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Nalezeno "cryptocurrency news": 2939

Bitcoin traders are ready with long positions; Are you?


Crypto traders have been building long positions on Bitcoin; at least open interest and price action stats suggest it. However, the case is different for Ethereum, where we can find evidence of profit booking around $1650. The Bitcoin open interests (OI) in future derivatives suggest a positive...

Hester Pierce rises against the SEC for crypto’s existence


The US Securities and Exchange Commission is working hard to ensure that assets are covered by its authority to protect investors’ interests. If it comes into existence, the policy will extend the authority of the SEC from funds and securities to also cover assets. However, there is...

Bitcoin soars above $24K as traders look for Hong Kong’s decision


Bitcoin recently came to life as regulations surrounding digital assets are in the works. Experts believe that this news is only part of the ongoing hike. On the other hand, the crypto industry can expect constant regulatory volatility throughout the year. Traders are also keenly looking forward...

Elizabeth Warren and conservatives aim to take on the crypto


The previous year saw crypto emerge as the best alternative in the financial system. The phase lasted until FTX collapsed, withholding funds from several customers by halting the withdrawal process. Things are about to get tricky now that Elizabeth Warren has come out to build an anti-crypto army...

Bitcoin, Ethereum, and major altcoins gain after the US CPI


Bitcoin, Ethereum, and many other cryptocurrencies rose on Wednesday after investors ignored the seemingly US regulatory crackdown and inflation data. Cardano posted the largest increase, but many other cryptocurrencies are still in a bearish phase compared to February’s weekly performance.  ...

Crypto exchanges to propel Web3 and crypto awareness in India


Crypto adoption in India could happen successfully following any intervention from the regulators, besides implementing a tax cut and TDS. The country has a vast population to leverage. Still, it is also responsible for educating them about the functioning of crypto and Web3, both of which...

Binance’s CZ says BUSD Funds in Paxos are #SAFU


Changpeng Zhao, Binance CEO, recently announced that the exchange will still support BUSD. The statement was issued after New York regulators and the SEC ordered Paxos to restrict the stablecoin’s minting. The New York Department of Financial Services (NYDFS) told Paxos, the company that made...

Busan aims to become a global crypto hub despite aging population


South Korea rides high on one the best GDP figures of $30,000 per the statement of Bloomberg. However, one city, in particular, is witnessing a silent downfall due to its aging population, where 21% of the people are at least 65 years old. Busan is now looking to turn the tables by attracting...

Paxos and Binance end their partnership for BUSD, halting its minting


Paxos has published a media statement to announce that it will soon halt the minting of BUSD. The development comes after the blockchain and tokenization infrastructure platform announced that it would end its relationship with Binance for the issuance of BUSD. This goes into effect on February...

UAE’s Central Bank pushes for CBDC for financial transformation


The UAE is looking to boost its cross-border payments while also enhancing its domestic financial infrastructure. This comes after the Central Bank of the UAE announced the issue of CBDC, short for central bank digital currency. The issuance of CBDC comes as a part of the financial infrastructure...

AI crypto coins plunge; Is this a good time to buy the dip?


Artificial Intelligence will thrive in the technology sector and potentially revolutionize the crypto industry, accelerating the growth of new technologies, facilities, and social & financial networks that make transactions and transfers faster. Some of the AI crypto projects are performing...

VaultBet & InfinitySwap partners to Integrate Bitfinity Wallet


VaultBet recently announced a partnership with InfinitySwap to integrate Bitfinity Wallet. The collaboration will be helpful in advancing the Internet Computer ecosystem. As a reliable crypto sportsbook, VaultBet is a viable alternative to centralized betting exchanges and bookmakers. Since it uses...

Paxos Trust Co. gets Wells notice from SEC over BUSD token


It happens to be the Securities and Exchange Commission (SEC) that has duly informed the crypto company, Paxos Trust Co., which happens to be a crypto firm, that it is contemplating suing the company. This is with regard to its suspicion of the entity having violated investor protection laws....

XRP fails to sustain momentum against other blue-chip giants


The crypto market was up in January 2023, but XRP was underperforming even in the last three years. Tech-focused NASDAQ 100 stock market index recovered from its yearly low. Bitcoin and Ethereum have surged more than 35%. Cardano is up 50%; even the meme coins such as Dogecoin have also surged...

ConsenSys highlights the beneficial collab of MetaMask & Onramp.money


ConsenSys, which happens to be the absolute leading Web3 company, has made its announcement regarding the fact that MetaMask happens to be on the verge of incorporating Onramp.money.  This collaboration further boosts the biggest exchange in India, going by the name of Bitbns exchange, as it will...

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