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SEC Director of Enforcement Gurbir Grewal Slams Crypto Industry, Cites “Significant Non-Compliance”
3.4.2024
Gurbir Grewal, the Director of the Enforcement Division at the SEC, slammed the crypto industry for its "significant non-compliance" in remarks given Wednesday at the Practicing Law Institute SEC Speaks event. His criticism comes one day after SEC Commissioner Hester Peirce chided the agency...
Next Big Thing in Crypto? Why Everyone’s Racing to Get This Unlisted Web3 VR Token
3.4.2024
Web3 token 5SCAPE is well on track to achieving its target of raising an eye watering $15 million in an ongoing presale. The ICO is only on round 3 of a dozen so far and has already raised $3,674,797, a hefty 24.5% of the target. 5SCAPE has a leg over all the competition, because it’s...
Ethena’s ENA Token Soars 80% Since Launch, Now a Top 100 Crypto Asset Amid Defi Buzz
3.4.2024
Since its launch on April 2, the Ethena governance token ENA has experienced an 80% climb in value against the U.S. dollar, ascending from an all-time low of $0.532 per token. Currently, it ranks among the top 100 coins by market capitalization, boasting a total valuation of $1.36 billion at...
Van Eck Scion’s new stablecoin debut grabs crypto fans’ attention
3.4.2024
Van Eck is heavily investing in stablecoins, a relatively new type of cryptocurrency. In order to bolster the case for investment, Agora raised $12 million in finance under the direction of Dragonfly. Van Eck will assume the role of fund manager for Agora’s stablecoin reserves. Nick Van...
UK Regulators Publish Draft Guidance on Digital Securities Sandbox Open to DLT
3.4.2024
The DSS will last five years and could lead to a new regulatory regime for securities settlement
Markets Tumble as Fed Rate Cut Expectations Diminish
3.4.2024
Attention is riveted on the Federal Reserve’s assembly set for May 1, with widespread anticipation that the U.S. central banking authority might lower the federal funds rate at this juncture of the year. Currently, market forecasts suggest a rate reduction is very unlikely, and Cleveland...
Crypto Exchange Bitget Joins Meme Coin Hype, Issues Token That Rises 14,000%
3.4.2024
The token's rise comes alongside a wave of trading volume
Bitcoin Technical Analysis: Price Consolidates Following Bearish Downturn
3.4.2024
On Wednesday, bitcoin’s trade volume and overall value provided insights into its current technical situation. With a daily trading volume reaching $45.30 billion and a total market value of $1.29 trillion, the cryptocurrency’s liquidity and market breadth still stands strong....
KBW Increases Coinbase Price Target to $230, Citing Exposure to Long-Term Crypto Economy Growth
3.4.2024
Investment banking firm KBW has hailed Coinbase for offering investors a unique opportunity to tap into the long-term growth potential of the crypto economy.
The post KBW Increases Coinbase Price Target to $230, Citing Exposure to Long-Term Crypto Economy Growth appeared first on Cryptonews
Bermuda-Licensed Relm Insurance Unveils Suite of Crypto Risk Products
3.4.2024
As well as cyber and crime markets, Relm is offering reimbursement for losses associated with staking on the Ethereum network
BEFE coin’s meteoric April ascent: The talk of the crypto world
3.4.2024
In a world where meme coins fight for attention, Dogecoin and Shiba Inu have captured investors’ eyes with their gigantic rise in the past. Yet, amidst these tales of meme coin triumphs, BEFE is emerging as the talk of the town having real-world utility among the investor community. With...
Lithuania’s Fintech Haven to Cull Crypto Firms Under New Licensing Rules
3.4.2024
Lithuania intends to implement a rigorous licensing process for crypto companies currently operating within its jurisdiction. This initiative, scheduled to commence next year, is expected to result in the removal of many digital asset companies.
The post Lithuania’s Fintech Haven to Cull...
Galaxy Digital-Owned Crypto Custody Specialist GK8 Unveils Tokenization Wizard
3.4.2024
The first client to use the tool will be a partnership between asset manager DWS, Flow Traders and Galaxy to manage a fully collateralized euro-denominated stablecoin, GK8 said
HanChain (HAN) Goes Live on Top 10 Crypto Exchange MEXC
3.4.2024
PRESS RELEASE. HanChain (HAN) went live on MEXC, a top 10 global cryptocurrency exchange, at 5:00 AM UTC on April 3, 2024. In addition to the listing, the HanChain project also launched its mobile staking version, coinciding with LBANK’s Grid Trading Competition and Flexible Staking Service....
Crypto AI Projects Would Need to Buy Chips Worth Their Entire Market Cap to Meet Ambitions
3.4.2024
Supporting the creator economy with AI-generated video will take more GPUs than all major tech companies operate
Crypto market correction: Panic or Opportunity?
3.4.2024
Liquidation is above $400 million as Bitcoin loses its charm. It has been termed a price correction, with a hint that it was expected to happen ahead of Halving. BTC and ETH are down significantly from their recent ATH, sending signals that bears are running open and could walk for a few more...
Deribit’s Dubai Unit Receives ‘Conditional’ Virtual Asset Service Provider License
3.4.2024
Deribit FZE, an entity owned by crypto derivatives platform Deribit, has secured a conditional virtual asset service provider from the Dubai virtual assets regulator. The license, which covers spot and derivative trading, will remain non-operational until Deribit meets the regulator’s localization...
Aave Proposal Aims to Safeguard Against DAI’s Rapid Market Cap Increase
3.4.2024
The Aave Risk Framework Committee (ARFC) has proposed adjustments to the risk parameters of the dai (DAI) stablecoin to mitigate potential risks associated with Makerdao’s aggressive expansion of the DAI credit line. The proposal, initiated by the Aave Chan Initiative (ACI) team, suggests...
Trading Bots in Asia React to ETF Flows Data After Market Closure, Leading to Pronounced Swings
3.4.2024
Bitcoin investors in Asia are experiencing significant price swings as automated trading protocols react to flows data from US ETFs that hold the cryptocurrency.
The post Trading Bots in Asia React to ETF Flows Data After Market Closure, Leading to Pronounced Swings appeared first on Cryptonews
DeFi Exchange CrowdSwap Launches Decentralized Crypto ETF
3.4.2024
The Bull Run dETF comprise of 10 tokens including Bitcoin (BTC), Ethereum (ETH), Polygon (MATIC), Chainlink (LINK), Polkadot (DOT), among others.
The post DeFi Exchange CrowdSwap Launches Decentralized Crypto ETF appeared first on Cryptonews