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Bitcoin ETFs Post $900M in Net Outflows This Week
21.6.2024
Thursday marked the fifth straight day of net outflows for the U.S.-listed ETFs in their worst performance since mid April
Italy Proposes Stringent Measures to Tackle Crypto Market Manipulation
21.6.2024
Italy is taking steps to enhance surveillance of crypto assets and address associated risks. According to a draft decree reviewed by a news agency, the plan includes imposing high fines on those who manipulate the market. The fines range from $5,400-$5.4 million (€5,000 to €5 million) for offenses...
UK Crackdown: Illegal Crypto Exchange Operators Arrested in £1 Billion Trading Bust
21.6.2024
The UK Financial Conduct Authority (FCA), in collaboration with the Metropolitan Police Service, conducted an operation leading to the arrest of two individuals, aged 38 and 44, suspected of running an illegal crypto asset exchange. It is believed that over £1 billion of unregistered crypto assets...
Report Claims Jump Trading Under CFTC Probe for Crypto Activities
20.6.2024
The Commodity Futures Trading Commission (CFTC) has initiated an inquiry into the cryptocurrency activities of Chicago-based Jump Trading, according to a report by Fortune’s Leo Schwartz. This investigation forms part of a larger regulatory review, though it does not suggest any wrongdoing...
Stablecoin Transfer Volumes Increase Tenfold in 4 Years, Reaching $1 Trillion Monthly
20.6.2024
According to statistics from Token Terminal, monthly stablecoin transfer volumes have multiplied ten times over the past four years, increasing from $100 billion to $1 trillion per month. Data Highlights Explosive Growth in Monthly Stablecoin Transfers In recent years, stablecoin assets have gained...
Dogecoin Traders Appear to Short Token as Meme Coin Frenzy Eases
20.6.2024
DOGE funding rates are starting to flip negative, data shows, as traders move away from riskier assets amid low volatility in the broader crypto market
AI Tokens Led by FET, AGIX Surge as Nvidia Zooms to Become World’s Most Valuable Company
20.6.2024
The AI-linked token sector has risen 14% in the past 24 hours, data shows, outperforming other sectors
ASX’s first Bitcoin ETF taps $1.3M volume on first trading day
20.6.2024
The first Bitcoin ETF on Australia’s main stock exchange traded 96,476 shares throughout the day
Forex Expo Dubai set to be world’s largest online trading event with over 15,000 attendees
20.6.2024
Forex Expo Dubai is gearing up to host over 15,000 attendees from more than 50+ countries, solidifying its position as the largest event of its kind this year. Scheduled to take place once again in Dubai on October 7-8, 2024, this underscores Dubai’s enduring role as a global hub driving...
Philippine SEC Warns Against Skyline Crypto and Dry Goods Trading Investments
20.6.2024
The Securities and Exchange Commission of the Philippines issued an advisory on Wednesday to inform the public that Skyline Crypto and Dry Goods Trading is not authorized to solicit investments from the public. The company has been offering investment opportunities online, promising returns of...
QCP Capital Cites ‘Lack of News Flow’ for Bitcoin’s Price Decline Amid Market Doldrums
19.6.2024
On Wednesday at 11 a.m. EDT, bitcoin hovered just around the $65,000 mark. QCP Capital published its market commentary, attributing the downturn in the crypto economy to a lack of news flow and stagnant markets. In such a market, with minimal positive news to spur buying, existing crypto holders...
XRP price could break out as open interest increases
19.6.2024
Despite a potential breakout, XRP’s price remains tied to developments regarding the lawsuit between the SEC and Ripple
German Government Agency Moves $425M Bitcoin, Some to Crypto Exchanges
19.6.2024
Arkham has identified the entity as an address belonging to the German Federal Criminal Police Office, which had seized almost 50,000 BTC from a piracy site
Bitcoin Whales Sold Over $1B BTC in Past Two Weeks: CryptoQuant
19.6.2024
The selling coincides with net outflows from U.S.-listed bitcoin ETFs in the same period, data shows
Martin Shkreli Says He is Behind Trump-Linked DJT as ZachXBT, GCR Start Poking Around
19.6.2024
The relatively new token created ripples in the crypto community on X this week over its supposed existence as the “official” Donald Trump token. But it turns out one of its biggest loudmouths was behind its issuance
Analyst: Bank of Thailand Boosts Gold Reserves to Push De-Dollarized Trading System Fueled by CBDC
19.6.2024
The Bank of Thailand might be increasing its gold reserves to power a de-dollarized trading system, according to Jan Nieuwenhuijs, a gold market analyst. Nieuwenhuijs states that the Bank of Thailand’s constant gold purchases might indicate the nation is preparing to address the possible...
Brazil’s tax dept to summon info from foreign crypto exchanges: Report
19.6.2024
The Federal Revenue of Brazil is publishing an ordinance this week to look for any potential “illegality” and info on what Brazilians may be owing in tax
Retail crypto market growth in Canada driven by market factors, regulation
18.6.2024
Crypto platform WonderFi has swallowed up several of its competitors in Canada and expects to reap the benefits
Dydx Chain Launches New Software Version, Adds Slinky Oracle for Real-Time Price Updates
18.6.2024
The decentralized finance (defi) protocol, Dydx, has officially launched version 5.0.0 of its blockchain software, introducing innovative trading features aimed at enhancing market dynamics and user control. This update, approved by the Dydx community, includes the implementation of isolated...
Crypto clicker games need real token use cases to be sustainable
18.6.2024
As Notcoin and Hamster Kombat continue to amass millions of users, experts question the long-term viability of crypto clicker games