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Kraken to suspend trading for USDT, DAI, WBTC, WETH, and WAXL in Canada
27.10.2023
According to customer emails, the changes will go into effect starting Nov. 30
Audits and rug-pulled projects, a $650B token burn, and major DeFi protocol quits UK: Finance Redefined
27.10.2023
Uniswap’s founder burned $650 billion of HayCoin, amounting to 99% of the token’s supply
Tech Enthusiasts Are Eagerly Awaiting This AI-Powered Crypto Platform – What’s the Buzz?
27.10.2023
As 2023 unfolds, the intersection of Artificial Intelligence (AI) and cryptocurrencies is becoming more than a talking point among tech enthusiasts—it’s turning into a distinct market category. Following sizeable investments from major technology players like Microsoft, interest...
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...
Why SCORP is a Better Investment Than MATIC and ADA Now
27.10.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. 2023 is in its last quarter. Yet, MATIC and ADA haven’t given investors a reason to be optimistic. The two tokens have plunged 33.79% and 31.17% over a year, hinting at saturation....
UK Issues Over 200 Alerts Against Crypto Firms Allegedly Breaking Promotion Rules
27.10.2023
Britain’s Financial Conduct Authority (FCA) has issued hundreds of alerts regarding companies “illegally promoting crypto assets to U.K. consumers.” The regulator also highlighted several “common issues” with crypto promotions it has identified since it imposed stricter marketing rules earlier this...
UK Lawmakers Roll Out Legislation to Seize Cryptocurrencies Used for Illegal Purposes
26.10.2023
The UK Parliament has passed a bill that allows law enforcement authorities to seize cryptocurrencies associated with illicit activities. This includes investment scams, hacks, terrorism financing, money laundering, and drug trafficking. Per an official announcement on its website, the new bill...
SBF grilled in court on deleted messages during testimony
26.10.2023
The disgraced crypto executive claimed that he merely acted on various lapses in the company's data retention policy
Staking Crypto Yields Hit Historic Low as Proof of Stake Networks See Rising Stake Rates – What’s Going On?
26.10.2023
As proof of stake networks see a surge in stake rates, a consequent plummet in staking yields is concerning investors and market watchers. According to a third-quarter report from Staked, a subsidiary of the Kraken exchange, the average staking yield for the top 35 stakable cryptocurrencies...
Investor Greed Increases Amid Bitcoin ETF Anticipation
26.10.2023
With bitcoin trading higher amid rising anticipation of a spot bitcoin exchange-traded fund (ETF) approval in the U.S., investor moods have clearly shifted. The index measuring the balance between fear and greed emotions of participants in the crypto market entered the green zone of the scale this...
Crypto reshapes the American dream for younger generations: Report
26.10.2023
Young Americans are actively exploring fresh economic prospects independent of an obsolete financial system supported by sluggish institutions, according to a Coinbase report
8 Best Real-World Asset Tokens to Buy in 2023
26.10.2023
Real-world asset tokens are a growing trend in the cryptocurrency market. They represent tokenized projects with a tangible presence in the physical world – ensuring solid utility and use cases. This guide explores the best real-world asset tokens to buy right now. Read on to discover...
FTX Estate Initiates Second Tranche of Crypto Transfers, Shifting Millions to Centralized Exchanges
26.10.2023
On Thursday, the analytics firm Peckshield alerted the community to another transfer of crypto assets from FTX wallets to centralized exchanges. Nearly $20 million in digital currencies were moved after the estate transferred $8.6 million in cryptocurrencies to Binance earlier in the day....
Gary Gensler teases details of SEC's $5 billion take from enforcement actions, shades crypto
26.10.2023
Gensler revealed that the SEC took 780 enforcement actions, including 500 standalone cases, and distributed $930 million to harmed investors
Galaxy Expects Spot Bitcoin ETF to Push BTC Up by 74% in First Year
26.10.2023
A spot-based bitcoin exchange-traded fund (ETF) would attract significant capital and boost the price of BTC by 74% in the first year after launch, according to Galaxy Digital. The estimate comes amid rising anticipation that the U.S. securities regulator will approve one or more of the proposals...
Bitcoin Price Prediction: BTC’s 25% Rise, Halving, ETF, FCA Stance & USD Data
26.10.2023
In the intricate world of cryptocurrencies, Bitcoin price continues to maintain its dominance, both in market cap and in the headlines. Currently priced at $34,745, it reflects a promising 2.06% surge on Thursday alone. As the market buzzes with anticipation for the impending Bitcoin halving,...
Pro-Ripple lawyer predicts prolonged legal battle, hints at settlement factors
26.10.2023
John Deaton says there has not been "a single serious conversation" about a potential settlement between Ripple, Brad Garlinghouse, Chris Larsen and the SEC
Bitcoin dominance hits 54% — Highest in 2.5 years as BTC halving approaches
26.10.2023
BTC market dominance hovered around 80% during the 2017 bull market but slumped to the 50%–60% range during the 2021 bull market, at times even dipping below 50%
Binance Blasts CFTC for Trying to Be World’s Derivatives Police, Seeks to Dismiss Lawsuit
26.10.2023
Binance has submitted a new motion to dismiss the lawsuit filed by the U.S. Commodity Futures Trading Commission (CFTC) against it. The leading cryptocurrency exchange urges the court to reject the agency’s attempt to expand its territorial reach beyond the United States. Binance Accuses CFTC...
North America Is Largest Crypto Market Despite Regulatory Uncertainty, Chainalysis Reports
25.10.2023
North America leads in terms of cryptocurrency usage despite the ongoing regulatory uncertainty, blockchain forensics firm Chainalysis revealed. Meanwhile, stablecoin-related activity has been decreasing with users shifting away from U.S.-based services. The region’s share in decentralized finance...