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Nine Blocks Relocates HQ to Dubai, First Crypto Hedge Fund to Obtain VASP License from VARA
27.11.2023
Nine Blocks Capital Management has become the first crypto hedge fund to obtain a Virtual Asset Management and Investment Services license from Dubai’s Virtual Assets Regulatory Authority (VARA), the company announced in a press release Monday. The next global hub Established in February...
Bitcoin Price Prediction as Standard Chartered Reiterates $120,000 Price Target for BTC in 2024 – Time to Buy?
27.11.2023
In the ever-evolving realm of cryptocurrencies, Bitcoin (BTC), the flagship digital asset, remains resilient, consistently hovering above the $37,000 threshold on Monday. The broader crypto market, with a global cap of $1.42 trillion, witnessed a modest 24-hour dip of 1.22 percent....
JPMorgan: Spot Bitcoin ETFs Could Put ‘Severe Downward Pressure on Bitcoin Prices’
26.11.2023
Global investment bank JPMorgan has cautioned that the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) could “put severe downward pressure on bitcoin prices.” The bank’s analysts estimate that billions of dollars could...
RoyalCDKeys: How to Buy Crypto Anonymously
24.11.2023
What’s the main reason behind cryptocurrencies’ success? One word – decentralization. Bitcoin offers what global banks can’t. Every major bank you know or are a client of is centralized and, thus, controlled by a central authority. This means you can freely own...
Most Eco-Friendly Cryptocurrencies to Invest in 2023
24.11.2023
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Global warming has become one of the most pressing issues in today’s world, prompting many companies to implement sustainability practices. This is...
Nigeria’s NITDA advocates AI integration in payments for global recognition
24.11.2023
NITDA chief Kashifu Inuwa Abdullahi said it’s crucial to take proactive measures to harness AI benefits and mitigate threats
HTX to Resume Limited Deposit Services Today and Launch a Site-Wide Airdrop Event
24.11.2023
Source: HTX HTX (formerly known as Huobi Global) announced that deposit services for major chains will be gradually resumed on their platform, beginning today, complemented by an airdrop event as a gesture of gratitude to its users. According to the announcement, HTX has completed the necessary...
HTX (Huobi Global) to Resume Deposits and Withdrawals After $13.6 Million Exploit
23.11.2023
Source: iStock Crypto exchange HTX, formerly known as Huobi Global, said it “has now properly handled this attack,” and it will resume deposits and withdrawals within 24 hours after suffering a $13.6 million exploit on Nov. 22. In a Nov. 23 announcement on its official website, Huobi...
BingX Rebrands to Forge Better Crypto Traders
23.11.2023
PRESS RELEASE. BingX, a global leading crypto exchange, proudly announces the launch of its transformative rebranding initiative, solidifying its position focusing on trader empowerment. The rebranding reflects BingX’s commitment to inspiring its users and keeping them ahead of the curve...
Indian Finance Minister Shares Progress on Crypto Roadmap Implementation at Virtual G20 Summit
23.11.2023
Source: YouTube / DD India India’s Finance Minister Nirmala Sitharaman shared the latest advancements in the implementation of the crypto regulation roadmap during the virtual G20 Leaders’ Summit yesterday. Emphasizing the formal adoption of the roadmap by the G20, Sitharaman highlighted...
Genesis Alleges Multi-Million Dollar Preferential Transfers by Gemini Amidst Crypto Turmoil
22.11.2023
In a recent legal move, Digital Currency Group’s (DCG) subsidiary Genesis Global Capital LLC has filed a complaint against the crypto exchange platform and custodian Gemini. Genesis hopes to claw back $689 million from the centralized crypto trading platform founded by Cameron and Tyler Winklevoss...
Bernstein Report: Binance Will Remain the Top Global Crypto Exchange Despite DOJ Settlement
22.11.2023
Source: Adobe Binance, the world’s largest crypto exchange, is expected to maintain its position as the dominant global exchange, even after reaching a settlement with the U.S. Department of Justice (DOJ). According to a research report by broker Bernstein, Binance experienced minor outflows...
Genesis Files Lawsuit Against Former Business Partner Gemini Trust, Seeking to Recover $689 Million
22.11.2023
Source: AdobeStock / Timon Crypto lender Genesis Global Capital has taken legal action against cryptocurrency exchange Gemini Trust in an attempt to reclaim over $689 million. The lawsuit was filed in the US Bankruptcy Court for the Southern District of New York on Tuesday, alleging that Gemini...
Bitcoin Price Prediction as RFK Jr. Supports Self-Custody Rights – Is Regulatory Pressure Easing?
21.11.2023
Bitcoin, the flagship cryptocurrency, has been demonstrating robust performance, maintaining a strong position above the $37,000 threshold. This bullish trend contributes significantly to the global cryptocurrency market cap, which has recently seen a 0.52% increase, soaring to $1.42 trillion....
Crypto Miner Phoenix Group’s IPO Sales 33X Oversubscribed
21.11.2023
Source: Brian Wangenheim/Unsplash Multinational crypto mining and blockchain giant Phoenix Group has achieved a significant milestone in its initial public offering (IPO) raise. According to a press release, the mining company was able to close its IPO raise after investors oversubscribed 33 times...
OpenAI Scrambles to Prevent Staff from Leaving, Having “Intense Discussions” – Report
21.11.2023
Source: Unsplash Top management of artificial intelligence company, OpenAI, are scrambling to “reunify” the organization following the dramatic ousting of co-founder, Sam Altman. According to a report by Bloomberg News, OpenAI’s Vice President for Global Affairs, Anna Makanju, assured...
LBank Labs Winter Bootcamp 2024: The Epicenter of Blockchain Innovation
21.11.2023
PRESS RELEASE. A short recap from Summer Bootcamp 2023. Following our hugely successful Cabo Mexico Bootcamp with 12 finalist teams selected from 70+ projects and 3 of 12 received extra grants for innovation, feasibility and improvement. We’re bringing together luminaries from over a dozen...
Bittrex Global is winding down its operations
21.11.2023
Bittrex Global has announced that it will wind down its operations effective December 4, 2023, at 18:00 UTC. The venture has urged its users to log in to their accounts and withdraw funds as soon as possible. That is the last date and time for customers to trade assets, following which...
Crypto Exchange Bittrex Global to Shut Down
21.11.2023
All trading on the platform will be disabled on Dec. 4, several months after Bittrex's U.S. arm filed for bankruptcy and stopped operations
Bittrex Global to Halt All Trading in December as it Winds Down Operations
21.11.2023
Source: ShutterStock Bittrex Global has announced to wind down most exchange operations and trading activities in the coming weeks. Effective December 4 at 6:00 p.m. UTC, Bittrex Global will disable all trading activity on its exchange and terminate client relationships. Following this date, users...