Singapore Investigating Seven People for Providing Worldcoin Services
Singapore is investigating seven "subjects" for offering services of buying or selling of Worldcoin accounts and tokens which is an offence, a written reply in parliament by the government revealed on Tuesday.
Experts: Crypto In Early Stages of Growth Despite Rising Adoption
The crypto industry is still in its early stages of growth, despite a significant increase in adoption rates. Experts believe that the sector’s future depends on factors like regulatory developments and market stability. Singapore has…
Bitcoin Slides, Yen Gains as Trump-Harris Debate Disappoints Markets
Asian markets and U.S. stock futures experienced a downturn, with Bitcoin dropping over 2% to $56,300, reflecting a risk-off sentiment in financial markets following the presidential debate where Kamala Harris was perceived to outperform Donald…
Indonesian crypto exchange Indodax goes offline after suspected $22M hack
The breach compromised hot wallets on Indodax, resulting in the loss of Bitcoin, Ether, Tron, Polygon, and Optimism. Indodax has temporarily suspended operations.
Is Bitcoin Heading For A Bear Market? Analysts Weigh In On The Price Struggles
Bitcoin market performance has been underwhelming since its peak above $73,000 in March 2024. Instead of building on this rally, the top crypto has faced continued consolidation coupled with a series of declines, frustrating many investors…
Based Rollups pitched as fix to Ethereum incentives amid L2 fee debate
Some commentators note that Based Rollups align incentives between Ethereum layer 2 and its base layer validators, which could result in deflationary issuance again.
Altcoins About To Take Over? Analyst Suggests Time To Accumulate Will End Soon
With only a few weeks before Q4 begins, investors and market watchers remain vigilant of the market’s performance. Many expect the next quarter will kickstart the rally’s second leg up, suggesting that most altcoins will explode in the coming…
Singapore’s Parliament Addresses Worldcoin Account Misuse and Privacy Risks
Singapore’s Deputy Prime Minister Gan Kim Yong addressed concerns in Parliament regarding the risks of Worldcoin’s operations in Singapore, including potential money laundering through the sale of accounts. He emphasized that although…
Caroline Ellison Shouldn't Go to Jail After FTX Collapse, Attorneys Say
Former Alameda Research CEO Caroline Ellison should be sentenced to time served and a non-custodial term after her cooperation with prosecutors in taking down Sam Bankman-Fried, her attorneys said in a late Tuesday night filing.
BNB Price Reclaims $500: Can Bulls Maintain the Push?
BNB price started a fresh increase and cleared the $500 pivot zone. The price is now consolidating gains and might aim for more gains above $525. BNB price started a fresh increase above the $500 resistance zone. The price is now trading below $510…
XRP Price Slips But Will The 100-SMA Ignite A Comeback?
XRP price extended gains and tested the $0.5420 level. The price is now correcting gains and testing the $0.5320 support zone. XRP price could gain pace for a move above the $0.5420 resistance zone. The price is now trading above $0.5320 and the…
New ATH Incoming? Analyst Reveals Why Bitcoin’s Next Rally Is Around the Corner
Bitcoin has been in a consolidation phase since its renewed peak above $73,000 in March. However, many experts in the crypto space are eyeing potential signs of a breakout that could lead to a new all-time high (ATH). A renowned crypto analyst…
Harris Won U.S. Presidential Debate Versus Trump, Polymarket Betting Suggests
Vice President Kamala Harris appears to have beaten former President Donald Trump in the first debate between the U.S. presidential candidates on Tuesday, based on the direction of prediction bets on Polymarket, while crypto policy went unmentioned.
China’s Digital Yuan Nears $1 Trillion in Transactions, PBOC Official Reveals
China’s digital yuan initiative has advanced considerably, backed by over a decade of research and four years of pilot experimentation, according to Lu Lei, Deputy Governor of the People’s Bank of China (PBOC). Trials for the Chinese…
Ethereum Price Eyes Bullish Momentum: Is a Breakout Imminent?
Ethereum price is attempting a fresh increase wave above $2,300. ETH might gain bullish momentum if it clears the $2,400 resistance zone. Ethereum is attempting a recovery wave above the $2,300 zone. The price is trading above $2,330 and the…
Bitcoin Price by 2030: Analyst Reveals What Happens If Donald Trump Or Kamala Harris Wins
Crypto analyst Thomas has provided his Bitcoin price prediction for 2030 based on whether Donald Trump or Kamala Harris wins the US presidential elections. Crypto has become a major talking point ahead of the elections, and experts like Bernstein…
Bitcoin Price Battles to Extend Gains: Will It Clear $58K?
Bitcoin price started a decent increase above the $56,500 resistance. BTC is now struggling to clear the $58,000 resistance and is consolidating gains. Bitcoin is attempting a fresh increase from the $52,500 support zone. The price is trading above…
Standard Chartered Launches Bitcoin and Ethereum Custody in UAE
Standard Chartered has launched a digital asset custody service in the United Arab Emirates (UAE), licensed by the Dubai Financial Services Authority. The service aims to provide secure storage for digital assets, initially focusing on bitcoin and…
Bitcoin Surges Above $57,000, But Investors Still Shorting: Fuel For More Rise?
Data shows derivatives exchange users are still shorting Bitcoin after the recovery that the cryptocurrency has enjoyed beyond the $57,000 mark. Bitcoin Funding Rate Is Still Negative On Major Exchanges According to data from the analytics firm…
North Carolina Rejects Federal Digital Currency, Overrides Governor’s Veto
The North Carolina General Assembly has overridden Governor Roy Cooper’s veto to enact a bill prohibiting a central bank digital currency (CBDC) in the state. The Senate voted 27-17, securing the required supermajority. The bill bars payments using…
FCA Files First Charges Against Unregistered Crypto ATM Operator in UK
The UK’s Financial Conduct Authority (FCA) has charged Olumide Osunkoya for operating unregistered crypto ATMs in the country. This case is significant as it represents the first prosecution under UK law for such activities. Osunkoya is…
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