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What Developments Should Traders Watch As Bitcoin Trades Range-Bound?
25.10.2023
Source: Pexels
Bitcoin price managed to avoid sharp volatility today, trading within a relatively narrow range.
The world's largest digital currency by market value fluctuated between roughly $33,800 and $34,400 today, according to BTC/USDT Coinbase data provided by TradingView.
This took...
Hong Kong’s SFC Moves to Update Crypto Market Regulations Following New Market Developments
21.10.2023
Hong Kong's Securities and Futures Commission (SFC) has announced plans to update its framework on cryptocurrency sales and requirements amid the evolving market development of the digital asset industry.
In the regulator’s upcoming amendment notice published on October 20, five major parts were...
Hong Kong securities regulator updates crypto policies, citing market developments
20.10.2023
The notice came more than a month after more than a thousand users reported losses from the JPEX crypto exchange
Bitcoin Cash’s recent developments: Why you should keep an eye on it
17.10.2023
Having seen marked growth due to its unique and cutting-edge technology, Bitcoin Cash (BCH) has recently captured a great deal of attention in the cryptosphere. Hence, this article explores and evaluates the network’s most recent progressions, the integration of BCH as a gaming and wagering...
Binance US CEO Is ‘Taking Deserved Break,’ CZ Seeks to Downplay Executive Exodus
17.9.2023
Binance founder Changpeng Zhao has commented on the latest executive departures from his company’s American branch. The changes in the U.S. crypto trading firm’s management, including the release of its chief executive, followed similar developments at the global exchange. CZ Urges Followers...
Growing Institutional Appetite for Crypto in Asia Amid Regulatory Developments
13.9.2023
Institutional adoption of digital assets in Asia is gaining momentum as regulatory clarity improves in the region.
During Korea Blockchain Week, industry insiders revealed that South Korea, Hong Kong, Japan, and Singapore are actively seeking opportunities in the crypto space, according...
Report: Former FTX Co-Chief Ryan Salame Contemplates Guilty Plea
7.9.2023
According to insiders who reached out to Bloomberg, there are intriguing developments surrounding Ryan Salame, the former co-chief executive of FTX Digital Markets. The buzz is that he is gearing up to admit guilt in response to criminal charges. This marks a significant shift from his earlier...
Edelcoin: A Stablecoin Revolution
30.8.2023
In the rapidly evolving world of cryptocurrencies, stablecoins have emerged as a beacon of stability amidst the volatility of digital assets like Bitcoin and Ethereum. Stablecoins are digital currencies anchored to a diversified asset, such as fiat currency or different commodities like gold....
Heatwave and Debt: Laos Suspends Crypto Mining Operations Amid Rising Power Demands
26.8.2023
In recent developments, Electricite du Laos (EDL) announced on August 24 that the power company shut down cryptocurrency mining activities. This decision came after this summer’s unprecedented heat surge escalated electricity demands. Furthermore, these mining operations have reportedly been...
13 developments that could kindle the public’s interest in the crypto industry
10.8.2023
A combination of trends already underway and deliberate industry action could lead to crypto’s watershed moment in terms of public adoption
Bitcoin Price Prediction: BTC Slips 2% Amidst SEC Lawsuit and Political Developments
1.8.2023
On Tuesday, the trading value of Bitcoin dropped by nearly 2% to $28,912 amidst significant developments in the cryptocurrency landscape.
The SEC's lawsuit against Richard Heart, the mastermind behind Hex, alleging the sale of unregistered securities worth $1 billion, has raised regulatory...
Russian President Vladimir Putin Criticizes the ‘Use of the Dollar as a Political Weapon’
29.7.2023
Russian President Vladimir Putin has railed against using the dollar as a political weapon in a meeting with the New Development Bank’s president, Dilma Rousseff. Putin stated that this weaponization and the recent developments in global finance complicated the institution’s growth...
Bitcoin Price Prediction: USD Strengthens on Q2 GDP Release, BTC Reacts to Market Developments
28.7.2023
In the dynamic world of cryptocurrencies, the price of Bitcoin stands at $29,270, registering a decline of nearly 1% on Friday.
As the market evolves, various factors come into play, influencing Bitcoin's trajectory. Grayscale's recent call on the SEC to approve all Bitcoin ETFs simultaneously...
Russian Regions Welcome Digital Ruble Developments – But When Will CBDC Debut?
27.7.2023
Russian regions are welcoming news that the nation’s digital ruble pilot is set to officially launch on August 1, but banks and officials claim that a full CBDC rollout may not come until 2027.
Ludmila Panina, the head of the payment systems and settlements department at the Chelyabinsk Branch...
Japanese Gaming Giant Sega to Pull Support From ‘Boring’ Blockchain Games
11.7.2023
Sega, one of the biggest game developers in Japan, has recently announced changes regarding its blockchain and Web3 gaming policy. The company announced it would not involve its largest franchises in blockchain initiatives, avoiding a possible devaluation of its intellectual properties (IPs)...
FraXion Launches First Security Token Offering in the USA
6.7.2023
PRESS RELEASE. Randolph & Main Capital Group (RMCG) has announced the launch of FraXion (FRXN). It is one of the first debt Security Tokens aimed at retail investors who wish to invest alongside institutional investors in the most sought-after real estate developments in the United States....
Microstrategy Expands Bitcoin Position With $347 Million Investment, Pushing Total Holdings to 152,333 BTC
28.6.2023
Microstrategy has purchased 12,333 more bitcoin for about $347 million, growing its cryptocurrency holdings to 152,333 btc. The Nasdaq-listed software company’s announcement came amid a series of positive developments in the crypto industry. Microstrategy Adds 12,333 Bitcoin to Its Holdings...
AX1 Syndicate Research on Global Regulatory Dynamics for Crypto
27.6.2023
PRESS RELEASE. The AX1 syndicate has conducted an in-depth review of the latest legal developments in the cryptocurrency space, with particular attention to the regulations, exchanges, and tax implications for both the European Union and the United States. This review aims to illuminate...
Lawyer Seeks Reopening of Onecoin Case in Bulgaria, Seizure of Assets
23.6.2023
A lawyer representing Onecoin victims has urged Bulgarian authorities to reopen an investigation into the crypto pyramid scheme and seize assets to compensate his clients. The attorney is asking officials in Sofia to take into account developments he considers related to the case, including...
Biggest Movers: ADA, MATIC Plunge by Nearly 25%, Following Robinhood Delisting
10.6.2023
Cardano fell by over 25% on Saturday, as traders continued to react to the token being delisted from the Robinhood platform. The global cryptocurrency market cap is currently down by nearly 6%, following these developments. Polygon, which was also delisted, dropped to a one-year low to start...