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Wintermute Reports 400% Surge in OTC Crypto Trading Volumes for 2023
10.1.2024
Source: Wintermute Wintermute has reported a staggering 400% increase in over-the-counter (OTC) trading volumes for the year 2023 in the midst of a challenging year for crypto exchanges.In the latest report of its OTC performance, the crypto market maker and liquidity provider Wintermute revealed...
SEC Faces Backlash from Crypto Leaders for Erroneous Bitcoin ETF Tweet
10.1.2024
Source: Adobe/Kristina Blokhin The Securities and Exchange Commission (SEC) has found itself in hot water after an unauthorized tweet on its official account suggested that spot Bitcoin exchange-traded funds (ETFs) had been approved. The incident, which caused significant volatility in the crypto...
Binance Reveals AI Tokens Outperform BTC and ETH With up to 650% Yearly Gains
10.1.2024
Source: AdobeStock / Limitless Visions Binance Research has found that artificial intelligence (AI) coins in 2023 saw notably larger gains than crypto giants bitcoin and ethereum. At the same time, funding for AI-related Web3 projects has surged. According to a report by the research arm of...
Solana Price Prediction as Developer Activity Hits New High – A Bullish Signal for SOL?
10.1.2024
The Solana price has dropped by 3% in the past 24 hours, slipping to $97.37 on a day when the wider crypto market has fallen by 0.5%. SOL has now fallen by 10% in a week and by 14% in the past fortnight, yet the altcoin remains up by an impressive 41% in the last […]
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Australian Government Official to Question Regulator Over Its Failure to Warn Crypto Investors
10.1.2024
The Australian government’s assistant treasurer, Stephen Jones, has stated his intention to query the country’s securities regulator over its failure to warn investors about the risks of investing in the now-collapsed crypto investment firm Hyperverse. Jones stated that a “bunch”...
BONG Token Is Up 42,500% as This Other Crypto Prepares to Launch on Exchanges
10.1.2024
As DEX-traded tokens continue to post earth-shattering rallies, BONG token has seen a +20,000% BONG price explosion, and now traders are gravitating to the other crypto project. This comes as recent months have seen a huge trend in explosive DEX-traded token moves, with countless moon-shots...
Turkey Will Conclude Technical Studies for Crypto Legislation Soon: Finance Minister
10.1.2024
Under draft proposals, crypto firms will be required to obtain licenses from the country’s capital markets regulator
About 10 Fund Companies Preparing to Launch Spot Crypto ETFs in Hong Kong: HashKey Group
10.1.2024
Source: iStock/Onfokus While 13 Bitcoin spot ETFs await approval from the US SEC, the Chief Operating Officer of HashKey Group, Livio Weng, has revealed that about ten fund companies are currently preparing to launch Virtual Asset Spot Exchange-Traded Funds in Hong Kong. Weng said that seven...
FINRA’s 2024 Report Highlights Emergence of Crypto-Related Compliance Risks
10.1.2024
Source: Adobe American self-regulatory body, the Financial Industry Regulatory Authority (FINRA), has added crypto considerations for companies to its annual oversight report, released Tuesday. ???? We've published the 2024 FINRA Annual Regulatory Oversight Report to share key insights...
Cybersecurity Risks in the Cryptocurrency Industry
10.1.2024
Source: iStock / JuSun The US Securities and Exchange Commission (SEC) social media account being compromised is concerning. Impersonations and hacks are nothing new in the cryptocurrency space but could the hack have been avoided? After the post, the SEC started an internal market manipulation...
Bitcoin in 2024: A Comprehensive Outlook for Crypto Traders
10.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. As the New Year starts, people in the cryptocurrency world are excited and talking a lot about what might happen with Bitcoin (BTC) in 2024. The year 2023 was a bit crazy, with rules changing,...
VC Chamath Palihapitiya States Bitcoin Is Ready to Cross the Chasm in 2024
10.1.2024
Chamath Palihapitiya, venture capitalist and CEO of Social Capital, explained that 2024 will be the year for bitcoin to “cross the chasm” and become a mainstream asset. Palihapitiya believes that the approval of an upcoming slew of spot ETFs will power bitcoin to become part of...
Binance, KuCoin, Other Exchanges, Served Notice by Indian Government Removed From Apple’s App Store
10.1.2024
Apple has removed Binance, KuCoin and other offshore cryptocurrency exchanges from its India app store days after nine such entities were sent compliance show cause notices by the Indian government
Bitcoin.com News Expands Global Reach With Spanish and Russian Versions of Site
10.1.2024
In a nod to the ever-growing global impact of cryptocurrencies, Bitcoin.com News has launched Spanish and Russian versions of its site, aiming to provide non-English speakers with the latest in crypto news and insights. Spanish and Russian Speakers Gain Direct Access to Crypto News as Bitcoin.com...
How to increase your crypto assets with minimal risks?
10.1.2024
The CoinDepo platform offers a wonderful compound interest feature that enables users to increase their cryptocurrency and stablecoin savings by earning passive guaranteed yearly income. All they need is to deposit digital assets into the platform and wait. Learn the details. A savings account...
Apple Store Removes Binance and Other Global Exchanges’ Apps in India Amid Wider Crackdown
10.1.2024
Source: Pexels The mobile applications of several global cryptocurrency exchanges, including Binance, Kraken, Mexc, and Kucoin, have disappeared from Apple’s App Store in India. This move comes within two weeks of these exchanges being flagged for operating “illegally” in...
Crypto OTC Volumes on Wintermute Soared 400% in 2023
10.1.2024
Market maker says the uptick in over-the-counter trading was due to volumes moving off-exchange
Former SEC Official Blasts Spot Bitcoin ETFs as Recipe for ‘Financial Ruin’
10.1.2024
The U.S. Securities and Exchange Commission’s former head of internet enforcement has warned about investing in spot bitcoin exchange-traded funds (ETFs), which the SEC is expected to approve on Wednesday. He cautioned that spot bitcoin applicants are “nothing more than an opportunistic...
Mad Money Host Jim Cramer Says ‘Bitcoin Is Topping Out’
10.1.2024
Jim Cramer, the host of CNBC’s Mad Money show, says bitcoin is topping out. He recently said bitcoin cannot be killed, emphasizing that “It’s a technological marvel, and people have to start recognizing that it’s here to stay.” Cramer’s remarks followed...
Ukrainian Central Bank Says ‘Crypto Isn’t Money,’ Vows to Regulate Sector
10.1.2024
Source: Bumble Dee/Adobe The National Bank of Ukraine (NBU) has stated that crypto “is not money,” and has reaffirmed its intention to regulate the sector – using EU law as a benchmark. The comments were made by the First Deputy Governor of the NBU Kateryna Rozhkova in a TV interview with...