuming...
Retik Finance (RETIK) Presale Stage 9 Sold Out 5 Months Ahead of Schedule
14.2.2024
In a remarkable turn of events, Retik Finance (RETIK) has shattered expectations by selling out its Presale Stage 9 a staggering five months ahead of schedule. This unprecedented achievement underscores the overwhelming demand and enthusiasm surrounding the project, cementing Retik Finance’s...
Bitcoin Price Prediction as $20 Billion Pushes BTC Above $48,000 – $100,000 Incoming?
12.2.2024
Bitcoin‘s market position is bullish as it hovers near $48,000, amidst widespread anticipation of potential growth to $100,000. Glassnode’s analysis marks the current Bitcoin market as “high risk,” emphasizing the volatile nature of cryptocurrency investments. Grayscale...
XRP Price Prediction as Whales Ramp Up Bullish Bets Despite Slump – Huge Pump Incoming?
8.2.2024
The XRP price has increased by 2% today, rising to $0.5129 as the wider cryptocurrency market enjoys a 3.5% gain in the past 24 hours. XRP’s move also comes amid an increase in leveraged long positions among large traders, with XRP’s long/short ratio on OKX reaching its highest position...
Thailand Pushes Towards Digital Asset Hub with Introduction of VAT-Free Crypto Trading
7.2.2024
In a move to position Thailand as a leading digital asset hub, the country’s Finance Ministry has announced the exemption of value-added tax (VAT) on digital asset trading. The decision aims to promote digital assets as a new alternative tool for fundraising and drive the growth of...
BlackRock and Fidelity Bitcoin ETFs Dominate Top 10 January Inflows with Massive $4.8B Surge
5.2.2024
BlackRock and Fidelity’s spot Bitcoin (BTC) exchange-traded funds (ETFs) have emerged among the top 10 funds with the highest inflows in January. According to a report from Morningstar research analyst Lan Anh Tran, BlackRock’s iShares Bitcoin Trust (IBIT) secured the eighth position...
Scorpion Casino Hits $3.6 Million In Presale As Investors See Massive Profit Potential Ahead
3.2.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Scorpion Casino (SCORP) stands out in the market by seamlessly combining captivating gaming and casino experiences with significant profitability. An impressive accomplishment lies in its impactful...
Thailand’s SEC Orders Zipmex to Suspend Trading and Brokerage Services
2.2.2024
Thailand’s Securities and Exchange Commission instructed cryptocurrency exchange Zipmex to temporarily suspend its digital asset trading and brokerage services beginning February 2. In a February 1 announcement, the SEC said that Zipmex has been given a 15-day period to fix its financial position...
Core Scientific Becomes North America’s Largest Listed Bitcoin Producer, Generating 19,274 BTC in 2023
1.2.2024
Core Scientific has cemented its position as the largest listed Bitcoin (BTC) producer in North America, generating an impressive 19,274 BTC in 2023. In a recent post on X (formerly Twitter), the crypto miner said 13,762 BTC were mined by the company itself in its state-of-the-art data centers...