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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Trending
Happy Birthday Bitcoin: From Pizza to $100K in 16 Years
2025-01-03T12:28:35.836+02:00
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.
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CryptoCurrency
Bybit Ends $150 Million Sponsorship as Red Bull Faces Shifts for 2025
2025-01-02T18:24:18.855+02:00
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.
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CryptoCurrency
KuCoin Facilitates Crypto Payments at POS with QR Codes: Lowers Costs
2025-01-02T13:35:34.802+02:00
Merchants can integrate KuCoin Pay to process contactless payments via QR codes or the KuCoin app.
The platform targets everyday purchases, such as gift cards and mobile top-ups.
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CryptoCurrency
Why Is XRP Going Up Today? Analysts Forecast $5 in 2025
2025-01-02T12:10:41.693+02:00
In the last 24 hours, XRP rose 14%, holding $2.00 support with a bullish reversal pattern.
Analysts forecast XRP could range from $1.35 to $2.50 in February 2025.
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CryptoCurrency
Montenegro Extradites Do Kwon to the US, Prioritizing Fraud Charges
2024-12-31T15:01:49.819+02:00
The extradition followed 18 months of legal battles and a review by the Supreme Court.
Kwon's company was behind the TerraUSD collapse that lost nearly $40 billion.
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CryptoCurrency
CySEC Outlines Transitional Rules for Crypto-Asset Service Providers Under MiCA
2024-12-31T11:58:18.681+02:00
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.
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CryptoCurrency
Why Is Bitcoin Falling? Price Tumbles 16% from Monthly High Before New Year
2024-12-30T20:49:33.631+02:00
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.
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CryptoCurrency
Crypto Sees Second-Best Year Ever: 2024 Trading Hits $18.4 Trillion
2024-12-30T14:48:15.807+02:00
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.
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CryptoCurrency
Hong Kong Bitcoin ETF Proposal: Legislator Suggests Potential for Financial Stability
2024-12-30T14:38:08.814+02:00
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.
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CryptoCurrency
MiCA Threatens USDT’s Future in Europe as Potential Ban Looms in 4 Days
2024-12-27T19:16:40.031+02:00
Missing compliance deadlines, USDT raises concerns about liquidity and transaction costs.
Criticism of USDT rises over audit practices and halted coin minting.
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CryptoCurrency
Ripple XRP Sees 250% Growth over Three Months with $8 Price Forecast
2024-12-27T16:08:38.138+02:00
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.
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CryptoCurrency
Binance Eyes India's Role in Leading Global Crypto Rules by 2025
2024-12-27T11:30:58.403+02:00
India shifted from proposing a crypto ban in 2019 to supporting global regulatory cooperation.
The 30% crypto tax and 1% TDS have reduced trading on local exchanges.
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CryptoCurrency
New AML Rules in Turkey Set $425 Threshold for $170 Billion Crypto Sector
2024-12-25T19:17:43.611+02:00
Transfers with insufficient sender information may be flagged as “risky” and halted.
The update follows 47 license applications by Turkish crypto firms in 2024.
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CryptoCurrency
South Korea's 102 Trillion Won Crypto Market Engages 30% of Population
2024-12-25T13:03:05.562+02:00
The country's cryptocurrency investor count hits 15.6 million, a 610,000 increase in November.
Crypto transaction volume in Korea now rivals the domestic stock market's combined volume.
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CryptoCurrency
BlackRock’s IBIT Sees $188 Million Outflow as Bitcoin ETFs Surpass Gold in AUM
2024-12-25T12:27:29.859+02:00
US Bitcoin ETFs saw $1.52 billion in outflows over five days ending Dec. 24.
Gold ETFs Surpassed by Bitcoin ETFs in AUM, Reaching $129 Billion.
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Trending
Russia Bans Crypto Mining in 10 Regions for 6 Years Following Putin's Signed Law
2024-12-24T16:20:14.948+02:00
The restrictions follow laws signed by the Russian president in August and October 2024.
Seasonal mining restrictions will be imposed in three Siberian regions during energy peaks.
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CryptoCurrency
Gate.io Ceases Japan Services, Gate Group Acquires Coin Master Co
2024-12-24T13:05:50.313+02:00
Gate.io has halted new accounts for Japanese users and transitioned to its new entity.
Gate Japan K.K will offer services tailored to Japanese users while adhering to local regulations.
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Interviews
"Momentum of US Crypto Regulation Is Now Palpable": Crossover Markets' Brandon Mulvihill
2024-12-23T16:26:55.018+02:00
Finance Magnates recently spoke with Brandon Mulvihill, Co-Founder and CEO of Crossover Markets, during the FMLS:24.
Watch the whole interview in the video inside the article.
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CryptoCurrency
Why Is Crypto Down Today? Bitcoin, Ethereum, Dogecoin and XRP Are Crashing
2024-12-23T12:41:39.914+02:00
Bitcoin, Ethereum, and XRP crash as Fed's hawkish stance triggers $3.3T crypto market sell-off.
Crypto liquidations hit $300M as BTC drops below $94K, ETH falls to $3.3K amid Fed policy impact.
Major altcoins face steep declines: XRP tests $2.20 support, DOGE plunges 21% to $0.31 level.
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CryptoCurrency
How TradFi and DeFi Convergence Shapes the Future of Finance: Crypto’s Role
2024-12-23T12:18:33.158+02:00
Crypto and DeFi challenge traditional banking, but collaboration is emerging.
Vixichain bridges traditional finance and DeFi with a compliant, private blockchain.
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CryptoCurrency
Coinbase Faces Lawsuit over wBTC Delisting: Integrates Apple Pay for Crypto Conversions
2024-12-20T19:40:06.669+02:00
BiT Global claims the delisting is defamatory and anti-competitive.
Coinbase says it handles less than 1% of wBTC transactions, disputing market impact claims.
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Retail FX
2024 in Review: Bitcoin at $100K, Superapps, Prop Trading Boom, CFD Records and "AI-MO"
2024-12-20T11:45:16.935+02:00
Altcoins and meme tokens surged alongside Bitcoin’s rise; Dubai outpaced London and Cyprus as a broker hub; MetaQuotes disrupted prop trading; Asia dominated CFDs; MiCA and Consumer Duty created a new reality. Happy Holidays!
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Trending
Bitcoin Drops to $100K as El Salvador Modifies BTC Policy in IMF Deal
2024-12-19T19:52:29.743+02:00
Public sector involvement with Bitcoin will be restricted, and Chivo wallet will be phased out.
A survey shows 92% of Salvadorans don’t use Bitcoin for transactions.
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CryptoCurrency
Why Is Bitcoin Down Today? BTC Price Sees Sharpest Drop in 135 Days
2024-12-19T10:55:22.100+02:00
Bitcoin briefly dropped below $100,000 following the Federal Reserve's hawkish stance on future rate cuts.
However, market experts still see BTC price 2025 closer to $200,000.
Check the newest Bitcoin price predictions for 2024 and 2025 and the technical analysis of the BTC chart.
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CryptoCurrency
Deutsche Bank Taps ZKsync for Compliance-Driven Ethereum L2 Blockchain
2024-12-18T18:50:54.079+02:00
Project Dama 2 is part of Singapore’s Project Guardian on blockchain asset tokenization.
Deutsche Bank aims to launch the blockchain MVP in 2025, pending approval.
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