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South Korea’s Crypto Premiums Roar Back, Bitcoin Trades Nearly $1,300 Above Global Average
19.11.2023
Recent data reveals the crypto economy has experienced notable growth over the past month, with a substantial portion of its trading activity originating from South Korea. As an illustration, on Saturday, November 18, 2023, the Korean won accounted for 3.53% of all bitcoin (BTC) trades in...
Fading Interest for Privacy Cryptos Leads to $440M Market Dip in 2023
18.11.2023
Throughout 2023, numerous sectors within the cryptocurrency market have experienced gains. However, leading privacy-centric crypto tokens have lagged behind in performance compared to their counterparts. Since January, the market value of the privacy cryptocurrency sector has diminished by $440...
SEC Postpones Verdict on Global X Spot Bitcoin ETF, Cites Market Manipulation Concerns and Need for Public Insight
18.11.2023
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the Global X Bitcoin Trust’s application to list a spot bitcoin exchange-traded fund (ETF). The delay, announced on November 17, 2023, marks a continued period of uncertainty in the spot bitcoin ETF space. Global...
Fidelity Files 19b-4 for Spot Ethereum ETF, Aiming to Boost Investor Protection in Crypto Space
18.11.2023
The asset manager Fidelity has filed a 19b-4 with the Securities and Exchange Commission (SEC) to list a spot ethereum exchange-traded fund (ETF) on the Cboe BZX Exchange. The proposed ETF would hold physical ethereum (ETH) tokens and seek to track the Fidelity Ethereum Index, providing exposure...
Bitcoin Price Prediction as BTC Falls Below $36,500 – Where is the Next Support Level?
18.11.2023
In the ever-evolving world of cryptocurrency, Bitcoin (BTC) has experienced a slight retreat, now trading at $36,410, marking a 0.25% decrease on Saturday. This latest fluctuation comes amid significant developments in the crypto space. The IMF chief’s encouragement for the adoption...
AI-Driven Crypto Market Rebounds Back to $3 Billion Amid Surge in Leading Tokens
18.11.2023
In the early months of 2023, the AI-driven crypto market soared, reaching a peak of over $4 billion. Yet, by the end of July, this sector experienced a notable decline, dropping to $2.6 billion. Despite this downturn, the last three months have witnessed a recovery in the AI-focused crypto...
Move Over RollBit ($RLB), TG.Casino ($TGC) Raises $2.5m as Whales Rotate Into New Telegram GameFi Sensation
18.11.2023
Saturday November 18th 2023 – Move over Rollbit as GameFi sensation TG.Casino raises $2.5 million after raising $300,000 in one day, leaving less than 50% of $TGC tokens available to buy in its ongoing presale. The breakout of GameFi tokens such as Rollbit’s $RLB has been one of the...
South Africa Becomes the Sole African Nation to Adopt Crypto-Asset Reporting Framework
18.11.2023
South Africa is the only African country to join the group of countries that have agreed to implement the Crypto-Asset Reporting Framework. According to the South African Revenue Collector, the reporting framework is expected to improve its “ability to ensure tax compliance and clamp down...
Crypto wallet with zero connectivity: NGRAVE joins Cointelegraph Accelerator
18.11.2023
NGRAVE, a digital asset security provider, offers user-friendly, self-custody solutions that combine offline key creation with advanced recovery options for crypto users
People’s Bank of China Tests Digital Yuan Payment Integration in Hong Kong
18.11.2023
The People’s Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA) are in the second phase of the integration tests of the digital yuan for payments and cross-border transactions in Hong Kong. This new phase includes more banks and the ability to use the Fast Payment System to...
Argentina’s Presidential Candidate Sergio Massa Suggests Using Blockchain for State Finance Oversight
18.11.2023
Presidential candidate and Economy Minister Sergio Massa has proposed to develop a system to allow citizens to control and monitor state finance using blockchain tech in Argentina. At a recent presidential campaign rally, he declared that Argentines “should be able to control state accounts...
Cybersecurity expert backs Sen. Warren's crypto bill in senate hearing
18.11.2023
In a recent senate hearing, a cybersecurity professional openly endorsed Senator Elizabeth Warren's Digital Asset Anti-Money Laundering Act
Openai Shakeup: Sam Altman Out as CEO, Worldcoin’s WLD Plunges
18.11.2023
Following the announcement by Openai, a firm dedicated to artificial intelligence (AI), that Sam Altman is stepping down, Worldcoin, a crypto venture backed by Altman, experienced a 13.5% decline in its native asset WLD compared to the U.S. dollar. Openai, in an open letter addressed to the public...
IMF Chief Says Central Bank Digital Currencies Can Replace Cash — Urges Public Sector to Prepare for CBDC Deployment
18.11.2023
International Monetary Fund (IMF) Managing Director Kristalina Georgieva says central bank digital currencies (CBDCs) can replace cash. She has urged the public sector to “keep preparing to deploy CBDCs and related payment platforms,” emphasizing that these platforms “should...
Report: US Crypto Exchange Coinbase Fined for Refusing to Localize Russian Users’ Data
18.11.2023
The U.S. cryptocurrency exchange Coinbase was recently hit with a fine exceeding $11,000 by a Russian court. The fine stems from the crypto exchange’s refusal to comply with a law that requires foreign companies to localize data of their respective Russian users or customers. Localizing...
Fidelity Wants to Create an Ether ETF, Joining BlackRock in Doubling Down on Crypto
17.11.2023
Dogecoin Price Pumps on Moon Plans, But Is GROK For Real Or is $1.8m Meme Kombat the Best of the Meme Coin Bunch?
17.11.2023
Friday, November 17th, 2023 – The Dogecoin price is up 17% to $0.089 in a community-inspired surge, while new coin GROK hit a $200 million valuation before it was brought low by scam accusations and Meme Kombat raises $1.8 million, as meme coins strut their stuff. A plan by the Dogecoin community...
Crypto Platform Strike and Checkout.com Partner to Bring Bitcoin Buying to 65+ Countries
17.11.2023
Source: Pixabay / WorldSpectrum Bitcoin (BTC) wallet and payment platform Strike has partnered with Checkout.com to enable debit-card-based Bitcoin purchases in over 65 countries. Strike leverages Bitcoin’s lightning network to let users make instant and free cross-border fiat currency payments...
3 metrics DeFi traders can watch in order to spot the next crypto bull market
17.11.2023
TVL, fee revenue and wallet activity are just three metrics investors can use to assess the health of the DeFi sector
Bitget Releases Position Grids to Reshape Digital Asset Trading
17.11.2023
Source: AdobeStock / Rafael Henrique Cryptocurrency exchange, Bitget has launched position grids, a trading tool to enable users to take advantage of market fluctuations in a bid to scale up activities. In a recent press release, the exchange announced the integration of its trading tools to...