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How Ethereum’s SEC-approved dominance is revolutionizing the crypto market
27.10.2023
The latest tidal wave of interest and funding within the crypto sphere has unveiled many opportunities, demanding situations, and dynamic shifts in market leadership. At the forefront of this evolution stands Ethereum, signaling its intrinsic technological prowess and newfound regulatory...
Kraken to Release User Data to IRS in Compliance with June Court Mandate
27.10.2023
Kraken will provide user data to the IRS after a legal battle over crypto tax reporting. Image by Michael O’Keene, Adobe Stock.Major U.S. cryptocurrency exchange Kraken will provide limited user information to the Internal Revenue Service (IRS) next month following a court order received...
Bitcoin Price Prediction as BTC Retraces to $34,000 Support – When is the Next Leg Up?
27.10.2023
Bitcoin price prediction has become the talk of the crypto community as BTC recently retraced to a crucial $34,000 support level. Amidst an array of fundamental changes in the cryptocurrency landscape, from the U.S. SEC’s ongoing review of Bitcoin ETP proposals to the U.K.’s stringent...
Crypto Expert Says Withdraw From Binance Now – Is It FUD?
27.10.2023
A crypto expert has urged his customers to withdraw their crypto from the world’s largest cryptocurrency exchange Binance as soon as possible, telling them that “what we’re hearing about Binance is abnormal”. As reported in a tweet on X by Simply Bitcoin, the CEO of crypto...
Bitcoin Skyrockets, Yet South Korea Experiences a ‘Kimchi Discount’ Instead of the Usual Premium
27.10.2023
Bitcoin has soared, doubling its value since the start of the year. Yet, intriguingly, the famed “Kimchi premium” in South Korea remains absent in this current surge of bullish activity. This is a notable deviation from previous bull markets, where the phenomenon was prominently...
Biggest Movers: TON Leads Bears, as Price Nears Fall Below $2
27.10.2023
Toncoin was a notable mover on Friday, as the cryptocurrency edged lower for a second straight session. Price fell by as much as 4% earlier in the day, as price approached a breakout below the $2.00 mark. On the other hand, solana continued to trade around the $33.00 mark. Toncoin (TON) Toncoin...
Prosecutors Probe Sam Bankman-Fried’s Memory in FTX Case Without Jury
27.10.2023
Federal prosecutors questioned Sam Bankman-Fried in an ongoing hearing on Wednesday about his message deletion practices and the alleged use of customer funds while he was CEO of now-bankrupt crypto exchange FTX. FTX Founder Faces Intensive Cross-Examination by Prosecutors in Ongoing Trial...
PEPE soars, community praises Ripple CTO’s cryptic X post
27.10.2023
David Schwartz, the Chief Technical Officer of Ripple, has sparked a rising interest in the minds of PEPE coin holders. This pertains to an X, formerly Twitter, post that David shared on his profile recently. It was a depiction of a frog sitting in the middle of flowers in a lake. The community...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Ahead of US Consumer Sentiment Report
27.10.2023
Bitcoin slipped below the $34,000 level earlier in today’s session, ahead of the upcoming consumer sentiment report in the United States. Data on Thursday showed that the U.S. economy grew at a rate of 4.9% in Q3, largely driven by consumer spending. Ethereum moved below the $1,800 level...
What cryptos to choose for late 2023?
27.10.2023
The crypto market is still uncertain, and many investors are confused about whether it is the right time to buy or sell. Although the crypto market has always bounced back from a bearish period, every bear phase has casualties that may not experience a strong recovery. Hence, investors must conduct...
Kaspersky Unveils Powerful Malware Posing as Crypto Miner Infecting Over 1 Million Computers
27.10.2023
Global cybersecurity and digital privacy firm Kaspersky’s researchers have discovered highly sophisticated malware affecting over a million victims since 2017. The malware – “StripedFly” – initially masqueraded as a cryptocurrency miner and was later found to be...
Turkey Projects Finalization of Cryptocurrency Taxes by Next Year
27.10.2023
Turkish government intends to establish a regulatory framework for crypto assets, including plans to tax these digital assets, starting 2024. The regulatory measure came as a part of the government’s 2024 Presidential Annual Program, unveiled on Wednesday. The translated document sheds light...
XRP’s rebound: Charting the future against the US Dollar
27.10.2023
XRP and several other digital currencies have benefited from the recent surge in Bitcoin prices, driven by the introduction of exchange-traded funds (ETFs). Currently, the XRP chart displays a significant increase in its price, signifying a strong buying trend. This uptick aligns with the overall...
Vitalik Buterin backs Nocturne Labs’ vision for private Ethereum accounts
27.10.2023
Nocturne Labs, a blockchain startup dedicated to enhancing the privacy and security of Ethereum transactions, recently announced its successful completion of a $5 million funding round. The company has gained recognition in the industry for its innovative approach to creating private...
Parity Technologies layoffs raise concerns about Polkadot’s future
27.10.2023
Parity Technologies recently announced laying off 30% of its staff. This roughly equates to 100 employees. There are two sides to this story: employees are claiming that Parity is trying to save itself from financial struggles, and the company is claiming that it is part of the process...
No Evidence Hamas Received Significant Crypto Donations: Elliptic Says Data Has Been Misrepresented
27.10.2023
Blockchain analytics firm Elliptic says there is no evidence that Hamas has received significant volumes of cryptocurrency donations, emphasizing that crypto data it provides on the matter has been misrepresented. Noting that crypto accounts linked to Hamas have been seized or frozen, Elliptic...
Cardano update 2023: Key insights for investors and users
27.10.2023
Cardano, a prominent blockchain platform, has garnered significant attention due to its resilience, extensive capabilities, and strong academic foundation. As a decentralized third-generation proof-of-stake blockchain network, Cardano is also the home for the ADA cryptocurrency. Cardano stands...
BTCC Exchange Launches Futures Copy Trading with High-Profit Sharing
27.10.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Established in 2011, BTCC exchange is one of the longest-running and most trustworthy cryptocurrency exchanges. The company has recently announced the launch of its highly anticipated copy...
Missed BINANCE Don’t Missed OTX-Open Trade Exchange
27.10.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. In a dynamic twist to the ever-evolving cryptocurrency market, a new player has emerged on the scene — OTX Exchange. Positioned as a formidable competitor to the industry titan...
Report: Crypto Custodians Are Evolving to Provide More Services
27.10.2023
A report issued by Ccdata, a digital asset-focused research firm, describes that crypto custodians have been evolving to introduce new use cases for their institutional customers. These new use cases include staking services, tokenized real-world assets (RWA) custody, and investment product-related...