Source: Adobe / Prazis Images Recent reports suggesting that crypto has played a significant role in terrorism funding have been debunked by blockchain forensics firm Elliptic. According to a report by Elliptic published this week, the transparency and traceability of the blockchain make it challenging for terrorist groups like Hamas to effectively use crypto for … Read more
Source: Pixabay Senior public officials in South Korea’s Gyeonggi province have declared their cryptocurrency holdings. The disclosure comes as part of the province’s efforts to ensure transparency among its government employees to avoid conflict of interest. Gyeonggi province announced that it had undertaken proactive measures to encourage the reporting of virtual assets by high-ranking public … Read more
Bitcoin , often dubbed the ‘digital gold,’ is currently on a rollercoaster ride. Having recently climbed beyond the $34,000 threshold, BTC’s ascendancy led to the liquidation of over $220 million in short positions in a mere 24-hour span, a testament to its volatile nature. This surge isn’t exclusive to Bitcoin alone; the entire … Read more
With the cryptocurrency market seeing ongoing positive traction, analysts highlight potential picks for the best crypto to buy now. Image by cryptonews.com. With the cryptocurrency market seeing ongoing positive price movement, analysts highlight Conflux (CFX), Chainlink (LINK), Aptos (APT), Bitcoin Minetrix, and TG.Casino as potential picks for the best crypto to buy now. Conflux has … Read more
BlackRock’s SEC fine raises questions about its suitability for managing a Bitcoin ETF. Image by Sergei Tokmakov, Pixabay. According to a Tuesday release from the U.S. Securities and Exchange Commission (SEC), BlackRock Advisors LLC has agreed to a $2.5 million penalty for failing to accurately describe investments in the entertainment industry. The development is of … Read more
Source: TradingView The XRP price has gained by 0.5% in the past 24 hours, with its move to $0.552306 also representing a 12% increase in the past week, as the market rides a wave of Bitcoin ETF-related positivity. XRP is now up by 13% in a fortnight and by 62% since the beginning of the … Read more
Source: a video screenshot, Youtube Arthur Hayes, co-founder of crypto derivatives exchange BitMEX, believes the recent rally in the crypto market is not solely driven by anticipation of a spot Bitcoin (BTC) ETF. In a Tuesday essay titled “The Periphery,” Hayes attributed the surge in the crypto market to the costs associated with hawkish U.S. foreign policy, particularly in relation … Read more
Source: Pixabay Binance’s UK chief Jonathan Farnell who is also the CEO of a subsidiary Bifinity, has resigned from the company, adding to a slew of executive departures in recent times. His departure comes a week after the world’s largest crypto exchange announced suspending new customer registrations in the UK, following a crackdown on crypto … Read more
Source: Getty Images Marinade Finance, the largest decentralized finance (DeFi) protocol on the Solana blockchain, is blocking users in the United Kingdom from accessing its platform over “compliance concerns.” The concerns are related to newly introduced regulations from the UK’s regulator, the Financial Conduct Authority (FCA). Upon accessing Marinade Finance’s website from the UK, users … Read more
Source / Sam Cooling X CryptoLogos Solana (SOL) has blasted-up +25% in an impressive pump, as crypto markets come alive following bullish Bitcoin price moves the $31,000 level – but with Solana rising, is it too late to buy SOL? Indeed, Bitcoin’s strong performance so far this week – fuelled by positive sentiment surrounding the … Read more