Search
Turkish crypto bill: 5 things to know before it’s introduced
6.5.2024
Turkey was expected to introduce crypto legislation in early 2024, but the local parliament is yet to report on the process
First quarter crypto deals raise $2.5bn, a ‘lacklustre’ 29% gain
6.5.2024
The cryptocurrency industry has suffered a plunging situation for three quarters in a row, but has remarkably made a comeback. In Q1, a year ago, a record number of crypto companies raised about $2.5 billion in venture capital. This represents a massive leap of 29% in financial investment, as well...
Bitcoin Technical Analysis: Bulls Challenge Upper Resistance
6.5.2024
Bitcoin’s price movement on May 6, 2024, showcases a complex dance of volatility and potential, captured vividly across various time frames and technical indicators. With an intraday range swinging from $63,657 to $65,489, traders grapple with a trading landscape rife with both uncertainty...
Ripple CEO Backs Ethereum and admits ETH or XRP are not securities
6.5.2024
In a significant development within the cryptocurrency sphere, Brad Garlinghouse, the CEO of Ripple, has openly expressed his support for Ethereum while vehemently denying assertions that both Ethereum (ETH) and Ripple’s XRP token qualify as securities. Garlinghouse’s remarks come at...
Study reveals bots and big traders dominate stablecoin transactions
6.5.2024
A recent study has shed light on a startling trend within the cryptocurrency market, most transactions involving stablecoins are driven not by genuine users but by automated trading bots and large-scale traders. The findings, which raise questions about the true nature of stablecoin usage and...
Kenyan President Requests Bitcoin Miner Marathon Digital to Review Nation’s Cryptocurrency Regime
6.5.2024
The Kenyan President William Ruto recently revealed that his government has appointed Bitcoin mining company Marathon Digital as its consultant to review its cryptocurrency regime. The U.S.-based Bitcoin miner is reportedly set to discuss electricity usage in cryptocurrency mining with the Kenyan...
FTX addresses transferred $8.3M one day before amended proposal deadline
6.5.2024
The transfer occurred a day before FTX debtors are set to release a new restructuring plan for the exchange
Crypto CEO’s final verdict: From 25 Years to 4 Months
6.5.2024
The conflict between two leading cryptocurrency figures, Changpeng Zhao, the CEO of Binance, and Sam Bankman-Fried, the CEO of FTX, is finally over, as shown by two significant court rulings in the USA. Zhao’s four-month imprisonment in Seattle brought an anticlimactic conclusion to their...
Analysts: Gold Rush In China Is Propping Prices Up
6.5.2024
The interest and high demand for gold products in China is one of the factors that is propping the price of the precious metal up in international markets. Several analysts believe that the loss of confidence in traditional investment options in China, and the geopolitical factors and U.S....
Bitcoin privacy will survive despite CoinJoin closure — zkSNACKs CEO
6.5.2024
The impending closure of zkSNACKs’ CoinJoin service has been described as a setback for Bitcoin developers and privacy proponents
Satoshi-era dormant Bitcoin address wakes up after 10 years
6.5.2024
According to a Chainalysis report, there are a total of 1.75 million dormant BTC addresses inactive for over a decade
Bitcoin mining revenue hits post halving yearly low
6.5.2024
Daily revenue from Bitcoin mining dropped to under $3 million as opposed to the previous daily average of roughly $6 million in the first four months of 2024
How and where to view crypto transaction histories
6.5.2024
Learn how to track cryptocurrency transaction histories with detailed steps to help navigate and understand crypto transactions
Nigerian Court Postpones Binance, Tigran Gambaryan Money Laundering Trial to May 17
6.5.2024
A Nigerian court recently adjourned the trial of Binance and its executive, Tigran Gambaryan, to May 17. The adjournment came after the cryptocurrency exchange’s attorney stated that he had not received the necessary documents to prepare a defense. However, Nigerian authorities reportedly provided...
How Monero Safeguards gamers’ financial transactions?
6.5.2024
As video games have continued to advance in the twenty-first century, in-app purchases and microtransactions have exploded onto the scene. By picking up these add-ons, players can receive various digital goods or augmentations to help bolster their gaming experience. But with convenience comes...
Philippines Securities Regulator Set to Unveil Cryptocurrency Guidelines in Second Half
6.5.2024
The Philippines' securities regulator is set to unveil a regulatory framework for crypto assets and trading by the latter half of 2024.
The post Philippines Securities Regulator Set to Unveil Cryptocurrency Guidelines in Second Half appeared first on Cryptonews
Latam Insights: South African Ponzi Scheme Boss Dies in Brazil, Argentine House Passes Crypto Tax Regularization Bill
6.5.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: South African Ponzi scheme mastermind dies of a heart attack in Brazil, the Argentine House advances crypto tax regularization bill, and Buenos Aires targets...
Australian Court Rules Against BPS Financial for Unlicensed Crypto Operations
6.5.2024
The Federal Court of Australia has ruled against BPS Financial for operating “Qoin Wallet” without proper licenses. The Australian Securities and Investments Commission (ASIC) underscores the importance of regulatory compliance to protect consumers in the volatile crypto market....
India Announces ‘Successful’ Crackdown on E-Nugget Scam — Seizes $10M in Crypto From Exchanges
6.5.2024
India’s Enforcement Directorate has declared its multi-year crackdown on the “E-Nugget” scam in Kolkata successful. The operation has resulted in cash and crypto seizures, along with the arrest of the mastermind. Investigations uncovered numerous dummy accounts and led to...
Crypto Wealth Bolsters Real Estate Markets and Consumer Spending, Study Finds
6.5.2024
As cryptocurrency becomes a significant part of American investment portfolios, its influence extends beyond digital transactions into tangible impacts on real estate markets and household spending, a recent study finds. Report Shows Cryptocurrency Wealth Adds ‘Meaningful Implications for the Real...