Prospects for a U.S. Bitcoin Strategic Reserve Under President Trump Are Slim
Mike Novogratz, CEO of Galaxy Digital, has expressed doubts about the feasibility of the United States establishing a Bitcoin strategic reserve during President-Elect Trump’s term. Speaking to Bloomberg TV, Novogratz…
SEC Greenlights Coincheck for Nasdaq Debut as First Japanese Crypto Exchange
Coincheck, a Tokyo-based cryptocurrency exchange under the umbrella of Monex Group, is poised to mark a significant milestone by becoming the first Japanese crypto exchange to be listed on the…
Revolut Expands Cryptocurrency Exchange to 30 New European Markets
Revolut, the cryptocurrency-friendly neobank, has extended its crypto exchange services to 30 new markets across the European Economic Area (EEA). The expansion includes countries such as Belgium, Cyprus, and Denmark,…
Guilty Plea Entered in $73 Million Cryptocurrency Laundering Case
In a recent legal development, Daren Li, a 41-year-old dual citizen of China, has entered a guilty plea for his involvement in a sophisticated scheme that laundered $73 million obtained…
Ethereum ETFs Experience Net Positive Flows with Significant Contributions from BlackRock
The total investments into United States-based spot Ether exchange-traded funds (ETFs) have shifted to a net positive, largely propelled by substantial inflows into BlackRock’s fund. This marks a significant milestone…
EU Regulator Issues Restrictive Measure Guidelines for Crypto Providers
The European Banking Authority (EBA), Europe’s key regulatory body overseeing the banking sector, has released two sets of guidelines aimed at improving compliance with the European Union’s restrictive measures, particularly…
EDX Markets Sees $36 Billion Trading Volume Surge in 2024
Crypto exchange EDX Markets has reported impressive trading activity in 2024, with over $36 billion in volume generated since January from institutional clients. The exchange has experienced significant growth, particularly…
Italy Moderates Proposed Crypto Tax Increase
The Italian government is reportedly revising its approach to cryptocurrency taxation, proposing to increase the capital gains tax on digital assets from 26% to 28%, rather than the previously speculated…
North Korean Malware Bypasses Apple’s Security Measures to Target macOS Systems
Researchers at Jamf Threat Labs have uncovered a series of applications developed by North Korean hackers that managed to bypass Apple’s stringent security protocols, including its notarization process. This development…
Coinbase Unveils COIN50 Index for Global Digital Asset Tracking
Coinbase has expanded its offerings with the introduction of a new index, the Coinbase 50 Index (COIN50), which monitors over 50 digital currencies available on its platform. Announced on November…
Cryptocurrency Markets Approach ‘Extreme Greed,’ Potential Deleveraging Ahead of $100K Bitcoin
As cryptocurrency markets experience a sharp upward trajectory, signs of overheating are emerging, with some market leaders cautioning about a potential deleveraging phase before further gains. On November 12, the…
Caitlyn Jenner Sued by Investors Over JENNER Memecoin Controversy
On November 13, a class-action lawsuit was initiated by Naeem Azad and Mihai Caluseru, citizens of the United Kingdom and Romania, respectively. Filed in a California federal court, the suit…
Bitget Resumes Operations in the UK Following Regulatory Compliance
Cryptocurrency exchange Bitget has officially resumed its services in the United Kingdom, aligning with local financial regulations to ensure full compliance with the financial promotions regime. This development, confirmed on…
Tragic End for Crypto Influencer Kevin Mirshahi Found in Montreal After Abduction
In a grim development, the decomposing body of Kevin Mirshahi, a noted crypto influencer, was discovered in Île-de-la-Visitation park, Montreal. Local media reported that a passerby found Mirshahi’s remains on…
Investor Loses $6 Million in GIGA Tokens to Phishing Scam Involving Fake Zoom Link
A significant phishing attack targeting a well-known memecoin investor resulted in a loss of $6.09 million, striking a major blow to the victim and sparking widespread concern within the cryptocurrency…
US Ether ETFs Experience Record Inflows, Signaling Strong Market Confidence
The U.S. spot Ether exchange-traded funds (ETFs) have marked a significant milestone, registering the largest single-day inflow since their inception, as investor enthusiasm surges following Donald Trump’s election victory. On…
Tether Introduces Open-Source Wallet Kit Compatible with AI
Tether, the leading issuer of the world’s largest stablecoin, unveiled a significant innovation on November 11—a Wallet Development Kit (WDK) that is open-source and designed for integration across a diverse…
PayPal USD Implements LayerZero to Facilitate Cross-Chain Transfers Between Ethereum and Solana
PayPal‘s U.S. dollar-pegged stablecoin, PayPal USD (PYUSD), has made a significant leap in blockchain interoperability by integrating with the cross-blockchain bridging protocol LayerZero. Announced on November 12, this integration marks…
Crypto Adoption Higher Among Underbanked in U.S., According to FDIC
In 2023, cryptocurrency usage was more prevalent in “underbanked” households in the United States than those fully integrated into the banking system, according to a report released by the Federal…
Other Factors Beyond Trump’s Win Propel Bitcoin’s Surge, Analysts Say
While Donald Trump‘s presidential election victory in the United States has certainly played a role in Bitcoin’s recent price surge, experts argue that this is not the primary driver. Jesse…