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Digital Bank Revolut to Suspend Crypto Services For US Customers Citing Regulatory Uncertainty
4.8.2023
Crypto-friendly British neobank Revolut has announced plans to halt its crypto services for US customers.
The digital bank cited the market uncertainty and changes to the local regulatory landscape in the country for suspending crypto services.
The England-based fintech firm will suspend...
Bitcoin’s Rollercoaster Year: A 29% Gain From August 2022 to 2023 Despite Recent Dips
4.8.2023
Over the past 30 days, bitcoin has dipped by 5%, yet the leading cryptocurrency has seen a gain of 29.05% from August 3, 2022 to August 3, 2023. Moreover, BTC’s value in 2023 alone has surged more than 75% against the U.S. dollar, standing at $5,800 above the crypto asset’s mean...
Girl Gone Crypto thinks ‘BREAKING’ crypto news tweets are boring: Hall of Flame
4.8.2023
Girl Gone Crypto has amassed a huge following on Twitter thanks to her interesting and unique take on crypto news
Grab a Slice of the Teenage Mutant Ninja Turtles with Cowabunga Coin – 6 Day Countdown Begins
4.8.2023
If you ever enjoyed watching Teenage Mutant Ninja Turtles (TMNT) on TV as a child, or even as an adult, chances are you've heard the term "Cowabunga!" quite a few times. The iconic catchphrase has not only seeped into popular culture but also become the namesake of an upcoming cryptocurrency...
Canadian Digital Asset Ownership Plummets Amid Global Regulatory Uncertainty: Bank Of Canada
4.8.2023
Cryptocurrency ownership in Canada declined in 2022 due to a plethora of factors including uncertainty in regulation, fear of digital asset scams, and unfavorable market conditions.
A new survey, the Bitcoin Omnibus Survey (BTCOS) by the Bank of Canada highlights the trend of digital assets...
Hong Kong's New Crypto License Could Cost Exchanges a Pretty Penny
4.8.2023
The city’s new licensing regime paves the way for exchanges to operate legally but tough compliance requirements could cost firms as much as $20 million, industry insiders say
Coinbase Moves to Dismiss SEC Lawsuit, Alleging Crypto Falls Out of Regulator's Oversight
4.8.2023
Coinbase filed for judgement in its ongoing case against the U.S. Securities and Exchange Commission, alleging the regulator is stepping well outside its jurisdiction in suing the crypto exchange
Revolut to suspend cryptocurrency services in US
4.8.2023
Revolut’s suspension of cryptocurrency services in the United States will affect 1% of their total global user base, the firm said
Revolut Suspends U.S. Crypto Platform Over Regulatory Uncertainty
4.8.2023
The digital bank said U.S. customers will not be able to access crypto via its platform starting Oct. 3
Transforming crypto bubbles into champagne bubbles: Uncovering Golden Cask Club’s edge over Polkadot & Aptos
4.8.2023
The crypto industry is evolving, and the allure of leveraging cutting-edge technologies to earn substantial returns has brought about various projects that, like bubbles, rise and fall unpredictably. However, despite being in its first presale phase, Golden Cask Club has taken center stage...
Australian Regulator Sues Etoro to ‘Protect Consumers From High-Risk CFD Products’
4.8.2023
The Australian Securities and Investments Commission (ASIC) has filed a lawsuit against the crypto platform Etoro. The lawsuit relates to Etoro’s contract for difference (CFD) product which ASIC alleges to be in breach “of design and distribution obligations and of Etoro’s license...
Largest Crypto Miners Will Benefit Most From Capacity Growth: Bernstein
4.8.2023
Larger miners with a low cost of production and low debt are likely to be the big beneficiaries of increased capacity, the report said
TWITTER Token is Up 10,000% in 24 Hours But Crypto Whales are Accumulating This Other Coin Now – What Do They Know?
4.8.2023
In the latest move sending ripples across crypto markets, new token TwitterDAO (TWITTER) has exploded +11,800% in just ten hours.
The stunning moon-shot is the latest straight to DEX token surging off the back of meme value related to Twitter and Elon Musk.
Earlier in August, markets witnessed...
Hong Kong Lawmaker to Explore Digital Asset Link With Mainland China
4.8.2023
Johnny Ng floated the possibility of licensed Hong Kong exchanges being connected with Shanghai's exchanges
Crypto Assets Held in Self-Custody Wallets Have ‘a Non-Zero Chance’ of Getting Stolen — Fairside Network CEO
4.8.2023
According to Brandon Brown, the co-founder and CEO of Fairside Network, self-custody crypto wallets generally lack inbuilt insurance coverage to protect against theft or loss. Brown attributes this to the challenges encountered when assessing digital asset risks as well as “the absence...
Canadian crypto ownership declined amid tight regulations, falling prices
4.8.2023
The biggest motivation for Canadians interested in Bitcoin is an investment — as showcased by the choice of over one-third of the 4,996 respondents in the Bank of Canada's 2022 survey
Crypto Options Volume on CME Rose to Nearly $1B in July: CCData
4.8.2023
The increase in BTC options volume on the CME suggests that institutions might be hedging their positions
Nearly half of crypto copy traders are Gen Z, says Bitget report
4.8.2023
Younger investors are more likely to take part in copy trading or social trading and take advice from social media influencers, according to the crypto exchange
Social Media Bots Played Crucial Role in Inflating Value of FTX-Listed Crypto Assets, Report Finds
4.8.2023
New analysis from the Network Contagion Research Institute (NCRI) reveals that bots on the social media platform X (formerly Twitter) likely played a major role in amplifying the value of cryptocurrencies tied to the now-defunct FTX exchange and its sister firm Alameda Research. Social Media Bots...
Bitcoin Price Prediction as Crypto Analyst Says BTC Still on Track to Hit $100,000 by 2025 – Time to Buy?
4.8.2023
Bitcoin, the world's largest cryptocurrency, experienced a minor dip of over 1% but managed to maintain its position above the critical $29,000 mark.
Despite showing stability within a specific price range, it lacked significant buying interest as traders eagerly awaited the US Securities...