Dubai Tightens Grip On Crypto, Issues Cease And Desist Orders To 7 VASP Operators
The Virtual Assets Regulatory Authority (VARA) in Dubai has moved decisively, slapping cease-and-desist orders on seven VASPs. This is all a part of VARA’s continued attempts to make sure everyone follows its rules, especially when it comes to crypto marketing and licensing. The fines imposed can reach up to...
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Bitcoin, Ethereum, Dogecoin Trade Lower Following Inflation Data: ‘Pray $58K-$59K Holds Or Else It’s Nuke City For Bitcoin Baby’
Cryptocurrency markets are trading lower as Bitcoin ETFs clocked a second consecutive day of outflows on Wednesday while Spot Ethereum flows remaining muted. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $59,579.75 -2.4% Ethereum (CRYPTO: ETH) $2,360.93 -2.3% Solana (CRYPTO: SOL) $137.54 -2.1% Dogecoin (CRYPTO: DOGE) $0.1044 -3.9% Shiba Inu...
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SEC sues Cumberland DRW for unregistered crypto dealer activities
Cumberland allegedly had $2 billion worth of unregistered crypto dealing since 2018....
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Cryptokeying launches new cloud mining plan, providing one-click mining
Surbiton, UK , Oct. 10, 2024 (GLOBE NEWSWIRE) — In response to the rapid growth of the cryptocurrency market and the increasing interest in blockchain technology, Cryptokeying has launched a series of new cloud mining plans aimed at making cryptocurrency mining more accessible to the global audience. The announcement...
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Bitcoin Set For Explosive Growth As BTC Enters Early Stages Of Mega Bull
Despite recent fluctuations in the general crypto market, Bitcoin, the flagship digital asset is showing signs of an impending major rally, possibly to a new peak, which indicates a potential positive shift in price movement to the upside. Bitcoin’s Mega Bull Run Begins To Unfold Bitcoin is reportedly set...
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Ripple Pushes Back: Cross-Appeal Notice Filed Against SEC
In a significant development in the ongoing litigation between Ripple Labs and the US Securities and Exchange Commission (SEC), Ripple announced the filing of a cross-appeal against the regulator. This move follows the SEC’s recent appeal of a 2023 ruling by Judge Analisa Torres, which determined that the XRP...
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Bitcoin retraces to $59K amid altcoins stagnant with ‘regulatory hurdles’
Bitcoin has fallen below the crucial $60,000 price level. Meanwhile, a crypto analyst highlights that altcoins with strong fundamentals aren’t seeing price spikes due to “regulatory hurdles.”...
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Crypto Exec Says Bitcoin Price Will Touch $80,000 Before Year-End If This Happens
Matt Hougan, the Chief Investment Officer (CIO) of Bitwise has released a new report predicting that the price of Bitcoin (BTC) could skyrocket to $80,000 before the end of the year. Highlighting key dynamics behind Bitcoin’s March all-time high, the Bitwise CIO has disclosed several factors that could act...
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Millennials Favor Crypto ETFs As Top Investment Asset, Schwab Reports Growing Bullish Sentiment Among ETF Investors
A recent Schwab Asset Management study indicates ETF investors’ sentiment remains upbeat despite market and political uncertainty. What Happened: The 2024 edition of “ETFs and Beyond,” an annual study by Schwab Asset Management, stated that 75% of survey respondents feel confident their portfolios would recover from a deep recession...
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Gary Gensler Doubts Cryptocurrency Future, Says Leading Figures Are Either In Jail Or Awaiting Extradition
U.S Securities and Exchange Commission (SEC) Chairman Gary Gensler, at a recent event at New York University (NYU) School of Law, expressed his doubts over the potential of cryptocurrencies, including Bitcoin (CRYPTO: BTC), to become widely accepted forms of payment. What Happened: In a fireside chat with former SEC...
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