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Crypto Winter Is Over
30.10.2023
Binance Faces Market Share Decline as Crypto Market Surges – What’s Going On?
30.10.2023
Binance, the crypto exchange that for long has dominated global crypto trading, has seen its market share continue to decline even as the overall market has surged higher. The continued decline in market share for the world’s largest crypto exchange was pointed to in a recent opinion piece...
Indian Think Tank Urges WTO Members to Prioritize Crypto Discussions in E-Commerce Negotiations
30.10.2023
Indian think tank Global Trade Research Initiative (GTRI) is seeking to incorporate crypto discussions into the WTO e-commerce framework. India has asked the WHO member countries to include crypto-related issues while negotiating any agreement on the e-commerce sector. The crypto market...
Thailand’s KBank Acquires Satang Exchange, Signals Commitment to Crypto Market
30.10.2023
Thailand’s second-largest bank, signaling bullish fervor for blockchain after buying out one of the region’s local crypto exchanges through one of its subsidiaries. In a Monday filing, Kasikornbank – otherwise known as KBank – revealed that it has acquired a 97% stake...
WSJ debacle fueled US lawmakers’ ill-informed crusade against crypto
30.10.2023
The Wall Street Journal corrected its misreporting about crypto funding Hamas, but it was too late to stop lawmakers from amplifying false claims
Bitcoin’s Black Swan — A Retrospective on 2020’s ‘Black Thursday’
30.10.2023
Almost four years have elapsed since the market crash of March 11, 2020, widely known as “Black Thursday.” During that turbulent period, the value of bitcoin plummeted by more than 50% in a 24-hour span, reaching $3,867 per unit. This ominous date, etched indelibly in financial...
Crypto Funds See Largest Inflow in 15 Months, With Bitcoin, Solana Leading Rally: CoinShares
30.10.2023
Ether-based funds continue to fall out of favor, with outflows for the year now totaling $125 million
Today in Crypto: Unstoppable Domains Users Can Now Get ‘.com’ Addresses, Ledger Reveals 2nd Season of Metaverse Game
30.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Web3 news Domain and digital identity platform Unstoppable Domains announced that it entered the .com Namespace....
Biggest Movers: SOL Hits Near 1-Year High, Gaining 9% on Monday
30.10.2023
Solana surged to near a one-year high to start the week, as bulls pushed the cryptocurrency above the $35.00 level. Today’s surge comes as the global crypto market cap rallied, following a recent bout of consolidation. Avalanche also edged higher, surging by 5% today. Solana (SOL) Solana (SOL)...
USDT Stablecoin Adoption in Brazil Skyrockets to 80% Share of Crypto Transactions
30.10.2023
The adoption of the popular stablecoin Tether (USDT) in Brazil has experienced a remarkable surge in 2023, now constituting a staggering 80% of all crypto transactions within the country. According to data provided by Brazil’s tax agency that was first reported on by Cointelegraph, the total...
Bitcoin Difficulty Soars to Record 62.46 Trillion, Miners Unfazed Amidst Tight Competition Between Foundry and Antpool
30.10.2023
On October 29, 2023, Bitcoin’s difficulty rose 2.35%, reaching a record 62.46 trillion. This uptick represented the fourth consecutive rise over the preceding six weeks. The next difficulty epoch is slated for November 12, 2023, and as it stands, the recent spate of increases seems to have left...
Kasikornbank takes over a regional crypto exchange
30.10.2023
Kasikornbank, the second largest bank in Thailand in terms of assets, has acquired a regional cryptocurrency exchange through an affiliate. Kasikornbank, also known as KBank, disclosed to the Thailand Stock Exchange that it had acquired 97% of Satang Corporation Company Limited’s shares via...
UK Government Rolls Out Final Proposals for Stablecoin Regulation
30.10.2023
The United Kingdom has released proposals for a stablecoin framework alongside wider industry regulations in a bid to position the country as an investment destination and to protect users. In an Oct 30 release, His Majesty’s Treasury published a set of guidelines for regulating...
Terrorist fundraising: Is crypto really to blame?
30.10.2023
The industry is reeling as governments, legislators, and even investors ask if its networks are being exploited by terrorists. A sense of proportion may be needed
Crypto memes sweep the internet after the Bitcoin ETF craze
30.10.2023
The recent Bitcoin ETF frenzy has proved once again how quickly the crypto market can turn. From breaking records of market stability to scoring 30% growth in a day, the crypto domain did a 180° after the recent Bitcoin ETF frenzy. As soon as news surrounding Bitcoin ETF approval surfaced,...
Bitcoin, Ethereum Technical Analysis: ETH Moves Back Above $1,800, BTC Remains Near Recent Highs
30.10.2023
Ethereum once again rallied above the $1,800 level on Monday, ahead of a highly significant week of U.S. economic data. Over the next few days consumer confidence, and nonfarm payrolls will be reported, ahead of a Federal Reserve policy meeting. Bitcoin continued to trade close to the $35,000 zone....
Bitcoin’s Climb to $35,000 Fuels Surge in Crypto Trading Activity – Is the Bull Market Starting?
30.10.2023
The cryptocurrency market has found new momentum by a recent rally that propelled Bitcoin’s value towards the $35,000 mark. The surge in price has not only caught the attention of investors but has also sparked a renewed interest in crypto trading, leading to a significant increase in daily...
LastPass Data Breach Results in $4.4 Million Crypto Loss for 25 Victims in a Single Day
30.10.2023
Around 25 individuals have reportedly lost $4.4 million in cryptocurrency from a total of 80 wallets, all due to the 2022 data breach that affected the password storage software LastPass. On October 27, in a Twitter post, the on-chain sleuths ZachXBT, along with MetaMask developer Taylor Monahan...
South African Crypto Platform Pins Hope on ‘Phased Asset Recovery’ Proposal
30.10.2023
A South African crypto investment platform has expressed hopes that an asset recovery proposal will result in users regaining access to funds blocked after its custody partner froze withdrawals. The crypto platform said it has also engaged regulators whom it hopes will help expedite resolution...
Singapore plans joint crypto pilots with Japan, Switzerland and UK
30.10.2023
Singapore’s central bank and financial regulator is seeking closer cross-border collaboration for its asset tokenization project