crypto
Kenya Drafts Policy to Legalize Cryptocurrencies, Expand Digital Economy
- The country seeks to leverage its success with mobile money platforms like M-Pesa positions to promote blockchain technology.
- Treasury Cabinet Secretary John Mbadi highlighted the appeal of cryptocurrencies for cross-border transactions and investments.
Friday, 10/01/2025 | 20:54 GMT by
Jared Kirui
Why Is Bitcoin Going Down? BTC Price Falls to Lowest Levels Since November
- Bitcoin drops to $91,200 amid strong US economic data. Fed rate cut hopes diminish as the dollar strengthens.
- Analysts maintain a bullish outlook despite correction. Standard Chartered predicts $200K by 2025 end.
- Technical analysis shows that Bitcoin bulls are still in charge and the BTC price may rebound.
Friday, 10/01/2025 | 17:57 GMT by
Damian Chmiel
UK Treasury Separates Staking from Schemes, Clarifying Blockchain Validation
- The new regulation classifies staking as a technical process, clarifying blockchain networks like Ethereum and Solana.
- UK Treasury amends FSMA to separate crypto staking from investment schemes, effective January 31, 2025.
Friday, 10/01/2025 | 15:08 GMT by
Tareq Sikder
Wall Street Crypto Fever Drives OTC Trading to Double in 2024
- In the same time frame, stablecoin transactions grew 147% year-over-year, according to the Finery Markets report.
- The market expects accelerated institutional adoption in 2025, supported by favorable regulatory developments and expanded financial products.
Friday, 10/01/2025 | 13:56 GMT by
Damian Chmiel
Kraken Offers Fee Credits for FTX Clients to Trade $50K in Crypto
- Eligible clients can receive up to $105 in Kraken trading fee credits upon receiving their funds.
- Clients must complete onboarding and verification to access the fee credits on Kraken Pro.
Thursday, 09/01/2025 | 15:12 GMT by
Tareq Sikder
Ripple CEO's Dinner with Trump Sparks Speculation While XRPUSD Bearish
- The SEC claims Ripple sold XRP tokens as unregistered securities, with major implications for US crypto regulation.
- Ripple's legal battle and the meeting highlight potential changes in US crypto policy.
Thursday, 09/01/2025 | 13:19 GMT by
Tareq Sikder
This Megabank Doubles Down on Crypto with EU Hub Launch
- Standard Chartered has secured a digital asset custody license in Luxembourg, establishing its EU regulatory entry point under MiCA.
- The bank appointed former Société Générale executive Laurent Marochini as CEO of the Luxembourg entity.
Thursday, 09/01/2025 | 11:15 GMT by
Damian Chmiel
Cross-Chain Bridges Struggle to Address Liquidity and Security in Blockchain Ecosystem
- With DeFi’s TVL surpassing $125 billion, the UPR addresses liquidity fragmentation between blockchains.
- Kima’s protocol supports applications such as cross-border transfers and Web3 gaming, improving blockchain interoperability.
Tuesday, 07/01/2025 | 12:14 GMT by
Ariel Shapira
Fallen Crypto Exchange FTX EU Has a New Owner, but License Remains Suspended
- Backpack has acquired FTX EU, gaining a MiFID II authorization for European operations via CySEC.
- However, according to the Cypriot regulator's decision, the collapsed exchange license will be suspended until at least May 30, 2025.
Tuesday, 07/01/2025 | 08:00 GMT by
Damian Chmiel
MicroStrategy Expands Bitcoin Portfolio to 447K amid Post-Holiday $100K Surge
- The firm has acquired 1,070 Bitcoin for $101 million at an average cost of $62,503 per Bitcoin.
- After finding support at 91K, Bitcoin broke above 100K, signaling a bullish breakout on intraday charts.
Monday, 06/01/2025 | 17:32 GMT by
Tareq Sikder
Ripple's XRP Ledger Integration Could Boost Market Cap by $64 Billion in Japan
- XRP's integration into Japan's $6.37 trillion banking sector could impact its market performance.
- Projections show XRP’s price could reach $3.50 with 1% adoption, or $13.48 with 10% adoption.
Monday, 06/01/2025 | 14:11 GMT by
Tareq Sikder
Happy Birthday Bitcoin: From Pizza to $100K in 16 Years
- Notable events include the first Bitcoin ATM in 2013, El Salvador's adoption in 2021, and its rise from $0.0009 to 100K.
- Bitcoin reached $1 in 2011, $10 soon after, $30 within the year, and surpassed $1,000 by 2013.
Friday, 03/01/2025 | 10:28 GMT by
Tareq Sikder
Bybit Ends $150 Million Sponsorship as Red Bull Faces Shifts for 2025
- Sergio Perez’s contract with Red Bull ends after the 2024 season, with Liam Lawson replacing him for 2025.
- The Securities Commission of Malaysia recently directed the exchange to halt its operations in the country.
Thursday, 02/01/2025 | 16:24 GMT by
Tareq Sikder
CySEC Outlines Transitional Rules for Crypto-Asset Service Providers Under MiCA
- The regulator allows CASPs operating before 30 Dec 2024 to continue services until 1 July 2026 or MiCA authorization.
- CASPs must submit evidence of compliance with national rules to CySEC by 10 Jan 2025.
Tuesday, 31/12/2024 | 09:58 GMT by
Tareq Sikder
Why Is Bitcoin Falling? Price Tumbles 16% from Monthly High Before New Year
- BTC is facing profit-taking by long-term holders who have benefited from its price surge this year.
- Macroeconomic uncertainty, particularly regarding the Federal Reserve’s interest rate policy, is also to blame.
Monday, 30/12/2024 | 18:49 GMT by
Jared Kirui
Crypto Sees Second-Best Year Ever: 2024 Trading Hits $18.4 Trillion
- AltIndex’s report showed that this growth was driven by Bitcoin's rally, spot ETF approvals, increased DeFi activities, and regulatory clarity in key regions.
- Binance dominated the market by reportedly processing 40% of all crypto trades with $7.7 trillion in trading volume.
Monday, 30/12/2024 | 12:48 GMT by
Jared Kirui
Hong Kong Bitcoin ETF Proposal: Legislator Suggests Potential for Financial Stability
- The country plans crypto regulations based on a “same business, same risks, same rules” approach.
- China holds 190K Bitcoin, the second-largest after the U.S., with Hong Kong considering it for its reserves.
Monday, 30/12/2024 | 12:38 GMT by
Tareq Sikder
Ripple XRP Sees 250% Growth over Three Months with $8 Price Forecast
- The digital asset currently holds a 2% market dominance, with a market cap of $125 billion.
- The coin is trading at $2.20, up 52% in the last month, with a daily trading volume of over $5.60 billion.
Friday, 27/12/2024 | 14:08 GMT by
Tareq Sikder
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