OKX Receives Major Payment Institution License in Singapore
Singapore has a reputation of being a world-leading crypto hub as it provides clear guidelines on how cryptocurrency firms should operate.
External news feeds 407/2007
Bitcoin Recovers to $58.3K at Start of Seasonally Bearish September
Memecoin DOGE led losses among major tokens with a 5% slide in the past 24 hours ahead of the Labor Day holiday in the U.S.
OKX Brings Update to Ease Bitcoin Arbitrage
The new offering allows traders of varied experience levels to maximized returns through market-neutral bets.
HashKey and Kaia partner to boost Web3 adoption in Asia
HashKey Group and Kaia collaborate post-rebrand to accelerate Web3 adoption, coinciding with the Kaia-Finschia merger and new mainnet launch.
Ripple Unleashes 1 Billion XRP: Could This Trigger A Price Tsunami?
Once again generating news is Ripple as the company issued 1 billion XRP coins from its escrow accounts on September 1, 2024. Costing more than $560 million, the release has caused waves in the digital currency market. First, 500 million XRP were…
SEC Might Challenge FTX Bankruptcy Estate From Paying Back Customers With Stablecoins
The U.S. Securities and Exchange Commission (SEC) may have thrown a spanner in the wheels of the confirmation of the FTX bankruptcy plan, according to a court filing Friday.
$13M Tron Investors Exits TRX As New Cryptocurrency Promises Stronger Returns
Tron (TRX) has been a focal point in the crypto community, especially as investors begin to shift their attention to new and emerging cryptocurrencies that show significant potential. With a massive $13 million exit from Tron (TRX), it seems that…
Render Whales Add New Render-Like Cryptocurrency Priced $0.00177
As we move into the fourth quarter of 2024, seasoned investors in Render (RNDR) have started to turn their attention towards a new and promising cryptocurrency—Mpeppe (MPEPE). With over 90% of its tokens already sold, Mpeppe (MPEPE) is rapidly…
Ripple Investors Await $1 XRP Price Whilst MPEPE Gains 308%, Here’s How To Join
As Ripple (XRP) investors hold their breath for the long-awaited $1 price target, another cryptocurrency is quietly making waves in the market. Mpeppe (MPEPE), a new player in the crypto space, has surged by an astonishing 308%, catching the…
OKX bags Singapore crypto license
OKX Singapore also announced that it onboarded Gracie Lin, who previously worked at MAS, as its CEO.
The Curse Of September: Is Another Massive Bitcoin Sell-Off Coming?
Bitcoin has suffered its second worst monthly close in the year 2024 after completing August with 8.6% losses. This falls short only to April losses when the price fell 14.76% in one month. As this red close has shaken investors, mixed feelings…
India’s HDFC Bank Launches New UPI and CBDC Features
HDFC Bank, a leading private sector bank in India, has introduced new features for Unified Payments Interface (UPI) and central bank digital currency (CBDC) to enhance digital banking for its customers. Announced at the Global Fintech Fest 2024 in…
Chase ‘infinite money’ glitch leaves TikTokers in huge debt
Social media users have been reporting a “glitch” with Chase Bank ATMs, allowing them to withdraw large sums without sufficient funds.
Crypto execs plan to raise $100K for Harris at fundraiser: Report
A group of crypto industry players want to persuade Kamala Harris to soften on crypto as she maintains a slight lead in national polling over Donald Trump.
Central banks buying gold at record levels, but Bitcoin still outperforms
Central banks bought a record 483 tonnes of gold in the first half of 2024, driving the asset to an all-time high.
Crypto liquidations may be way worse than data has let on, suggest researchers
“Liquidation data from exchanges are bogus and a vast underrepresentation of actual liquidation volumes in the market,” according to K33 Research.
Latam Insights: Bukele Used Bitcoin as a Rebranding Tool; Bitcoin Mining Companies Stop Operating in Paraguay After Power Fee Hikes
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: Salvadoran President Nayib Bukele acknowledges that bitcoin rebranded the country, some bitcoin mining…
Solana Price (SOL) Turns Red: Key Supports That May Spark a Bullish Upside?
Solana started a fresh decline below $150 and $142. SOL price tested $128 and is currently struggling to start a recovery wave. SOL price started a fresh downward move below $150 against the US Dollar. The price is now trading below $140 and the…
SEC says it could challenge FTX crypto repayment plan
The regulator said that while stablecoin-denominated creditor repayments may not be illegal, it “reserves its rights” to challenge transactions involving crypto assets.
Why Socialism Fails: A Misesian Perspective
Socialism, despite its promises of equality and social welfare, inherently fails due to its inability to perform economic calculation and its reliance on coercive control over the means of production. Ludwig von Mises, in his seminal work…
XRP Price Struggles: Can It Break Free from the Downtrend?
XRP price extended losses below the $0.5650 support. The price is showing bearish signs and might even decline below the $0.540 level. XRP price started a fresh decline below the $0.600 zone. The price is now trading below $0.5650 and the…
Ethereum Price Eyes Downside Thrust: Will It Slip Further?
Ethereum price started another decline below the $2,550 support. ETH could dive toward the $2,250 support zone before the bulls emerge. Ethereum started a fresh decline below the $2,550 level. The price is trading below $2,500 and the 100-hourly…
Bitcoin miners see worst revenues in 11 months as difficulty climbs
August was the lowest revenue month for Bitcoin miners so far in 2024 and the worst revenue month since September last year.
Cardano’s Chang hard fork successful as it shifts to decentralized governance
The upgrade will transform Cardano governance over the next few months, enabling ADA holders to participate in the voting process.
Whales hoarding Bitcoin: Wallets with 100 or more hit 17-month high
Bitcoin whales have been increasingly active lately, gobbling up more crypto as smaller traders feel the pressure and sell their holdings.
Plastic Surgery Fails to Help Crypto Scammer Evade Arrest After 10 Months
South Korean police arrested a man in his 40s for orchestrating a cryptocurrency scam that defrauded 158 investors of 16 billion won ($12 million). Operating from November 2021 to June 2022, he promised an 18% monthly return on investments in a…
Bitcoin Price Drifts Lower: Will the Grind Continue?
Bitcoin price extended losses below the $58,500 support zone. BTC is struggling and could continue to move down toward the $55,000 support zone. Bitcoin is gaining pace below the $60,000 support zone. The price is trading below $59,000 and the 100…
Government Overspending Puts US in the ‘Fast Lane to Bankruptcy,’ According to Elon Musk
In recent times, Elon Musk, the owner of X and the CEO and product architect at Tesla, Inc., has been voicing his concerns about inflation. This discussion became especially prominent after he interviewed former U.S. President Donald Trump. Just…
Dogwifhat, Popcat lead 7-day crypto slump, traders eye Oct breakout
Traders are bracing themselves for more pain in September but are looking to October and November with renewed optimism.
Russian Economy Sees Growth Despite Western Sanctions and Declining Imports
The Russian economy has experienced substantial growth across various sectors, with unemployment rates remaining historically low, despite ongoing Western sanctions related to the Ukraine conflict. Industrial production, driven by military…