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OKX Expands to Turkey as Part of Global Expansion Plan
27.2.2024
OKX President Hong Fang says there is a high demand for crypto in the country
Hong Kong-Based HTX, Formerly Huobi, Withdraws Crypto Exchange Application
27.2.2024
Hong Kong-based cryptocurrency exchange HTX, formerly known as Huobi Global, withdrew its application for a license on February 23, according to a filing posted on the Securities and Futures Commission website.
The post Hong Kong-Based HTX, Formerly Huobi, Withdraws Crypto Exchange Application...
FSB To Focus on Asset Tokenization and AI, Chair Says
26.2.2024
In a letter dated February 20 and released February 26, Knot told G20 finance ministers and central bankers that the global financial stability outlook “remains challenging.”
The post FSB To Focus on Asset Tokenization and AI, Chair Says appeared first on Cryptonews
Bitcoin Miner Riot Warns of Profit Risks Due to Chip Shortage and Climate Regulations
26.2.2024
On February 23, popular Bitcoin miner Riot Platforms issued a cautionary statement regarding potential profitability challenges in its business operations. The company cited various factors, including global supply chain disruptions, chip shortages, and increasing regulatory scrutiny around climate...
Is Dogecoin the future of cross-border payments? Examining its suitability for global use
26.2.2024
Cross-border payments entail financial transactions occurring between parties located in different countries. These transactions commonly encounter obstacles such as high fees, lengthy processing durations, and potential security vulnerabilities stemming from numerous intermediaries and diverse...
ECB Economists: Bitcoin Fails to Become Global Decentralized Digital Currency, BTC’s Fair Value Is Still Zero
25.2.2024
The European Central Bank (ECB) has published a blog post claiming that “bitcoin has failed to fulfill its original promise to become a global decentralized digital currency.” The ECB economists who authored the post added that bitcoin’s fair value is still zero and bitcoin...
Fidelity Director: Bitcoin Market Cap Could Reach $6 Trillion, a Quarter of ‘Monetary Gold’ Market
23.2.2024
Fidelity's Director of Global Macro Jurrien Timmer has suggested that Bitcoin (BTC) has the potential to achieve a market value equivalent to a quarter of the "monetary gold" market, reaching an impressive $6 trillion.
The post Fidelity Director: Bitcoin Market Cap Could Reach $6 Trillion,...
Global sensation BlockDAG rumored to be led by major tech CEO; gives Shiba Inu and Retik Finance tough competition
23.2.2024
Amidst the usual flurry of speculations surrounding the crypto market, one particularly noteworthy narrative is a rumor of a major Tech CEO behind BlockDAG. This new presale project pulled an astounding $1M within the first 24 hours of its first presale batch, which has already been surpassed...
Luxury Brand Protocol Arianee Set to Launch New Polygon CDK-Powered Chain
22.2.2024
Arianee, the ownership infrastructure behind a number of global luxury brands, has announced its plans to unveil a brand new layer 2 built on Polygon “to leverage the full potential of digital product passports (DPPs) and engagement tokens at scale,” a Thursday, February 22 press release from...
S&P Global Just Made Ethereum's Centralization Risk a TradFi Concern
22.2.2024
Institutional interest in digital assets means that crypto terms such as 'Nakamoto Coefficient' are now mainstream issues
Bitcoin Price Prediction: $51,400 Dip Amid Senate Regulation Standstill & Global Trends; What’s Next?
22.2.2024
Amid a slight dip to $51,400, Bitcoin's future teeters on global trends and a stalled Senate, sparking intense speculation on its next big move.
The post Bitcoin Price Prediction: $51,400 Dip Amid Senate Regulation Standstill & Global Trends; What’s Next? appeared first on Cryptonews
Spot Ether ETF Applications Prompt S&P Alarm on Ethereum’s Concentration Risks
22.2.2024
S&P Global warned on Tuesday that approving proposed Spot Ethereum ETFs in the US could worsen the network's concentration issue by centralizing staked tokens among a few providers.
The post Spot Ether ETF Applications Prompt S&P Alarm on Ethereum’s Concentration Risks appeared first...
Blockchain-Focused Super Pac Raises Millions From Crypto Magnates in January
21.2.2024
According to a recent report, a super political action committee (PAC) focused on the cryptocurrency industry has secured $4.9 million in contributions from Cameron Winklevoss and Tyler Winklevoss. Additionally, the super PAC named Fairshake amassed $6.3 million in funds last month, as per records...
All MetaMask Users Will Now Receive Security Alerts + More Crypto News
20.2.2024
Crypto news today: MetaMask and Blockaid enabled 100% of global users to automatically receive alerts about malicious transactions, ELOOP is building a machine RWA tokenization platform on peaq, and ZKX launches its Pro Trade on Starknet for experienced traders.
The post All MetaMask Users Will...
Top 10 Wirehouses will Get Involved in Bitcoin ETFs amid Institutional FOMO: Galaxy Asset Management
20.2.2024
Galaxy Asset Management's global head Steve Kurz expects top wirehouses to increase their involvement in spot Bitcoin (BTC) ETFs within the next year.
The post Top 10 Wirehouses will Get Involved in Bitcoin ETFs amid Institutional FOMO: Galaxy Asset Management appeared first on Cryptonews
Crypto Ransomware Operator LockBit Taken Down in a Global Operation
20.2.2024
The website of major crypto ransomware operator LockBit has been taken down in a coordinated effort by international enforcement agencies.
The post Crypto Ransomware Operator LockBit Taken Down in a Global Operation appeared first on Cryptonews
Crypto Funds See Record $2.45 Billion Global Inflows in a Single Week: Coinshares
19.2.2024
In an unprecedented surge, crypto funds around the globe registered record inflows totaling $2.45 billion last week, marking a significant uptick in investor interest. This influx has propelled the total assets under management (AUM) back to levels not seen since December 2021, signaling a strong...
Aptos Foundation and Blockchain Phone Maker Jambo Partner to Bolster Global Web3 Access
17.2.2024
The Aptos Foundation has revealed its collaboration with Jambo, a creator of blockchain-enabled smartphones, to bolster emerging markets through Web3 innovation. The pair state that their alliance seeks to improve Web3 access and knowledge in areas that would benefit greatly, by utilizing the layer...
Bitcoin Price Prediction Rallies as Coinbase Profits Soar, ETFs Drive $1T Market
16.2.2024
Bitcoin price prediction continues to be bullish amid Coinbase Global’s revelation of its first quarterly profit in two years, buoyed by the SEC’s approval of Bitcoin ETFs, underscores a significant moment for the cryptocurrency market. This development, alongside a 57% surge...
U.S. Federal Reserve Gov. Waller Says DeFi Could Boost Dollar's Global Strength
15.2.2024
Crypto critics often warn of digital currencies' potential to destabilize the U.S. dollar, but Federal Reserve Gov. Christopher Waller argued that stablecoins' dependence on the dollar could actually strengthen the U.S. fiat currency as decentralized finance (DeFi) catches on