Goldman Sachs Revises Fed’s First Interest Rate Decrease Prediction.
To rein down inflation, the Federal Reserve began its tightening cycle in March 2022. Crypto and other risky assets were hit hard by the increase in borrowing rates last year.…
HTX Exchange Sees $258M Outflows Post-Recovery from Exploits.
This behavior suggests that customers are still feeling uneasy about the security issue. Hackers have targeted Sun-related projects multiple times recently.Following its recovery from a devastating attack, the HTX exchange…
IRS Intensifies Efforts to Combat Crypto-related Tax Evasion.
IRS criminal division observes rise in crypto tax evasion cases, shifting focus from money laundering to tax evasion.According to a report from the Internal Revenue Service (IRS) criminal investigations division,…
Google Tightens Grip on Crypto Ads With New Policy Update.
The updates are scheduled to be implemented on January 29, 2024. A green checkmark will probably appear during certification. As part of its ongoing effort to improve its advertising standards,…
Bitcoin Dumps 5% in an Hour, Why Are Crypto Markets Tanking?
Bitcoin and crypto markets have taken a sharp turn south during Monday morning trading in Asia. The largest digital asset crashed almost 5% in just over an hour, slumping from…
UK NAO Criticizes FCA Over Delayed Action on Crypto Sector
The NAO asserts that the lack of dedicated crypto staff is to blame. The FCA took longer than anticipated to register crypto-asset enterprises as per NAO. The United Kingdom’s National…
Defunct FTX and Alameda Research Transfer $23.49M Worth of Crypto
Nearly $23.59 million was distributed across 19 different tokens via the FTX-affiliated wallets. The transactions also included a variety of assets worth $6.07 million. Cryptocurrencies valued at $23.59 million were…
Bitcoin Price Consolidates as Bullish Momentum Slows Down.
At the time of writing, Bitcoin is trading at $43,948, down 0.64% in the last 24 hours.If the price manages to go below $43,020 support level, then it will likely…
No Influx of New Users for Ethereum Despite Spot ETH ETF Hype.
The number of new Ethereum users have not been rising lately, unlike the asset’s price. Ethereum, alongside the rest of the crypto market, experienced a notable resurgence in the past…
Binance Research Report Reveals 110% Surge in Crypto Market Cap YTD
Positive shift in stablecoin supply, NFT trade volume resurgence, and increased fees signal crypto market maturation. A recent report from Binance Research reveals a remarkable surge in the total cryptocurrency…