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South Korea’s FSC Nominee Says Past Crypto Chaos Calls for Strong Investor Protection
23.7.2024
Kim Byoung-hwan, the nominee for head of South Korea’s top financial regulator, the Financial Services Commission (FSC), expressed caution about corporations holding bank accounts for cryptocurrency transactions. Speaking at a parliamentary session on Monday, Kim, a former vice finance...
Judge has ‘strong views’ about Coinbase inquiry into Gensler’s private msgs
11.7.2024
Judge Katherine Polk Failla said she would hear from SEC and Coinbase lawyers on July 15 whether SEC Chair Gary Gensler’s private communications on crypto were fair game
Senate Committee Discusses Strong Federal Oversight of Crypto Markets
11.7.2024
The Senate Committee on Agriculture, Nutrition, and Forestry held a hearing on Wednesday where Chairwoman Senator Debbie Stabenow stressed the urgent need for robust regulation in the crypto market. The discussion focused on investor protection, market integrity, and the necessity of federal...
Binance CEO: Crypto Prices May Fluctuate but Fundamentals Are Strong
11.7.2024
Binance CEO Richard Teng has highlighted the significant interest in bitcoin and other cryptocurrencies, noting that U.S.-listed bitcoin exchange-traded funds (ETFs) had attracted over $14.7 billion in net inflows over the past six months. Teng emphasized the industry’s robust long-term...
Glassnode Report Says Bitcoin Market Structure Remains Strong Amid Steep Decline
10.7.2024
Bitcoin has experienced its steepest decline in the current cycle, trading over 26% below its all-time high (ATH), according to onchain analysis firm Glassnode. This contraction has significantly affected short-term holders, with over 2.8 million BTC now below their acquisition price. Bitcoin...
Plus: The First Descendant debuts (notably!) strong on Steam
5.7.2024
Also: Once Human and Anger Foot loom on the 'new game' horizon
Cardano (ADA) price set for recovery with strong investor optimism
2.7.2024
Cardano, one of the most popular cryptos, is showing signs of recovery. To complete the shift, the token will need support from investors and the market. If Cardano manages to register a hike, its unprofitable supply of 1.7 billion tokens can turn profitable. According to the latest ADA forecast...
Gamers Are Reeling From Erdtree's Difficulty, The Switch Is Going Out Strong, And More Of The Week's Takes
23.6.2024
This past week gave us no shortage of things to talk about, from just how strong the final year of the Nintendo Switch is looking to just how absurd the latest Acolyte controversy is. We’ve also got a hands-on with the gorgeous Dragon Quest 3 remake and impressions of the great mafia-themed...
Ether ETF's Lack of Staking Won't Dampen Strong Institutional Demand, 21Shares' Ophelia Snyder Says
18.6.2024
Prospective providers of spot ether ETFs in the U.S. removed the provisions for staking from their applications to avoid potential regulatory roadblocks
Zksync’s ZK Token Debuts With $932M Valuation, South Korean Market Shows Strong Interest
17.6.2024
Zksync’s token, known as ZK, is currently trading at a value 19% below its initial price of $0.321 during early morning sessions. The new cryptocurrency’s market valuation stands at $932.14 million, with each ZK token trading at $0.2575. This positions ZK among the top 100 largest market...
VeChain Q1 2024: Strong Treasury fuels blockchain growth
13.6.2024
The VeChain Foundation, one of the leading members of blockchain and digital asset integration, has released the Q1 2024 Treasury Report. This release is important because it comes at a crucial stage when blockchain technology is starting to receive more attention in traditional markets. The recent...
Bitcoin Premium in South Korea Increases, Reflecting Strong Local Demand
9.6.2024
After falling below $70,000, bitcoin has stabilized above the $69,000 mark. In contrast, South Korea has seen a notable rise in the premium for bitcoin. South Korea’s Bitcoin Premium Rebounds After Hitting Recent Low Recently, bitcoin (BTC) saw its infamous premium in South Korea drop below...
Can Bitcoin close above $70K amid strong labor market?
7.6.2024
Stronger-than-expected employment data could put more downward pressure on Bitcoin price. Are ETF inflows enough to get a weekly BTC close above $70,000?
3 reasons why Ethereum price remains strong against Bitcoin
31.5.2024
Ethereum price strengthens in its ETH and BTC pair as investors await spot ETH ETF to start
Apu Memecoin Soars, Reaching 11,600 Token Holders with Strong Community Support
27.5.2024
PRESS RELEASE. Apu Apustaja, a new memecoin making waves in the industry, has announced impressive support from its rapidly growing community, including over 11,650 coin holders and more than 13,000 Telegram channel members. Leading a revolution in the sector, which sees frog memecoins replacing...
Arbitrum Community Supports Proposal to Allocate 200M ARB to Web3 Game Development
27.5.2024
The Arbitrum community is showing strong support for a governance proposal that aims to allocate 200 million ARB tokens to web3 game development.
The post Arbitrum Community Supports Proposal to Allocate 200M ARB to Web3 Game Development appeared first on Cryptonews
Bitcoin Technical Analysis: BTC’s Uptrend Held Back by Strong Resistance at $70K
27.5.2024
As of May 27, 2024, bitcoin is trading at $68,457 with a market capitalization of $1.34 trillion. The leading crypto asset has experienced an intraday price range of $68,308 to $69,340 with a 24-hour trade volume of $10.74 billion. Bitcoin The short-term analysis based on BTC’s 1-hour chart...
Bitcoin Price Prediction with $80K on the Horizon – Will BTC Rally Soon?
24.5.2024
Bitcoin struggles at $67,824 amid strong US economic data, with investors eyeing Fed comments and upcoming reports for cues on a potential rally to $80K.
The post Bitcoin Price Prediction with $80K on the Horizon – Will BTC Rally Soon? appeared first on Cryptonews
US House Bucks SEC Warnings, Passes Pro-Crypto Legislation FIT21 with Strong Support
23.5.2024
The US House on Wednesday voted in favor of crypto-friendly legislation (FIT21) that would hand control of cryptocurrency oversight to a government agency seen as more favorable to the industry.
The post US House Bucks SEC Warnings, Passes Pro-Crypto Legislation FIT21 with Strong Support appeared...
Strong Bitcoin ETF inflows boost BTC stability, says Bitfinex
22.5.2024
Bitcoin ecosystem recorded consistent high daily closes, massive BTC outflows from crypto exchanges and inflows into the spot Bitcoin ETF market