Iran Urges BRICS to Create Financial System Free From Western Influence
Iranian Ambassador Kazem Jalali has urged BRICS nations to establish an independent financial and banking system, free from Western standards, which he claims harm Global South countries. Speaking ahead of the 16th BRICS Summit, Jalali emphasized…
XRP Transactions Fall, But Active Wallets And DeFi Liquidity Tell A Different Story
XRP, the sixth largest cryptocurrency by market capitalization, has seen an interesting trend in its transaction activity, despite a few notable declines in other metrics. A recent analysis by a CryptoQuant analyst, Wenry, sheds light on key trends…
UK Stands Firm on Tough Crypto Regulations, Warns Against Lowering Crypto Standards
A Financial Conduct Authority (FCA) official has emphasized the importance of high regulatory standards for crypto asset registrations. She defended the UK’s stringent rules, aiming to protect consumers and financial markets while fostering a…
Bitcoin Retail Demand Rises 13% In 1 Month: Time For Q4 2024 Rally?
After four months of declining transaction volumes from retail investors, Bitcoin (BTC) retail on-chain activity shows signs of resurgence. Will Bitcoin Benefit From Rising Retail Participation? According to a recent analysis by on-chain analytics…
Japan’s Election Heats up With Calls for Crypto Tax Cuts and Regulatory Reforms
Yuichiro Tamaki, leader of Japan’s Democratic Party for the People, is advocating for significant cryptocurrency tax reforms ahead of the general election. His party proposes a 20% tax on crypto assets and aims to promote Japan as a web3 leader…
Saylor’s comments on big bank BTC custody are ‘batshit insane’ — Buterin
Michael Saylor appears to be “explicitly arguing for a regulatory capture approach to protecting crypto,” which was not what it is about, Vitalik Buterin said.
Bitcoin Options Traders Set Sights On $80,000 By November-End, Regardless Of US Election Outcome
As the US presidential election approaches, the crypto community is buzzing with speculation regarding how the outcome will affect the Bitcoin price. With just 15 days until the election between former President Donald Trump and Vice President…
Japanese Entertainment Giant’s Crypto Arm in Partnerships to Support Web3 Economy
Japanese cryptocurrency exchange DMM Crypto has secured Neoclassic Capital, a Florida-based global investment firm, as its lead investor. DMM Crypto also partnered with Presto, a quantitative trading company. The investments will support DMM…
Solana (SOL) Hints at Downside Correction: Can It Hold Key Support?
Solana struggled to clear the $172 resistance zone. SOL price is correcting gains and might soon test the $162 support zone. SOL price is correcting gains from the $172 resistance zone against the US Dollar. The price is now trading above $162 and…
Football Stars to Face Legal Actions Regarding $3.2B Pyramid Scheme Promotion
Promoting Omegapro, a pyramid scheme that raised over $3 billion from over 3 million customers, might make a group of European football stars face legal action. Hundreds of users affected would be preparing to sue these individuals, alleging that…
Uniswap Processes Over $2 Trillion On Ethereum: UNI Bull Run Inevitable?
Uniswap, the leading decentralized exchange (DEX) on Ethereum, is building and growing, looking at the number of processed volumes over the years. Uniswap Processes Over $2 Trillion On Ethereum Since launching in late 2018, on-chain data shows that…
XRP Price Flashes Bearish Signals: Are More Losses Coming?
XRP price is moving lower below the $0.5500 level. The bears might gain strength if there is a close below the $0.5200 support zone. XRP price is correcting gains below the $0.5500 zone. The price is now trading below $0.5450 and the 100-hourly…
Bitcoin academics slam controversial ECB paper blasting Bitcoin
The rebuttal critiques several arguments made by the ECB paper’s authors earlier this month that argued Bitcoin's price should be regulated or outright banned.
Is G20 Losing Relevance? BRICS’ Rise Signals Shift in Global Power
The rapid rise of BRICS is challenging the relevance of the G20 as a global platform, with BRICS nations now surpassing the G7 in economic output. As BRICS gains influence, discussions about reforms to major international organizations, including…
Ethereum Price Battles to Bounce Back: Is a Recovery Coming?
Ethereum price struggled to continue higher above the $2,750 resistance and corrected gains. ETH is now struggling to start a fresh increase above $2,650. Ethereum started a downside correction below the $2,650 support. The price is trading below…
In a recent interview, Bitcoin cheerleader Michael Saylor shocked many by dismissing concerns about Bitcoin custody, but David isn’t surprised by his statements. Saylor’s Recent Controversial Statements Are Consistent With His Past…
Cardano’s Pullback Short-Lived, Fresh Rally Underway For ADA?
Cardano (ADA) has made a strong comeback, with bulls stepping in to reverse the recent pullback and drive a fresh rally. After a brief period of downward pressure, the cryptocurrency is gaining traction once again, sparking renewed optimism among…
Bitcoin Price Pauses In Consolidation: Aiming for New Gains
Bitcoin price started a downside correction and tested the $66,500 zone. BTC is now consolidating and might aim for a fresh increase above $67,800. Bitcoin struggled to test the $70,000 resistance zone and started a downside correction. The price…
Wazirx Security Breach: Liminal’s Analysis Points to Deeper Issues
Liminal Custody has released an update addressing the allegations and misinformation surrounding the Wazirx security breach. The company clarified that while Wazirx blamed it for the incident, the exchange continued using Liminal’s infrastructure…
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