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Crypto on track to hit 1 billion users by end of 2025: Analyst
29.4.2024
More conservative estimates, from the likes of the Boston Consulting Group, predict that the crypto industry will reach its first billion users by 2030
Bitcoin Technical Analysis: Persistent Bearish Trends Hinder BTC’s Recovery
29.4.2024
As of April 29, 2024, bitcoin remains under considerable bearish pressure according to multiple indicators across different time frames. Currently trading at $62,279, bitcoin has shown a 24-hour range between $61,994 and $63,929. Bitcoin Bitcoin’s (BTC) daily chart presents a stark bearish...
Hong Kong spot crypto ETFs debut tomorrow: 6 things to know
29.4.2024
Before the launch of spot cryptocurrency ETFs in Hong Kong, the city’s ETF market accounts for 0.6% of the entire U.S. ETF market
After being listed on Coinbase, Pepe coin saw a 20% increase in value—could Dogeverse be the next cryptocurrency to take off?
29.4.2024
Over the past week, Pepe (PEPE) has seen an increase of over 20%, continuing the surge in the broader meme coin market. The reason for this is that Coinbase International Exchange, which serves business clients, has started offering Pepe perpetual futures trading, allowing customers outside...
Shiba Inu Price Prediction as SHIB Retraces With Market Volatility — Is It Time to Load Up?
29.4.2024
Shiba Inu has fallen by 4% in the past 24 hours, with its price dropping to $0.00002358 on a day when the wider crypto market suffers a 2% dip.
The post Shiba Inu Price Prediction as SHIB Retraces With Market Volatility — Is It Time to Load Up? appeared first on Cryptonews
Can the Upcoming South Africa Elections Swing In Favor of Crypto?
29.4.2024
South Africa's approaching elections are unlikely to disrupt the country's progress in the realm of digital assets, according to several members of the crypto community.
The post Can the Upcoming South Africa Elections Swing In Favor of Crypto? appeared first on Cryptonews
Taiwanese Prosecutors Indict 32 Individuals Implicated in $24.5 Million ACE Exchange Fraud Scheme
29.4.2024
At least 32 individuals connected to the now-defunct Taiwan-based cryptocurrency exchange, ACE Exchange, have been indicted on fraud charges. Prosecutors have recommended 20-year jail terms for the founder, David Pan, and his business partner, while a 12-year jail term has been proposed...
Is Bonk Going to Zero? BONK Price Drops 8% As Latest Meme Coin Pre-Sale Drops Soon
29.4.2024
Solana’s second biggest meme coin, Bonk (BONK), fell 8% overnight, taking some of the heavier losses amidst a crypto pullback spurred on by market leaders Bitcoin (BTC) and Ethereum (ETH). As of Monday morning, UTC, Bonk changes hands at $0.00002427. This is a near 50% decline from...
Thai SEC Warns Crypto Exchanges Against Glamorizing Investments, Emphasizes Advertising Compliance
29.4.2024
The Securities and Exchange Commission (SEC) of Thailand is taking measures to protect crypto investors from misleading advertisements.
The post Thai SEC Warns Crypto Exchanges Against Glamorizing Investments, Emphasizes Advertising Compliance appeared first on Cryptonews
Dubai does for crypto what Silicon Valley did for tech: Gov't affairs firm CEO
29.4.2024
NH Management’s Tao Xiao explained that VARA’s objective is not to hinder progress but to secure the market’s integrity
Cardano vs Option2Trade – Why this Defi AI crypto has dominated altcoin league since January 2024
29.4.2024
As Option2Trade continues to dominate the altcoin market with its sophisticated AI and DeFi applications, it sets new benchmarks for what is possible in the realm of cryptocurrency. Both Option2Trade (O2T) and Cardano (ADA) have their unique strengths and areas for growth, but the ongoing...
Mango Markets Exploiter Faces Charges of Child Pornography Possession
29.4.2024
Avraham Eisenberg, the individual recently convicted of fraud and market manipulation in connection with a $110 million heist from Mango Markets, now faces additional charges of possessing child pornography.
The post Mango Markets Exploiter Faces Charges of Child Pornography Possession appeared...
Thai regulator cracks down on deceptive crypto ads
29.4.2024
Regulators from key crypto markets, including the United Kingdom and Spain, have also taken similar measures against misleading crypto advertisements to minimize losses from crypto investments
South Africa’s Election Won’t Interfere With Crypto Policy: Industry Watchers
29.4.2024
South Africa's upcoming election isn't expected to derail the country's agenda for digital assets, several members of the crypto community told CoinDesk
Thailand Authorities Seize Over $5M Worth of Crypto Mining Devices in Electricity Theft Investigation
29.4.2024
Thai authorities recently cracked down on a crypto mining operation suspected of stealing electricity. The raid in Samut Sakhon and Ratchaburi netted over 650 mining devices valued at more than $5m.
The post Thailand Authorities Seize Over $5M Worth of Crypto Mining Devices in Electricity Theft...
Australia’s top exchange may approve spot Bitcoin ETFs this year: Report
29.4.2024
Australia’s spot Bitcoin ETFs could see $3 billion to $4 billion of inflows within the first three years, according to Monochrome CEO Jeff Yew
Does Money Transmitting Require Control? DOJ Says No in Tornado Cash Litigation
29.4.2024
Since the Department of Justice (DOJ) filed its legal opposition to the pretrial motions of Tornado Cash developers Roman Storm and Roman Semenov, there has been a buzz within the cryptocurrency community regarding specific aspects of the court filing. A key point raised by the prosecutors is their...
Telegram Becoming ‘Crypto-powered Narcotics Department Store’ for South Koreans
29.4.2024
Crypto-powered narcotics gangs have turned Korean-language Telegram channels into “drugs department stores” and a “playground” for young South Koreans, media outlets reported on April 28.
The post Telegram Becoming ‘Crypto-powered Narcotics Department Store’ for South Koreans appeared first...
South African BTC Ponzi Scheme Mastermind Succumbs to Heart Attack While Detained in Brazil
29.4.2024
Johann Steynberg, the mastermind behind a South African bitcoin Ponzi scheme, recently died of a heart attack while under house arrest on a farm in Brazil. According to his Brazilian wife, Steynberg left no will and had no assets that could be inventoried. South African Police Investigate...
Japan’s Web3 Ambitions Hang in Balance as Political Scandal Rocks Kishida’s Leadership
29.4.2024
Japan’s Prime Minister Fumio Kishida and the ruling Liberal Democratic Party are advocating Web3 development amid a major corruption scandal that threatens their political stability. With leadership elections approaching in September and declining party support, the future of Japan’s...