Hong Kong plans stablecoin oversight: New requirements and higher powers for regulators
Hong Kong is facing a new phase in regulating cryptocurrencies. The city’s financial authority is unveiling a proposal for issuers of “stablecoin cryptocurrencies based on fiat currencies” to obtain regulatory licenses. Hong Kong looks toward stablecoin licensing A recent consultation paper jointly published by the…
Bitcoin in 2024 – experts’ predictions on the price of the cryptocurrency
Bitcoin, since its birth in 2009, has continually revolutionized the financial world. Here’s what are the expectations for its price at the end of 2024? Bitcoin with a number of potential pro-growth catalysts The year 2023 brought many happy moments for BTC investors. After all,…
Barry Silbert resigns from Grayscale while company awaits decision on Bitcoin ETFs
Barry Silbert has announced his resignation as CEO of Grayscale Investments, and his departure coincides with the upcoming SEC decision regarding Bitcoin-based ETFs. The decision certainly draws a new shape for the company’s future. Unexpected decision According to the company’s announcement on Tuesday, Silbert is…
Mt. Gox creditors receive long-awaited repayments
The distant past of Bitcoin exchange, Mt. Gox is once again becoming a topic of discussion. It’s all due to emerging reports of unexpected repayments to creditors who have been waiting for years to recover their funds. Mt. Gox compensates lost bitcoins Creditors of former…
Ripple approved as a virtual asset service provider for European Union countries
Ripple has received the green light from the Central Bank of Ireland to become a trusted virtual asset service provider, strengthening its presence in the European cryptocurrency landscape. Ripple gains a European stronghold Receiving registration approval for Ripple Markets Ireland Limited, a cryptocurrency payments company,…
Shibarium faces more troubles. Will the release of documentation take place on time?
The platform responsible for the early testing phase of Shibarium is going offline. In the meantime, the community expects the developers to release the second layer documentation.…
KuCoin backs stablecoin issuer based on the Chinese yuan, closing a funding round bringing in $10 million
The investment arm of Seychelles-registered exchange KuCoin, is getting involved in the stablecoin project. Together with Circle they decided to support the peg-based coin initiative against the…
GPT-4 update affects sharp jump in AI token values
The hugely popular Chat GPT has received a new update. It is expected to make the tool many times more advanced. The information circulated around the world…
Part of 50,000 Bitcoin confiscated by U.S. law enforcement agencies migrated to cryptocurrency exchanges
More than 50,000 Bitcoin that have been confiscated by US law enforcement agencies over the past few years have just changed their addresses. The lion’s share of…
White House monitors Silvergate situation and orders action
The bank, known for its favor with the cryptocurrency market, is facing increasing trouble. This has not escaped the attention of White House officials. President Joe Biden…
KuCoin on the target of New York Attorney General, who considers Ethereum a security
A lawsuit allegedly targeting illegal cryptocurrency platforms hits Ethereum. One of the leading exchanges was trading unregistered securities, which unsurprisingly include Ethereum. Ether like a stock? Letitia…
President Biden proposes a 30% tax on electricity used to mine Bitcoin
A new budget proposal authored by U.S. President Joe Biden hits the cryptocurrency sector, and mainly Bitcoin, very hard. One gets the impression that it is characterized…
Collapsed Voyager platform is liquidating $56 million in ETH, SHIB and other ERC-20 tokens
The platform, which even the FTX exchange wanted to take over, is currently selling its cryptocurrency holdings. The news comes just after Binance US was ordered to…
Shibarium with its release this week!
In the meantime, more suggestions are being made about the identity of Shiba Inu’s creator, which may be damaging in nature. March 7 is proving to be…
Binance USD (BUSD) capitalization falls below $10 billion for the first time since June 2021
Nearly $14 billion has evaporated from BUSD over the past 3.5 months. Today the stablecoin returned to levels it hasn’t seen in a long time. Where have…
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Reviews
Litebit App Review
Are you looking for an easy-to-use trading application to buy, sell and track cryptocurrencies? Then LiteBit may offer the mobile application you are looking for!…
Geco.one Review
This time we are reviewing Geco.one. It is a crypto margin exchange designed for experienced traders and those who like a little more thrill. In…
LiteBit Review
Are you looking for a reliable Dutch party to buy or sell cryptocurrencies? Then LiteBit might be just the platform you’re looking for! Read in…
PrimeXBT Review
If you are interested in trading assets that are considered safe in their category and at the same time have high growth potential, you should…
Wunderbit Trading Review
In this article we take a look at the Wunderbit Trading platform. This is a unique platform that operates as a broker, is an interesting aggregator for…
Trezor One Review
Many times in our articles we have mentioned the importance of proper security management of your crypto assets. A number of wallets serve this purpose…
Bitvavo Review
If you are looking for a secure and proven exchange that will allow you to trade cryptocurrencies within Europe, you should check out Bitvavo. Below…
Last prices
Bitcoin is more stable than traditional markets, is it the calm before the storm?
In recent materials, we have been paying close attention to traditional markets when analyzing Bitcoin’s price action. Meanwhile, the S&P500 index is falling, while the…
Will the turmoil in global markets push Bitcoin higher? Credit Suisse situation playing in the background
In recent months, the macroeconomic environment of the globe has not been positive for Bitcoin’s price action. Meanwhile rumors have emerged that have sent BTC…
Bitcoin at the threshold of increased volatility, evidenced not only by technical indicators
Bitcoin broke a very important line of resistance, but as we predicted, this did not change its situation. Meanwhile, factors are emerging that suggest that…
Bitcoin goes from one formation to another – This is what we can read in the charts
As we announced last week, volatility has emerged on Bitcoin’s chart. Last Thursday initiated a move that, within 24 hours, drove the price up nearly…
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