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End of Line for BSV on Coinbase, Exchange to Delist Crypto in January 2024
8.11.2023
Coinbase has announced it will be removing bitcoinsv (BSV) from its platform, having informed its clientele through an email notification. BSV, which was created following a hard fork from the Bitcoin Cash protocol on November 15, 2018, will no longer be hosted on Coinbase’s services after...
Hedera’s Q3 2023 review: What lies ahead for HBAR?
8.11.2023
In the ever-evolving realm of cryptocurrencies, Hedera Hashgraph (HBAR) has gained significant recognition, particularly due to its performance in the third quarter of 2023 and its future prospects. The third quarter of 2023 is a pivotal period for the cryptocurrency market in general and Hedera...
What’s behind the popularity of Tron in the crypto community?
8.11.2023
Tron (TRX) has emerged as a notable blockchain platform, which is fundamentally used in developing entertainment applications. Tronix, or TRX, is still a new cryptocurrency rapidly making strides in digital asset platforms. Dating back to its origins, it turns out that it was Justin Sun who created...
Investment Advisor Two Prime Sees $2B in Demand for Bitcoin-Backed Loans
8.11.2023
"We have seen about $2 billion in demand for bitcoin-secured loans since we started offering them in September, " Two Prime's Alexander Blume said
Cardano takes a hit as major cryptocurrencies display mixed performance
8.11.2023
It is a volatile season for a crypto market when leaders such as Bitcoin, Ethereum, or Cardano show both positive and negative signs. Particularly volatile has been ADA’s dip during its recent trade sessions, raising eyebrows amongst its trader and investor market. The scalability solution that...
Hong Kong Considers Allowing Trading of Spot Crypto ETFs
8.11.2023
Hong Kong is examining allowing the launch of spot cryptocurrency exchange-traded funds (ETFs), given that the risks of these instruments are addressed. In a recent interview, Julia Leung, CEO of the Hong Kong Securities and Exchange Commission, stated that the focus of the organization’s...
Famous Economist and Crypto Hater Nouriel Roubini Launches His Own Cryptocurrency
8.11.2023
Source: X / @Nouriel Famous economist Nouriel Roubini, who once said 99% of crypto is a scam, has now launched his own crypto project. Also known as “Dr.Doom” for his pessimistic predictions, Roubin has co-founded a cryptocurrency project called “Atlas”. The project is being advertised as some...
Filecoin’s 2023 journey: What’s in store for 2024?
8.11.2023
After a stressful time in 2022, Filecoin (FIL) made impressive gains in 2023 as the token surged 25%, reshaping the landscape for Filecoin mining. One of the reasons for this continued rise of Filecoin can be the buzz behind the launch of Filecoin smart contracts that could drive Filecoin’s...
Why is Elon Musk firmly against creating crypto tokens for his companies?
8.11.2023
Who does not know the name ‘Elon Musk’ and his influence in the crypto space? He was one of the whales in driving the price up for BTC and DOGE during the 2020 crisis. Other than the crypto world, he is known for his electric cars at Tesla and rocket launches at SpaceX. Many crypto …
German Banking Giant DZ Bank Launches Crypto Custody Platform
8.11.2023
One of the largest banks in Germany by total assets, DZ Bank, has launched a crypto custody platform. Additionally, the bank disclosed that alongside its solution for institutional customers, it is working on “an offer that allows private customers to invest directly...
Former SEC Official Predicts ‘Big Win’ for SEC in Terra Lawsuit — Expects Continued Rejection of Ripple/XRP Ruling
8.11.2023
The U.S. Securities and Exchange Commission’s former head of internet enforcement has predicted a “big win” for the SEC in the lawsuit involving Terraform Labs. The ex-SEC official also expects District Judge Jed Rakoff to keep rejecting the ruling by District Judge Analisa...
Financial Giant Fidelity Addresses 9 Common Bitcoin Criticisms and Misconceptions
8.11.2023
Financial services giant Fidelity has addressed nine common Bitcoin criticisms and misconceptions, emphasizing that some of them are “either unfounded or unlikely to be a serious concern.” They include volatility, suitability as a payment method, environmental impact, competition...
Convicted Sam Bankman-Fried’s Legal Battles Rage On Amidst SEC, CFTC Charges, and Class Action Fury
8.11.2023
Sam Bankman-Fried was convicted on all charges in the Department of Justice’s fraud case against the ex-FTX chief, but his legal woes are far from over. He is also under pressure from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), which have...
Crypto Regulation News Weekly Digest: SafeMoon Executive Charges and FinCEN’s Mixing Service Proposal
7.11.2023
Last week saw major regulatory actions against crypto mixing services and alleged fraud along with pushback from lawmakers. Image by Andrii, Adobe Stock. The cryptocurrency industry increasingly finds itself under the purview of regulators striving to balance innovation with consumer protection...
Binance Launches High-Yield USDT Earning Program Amid Fierce Market Competition
7.11.2023
This week, Binance, the world’s leading crypto exchange by trading volume, announced the introduction of a tether (USDT) earning program with up to a 13% annual percentage yield (APR). Binance’s USDT earn product joins a slew of other digital currency trading platforms offering yield...
Bitcoin supply held by long-term holders hits all-time high — Research
7.11.2023
Bitcoin’s recent rally to a 2023 high is backed by on-chain and sentiment data
Ether (ETH) Set for 55% Surge After Key Technical Breakout, as Supply Turns Deflationary, Says This Well-Known Analyst
7.11.2023
Famous crypto data analytics firm Matrixport’s head of research Markus Thielen argued in a recent report that Ether (ETH) could be set for a more than 55% surge to $3,000. Ether is the second most valuable cryptocurrency in the world by market capitalization after Bitcoin (BTC) and powers...
Coinbase Website Blocked in Kazakhstan Amidst Crypto Securities Law Enforcement
7.11.2023
Regional reports from Kazakhstan indicate that Coinbase, one of the largest crypto exchanges globally, has been blocked as it reportedly “violates paragraph 5 of Article 11 of the Digital Assets Law of the Republic of Kazakhstan.” Essentially, the clause is a policy on the issuance and sale...
Coinbase beefs up its global advisory council with four national security experts
7.11.2023
Coinbase is getting wonky with prominent names in national security from both sides of the U.S. political divide. They will join former lawmakers and other strategists
November Marks Rare Awakening of 2 Vintage 2010 Bitcoin Wallets Valued at $3.4 Million
7.11.2023
Bitcoin has surged over 24% against the U.S. dollar this month, and on November 7, 2023, an intriguing event took place: two dormant bitcoin addresses from 2010 were activated and transferred roughly 100 BTC, valued at $3.4 million according to the current bitcoin exchange rates. While 100 BTC...