South Korea’s top financial regulator, the Financial Services Commission (FSC), is reportedly initiating a review process to reconsider its stance on the ban on spot cryptocurrency exchange-traded funds (ETFs). This comes after forming a new cryptocurrency advisory committee within the regulator, signaling a potential shift from its earlier, more...

Justin Sun, the founder of the Tron (CRYPTO: TRX) network, has been elected as the Prime Minister of Liberland, a so-called micronation with an economy built around cryptocurrencies and blockchains. What Happened: Sun was nominated by President Vít Jedlička to serve as the acting PM after the cryptocurrency entrepreneur was...

Following Bitcoin’s price swings witnessed in the past weeks, a crypto expert has predicted a potential resurgence of bullish momentum in the short term. However, the crypto asset must recover a certain level in order to unlock the next significant price surge. A Key Metric Could Kickstart Next Rally...

Crypto trader @theunipcs gained widespread popularity on the crypto community on X (formerly Twitter) after pulling off what is being referred to as a legendary trade involving the Solana meme coin, BONK. The analyst had leveraged longed the BONK meme coin almost a year ago when it was still...

Cryptocurrencies referencing Elon Musk’s Tesla Inc. (NASDAQ:TSLA) surged Thursday as the electric vehicle (EV) juggernaut unveiled its dedicated two-seater robotaxi product. What happened: A Solana (CRYPTO: SOL)-based coin, TeslaTAXI, pumped over 101% in the last 24 hours, according to CoinMarketCap. The coin’s trading volume on the decentralized exchange (DEX)...

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Online reports revealed that the Chinese Government has started to move thousands of Ether (ETH) seized from a $4 billion crypto Ponzi scheme. As a result, Ethereum investors have recently shared their concerns about the possibility of a massive sell-off. Investor Fear Upcoming ETH Selling Spree On Wednesday, an...

Renowned economist Peter Schiff expressed his disappointment over not being featured in HBO’s new documentary on Satoshi Nakamoto despite his reputation as a ‘well-known’ Bitcoin (CRYPTO: BTC) critic. What Happened: Schiff said he watched the Cullen Hoback-directed documentary in an X post on Thursday. However, he voiced his grievances...

‘Uptober’ remained elusive as leading cryptocurrencies stagnated after hotter-than-expected inflation data poured cold water on expectations of further interest rate cuts by the Federal Reserve. Cryptocurrency Gains +/- Price (Recorded at 9:15 p.m. EDT) Bitcoin (CRYPTO: BTC) -0.75% $60,135.24 Ethereum (CRYPTO: ETH)                +0.75% $2,382.33 Dogecoin (CRYPTO: DOGE)           -1.37% $0.106...

According to a Bloomberg report, a recent survey found that almost half of the traditional hedge funds have some exposure to cryptocurrencies, with the degree of exposure expected to increase by year-end. Traditional Hedge Funds Venturing Into Crypto A survey conducted by the Alternative Investment Management Association (AIMA) and...