Ethereum’s Price Trading in Confined Range Eyeing Breakout
Amid the recent upsurge, the price is up 11% in the last 7 days. If the bears drive the price below $1762 level, then price will head towards $1671 level.The…
DeFi Oversight: Consensys Advocates for Nuanced Approach Following IOSCO’s
MetaMask’s parent firm, Consensys, has commented on IOSCO’s proposal to identify “responsible persons” in DeFi projects.As different jurisdictions gear up for regulations on the digital asset sector, DeFi remains a…
CEX Spot Trading Volume Dropped 20% in Q3 2023.
Analysts said last quarter was a turbulent one for crypto exchanges.The top 10 centralized crypto exchanges (CEXs) recorded a spot trading volume of $1.12 trillion in Q3 2023, indicating a…
South Korea’s Crypto Craze: 6 Million Investors and the Rise of Centralized Exchanges.
Approximately 10% of the population in South Korea have made investments in cryptocurrency.South Korea has emerged as a global hotspot for cryptocurrency investment in recent years, according to a recent…
Not Just Crypto: Australian Police Unravel Currency Exchange Laundering Nearly $230 Million in Illegal Funds.
AFP uncovered Long River syndicate, laundering $229 million through 12 establishments in Australia. 7 arrests were made in Melbourne. The Australian Federal Police (AFP) has uncovered a money laundering syndicate,…
Crypto Isn’t Primarily Responsible For Terrorist Financing, Says US Treasury Official
Though not a major terror issue today, the department’s deputy secretary says they intend to prevent crypto from becoming one.U.S. Deputy Treasury Secretary Wally Adeyemo confirmed in a speech on…
Ireland Grants VASP License to Standard Chartered-Backed Zodia Markets.
Zodia Markets may now provide OTC crypto services to institutional customers.Before the MiCA goes into force, Ireland is shaping up to be a major crypto hub.Zodia Markets, a platform for…
Virtual Asset Management Bill Introduced in Taiwan’s Parliament
The 30-page measure seems to provide reasonable requirements for the sector.The proposed legislation sets a penalty for unlicensed VASPs. The Virtual Asset Management Bill was proposed to the Legislative Yuan,…
Gemini Sues Genesis Global To Recover 60 Million GBTC.
This complaint follows a similar one filed by NYAG Letitia James a week earlier.Gemini has launched an action to acquire possession of the GBTC shares.In a lawsuit against Genesis Global,…
Bitcoin Price Consolidates; Bullish Breakout Likely?
The blockchain analytics platform Santiment hinted in a twitter post yesterday that a market downturn for cryptocurrencies may not be happening very soon. This is in response to the current…