The European Parliament has approved new regulations for the trading of cryptocurrency, which are set to take effect in July 2022. The measures aim to prevent money laundering, terrorist financing and other illegal activities by ensuring that crypto assets can be traced. Major service providers will also be required to disclose their energy consumption, as … Read more
The recent rally in Bitcoin had a positive impact on crypto stocks, which often outperform Bitcoin itself. However, this can also have negative consequences, as evidenced by today’s price action. \ Currently, the price of Bitcoin has slipped by 2.82%, and unfortunately, crypto stocks, including Marathon Digital (NASDAQ:MARA), Bit Digital (NASDAQ:BTBT), and Riot Platforms (NASDAQ:RIOT), … Read more
Despite the recent rally in cryptocurrency values in 2023, cryptocurrency exchanges are still facing challenges. In 2022, Bitcoin, Ethereum, and Dogecoin experienced significant declines, but they have since rebounded. One factor contributing to the recent rally is the belief that the US Federal Reserve is nearing the end of its current cycle of interest rate … Read more
In recent weeks, XRP has experienced a significant surge in its market capitalization, increasing by $8.85 billion within a month. This growth can be attributed to several factors, including the ongoing legal battle between Ripple and the Securities Exchange Commission (SEC), which has fueled optimism among the XRP community. XRP has broken crucial resistance levels … Read more
The recent Shapella upgrade in the Ethereum blockchain has the potential to bring about positive implications for Ether development and innovation. One potential impact of the upgrade is increased ETH liquidity, as users now have the ability to withdraw staked ether in partial or full amounts. This can create a more liquid and tradeable marketplace … Read more
Bankman-Fried has been charged with fraud by the US Securities and Exchange Commission (SEC) for allegedly misleading investors about the state of the company’s finances. Three of his closest colleagues have already pleaded guilty and are cooperating with the SEC. If convicted, Bankman-Fried faces more than 100 years in prison. Zhao has vehemently denied the … Read more
Why is Bitcoin price up today? – As per our readers’ demand and comments, we are publishing this article. If you want to know about Why is Bitcoin price up today?, continue reading and learn more. After the initial shock of the SVB crisis subsides, Bitcoin price has shown signs of recovery, with BTC/USD now … Read more
Bob Lee, the chief product officer at cryptocurrency startup MobileCoin and founder of Cash App, was fatally stabbed, and Nima Momeni, a tech consultant and entrepreneur, has been charged with murder in connection with the incident. According to an anonymous source, Lee and Momeni were in a car with friends when Momeni became upset with … Read more
In today’s crypto news, Singapore-based exchange Bitrue has fallen victim to hackers who stole $23 million from one of its hot wallets. As a result, Bitrue has temporarily suspended all withdrawals to conduct additional security checks and prevent further exploits. Meanwhile, Canon USA, the American arm of the camera and imaging giant, has announced plans … Read more
An arrest has been made in the murder of Bob Lee, a high-profile tech executive who worked for MobileCoin Inc., a startup in Silicon Valley that develops crypto technology. Lee was stabbed multiple times in San Francisco’s downtown area on April 4th and died at the hospital. The suspect, who reportedly worked in the tech … Read more