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CryptoCurrency
Coinbase Cuts Ties with USDC Rewards in EEA Over MiCA Rules
2024-11-29T17:23:37.434+02:00
USDC rewards will continue until Nov. 30, with final payouts by mid-December.
MiCA’s new rules require e-money token issuers to be licensed as electronic money institutions.
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CryptoCurrency
Crypto in 2024 Reaches $3 Trillion Market Cap, Embraced by 72% of Retail Investors
2024-11-28T21:58:51.119+02:00
New users face barriers in onboarding, interfaces, and managing private keys, limiting adoption.
GT Protocol offers a crypto investment platform that uses an AI chatbot for trading and portfolio management.
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Executive Moves
Former UK Minister Joins Axiom's $75 Million Bitcoin Venture Fund Push
2024-11-28T11:20:21.862+02:00
Steve Baker was appointed the newest Advisor of the BTC-focused venture capital firm Axiom.
He joins the long list of public servants who decided to switch from politics to blockchain technology.
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CryptoCurrency
OKX Launches Crypto and Wallet Solutions in Belgium, Backed by MFSA
2024-11-28T10:00:00.000+02:00
The services run under a Malta license without direct Belgian regulatory approval.
The firm partnered with Bancontact for instant, fee-free euro deposits and SEPA withdrawals.
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CryptoCurrency
CFTC Might Get Full Oversight over the US Crypto Market Under President Trump
2024-11-27T09:12:21.432+02:00
The anticipated change might make the CFTC responsible for overseeing the crypto spot markets and exchanges.
Currently, the regulator oversees Bitcoin and Ether options and futures.
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CryptoCurrency
FCA Research Highlights 12% UK Crypto Ownership and Views on Regulation and Risk
2024-11-26T02:01:00.000+02:00
UK crypto awareness rises to 93%, with average holdings at £1,842.
Most crypto buyers rely on family and friends, with 10% skipping research.
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CryptoCurrency
Dogecoin Rises 2.3% as X Payments and Elon Musk Boost Market Sentiment
2024-11-25T14:05:10.756+02:00
Musk's "$" post sparked X Payments rumours, raising hopes for Dogecoin's inclusion.
Dogecoin rose 2.3%, up 227% in the past month and 87% in the past week.
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CryptoCurrency
“If the Crypto Bubble Bursts, No One Will Come for Compensation,” Consob Commissioner
2024-11-22T17:12:18.494+02:00
Crypto ownership in Italy rose from 8% to 18% between 2022 and 2023, often with limited risk awareness.
Vulnerable groups and those with lower financial literacy, depend on social media for advice.
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CryptoCurrency
Bitcoin Nears $100,000 as China Clarifies Personal Crypto Rights
2024-11-22T11:44:16.398+02:00
China's crypto regulations target businesses, while personal ownership is allowed.
Bitcoin surged past $99,000, with speculation growing over its potential to hit $100,000 soon.
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CryptoCurrency
Kraken Hits $2 Billion CAD in Custody, Focuses on Crypto Knowledge Growth
2024-11-21T18:34:08.952+02:00
Ontario Securities Commission reports 54% of Canadians defined cryptocurrency in 2023.
Recently, the firm has introduced crypto-based derivatives for Australian wholesale clients.
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CryptoCurrency
Wall Street Miner Canaan Raises $30 Million, Sees 121% Revenue Increase in Q3 2024
2024-11-20T13:06:59.230+02:00
The firm secured a purchase agreement with HIVE Digital Technologies for 5,000 Avalon A15 miners.
The company mined 147 Bitcoins in Q3 2024, increasing its holdings to 1,231 BTC.
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CryptoCurrency
CyVers and Station70 Team Up for Transaction Security Solution Launch
2024-11-19T14:17:49.013+02:00
The new solution integrates Station70’s hosted co-signer-as-a-service with CyVers’ advanced real-time threat detection engine.
This dual-layered security approach allows institutions to gain greater control over signing processes while ensuring transactions are legitimate.
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CryptoCurrency
Gemini Launches in France After VASP Registration, Expands Crypto Services
2024-11-19T09:30:00.000+02:00
French users can deposit, trade, and store crypto on Gemini’s app, using EUR, GBP, debit card, and Apple Pay.
Crypto ownership in France has increased by 2 percentage points, leading post-crypto winter growth.
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CryptoCurrency
Shiba Inu Targets $0.00006: CoinMarketCap Ranks It 11th with $14 Billion Market Cap
2024-11-15T19:06:44.281+02:00
SHIB/USD faced resistance at $0.00002935 with potential support at $0.00002150 on the daily chart.
Shiba Inu plans a podcast to highlight its technical advancements, including Shibarium and its decentralized exchange.
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CryptoCurrency
Bitfinex Hacker Ilya Lichtenstein Jailed for Five Years
2024-11-15T07:50:00.320+02:00
Lichtenstein stole about 120,000 Bitcoins from the exchange, valued at over $10.5 billion at current market rates.
He and his wife pleaded guilty to one count of conspiracy to commit money laundering.
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CryptoCurrency
Will Bitcoin Reach 100K? Experts Share BTC Price Prediction for 2024
2024-11-14T14:16:11.172+02:00
BTC price surges past $93,000 as experts predict a $100K target by the end of 2024, driven by ETF inflows and post-election momentum.
Technical analysis and institutional demand suggest Bitcoin's path to $100K is clearer than ever.
Trump's victory and upcoming halving event create perfect conditions for new all-time highs.
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FinTech
Revolut Expands M&A Team and Rolls Out Revolut X to 30 EEA Markets
2024-11-14T13:29:44.046+02:00
The company's crypto exchange is expanding across Europe, providing access to over 200 tokens.
With a UK banking license obtained in July 2024, the company plans to issue its own stablecoin.
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CryptoCurrency
FBI Raids Polymarket CEO’s Home, Seizes Phone
2024-11-14T07:21:04.451+02:00
The federal agency did not arrest Shayne Coplan or charge him.
Coplan criticised the move, calling it political retribution by the outgoing Biden administration.
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CryptoCurrency
Coinbase Acquires Utopia Labs Team to Expand Stablecoin Payments in Wallet
2024-11-13T19:47:14.595+02:00
Four Utopia Labs members, including Kaito Cunningham and Alexander Wu, are joining Coinbase to develop stablecoin payment solutions.
Utopia raised $23 million from investors, including Coinbase, and will cease operations after the sale.
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Brokers
This Broker Just Hit 3M Customers, Adds Crypto to Compete with Revolut in Europe
2024-11-13T11:59:01.926+02:00
flatexDEGIRO has reached 3 million accounts, tripling its user base since 2020 with €66 billion in assets.
Due to the rising competition from neobanks like Revolut, it is also preparing to launch a crypto offering.
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CryptoCurrency
Will Dogecoin Reach $1? DOGE Latest Price Surge and 2024–2025 Predictions
2024-11-12T15:09:54.651+02:00
Dogecoin surges to $0.3292 in November 2024, with analysts predicting potential rise to $1 by 2025 amid Trump victory.
Technical indicators and whale activity suggest Dogecoin could break past previous ATH of $0.74 in next 12 months.
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CryptoCurrency
Solana Outpaces Bitcoin in Gains: What Is Driving This Rally?
2024-11-12T08:22:13.239+02:00
The market price of Solana has surpassed $220, gaining over 36 percent in the last seven days.
The token could see more upside due to anticipation around the approval of spot Solana ETFs.
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CryptoCurrency
Who Replaces SEC Chairman Gary Gensler? Trump's Team Weighs Candidates
2024-11-11T17:36:42.702+02:00
“Traditionally, presidents decide who chairs the SEC,” Gensler indicated a possible departure.
Former SEC officials Dan Gallagher, Paul Atkins, and Commissioner Mark Uyeda, all critics of current crypto policies, are potential replacements.
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CryptoCurrency
Toronto Kidnapping: Crypto Firm’s CEO Freed After CAD 1 Million Ransom
2024-11-10T07:23:04.201+02:00
Dean Skurka was abducted during rush hour in Toronto; client funds remain unaffected.
Meanwhile, Consensus 2025, a major crypto event, is scheduled to take place in Toronto in May.
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Payments
BIS Exits from China Backed mBridge CBDC Project After BRICS Summit
2024-11-08T16:37:00.000+02:00
“mBridge is not the BRICS Bridge,” Agustín Carstens, BIS General Manager.
Launched in 2021, mBridge uses blockchain to improve speed in cross-border payments.
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