Tag: News

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No Bitcoin ETF Without Further Crypto Regulation, Says South Korean FSS Chief

No Bitcoin ETF will gain approval in South Korea unless the government introduces new crypto rules, the head of the Financial Supervisory Service (FSS) said on March 5. The FSS chief Lee Bok-hyun this week struck an optimistic note about possible Bitcoin spot exchange-traded fund approval. But per the media outlet Nocut News, Lee also…
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Binance Receives Cyber Security Professional Award from Hong Kong Authorities

The Hong Kong government recognized Binance, a prominent cryptocurrency exchange, with the Cyber Security Professional Merit Award, highlighting its efforts to safeguard users in the dynamic Web3 landscape. The crypto exchange received the award under the banking and finance category. Thus, it became the only Web3 firm to receive such an award from Hong Kong…
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The March Revival — Unprecedented Movement of Early Bitcoin Hoards Move for the First Time in Years

As bitcoin’s value teeters on the brink of setting new price records, a significant batch of vintage bitcoins dating back from 2010 to 2017 has been transferred for the first time since their initial creation. Present data reveals that in the opening week of March 2024, a total of 4,237.73 ancient bitcoins, valued at over…
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Vitalik Buterin’s ENS Address Trades $100K Worth of ETH for Stablecoins Amid Market Uptick

According to blockchain analytics, the Ethereum Name Service (ENS) domain “vitalik.eth” has engaged in a transaction of $100,000 worth of ether, converting it into an equal amount of stablecoins on the Base blockchain. The address, purportedly belonging to Ethereum’s co-founder Vitalik Buterin, currently possesses 955.58 ether, estimated at $3.64 million. ‘Vitalik.eth’ Wallet Makes Strategic $100K…
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Ex-Goldman Exec Sees Liquidation Period as Bitcoin Investment Window

RealVision CEO Raoul Pal, a former Goldman Sachs hedge fund manager, suggested that periods of significant liquidation offer favorable buying chances for Bitcoin. His comments came after Bitcoin hit a new all-time high above $69,000, before tumbling to around $63,000 on Tuesday. After the price correction, CoinGlass data showed that the crypto market saw more…
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Bitcoin Price Prediction: BTC Eyes $70,000 Amid Political Endorsements

Bitcoin Price Prediction Bitcoin price is climbing over 4% to hit $66,300 during the Asian session on Wednesday. This surge reflects growing investor confidence and forecasts a bullish trend in the cryptocurrency market. As Bitcoin navigates through varying degrees of volatility, its price prediction becomes a focal point for traders eyeing the digital asset’s future…
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Japanese Police Arrest ‘Teenage Litecoin Exchange Operator’

Japanese police officers have arrested a teenage high schooler on suspicions of operating an illegal Litecoin (LTC) exchange. Per Manichi Press, Tokyo Metropolitan Police Department’s Cyber Crime Control Division charged a male aged 18 with violating the Payment Services Act on March 4. Litecoin prices over the past seven days. (Source: TradingView) Japanese Police Suspect…
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Binance.US Axed Two-Thirds of Staff, Revenue Tanked 75% after SEC Lawsuit: COO

Binance’s US arm imploded following SEC allegations regarding violations of securities law, according to the subsidiary’s COO Christopher Blodgett. In a recently disclosed deposition from Dec. 15, Blodgett said that the SEC lawsuit severely impacted the division, likening it to a “near-mortal blow.” As a result, the company was forced to lay off more than…
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Top Crypto Gainers Today on DEXTools – AISORA, SPARKO, SUBF

Top Crypto Gainers Today on DEXTools As blue-chip crypto markets suffer wake of profit-taking in wake of Bitcoin hitting fresh all-time highs above $69,000, traders looking to turn a quick profit are flocking to the on-chain shitcoin markets for top crypto gainers today, with dozens of new tokens still enjoying big pumps. Bitcoin briefly surpassed…
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Virginia Senate Passes Blockchain Bill to Foster Crypto Adoption

The US state of Virginia, which is seeking to safeguard the crypto rights of its citizens, is one-step closer to creating a working group to deep-dive into crypto expansion. Virginia state Senate on Monday, passed a bill, which aims to create a research group to study blockchain and cryptos. The proposition was introduced as a…
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