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Best Crypto to Buy Now December 7 – BitTorrent, Helium, Beam
7.12.2023
BTT, HNT, BEAM, BTCMTX, and TG stand out as the best crypto to buy now in December 7. Image by cryptonews.com. Major cryptocurrencies are consolidating following a Bitcoin (BTC)-led pump that saw Bitcoin hit fresh annual highs above $44,000 earlier in the week. Crypto markets have been pumping...
Is It Too Late to Buy BitTorrent? BTT Price Gains 100% as Telegram’s Latest Crypto Casino Attracts Big Players
7.12.2023
BitTorrent Token / Source: Adobe BTT, the token that powers BitTorrent’s suite of decentralized peer-to-peer file-sharing applications, saw an explosive more than 75% move higher on Wednesday. The move was driven by the time by an announcement that the Tron network, upon which the BTT token...
Is Sei Going to Zero? SEI Price Declines 10% as New Mining System Bags $5 Million in Crowdfunding Efforts
7.12.2023
Sei Logo / Source: Sei Website Digital asset trading focused layer-1 blockchain Sei (SEI) has seen its token price pull back over 12% in the past 24 hours. Sei, whose token debuted on major exchanges in August, was last trading just under $0.28 per token, down from the multi-month highs in...
Binance Will Lose Dominance After Plea Deal: Head of Digital Assets Research at VanEck
7.12.2023
Source: Adobe Binance, the largest cryptocurrency exchange in the world, is expected to lose its leading position following the guilty plea to US charges and a record $4.3 billion penalty. While the total market value of cryptocurrencies has surged by 12% or $180 billion in the past week, Binance...
JPMorgan’s Jamie Dimon Urges Government to Shut Down Bitcoin
7.12.2023
Source: a video screenshot During a Senate Banking Committee hearing on Capitol Hill, JPMorgan Chase CEO Jamie Dimon expressed his strong opposition to cryptocurrencies, specifically Bitcoin (BTC). Dimon’s remarks came in response to questioning from Senator Elizabeth Warren, where...
Zodia Custody Launches New Product to Facilitate Crypto Transfers and Trade Settlements for Institutional Investors
7.12.2023
Image Source: Pixabay Zodia Custody, a crypto custody firm backed by Standard Chartered, has announced the launch of a new product intended to facilitate seamless crypto transfers for institutional investors. Dubbed “Interchange Connect,” the offering aims to create a “network...
Florida Governor Ron DeSantis Says CBDC is a Direct Threat to Personal Freedom
7.12.2023
Image Source: AP Photo At a recent debate held at the University of Alabama, Republican candidates gathered to discuss various topics, including cryptocurrency regulation and Central Bank Digital Currency (CBDC). During the event, Florida Governor Ron DeSantis criticized the idea of a central bank...
Robinhood Launches Commission Free Crypto Trading App in EU
7.12.2023
Source: Adobe Robinhood is expanding its services in the European Union (EU) by launching commission-free crypto trading. The move comes just a week after the company made its international debut with stock-broking services in the UK. The Robinhood app, set to go live on Thursday, will enable...
Binance Announces Compensation For Traders Who Bought AEUR Stablecoin During 200% Surge
6.12.2023
Source: Pixabay Binance will compensate users who bought the Euro-pegged AEUR stablecoin during a recent 200% surge, the company said. In a blog post published Wednesday, the company said it would create a compensation plan for users who bought the stablecoin after its value surged nearly 200%...
Super-Majority of Bitcoin Holders Are Now Back in Profit + More News
6.12.2023
Source: AdobeStock / Who is Danny Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Super-Majority of Bitcoin Holders are Now Back in Profit – Glassnode ‘There is Room for BTC to Rally...
Digital Financial Giant Nubank Partners with Circle for USDC Integration
6.12.2023
Source: Circle / Twitter The Brazilian neobanking unicorn Nubank is furthering its crypto adoption journey by partnering with USDC issuer Circle. According to Circle’s press release, the partnership aims to extend USDC access to Brazilian Nubank customers. Nubank’s announcement added...
New Binance CEO Richard Teng Addresses Compliance Issues in First Interview
6.12.2023
Image Source: Binance Richard Teng, the newly appointed CEO of Binance, has faced a challenging debut during his first public interview. In an interview at the Financial Times’ Crypto and Digital Assets Summit in London, the crypto boss acknowledged that Binance’s compliance systems...
SocGen’s Own Stablecoin Set to Debut Trading on Bitstamp Exchange
6.12.2023
Source: AdobeStock / AUFORT Jérome French banking giant Societe Generale is listing its stablecoin, dubbed EUR CoinVertible, on the Luxembourg-based Bitstamp crypto exchange. EUR CoinVertible will be fully backed by Euros and issued on the Ethereum public blockchain, SocGen said in a release....
Hong Kong Monetary Authority Set to Launch Second Tokenized Green Bond in Coming Months
6.12.2023
Source: iStock/Onfokus The Hong Kong Monetary Authority (HKMA) is gearing up to introduce its second tokenized green bond, expected to be unveiled within the next few months. The government authority aims to leverage blockchain technology for increased efficiency and transparency in the redemption...
Japan to Exempt Companies From Unrealized Crypto Gains Tax – Report
6.12.2023
Source: Pixabay Japanese lawmakers discussed Tuesday on plans to exempt companies from paying tax on unrealized cryptocurrency gains. The proposal is set to be included in the fiscal 2024 tax reform plan. According to a Nikkei report, the proposal is being discussed by the country’s ruling...
Dogecoin Surges 10% in a Day as Popular Meme Coin Celebrates 10th Anniversary
6.12.2023
Source: AdobeStock / bizoo_n Dogecoin (DOGE) has gained more than 10% over the past day as the cryptocurrency celebrates its tenth anniversary, marking a decade since its inception. At the time of writing, the popular meme coin is trading at $0.09909, up by 10% over the past 24 hours, according...
South Korean Customs Service Swoops on Int’l ‘USDT-Gambling Ring’
6.12.2023
Source: Tatyana Maksimova/Adobe South Korean law enforcers are continuing to crack down on crypto-powered crime, with customs officials shutting down a suspected international gambling ring that used USDT. According to the broadcaster KBS, officers arrested seven people in raids, with one remanded...
Belarus Wants to Use Its CBDC to Evade Sanctions
6.12.2023
Source: christophe/Adobe Belarus wants to accelerate the launch of its CBDC as it looks to evade US and EU-led sanctions and let its firms trade with international partners. Per Belarus’ Ekonomicheskaya Gazeta, President Alexander Lukashenko could issue a CBDC-related verdict in the coming days....
5 Crypto to Accumulate Before 2024 Bull Run
6.12.2023
Crypto markets have begun December with a bang, with Bitcoin already up roughly 15% since the start of the month. Expected near-term spot Bitcoin ETF approvals, the upcoming Bitcoin halving and a growing macro narrative that the US Federal Reserve is on the brink of a so-called “dovish” policy...
Solana’s BONK Token Hits Record High Amid Crypto Surge
5.12.2023
Source: video screenshot / YouTube / BONK The Solana-based meme coin BONK is continuing to surge in the market, hitting an all-time high with a market capitalization close to $420 million on Tuesday. According to data from CoinGecko, the token had risen more than 21% just in the last 24 hours...