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BitGo Gains In-Principle Approval from Authority to Operate in Singapore
10.1.2024
Source: Pixabay / sasint BitGo has recently been granted in-principle approval from Singapore’s Monetary Authority of Singapore (MAS) for a Major Payment Institution license. According to a social media post published by the established American digital asset custody firm, BitGo is one step...
South Korean Lawmaker: Top Crypto Exchanges ‘Neglect Responsibilities’
9.1.2024
Source: efired/Adobe A South Korean lawmaker has claimed that the nation’s leading crypto exchanges are “neglecting their responsibilities to protect investors.” According to a report from Daehan Geumyoong Shinmun, the comments came from Min Byeong-deok. Min is a member of the National Assembly’s...
Vitalik Buterin’s Advice on Prudent Investing Draws Skepticism Among Crypto Investors
8.1.2024
Source: Pixabay Ethereum co-founder Vitalik Buterin responded “awful advice” to a post on X that warned investors not to diversify their portfolios. Commenting on the post, Buterin offered practical financial advice, stressing the value of diversification. In his guide to prudent investing,...
Bitcoin Cash and Ethereum Classic See Modest Gains, But All Eyes Are on Rebel Satoshi’s Momentum
8.1.2024
TLDR Experts predict Bitcoin Cash (BCH) will increase in price by 65% in 2024. Market analysts believe Ethereum Classic (ETC) has the momentum to cross the $40 mark in 2024. Investors have turned focus to Rebel Satoshi (RBLZ) as it emerged as the best ICO after delivering 100% gains for early...
Crypto Analysts are Bullish on This AI Crypto Coin – Here’s Why
5.1.2024
New AI crypto trading platform Launchpad XYZ is opening up institutional-grade analytics to retail investors. Image by Kerem Goktug Kaya, DALL-E 3. In the age of big data, artificial intelligence is becoming a game changer across industries. Nowhere is this more apparent than in finance, where...
Bain and Company: Tokenization Can Unlock a $400B Yearly Alternative Investment Opportunity
5.1.2024
A report issued in December by Bain and Company and JPMorgan executives recognized the impact that tokenization can have in bringing alternative investments (such as private equity, private credit, real estate, and hedge funds) to individual investors. The document states that this can be a $400...
Taiwanese Crypto Exchange ACE Founder, Employees Arrested Over Fraud Allegations
5.1.2024
Source: Pixabay Taiwan’s leading crypto exchange ACE and its masterminds have been accused of making false claims around speculative token listings to defraud investors. The local city police on Wednesday conducted multiple raids, arresting ACE founder David Pan, and co-conspirator Lin Nan. A total...
Why Cardano (ADA) and Shiba Inu (SHIB) holders are buying into the newly launched Pushd (PUSHD) presale craze
4.1.2024
Cardano (ADA) and Shiba Inu (SHIB) generated massive gains for investors that bought early on before they skyrocketed in value. While ADA and SHIB have had decent performances to end 2023, they do not offer the same parabolic potential they once did for early investors. Meanwhile, promising...
CBOE Predicts Spot Bitcoin ETFs to Draw Investments from Pension Funds and RIA-Based Funds
3.1.2024
Source: Adobe / jirsak The Chicago Board Options Exchange (CBOE) believes the approval of spot Bitcoin (BTC) ETFs will usher in a new wave of institutional investors. In a recent interview on Bloomberg TV, John Palmer, the president of CBOE Digital, said that ETF approval would unlock...
Solana-Based TSUKA Coin Rockets Up 2,500% Overnight and Crypto Whales Say This Other Coin is Next
1.1.2024
Sponge V2 looks to carry the torch of the red-hot Sponge V1 meme coin. Image by Kerem Goktug Kaya, DALL-E 3. In recent years, meme coins like $SHIB, $DOGE, and $SPONGE have produced sizeable gains for some investors. The latest addition to the meme niche gaining traction is $TSUKA, a...
Monex Group Secures Majority Stake in Canada-based 3iQ
29.12.2023
Source: Pixabay Japan-based Monex Group is set to acquire a majority stake in Canadian crypto asset manager 3iQ. According to a press release published Thursday, 3iQ will collaborate with Coincheck, a Japanese cryptocurrency exchange acquired by Monex Group back in 2018, to bolster the digital...
Crypto Analyst Lark Davis Predicts Ethereum Price to Surge to $15,000 in 2024 — Here’s the Latest
27.12.2023
Source: AdobeStock Cryptocurrency analyst Lark Davis has predicted that Ethereum will reach a price of $15,000 per coin in the upcoming bull cycle of 2024-2025. Despite the asset’s relatively subdued performance this year, Davis foresees a significant upswing that could potentially yield...
eTukTuk Boosts Drivers’ Income by Up to 400% – What’s in it for Investors?
23.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. eTukTuk is a holistic EV (electric vehicles) ecosystem designed specifically for developing economies. In addition to three-wheeler taxis that run on electricity, it consists of a blockchain...
El Salvador Passes Law to Offer Citizenship to Foreign Bitcoin Investors
22.12.2023
Source: Pixabay / 12019 El Salvador‘s Congress has passed a new law enabling foreign citizens to obtain citizenship by investing in Bitcoin, according to Reuters. On Dec. 21, the Salvadoran unicameral legislature, dominated by President Nayib Bukele‘s New Ideas party, voted in favor...
Better Market CEO Points to Crypto Market Abuses as Reasons for FDIC Rule Amendment
21.12.2023
Source: Pixabay / tombark Better Market CEO lambasts frequent market abuses and false advertising strategies of digital asset firms as a major reason for the Federal Deposit Insurance Corporation’s (FDIC) rule change to protect investors. In a Dec 20 press release, the CEO reacted to the official...
7RCC Applies for an ESG-focused Spot Bitcoin ETF
19.12.2023
Source: iStock/pichet_w Asset manager 7RCC has formally submitted a spot Bitcoin exchange-traded fund (ETF) application focused on environmental, social, and governance (ESG) principles to the Securities and Exchange Commission (SEC). As detailed in the proposal filed on December 18, the ETF...
Survey: 4 in 5 Institutional Investors Agree Crypto Has Important Role in Global Financial Industry
19.12.2023
An institutional investor survey conducted by digital asset bank Sygnum indicates a shift from skepticism to advocacy, “with over 80% now agreeing that crypto has an important role to play in the global financial industry,” said the bank’s digital asset research manager. “It’s now truly...
AI Chatbot Girolamo Debuts on Cardano; Ambitious Goals for Avalanche & RebelSatoshi Attract Investors
16.12.2023
The blockchain world is abuzz with innovations, and leading the charge is Cardano’s AI chatbot Girolamo, heralding a new era of AI and blockchain synergy. Meanwhile, Avalanche continues to push the boundaries of blockchain technology, and RebelSatoshi ($RBLZ) is turning heads in the memecoin...
Bitcoin’s Week: $44,000 Test and Salvador’s ‘Freedom Visa’; InQubeta Draws Investors
16.12.2023
InQubeta (QUBE) might be the best crypto to invest in now as its presale continues to defy expectations. The new DeFi project has already raised over $6.7 million as it moves into its sixth stage, earning early investors 175% returns on their investments. Bitcoin (BTC) has also been on a roll...
Coinbase Announces Spot Crypto Trading for Non-US Investors
13.12.2023
Coinbase announced the launch of spot trading for non-US investors on its international exchange on Wednesday, marking the latest phase of the company’s global expansion. The start of something new Beginning on Thursday, December 14th, non-US institutional clients will be able to trade Bitcoin...