Ethereum at Critical Support Level, Risk of Falling Below $2,800 Looms
Ether, the second-largest cryptocurrency by market capitalization, is currently perched precariously at a vital support level. Crypto traders are closely monitoring this situation, as a failure to maintain this support…
Trump Expresses Compelled Support for Electric Vehicles Following Strong Endorsement by Elon Musk
Former President Donald Trump recently articulated a nuanced position on electric vehicles (EVs), citing a strong endorsement from Tesla CEO Elon Musk as a significant influence on his stance. Despite…
Digital Chamber Advocates for Senate Support on Lummis’ Bitcoin Reserve Bill
The Digital Chamber, a leading advocate for digital assets in the United States, is actively encouraging US lawmakers to support a groundbreaking bill that aims to integrate Bitcoin into the…
New York Authorities File Charges Against Fraudulent Crypto Recovery Firm
Manhattan District Attorney Alvin Bragg has recently unveiled criminal charges against an individual accused of orchestrating a deceitful cryptocurrency asset recovery business. The charges highlight the ongoing efforts by New…
Crypto.com Outstrips Coinbase in Trading Volume Due to Rising Institutional Interest
Crypto.com has recently overtaken Coinbase in terms of trading volume, marking a significant achievement for the centralized crypto exchange (CEX). According to the latest data from Messari, Crypto.com recorded a…
Nigerian Cryptocurrency Advocates Demand Regulatory Reforms During Protests
Amidst the ongoing #EndBadGovernanceInNigeria protests, the Nigerian cryptocurrency community is advocating for the inclusion of specific industry demands. The movement, aimed at addressing a wide range of governance issues, presents…
EU Regulator Flags Risks with Offshore Crypto Operations Under MiCA Regulation
The European Securities and Markets Authority (ESMA), the key regulator for the EU’s financial markets, has recently issued a detailed Opinion to highlight the risks associated with global crypto firms…
Hong Kong’s Largest Online Broker Launches Bitcoin and Ether Trading for 22 Million Users
Futu Securities International, Hong Kong’s largest online brokerage, has expanded its offerings by launching cryptocurrency trading for its 22 million customers. As of July 23, users based in Hong Kong…
Trump Campaign Reports $137 Million Raised in July, Falling Short of Harris’ First-Week Total
On Thursday, the campaign for Republican former President Donald Trump and its affiliated entities revealed that they raised $138.7 million in July. This amount is notably less than the fundraising…
South Korean Crypto Exchanges Face Unexpected Supervisory Fees
In a notable shift for South Korea‘s cryptocurrency industry, major cryptocurrency exchanges such as Upbit, Bithumb, and Coinone will now be subject to supervisory fees under the newly implemented Virtual…
Telegram Launches In-App Browser Supporting Decentralized Websites
On July 31, Telegram, the popular crypto-friendly social messaging platform, unveiled a new in-app browser that supports decentralized websites. Known as “TON Sites,” these sites are now accessible to users…
Bybit Unveils Indian Digital Rupee CBDC Payment Option
Cryptocurrency exchange Bybit has announced the integration of digital rupee payments into its platform. This development marks the inclusion of the Indian central bank digital currency (CBDC), aimed at enhancing…
Senator Lummis Introduces Bitcoin Strategic Reserve Bill in Senate
On July 31, Senator Cynthia Lummis officially introduced the Bitcoin Strategic Reserve bill, a legislative proposal aimed at establishing a reserve fund for Bitcoin, a scarce decentralized asset. The bill…
Biden Adviser Involved in Crypto Discussions to Join Harris-Supporting Super PAC
Anita Dunn, a senior adviser to President Joe Biden, is reportedly on her way out of the White House to join a political action committee (PAC) that supports Vice President…
Wisconsin Introduces New Tracker to Combat Cryptocurrency Fraud and Investment Scams
The Wisconsin Department of Financial Institutions (DFI) has taken a significant step forward in the fight against financial fraud by launching a publicly accessible investment scam tracker. This innovative tool…
Crypto Scams Persist in China Despite Ban, Shaanxi Police Detain Four Suspects
Mainland China, recognized as one of the most stringent jurisdictions regarding cryptocurrency regulation, continues to grapple with investment scams despite a comprehensive ban on most crypto activities. This ongoing issue…
Coinbase Denies Allegations of Campaign Finance Law Violations
Coinbase, a leading cryptocurrency exchange, finds itself at the center of controversy concerning a significant political donation. The exchange’s Chief Legal Officer, Paul Grewal, has publicly refuted accusations that Coinbase…
Bybit Suspends Services in France Amid Regulatory Challenges
In a significant development on August 1, Bybit, a popular cryptocurrency exchange, announced its decision to suspend operations in France. This decision comes in response to recent actions and regulatory…
Casper Network Resumes Activity After Halting Due to Security Breach
The Casper Network has successfully resumed its operations following a temporary shutdown caused by a security breach. On July 31, at precisely 3:18 pm UTC, a significant step was taken…
Hashrate Recovery Eases Bitcoin Miners’ Selling Pressure in July
Bitcoin’s price rebound in July has brought some much-needed relief to miners, resulting in a noticeable increase in mining activity and a reduction in selling pressure. A report from CryptoQuant,…