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Middle East regulatory clarity drives crypto industry growth — Binance FZE head
[Oct 18, 2023 3:45 AM] UAE, Dubai and Bahrain continue to attract major cryptocurrency exchanges and businesses due to their progressive regulatory approaches.
Report: Valr Partnership With Visa to Expand the Reach of the South African Crypto Exchange
[Oct 18, 2023 3:00 AM] The South African crypto exchange Valr said its partnership with the global card firm Visa is set to expand the former’s reach. The two companies said they would work on a solution that enables Valr customers to use the card firm’s network to…
Fed Governor Questions Need for US Central Bank Digital Currency
[Oct 18, 2023 12:00 AM] A top Federal Reserve official said Tuesday she has yet to be convinced there is a need for the U.S. central bank to develop a digital currency. Fed Governor Remains Unconvinced on U.S. CBDC, Cites Existing Innovations and Risks In a discourse at…
SEC Chairman Gary Gensler Warns AI Could Spark Financial Crisis in Next Decade
[Oct 17, 2023 10:30 PM] U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has warned that artificial intelligence (AI) could spark a financial crisis in the next decade. Noting that he has raised this concern at the Financial Stability Board and at the…
Swiss Bank Offers Clients Crypto Lending Product
[Oct 17, 2023 9:00 PM] Swiss online bank Dukascopy has introduced a new lending product that enables customers to borrow against their cryptocurrency. The solution allows users to receive 50% of the value of their digital assets in fiat currency while retaining their…
SEC to Intensify Crypto Market Monitoring and Examinations
[Oct 17, 2023 7:30 PM] The U.S. Securities and Exchange Commission (SEC) has published its examination priorities for 2024 which include crypto monitoring and examinations. The securities regulator disclosed: “Examinations of registrants will focus on the offer, sale…
Bitcoin Thief’s Decade-Long Heist: Solving The Mystery Of The Stolen Silk Road BTC
[Oct 17, 2023 7:00 PM] In 2012, a staggering 50,000 Bitcoin (BTC) were stolen from the infamous Silk Road, an illicit dark web marketplace. Over the years, the value of the stolen BTC skyrocketed to $3 billion, making it one of the most significant mysteries in…
Blackrock CEO Larry Fink Sees Global Demand and ‘Pent-up Interest in Crypto’ Amid Israel-Hamas War
Binance Stops Accepting New Users in UK to Comply With Crypto Regulations
[Oct 17, 2023 4:30 PM] Binance has announced that it will no longer accept new users in the U.K. in order to comply with new crypto regulations from the Financial Conduct Authority (FCA). Binance explained that it is currently looking for an FCA-authorized firm to review…
Salvadoran Vice President Felix Ulloa: Bitcoin Adoption Fueled El Salvador’s ‘Rebirth’
Bitcoin Changing Hands Cycle Signals Bear Market Recovery, Glassnode Study Shows
[Oct 17, 2023 1:30 PM] New research shows bitcoin investors are rotating from long-term holders to short-term speculators, indicating the cryptocurrency market is recovering from the lengthy bear market. Study Indicates Crypto Winter Recovery as Long-term Holders Give…
Time To Cash Out? Bitcoin’s 4-Hour RSI Triggers Sell Indicator
[Oct 17, 2023 12:00 PM] Bitcoin (BTC) has retraced to the $28,400 level following a failed breakout above $30,000, resulting in a high rate of liquidations for both long and short positions. Additionally, the recent fake news surrounding the approval of Blackrock’s…
Platypus Finance recovers 90% of assets lost in exploit
[Oct 17, 2023 10:30 AM] The project has agreed to not pursue legal action against the hacker.
Immutable delays $67M token vesting by another year
[Oct 17, 2023 9:54 AM] 125 million IMX tokens allocated for developer rewards will be vested monthly starting July 2024.
Biggest Movers: TON Hovers Above $2, ADA Bears End 4-Day Winning Run
Bitcoin Hits Historic 61 Trillion Difficulty, Hashrate Defies Odds Amidst 2023’s Steepest Climbs
[Oct 17, 2023 8:00 AM] On October 16, 2023, Bitcoin’s difficulty impressively crossed the 61 trillion mark at block height 812,448, setting a fresh benchmark for the network. This ascent marked the fourth-largest rise in difficulty for the year. Yet, in the face of…
Bitcoin, Ethereum Technical Analysis: BTC Remains Near 2-Month High, Following Strong US Retail Sales
[Oct 17, 2023 7:30 AM] Bitcoin remained near a two-month high on Tuesday, as markets digested the latest retail sales figures from the United States. Sales, which account for two thirds of the U.S. economy, rose by 0.7% in September, 0.4% higher than expected. Ethereum…
Australia Government Wants Crypto Exchanges to Possess a Financial Services License
[Oct 17, 2023 5:30 AM] Australia-based crypto exchanges may soon be required to hold a financial services license issued by the Australian Securities and Investments Commission. The Australian government expects to have the draft legislation ready in 2024. According to…
Sega Exec Shuji Utsumi: ‘Blockchain Gaming Is Still an Unknown World for Us’
[Oct 17, 2023 3:30 AM] In a recent interview, Sega co-COO Shuji Utsumi talked about the company’s stance on blockchain games. For Utsumi, this new gaming field is still uncertain, and Sega is prepared to protect its franchises and learn about how these new games…
Jim Rickards Blasts US Congress Confiscation Initiatives: ‘The Drive to Create New Currencies Will Go Into Overdrive’
[Oct 17, 2023 1:30 AM] Renowned economist and best-selling author Jim Rickards has warned about the effects of a new U.S. congressional initiative that proposes confiscating Russian assets to reimburse itself for the aid given to Ukraine. Rickards believes that, if…
FTC Warns Consumers Crypto Deposits Are Not FDIC Insured
FTX Engineer Reveals $8B Bug, Lavish Spending, and Political Donations in Explosive Testimony Against Bankman-Fried
[Oct 16, 2023 4:30 PM] Nishad Singh, former director of engineering at FTX, testified this week against his former boss Sam Bankman-Fried, detailing a software bug that hid billions in missing funds and excessive spending on celebrities and real estate. Singh Points…
Bitcoin Bloodbath: Fake Spot ETF Approval Sparks BTC Surge, Obliterates $78M Shorts At $30,000
[Oct 16, 2023 2:00 PM] In a flurry of market activity, false news surrounding the approval of a Bitcoin (BTC) Spot Exchange-Traded Fund (ETF) by the US Securities and Exchange Commission (SEC) sent shockwaves through the cryptocurrency community. False Rumors of BTC…
Tether Freezes 32 Suspicious Addresses Linked to Ukraine and Israel Conflicts
[Oct 16, 2023 1:30 PM] On Monday, Tether, the leading stablecoin issuer, revealed it had frozen 32 addresses allegedly linked to activities involving war, terrorism, and crime. These USDT accounts are said to have ties to suspicious operations in Israel and Ukraine. The…
Wipe Out — Fake SEC Approval Report Erases $71M in Bitcoin Short Positions
[Oct 16, 2023 11:30 AM] In the wake of fabricated news asserting the U.S. Securities and Exchange Commission (SEC) green-lit Blackrock’s Ishares spot bitcoin exchange-traded fund, short positions worth $78.92 million were cleared out. This sum represented 57% of…
Biggest Movers: BCH, SOL Big Gainers Following Cointelegraph’s ‘Inaccurate’ Tweet
Bitcoin Surges on Fake Blackrock ETF Approval News: Misinformation Ripples Through Crypto Markets
[Oct 16, 2023 8:36 AM] On a bustling Monday, the cryptocurrency-focused news platform Cointelegraph broadcasted that the U.S. Securities and Exchange Commission (SEC) had given the green light to Blackrock’s Ishares spot bitcoin exchange-traded fund (ETF). The…
Crypto Shorts See Carnage As Bitcoin Surges Towards $28,000
[Oct 16, 2023 8:00 AM] Data shows the crypto futures market has observed large liquidations in the past day as Bitcoin has recorded a sharp surge towards $28,000. Crypto Futures Observed $78 Million In Liquidations In Last 24 Hours A crypto futures contract is said to be…
Bitcoin, Ethereum Technical Analysis: BTC Nears $28,000 as Hopes for Grayscale’s ETF Rise
[Oct 16, 2023 7:17 AM] Bitcoin surged towards $28,000 on Monday, as markets continued to react to the Securities and Exchange Commission (SEC) decision not to appeal the Grayscale ruling. The decision now means that Graycale could soon move to convert its bitcoin trust…