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Crypto Regulation News Weekly Digest: Anti-Money Laundering Support Gains Momentum in US Congress and India Takes Cautious Regulatory Approach
13.12.2023
US lawmakers push for stricter crypto regulation while India reiterated its plan for a slow, evolutionary approach to digital asset legislation. Image by Kerem Goktug Kaya, DALL-E 3. The past week saw major developments on the crypto regulation front. In the United States, The CFTC Chairman...
Elon Musk Tweet Cools $DOGE Rally as Investors Buy This New Memecoin
12.12.2023
If there’s one thing everyone has learned in the world of cryptocurrencies, it’s that tweets from Elon Musk can send shockwaves through the market. The latest example? A Dogecoin ($DOGE) surge, initially gaining momentum, hit a sudden chill during the morning hours of December 6th. This...
Senator Warren’s Bipartisan Push to Combat Crypto Money Laundering Gains Momentum
12.12.2023
Source: Screenshot of video Sen. Elizabeth Warren’s YouTube page Senator Elizabeth Warren (D-Mass.) has announced an increase in support for the bipartisan Digital Asset Anti-Money Laundering Act, which aims to tackle concerns around the use of crypto in illegal activities such as money laundering...
Large Transactions and Tokenization Drive AVAX Growth Above 82% in Seven Days
12.12.2023
Source / Sam Cooling x ArtificialArtist The cryptocurrency market continues to experience rapid price surges and slight corrections in recent weeks setting the tone for more decentralized finance (DeFi) transactions as the market rebounds. Among altcoins, Avalanche (AVAX) maintains its bullish...
Institutional Investors Maintain Buying Momentum as Crypto Funds Record $43 Million Inflows
11.12.2023
Source: Adobe / Luisa Institutional investors tighten their grip on cryptocurrency funds as the market records $43 million inflows in the last seven days marking an 11th consecutive week in the green zone. A recent CoinShares Digital Asset Fund Flows report shows a sustained bullish sentiment...
Biggest Crypto Gainers Today on Uniswap – INJ, PRIME, IMX
11.12.2023
INJ, PRIME, and IMX stand out as the biggest crypto gainers today on Uniswap, showing bullish momentum that could lead to more upside. Image by Aleksandra Sova, Adobe Stock. While Bitcoin is dropping by more than 5% at the moment, the INJ price is gaining traction, making Injective one of...
Solana NFTs Eclipse Ethereum in Trading Volume Amid Surge
9.12.2023
Source: AdobeStock / Aleksandra Sova Solana (SOL) continues to experience upward momentum, with its non-fungible tokens (NFTs) witnessing considerably higher trading volume, surpassing even that of Ethereum. Projects like Mad Lads and Tensorians have seen significant price increases, multiplying...
NFT Trading Volume Surges 125%, Nears $1B in November: DappRadar Report
8.12.2023
Source: AdobeStock Digital collectibles or non-fungible tokens (NFTs) are currently experiencing a resurgence despite the ongoing bullish momentum in the broader crypto market. Capturing this shift, DappRadar’s November industry report revealed that the NFT ecosystem has sustained a positive...
Dogecoin Price Prediction as DOGE Hits 8 Month Highs – Can It Sustain This Growth?
8.12.2023
Dogecoin (DOGE), the famed meme cryptocurrency, has recently soared to an 8-month high, trading around $0.09782. This remarkable surge, highlighted by a peak at $0.10 on Wednesday, signals a robust bullish momentum in the crypto arena. The rally is underpinned by a favorable market sentiment and...
Top Crypto Gainers Today on DEXTools – PPFace, Gemini, SECT
8.12.2023
Blue-chip cryptocurrencies are having another strong day today, with the top crypto gainers seeing increases of up to 16% in 24 hours and 30% in a week. Today’s bullish performance comes as the market continues to gain momentum en route to what many are expecting will be a full-on bull market...
eTukTuk gains momentum with over $310,000 presale success
7.12.2023
eTukTuk is a popular crypto project that recently became a big success by integrating Blockchain technology and AI with the transportation sector to bring environmental changes, especially in developing nations. Leveraging the potential of Blockchain has allowed eTukTuk to revolutionize urban...
Dogecoin (DOGE) Momentum Slows as This New Emerging Memecoin is Stealing The Show
6.12.2023
In the vibrant world of cryptocurrencies, a new star is rising, capturing the attention of investors and enthusiasts alike. While Dogecoin (DOGE) has been a household name in the memecoin sector, its momentum is slowing. In its place, Rebel Satoshi ($RBLZ) is emerging as the new face of meme coins...
Lead Glassnode Analyst Expects Bitcoin Pump to “Correct” After Rally to $44k
6.12.2023
Source: prokop.photo/Adobe Can Bitcoin (BTC) sustain its bullish price momentum this week? Not for long according to James Check – lead on-chain analyst at Glassnode. The leading cryptocurrency exploded to $44,400 on Tuesday, marking a new yearly high up 16.5% from 7 days prior. Yet despite...
NYDFS Not Afraid to Take Legal Actions Against Defaulting Crypto Companies: Superintendent Harris
5.12.2023
Source: YouTube/Financial Technology Association The momentum of cryptocurrency regulation in the United States continues to intensify, with the New York Department of Financial Services (NYDFS) asserting its readiness to call out defaulting businesses. Speaking at a Financial Times (FT) event...
Sui Soars Past $150M in TVL, Solana Set to Maintain Momentum in December, InQubeta Becomes Whale Favorite
5.12.2023
Sui (SUI) has been making headlines for soaring past $150 million in TVL (total value locked). This development has been met with excitement in the crypto landscape. Another development creating a buzz is Solana’s rally, which analysts predict will continue in December. This makes it one of...
AXA, Generali Jump on the RWA Wagon Following Purchase of SocGen’s Green Bonds
5.12.2023
Source: Shutterstock AXA Investment Managers and Generali Investments have recently joined the growing bandwagon of companies purchasing tokenized green bonds as the digitalization of real-world assets (RWAs) gains momentum. According to a press release by French banking giant Societe Generale,...
Terra Luna Classic Price Prediction as LUNC Becomes Best Performer of the Week – $1 LUNC Incoming?
4.12.2023
The Terra Luna Classic price has surged by 30% in the past 24 hours, with its race to $0.00023831 also marking a 104% gain in a week. This means LUNC is the best-performing top-100 coin within these timeframes, with the altcoin gaining momentum in recent weeks as a result of increasing agreement...
Binance to Delist and End Support for BUSD in December; BNB Gathers Momentum Amid Low Sentiment; NuggetRush Becomes Meme Enthusiasts’ Favorite
4.12.2023
TLDR Binance will end support for BUSD products on December 15, 2023, and withdrawals will be disabled on December 31. BNB has been gaining traction and is tipped to end the year above $240. NuggetRush appeals to enthusiasts due to its blend of P2E and memecoin, with its price expected to increase...
Market Analysts Spot Potential in an Under-the-Radar Coin – Is It Undervalued?
1.12.2023
Launchpad XYZ crypto presale gains momentum as LPX token offers incentives for early adopters. Image by Kerem Goktug Kaya, DALL-E 3. Cryptocurrency exchanges have transformed over the years, evolving from basic exchange services to comprehensive financial ecosystems. This evolution reflects...
Ethereum Technical Analysis: ETH Momentum Stops Short After Hitting $2,100 Barrier
1.12.2023
Similar to bitcoin prices, the second leading crypto asset in terms of market capitalization has risen on Friday, jumping 2% against the U.S. dollar. The 24-hour price range of ether has been recorded between $2,024 and $2,111, reflecting a volatile yet upward trajectory. Ether now stands with...