144 / 339 Relevant items tagged with #Crypto
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Chainalysis sets up regional HQ in Dubai amid local crypto boom
[May 8, 2024 7:25 AM] Chainalysis relocates regional headquarters to Dubai reflecting the UAE’s progressive stance toward blockchain technology.
Most FTX Creditors to Receive Over 100% Repayment, Court Document Shows
[May 8, 2024 7:11 AM] FTX is poised to repay nearly all its account holders fully, according to a reorganization plan presented in court. The bankrupt cryptocurrency exchange has raised about $15 billion mainly by selling investments from itself and its affiliate…
Bitcoin Technical Analysis: BTC Faces Growing Uncertainty Amidst Market Fluctuations
[May 8, 2024 6:24 AM] As of May 8, 2024, bitcoin’s price is coasting along at $62,378, experiencing a 24-hour intraday range from $62,096 to $64,413, with a trading volume of $17.91 billion and a market capitalization of $1.22 trillion. Despite a decline of 2.1%…
UK Minister Says Government Only Has Time to Implement Stablecoin, Staking Legislation
[May 8, 2024 5:41 AM] Economic Secretary Bim Afolami said that the government could put through stablecoin and staking legislation in the coming weeks but will outline was is coming later.
Is The PEPE Dream Over? Dissecting The Factors Behind The Meme Coin’s Price Tumble
[May 8, 2024 4:31 AM] The once-booming meme coin Pepe (PEPE) has hit a rough patch, experiencing a price drop of nearly 10% in the past 24 hours. This sudden downturn comes amidst a flurry of questions surrounding massive token withdrawals from a major exchange and the…
Worldcoin CEO Met With Argentine Government Officials Amidst Ongoing Probes
[May 8, 2024 3:34 AM] Alex Blania, CEO of Tools For Humanity, the company behind Worldcoin, recently traveled to Argentina and met with high-profile officials of President Milei’s administration. The objective behind these meetings would be to clarify this…
Breaking Free: Analyst Eyes $1.68 Breakout For XRP After Years In The Shadows
[May 8, 2024 2:00 AM] The price of XRP, the native token of Ripple, has been on a rollercoaster ride in recent years. After reaching a peak of nearly $2 in April 2021, it has been in a downward motion, leaving investors wondering if a comeback is on the horizon…
Australian Tax Office Seeks Personal, Transaction Details from 1.2 Million Cryptocurrency Users
[May 8, 2024 1:29 AM] The Australian Tax Office reportedly has requested that cryptocurrency exchanges share both personal and transaction details of as many as 1.2 million cryptocurrency users. The revenue collector recognized that some users are fulfilling their tax…
US Sanctions Lockbit Leader in Ransomware Crackdown
[May 8, 2024 12:19 AM] On May 7, the U.S. announced sanctions against Dmitry Yuryevich Khoroshev, a key figure in the Lockbit ransomware group. The U.S., alongside international allies including the UK and Australia, has taken coordinated measures to curb the activities…
Nigerian SEC to ‘Delist’ Local Currency From P2P Crypto Trading Platforms
[May 7, 2024 11:31 PM] The Director General of Nigeria’s Securities Regulator has announced plans to delist the local currency from peer-to-peer cryptocurrency trading platforms in the coming days. He insisted that the decision to delist the naira aims to eliminate the…
Elon Musk Meets President Milei, Reccomends to Invest in Argentina
[May 7, 2024 11:10 PM] Elon Musk, the billionaire entrepreneur and CEO of Tesla and Spacex, called to invest in Argentina after meeting with Argentine President Javier Milei. Musk and Milei met for the second time in less than a month after Milei participated in the…
Cryptocurrency Imports in Brazil Break Records and Begin to Affect Trade Balances
[May 7, 2024 9:38 PM] Purchases from foreign cryptocurrency exchanges, considered imports, have broken records in Brazil, putting some weight into the nation’s trade balance. During the last 12 months, cryptocurrency purchases reached $14.84 billion, after…
Bitcoin ETF Issuer Franklin Templeton Bullish On Solana (SOL), Foresees It As 3rd Largest Crypto
[May 7, 2024 8:30 PM] In the wake of the November 2022 crypto market crash, which saw the bankruptcy and collapse of FTX and other firms, Solana (SOL) has emerged as a standout performer, experiencing a year-to-date price increase of over 560%. With a market…
SEC’s Gary Gensler is getting irked being asked about crypto
[May 7, 2024 8:09 PM] SEC Chair Gary Gensler says he gets an “outsized ratio” of questions about crypto despite its relatively small size compared to the overall financial market.
Bitcoin’s Bold Bet: Options Traders Eye $100K Surge By September
Fantom (FTM) Bull Run: 8% Price Surge And Robust Double-Digit Growth In Key Metrics
[May 7, 2024 6:00 PM] Fantom (FTM), a Layer-1 (L1) protocol, and its native token, FTM, have experienced significant gains and notable achievements in the first quarter (Q1) of 2024. According to a comprehensive performance analysis conducted by Messari, amid the…
SEC Chair Gary Gensler Calls Crypto ‘Outsized Piece of Scams, Frauds, and Problems in Our Markets’
[May 7, 2024 5:11 PM] The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated his view that crypto is a field full of noncompliance. While noting that crypto is a small piece of the overall U.S. financial market that his agency…
Dogecoin on the Rise: Over 5 Million Wallets Now Profitable As Potential Surge Looms
[May 7, 2024 5:00 PM] So far, Dogecoin has emerged as a significant player among the largest altcoins, exhibiting signs of a strong comeback, particularly highlighted by the recent profitability of numerous wallet addresses. A Surge In Dogecoin Profitable Addresses…
Robinhood Prepares to Fight SEC in Court Over Crypto, CEO Reveals
Can Ethereum Reclaim $4,000? Fragile Fundamentals Threaten To Send ETH Crashing
[May 7, 2024 3:00 PM] Ethereum has put on a disappointing performance for its investors over the last few weeks, leading to concerns on whether the second-largest cryptocurrency by market cap has lost its shine. The cryptocurrency continues to skirt around the $3,100…
‘Big Short’ Investor Calls Crypto One of the ‘Great Themes of Our Time,’ But He’s Not a Believer
Bloomberg’s Mike McGlone Reveals Why A $150,000 Bitcoin Price Target Is Far Off
[May 7, 2024 12:00 PM] Mike McGlone, Senior commodity strategist at Bloomberg Intelligence, has made a rather pessimistic prediction for Bitcoin, emphasizing that the cryptocurrency’s potential rise to $150,00 was a long shot. The strategist has revealed factors that…
Cartier Family Member Indicted for Using USDT to Launder Hundreds of Millions in Drug Trafficking Money
[May 7, 2024 11:37 AM] Maximilien De Hoop Cartier, a descendant of the family famous for their French luxury goods Cartier, has been indicted for his participation in a network that allegedly used several shell companies to launder drug trafficking money proceeds using…
Positive Market Turn: US Bitcoin ETFs See Substantial Inflows After Last Week’s Outflows
[May 7, 2024 9:36 AM] According to statistics, U.S. spot bitcoin exchange-traded funds (ETFs) saw their second consecutive day of positive inflows after recording approximately $378.3 million on Friday. During Monday’s trading sessions, the U.S.-based bitcoin…
Cardano (ADA) Trading Activity Goes Quiet: Will This Drag Down The Price?
[May 7, 2024 8:00 AM] Cardano (ADA), the third-generation blockchain platform, has been mirroring a mountain climber clinging to a precarious ledge. After a brief ascent earlier this month, the price has dipped back down, leaving investors questioning the strength of…
Polymarket Bets Reflect Low Confidence in Ethereum ETF Approval by SEC
[May 7, 2024 7:33 AM] According to a wager on the decentralized betting platform Polymarket, the likelihood of a spot ethereum exchange-traded fund (ETF) gaining approval from the U.S. Securities and Exchange Commission currently stands at just 7%. This forecast…
This Week’s Crypto Watchlist: Top Coins Poised For Gains
[May 7, 2024 7:00 AM] In a post on X, crypto analyst Miles Deutscher laid out his strategic predictions for high-performing cryptocurrencies in the upcoming week to his 501,700 followers. His analysis delved deep into Bitcoin’s trading patterns, the surging…
Galaxis Raises $10M, Doubling Down on Belief That NFTs Will Provide Real Value Everywhere
[May 7, 2024 5:30 AM] As it gears up for its token launch, Galaxis, a Singapore-based Web3 platform, has raised $10 million with participation from Chainlink, Ethereum Name Services (ENS), Rarestone Capital, Taisu Ventures and ENS co-founder Nick Johnson, it announced…
Chainalysis Named Council Member of MENA Banking Group’s Digital Asset Lab
[May 7, 2024 5:20 AM] Chainalysis, a blockchain analysis firm, has been appointed as a council member of Digital Asset Lab. The firm will use its expertise to assist Emirates NBD’s lab in understanding market trends and client needs. The Digital Asset Lab’s…